Telfs-Buchen, Austria (CNN) Ukrainian President Volodymyr Zelensky told G7 leaders during a virtual meeting Monday that he wants the war in Ukraine to end by the end of 2022, according to a source familiar with his remarks , as leaders worked to starve Russia of its oil revenues and mitigate the economic fallout of the conflict. The dual missions -- sustain support for Ukraine while easing economic pressures at home -- have defined this year's summit of leading democracies, held high in the Bavarian Alps. While largely united, the leaders are all facing their own political imperatives to see a momentum shift in the fighting and bring an end to the conflict quickly. To that end, leaders were nearing an agreement to try capping the price of Russian oil, depriving the country of revenues that have soared amid the global spike in energy prices. Details were still being ironed out, including whether the top buyers of Russian oil would agree to the limits, but US officials … [Read more...] about G7 leaders work to ‘starve’ Russia of oil money as Zelensky says he wants the war over by the end of the year
Says public should not be concerned cnn
Are you ‘pangry’? Pandemic anger is a real mental health concern
Are we out of the woods with Covid-19? Have we reached the endemic stage? Should we adopt the mindset that the SARS-CoV-2 virus is just a part of our lives now and carry on as usual? Many people are walking around with more questions than answers as new SARS-CoV-2 viral variants emerge and case counts continue to fluctuate. Without a definitive answer as to what the next phase of the pandemic will look like, mental fatigue has set in for many during this Covid-19 limbo, as has anxiety, depression and persistent anger. “It’s been well over two years since the start of the pandemic, and of course, people are frustrated and anxious,” says Mayo Clinic Health System psychiatrist Dr Patrick Bigaouette. “When Covid-19 case counts tick back up, people are naturally nervous about whether it’s OK to go to a movie, send their child to school, or the possibility of increased Covid-related public policies. “The recurrent feeling of anxiety can be mentally fatiguing.” Research has … [Read more...] about Are you ‘pangry’? Pandemic anger is a real mental health concern
Milan turned 250,000 square feet of parking into public space
There’s no way Milan could have known what was coming, but in the years leading up to the pandemic, the city was preparing as if it had seen the future. advertisement advertisement In 2018, the city started a large-scale reinvention of its public space, focused specifically on land that was dedicated to car parking in neighborhoods that had little green space. Those spaces, with simple interventions, were converted into new public plazas . As the pandemic set in—Milan was one of the first epicenters of the outbreak in Europe—these outdoor spaces became essential lockdown escapes. Launched as part of Mayor Giuseppe Sala’s plan to make a more resilient and livable city by 2030, the piazza creation effort has been spearheaded by Bloomberg Associates , the consulting arm of Bloomberg Philanthropies. The program is being implemented under the guidance of Janette Sadik-Khan, who served as New York City’s transportation commissioner during Michael … [Read more...] about Milan turned 250,000 square feet of parking into public space
Covid-19: Rise in new infections, drop in fatalities last week, says Health DG
According to the Health DG, the average infectivity rate showed a 1.9% drop compared to the previous week. (Photo by Zahid Izzani Mohd Said/The Edge) - A + A KUALA LUMPUR (June 27): The number of new Covid-19 infections in the country for the 25th epidemiology week (ME 25), which began from June 19 to 25, saw a 10.9% increase to 15,739 cases compared with 14,195 cases the week before. Health director-general Tan Sri Dr Noor Hisham Abdullah said, however, the number of deaths showed a 38.1% drop, with 13 cases compared with 21 cases in the previous week. “The number of recovered cases in ME 25 also showed a rise of 33.8%, namely from 10,524 to 14,078 cases,” he said in a statement on Monday (June 27). Dr Noor Hisham said the admission of Covid-19 patients into health facilities (public hospitals and Covid-19 quarantine and treatment centres) per 100,000 population increased by 11% in ME 25 compared to the earlier week. He said the number of Covid-19 patient … [Read more...] about Covid-19: Rise in new infections, drop in fatalities last week, says Health DG
Opinion: The aftershocks of America’s abortion earthquake will be felt for decades
(CNN) Following the US Supreme Court's decision to overturn Roe v. Wade, CNN Opinion asked a group of contributors to weigh in on the cultural, legal and political ramifications of this monumental legal opinion undoing nearly 50 years of federal abortion protection. The views expressed in these commentaries are those of the authors. SE Cupp: What politicians get wrong about the abortion debate I'm deeply worried for our country. Read More No matter where you stand on the issue -- I'm pro-life but do not support a ban on abortions -- this ruling represents a seismic shift in American life as most of us knew it. I'm 43, and Roe is older than I am. There are more people alive today who have never known an America without Roe than there are people who lived without it. Stripping away what many women have only known as a right for nearly 50 years, without putting anything in its place is dangerous. Criminalizing … [Read more...] about Opinion: The aftershocks of America’s abortion earthquake will be felt for decades
Govt pushes ahead with KUHP revision
News Desk (The Jakarta Post) PREMIUM Jakarta ● Tue, June 28 2022 Despite widespread calls to pause deliberations on the revised Criminal Code so that public concerns can be addressed, the Law and Human Rights Ministry expects the legislation to be “expedited” for passage in the coming months. Deputy Law and Human Rights Minister Edward OS Hiariej, a former law professor at Gadjah Mada University, said that although the draft revisions to the Criminal Code would be unlikely make it to a House of Representatives plenary session in July, a deal could be struck in August to pass the bill into law. The deputy minister said the government was on “a historic mission” to decolonize the current Criminal Code, which is founded on Dutch colonial law. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events … [Read more...] about Govt pushes ahead with KUHP revision
Making sense of CTOS’ venture into RAM
This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A LAST week, CTOS Digital Bhd made a bold move to raise its stake in RAM Holdings Bhd (RAM), in which it already owns a 19.225% stake. This is the third acquisition that CTOS has undertaken within a year. CTOS, which bought into RAM shortly after it was listed in July last year, launched a general offer last week to buy out the remaining shares that it does not own in the credit rating agency (CRA) soon after it got the green light from the Securities Commission Malaysia (SC) to own more than 51%. CTOS has so far spent the bulk of the RM173.8 million raised from a private placement in March on mergers and acquisitions (M&A). RAM will be the first local CRA to have a controlling shareholder upon the completion of the takeover offer. Dollars and cents aside, the takeover bid has prompted some quarters to question whether the independence of RAM’s rating … [Read more...] about Making sense of CTOS’ venture into RAM
Tax Information Reporting On Digital Assets Steps Into The Spotlight
Share to Twitter Share to Linkedin The looming prospect of compliance with the reporting requirements in section 6050I has been a problem for the digital asset industry since the passage of the Infrastructure Investment and Jobs Act (P.L. 117-58) last November. The requirements pose procedural obstacles and privacy concerns for taxpayers, but the government has an interest in ensuring compliance with the tax laws. The revised version of section 6050I requires taxpayers engaged in a trade or business to file an information return when they receive $10,000 or more in digital assets in one transaction or two or more related transactions in the course of that trade or business. The information required is the name, address, and tax identification number of the person from whom the assets were received; the amount of the assets; and the date and nature of the transaction. The provision was originally designed for cash transactions. The brief push for … [Read more...] about Tax Information Reporting On Digital Assets Steps Into The Spotlight
HONOURING MALAYSIA’S BEST PERFORMERS IN ESG EXCELLENCE: The Edge to roll out Malaysia’s first ESG awards
This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A THE momentum to adopt environmental, social and governance (ESG) criteria and sustainability practices in the capital market has picked up significantly in the past few years. By the third quarter of 2021, assets in global sustainable funds hit a record high, according to investment research firm Morningstar. At the same time, more than 70 countries — including the biggest polluters — have set a net-zero target and over 1,200 companies have put in place science-based targets to reach net-zero emissions, according to the United Nations. In Malaysia, at least 44 out of the 54 Sustainable and Responsible Investment (SRI) funds approved by Securities Commission Malaysia were launched in the last two years. As at December 2021, 94% of the top 50 listed companies in Malaysia had ESG strategies and 68% had emissions reduction policies, according to PwC’s research. … [Read more...] about HONOURING MALAYSIA’S BEST PERFORMERS IN ESG EXCELLENCE: The Edge to roll out Malaysia’s first ESG awards
Hong Kong’s top finance executives bank on city to thrive as gateway to China
Charles Li, CEO of Hong Kong Exchanges and Clearing Limited, speaks at the Sandler O'Neill + Partners Global Exchange and Brokerage Conference in New York - A + A HONG KONG (June 27): In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. Twenty-five years later, Hong Kong has so far retained its status as a financial hub, and some of the city's top executives are banking on a bright future as the territory remains a crucial springboard for investment into mainland China. Charles Li, former chief executive of bourse operator Hong Kong Exchanges and Clearing (HKEX) and founder of microfinance platform Micro Connect, said that although he believes the next 25 years will be "very different", he's optimistic. "I'm convinced that the overall prosperity of Hong Kong will remain as strong as before because Hong Kong retains its value to both … [Read more...] about Hong Kong’s top finance executives bank on city to thrive as gateway to China