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☆ Chubb is 'ideal fit' for Warren Buffett's investment style, says Deutsche Bank
▼ + stars: | 2024-05-16 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's purchase of a 6.4% stake in Chubb makes perfect sense as the insurer checks all the boxes of the Oracle of Omaha's investment criteria, according to Deutsche Bank. "We believe that Chubb is an ideal fit for Warren Buffett's investment philosophy, characterized by high-quality business with strong [returns on equity], a robust economic moat, a proven track record of compounding returns, and a distinguished management team," Deutsche Bank analyst Cave Montazeri wrote in a note to clients. Buffett's Berkshire Hathaway unveiled a $6.7 billion stake in Zurich-based Chubb in a new regulatory filing, ending months of speculation over the identity of the secret stock pick. Deutsche Bank said Chubb has a disciplined approach to underwriting and capital allocation and, in the near term, should benefit from earned pricing above loss costs, strong investment income and growth in its international operations. CB ALL mountain Chubb Deutsche Bank has a buy rating on Chubb and a 12-month price target of $278, implying a 10% gain from Wednesday's close of $252.97.

Persons: Warren Buffett's, Chubb, Warren, Cave Montazeri, Berkshire Hathaway, Montazeri, — CNBC's Michael Bloom Organizations: Oracle, Deutsche Bank, Berkshire, Securities and Exchange Commission, Chubb Deutsche Bank, ISI, Alleghany Corp Locations: Zurich, U.S, Omaha, Berkshire

☆ Common contaminants linked to accelerated weight gain in children
▼ + stars: | 2023-10-19 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

The research network aims to examine the lifetime impact of exposure in the womb to chemical contaminants in air, water and food. Both DDT and HCB contamination in people occurs “mainly through bioaccumulation in the food chain via fish, fish products, meat (and) dairy products,” Montazeri said. The July 2022 report also found PFAS exposure was sufficiently associated with decreased infant and fetal growth as well as decreased antibody response to vaccines in both adults and children. Pregnant people can take steps to reduce their exposure to various chemicals in commercial products, food and water. “Phthalates and phenols come from plastics and personal care products,” Montazeri said.

Persons: ”, Parisa Montazeri, “, Montazeri, Leonardo Trasande, HCB, ” Montazeri, Trasande Organizations: CNN, Barcelona Institute, Global Health, BMI, NYU Langone Health, Environmental, US Centers for Disease Control, CDC, US Environmental Protection Agency, National Academies of Sciences, Engineering, Medicine, Getty, NYU’s Grossman School of Medicine, National Sanitation Foundation Locations: Spain, United States, PFAS

☆ The top battle-tested and defensive stocks to buy in an uncertain world, according to analysts
▼ + stars: | 2023-10-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Uncertainty reigns, but Wall Street analysts named a wide range of stocks this week that they believe are battle-tested buying opportunities. They include: Mattel , CBOE , Marsh & McLennan, Warner Music Group and O'Reilly Automotive. CBOE "A Strong Defensive Play In Uncertain Times," Piper Sandler analyst Patrick Moley headlined a report earlier this week devoted to CBOE. Warner Music Group Warner Music shares are down 7.5% this year, but investors should buy the dip, according to Deutsche Bank. Marsh & McLennan — Deutsche Bank, buy rating "A Defensive Stock with Growth Characteristics.

Persons: Piper Sandler, Patrick Moley, Moley, Piper, CBOE, Ben Black, Black, Marsh, McLennan, Cave, Montazeri, O'Reilly, Mattel, Morgan Stanley, Read Organizations: Street, CNBC, Mattel, McLennan, Warner Music Group, O'Reilly Automotive, Warner Music Group Warner Music, Deutsche Bank, Warner Music, Marsh, Deutsche, MMC, — Citi, McLennan — Deutsche Bank, Disney Locations: Marsh, 4Q23

☆ Iran's 'death committee' president unyielding in defence of clerical rule
▼ + stars: | 2023-01-17 | by ( Parisa Hafezi | ) www.reuters.com time to read: +7 min

Raisi, then deputy prosecutor general for Tehran, was a member of the capital's death committee, according to Amnesty. In 2016, another member of the Tehran "death committee" said, "We are proud to have carried out God's order,” state media reported. "Raisi has been brought up as president for a few reasons, including his brutality, loyalty, and lack of conscience. SANCTIONED BY U.S.Raisi was born in 1960 to a religious family in Iran's northeastern Shi'ite Muslim city of Mashhad. Khamenei, not the president, has the final say on all major policy under Iran's dual political system split between the Shi'ite clerical establishment and the government.

☆ U.S. slaps sanctions on Iran officials over protest crackdown
▼ + stars: | 2022-12-21 | by ( Daphne Psaledakis | ) www.reuters.com time to read: +2 min

[1/2] A woman chats during a protest against gender-based violence in Iran, in front of the United Nations Children's Fund (UNICEF) office in San Francisco, California, U.S., November 30, 2022. REUTERS/Amy OsborneWASHINGTON, Dec 21 (Reuters) - The United States imposed sanctions on Iranian officials on Wednesday, including the prosecutor general and key military officials, stepping up pressure on Tehran over its crackdown on protests. The move is the latest Washington response to the Iranian crackdown on unrest after the death of young Iranian Kurdish woman Mahsa Amini in morality police custody in September. The U.S. Treasury Department in a statement said it imposed sanctions on Mohammad Montazeri, Iran’s prosecutor general, accusing him of directing courts in September to issue harsh sentences to many arrested during protests. Washington also imposed sanctions on two senior officials of Iran’s Basij Resistance Forces, a militia affiliated with the Revolutionary Guards that has been widely deployed during the crackdown, and two Islamic Revolutionary Guard Corps (IRGC) officials.

CNN —United Nations member states have removed Iran from a key UN women’s rights group just months after it joined. The Commission is the premier UN body for promoting gender equality and empowering women. Iran condemned the US resolution, calling it an “illegal request” and said it weakens the rule of law in the United Nations. Iran had only just begun its four-year term on the 45-member Commission on the Status of Women – which was created to advocate for gender equality globally – after being elected to the body in April. Reacting to news of Iran’s removal from the body, Louis Charbonneau, UN director at Human Rights Watch said it was a “welcome step,” but remained a “far cry” from true accountability.

She died in hospital three days after being arrested by the country's morality police for allegedly breaking its strict dress-code laws. However, Iran's main state media agencies haven’t covered the remarks, potentially signaling they were not sanctioned by the political establishment. The morality police have not been prominent on the streets of Tehran and other cities for roughly two months. The United States was similarly skeptical that Iran is loosening its hijab laws, according to a senior Biden administration official. They said that it was possible the announcement was made to diminish attendance participation in the three days of strikes this week.

☆ Iran morality police: Is this the end for the regime's notorious force?
▼ + stars: | 2022-12-05 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

CNN —An Iranian official’s comment signaling that the country’s notorious morality police had been shut down has raised more questions than answers. The attorney general was quoted by an Iranian state media outlet as saying: “Morality police have nothing to do with the judiciary. It was abolished from the same place it was launched.”It is possible the comment was misinterpreted, and the tone from state media quickly changed. On Sunday, state media was keen to downplay Montazeri’s comments, saying that the morality police does not fall under the authority of the judiciary. Notorious for terrorizing citizens as they enforce the country’s conservative rules, the morality police have been the main coercive tool implementing Iran’s hijab law.

☆ Iran's state media denies abolition of 'morality police' as three-day strike begins
▼ + stars: | 2022-12-05 | by ( Natasha Turak | ) www.cnbc.com time to read: +7 min

Atta Kenare | Afp | Getty ImagesSome Western media outlets are facing backlash from Iranian activists over headlines printed Sunday saying that Iran was abolishing its "morality police." Many Iranian anti-government activists now feat it will distract from three days of major strikes around the country. What's more, the higher branches of Iran's government have not confirmed it, and Iranian state media has denied any abolition of the morality police. "In reality morality police have been inactive since protests started, but there is no substantive news on their future." "This disinfo was propagated today to distract media attention from the 3 days of major protests in Iran which begin tomo.

☆ Iran's attorney general signals that morality police could be 'abolished'
▼ + stars: | 2022-12-04 | by ( Mithil Aggarwal | ) www.nbcnews.com time to read: +4 min

Iran‘s Attorney General said Saturday that the country’s controversial morality police will be “abolished,” local media reported, amid ongoing nationwide protests. Montazeri's brief and unscripted comment came in response to a question about “why the morality police were being shut down,” the outlets reported. Iran’s Interior Ministry and police have not commented on the status of the morality police. Amini had allegedly failed to fully cover her hair and defied the country’s strict dress codes when she was arrested in Iran’s capital, Tehran. Police had said Amini died after she fell ill and slipped into a coma, but her family has said witnesses told them officers beat her.

☆ Iran Abolishes Morality Police, Considers Changing Hijab Laws, Official Says
▼ + stars: | 2022-12-04 | by ( David S. Cloud | ) www.wsj.com time to read: 1 min

Iran’s attorney general said the country had disbanded its so-called morality police and is considering altering the requirement that women cover their heads in public, a move that analysts said was aimed at peeling away support for antigovernment protests. Mohammad-Jafar Montazeri outlined the steps Saturday, saying the law requiring veils, known as hijabs, was under review by Iran’s Parliament and judiciary, and that the morality police had been abolished, according to government-run news agencies.

☆ Iran Disbands Morality Police, Considers Changing Hijab Laws, Official Says
▼ + stars: | 2022-12-04 | by ( David S. Cloud | ) www.wsj.com time to read: 1 min

CNN —A top Iranian official has said that the nation’s mandatory hijab law is being reviewed, as state media played down the same official’s claim that the country’s much-feared morality police force had been “abolished” amid ongoing protests. Montazeri was also quoted as saying on Saturday that Iran’s morality police had been “abolished,” but Iranian state media strongly pushed back on those comments, saying the interior ministry oversees the force, not the judiciary. The wearing of a hijab in public is currently mandatory for women in Iran under strict Islamic law that is enforced by the country’s so-called morality police. Her death on September 16 touched a nerve in the Islamic Republic, with prominent public figures coming out in support of the movement, including top Iranian actor Taraneh Alidoosti. “But no official of the Islamic Republic of Iran has said that the Guidance Patrol has been shut,” Al-Alam said Sunday afternoon.

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