Trust Fund

Nestlé Purina PetCare Celebrates Official Grand Opening Of New Pet Food Factory in North Carolina

Retrieved on: 
Tuesday, March 26, 2024

EDEN, N.C., March 26, 2024 /PRNewswire/ -- State officials, community partners and Nestlé Purina PetCare leaders gathered today to commemorate the official opening of the pet care company's newest pet food factory in Eden, North Carolina. The grand opening celebration is the culmination of more than three years of work to bring the more than $450 million operation to life and establish the first Nestlé manufacturing facility in the state.

Key Points: 
  • EDEN, N.C., March 26, 2024 /PRNewswire/ -- State officials, community partners and Nestlé Purina PetCare leaders gathered today to commemorate the official opening of the pet care company's newest pet food factory in Eden, North Carolina.
  • The new Purina factory in Eden has already created more than 300 new positions, with plans to add more personnel in the future.
  • Between 2020 and 2025, Nestlé is on track to invest $2 billion in Purina's factory and capital expansion projects to enhance its manufacturing footprint.
  • North Carolina Governor Roy Cooper recognized the significant investment and commitment from all parties to make the facility a reality.

EQS-News: ProCredit Holding AG & Co. KGaA: Agreement with the Multilateral Investment Guarantee Agency (MIGA) expanded to further support the business activities of ProCredit Bank Ukraine

Retrieved on: 
Wednesday, June 21, 2023

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Agreement with the Multilateral Investment Guarantee Agency (MIGA) expanded to further support the business activities of ProCredit Bank Ukraine (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • ProCredit Holding AG & Co. KGaA: Agreement with the Multilateral Investment Guarantee Agency (MIGA) expanded to further support the business activities of ProCredit Bank Ukraine
    Frankfurt am Main, 21.
  • June 2023 – ProCredit Holding AG & Co KGaA (ProCredit Holding), the parent company of the development-oriented ProCredit group, today announced that the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has significantly increased a guarantee for ProCredit Holding which has been in place since 2020.
  • The guarantee covers ProCredit Holding’s equity investments in its subsidiary, ProCredit Bank JSC, Ukraine (ProCredit Ukraine), against the risk of expropriation of the mandatory minimum reserve held at the country’s central bank.

7 out of 10 Americans Age 50+ Doubt They Will Receive Full Social Security Benefits as Promised

Retrieved on: 
Tuesday, April 18, 2023

Americans are growing angrier and more scared that the government may be unable to pay their Social Security benefits in full, according to the 2023 Social Security Confidence Survey from PlanGap.

Key Points: 
  • Americans are growing angrier and more scared that the government may be unable to pay their Social Security benefits in full, according to the 2023 Social Security Confidence Survey from PlanGap.
  • 53% of survey respondents answered they are not confident in the official insolvency estimates and believe the Social Security program is in worse shape than indicated in the report.
  • When thinking about the potential 23% reduction in Social Security retirement benefits and how stressful a reduction would seem to them, the top 3 responses included:
    Additional responses included comparing the stress of a Social Security benefit reduction to:
    Only 9% of respondents indicated they are hopeful the government will solve the funding challenges facing Social Security without reducing benefits.
  • PlanGap conducted an online survey, the 2023 Social Security Confidence Survey, of 1,018 U.S. adults age 50 and older following the publication of the Social Security Board of Trustees’ Annual Report on March 31, 2023.

Federal Debt Should Be Reduced to 70% of GDP

Retrieved on: 
Thursday, February 9, 2023

The projection is detailed in CED's new Solutions Brief, Debt Matters: A Road Map for Reducing the Outsized US Debt Burden to 70% of GDP , which is the latest study in CED's Sustaining Capitalism series.

Key Points: 
  • The projection is detailed in CED's new Solutions Brief, Debt Matters: A Road Map for Reducing the Outsized US Debt Burden to 70% of GDP , which is the latest study in CED's Sustaining Capitalism series.
  • Most immediately, CED's recommendations advocate raising or suspending the debt ceiling to avoid a fiscal crisis, particularly at this time, when the economy is fragile.
  • That decision should be linked to the immediate establishment of a bipartisan National Commission on Fiscal Reform and Debt Reduction, with a road map that will achieve debt reduction.
  • The new Solutions Brief, Debt Matters: A Road Map for Reducing the Outsized US Debt Burden to 70% of GDP, can be accessed here .