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Jewish institutions have a tool for fighting climate change: their bank accounts
(JTA) — The last eight years have been the hottest in recorded history, causing untold damage across the world — and that destruction is not something that we can reverse with the flick of a switch. We can’t instantly turn back the floods in California nor solve its decade-long drought. We can’t immediately end the wildfires in Colorado, hurricanes in Florida or flash floods in the Northeast and California.
But the American Jewish community has an important role to play in addressing the underlying cause of these devastating events and avoiding an ever-increasing cascade of destruction and harm.
Many of us are members of Jewish organizations or congregations that, often unknowingly, support fossil fuel companies. Even as we work to cut our carbon footprints, our investments are financing Exxon’s and Chevron’s expansion in fossil fuels. A recent report by the organization I lead, Dayenu, found that a sample of major Jewish organizations had over $3 billion invested in fossil fuel companies. According to Fossil Free Funds and the EPA, that’s $3 billion invested in coal, oil and gas companies that extract and burn carbon responsible for the equivalent of running 561,276 cars on the road for a year.
By reallocating that money from the extraction and burning of fossil fuels to investing in clean energy, we can turn our communal assets from a net cost to the earth to a net gain for our future.
The way forward is clear. The world’s leading scientists tell us that to avoid the worst impacts of the climate crisis, we must halve global greenhouse gas emissions by 2030 and end all climate pollution no later than 2050. Fossil fuels — coal, oil, and gas — are the leading contributors to climate change, responsible for 75% of all greenhouse gas emissions. Renewable energy sources like solar, wind, and hydropower are already cheaper, more reliable, and more lucrative for investors — while creating millions of jobs.
The vast majority of American Jews support bold climate action. A 2014 study found that 8 out of 10 American Jews were concerned or alarmed about the climate crisis. Since then, climate has become a top concern for American Jews, consistently ranking as a priority issue for American Jewish voters, especially young people. Initiatives like the Jewish Climate Leadership Coalition are helping institutions cut their emissions, and there is growing interest in socially responsible and impact investing.
These steps show a commitment to taking action — but much more is needed to reach the scale necessary to confront climate change. Over the past few years, Brandeis, a university “animated by Jewish values, rooted in Jewish history and experience,” decided to turn concern into action.
Joining Harvard, Yale and other universities, Brandeis divested some $997 million from fossil fuel companies in 2018. But University President Ronald Liebowitz said a recent decision to further reduce exposure to fossil fuels and expand investments in clean energy helps move the university to further align with its Jewish values and become “a Brandeis that strives to reflect one of its highest values: using one’s talents to repair the world — in word and deed.”
It’s not just institutions of higher education. Thousands of other organizations have already moved their money from fossil fuels to clean energy investments. Sovereign states like Norway, major retirement plans like New York City’s pension funds, and numerous faith organizations have all moved their resources in ways designed to make them agents of a sustainable future.
Now Jewish organizations, institutions and communities can join them. As part of the report “With All Our Might: Bechol M’odecha: How the Jewish Community Can Invest in a Just, Livable Future,” Dayenu lays out a six-step Roadmap for Change to help the Jewish community better align its investments with its values. Beginning with Jewish learning, or reishit chochma (grounding), the steps guide institutional leaders through cheshbon (research investments), limmud (education), sicha (engagement), kavanah (making a plan) and kadima (moving your money).
Larger institutions will focus on their asset managers, while congregations and smaller organizations will focus on their banks. By advocating publicly and privately with both banks and asset managers — the two primary financiers of fossil fuel extraction — to reinvest their money, Jewish organizations can educate their communities about sustainability and finance. Vocally aligning their finances with their values, the Jewish community can help speed a movement away from fossil fuels and toward clean energy at the pace that we, and future generations, need to survive.
And, make no mistake, it’s a race against time. The International Energy Agency — the world’s most respected energy analysis group — says that to reach zero emissions by 2050, we need to invest $4 in clean energy for every $1 in fossil fuels every year for the next few decades. However, since the Paris Agreement was signed, asset managers and banks have put trillions of dollars into the fossil fuel industry. To win this race, we need to use the lever of private finance. Faced with pressure from whole sections of the public — including the Jewish community — companies like BlackRock, Citigroup, JPMorganChase and Vanguard could be persuaded to hasten the transition to clean energy.
The American Jewish community is well-positioned to take meaningful climate action. Like other faith traditions, we are well-organized, and our institutions have an estimated $100 billion of investment assets. Following Dayenu’s six-point roadmap, we can withhold the Jewish community’s financial support for dirty energy and instead invest in renewables. By raising our voices alongside the many investors who are calling for change, we can accelerate the transition to a clean energy future. As floods, fires, and heat waves come with alarmingly greater frequency and severity, we know we have no time to waste.
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Syrian Security Forces Use Gunfire to Disperse Rival Protests in Alawite Heartland
Alawites gather during a protest to demand federalism and the release of detained members of their community, in Latakia, Syria, Nov. 25, 2025. Photo: REUTERS/Stringer
Syrian security forces used gunfire on Tuesday to break up two rival groups of demonstrators in the coastal town of Latakia, heartland of the country’s Alawite minority, witnesses and officials said.
Syria has been rocked by several episodes of sectarian violence since longtime leader Bashar al-Assad, who hails from the Muslim Alawite minority, was ousted by a rebel offensive last year and replaced by a Sunni-led government.
Witnesses said hundreds of Alawite protesters had gathered to demand a decentralized political system in Syria and the release of men they say were unjustly detained by the country’s new authorities. Supporters of the government then gathered and began shouting insults at the Alawites.
About an hour into the Alawites’ rally, gunshots were heard in Agriculture Square, one of two town squares where the protesters had gathered, according to two witnesses and videos verified by Reuters. One of the verified videos showed a man lying motionless on the ground with a wound to the head.
There was no immediate official word on casualties.
Noureddine el-Brimo, the head of media relations in Latakia province, told Reuters security forces had fired into the air to disperse the rival protesters, and added that unknown assailants had also fired on civilians and on the security forces.
He gave no further details but witnesses said both protests had broken up by the afternoon.
‘THERE’S NO MORE SECURITY’
The rally had been called for by the head of the Supreme Alawite Islamic Council, Ghazal Ghazal, on Monday. He urged Alawites to protest peacefully.
“We demand to live in security, to go to school safely without kidnapping. This was the only place we used to feel security. Now there’s no more security and we’re exposed to kidnapping and fear,” said Leen, who attended the protest but declined to give her last name out of security concerns.
Nearly 1,500 Alawites were killed by government-linked forces in March after Assad loyalists ambushed state security. Reuters reported that dozens of Alawite women were later kidnapped, though authorities deny they were abducted.
Syria‘s President Ahmed al-Sharaa, a former militant Islamist, has vowed to rule for all Syrians but the country’s nearly 14-year civil war and the bouts of violence over the last year have prompted fears of further instability.
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Zelenskiy Says Ukraine Ready to Move Forward With US-Backed Peace Plan
A rescuer walks next to a body of a resident killed by a Russian missile strike at a compound of the supermarket warehouse, amid Russia’s attack on Ukraine, in Kyiv, Nov. 25, 2025. Photo: Press service of the State Emergency Service of Ukraine/Handout via REUTERS
Ukrainian President Volodymyr Zelenskiy said on Tuesday that Kyiv was ready to move forward with a US-backed peace deal, and that he was prepared to discuss its sensitive points with US President Donald Trump in talks he said should include European allies.
In a speech to the so-called coalition of the willing, a copy of which was seen by Reuters, Zelenskiy urged European leaders to hash out a framework for deploying a “reassurance force” to Ukraine and to continue supporting Kyiv for as long as Moscow shows no willingness to end its war.
Ukraine had signaled earlier in the day support for the framework of a peace deal with Russia but stressed that sensitive issues needed to be fixed at a meeting between Zelenskiy and Trump.
Kyiv’s message hinted that an intense diplomatic push by the Trump administration could be yielding some fruit but any optimism could be short-lived, especially as Russia stressed it would not let any deal stray too far from its own objectives.
US and Ukrainian negotiators held talks on the latest US-backed peace plan in Geneva on Sunday. US Army Secretary Dan Driscoll then met on Monday and Tuesday with Russian officials in Abu Dhabi, a spokesperson for Driscoll said.
US and Ukrainian officials have been trying to narrow the gaps between them over the plan to end Europe’s deadliest and most devastating conflict since World War II, with Ukraine wary of being strong-armed into accepting a deal largely on the Kremlin’s terms, including territorial concessions.
“Ukraine – after Geneva – supports the framework’s essence, and some of the most sensitive issues remain as points for the discussion between presidents,” a Ukrainian official said.
Zelenskiy could visit the United States in the next few days to finalize a deal with Trump, Kyiv’s national security chief Rustem Umerov said, though no such trip was confirmed from the US side.
White House press secretary Karoline Leavitt said on X that over the past week the US had made “tremendous progress towards a peace deal by bringing both Ukraine and Russia to the table.” She added: “There are a few delicate, but not insurmountable, details that must be sorted out and will require further talks between Ukraine, Russia, and the United States.”
Oil prices extended an earlier decline after reports of Ukraine potentially agreeing to a war-ending deal.
Underlining the high stakes for Ukraine, its capital Kyiv was hit by a barrage of missiles and hundreds of drones overnight in a Russian strike that killed at least seven people and again disrupted power and heating systems. Residents were sheltering underground wearing winter jackets, some in tents.
ZELENSKIY: WILL DISCUSS SENSITIVE ISSUES WITH TRUMP
US policy towards the war has zigzagged in recent months.
A hastily arranged summit between Trump and Russian President Vladimir Putin in Alaska in August raised worries in Kyiv and European capitals that the Trump administration might accept many Russian demands, though the meeting ultimately resulted in more US pressure on Russia.
The 28-point plan that emerged last week caught many in the US government, Kyiv, and Europe alike off-guard and prompted fresh concerns that the Trump administration might be willing to push Ukraine to sign a peace deal heavily tilted toward Moscow.
The plan would require Kyiv to cede territory beyond the almost 20% of Ukraine that Russia has captured since its February 2022 full-scale invasion, as well as accept curbs on its military and bar it from ever joining NATO – conditions Kyiv has long rejected as tantamount to surrender.
The sudden push has raised the pressure on Ukraine and Zelenskiy, who is now at his most vulnerable since the start of the war after a corruption scandal saw two of his ministers dismissed, and as Russia makes battlefield gains.
Zelenskiy could struggle to get Ukrainians to swallow a deal viewed as selling out their interests.
He said on Monday the latest peace plan incorporated “correct” points after talks in Geneva. “The sensitive issues, the most delicate points, I will discuss with President Trump,” Zelenskiy said in his nightly video address.
Zelenskiy said the process of producing a final document would be difficult. Russia‘s unrelenting attacks on Ukraine have left many skeptical about how peace can be achieved soon.
“There was a very loud explosion, our windows were falling apart, we got dressed and ran out,” said Nadiia Horodko, a 39-year-old accountant, after a residential building was struck in Kyiv overnight.
“There was horror, everything was already burning here, and a woman was screaming from the eighth floor, ‘Save the child, the child is on fire!’”
MACRON WARNS AGAINST EUROPEAN CAPITULATION
Russian Foreign Minister Sergei Lavrov said an amended peace plan must reflect the “spirit and letter” of an understanding reached between Putin and Trump at their Alaska summit.
“If the spirit and letter of Anchorage is erased in terms of the key understandings we have established then, of course, it will be a fundamentally different situation [for Russia],” Lavrov warned.
A group of countries supporting Ukraine, which is known as the coalition of the willing and includes Britain and France, was also set to hold a virtual meeting on Tuesday.
“It’s an initiative that goes in the right direction: peace. However, there are aspects of that plan that deserve to be discussed, negotiated, improved,” French President Emmanuel Macron told RTL radio regarding the US-proposed plan. “We want peace, but we don’t want a peace that would be a capitulation.”
In a separate development, Romania scrambled fighter jets to track drones that breached its territory near the border with Ukraine early on Tuesday, and one was still advancing deeper into the NATO-member country, the defense ministry said.
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Hamas Attack Victims Sue Binance for Allegedly Allowing Payments to Terror Group
A logo on the Binance exhibition space at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2022. Photo: REUTERS/Benoit Tessier
Victims of Hamas‘s Oct. 7, 2023, invasion of and massacre across southern Israel sued Binance and its founder Changpeng Zhao, accusing them of facilitating millions of dollars in payments to the Islamist group and other US-designated terrorist organizations.
According to a complaint made public on Monday, the world’s largest cryptocurrency exchange laundered money for Hamas even after pleading guilty in November 2023 and paying a $4.32 billion criminal penalty for violating federal anti-money-laundering and sanctions laws.
The plaintiffs include 306 American victims of Hamas‘s attack, including relatives of people killed, injured or taken hostage, and subsequent attacks by various groups.
They accused Binance of knowingly enabling Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran’s Islamic Revolutionary Guard Corps to move more than $1 billion through its platform, including more than $50 million after the Oct. 7 attack.
Zhao pleaded guilty to anti-money-laundering violations in connection with Binance‘s plea and served a four-month prison sentence. US President Donald Trump pardoned him on Oct. 23.
“Binance intentionally structured itself as a refuge for illicit activity,” the complaint said. “To this day, there is no indication that Binance has meaningfully altered its core business model.”
In a statement, Binance declined to discuss the lawsuit but said “we comply fully with internationally recognized sanctions laws.” A lawyer representing Zhao in related litigation declined to comment.
The lawsuit seeks compensatory and triple damages, among other remedies.
BIG TRANSACTIONS LINKED TO BRAZILIAN LIVESTOCK OPERATOR
According to the complaint, large sums of cryptocurrency went through accounts of people with no obvious financial means to explain them.
They allegedly included a Venezuelan woman who appeared to operate a Brazilian livestock-related company, Fazenda Amazonia, or Amazonia Farm in English.
Her account, opened in 2022 when she was 26, allegedly received more than $177 million in deposits, and more than $130 million in withdrawals were made, the complaint said.
“When a company chooses profit over even the most basic counterterrorism obligations, it must be held accountable – and it will be,” Lee Wolosky, a lawyer for the plaintiffs, said in a statement.
The complaint was filed in North Dakota federal court. It said at least two suspicious transactions went through online addresses in Kindred, North Dakota, which has about 1,000 people.
Binance and Zhao are separately defending against a lawsuit by other attack victims in Manhattan federal court. The lawsuit claims they provided a “clandestine” funding mechanism for Hamas and Palestinian Islamic Jihad to raise money and transact illegal business for several years.
A judge rejected the defendants’ motion to dismiss that case in February.