What should be done to improve the lives of those with low-incomes and to reduce social inequality? Here are the main conclusions and expert’s recommendations.
What should be done to improve the lives of those with low-incomes and to reduce social inequality? Here are the main conclusions and expert’s recommendations.
INDEPENDENT JOURNALISM NEEDS INDEPENDENT FINANCING
Investigative journalism is not an expensive hobby. It is a trade: often lonely, sometimes brave, full-time job which requires both time and money. It is expensive and thus become the first victim when traditional media face crisis. But without it we cannot understand the world around us and held the powers responsible.
We do it as a non-profit organisation which raises money itself and gives investigations to traditional media and publishes them online for free access.
We as editors are the only ones who decide what we are going to investigate because we - and not the advertisers or owners - think it is important topic for the Baltic societies. Thus we can investigate social inequality, corruption, abuses of power or money laundering.
We look for grants and earn ourselves via teaching, moderating events and researching scripts for films. But it takes away time we need for doing journalism.
Therefore we need you to donate and become part of Re:Baltica's community!
Now you can also donate through Mobilly!
Sergei Magnitsky was a lawyer for Hermitage Capital (an American managed fund investing in Russia) who tried to investigate the theft of money from the fund. His colleagues at Hermitage Capital believe it possible that part of the 63 million dollars laundered through Latvian banks after being stolen from the fund could still be in Latvia.
The Latvian parliamentary committee’s findings on failures of regulating Krajbanka follow an earlier series of stories by the investigative journalism centre Re:Baltica on Antonov and the breakdown of regulation that preceded the collapse of Krajbanka and Snoras.
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