Tag: corporations
Democrats seek progressive overhaul of the U.S. financial system
Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…
Ethical minefields: the dirty business of doing deals with Myanmar’s military
Myanmar’s transition from five decades of military rule is a work in progress. Despite the junta’s formal dissolution in 2010, the release of political prisoners including opposition leader Aung San Suu Kyi, and democratic reforms allowing National League Democracy to…
GOP Sen. Josh Hawley says he will object to Electoral College certification of Biden’s win
Sen. Josh Hawley (R-Mo.) said in a statement Wednesday that he will object to the certification of President-elect Joe Biden’s Electoral College victory during the joint session of Congress on Jan. 6, alleging that some states failed to follow their…
The Paris Agreement 5 years on: big coal exporters like Australia face a reckoning
On Saturday, more than 70 global leaders came together at the UN’s Climate Ambition Summit, marking the fifth anniversary of the Paris Agreement. Prime Minister Scott Morrison was denied a speaking slot, in recognition of Australia’s failure to set meaningful…
Australia’s credit rating is irrelevant. Ignore it
Australia guards its AAA credit rating with care. Successive governments from both sides of politics have framed federal budgets with one eye on the economy and the other on what ratings agencies such as Standard and Poor’s will do. Just…
COVID-19 recovery is an opportunity to tackle worsening climate crisis: New report
We are at a moment of overlapping planetary health emergencies: COVID-19 and climate change. Both have their origins at the intersection of humanity and the rest of the natural world, both exacerbate pre-existing health inequities and both have the ability…
A better way for billionaires who want to make massive donations to benefit society
Jeff Bezos, the world’s wealthiest person, announced on Instagram in November 2020 that he was giving 16 organizations a total of about US$800 million for a wide array of climate-protecting work. This money will help pay to restore and protect…
Why the Stock Market is at an All Time High… Again?!
Join the Trends Community today. Get your first two weeks for just ONE dollar!👉 https://trends.co/ee to get started. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ In the fallout of one of the most volatile American elections ever financial markets did something very strange, they rose, and…
New data privacy rules are coming in NZ — businesses and other organisations will have to lift their games
Most people these days are aware that what they share online is both valuable and vulnerable. Data privacy has become a major concern for consumers and corporations alike. The issue will come to a head when New Zealand’s Privacy Act…
Why zero interest rates are here to stay
It’d be wrong to interpret last week’s Reserve Bank decision to cut its cash rate to 0.10% as an emergency response to the COVID crisis. The implication would be that once the pandemic is controlled the economy will return to…
Saving for retirement gives you power, and ethical responsibilities
If you’re in a super fund, then, like it or not, you’ve got ethical decisions to make. More than 10 million Australians have a superannuation account. Which means, effectively, more than 10 million of us are mini-shareholders with the capacity…
A rushed move to virtual AGMs would disempower shareholders
Treasurer Josh Frydenberg appears to have backed down. An extraordinarily rushed timetable that would have allowed investors and others just 12 days to comment on draft legislation permitting companies to hold virtual rather than face-to-face annual general meetings has been…
