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Higher inflation boosts ECB hawks’ case for tightening ahead of monetary policy meeting

German policymakers in particular have been outspoken in their hawkish sentiments. German Bundesbank president Jens Weidmann has publicly criticised the policy, saying it should only be used as an emergency measure.However, ECB president Mario Draghi has sought in recent public appearances to temper talk of a withdrawal of stimulus. More dovish members of the Governing Council are keen to avoid a repeat of the US “taper tantrum”, in which investors rushed to pull money out of bond markets, which had been sustained by the flow of money into fixed income from the Federal Reserve.Read more: Euro plummets as ECB extends QE programme but begins taperingHoward Archer, chief UK and Europe economist at IHS Markit, said: “We suspect that the ECB will stress at its January policy meeting on Thursday that it is sticking to its current monetary policy course until it can be sure that the Eurozone is seeing a sustainable increase in Eurozone inflation to close to 2 per cent.”However, political concerns, particularly around elections in France, the Netherlands, and Germany, mean the ECB is unlikely to change course soon. This could mean a continuation of a European economy running at two speeds, as Germany powers ahead. This marks the fastest increase in prices in Europe’s largest economy since July 2013.Read more: Significant rise in inflation amid a firming recovery predicted by ECBInflation tumbled after the 2011 debt crisis crippled large parts of the Eurozone’s economy, with deflation recorded at the start of 2015 and 2016The doubling of the inflation rate within a month will add to pressure on the ECB to justify its stimulus measures. The bank meets on Thursday to decide monetary policy.At its last Governing Council meeting in December the bank committed to an extension of its asset purchase programme, known as quantitative easing, until the end of this year, while slowing the size of monthly purchases to €60bn per month. Jasper Jolly whatsapp “Divergence between the major economies will be an important theme” in the coming year, said Claus Vistesen, chief Eurozone economist at Pantheon Macroeconomics. “Core inflation and wage pressures in Germany already are accelerating, but the inflation trend will stay more subdued in France, Italy and Spain.”Strong increases in inflation in Germany’s powerhouse economy, have driven the headline Eurozone figure. It rose from an annual rate of 0.8 per cent in November to 1.7 per cent to end 2016, according to the German statistical agency.The contrast is stark with other parts of the Eurozone, where deflation has taken hold, including in Bulgaria and Ireland. Higher inflation boosts ECB hawks’ case for tightening ahead of monetary policy meeting Share Inflation in the Eurozone rose sharply in December, the European Commission has confirmed, adding further to pressure on the European Central Bank (ECB) to begin withdrawing its historically expansive monetary policy support on Thursday.Consumer prices across the bloc increased by 1.1 per cent, a steep rise from the 0.6 per cent growth recorded the month before, according to Eurostat. whatsapp Wednesday 18 January 2017 10:22 am read more

JPI Media secures bids from Archant and media veteran Montgomery

first_img Also Read: JPI Media secures bids from Archant and media veteran Montgomery Show Comments ▼ Share whatsapp Reach, formerly known as Trinity Mirror, previously expressed interest in the regional titles, but pulled out of the race last year. The process was put on hold following the outbreak of coronavirus, but the company last month said it was resuming the sales process. Montgomery, who also led Mirror Group, has teamed up with turnaround investor Endless for his bid, which was first reported by Sky News. JPI, which is owned by a consortium of hedge funds including Goldentree Assset Management, was formed to buy Johnston Press out of administration in 2018. whatsapp Local newspaper group JPI Media is said to have received takeover offers from rival publisher Archant and veteran media executive David Montgomery. Its owners wrote off £135m of debt and injected £35m of new capital in the business. JPI Media secures bids from Archant and media veteran Montgomery James Warrington Also Read: JPI Media secures bids from Archant and media veteran Montgomery center_img Archant, which publishes the Eastern Daily Press, and former News of the World editor Montgomery have tabled rivals bids ahead of a deadline this week. Norwich-based Archant has been tipped as a logical suitor for JPI’s regional titles given the potential cost-savings created by a merger. Thursday 8 October 2020 1:25 pm JPI Media declined to comment. But Montgomery has also been gearing up for media takeovers after setting up a listed vehicle called National World. Last month the company said it was cutting up to 30 print roles amid an ongoing shift to its digital offering. Last year it sold the i newspaper to Mail owner Daily Mail and General Trust in a £50m deal. Like many publishers, JPI has been battling a sharp downturn in advertising revenue since the start of the pandemic. JPI, which owns titles including The Scotsman and The Yorkshire Post, originally put its regional papers up for sale last year. The sale process opens up the prospect of further consolidation in the media industry as a steady decline in advertising revenue for publishers has been compounded by the impact of the Covid-19 crisis. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orglast_img read more

Alexis Tsipras’s Syriza wins 2015 Greece election: Euro leaders wary of new Greek party

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Tags: Greek debt crisis Express KCS Show Comments ▼ Alexis Tsipras’s Syriza wins 2015 Greece election: Euro leaders wary of new Greek party European leaders last night reacted warily to the election of Greek anti-austerity party Syriza, ahead of Alexis Tsipras’s expected effort to exit bailout agreements. Jens Weidmann, president of the Bundesbank, the German central bank, warned that Greece would remain dependent on outside financial support and that the new Greek government “should not make promises that the country cannot afford.” “I hope the new government won’t call into question what is expected and what has already been achieved,” he said. French President  Francois Hollande urged Tsipras to “pursue the close cooperation between our two countries in service of growth and the stability of the Eurozone, in a spirit of progress, solidarity and responsibility that is at the heart of the European values we share.” Despite Syriza’s election triumph, analysts remain convinced Syriza will pose little threat of a “Grexit” – Greek exit from the Eurozone – due to its weak bargaining power.    “If and when it [Syriza] forms a government, it faces very difficult challenges to meet all of its three objectives of ending austerity, restructuring its EU and IMF loan debt, and keeping Greece in the euro area,” said economist Robert Kuenzel from Daiwa Capital Markets. Doing all three is seemingly impossible. Ending austerity would mean Greece would no longer be able to get financing from the EU and the IMF, resulting in a likely default on some its debt. A default may mean that Greece is forced to leave the euro so its own central bank can fund basic state functions. “The short-term costs and risks for Greece attached to a ‘Grexit’ are enormous, especially for the fragile Greek banking sector, while the benefits of improved competitiveness (mainly of the Greek tourism industry) are likely modest,” Kuenzel said. WAS GREECE ON THE ROAD TO RECOVERY?Greeks have faced an incredibly tough time, with Greece’s recession on par with the US great depression. However, data from Greece appears to show its economy is in the early stages of recovery. Though still at elevated levels, unemployment and youth unemployment had levelled off and were beginning to edge down. Meanwhile, the government’s austerity programme has been “successful” in terms of getting borrowing under control. GDP was also starting to tick up, although only very slowly. PROFILE: Alexis Tsipras ■  Born in Athens 1974. ■ Became a member of the Communist Youth of Greece while in High School. ■ Holds a degree in Civil Engineering from the National Technical University of Athens. Conducted post graduate studies in Land Surveying and Planning. ■ Was a member of the Central Council of the National Students Union of Greece (EFEE) from 1995 to 1997. ■ After finishing his studies, he worked as a civil engineer. ■ In 1999 he was elected secretary of Synaspismos Youth – one of the parties that would later combine to form Syriza. ■ In December 2004 he was elected to the Central Political Committee of the party and consequently political secretariat where he was responsible for educational and youth issues. ■  In 2008, Tsipras was elected as the president of Synaspismos. ■ He was elected member parliament in the national elections of 2009 and has since then headed Syriza. ■ Syriza has been a coalition of 13 separate parties since 2004 but ran for parliament as a single party for the first time in May 2012. ■  In the 2012 General Election, the Tsipras-led Syriza gained 26.9 per cent of the vote against incumbent New Democracy’s 29.7 per cent.  center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online Game whatsapp Share Monday 26 January 2015 12:29 amlast_img read more

City Moves for 27 May 2015 | Who’s switching jobs

first_img whatsapp Tags: NULL City Moves for 27 May 2015 | Who’s switching jobs Share Tuesday 26 May 2015 8:43 pm center_img BLPThe law firm has announced the appointment of Nathan Willmott as departmental managing partner of its litigation and dispute resolution team. He joined Berwin Leighton Paisner in 2007, and has led its commercial dispute resolution group since 2010.Daniel WatneyDavid Graham has been appointed senior associate partner in the property consultancy’s planning team. He joins from Indigo Planning, where he was associate director focused on identifying development opportunities, and coordinating and submitting planning applications and appeals. Graham has also held positions at Knight Frank.F&C Investments The asset management firm, part of BMO Global Asset Management, has appointed Robert Elfström, Frank Steffen and Carolin Töpfer to its continental European distribution team. Elfström joins as director Nordic Region from Franklin Templeton Investments, where he was a sales director. Steffen joins as a senior sales director in the wholesale distribution team from BlackRock Investment Management, where he was a sales director. Töpfer as sales support.SQW GroupThe consultancy has announced the appointment of David Crichton-Miller as chief executive. He most recently worked at A4e, one of the main operators of the government’s employability and skills outsourcing contracts. Crichton-Miller has also formerly held roles at WYG and McKinsey & Company.TowrySteve Midgley has been appointed head of sales strategy and operations at the wealth management firm following the acquisition of Ashcourt Rowan. He joined Ashcourt Rowan in 2013 as managing director of its financial planning arm. Midgley has also held senior positions at National Australia Group, Clydesdale Bank, and Yorkshire Bank.Fidelio PartnersThe board development and executive search consultancy has announced the appointment of Jon Durrant as partner with responsibility for executive search and, specifically, its communications practice. He was most recently chief operating officer at MHP Communications and Capital MSL.To appear in City Moves please email your career updates and pictures to [email protected] up to receive the new City Moves morning update if you haven’t already. whatsapp Show Comments ▼ Express KCS last_img read more

People / Emirates SkyCargo’s Henrik Ambak to chair Cargo iQ

first_img Cargo iQ has appointed Henrik Ambak, senior vice president of cargo operations worldwide at Emirates SkyCargo, as the chair of Cargo iQ’s board. Formerly the vice chair, he replaces DHL Global Forwarding’s head of airfreight in the Netherlands, Henk Venema, while Kerstin Strauss, head of global air logistics operations at Kuehne + Nagel, becomes the new vice chair.“The knowledge and experience of both Henrik and Kerstin will prove incredibly valuable to our organisation,” said Ariaen Zimmerman, executive director at Cargo iQ. “Cargo iQ membership continues to develop as the cargo industry looks to streamline and improve efficiencies and our new chair and vice-chair will be essential in advising us in the coming year.”  (L-R): Chris Davies, tech and product manager, Ariaen Zimmerman, executive director, Laura Rodriguez, implementation and quality manager, Henrik Ambak, chair; Megha Palkar, assistant manager, Kerstin Strauss, vice chair By Alex Lennane 22/05/2019center_img Alongside the senior appointments, two new airline board members were appointed; Ajay Barolia, senior manager, cargo network operations – performance & handling at Qatar Airways; and Michael Oslansky, director, cargo operations Americas, United Airlines. Matthias Hurst, director, global airfreight initiatives, Agility Logistics, replaces colleague Michael Blaufuss, and Thomas Huber, head of airfreight strategic development for DHL Global Forwarding becomes a board member. Other board members include representatives of KLM Cargo, Cathay Pacific Cargo, Lufthansa Cargo, Panalpina, DB Schenker, Cargomind and Swissport. “The strength of Cargo iQ is the use of its Master Operating Plan (MOP) as the practical tool in the daily planning and execution of service delivery across the globe facilitating forwarders, airlines, and handlers,” said Mr Ambak. “Cargo iQ has, in reality, only just started as the rapid development of specialised cargo services and the fast spread of disruptive technologies screams for operational facilitation frameworks to serve our clients better and quicker.”last_img read more

Indian Ambassador hoping to ‘enhance partnership’ with County Council following Laois visit

first_img Electric Picnic Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Home News Indian Ambassador hoping to ‘enhance partnership’ with County Council following Laois visit News RELATED ARTICLESMORE FROM AUTHOR Pinterest Facebook By Alan Hartnett – 31st July 2020 News WhatsApp Pinterest Indian Ambassador hoping to ‘enhance partnership’ with County Council following Laois visit Mr Sandeep Kumar, Indian Ambassador to Ireland, pictured during his visit to County Hall, Portlaoise where gifts were exchanged between the Ambassador and Chief Executive, John Mulholland and Cathaoirleach Catherine Fitzgerald.. Photo: Michael Scully The Indian Ambassador to Ireland, his Excellency Mr Sandeep Kumar, says he hopes to ‘enhance a partnership’ with Laois County Council following a visit on Thursday.Mr Kumar was officialy welcomed at County Hall by Cathaoirleach, Cllr Catherine Fitzgerald and Mr John Mulholland, Chief Executive.The genial Ambassador spent the full day in Portlaoise and met with representatives of the Laois Chamber of Commerce, Laois Tourism, The Midlands Hospital Portlaoise and private business interests.A keen arts, travel and sports enthusiast Mr Kumar made a point of visiting the Dunamaise Arts Centre & Theatre.The vastly experienced Mr Kumar voiced his eagerness to establish more economic and cultural connections between Laois and India and was fulsome in his praise for the way in which Irish communities came together to support the ongoing effort to suppress the public health pandemic.He also acknowledged the supports give by Irish people to the many members of the Indian community over recent months and reflected on the generosity of spirit shown by this country to his fellow citizens.On signing the Visitors Book at Áras an Chontae, Mr Kumar said: “I am very committed to enhance partnership with Laois County Council at all levels, post Covid making opportunities out of challenges.”Cathaoirleach Catherine Fitzgerald was very happy with the engagement.She said: “Laois County Council will encourage any opportunities and support any initiatives that will further develop our bonds of friendship, expand our mutual understanding and explore economic and cultural activities between our communities.”SEE ALSO – Laois Gardai arrest man with ‘three outstanding warrants’ following speeding incident Previous articleLaois Gardai arrest man with ‘three outstanding warrants’ following speeding incidentNext articleCoronavirus: No new deaths and 38 new Coronavirus cases as GPs raise self-isolating concerns Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Twitter Electric Picnic TAGSIndiaLaois County CouncilSandeep Kumar Facebook WhatsApp Twitter Electric Picnic organisers release statement following confirmation of new festival datelast_img read more

ING Diversified Floating Rate Senior Loan Fund files final prospectus

The fund’s diversified portfolio will consist primarily of senior, secured floating rate corporate loans and other senior debt obligations of non-investment grade North American borrowers, actively managed by sub-advisor ING Investment Management Co. LLC. The senior loans are expected to generate increased returns in the event that short-term interest rates rise. The fund will not have a fixed distribution policy, but intends to make monthly distributions based on the actual and expected returns on the portfolio. Given that the majority of the portfolio will be invested in senior loans that are floating rate, returns may vary with changes in interest rates. The fund’s initial distribution target is expected to be $0.05 per unit per month (U.S. $0.05 in the case of the Class U units), representing an initial yield on the unit issue price of 6.0% per hear. ING Investment Management Co. LLC is currently an indirect, wholly owned subsidiary of ING Group N.V., one of the world’s largest financial services companies. The units are being offered for sale by a syndicate of agents led by BMO Capital Markets and including CIBC, RBC Capital Markets, TD Securities Inc., GMP Securities L.P., National Bank Financial Inc., Scotiabank, Canaccord Genuity Corp., Macquarie Private Wealth Inc., Raymond James Ltd., Desjardins Securities Inc., Mackie Research Capital Corporation and Manulife Securities Inc. Toronto-based Connor, Clark & Lunn Capital Markets said Thursday that the final prospectus for ING Diversified Floating Rate Senior Loan Fund has been filed and receipted for an initial public offering of units. The closed-end fund proposes to offer Class A and U units at $10 each. Class U Units are designed for investors wishing to make their investment in U.S. dollars. The maximum amount of the offering is $200 million ($230 million if the over-allotment option is exercised in full) and is expected to close on or about March 22. The Toronto Stock Exchange has conditionally approved the listing of the Class A Units under the symbol IFL.UN. Class U Units will not be listed but may be converted into Class A Units on a weekly basis. Europe Blue-Chip Dividend & Growth Fund confirms termination date Facebook LinkedIn Twitter Faircourt migrates two closed-end funds to NEO Digital Consumer Dividend Fund files IPO Keywords Closed-end fundsCompanies Connor Clark & Lunn Financial Group Ltd., Clark & Lunn Financial Group Related news IE Staff Share this article and your comments with peers on social media read more

OSC’s John Mountain dies

first_img Keywords ObituariesCompanies Ontario Securities Commission IE Staff Downtown office buildings Toronto elovkoff/123RF “We extend our deepest condolences to the family and friends of John Mountain, who passed away this morning,” said Maureen Jensen, the OSC’s chairwoman and CEO, in a statement.“John’s passion and leadership had a profound impact on the mutual fund industry in Canada. John’s policy contributions during his career will benefit investors and the mutual fund industry for years to come. He was an important part of our executive management team and the social fabric of the OSC.”Mountain passed away on Monday from metastatic pancreatic cancer, surrounded by his family, hours ahead of a scheduled medical assistance in dying, according to an obituary posted on Andrew L. Hodges Funeral Home’s website.“John loved his work,” the obituary added. “He was thrilled to rejoin the Ontario Securities Commission two years ago to help make investing in funds better for everyone; he enjoyed the commitment to action he found.”Beyond work, Mountain had a passion for good art, architecture, opera, theatre and travel, the obituary stated. Furthermore, he believed that by leading his life as an openly gay man, exerting pressure from inside where he could, and from outside where it was needed, he helped make it easier for younger LGBTQ people.Mountain is survived by his husband Greg, mother Lois, sisters Pam, Ruth, Liz and Janet, brother Eric and nephew Nimi. AltaCorp Capital founder, oil and gas financier George Gosbee dies suddenly Former Quebec premier Bernard Landry dies at 81 Related news Share this article and your comments with peers on social media Warren Moysey dies at 79 The Ontario Securities Commission (OSC) announced on Monday that John Mountain, director of the OSC’s investment funds and structured products branch, has passed away.Mountain was appointed to the position on March 14, 2016. During his time at the OSC, he led a team that worked on proposals to change the mutual fund fee structure in Canada and reduce the regulatory burden for investment fund issuers. Facebook LinkedIn Twitterlast_img read more

Norway’s wealth fund excludes 4 Canadian oil sands producers

first_img Catastrophe bond market gains momentum It also excluded three other non-Canadian companies, two over environmental concerns and one for human rights reasons. It said its holdings in all of the companies have been sold.“We’ve seen investors around the world looking at the risks associated with climate change as an integral part of investment decisions they make,” Trudeau said Wednesday in Ottawa.“That is why it is so important for Canada to continue to move forward on fighting climate change and reduce our emissions in all sectors, and I can highlight that many companies in the energy sector have understood that the investment climate is shifting and there is a need for clear leadership and clear targets to reach on fighting climate change to draw on global capital.”Alberta Premier Jason Kenney said, “To be blunt, I find [the decision] incredibly hypocritical.“Norway is actually engaged in exploring to develop new massive offshore fields to increase their production of oil, so we’re not going to be lectured to by a state sovereign wealth fund 100% of whose primary revenues are generated by oil development.”The fund said it is following its Council on Ethics’ recommendations in making the decisions. It listed the council’s reasons for its outlook for the four oil sands companies individually but the four summaries of reasons were almost identical.In each case, the council said the producer should be excluded “due to an unacceptable risk that the company is contributing to or is itself responsible for actions or omissions which, at the aggregate company level, lead to an unacceptable level of greenhouse gas emissions.”It added each company has “a substantial output of oil from oil sand [sic] resources in Alberta, Canada,” and declares that such production results in “far higher greenhouse gas emissions than the global average.”It says the companies have no specific plans to reduce emissions to an acceptable level “within a reasonable period of time” and adds their GHG emissions are not subject to a regulatory regime as stringent as the European Union GHG emissions trading system.Alberta Energy Minister Sonya Savage said Norges Bank’s decision to blacklist four Canadian energy companies is “poorly informed and highly hypocritical.”“Canada’s energy producers have some of the highest environmental, social and governance standards [ESG] in the world,” she said in an email.Savage added that Alberta-based companies are doing their part with active strategies to reduce emissions.“When it comes to the environment, Alberta’s overall average oil sands emission intensity has decreased 19% from 2011 to 2017 alone, with further reductions anticipated in the coming years through industry led innovation.”The Canadian Association of Petroleum Producers criticized the bank’s move, noting that the industry is making environmental progress as the country’s leading investor in environmental protection and innovation.“Attempts to stifle Canadian production by restricting financing can have only one effect; countries with lower environmental standards — and in many cases lower social, human rights and governance standards — will fill the void,” said association CEO Tim McMillan.The Canadian oil companies were not immediately available for comment.All are on record as saying they have reduced GHG emission intensity in recent years and some have set targets for more reductions.Suncor and Cenovus have said they will reduce emission intensity per barrel by 30% by 2030 and Cenovus has said it will aim for zero GHG emissions by 2050.Canadian Natural has pledged to work toward a zero-emissions target without giving a specific date, using technology to improve efficiency and earning credits through its carbon capture and storage operations.Imperial says it reduced the carbon intensity of each oil sands barrel by more than 20% between 2013 and 2018, and is developing technologies that could reduce intensity by 25% to 90% for future oil sands production.Norges Bank says it’s the first time that GHG emissions have been used as the reason for excluding companies on ethical grounds.However, it has warned since 2017 that the Canadian oil sands producers could be excluded because their emissions are higher than the global average.“One of the largest investors in the world is saying the oil sands emperors have no clothes when it comes to action on climate change, so they’re out,” said Greenpeace Canada senior energy strategist Keith Stewart in an email.“This is the way the world is heading.”The investment exclusion comes as oil sands producers are cutting spending plans, salaries, production and dividends because of a dramatic decline in prices for their products as well as limited pipeline capacity to transport it. Global insurers’ focus on ESG will impact energy sector: report Downtown Calgary with River skyline` jewhyte/123RF Study: Racial diversity stagnated on U.S. corporate boards Canadian Press Prime Minister Justin Trudeau says news that one of the world’s largest investment funds will exclude four Canadian oil sands producers from consideration for investing is part of a continuing shift in global attitudes for which oil companies will have to adjust.On Wednesday, Norges Bank Investment Management, which manages Norway’s sovereign wealth fund, announced it would stop investing in Calgary-based Canadian Natural Resources Ltd., Cenovus Energy Inc., Suncor Energy Inc. and Imperial Oil Ltd. after concluding they produce unacceptable levels of greenhouse gas emissions. Related news Keywords Investment funds,  ESG Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

Take a break with University Libraries Pause for Paws finals events

first_img Instagram Twitter 100% scientifically accurate. Dog Personality Quiz Pawffice Hours Pet Media Recs Zoom in Take a study paws: April 12 – 23 from 1:30 – 4:00 p.m. Check out our media guide Cutescroll through these petfluencers. Why aren’t our pets famous yet? Take the quiz! Social Takeovers Published: April 8, 2021 Spring semester is quickly coming to an end, and finals are nearly upon us. We bet that you could use a paws to catch your breath (see what we did there).We’re bringing back Pause for Paws, a series of virtual pet programming for CU Boulder students in need of some extra pawsitivity in the coming weeks. Get to know the libraries’ pets and humans for the rest of the semester.Join librarians and their pets for Pawffice Hours, where students can Zoom with librarians and meet their furry family members. We invite you and your own furry friends to join us. We’ll casually chat about the pleasure pets bring especially in stressful times. You’ll also have the opportunity to demonstrate your pet trivia knowledge. Please drop-in any time for a pause in your studies, April 12 – 23 from 1:30 – 4:00 p.m.On April 12, the libraries’ pets are taking over the CU Boulder Libraries’ social media accounts! Look for pet-themed media, inspiration and advice from the home offices of librarians and petfluencers. Follow us on Instagram and Twitter!In need of some serious silliness? Take our Dog Personality Quiz to find out what breed of dog you belong to.CU Boulder librarians have also curated a series of media that dives deep into pet-obsessed American culture. Explore ebooks on cats and dogs, live pet cams and select videos to stream from our collections. Here you’ll also find links to podcasts on all things pets, calming music, apps and more.last_img read more