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Sweden to tighten terrorism law amid tensions with Turkey over NATO bid

February 2, 2023 by www.moneycontrol.com

Representative image (Image: AP) Sweden said on Thursday it would tighten laws covering membership of terrorist organisations months after an agreement with Turkey on fighting terrorism aimed at overcoming its objections to Swedish NATO membership. The new law, which the government hopes will come into force in June, will give authorities much wider powers to detain and prosecute individuals who support terrorist organisations, either through financing or other means. "We are talking about extremely far-reaching criminalisation," Justice Minister Gunnar Strommer told reporters. Until now it had been hard to prosecute people unless their actions could be coupled to a specific terrorist act, Strommer said. The new law would cover all forms of participation. Strommer said that the need for tighter laws had been highlighted by the attack in central Stockholm in 2017 in which a man mowed down pedestrians on a busy shopping street, killing five. Read More But he … [Read more...] about Sweden to tighten terrorism law amid tensions with Turkey over NATO bid

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Two young Thai activists in serious condition after staging hunger strike over lèse-majesté law

February 2, 2023 by thethaiger.com

Two Thai activists are reportedly in serious condition after staging a hunger strike over Thailand’s lèse-majesté law. The young women activists, 21 year old Tantawan Tuatulanon “Tawan,” and 23 year old Orawan Phupong “Bam,” were accused of insulting the monarchy after holding up a poster in a mall that allegedly defamed the monarchy. The poster’s writing asked whether people thought the royal motorcade created trouble for the country’s residents since it created road blockages and traffic jams. According to The Guardian , Tawan and Bam are on strike to demand the lese majeste law be repealed, along with other changes that include the courts allowing activists to be released on bail. Both of them started refusing water and food on Saturday, January 18, 2023 and were both hospitalised two days later. Related news Thai celebrities duped out of 20 million baht in online toy scam, 300 victims speak out 12 hours ago Thai passport … [Read more...] about Two young Thai activists in serious condition after staging hunger strike over lèse-majesté law

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Does newly surfaced video show Michelle Obama staging sit-in at Harvard Law?

March 16, 2012 by dailycaller.com

Newly surfaced footage shows a young woman who appears to be Michelle Obama, and several other students, staging a sit-in in the Harvard Law School dean’s office in 1988. According to J. Christian Adams of Pajamas Media, the video depicts the students — including the woman who appears to be Mrs. Obama — conducting a protest to “solve the minority faculty problem,” as one student puts it, by implementing race-based hiring practices. President Obama’s time at Harvard Law has received fresh scrutiny lately, including new attention on relationship with Derrick Bell, the first tenured black law professor at Harvard and the main author of the controversial “Critical Race Theory.” The White House did not immediately respond to The Daily Caller’s request for comment regarding identifying the woman who appears to be Michelle Obama. Follow Matthew on Twitter … [Read more...] about Does newly surfaced video show Michelle Obama staging sit-in at Harvard Law?

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“It’s Irresponsible To Not Think About The Way Your Business Impacts Others”

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Sydney Montgomery, the 29-year-old founder of education non-profit Barrier Breakers and ed tech company Outline It , has dedicated her career to helping students from diverse backgrounds pursue new opportunities. She’s been an entrepreneur from an early age, having taught piano to her neighbors at the age of 10 years old and later becoming a tutor. Both of Montgomery’s parents received their degrees only after joining the military. She herself was the first person in her own high school to go to Princeton, where she studied English. Later she attended Harvard Law School. In 2018, she launched S. Montgomery Admissions Consulting (now part of Barrier Breakers) with a mission to increase access to, and success in, higher education, for marginalized students. In this Q&A, Montgomery discusses purpose, social impact, and the most important leadership lessons she’s ever learned. Sally Percy: What stops … [Read more...] about “It’s Irresponsible To Not Think About The Way Your Business Impacts Others”

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Job one is getting Chinese surveillance balloon out of US airspace: Antony Blinken

February 4, 2023 by www.moneycontrol.com

Blinken reiterated that the US is confident this is a Chinese surveillance balloon. US Secretary of State Antony Blinken on Friday said the first task at their disposal is to ensure that the Chinese surveillance balloon which is hovering over its sky is out of its territory, as he defended his decision to postpone his planned trip to Beijing. "Job one is getting it out of our airspace. We continue to believe that having open lines of communication is important. Indeed, this incident only underscores the importance, and that’s why we will maintain them. That’s why, when conditions permit, I plan to go to China. But the most important thing right now is to see that this surveillance asset gets out of our airspace, and we’ll take it from there," Blinken told reporters at a news conference here. At the joint news conference with the visiting South Korean Foreign Minister Park Jin, Blinken said it was very important to emphasize that the presence of this surveillance balloon over … [Read more...] about Job one is getting Chinese surveillance balloon out of US airspace: Antony Blinken

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China’s latest IPO reform seen unlikely to flood markets with new issuance

February 3, 2023 by business.inquirer.net

SHANGHAI – China’s move this week to streamline stock market listing rules is unlikely to result in a flood of initial public offerings, bankers say, citing the prospect of state intervention on national security and other grounds that would result in delays. Beijing published draft rules on Wednesday to broaden its fledgling registration-based IPO system, expand the U.S.-style mechanism to all corners of China’s stock market in a shift designed to speed up listings and corporate fundraising. Under the new system, China’s stock exchanges will themselves vet IPOs with a focus on information disclosure. Currently, IPOs on China’s blue-chip boards need clearance from the China Securities Regulatory Commission (CSRC) under an approval-based system – one that means long delays and IPO prices capped by the regulators. The reform was hailed by state media and analysts as a key milestone that would make China’s IPO market more inclusive, transparent and efficient. But in reality, … [Read more...] about China’s latest IPO reform seen unlikely to flood markets with new issuance

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Exclusive| Reliance Capital to challenge NCLT order in Supreme Court, say sources

February 2, 2023 by www.moneycontrol.com

Reliance Capital Debt-ridden Reliance Capital (RCap) is planning to challenge the verdict of National Company Law Tribunal (NCLT) that ruled Torrent Investment as the highest bidder for the firm in the Supreme Court, people aware of the matter told Moneycontrol requesting anonymity. On February 2, NCLT quashed the appeal by the committee of creditors (CoC) to hold another auction, terming it against the Insolvency and Bankruptcy Code (IBC) regulations. The committee of creditors (CoC) is expected to meet on Saturday and decide on the next steps, according to one of the persons quoted above. At this stage, no decision has been taken by COC, the person said. The NCLT order is likely to be uploaded tonight. “Torrent Investments had a bid of Rs 8640 crores, whereas Hinduja Group’s bid was Rs 400 crores more at Rs 9000 crore. We would go with Hinduja,” said one of the persons quoted above. Plan for second auction The lenders in the case were planning another auction of … [Read more...] about Exclusive| Reliance Capital to challenge NCLT order in Supreme Court, say sources

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Lenders move against NCLT’s verdict to stay Reliance Capital auction

January 25, 2023 by www.moneycontrol.com

Reliance Capital Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Lenders of Reliance Capital moved the National Company Law Appellate Tribunal (NCLAT) on January 25 to challenge the bankruptcy court order for maintaining the status quo on the company's insolvency proceedings. The lenders have argued that the interim stay ordered by National Company Law Tribunal (NCLT) is not permitted under law. Last week, NCLT directed the lenders of Anil Ambani-promoted Reliance Capital to maintain the status quo and asked all applicants to submit written notes. The tribunal postponed the second auction for Reliance Capital, which was scheduled for January 19, to January 23 (Monday) as the NCLT Mumbai bench could not complete the hearing of arguments of all applicants. The NCLT Mumbai bench, led by Justice Shyam Babu Gautam and Justice … [Read more...] about Lenders move against NCLT’s verdict to stay Reliance Capital auction

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RCap’s second auction continues to be on hold as lenders withdraw NCLAT appeal

January 25, 2023 by www.moneycontrol.com

Reliance Capital’s (Rcap) second round of auction continues to remain on hold as the lenders on January 25 chose to withdraw the appeal from National Company Law Appellate Tribunal (NCLAT) challenging the order of National Company Law Tribunal (NCLT) postponing the company’s insolvency proceedings. The appellate tribunal observed that it would not be appropriate for it to comment on the case on merits, as NCLT is yet to pronounce the order. What was argued? Appearing for the lenders, Senior Advocate Kapil Sibal argued that they were losing money every week as the company’s auction is yet to be finalised. He stated that a huge public interest is involved as the lenders include entities such as Life Insurance Corporation (LIC) and Employees Provident Fund Organisation (EPFO), thus urging the NCLAT to vacate the status quo order. Sibal further said that a private company cannot get an order from the NCLT barring the lenders from discovering higher value for the company. … [Read more...] about RCap’s second auction continues to be on hold as lenders withdraw NCLAT appeal

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Oklahoma Treasurer Presses Financial Institutions To Say Whether They’re Boycotting Energy Firms

February 1, 2023 by dailycaller.com

Republican State Treasurer Todd Russ of Oklahoma sent a letter to over 100 financial institutions to determine if their Environmental, Social and Governance (ESG) policies disqualify them from working with the Oklahoma government, Russ’ office announced Wednesday. Companies will have until March 31 to respond to a series of 19 questions that the state of Oklahoma will use to determine if the company is violating Oklahoma law by engaging in a boycott of energy companies, according to the letter obtained by the Daily Caller News Foundation. Russ specifically mentioned BlackRock, the world’s largest asset manager and frequent target of GOP criticism for its consistent support of ESG investing, which Republican critics allege violates its fiduciary duty to its clients, in a statement to the DCNF. “This list is crucial to provide accountability for our government entities, including organizations responsible for pension funds such as the Oklahoma Public Employees Retirement … [Read more...] about Oklahoma Treasurer Presses Financial Institutions To Say Whether They’re Boycotting Energy Firms

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