Language:

See all Disinfo Cases - Detail

Disinfo: NASDAQ will delist any company without one LGBT board member

Summary

The American Stock Exchange “Nasdaq” announced its intention to remove companies that do not appoint one woman and a member of the LGBT minority to their boards of directors.

The ruling elite finds nothing better than sacrificing efficiency for ideology. It happened in the Soviet Union for the sake of communist ideology, in the United States, it happens for the liberal ideology, which requires that companies not be run by effective professionals, with experience and professional competence, and have come a long way in the career ladder, but based on their background whether they are gay or women whose competence is summed up only in not being men.

Disproof

A recurring pro-Kremlin narrative that seeks to discredit liberalism by comparing it to the communism of the Soviet Union, which makes it part of a wider narrative claiming that liberal societies are totalitarian systems ruled by “globalist elites”.

The new proposed Nasdaq listing requirement does not force companies to have an LGBT board member but requires listed companies to include in their board at least one woman and one member from an underrepresented minority group "or" an LGBTQ member.

The proposal's definition of an “underrepresented minority” does not only include LGBTQ, but also means an individual who self-identifies as one or more of the following: Black or African American, Hispanic or Latinx, Asian, Native American or Alaska Native, Native Hawaiian or Pacific Islander, or Two or More Races or Ethnicities.

Foreign companies and smaller reporting companies would have additional flexibility in satisfying this requirement with two female directors.

Moreover, companies will not be subject to delisting if they provide an explanation of their reasons for not meeting the objectives.

Finally, in response to the claim that liberal ideology is prioritising identity over competence and performance, Nasdaq announced that part of the rationale for the new requirements is that over two dozen studies found an association between diverse boards and better financial performance and corporate governance.

Go to search

publication/media

RT Arabic (Archived)
New Hub
  • Reported in: Issue 225
  • DATE OF PUBLICATION: 09/12/2020
  • Language/target audience: Arabic
  • Country: US
  • Keywords: Secret elites / global elites, LGBT

Disclaimer

Cases in the EUvsDisinfo database focus on messages in the international information space that are identified as providing a partial, distorted, or false depiction of reality and spread key pro-Kremlin messages. This does not necessarily imply, however, that a given outlet is linked to the Kremlin or editorially pro-Kremlin, or that it has intentionally sought to disinform. EUvsDisinfo publications do not represent an official EU position, as the information and opinions expressed are based on media reporting and analysis of the East Stratcom Task Force.

see more

The objective of the EU’s attack against Russia with regards to coronavirus-related disinfo is illegal censorship

The European Union launched a new attack on Russia instead of joining forces in the fight against coronavirus. This attack creates an information background to impose censorship and illegal restrictions on unwanted journalists.

December 09, 2020
Disproof

This is a pro-Kremlin message which aims to deny the role of Russian media in spreading disinformation narratives about the coronavirus pandemic. In fact, it is the Russian media that has been involved in pushing several disinformation narratives and conspiracy theories since the start of the pandemic trying to undermine its severity and politicize it. The claim was neither critically challenged nor counterbalanced in the article.

For example, in the early days of the pandemic, pro-Kremlin media propagated the view that the virus was created by the US to destroy the Chinese economy and target Russia and its allies, only for the US to become one of the hardest hit countries by the pandemic. The narrative then focused on the pandemic being a plot by a global elite to control people including by planting a microchip in their heads.

A Blitzkrieg in Belarus failed, Lithuania and Poland will likely intensify their anti-Belarusian activities

A Blitzkrieg against Belarus did not succeed, so Lithuania and Poland will likely take an even more active position on Belarus in the near future. Lithuania is turning into a gathering point for the Belarusian opposition. Vilnius tries to raise its scores in the EU by turning into the main manipulator of the Belarusian processes.

December 09, 2020
Disproof

Recurring pro-Kremlin disinformation narrative about Western attempts to stage a colour revolution in Belarus, particularly through Lithuania and Poland.

It contains the word 'blitzkrieg' which is casually used as a generic description for the style of manoeuvre warfare practised by Germany in WWII. Hence, it intends to build an absurd parallel between Nazi Germany's actions against the BSSR and USSR, on the one hand, and alleged present-time Western aggression against Belarus. The accusation of Nazism/ Fascism and building a link to Nazi Germany is one recurring techniques of pro-Kremlin outlets, read our past analysis Nazi east, Nazi west, Nazi over the cuckoo's nest.