Investors pressuring Japan’s Mizuho Financial Group to stop financing coal projects FacebookTwitterLinkedInEmailPrint分享Reuters:Investors with nearly $200 billion in assets holding shares in Japan’s Mizuho Financial Group say they plan to back a shareholder motion urging the bank to cut its lending for coal and other fossil fuels, they told Reuters on Friday.In an unusual showing of hands weeks before Mizuho’s annual general meeting in June, Norway’s largest pension fund and life insurance company, Kommunal Landspensjonskasse, Storebrand ASA and Denmark’s MP Pension said they would support Japan’s first climate change resolution.It marks the first time a Japanese publicly traded company has faced a shareholder climate change resolution.While they represent only a fraction of shareholding rights, their support for the resolution brought by Kiko Network, an activist group and shareholder in the bank, the investors’ support adds to the pressure on the bank, which has already tightened its lending policies but critics say more is needed.“As we await new strict coal and fossil fuel policies from Mizuho, we will without a doubt support the new climate change-based shareholder resolution…at this year’s annual general meeting,” said Jeanett Bergan, head of Responsible Investment at KLP, which has more than $80 billion of assets under management.The resolution sent to Mizuho management last month calls on the bank to outline a plan and set targets so that its business practices are more in line with the Paris Agreement, the global pact to fight climate change. Similar shareholder resolutions have succeeded in getting banks to stop financing coal and other fossil fuels. Policymakers and regulators are also pressuring financial firms to do more to accelerate the move to a low-carbon economy.[Aaron Sheldrick]More: Investors line up against Mizuho support for coal
As with every event we attend, we will be repping our sponsors and their awesome gear! You can check out first hand what we use on the road to live outside and play, including gear from La Sportiva, Crazy Creek, National Geographic, RovR Products, Sea to Summit, Mountain House, LifeStraw, and Lowe Alpine. Nothing brings humans together like the great outdoors. This past weekend was our first time in Roanoke, Va. and our first time at the Roanoke Go Outside Festival (GO Fest). We rode our bikes, saw old friends, made new friends, ate plenty of tasty food, and soaked up everything that Roanoke and GO Fest have to offer. Long story short – We’ll be back.On Thursday we teamed up with Roanoke Mountain Adventures for a group mountain bike ride up to the top of Mill Mountain right in the heart of Roanoke. It was a rainy evening, but nobody seemed to notice. With the days getting shorter we were guided on a quick ten mile ride up to “The Star” and back to the RMA shop for a beer. HUGE thanks to RMA for showing us around and helping us out with some new decorations for our bikes. If you are in the Roanoke area make sure you visit their shop for guided trips, rentals and more.With 30,000 attendees and over 125 activities, GO Fest has been growing every year since it’s inception in 2011, and it’s easy to see why. There’s literally something for everyone. Bike demos from some of the best in the business? Yep. Free shuttles to the top of Mill Mountain? You know it. Lumber Jack Competitions? Absolutely. GO Fest not only celebrates the outdoor lifestyle but it encourages the crowd to get involved. Whether that means trying out a SUP for your first time, enjoying the children’s superhero race, tasting a beer from the local homebrew club, taking part in a fly fishing demo, or climbing the rock walls, the idea is to get out, be active, and have fun.Once the sun goes down at GO fest, the family-friendly festival starts to take on a different feel. The bands start jamming, the beer flows like wine, and the line for the silent disco starts to build. Suddenly you start to feel like you’ve stepped into a full-blown music festival. The festival offers onsite camping so people can get their groove on and not have to worry out venturing too far at the end of the night.With the central location of the festival, right off of the greenway, GO Fest also makes it easy to bike in and see the town. We made a habit of getting out before the festival started for the day, exploring a little bit, and grabbing some morning fuel.Even though GO Fest is one of the larger events that we attend in the fall, it still felt like a small community. Everyone seemed to know everyone. We got to hang out with all of our old vendor friends and we were happy to make some new ones as well. One of our favorite things about working festivals is making new friends with our neighbors. Big shoutout to crew under the Adidas tent who spent the weekend taking donations for the Access Fund and tolerating Roxy’s aggressive use of our megaphone during our daily raffles.We’ve said it before but one of our favorite parts of the job is getting to make new friends all across the country. When we started in the spring we couldn’t help but feel a little lonely out here thousands of miles away from home. Now, not a day goes by where we don’t run into one of our new friends. Up next we’re back in Fayetteville, West Virgina for Bridge Day. It’s our final festival of the year so if you are in the area stop by our booth on the bridge and say hey. We’d love to meet you!
By Dialogo April 19, 2011 The Brazilian Air Force (FAB) has signed a letter of intent for the purchase of four SABER M-60 radars developed by Orbisat. The agreement was concluded during LAAD 2011, in Rio de Janeiro, between the firm’s managers and Brazilian AIr Force Aviation Commander, Gen. Juniti Saito. The SABER M-60s are portable radars that integrate low-altitude surveillance and search. The FAB will use them as part of the equipment of the Canoas and Manaus airbases, with their primary application being in the anti-aircraft artillery area of SISDABRA (the Brazilian Aerospace Defense System). According to Orbisat’s technical director, João Moreira Neto, the Airspace Control Department has been evaluating the SABER M-60 since 2010. This year, the Brazilian Air Force General Staff granted its approval, considering that the equipment meets the force’s operational requirements. Recently, the SABER M-60 was certified by the Brazilian Army, in a document guaranteeing that the equipment meets the required military, environmental, and electromagnetic-interference standards. The SABER M-60 radars use the Asterix communication protocol and can be linked directly to the SISDABRA network and integrated with other FAB surveillance radars. The next steps after the signing of this letter of intent will be developing the details of the technical and business proposal and negotiating a contract to be signed this year. Orbisat is part of Embraer Defense and Security, which purchased 64.7% of its shares in March 2011, and is the part of that aerospace company that is dedicated to the development and manufacture of monitoring and defense systems around the world.
Shining Part targets indigenous group During two separate rescue operations carried out in the Junín region of the San Martín de Pangoa province in late July, Troops and police officers raided camps where the Shining Path held women and children they had kidnapped from the towns of Puerto Ocopa, Shima, and Santaro. Some of the women had been raped since they were as young as 12, with those impregnated having babies who grew up in the terrorist camp, Defense Vice Minister Iván Vega Loncharich said. “Some young men as young as 12 and 13 years old have been kidnapped by Comrade José to join the ranks of the Shining Path,” said Peru’s Counter-Terrorism Directorate head General José Baella, referring to the alias used by a Shining Path operative. “This criminal will be indicted by the authorities for human trafficking.” Security forces battle the Shining Path The organization launched an armed insurgency in Peru in 1980, attacking government forces and civilians with the goal of replacing the country’s democracy. In 1992, the government scored an important victory against it when National Police captured the Shining Path’s leader, Abimael Guzmán Reynoso. Since that capture, the Armed Forces and the National Police have continued to subdue the terrorist group, arresting or killing leaders and dismantling Shining Path groups in different parts of the country. “One woman told us she has been captive for 30 years,” Gen. Baella said. With the rescue of the 54 people, security forces have freed 70 people from Shining Path camps since January 1. By Dialogo September 08, 2015 Most of the victims rescued by the Armed Forces and the National Police in late July are members of the Asháninka indigenous group. Peru’s Armed Forces and National Police agents have rescued 54 people, including 34 children, from “production camps” controlled by the Shining Path terrorist group in the Apurimac, Ene, and Mantaro Rivers Valley (VRAEM) region. During the South American Defense Conference held in Asunción, Paraguay from August 18-21, Admiral Jorge Moscoso Flores, Chief of the Joint Staff of the Peruvian Armed Forces, told Diálogo that “Shining Path is not a threat to the Peruvian state, because its remains are significantly reduced. They are a criminal gang that utilizes their ideology to relate to the community. They oppress them and exploit them for their own benefit … we [the Military] have to be smart in moving forward to suffocate them, to further diminish them so the population continues to reject them.” The organization kidnaps many of its victims in the VRAEM because that’s where it operates much of its drug enterprise; in fact, the area contains the largest illegal coca crops and laboratories for the production of coca base and cocaine hydrochloride in the world, according to the United Nations (UN). There, the Shining Path and other drug-trafficking organizations produce more than 200 tons of cocaine annually. Though the Shining Path has a fraction of the strength it once had, security forces are remaining vigilant. As a consequence of successful operations by the Army and other security forces, the Shining Path has been greatly weakened. “The Shining Path is forcing people in the area to perform work not specific to these communities. These people living in the forest are engaged in agriculture. [The Shining Path] forces them [indigenous captives] to develop planting activities and transfer illegal products, which violate human rights and freedom of choice…[Its] main objective is drug trafficking; its ideology is only symbolism without any meaning or significance. We are simply facing illegal and illicit drug supplies and foreign trade activities.” The Shining Path forcibly recruits those from native communities to support the terrorist group’s criminal enterprises — such as cultivating and processing illegal coca crops and transporting cocaine — explained Jaime Raúl Castro Contreras, a researcher and security analyst at the University of San Martín de Porres in Lima. “The Army will continue to fight Shining Path with all its means,” Castro Contreras stated. “The Army will also seek to change its strategy according to its own circumstances. They understand that they can’t act with rigid strategies. It is not the same to move in the urban area than in the middle of the jungle, rivers, and mountains where the environment is hostile.” Though the oldest of the 34 rescued children is 14, victims of all ages were forced to work on Shining Path farms and prepare food for the terrorists. Some were indoctrinated into the group’s ideology, and others were forced to become operatives; some victims had been held for decades.
Brands are not just brochures and logos. They are feelings. They connect with consumers on an emotional level. Those emotions are very much tied to and often triggered by our senses – sight, smell, sound, taste and touch.Think about one of your favorite memories. Is there a certain scent or sound you associate with it? Does that memory pop up when you taste a certain food or see something special like a painting? Those are the same kind of sensory experiences you want consumers to have when they experience your brand.That’s not always easy in financial services, because we are not selling tangible goods. But there are other ways to tap into those senses. Umpqua Bank allows some of its business partners to display their goods in its branches. In San Francisco, one of its partners puts out chocolates. A credit union in the southern part of the country pays someone to spend 20 hours a week baking at one of its branches so consumers smell baked goods when they conduct their financial business.Our sense of smell is actually the most sensitive of the five senses, which means scent can have a powerful effect on consumer behavior. The human nose can distinguish more than 10,000 different odors, and studies have shown that 75% of emotions are triggered by smell. Scent is such a big deal in business that companies pay a lot of money for scent marketing. They brand their own scent. continue reading » 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
When you’re crushing it at work but you’re feeling unnoticed, you start to feel less attached to your job. If you don’t want your employees to leave for greener pastures, here are a few ways you can show your appreciation for the hard work they do…Say thank you: When you tell your employees that you’re thankful for the work they do, it gives them a sense of worth. Anytime you hear positive things about an employee, pass that information along. You don’t have to throw a party, but hearing that you’re doing good work feels good. It means even more when you find out it came from a coworker or a member.Put them in the right place: Each one of your employees has different motivations. By getting to know your employees on a personal level you can help them work towards their goals and dreams. Help each employee grow in a way that will give them greater value and help them chase their career dreams.Give them freedom: Employees who have shown the ability to handle responsibility should be given the opportunity to make decisions on their own. Help your employees take ownership in the company by investing in their development, so they can grow into the leaders of tomorrow. 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John Pettit John Pettit is the Managing Editor for CUInsight.com. John manages the content on the site, including current news, editorial, press releases, jobs and events. He keeps the credit union … Web: www.cuinsight.com Details
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President Joko “Jokowi” Widodo has revealed that government officials and legislators are in talks to raise Indonesia’s budget deficit cap from the current 3 percent of gross domestic product (GDP), which would allow the state to borrow more money to fund its emergency response measures to the coronavirus pandemic.The chairman of the House budget committee (Banggar), Said Abdullah, said on March 23 that the government should raise the ceiling from the current 3 percent to 5 percent.Read also: Indonesia’s budget to fight COVID-19: What we know so farAccording to multinational investment bank Morgan Stanley’s analysis, Indonesia’s budget deficit may reach between 2.7 and 3.5 percent this year, which would be the highest level in history.Meanwhile, Bahana Sekuritas economist Satria Sambijantoro said the budget deficit would eventually hover at around 3.5 to 4 percent of GDP.“Indonesia’s deficit cap of 3 percent of GDP, introduced in the aftermath of the 1997-1998 Asian financial crisis, has brought fiscal prudence and lowered the country’s credit risks,” Satria said in a research note.“Thus, we expect the waiver to be only temporary, with the deficit cap back in place after risks from the COVID-19 outbreak subside.”The government’s baseline scenario had been for Indonesia’s GDP to grow more than 4 percent this year, Finance Minister Sri Mulyani Indrawati said recently. Under the assumptions the pandemic will last for six months, that global trade will slump by 30 percent and the country goes into lockdown, economic growth could fall to between zero and 2.5 percent, she added.Under a baseline scenario, Morgan Stanley expects Indonesia’s economy to grow 3.7 percent this year. However, under a bear case scenario, Indonesia’s economic growth is tipped to drop to just 2.8 percent this year.Topics : The House of Representatives stands ready to support the government to make the necessary changes to the 2020 state budget, including raising the budget deficit cap, as the number of COVID-19 cases in Indonesia continues to rise.House Speaker Puan Maharani said COVID-19 had had a severe impact on the global economy, adding that the crisis would lead to significant changes in macroeconomic assumptions set in the 2020 state budget.“The House is ready to support mitigation measures needed by the government through the state budget and [we will support] a government regulation in lieu of law [Perppu] to improve fiscal resiliency,” said Puan during the House’s plenary meeting in Jakarta on Monday. Macroeconomic assumptions in the state budget would be changed, including the economic growth target, which will be changed from 5.3 percent to between 4 and 5.1 percent, she said. The rupiah is expected to hover around Rp 16,000 per US dollar this year from its initial projection of Rp 14,400 per US dollar, Puan added.Read also: Expand deficit to 5%, cut taxes on rich in exchange for required COVID-19 donations: House“We need fiscal intervention to strengthen spending in the state budget and government programs to anticipate the impact of the coronavirus outbreak on people’s lives and the national economy,” Puan added.The House Speaker urged the government, together with Bank Indonesia (BI) and the Financial Services Authority (OJK), to step up coordination efforts to integrate policies to support the national economy.
The court’s statement did not give details or the time of the incidents under scrutiny, but said it was told of “allegations of sexual harassment against a former justice” in 2019 and immediately ordered an independent investigation.”The findings are of extreme concern to me, my fellow justices, our chief executive and the staff of the court,” the court’s chief judge, Susan Kiefel, said in the statement.”We’re ashamed that this could have happened at the High Court of Australia,” Kiefel added.In its statement denying the accusations quoted by the Sydney Morning Herald, Speed & Stacey also said Heydon apologized for any offence caused to the women. “Any allegation of predatory behavior or breaches of the law is categorically denied by our client,” the newspaper quoted the law firm as saying.”Our client says that if any conduct of his has caused offence, that result was inadvertent and unintended, and he apologizes for any offence caused,” it added.”We have asked the High Court to convey that directly to the associate complainants.”The court also said it had apologized to the women. It did not mention taking any action against the former judge but said it had accepted six recommendations made by the inquiry, including to “make clear to associates that their duties do not extend to an obligation to attend social functions”. A former High Court of Australia judge was found to have sexually harassed six female staff, the court said on Monday, one of the country’s most powerful figures to face such recriminations amid a global reset in workplace gender relations.Dyson Heydon, who served on the country’s most powerful court from 2003 to 2013, was found to have harassed six former staff members, known as judges’ associates, the court said in a statement following an inquiry lasting several months.A law firm named in local media as acting for Heydon, Speed & Stacey Lawyers, was not immediately available for comment. The Sydney Morning Herald newspaper quoted the firm denying the allegations on Heydon’s behalf. Topics :
Aubameyang has 18 months remaining on his Arsenal deal (Picture: Getty Images)Ian Wright has urged Arsenal captain Pierre-Emerick Aubameyang to sign a new deal, with the striker’s future at the Emirates Stadium in doubt.Aubameyang is the Gunners’ top scorer this season with 17 Premier League goals, but could be at risk of leaving this summer with just 18 months left on his current deal.The 30-year-old missed a gilt-edged opportunity to score an extra-time winner against Olympiacos on Thursday night, as his side crashed out of the Europa League.After the full-time whistle, the Gabon international was on the verge of tears, prompting club legend Ian Wright to send his well-wishes.AdvertisementAdvertisementADVERTISEMENTCommenting on Aubameyang’s Instagram post, former England striker Wright said: ‘We love you!!! This club loves you. Our fans love you. Forget about last night.‘If you weren’t here with all due respect to the rest of our team we’d be in deep trouble.‘For you to score the amount of goals you are scoring whilst doing all that defending is just incredible!!!‘(Please stay and sign the ting).’ Comment Youssef El-Arabi scored Olympiacos’ late winner (Picture: Getty Images)After the game Aubameyang blamed tiredness and muscle cramps for the miss, but was overwhelmed by the positive response from fans.He wrote on Instagram: ‘I woke up this morning praying as usual and I thank God for what he gave me. An incredible family and you fans are part of it.‘Thanks for all the messages and the love I received yesterday. Football is great even if it gives you strange emotions.‘But I take it as a lesson and keep my head up, the season’s not over yet, we’ll fight as a team to the end.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalBarcelona have already stated their interest in bringing the striker to the Nou Camp in the summer.The Spanish giants failed in their attempt to recruit Aubameyang in the January transfer window, and will likely be back with an improved offer at the end of this campaign.Gunners boss Mikel Arteta admitted the club will do everything in their power to convince their ‘most important player’ to stay in north London.Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.MORE: Martin Keown gives damning assessment of Arsenal after Olympiacos defeatMORE: Martin Keown believes Mikel Arteta made obvious mistake in Arsenal’s defeat against Olympiacos Ian Wright sends message to Pierre-Emerick Aubameyang over Arsenal future Advertisement Metro Sport ReporterFriday 28 Feb 2020 10:32 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.1kShares Advertisement