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His supporters have dubbed Marwan Barghouti the “Palestinian Nelson Mandela” in the hope that after more than two decades behind bars, he can emulate the late South African leader and make the journey from prisoner to national unifier. At that time, Palestinian militants carried out deadly suicide bombings and shootings inside both Israel and the Palestinian territories, targeting buses, restaurants and hotels. “He’s someone who creates something out of nothing, and he believes in education for the Palestinian people,” Arab Barghouti added. Palestinian protesters wave flags and placards bearing portraits of Fatah leader Marwan Barghouti in 2015. “Ami Ayalon and others have said Marwan Barghouti may be the one leader who can be an effective partner for peace,” he said.

Persons: Yasser Arafat, Marwan Barghouti, Nelson Mandela ”, Ami Ayalon, Mahmoud Abbas, Yahya Sinwar, “, ”, Arab, Barghouti, Father Germanos, masterminding, Arafat, Fatah, William Campbell, Marco Longari, Abbas, ” Mira Al, he’s, Osama Hamdan, Abbas Momani, Ayalon, Shin, I’m, Sen, Chris Van Hollen, “ Ami Ayalon, Israel, Gilad Shalit, They’re, Benjamin Netanyahu’s, Barghouti’s, Fadwa, ‘ I’m, ’ Organizations: Bank, West Bank, Palestinian Center, Policy, Survey Research, Hamas, American Embassy, NBC News, U.S . Office, Palestinian Affairs, Prosecutors, European Council, Foreign Relations, Brigades, Fatah, ., “, Getty, West, Palestinian Authority, State Department, Senate Foreign Relations, NBC, National Organization of Locations: RAMALLAH, Jerusalem, Ramallah, Israel, Gaza, American, Tel Aviv, Fatah, West Bank, Kobar, Aqsa, AFP, Palestinian, East Jerusalem, ”, Palestine

☆ The Baltimore Bridge cargo ship’s crew has been stuck on board for 7 weeks. What life is like on the Dali vessel
▼ + stars: | 2024-05-18 | by ( Holly Yan | ) edition.cnn.com time to read: +10 min

Mark Nestlehutt boarded the Dali cargo ship a week after it crashed into a Baltimore bridge, anxious questions emerged among the 21 crew members:“When will I get off the ship? When will I be able to get home?”More than a month later, crew members still don’t know the answers. But the FBI has only returned some of the crew members’ SIM cards, he said. They’re also assisting with the salvors.”The Singaporean-flagged Dali cargo vessel is shown on March 26, hours after it destroyed Baltimore's Francis Scott Key Bridge. Their one-month visas expired during the nearly two months they’ve been trapped on the Dali, Duan said.

Persons: Mark Nestlehutt, They’ve, Dali, Francis Scott Key, ”, Gwee Guo Duan, they’ve, Philip C, Schifflin Jr, ” Schifflin, Nestlehutt, “, Duan, Dave Heindel, Bro Chen Chuanyi, ” Don Marcus, Darrell Wilson, They’re, Baltimore's Francis Scott Key, Julia Nikhinson, ” Wilson, Wilson, Duan –, can’t, “ They’re, ” Duan, nonessential, Schifflin, Gloria Pazmino Organizations: CNN, Francis Scott Key Bridge, FBI, Singapore Maritime Officers ’ Union, Center, Mariner, Federal Register, Seamen’s Church Institute, Singapore Organisation of Seamen, International Union, ”, ITF, International Organization of Masters, Synergy Marine, –, Marine, Synergy, National Transportation Safety, Walmart Locations: Baltimore, Lankan, United States, Dali

☆ Here's what beneficiaries need to know as the Social Security Administration phases in new policies for overpayments
▼ + stars: | 2024-04-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Social Security beneficiaries who owe money to the Social Security Administration may see much lower default withholding rates from their monthly checks, thanks to new policies that are going into effect. As of March 25, the Social Security Administration no longer plans to collect 100% of a total monthly Social Security benefit payment to recoup the money beneficiaries owe due to overpayment of benefits. But there may be a short period where beneficiaries are still affected by the old policy, the Social Security Administration announced on Friday. If that happens, affected beneficiaries should call the Social Security Administration at 1-800-772-1213 to lower their withholding rate, the agency said. Under the new leadership of Commissioner Martin O'Malley, the Social Security Administration is working to curb the burden to affected beneficiaries.

Persons: overpayments, David Camp, it's, Camp, Martin O'Malley, O'Malley Organizations: Social Security, Social Security Administration, Finance, Social, Security, National Organization of Social Security, Representatives

[1/2] A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. The U.S. banking sector was in turmoil in the spring as Silicon Valley Bank abruptly collapsed after grappling with large amounts of unrealized losses spurred by rapidly rising interest rates. She said reinflation was a risk, especially if banks do not correctly anticipate interest rate moves and adjust their portfolios appropriately. That led to unrealized losses across the sector coming under closer scrutiny. Global banking and securities regulators are also still grappling with the fallout from the collapse of Credit Suisse Group (CSGC.UL).

Persons: Sarah Silbiger, Ana Arsov, Arsov, reinflation, ” Arsov, Tim Wennes, Paul Servais, Paritosh Bansal Tatiana Bautzer, Megan Davies, Lisa Shumaker, David Gregorio Our Organizations: El Progreso Market, Washington , D.C, REUTERS, Reuters, Banco Santander, Global, Credit Suisse Group, UBS, Jean, International Organization of Securities Commissions, Financial, Swiss, Thomson Locations: Mount Pleasant, Washington ,, U.S, SVB

☆ More than 1 million are waiting for Social Security to process initial disability claims. The consequences are 'devastating,' lawmaker says
▼ + stars: | 2023-11-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

One Social Security disability applicant finally had a hearing scheduled for this month but did not live until the scheduled date, according to David Camp, interim CEO at the National Organization of Social Security Claimants' Representatives. While the patient sought help with 825 days left to live, Social Security wasted more than 500 days with its delays. From 2010 to 2022, claims for Social Security disability benefits declined by 37%, while claims for Supplemental Security Income, or SSI, fell by 49%, according to Camp. Eliminating that phase of the process could free disability determination services staff to work on initial disability claims and reduce backlog, she said. Increase funding for Social Security AdministrationCongressional Republicans have proposed a 30% federal budget cut, which would be "completely devastating" to the Social Security Administration, said Kerr-Davis.

Persons: Richard Stephen, Istock, David Camp, Linda Kerr, Davis, Kerr, Jennifer Burdick, Aleksandr Zubkov, Burdick Organizations: Getty, National Organization of Social Security, Representatives, Social Security, Social Security Administration, Consortium, Citizens, Force, Republicans, Davis, SSA

☆ Stock Exchange Regulators Back Global Climate-Reporting Rules
▼ + stars: | 2023-07-25 | by ( Rochelle Toplensky | ) www.wsj.com time to read: +5 min

Regulators of the world’s top stock exchanges gave their backing to the international climate-reporting standards framework Tuesday, adding momentum to efforts to establish the rules as the global baseline. The International Organization of Securities Commissions, known as Iosco, endorsed the International Sustainability Standards Board’s recently published climate reporting standard. While some businesses may be waiting to see the completed SEC climate reporting rules, it hopes the advantages of using a single standard worldwide outweigh any disadvantages of being more demanding than the SEC’s coming climate reporting rules. PREVIEWIt is now up to individual countries and jurisdictions to decide if and when they adopt the ISSB standards. “This is a hugely significant step towards a global baseline of sustainability reporting.

Persons: —, Jean, Paul Servais, Benoit Doppagne, “ Iosco, ”, Larry Bradley, Iosco, PwC, KPMG’s Bradley, “, Rochelle Toplensky Organizations: International Organization of Securities Commissions, International, U.S . Commodity Futures Trading Commission, Securities, Exchange, Zuma, SEC, U.S, EU, KPMG, Sustainable Business, Rochelle Locations: Japan, China, Britain, U.S, Australia, Canada, Hong Kong, Malaysia, New Zealand, Nigeria, Singapore, Glasgow

☆ Pro Take: Forget the SEC, International Climate Reporting Standards Could Become the Global Baseline
▼ + stars: | 2023-06-26 | by ( Rochelle Toplensky | ) www.wsj.com time to read: +8 min

New international sustainability reporting standards could fulfill their ambition in becoming the global baseline as the advantages of using a single standard worldwide may, for many companies, outweigh the disadvantages of being more demanding than the SEC’s coming climate reporting rules. On Monday, the International Sustainability Standards Board released its initial two reporting standards. PREVIEWDespite the strong demand for one standard, U.S. and European Union officials are each developing their own climate reporting regimes. It is now up to individual countries and jurisdictions to decide if and when they will adopt the ISSB standards. Sue Lloyd, vice chair of the International Sustainability Standards Board, at the launch of the inaugural sustainability standards.

Persons: Sue Lloyd, ”, Brian Moynihan, Lloyd, Um, Lysanne Gray, Eelco van der Enden, Jean, Paul Servais, Benoit Doppagne, Iosco, Unilever’s Gray, Rochelle Toplensky, Amplifications Iosco Organizations: Sustainability, Task Force, Sustainable Business, European Union, International Organization of Securities Commissions, Securities, Exchange Commission, U.S, Wall Street, Bank of America, London Stock Exchange, Asian Development Bank, Unilever, Alignment, Global, Initiative, Belgian Financial Services, Markets, FSMA, Zuma Press, Accounting, Rochelle, wsj.com Corrections, Amplifications Locations: EU, Australia, Canada, Japan, Hong Kong, Malaysia, New Zealand, Nigeria, Singapore, Glasgow, Monday’s, Egypt, Africa, Asia, U.S

☆ Global watchdog seeks action on 'too little, too late' corporate goodwill writedown
▼ + stars: | 2023-06-22 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, June 22 (Reuters) - Tougher accounting rules may be needed that force companies to write down goodwill faster and stop "overly optimistic" calculations, a global securities watchdog said on Thursday. Goodwill refers to the premium a company has paid for another company, above the net value of its assets. Too little, too late refers to companies suddenly slashing goodwill when major profitability issues emerge. IOSCO is an umbrella group for securities regulators from the United States, Canada, Latin America, Europe and Asia. Since the financial crisis, total goodwill of S&P 500 companies in the United States has more than doubled from $1.6 trillion in 2008 to $3.7 trillion in 2021, IOSCO said.

Persons: IOSCO, FASB, Huw Jones, Elaine Hardcastle Organizations: International Organization of Securities Commissions, European Union, Accounting, EU, ., Thomson, & $ Locations: United States, Canada, Latin America, Europe, Asia, Britain

☆ Analysis: Forex derivatives nudged out into the open as regulations increase costs
▼ + stars: | 2023-06-20 | by ( Laura Matthews | ) www.reuters.com time to read: +6 min

REUTERS/Dado Ruvic/IllustrationNEW YORK, June 20 (Reuters) - Foreign-exchange investors are moving more of their over-the-counter (OTC) derivatives trades to lookalike products on exchanges to avoid higher costs due to recent global regulations, helping inject transparency into a multitrillion-dollar market that is largely hidden from the public eye. The gradual behavioral change in FX derivatives trading is being caused by increasing margin and collateral costs, said Joe Midmore, chief commercial officer at OpenGamma, a derivatives analytics firm. OTC derivatives are privately negotiated contracts while cleared derivatives, though bilaterally negotiated, are booked with a clearinghouse such as a listed exchange. "They will also incur the operational, legal and custody costs of setting up margin facilities as well as the capital costs of posting margin," Houston said. "There is inherently risk involved in lots of people transacting derivatives with each other," said Riddle.

Persons: Dado Ruvic, Ben Feuer, Joe Midmore, ”, Michael Riddle, Paul Houston, Houston, ForexClear, James Pearson, Tom Arnold, Joe Spiro, Peter Vassallo, Riddle, Laura Matthews, Shankar Ramakrishnan, Megan Davies, Matthew Lewis Organizations: REUTERS, Societe Generale, Banking Supervision, International Organization of Securities Commissions, CME, CME Group, FX, Reuters Graphics British, Financial, ForexClear, BNP, Management, Thomson Locations: Saudi, New York, Hazeltree

☆ A Texas real-estate investor created a tiny home village where sites rent for $700. Its residents get a slice of the American dream, and have formed a tight-knit community. See inside.
▼ + stars: | 2023-06-19 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

The village has 13 lots that cost renters, who bring their own tiny homes, around $700 each month. He encountered an array of tiny homes, non-mortgaged houses or cabins that are typically under 600 square feet. The waitlist for a spot in Lake Dallas Tiny Home Village is nearly a dozen long. While each resident's home is uniquely built, several were constructed by either Indigo River Tiny Homes or Decathlon Tiny Homes. The community garden at Lake Dallas Tiny Home Village.

Persons: Terry Lantrip, —, Terry Lantrip's, Lantrip, Alcynna Lloyd, Alcynna Lloyd Tiny, Alcynna Lloyd Lantrip, There's Organizations: Service, Urban, Dallas, Lake Dallas Tiny Home, The, Fort, North Texas Tiny House, Residents, National Organization of Alternative, Dallas Tiny Home Locations: Texas, Lake Dallas, Lewisville Lake, Lantrip, Dallas, The Dallas, Fort Worth, North, Lake, Chicago, Bridgeton , New Jersey, Albuquerque , New Mexico

☆ Global regulators to target crypto platforms after FTX crash
▼ + stars: | 2022-11-24 | by ( Huw Jones | ) www.reuters.com time to read: +3 min

LONDON, Nov 24 (Reuters) - The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such 'conglomerate' platforms will be the focus for 2023, the new chair of global securities watchdog IOSCO said in an interview. Jean-Paul Servais said regulating crypto platforms could draw on principles from other sectors which handle conflicts of interest, such as at credit rating agencies and compilers of market benchmarks, without having to start from scratch. Cryptoassets like bitcoin have been around for years but regulators have resisted jumping in to write new rules. "Is it the case for the crypto market? "For investor protection reasons, there is a need to provide additional clarity to these crypto markets markets through targeted guidance in applying IOSCO’s principles to crypto assets," Servais said.

HONG KONG, Nov 9 (Reuters Breakingviews) - As automakers hesitate to invest in legacy motors, China’s Geely and France’s Renault (RENA.PA) are teaming up to supply gas guzzlers and more to rivals. Founder Li Shufu wants new-energy vehicles to account for 50% of Hong Kong-listed Geely Automobile’s (0175.HK) sales next year. Renault boss Luca de Meo says European car sales at the company he leads will be 100% electric by 2030. By hitching itself to Renault, Geely can shift gears faster to make the most of the window of opportunity. Together, they sold nearly 5 million cars last year, most of which were internal combustion engines.

☆ COP27: Regulators plan closer scrutiny of carbon markets
▼ + stars: | 2022-11-09 | by ( Huw Jones | ) www.reuters.com time to read: +3 min

LONDON, Nov 9 (Reuters) - Global securities regulators proposed closer scrutiny of carbon trading on Wednesday to deepen liquidity and prevent greenwashing in markets used by companies to offset their emissions to drive the transition to a net-zero economy. The International Organization of Securities Commissions (IOSCO), which groups securities regulators from across the world, made recommendations to improve 'compliance' carbon markets, and asked whether regulators should be more involved in 'voluntary' carbon markets. Compliance refers to regulated markets for trading permits on exchanges like ICE and EEX with the EU emission trading scheme (ETS). The unregulated voluntary market refers to companies buying credits from emission reducing projects like renewable energy or planting trees to offset their own emissions. "Some vulnerabilities in voluntary carbon markets have thus far prevented these markets from scaling to their full potential, while others can be of concern for regulators in their efforts to counter the risk of greenwashing," IOSCO said.

☆ Puma CEO Gulden to become new Adidas CEO - manager magazin
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: 1 min

Climate change, Russia-Ukraine war hit global wine industry:OIV, article with imageRetail & Consumer · November 3, 2022Climate change and the Russia-Ukraine war are squeezing global sales and production in the $300 billion global wine industry, which is still recovering from the pandemic, said the International Organization of Vine and Wine (OIV).

☆ Florida Gov. Ron DeSantis wants schools to avoid indoctrination. But that's what education is.
▼ + stars: | 2022-10-18 | by ( Peshe Kuriloff | Peshe Kuriloff Recently Retired As A Professor Of Practice At Temple University In Philadelphia | Where She Coaches Teachers In Urban Schools. In Addition To Writing About Education Issues | ) www.nbcnews.com time to read: +6 min

But DeSantis and those around the country who are accusing teachers and schools of indoctrination are missing the obvious: All education is indoctrination to some degree, and whether you label school curricula education or indoctrination mostly depends on your point of view. The state’s Stop WOKE Act forbids instructors from teaching students that they should feel guilty about past injustices. In fact, the belief that education should impart certain values along with raw knowledge and skills motivated early advocates who saw universal public education as essential to democracy. Founders of traditional American public education like Horace Mann were committed to education as indoctrination in civic values. If Florida schools converted to such a system, perhaps DeSantis and anxious parents could learn to trust their children and put their minds at rest.

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