US — #WeeklyAddress September 18 – September 24: Trump still attacking “fake news” media for reporting on Russian election interference

first_img News United StatesAmericas WhatsApp blocks accounts of at least seven Gaza Strip journalists Organisation June 3, 2021 Find out more June 7, 2021 Find out more Follow the news on United States to go further Trump denounces Russia investigation as “Fake News” On Friday, September 22, President Donald Trump tweeted at 5:44am: “The Russia hoax continues, now it’s ads on Facebook. What about the totally biased and dishonest Media coverage in favor of Crooked Hillary?” At 6:26am he tweeted: “The greatest influence over our election was the Fake News Media “screaming” for Crooked Hillary Clinton. Next, she was a bad candidate!” These tweets followed the news that Facebook released thousands of ads linking Russian companies to congressional committees as part of the investigation into Russian interference in the 2016 election. Trump maintains the belief that Russian meddling in the 2016 election did not happen; the CIA, NSA, FBI, and Office of the Director of National Intelligence have all concluded that Russia interfered with the 2016 election. Sean Spicer threatens reporter who emailed him questions On Thursday, September 21, former White House Press Secretary Sean Spicer threatened to report Axios AM reporter Mike Allen to “the appropriate authorities” after Allen emailed Spicer asking for information to use in an article. The article Allen was working on speculated that the FBI was interested in notebooks Spicer kept, detailing his time in the White House. When Allen, who claims to be a close friend of Spicer, texted him for more information, Spicer replied “Mike, please stop texting/emailing me unsolicited anymore…Should you do it again I will report you to the appropriate authorities.” The former Press Secretary was criticized heavily for his inflammatory statements against the press, from calling credible articles “fake news” to accusing reporters of “deliberately false reporting”. Fox News host wants reporting leaked information to be illegal On Wednesday, September 20, Fox News host Julie Banderas stated on air that reporting on top-secret information should be “illegal,” a claim that would make it impossible for reporters to cover stories based on information given to them by whistleblowers. During Fox News’ segment “Happening Now”, Banderas questioned her guest, reporter Howard Kurtz, on reporters’ ability to use classified information. In their discussion, she said: “Where do these media organizations start to take responsibility for meddling in our U.S. government? This evidence is top secret. It’s illegal to leak this stuff. It should be illegal to report on it if you’re reporting on top-secret information.” The topic of the segment discussed leaked information from the Justice Department indicating that Special Investigator Robert Mueller might indict former Trump campaign chairman Paul Manafort for his alleged role in Russian interference with the 2016 election. Court revives Rolling Stone defamation suit On Tuesday, September 19, the Second Circuit Court of Appeals decided that Rolling Stone can be sued for defamation over the infamous 2014 article on an alleged fraternity gang rape at University of Virginia. The article, written by Sabrina Rubin Erdely, was retracted after inconsistencies with the story appeared. While the article did not use the perpetrators’ real names, they claim in their lawsuit that enough information was given to deduce their identities. There has been a trend in lawsuits against reporters, media outlets, and companies for their stories. Last Week Tonight with John Oliver is currently fighting a defamation lawsuit from CEO Robert Murray over a critical segment on Murray Energy Corporation. Hollywood Reporter sued for defamation over Sony hack article On Wednesday, September 20, Nicole Basile filed a lawsuit against the Hollywood Reporter and parent company Eldridge Companies for defamation. The suit claims that an article, written by Gregg Kilday and Tatiana Siegel in March of 2014, falsely implicated her as the perpetrator of the infamous 2014 Sony hack. Over the span of several weeks in 2014, a group called the Guardians of Peace leaked unreleased movies and other valuable insider information from Sony. Shortly after the article was published, the FBI announced that the North Korean government was responsible for the hack as retaliation for The Interview, whose plot was the assassination of Kim Jong Un. Basile is suing Sony for five million USD. The United States ranks 43rd out of 180 countries in RSF’s 2017 World Press Freedom Index after falling 2 places in the last year. For the latest updates, follow RSF on twitter @RSF_en. September 25, 2017 US — #WeeklyAddress September 18 – September 24: Trump still attacking “fake news” media for reporting on Russian election interference Below are the most notable incidents regarding threats to press freedom in the US during the week of September 18 – September 24: Receive email alerts RSF_en Facebook’s Oversight Board is just a stopgap, regulation urgently needed, RSF says NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say News News News Help by sharing this information United StatesAmericas April 28, 2021 Find out morelast_img read more

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REIQ Gold Coast chairman shares property market outlook

first_imgAn aerial view of the Surfers Paradise skyline.WOW! Our Commonwealth Games were amazing.The Games well and truly put the Coast in the global spotlight and what is really exciting is that the research from previous events like Glasgow and London show the economic benefits will flow to the city for many years to come.Now, what’s the outlook for the Gold Coast property market?Our population is now around 580,000 people and is growing by around 10,500 people a year.This means, based on the average household size of 2.6 people, that the city needs about an extra 4000 dwellings a year, simply to cater for that growth.Andrew Henderson.More from news02:37International architect Desmond Brooks selling luxury beach villa17 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoDevelopers and builders a struggling to keep up with demand in the city.There were only 2500 sales of vacant land last year. Rental vacancy rates are extremely low, running at less than two per cent across the city.In recent months investors have returned to the Gold Coast market, especially in the northern suburbs.This is because, unlike the southern capitals, our property prices are not over-inflated.It is also due to the fact there has been an easing in the lending conditions of the banks and continued confidence about the market.Added to that, there are billions of dollars of quality investment and development either planned or already under way in the city (as I have detailed in a previous column).All of these factors contribute to making the Gold Coast property market a very desirable place to invest at present.And it’s no surprise to discover that Gold Coast agents are reporting strong levels of buyer demand, shorter selling periods, reduced supply and upward pressure on sale price levels.—Real Estate Institute of Queensland Gold Coast zone chairman Andrew Hendersonlast_img read more

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Nusseibeh, Dijkstra extend 300 Club ‘welcome’ to BlackRock

first_imgSaker Nusseibeh, CEO of Federated Hermes International, and Lars Dijkstra, CIO of Kempen Capital Management, have responded to BlackRock CEO Larry Fink’s recent annual letter to corporates on behalf of the 300 Club, a group of investment professionals seeking to challenge thinking and behaviours in the investment industry.In their response, published on the 300 Club’s website, Nusseibeh and Dijkstra extend a “warm welcome” to BlackRock as a new member of “the movement that has been working for several years to fundamentally change the investment value chain from salesmanship, which is the principal driver for many asset managers, to stewardship”.At the same time, they set out several steps that BlackRock – and others – could take to join the ranks of those implementing what Nusseibeh and Dijkstra referred to as “The New Active” philosophy of sustainable wealth creation.These range from aligning the interests of portfolio managers with those of asset owners and companies, for example by personally co-investing with clients, to making sustainable wealth creation and stewardship the objective rather than “minor outperformance of an index of offering the cheapest index fund”.  “Let’s not waste this revelation by talking, instead let’s act.”Saker Nusseibeh (left), CEO, Federated Hermes International, and Lars Dijkstra, CIO of Kempen Capital Management on behalf of the 300 ClubPublished last month, Fink’s letter to CEOs informed them that BlackRock was placing sustainability at the centre of its investment approach, and that Fink believed “we are on the edge of a fundamental reshaping of finance” as investors gained a better understanding of the implications of climate risk.It came shortly after BlackRock joined Climate Action 100+, the collaborative engagement initiative launched in 2017 that now counts more than 370 investors as members, having previously stuck to direct engagements with companies on its own.300 Club addresses Larry FinkLetter to Larry Fink – Welcome BlackRockIn your annual letter to corporates you argue that the financial world is on the eve of a profound reorientation. We can’t tell you how pleased we are that BlackRock, with its leading market position and its undoubted clout, is now joining the movement that has been working for several years to fundamentally change the investment value chain from Salesmanship, which is the principal driver for many asset managers, to Stewardship. The presence of BlackRock in our ranks signifies a tipping point in asset management and we extend to you a warm welcome to the movement!As you wrote, ‘we will now assess environmental, social and governance (ESG) metrics with the same rigour as traditional measures such as liquidity and credit risk’. Some of us have been advocating this shift to a more long-term approach to investment for decades but we have seen over the past five years many asset managers move forwards, fully integrating ESG-metrics into their daily investment processes in one form or another. It has been very clear for us and them that the future risk and return of companies are critically dependent on good governance, ambitious environmental policies and social considerations.Our philosophy can be summarized as: only when sustainable wealth creation – what we call ‘The New Active’ – becomes the new normal, will we be able to reduce the risks of value destruction to create truly excellent long-term returns for investors and value for all stakeholders (clients, employees, suppliers, communities and society).How can BlackRock and others join The New Active? First and foremost: align the interests of portfolio managers with those of asset owners and wealth creators (the companies). For example, by personally co-investing with clients and by making sure the incentive structures of companies are aligned with long-term value creation, not short-term share price movement or fund flows;Ensuring that the incentive structures of asset managers are based on long-term active stewardship and sustainable capitalism instead of short-term salesmanship;Work with high conviction. To be able to really create value for all stakeholders, active portfolio managers need to focus on a limited number of companies. Being an active owner with a deep dialogue with company executives requires bandwidth. Creating positive change for all stakeholders means commitment and dedication to dialogue between the core-decision makers on both sides;Focus! Make the objective sustainable wealth creation and Stewardship instead of minor outperformance of an index or offering the cheapest index fund. Do that well and long-term alpha will inevitably follow.Practice inclusion with Stewardship and engagement. Consider exclusion as a last resort. Creating tailor-made exclusions based on external ESG-ratings without a proven track record is the easy way out. By engaging and really trying to change a company you’ll have much more impact.Have long-term commitment and be an active owner. Engage deeply with companies about their corporate strategy, capital allocation and sustainability risks and opportunities. In our experience, the quality of our arguments are more important than the size of our position. Bigger is not better – better is better.The financial world is on the eve of a profound reorientation. But let’s not waste this revelation by talking, instead let’s act. Some of us have already started. We’re committed to creating investment alpha and sustainable absolute returns for our clients in a fully aligned way. Our industry needs to transition to The New Active: to long-term stewardship by helping both our clients and the companies we invest in focus on sustainable wealth creation.Saker Nusseibeh, CEO, Federated Hermes International, and Lars Dijkstra, CIO of Kempen Capital Management. Both authors are members of the 300 Club. “The financial world is on the eve of a profound reorientation,” write Nusseibeh and Dijkstra. “But let’s not waste this revelation by talking, instead let’s act. Some of us have already started.”last_img read more

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