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Jakarta Police apprehend seven alleged provocateurs in rally protesting jobs bill

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first_imgThe Jakarta Police have apprehended seven alleged provocateurs at a rally protesting the controversial omnibus bill on job creation in front of the House of Representatives complex in Central Jakarta on Friday.The police initially netted more than 100 people who allegedly infiltrated the rally to incite riots, Jakarta Police spokesman Sr. Comr. Yusri Yunus said. Of those detained, seven faced questioning while the rest were released.The seven people were apprehended for carrying items deemed suspicious, such as flags bearing the sigil of a so-called anarcho-syndicalist group, rocks and bottles that the police claimed resembled Molotov cocktails.”[We suspect that] five of them are members of the anarcho-syndicalist group and one is a former member,” Yusri told The Jakarta Post on Saturday. Topics : “We are still questioning and investigating them.”Read also: Komnas HAM calls for stop to job creation omnibus bill deliberationsIn April, the police claimed that the group had committed acts of vandalism and provocation to trigger social unrest across the island of Java amid public anxiety over the COVID-19 pandemic.Thousands of protesters comprising students and laborers gathered at the legislative complex in Senayan on Friday to demand the House and the government end deliberation of the omnibus bill on job creation. They condemned contentious articles stipulating manpower affairs, fearing the bill, if passed, would take away workers’ rights.They protested outside the House during the annual People’s Consultative Assembly meeting attended by the country’s executive, legislative and judicial branches. President Joko “Jokowi” Widodo delivered his state of the union address at the meeting, held ahead of Indonesia’s 75th anniversary on Monday.last_img read more

PensionsEurope to EC: ‘Stay clear of prescriptive approach’ on ESG

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first_imgMatti Leppälä, secretary general of PensionsEuropeAs reported yesterday, one of the expert group’s recommendations is that investor duties be “clarified” to extend time horizons and bring greater focus on ESG.As part of this, the HLEG said pension funds should consult their beneficiaries about sustainability preferences, and reflect these in their investment decision-making. An EU omnibus proposal would ensure that the necessary changes took place across the entire investment chain, it said.Commenting on IPE’s report yesterday, Randy Bauslaugh, an experienced pensions lawyer at Canadian firm McCarthy Tétrault, said he was not sure a requirement to consult members on their ESG preferences was a good idea in common-law jurisdictions.“Doesn’t it amount to trustees delegating their decision-making duty to a survey?” he said. “If the purpose of the trust is to provide financial benefits, common law already dictates that fiduciaries ought to be making rational decisions that factor in ESG considerations that are relevant to financial risks and opportunities. Where reliable ESG information is available, they ignore it at their peril.”At PensionsEurope, Leppälä also took issue with suggestions in the report about revising IORP II, the European pension fund directive. “The new IORP II Directive is already very advanced and includes many new provisions on ESG, as part of risk management and investments,” he said. “It would be advisable to first see the impact of these new rules before expanding them.”PensionsEurope’s comments echoed some of those it made in response to a Commission consultation on some of the early recommendations the HLEG made in its interim report.The Commission is already pursuing some of the ideas contained in the HLEG’s interim report, and today said it would move to finalise its sustainable finance strategy on the basis of its final recommendations.Voices across finance  Stephanie Pfeifer, CEO of the Institutional Investors Group on Climate ChangeThe Institutional Investor Group on Climate Change (IIGCC) said it would be studying the HLEG’s final report in detail, but in principle fully supported the priority actions and cross-cutting and sectoral recommendations in the report – in particular, steps to support the clarification of investor duties, to establish an EU sustainability taxonomy, and to confront short-termism in financial markets.Commenting on the report, Stephanie Pfeifer, CEO of IIGCC, said: “The final report… is both very welcome and very timely.“For the financial sector to respond effectively to the climate challenge, the EU must signal clear direction and expectations across all economic sectors via an overarching and comprehensive roadmap for sustainable finance which pulls in the same direction as the EU’s 2030 Climate and Energy Package and commitments to the Paris Agreement.”The insurance view:Insurance Europe , the trade body for the European insurance industry, said it welcomed the HLEG’s report, in particular the recommendations that the EU’s Solvency II regulatory framework for insurers needed adjustment. It also supported an EU taxonomy for sustainable finance, the need for an increased supply of investable sustainable assets, and a proportionate and careful approach in encouraging disclosure of climate-related factors.The campaigners’ perspective:“We are particularly pleased to see the strong focus on clarifying investors’ duties, something that ShareAction has been pushing for since 2010. It is great to see the EU showing leadership in this area and we urge the Commission to now adopt a strong legislative proposal.  “At the same time,” he continued, “there are countless different ways in which pension funds do responsible investments, depending on national traditions, the type and size of the fund, the position of the sponsoring company and the role of the social partners.“The EU should stay clear of any prescriptive one-size-fits-all approach. The number of pension funds that choose to proactively invest according to ESG criteria is growing and will continue to do so.” PensionsEurope, the European umbrella association for national pension fund bodies, has pushed back against some of the final recommendations made by an expert group on sustainable finance advising the European Commission. Matti Leppälä, secretary general of PensionsEurope, said the final report of the High Level Expert Group (HLEG), out today, set out a vision for a more sustainable financial system that aligned capital with the broader values of society.It contained recommendations that were very important for pension funds, he said. Some could widen the choice of sustainable investments and create a common language for the markets through an environmental, social and governance (ESG) classification, or “taxonomy”. This would support “the many pension funds that already take environmental, social and governance issues on board in their investment decisions and engagement strategies”, Leppälä added. Bethan Livesey, head of policy at ShareAction“Ordinary people should be at the heart of a sustainable financial system that serves society. We welcome the recognition that beneficiaries’ interests are not limited to financial returns only. We also welcome the renewed focus on retail investors, which was missing from the interim report.“An accountable and strong Capital Markets Union will only be possible if retail investors can be confident that their money is invested responsibly. We congratulate the HLEG for this inclusion.”– Bethan Livesey, head of policy at ShareAction , a UK-based responsible investment campaign organisationThe capital markets and investment bank view:“The Commission’s final report on sustainable finance is a big step in the right direction. The plans to ease capital charges for banks’ green investments, provided they are commensurate with the risks assumed, can play an important part in the development of a Capital Markets Union.”– Simon Lewis, chief executive at AFME , the association representing Europe’s capital markets and investment banksHowever, the association expressed concern with some specific issues in the expert group’s report. It disagreed with the HLEG’s view that sell-side analysts did not consider ESG criteria.In a statement, AFME said: “Although there is no industry-level best practice on the inclusion of ESG criteria, many firms use their in-house frameworks to integrate such criteria in their research.”The view from the European banking sector:“This is an important moment, also for the banking sector. To properly serve society banks need to be able to act constructively when addressing climate change and the decarbonization of industry. Banks can only do so when there are clear definitions and clear rules that also maintain financial stability. These recommendations are the starting point.”– Wim Mijs, chief executive of the European Banking Federation (EBF)last_img read more

Real Madrid, Barcelona battle Man Utd for £60m-rated Grealish

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first_img Both Spanish giants are tracking the exciting 24-year-old as they identify their top transfer targets for the summer. Barcelona and Real Madrid have joined Manchester United’s hunt for Aston Villa’s attacking midfielder Jack Grealish.Advertisement Loading… Read Also: Pogba tells Man United pals he still wants to leave in summerBirmingham-born Grealish is likely to have his pick over who he wants to join, whether or not he helps Villa avoid relegation this season.If United fail to finish in the top four or win the Europa League, they would have less appeal than their biggest rivals in the battle for his signature.Grealish was even linked with neighbours City early last month.FacebookTwitterWhatsAppEmail分享 center_img Their interest will be a major blow to United, who have made Grealish their No 1 option to become the new playmaker at Old Trafford.Grealish’s sparkling form has convinced a number of Premier League and European clubs he is the real deal.And he has not escaped notice from Spain’s top two clubs.Now Villa are steeling themselves for offers at the end of this campaign. Promoted ContentCouples Who Celebrated Their Union In A Unique, Unforgettable WayA Hurricane Can Be As Powerful As 10 Atomic Bombs6 Ridiculous Health Myths That Are Actually TrueBoys Deserve More Than Action-Hero Role Models10 Disney Characters Who Would Make Great Role Models6 Extreme Facts About Hurricanes7 Black Hole Facts That Will Change Your View Of The Universe7 Ways To Understand Your Girlfriend BetterCan Playing Too Many Video Games Hurt Your Body?Ever Thought Of Sleeping Next To Celebs? This Guy Will Show YouBest & Worst Celebrity Endorsed Games Ever MadeThe Very Last Bitcoin Will Be Mined Around 2140. Read Morelast_img read more

November unemployment rates for Indiana Counties

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first_imgStatewide—Indiana’s unemployment rates remained unchanged at 3.2 percent in November. The Indiana Department of Workforce Development says unemployment for November remained below the national rate, which is 3.5 percent.Countywide statistic are Decatur County at 2.6%, Franklin County at 3.4% and Ripley County at 3.0%.  Fayette County is highest in southeastern Indiana with 4.6% and Bartholomew County is the lowest at 2.3%. Of the surrounding states, Indiana and Illinois are the only ones to have an unemployment rate below 4 percent. Minnesota and Wisconsin also come close, with both states coming in at 3.3 percent.last_img read more

Coach Shastri welcomes break in season for India’s players

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first_imgMUMBAI, India (Reuters) – The pause in cricket due to the coronavirus pandemic will allow India’s jaded players to recharge their batteries, according to head coach Ravi Shastri.The flu-like virus has halted sporting events across the globe as countries have gone into lockdown to contain the spread, with more than 550 000 people infected globally and nearly 25 000 dead, according to a Reuters tally.“It cannot be a bad thing. Because towards the end of the New Zealand tour, you could see some cracks coming up when it came to mental fatigue, physical fitness and injuries,” Shastri told a Sky Sports cricket podcast.“The amount of cricket we have played over the last 10 months was beginning to take its toll. Guys like me, and some other guys from the support staff left India on May 23 for the World Cup in England. Since then we have been at home for 10 or 11 days.”India called off a home one-day international series against South Africa after the first match, while the cricket board (BCCI) has also postponed the start of this year’s Indian Premier League (IPL) Twenty20 tournament until April 15.The country is currently in a 21-day lockdown until April 14 and the fate of the popular IPL is unclear.Many national team players, including India captain Virat Kohli, have taken to social media to spread awareness about the virus and the importance of staying at home.“There are certain players, who played all three formats of the game,” Shastri, a former India all-rounder, added.“You can imagine the toll it has taken on them, especially being on the field, adjusting from T20s to Test match cricket and all the travel that goes with that because we travelled quite a lot.“After England we went to the West Indies, then played South Africa here (in India). We had a season of two and a half months here and then again off to New Zealand. So it has been tough but a welcome rest for players.”last_img read more

F1: Hamilton on Pole for Abu Dhabi Title Decider

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first_imgHamilton’s performance was one of the most impressive of a season in which he has now taken 12 poles to Rosberg’s eight despite not even being able to compete in qualifying in three races because of reliability problems.Hamilton topped all three sessions of qualifying – and was 1.024secs quicker than Rosberg in Q1, 0.108secs in Q2 and then the final margin of nearly a third of a second.It was the 61st pole of his career, four behind his hero Ayrton Senna and seven behind all-time record holder Michael Schumacher.Hamilton said: “Wow, 61 poles. I am going to try to catch Ayrton. It has been a strange feeling coming here and realising it was going to be the last session, the last qualifying in such a great car – you never know when you are going to have a car like this again.“We got the car in a great sweet spot and I want to thank everyone – I would not have the 61 poles if it was not for them. The perfect position for tomorrow.”Rosberg said: “I had a good balance and was feeling quite pleased. I got a good lap in the end but it was not good enough. I gave it everything but it wasn’t possible to beat Lewis today. But I will give it everything tomorrow.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Lewis Hamilton took a stunning pole position for the decisive Abu Dhabi Grand Prix but Nico Rosberg remains on course for the title. The German, who needs only to finish in the top three today to win the world championship, qualified second fastest, 0.303 seconds behind Hamilton.Hamilton needs two other cars between himself and Rosberg, but Mercedes’ rivals were off their pace. Red Bull’s Daniel Ricciardo was third, but 0.834secs slower than Hamilton.Ferrari drivers Kimi Raikkonen and Sebastian Vettel were fourth and fifth, with Red Bull’s Max Verstappen sixth.last_img read more

Celebration

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first_imgPavitra Krishnamani, a junior studying psychology, performs as part of a Diwali celebration in Bovard Auditorium on Sunday night. Diwali, a Hindu holiday celebrated in October or November each year, is traditionally referred to as the “festival of lights.” The festival is often celebrated in India.Priyanka Patel | Daily Trojanlast_img

Blatter claims ban means he’s a ‘punch bag’

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first_imgUEFA President Michel Platini has been handed the same punishment as the FIFA boss.It’s over a €1.8m payment to the Frenchman, which was authorised by Blatter.last_img

T&T man sentenced for faking his own kidnapping

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first_imgA 24-year-old man was sentenced to 30 days hard labor after he falsely reported that he had been kidnapped by armed men earlier this month.Jonathan Ramcharran was charged with wasteful employment of police time by making a false police report. He pleaded guilty when he appeared before Magistrate Cherril-Ann Antoine in the San Fernando Magistrate Court on Thursday.The charge was laid against Ramcharran following a report made to the San Fernando Criminal Investigations Department (CID), on Wednesday by a female relative, who had indicated that the accused had been kidnapped on the same day by armed men demanding a TT$100,000 ransom.But the police said that on investigating the matter, officers discovered several irregularities and Ramcharran was discovered by officers attached to the Anti-Kidnapping Unit, walking along Frederick Street, in the capital, Port of Spain.last_img read more

Clippers’ Austin Rivers hopes to provide energy in return

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first_imgAustin Rivers acknowledged feeling heartbroken for Griffin when he found out about his teammate’s toe injury.“It’s hard to be mad or feel bad that I missed two or three weeks when I got my teammate Blake over here out 4 to 6 months,” Austin Rivers said. “That’s a real injury. Not to say mine’s not. But stuff like that puts everything in perspective.”Griffin is expected to have surgery on his right toe after meeting with a doctor on Tuesday. But he will be reevaluated at least two more times before making a definitive decision.“There’s no determination yet,” Doc Rivers said of Griffin’s likely surgery. “He’s had one (doctor’s visit), but he has to have several more. We’re not going to say anything until everything’s done.”Doc Rivers was more expansive on how his players reacted to Griffin’s injury.“You can feel the sting when they found out the news. They were bothered. They were hurt. I think they were more emotional than I had seen them,” Doc Rivers said. “It was more toward Blake, more feeling bad for him than even the team, which I thought was a really good thing for our group.” Newsroom GuidelinesNews TipsContact UsReport an Error LOS ANGELES >> Clippers guard Austin Rivers looked anxious as he laced up his shoes Tuesday night. He was about to warm up for Game 5 against the Utah Jazz at Staples Center, and he acknowledged feeling impatient in his first game since a left hamstring injury sidelined him for the previous 11 games.“I just want to have an impact, play hard and bring energy,” Rivers said beforehand. “All the things will come and lead to that. I’ve tried not to make it bigger than what it is.”Rivers, who averaged 12 points per game this season, acknowledged he “wanted to play last week,” but he was confined then to running drills. The Clippers cleared him after he spent the past four days completing a series of workouts. The Clippers welcomed Rivers’ return, and Jazz coach Quin Snyder called him a “unique player” before praising his 6-foot-4, 200-pound frame, quickness, ball handling and ability to finish.Clippers coach Doc Rivers still sounded unsure, though, what his son could provide on a playing time restriction off the bench that would exceed 12 minutes.center_img “I don’t know what Austin’s going to do honestly. He hasn’t played,” Clippers coach Doc Rivers said. “I don’t expect a lot. I’m hoping for a lot, but you don’t just miss games and show up and start playing. we need another body. That’s what he’s going to do for us.”Austin Rivers returned shortly after the Clippers ruled forward Blake Griffin out for the rest of the playoffs after injuring his right toe in Game 3. Doc Rivers also welcomed his son’s return because of his ability to attack the basket.With Austin not playing since March 29, he predicted he would feel “winded” before noting he worked out in Salt Lake City, where the altitude is higher. But Austin added he did not feel he needed to pace himself.“I don’t know any other way. If i try to be someone else, I’m not going to be effective,” Austin Rivers said. “I would never play just to play. I would only play if I knew i could give it my best and play hard.”What up, Doc?last_img read more