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UN Forum on Business and Human Rights, Day 3: Responsible Lobbying vs ‘Corporate Capture’
For most audience, bribery or corruption aren’t portion of your everyday knowledge — while they should really be section of because of diligence procedures on your business partners and supply chain. Nonetheless, the risk that 1 section states 1 matter and one more does something different and inconsistent is apparent in just about every company. There was a time when companies were being slowed down for wielding their ability to obstruct results at worldwide summits on social and environmental plans now, if companies never convert up in these arenas, they are castigated for absence of motivation. Having said that, 1 of the most appealing conversations at this year’s UN Forum…
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Civil rights lawyer John Burris confronts police narratives
OAKLAND, Calif. (AP) — In advance of John Burris turned the go-to attorney for Northern California households grieving a liked a person killed by law enforcement, the civil legal rights legend was a baby suspicious of the Santa Claus narrative. He did not understand why Santa was white. He was bewildered by Santa’s modus operandi — landing on rooftops to slide down chimneys to deliver offers? The Burris relatives had no chimney. “I could not settle for it,” he mentioned, “because it failed to make sense to me.” For nearly 50 yrs, the San Francisco Bay Location native has poked holes into narratives that did not include up, specifically those…
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Crypto assets need new rights in law, UK legal body says
A stock graph is witnessed with a representation of bitcoin in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic Sign-up now for Free unlimited access to Reuters.com Sign-up LONDON, July 28 (Reuters) – Britain ought to build a new class of private residence legislation for electronic assets like cryptocurrencies which are becoming used to make payments or represent other property, unbiased physique the Legislation Commission proposed on Thursday. Authorities about the earth are getting actions to control the crypto asset sector, which has grown fast and been labeled a “Wild West” by European Union lawmakers. read through far more Cryptocurrencies, these kinds of as bitcoin, surged in cost…
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Chicago violated residents’ civil rights by relocating polluting business to Latino and Black neighborhood, federal agency finds
CHICAGO — The metropolis violated the civil rights of its people by participating in a “driving role” in the proposed relocation of a scrap steel facility with a background of pollution problems from a primarily white neighborhood in Chicago’s North Facet to a mostly Latino and Black neighborhood in the Southeast Side, in accordance to the success of a two-year-very long federal investigation. In a letter obtained by NBC News outlining its findings and shipped Tuesday to Mayor Lori Lightfoot, the U.S. Office of Housing and Urban Progress mentioned it located that the town experienced a “broader plan of shifting polluting pursuits from White neighborhoods to Black and Hispanic neighborhoods,…
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Human rights and environmental due diligence are key for business
Business has a obligation to respect human rights, even when and exactly where states waver in their obligations to safeguard employees, communities and our purely natural surroundings. The European Commission’s draft of typical-environment legislation on sustainable corporate governance could be a recreation-switching minute for company accountability. The emergence of required human legal rights and environmental due diligence is a pivotal moment for firms to exhibit a determination to great company governance and a sustainable potential. As we enter yr three of the COVID-19 pandemic, and with the risk of war looming around Europe, defending individuals and the earth is not a wonderful-to-have, it is a need to. A consensus is…
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Special Opportunities Fund, Inc. Commences Rights Offering
NEW YORK–(BUSINESS WIRE)–Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) announced today that it will issue to its common stockholders of record as of December 20, 2021 one transferable right for every five shares of common stock held (rounded up for fractional rights) entitling the holders of such rights to purchase an aggregate of 2,542,593 shares of a newly issued class of Convertible Preferred Stock. The rights will expire on January 21, 2022 unless extended and will entitle the holder to purchase one share of a Convertible Preferred Stock at a price of $25.00 per share for each right held. The Fund anticipates that the rights will be listed on…