CBI: Businesses set to accelerate no-deal Brexit planning after parliament vote

first_img Share whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comWhy people are finding dryer sheets in their mailboxesnypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com “Government and parliament are still going round in circles when businesses and the public urgently need answers.”Read more: City seeks powers to limit no-deal Brexit impactHe added: “The real-world result of Westminster’s interminable wrangling is market uncertainty, stockpiling, and the diversion of staff, money and investment.“For every big-ticket business announcing high-profile Brexit-related decisions, there are many more quietly making the changes they need in order to safeguard their operations in the event of a disorderly Brexit. The net result of this displacement activity and uncertainty is slow but very real damage to the UK economy.” Wednesday 30 January 2019 9:22 am whatsapp British firms are set to accelerate their no-deal Brexit plans as uncertainty reigns over the nature of the UK’s departure from the EU, a major business body said today.Last night’s decision to reopen negotiations with the bloc will not have reassures businesses, CBI boss Carolyn Fairbairn told BBC Radio 4’s Today programme this morning. But while May claimed the vote will help her secure the changes MPs want in order to pass her deal, the EU immediately ruled out renegotiating the deal parliament rejected in December.Fairbairn warned businesses will feel “rising frustration and concern” at yesterday’s events, adding that the vote “does nothing to take no-deal off the table and it does feel like hope rather than strategy”.“No deal is just not manageable at this stage,” she added.Other business groups expressed their fears that the latest debates have eaten into the two months left before the UK’s scheduled departure on 29 March.“Another day lost while the clock is ticking,” said Adam Marshall, director general of the British Chambers of Commerce (BCC). Read more: May calls for Brexit negotiations to reopen after parliament backs new planMPs voted on amendments that signalled they wished to avoid a no-deal scenario, but that also piled pressure on Prime Minister Theresa May to seek improved terms from EU leaders.“I don’t think there will be a single business this morning who is stopping or halting their no-deal planning as a result of what happened yesterday, and I fear they may even be accelerating it,” Fairbairn told BBC Radio.“The amendment feels like a real throw of the dice.”Parliament voted down a plan that could have delayed Brexit in yesterday’s marathon of Brexit amendment debates, and hardline Brexiters backed a proposal that asks May to seek “alternative arrangements” to her controversial Irish backstop to prevent a hard border on the island of Ireland. CBI: Businesses set to accelerate no-deal Brexit planning after parliament vote Joe Curtis Tags: Brexit People Theresa Maylast_img read more

Business blocked from immigration discussions after MAC report, Downing Street suggests

first_img Show Comments ▼ whatsapp Although Downing Street has remained tight-lipped about what it might look like, with the MAC report under lock and key, it is thought that Boris Johnson is keen to scrap the proposal of a salary threshold of £30,000 that was originally touted under Theresa May.  whatsapp Instead, ministers will rely on a long-awaited report from the independent Migration Advisory Committee (MAC) which will be unveiled in Westminster this morning. It is understood that the immigration bill will be brought forward in March. The government has signalled there will be no more formal consultation with business groups on immigration policy as it begins drawing up a new system for the post-Brexit regime.   “We are always in discussion with business,” he said. “But we commissioned the MAC work, that has taken a bit of time, and once it has been reported we will look at their proposals and bring forward our immigration bill.”  Share Last week more than 30 UK trade bodies, including the Confederation of British Industry and British Chamber of Commerce, wrote an open letter to Number 10 offering help in designing the new immigration system.  However there is no suggestion that there may be a u-turn over seasonal or low-skilled workers, which the service industry relies on. But Downing Street stressed there was no move to devolve responsibility for this matter. “Immigration is a policy for the UK government,” the spokesman said. “We will put in place a system that works for the UK as a whole”.  Tuesday 28 January 2020 12:08 am The Australian-based points system that the government will adopt will ensure “the brightest and best come to work in the UK”, while bringing overall immigration numbers down, he added.  “Insight from enterprise can help build a points-based model that provides greater control, whilst providing access to the labour and skills needed to support the economy,” the letter said. “This can go hand in hand with a continued determination to invest in training home grown talent.” The proposed net migration target, which May had insisted remain in the face of widespread criticism, is also expected to be shelved.  Business blocked from immigration discussions after MAC report, Downing Street suggests Four-in-ten people think that good spoken and written English, a clean criminal record and an existing job offer should all attract high points too. Only 20 per cent of people said the salary threshold was a priority.center_img “The letter could not have been worded in a kinder way to say we know freedom of movement is moving, that immigration is complex and here is a suggestion about how you put in a system that does both things: meets public concerns about migrants and helps keep our economy open,” said one industry insider. “The idea that we are campaigning to keep freedom of movement is absolute bollocks.” The MAC report will set the tone for the UK’s new immigration system (AFP via Getty Images) It comes as new polling suggests the majority of people back a system which priorities people with high skills – alongside skills needed by the NHS.  Catherine Neilan However, City AM understands the only response so far has been a “non-committal” thanks, while pro-Leave government sources have been briefing against perceived attempts from the community to keep freedom of movement after Brexit.   “Migration is an issue which is crucial for our future, but the Scottish Government doesn’t currently have the powers needed to deliver tailored immigration policies for Scotland. The First Minister said: “The latest proposals from the UK Government to control immigration and end freedom of movement would be disastrous for our economy and society and would risk acute labour shortages. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBePost FunRare Photos Show Us Who Meghan Markle Really IsPost FunDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest WowMisterStoryWoman files for divorce after seeing this photoMisterStoryNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic Mirror “Devolving immigration powers by introducing a Scottish Visa would allow Scotland to attract and retain people with the skills and attributes we need for our communities and economy to flourish.” In an apparent policy land-grab, Nicola Sturgeon yesterday unveiled plans for a “Scottish visa”, which would sit on top of the existing UK immigration routes, enabling migrants to live in Scotland and hold a Scottish tax code. But asked by City A.M. if business would be consulted ahead of publication of the immigration bill, the spokesman stressed that government would be heavily leaning on the recommendations of the MAC’s “expert panel”.  The poll, carried out by ICM for the think tank British Future, found that 63 per cent wanted to support highly skilled workers, while 61 per cent thought medical staff should get a points-boost.  “There was a very clear message from both the 2016 referendum and the General Election of 2019 that people want low skilled immigration bringing down, and the government is committed to achieving that.” Tags: UK immigrationlast_img read more

With 50-plus ringed seal sightings, Unalaskans start tracking the unexpected species

first_imgAleutians | Oceans | WildlifeWith 50-plus ringed seal sightings, Unalaskans start tracking the unexpected speciesMay 3, 2018 by Laura Kraegel, KUCB-Unalaska Share:The first ringed seal was spotted last February near Kloosterboer at the Port of Dutch Harbor. (Photo courtesy Melissa Good/Alaska Sea Grant)Unalaskans are used to spotting marine mammals around the island.But lately, they’re not just seeing whales or otters.Ringed seals — an Arctic species that typically lives far north of the ice-free Aleutian Islands — are showing up.Now, scientists are monitoring the unusual visitors to find out why they’re near Unalaska.Audio Playerhttps://cpa.ds.npr.org/kucb2/audio/2018/05/03RINGED_WEB.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.When the first ringed seal popped up last winter, it seemed like a fluke.But another appeared early this spring. And then, the number skyrocketed.“Since we started tracking them in March, we have more than 50 reports,” said Melissa Good, Unalaska’s Sea Grant agent.Good has been following the seal surge by fielding phone calls from community members and taking drives around the island.“We first started seeing a couple, and it’s like, ‘That’s kind of weird, but OK,’” she said. “But when we started seeing 10 at a time, on one go-around, that was weird. That’s unusual.”Ringed seals are ice seals that like to hunt in Arctic waters and haul out on sea ice.Why are so many of them down in temperate ice-free Unalaska, lounging on docks and molting on breakwaters?“One of my theories is that they’re looking for habitat,” Good said.This winter, the Arctic ice pack was the second lowest on record, leaving seals with fewer places to rest, eat and have their pups.That may have driven them to seek out new areas beyond their normal range, Good said.“There’s plenty of food here, as long as they can adapt to a different hunting strategy,” she said. “They’re used to hunting under the ice and using that ice platform. They obviously don’t have that here, but maybe the breakwaters are serving that (purpose). Or they’re learning to hunt in these rocky reef areas.”Good isn’t concerned about the sudden swell of ringed seals, for now, but she is curious.“Are they going to stay here? How are they doing in general? The ones we’ve been seeing so far — I would say most of them are healthy individuals,” she said.But Good has found two dead with high parasite counts, and others have patchy coats.Good is asking Unalaskans to help keep an eye on the seals. She’s tracking sightings and collecting photographs in an effort to compile better data on their health and movements.She’ll start a deeper analysis of their behavior with more information.Share this story:last_img read more

Biotech helps Dow leap more than 120 points – New York Report

first_img Express KCS Wednesday 7 October 2015 8:53 pm whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBallArticles SkillHusband Leaves Wife For Her Sister, Not Knowing She Won The Lottery Just Moments BeforeArticles SkillLearn It WiseAfter Losing 70lbs Susan Boyle Is So Skinny Now She Looks Like A ModelLearn It WiseDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinition Arebound in biotechnology companies yesterday pushed the S&P 500 to its highest level in three weeks as US stocks ended higher after a volatile session.The Dow Jones industrial average rose 121.96 points, or 0.73 per cent, to 16,912.15, the S&P 500 gained 15.9 points, or 0.8 per cent, to 1,995.82 and the Nasdaq Composite added 42.79 points, or 0.9 per cent, to 4,791.15.The Nasdaq Biotech Index rose two per cent after falling 3.8 per cent in the previous session.The rises on the Dow was driven in part by drug maker Merck & Co, which added 2.3 per cent. Regeneron Pharmaceuticals and Amgen were both up more than four per cent. Express Scripts said it reached deals to cover two costly new cholesterol drugs produced by the two companies. “On days where investors are looking for fallen angels, healthcare helps fill that equation today,” said Art Hogan, chief market strategist at Wunderlich Securities in New York. “What was a drag over past few days is now the leader.”Twitter jumped eight per cent after Saudi Arabian billionaire Prince Alwaleed bin Talal and his investment firm raised their stake to more than five per cent.Gains in US indexes, suggest that the worst might be over for commodity prices hit by concerns about China’s economy, said Warren West, principal at Greentree Brokerage Services in Philadelphia. “We’re not so worried about commodities, we think they’re finding a bottom here,” West said.YUM Brands plunged 18.8 per cent after reporting earnings that missed expectations. The fast food company also disappointed in its key China division with much weaker-than-expected growth in same-store sales. whatsapp Show Comments ▼ Biotech helps Dow leap more than 120 points – New York Report Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapWatch President Biden Do Battle With a Cicada: ‘It Got Me’ (Video)The WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wraplast_img read more

Acadia Pharma raised the price of its only drug twice but quarterly sales still disappoint

first_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. @adamfeuerstein Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED GET STARTED STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Acadia Pharmaceuticals (ACAD) either didn’t receive — or is ignoring — the Big Pharma etiquette memo about easing back on egregious drug-price hikes.During the fourth quarter, the San Diego-based company acknowledged Tuesday night, it took two price increases for Nuplazid, a pill used to quell hallucinations and delusions often experienced by people with advanced Parkinson’s disease. About the Author Reprints Log In | Learn More What’s included? What is it? Acadia Pharma raised the price of its only drug twice but quarterly sales still disappoint [email protected] Tags biotechdrug pricesSTAT+ By Adam Feuerstein Feb. 28, 2018 Reprints Senior Writer, Biotech Adam is STAT’s national biotech columnist, reporting on the intersection of biotech and Wall Street. He’s also a co-host of “The Readout LOUD” podcast. Adam’s Take Adam Feuersteinlast_img read more

N. Hamgyong Province women ordered to collect chickens

first_img News News North Korea hikes “party contributions” Russia-based workers must pay by 30-55% Members of the Socialist Women’s Union of Korea (SWUK) in North Hamgyong Province were recently ordered to cook chicken soup with ginseng (samgyetang) dishes with 200 chickens they had collected and send the dishes to locally deployed “capital party member divisions.”These divisions were recently deployed throughout the country to help repair roads and houses damaged by typhoons.A source in the province told Daily NK earlier today that the order, which came from the province’s party chairman, was handed down on Sept. 21 and came on the heels of a directive by North Korea’s central authorities to “support” capital party member divisions throughout the country.Specifically, the ordered directed provincial, municipal and county SWUK organizations to gather around 200 “black chickens” weighing “more than 1.8 kilograms” for the soup dishes, the source, who spoke on condition of anonymity, told Daily NK.Some SWUK members privately criticized the provincial party for the “ridiculous” specificity of the order, the source said.According to the source, SWUK organizations in the province generally found it difficult in to acquire chickens 1.8 kilograms or larger, and they found it close to impossible to gather black chickens.Some SWUK organizations that failed to gather black chickens ended up just gathering white chickens that met the weight specifications, the source said.Please direct any comments or questions about this article to [email protected] in Korean AvatarKim Yoo JinKim Yoo Jin is one of Daily NK’s freelance journalists. Please direct any questions about his articles to [email protected] RELATED ARTICLESMORE FROM AUTHOR Hamhung man arrested for corruption while working at a state-run department store center_img TAGSnorth hamgyong provincechickens SHARE Facebook Twitter North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) News last_img read more

US-Based Jamaicans Urged to Support National Disaster Recovery Fund

first_imgRelatedUS-Based Jamaicans Urged to Support National Disaster Recovery Fund RelatedUS-Based Jamaicans Urged to Support National Disaster Recovery Fund US-Based Jamaicans Urged to Support National Disaster Recovery Fund UncategorizedSeptember 12, 2008 FacebookTwitterWhatsAppEmail Jamaica’s Ambassador to the United States, Anthony Johnson, has appealed to Jamaicans residing in that country, to support Jamaica’s National Disaster Recovery Fund, which was established by the Government, to assist in resuscitating the country’s infrastructure, which sustained significant damage during the passage of Tropical Storm Gustav.Addressing hundreds of Jamaicans and other patrons, who attended the inaugural staging of Reggae Summer Fest on September 7, at the RFK Stadium in Washington, D.C., Ambassador Johnson said, “I am appealing to you all, to assist Jamaica in its recovery process, by contributing, financially, to the National Disaster Recovery Fund (NDRF). I am sure that many of you here have relatives back in Jamaica, who were affected by the tropical storm, and who are in need of your help at this time.”Ambassador Johnson told the gathering that the Fund was launched with a donation of $20 million by Supreme Ventures Limited, in collaboration with the Jamaican Government. Also, that Jamaica National Building Society (JNBS), through its remittance arm, JN Money Transfer Service, as well as GraceKennedy Remittance Service, have agreed to open direct accounts to facilitate Jamaicans in the Diaspora contributing to the Fund. The accounts opened are: the Hurricane Relief United Jamaica account for GraceKennedy, and JN Recovery Fund account for JNBS.Ambassador Johnson, who expressed regret at the loss of lives and damage to properties, said, “the funds will help to meet the costs of emergency works and relief measures that are being carried out, with emphasis on schools and hospitals.”Managing Director of National Alliance Foundation, promoter of Reggae Summer Fest, Lillian Lodenquai, said part proceeds from the show will be donated to the National Disaster Recovery Fund, and the Cancer Society of Jamaica. The eight-hour reggae show featured international artistes such as: Beres Hammond, Kymani Marley, I-Wayne, and Etana.center_img RelatedUS-Based Jamaicans Urged to Support National Disaster Recovery Fund Advertisementslast_img read more

Parishes Urged to Set up Sustainable Development Plans

first_imgAdvertisements Parishes Urged to Set up Sustainable Development Plans UncategorizedSeptember 26, 2008 RelatedParishes Urged to Set up Sustainable Development Plans RelatedParishes Urged to Set up Sustainable Development Planscenter_img RelatedParishes Urged to Set up Sustainable Development Plans FacebookTwitterWhatsAppEmail Co-ordinator of the Institute for Sustainable Development at the University of the West Indies(UWI), Franklin McDonald, has said there is a need for more parishes to develop plans, in order to achieve sustainable prosperity.He was speaking at the St. Thomas Environmental Protection Association Benevolent Society’s (STEPA) 2nd Wetlands and Coastal Areas Stakeholders Conference, held yesterday (Sept. 24), at the Anglican Church Hall in Morant Bay, St Thomas, under the theme, ‘The Man, the Land and the Plan.’“I want to urge that more of the parishes look at how these plans have been developed, how they deal with important issues such as public safety, where it is safe to build and not to build, important issues of livelihood, what type of crops are going to be more successful and how they can be done,” Mr. McDonald said. He stated that the parish of Manchester had completed its sustainable plan, while an effort to develop a plan for Portland was abandoned due to several challenges.Mr. McDonald said the parish plan should include the stewardship, hazards and care of natural resources. It should also include community members who will work together in protecting the resources, he said.According to Mr. McDonald, environmental protection should not be seen as a separate component from the development of the parish, but an “important component to build a resilient set of parish activities.” He added that a combination of livelihood and protection of the environment should be included in the plan with the aim of achieving sustained prosperity.“St. Thomas people are resilient. There is a lot of experience here and we need to make sure that the development model that we try here is based on that experience that is built around sustainability core and that it takes into account all of the good that we have information on,” he added.Mr. McDonald said that there were some coastal livelihoods that could be explored and marketed by the parish.Referring to oyster cultivation, an agricultural experiment, which had started some years ago in the Bowden /Port Morant area in the parish, Mr. McDonald pointed out that employment could be generated from the sea. Additionally, he revealed that fishermen in the Bull Bay community were once trained in the collection of Irish moss.“Those are important starting points to see how alternate livelihood could be generated from the sea.we need to find things which are particularly Jamaican and things which we can market through the niches we can take advantage of,” he added.last_img read more

Cartoonist must be released on medical grounds, urge rights experts

first_imgCartoonist must be released on medical grounds, urge rights experts The United NationsAn ailing Bangladeshi cartoonist who has been detained for allegedly spreading fake news about the country’s response to COVID-19, should be released immediately, UN-appointed independent rights experts said on Wednesday.“Criticism of Government policy, including through political satire and cartoons, is permitted under the rights to freedom of expression and cultural rights, and should not be criminalised,” the three Special Rapporteurs said in a statement.In their appeal, the three UN Special Rapporteurs said that Ahmed Kabir Kishore – who needs insulin to treat diabetes – should be released immediately, as his health is worsening.‘Digital security’ charges Mr. Kishore was arrested in May after his cartoons were posted online in March and April. He was charged under the 2018 Digital Security Act for spreading false news and misinformation on the country’s COVID-19 response.In court hearings held virtually, Mr. Kishore’s bail applications have been denied five times, and no trial date has been set, said Karima Bennoune (Special Rapporteur in the field of cultural rights), Irene Khan (Special Rapporteur on the right to freedom of opinion and expression) and Tlaleng Mofokeng (Special Rapporteur on the right of everyone to the enjoyment of the highest attainable standard of physical and mental health).They said that the authorities had released thousands of individuals to reduce the risk of COVID-19 transmission in prisons, and that there was “no legitimate reason to refuse Mr. Kishore’s request for bail”.In addition to requesting the immediate release of Mr. Kishore, the experts called on the authorities to drop the criminal charges against him, as per Bangladesh’s international human rights law obligations.Dissent ‘more vital than ever’ “During the pandemic, it is more vital than ever to respect the rights of artists such as Ahmed Kabir Kishore to express dissenting views”, said the experts. “Not only are these rights internationally guaranteed, they play a vital role in promoting critical policy discussions. Silencing their voices harms their human rights – and also puts everyone at greater risk.”Special Rapporteurs and Independent Experts belong to the Special Procedures wing of the Human Rights Council in Geneva, which itself reports to the UN General Assembly in New York.Experts involved in “Special Procedures” are independent of the UN and do not receive a salary for their work. They carry out fact-finding missions in the name of the Human Rights Council and participate in monitoring mechanisms that address either specific country situations or thematic issues in all parts of the world. /UN News Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Assembly, Bangladesh, council, covid-19, Criminal, diabetes, digital, fake news, Government, Government policy, Human Rights, mental, mental health, New York, salary, security, UNlast_img read more

Canada launches Sustainable Finance Action Council

first_imgCanada launches Sustainable Finance Action Council From: Department of Finance CanadaToday, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, and the Minister of Environment and Climate Change, the Honourable Jonathan Wilkinson, launched the Sustainable Finance Action Council.Around the world, investors and governments recognize that key to a sustainable economic future are sustainable financial investments. Sustainable finance is about incorporating environmental, social and governance factors into investment decisions and is a fast-growing market that is gaining speed as more and more businesses address climate change and transition to a low-carbon economy and seize the economic opportunities it presents.Today, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, and the Minister of Environment and Climate Change, the Honourable Jonathan Wilkinson, launched the Sustainable Finance Action Council.The council will bring together public and private sector financial expertise to support the growth of a strong, well-functioning, sustainable finance market. Financial sector leaders will provide input on the foundational market infrastructure needed for a stable and reliable sustainable finance market in Canada that will boost investor confidence and drive economic growth. Mobilizing capital is a critical part of Canada’s work to meet its 2030 Paris target, achieve net-zero emissions by 2050, and ensure that Canada continues to have a prosperous economy.Kathy Bardswick is today named as the inaugural Chair of Canada’s Sustainable Finance Action Council and will invite a regionally diverse group of leading financial sector organizations to participate as members of the council. Participants will include a broad representation of Canadian banks, insurance companies and pension funds. A public sector coordinating group will play a role in observing council meetings and advising the chair. The first meeting is expected to take place in early June, at which point confirmed participants will be announced. Other organizations and individuals from academia, think tanks and industry groups with expertise in sustainable finance will be engaged for their advice and input.The Government of Canada also recognizes that sustainable finance incorporates representative decision-making. The work of the council will also therefore include a focus on gender and diversity reporting across the public and private sector.Establishing a well-functioning sustainable finance market will give investors confidence in Canada, protect the resilience of the Canadian financial sector in the years ahead, and ensure Canada’s broader long-term economic strength.Quotes“The global economy is turning swiftly, decisively, and irreversibly green. It is essential for the prosperity of the next generation of Canadians – and indeed, for those of us working today – for Canada to be at the forefront of this great transformation. Our government knows that the only choice for Canada is to be in the vanguard – and prioritizing sustainable finance is central to this objective. We want to ensure Canada is the best place to invest and to secure the long-term growth of our economy. I am grateful that Kathy Bardswick has agreed to lead the Sustainable Finance Action Council and bring leading financial sector organizations together to make sustainable finance standard industry practice in Canada.”The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance“As financial systems around the world are increasingly looking to measure, price and disclose climate risk, the Sustainable Finance Action Council will help ensure Canada stays ahead of the curve. There is no question that climate change presents unprecedented risks and economic opportunities. The sooner we understand and disclose them, the more effectively we can address and seize them. Taken with other measures our government has announced, these measures will help accelerate the flow of capital to investments needed for a sustainable economy. This is what global investors are looking for, what Canadians expect, and what will set our businesses up for success in the 21st century.”The Honourable Jonathan Wilkinson, Minister of Environment and Climate ChangeQuick factsIn the July 2020 Economic and Fiscal Snapshot, the Government of Canada announced funding of $7.3 million over three years for the Sustainable Finance Action Council.The council’s early emphasis will be on enhancing climate-related financial disclosures in Canada’s private and public sector, aligned with the recommendations of the Task Force on Climate-related Financial Disclosures. The council will also prioritize gender and diversity reporting.The council’s principal mandate is to make recommendations on critical market infrastructure needed to attract and scale sustainable finance in Canada, including: enhanced assessment and disclosure of climate risks and opportunities; better access to climate data and analytics; and common standards for sustainable and low-carbon investments. These areas respond to the recommendations of the Expert Panel on Sustainable Finance.The council will work in close collaboration with Canada’s new and independent Net-Zero Advisory Body to ensure climate considerations are reflected in public and private financial decision-making.Budget 2021 announced that Crown corporations with assets over $1 billion would begin annual climate-related financial disclosure starting in 2022, with smaller Crown corporations following by 2024. The Canadian Net-Zero Emissions Accountability Act also proposes to legislate this for Crown corporations.The Canadian Net-Zero Emissions Accountability Act will require the Minister of Finance, in cooperation with the Minister of Environment and Climate Change, to publish an annual report on action the federal government has taken to manage the financial risks and opportunities related to climate change.From 2015 to 2019, the federal government has invested $60 billion towards climate action. Since October 2020, the federal government has committed an additional $53.6 billion towards a green recovery that will build a clean economy, fight and protect against climate change, and create good middle-class jobs.On April 22, 2021, the Government of Canada announced a new climate target of reducing Canada’s emissions by 40 to 45 per cent below 2005 levels, by 2030, exceeding and replacing Canada’s previous target under the Paris Agreement of 30 per cent.In February 2021’s Roadmap for a Renewed U.S.-Canada Partnership, Prime Minister Trudeau and President Biden agreed to work with Canadian and American public and private financial institutions to advance the adoption of climate-related financial risk disclosure and align financial flows with climate goals, including the achievement of a prosperous net-zero emissions economy.In December 2020, the Government of Canada released its strengthened climate plan, which includes a proposal to continue to put a price on pollution post-2022 through to 2030 in a manner that is predictable for investors and affordable for households. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. 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