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☆ Commonwealth leaders say ‘time has come’ for discussion on UK slavery reparations
▼ + stars: | 2024-10-26 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

CNN —Commonwealth leaders, ending a week-long summit in Samoa, said on Saturday the time had come for a discussion on whether Britain should commit to reparations for its role in the transatlantic slave trade. The statement also made reference to “blackbirding”, a term for people from places including the Pacific Islands being deceived, coerced or kidnapped to work on plantations in Australia and elsewhere. Those opposed to reparations say countries should not be held responsible for historical wrongs, while those in support say the legacy of slavery has led to vast and persistent racial inequality. The joint statement did not mention what form reparations should take. Stefan Rousseau/Pool/ReutersStarmer told a press conference the joint statement did two things: “It notes calls for discussion and it agrees that this is the time for a conversation.

Persons: Keir Starmer, ”, blackbirding, Stefan Rousseau, Reuters Starmer, we’ve, Kingsley Abbott, Abbott Organizations: CNN, Commonwealth, Government, British, Caribbean Community, African Union, Reuters, Institute of Commonwealth Studies, University of London, Pacific Locations: Samoa, Britain, Australia, Tuvalu

☆ King Charles acknowledges 'painful' slavery past as calls for reparations intensify
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

APIA, Samoa — King Charles said Friday that the Commonwealth should acknowledge its “painful” history, as African and Caribbean nations push for reparations for Britain’s role in transatlantic slavery. “I understand from listening to people across the Commonwealth how the most painful aspects of our past continue to resonate,” Charles said in a speech to the summit. Opponents of reparations say countries should not be held responsible for historical wrongs, while those in favor say the legacy of slavery has led to vast and persistent racial inequality. There are different types of reparations, from financial payments and apologies to technology transfer and educational programs. “What the Ocean Declaration seeks to do and to say is that once your marine boundaries are fixed, they’re fixed in perpetuity,” Scotland told Reuters.

Persons: Samoa — King Charles, ” Charles, Keir Starmer, Frederick Mitchell, ”, Jacqueline McKenzie, Leigh Day, Patricia Scotland Organizations: Commonwealth, Government, Caribbean Community, African Union, CARICOM, BBC, Leigh, Reuters Locations: APIA, Samoa, Caribbean, Commonwealth, Britain, Bahamas, London, Americas, British, Dominica

☆ Leaders meet at Commonwealth summit with slavery reparations on agenda
▼ + stars: | 2024-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

APIA, Samoa — The leaders of the Commonwealth grouping of nations met on Thursday ahead of a summit in the South Pacific nation of Samoa that will feature talks on climate change and the question of reparations for Britain’s role in transatlantic slavery. More than half of the Commonwealth’s members are small nations, many of them low-lying islands at risk from rising sea levels caused by climate change. Among them is Tuvalu, whose climate change minister, Maina Vakafua Talia, urged the grouping to strive for the Paris Accord’s warming goal of 1.5 degrees C (2.7 degrees F), calling new fossil fuel projects a “death sentence” for his country. Island leaders are expected to issue a declaration on ocean protection at the summit, with climate change being a central topic of discussion. “Climate change is an existential threat,” Australian Foreign Minister Penny Wong told a press conference after a meeting with counterparts.

Persons: Samoa —, King Charles, Maina Vakafua Talia, ”, Penny Wong, ” King Charles III, Queen Camilla, Chris Jackson, Charles, Antonio Guterres, Fiame Naomi Mata’afa, Anthony Albanese, Keir Starmer, Starmer, Eric Phillips, Kingsley Abbott, Frederick Mitchell, ” Abbott Organizations: Commonwealth, Government, Getty, United Nations, Australian, Caribbean Community, African Union, London University’s Institute of Commonwealth Studies, BBC, CARICOM Locations: APIA, Samoa, Commonwealth, South Pacific, Tuvalu, Paris, Apia, Zambia, Britain, France, Portugal, Bahamas, Americas, Brazil, Caribbean

☆ Can markets make a comeback? That depends on tech earnings
▼ + stars: | 2024-04-23 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

The Nasdaq tumbled 2.1% on Friday as tech stocks plunged, marking its worst day since January 31. “US earnings updates this week will be key to see if they can keep topping expectations and buoying risk appetite in a higher-for-longer interest rate environment.”Tesla, Facebook-parent Meta, IBM, Microsoft and Alphabet all report first quarter earnings later this week. “Big Tech earnings may determine whether the stock market avoids its first four-week losing streak in two years,” wrote Chris Larkin, managing director of trading and investing at E*TRADE from Morgan Stanley on Monday. About 15% of S&P 500 companies have reported first quarter earnings, and nearly three-quarters of those companies have posted a positive earnings-per-share surprise. But investors are nervously waiting for the Magnificent Seven, those massive Tech stocks that carry an outsized portion of market weight, to report.

Persons: Monday’s, “, ”, They’re, Tesla, Chris Larkin, Morgan Stanley, aren’t, we’re, Dave Sekera, ” Taylor Swift’s, Apple Taylor Swift, Liam Reilly, Department ”, Post Malone, Laura He Organizations: CNN Business, Bell, New York CNN —, Nasdaq, BlackRock, Federal Reserve, Facebook, IBM, Microsoft, “ Big Tech, Tech, Companies, Nvidia, Apple, Big Tech, Bank of America, Morningstar, Department, Spotify, Poets Department, Amazon Music, Apple Music, EV, Tesla Locations: New York, Wells, China, Germany, United States, Tesla’s, Europe

☆ Taylor Swift’s new album shatters Spotify and other streaming records
▼ + stars: | 2024-04-22 | by ( Liam Reilly | ) edition.cnn.com time to read: +1 min

Swift’s latest album, “The Tortured Poets Department,” which dropped on Friday, became the most-streamed album on its first day across Spotify, Amazon Music, and Apple Music. Amazon and Apple also said Swift’s album broke records across their respective streaming platforms. “The album broke the record for biggest pop album of all time by first-day streams,” Apple Music said. Amazon Music reported “The Tortured Poets Department” had in just three days become the music service’s most-streamed album worldwide in its first week. Swift’s fourth rerecorded album, “1989 (Taylor’s Version),” also broke Spotify’s most-streamed artist in a single day record in 2023.

Persons: CNN — Taylor Swift, Department ”, Post Malone, ”, Swift, “ Organizations: CNN, Poets Department, Amazon Music, Apple Music, Spotify, Apple, Department

A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Google's James Kolotouros, who negotiated search distribution agreements with Android device makers and carriers, testified the agreements gave Google search exclusivity, and Google monitored compliance with them. Advertisers are not told their LTV, and Google uses "tunings" to adjust the price of ads, he said. Google's vice president and general manager of ads, Jerry Dischler, acknowledged that Google earned more than $100 billion in 2020 from search ads. Apple's (AAPL.O) senior vice president of services Eddie Cue praised Google's search and acknowledged under questioning that the smartphone maker had meetings with Microsoft and DuckDuckGo, which uses Bing searches, but found them inadequate.

Persons: Eric Gaillard, Google's James Kolotouros, Adam Juda, Joshua Lowcock, Jerry Dischler, Satya Nadella, Eddie Cue, Bing, John Schmidtlein, Google's, Diane Bartz, Marguerita Choy Organizations: REUTERS, U.S, Google, Department, GOOGLE, Verizon, Samsung, LTV, UM Worldwide, Microsoft, Apple, Nokia, Bing, Thomson Locations: WASHINGTON

A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Google's vice president and general manager of ads, Jerry Dischler, acknowledged that Google earned more than $100 billion in 2020 from search ads. GOOGLE'S DEFENSE NO. GOOGLE'S DEFENSE NO. GOOGLE DEFENSE NO.

Persons: Eric Gaillard, Sundar Pichai, Kevin Murphy, Apple, Joshua Lowcock, Jerry Dischler, Eddie Cue, Bing, John Schmidtlein, Google's, Jennifer Fitzpatrick, Diane Bartz, Marguerita Choy Organizations: REUTERS, U.S, Google, Justice Department, Verizon, Samsung, University of Chicago Booth School of Business, Microsoft, UM Worldwide, Nokia, Bing, GOOGLE, Core Systems, Thomson Locations: WASHINGTON

☆ Countries should mull slavery reparations despite complex legal claims - UN
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

The report stressed, however, that the difficulty in making a legal claim to compensation "cannot be the basis for nullifying the existence of underlying legal obligations". The notion of paying reparations or making other amends for slavery has a long history but the movement has recently gained momentum worldwide amid growing demands from African and Caribbean countries. The EU said in July that Europe's slave-trading past inflicted "untold suffering" on millions of people and hinted at the need for reparations for what it described as a "crime against humanity". The report concluded that states should consider a "plurality of measures" to address the legacies of enslavement and colonialism, including pursuing justice and reparations, and contributing to reconciliation. Reporting by Gabrielle Tétrault-Farber; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Duke, Duchess, Gilbert Bellamy, Antonio Guterres, Gabrielle Tétrault, Farber, Richard Chang Organizations: Protesters, British High Commission, REUTERS, Rights, United Nations, UN, EU, Thomson Locations: United Kingdom, Jamaica, Cambridge, Caribbean, Kingston , Jamaica, Africa

July 18 (Reuters) - The European Union (EU) said on Tuesday that Europe's slave-trading past inflicted "untold suffering" on millions of people and hinted at the need for reparations for what it described as a "crime against humanity". The idea of paying reparations or making other amends for slavery has a long history but the movement is gaining momentum worldwide. EU and CELAC agreed on one paragraph that acknowledged and "profoundly" regretted the "untold suffering inflicted on millions of men, women and children as a result of the transatlantic slave trade". It said slavery and the transatlantic slave trade were "appalling tragedies ... not only because of their abhorrent barbarism but also in terms of their magnitude". The CARICOM reparations commission "sees the persistent racial victimisation of the descendants of slavery and genocide as the root cause of their suffering today", the plan said.

Persons: Ralph Gonsalves, Saint Vincent, CELAC's, CELAC, Dutch King Willem, Alexander, King Charles, Marcelo Rebelo de Sousa, Catarina Demony, Belen Carreno, Andrew Gray, Grant McCool Organizations: European Union, EU, of, Caribbean, Caribbean Community, Thomson Locations: Portugal, Brazil, Caribbean States, Brussels, Grenadines, Dutch, Netherlands

☆ How the four-day workweek gained momentum — and could change the future of work
▼ + stars: | 2022-12-10 | by ( Anuz Thapa | ) www.cnbc.com time to read: +1 min

The idea of a four-day or shorter workweek is gaining momentum worldwide — a big thanks to the remote work boom during the Covid-19 pandemic. A recent study from 4 Day Week Global, a nonprofit group that has been conducting four-day week pilot programs in several countries, found that employees expressed satisfaction with their overall productivity and performance. "The idea of reducing work time has been around for quite some time," said Charlotte Lockhart, founder and managing director at 4 Day Week Global. We have thousands of companies around the world that are actually reducing work time in one way or another." Watch the video above to learn whether the four-day workweek is what working life will look like in the future.

☆ Spotify Wrapped 2022: Bad Bunny is the most popular artist worldwide
▼ + stars: | 2022-11-30 | by ( Scottie Andrew | ) edition.cnn.com time to read: +2 min

CNN —Maybe the year of the rabbit came early – Bad Bunny was Spotify’s most-streamed artist worldwide in 2022, his third year in a row. The Puerto Rican superstar once again dominated Spotify Wrapped, the streaming service’s yearly roundup of the artists and songs its users spent the year listening to. Bad Bunny was already a star, but this year proved to be a blockbuster for the “Moscow Mule” singer. His smash-hit album “Un Verano Sin Ti,” which has since been nominated for album of the year at the upcoming Grammys, was also Spotify’s most-streamed album worldwide this year. Harry Styles, pictured performing during the 2022 Coachella festival, is featured on this year's Spotify Wrapped.

☆ US lawmakers want to probe whether online advertising poses a national security threat
▼ + stars: | 2022-08-10 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

The Director of National Intelligence has been asked to assess the "foreign weaponization" of adtech data. US lawmakers have asked the Director of National Intelligence Avril Haines to investigate whether "foreign weaponization" of widely available adtech data poses a national security risk, a move that has the potential to deal a major blow to the online ad industry. The ODNI and the office of Chairman of the National Intelligence Committee Rep. Adam Schiff, who filed the amendment, didn't immediately respond to requests for comment. US government agencies themselves have used data from advertising auctions to track mobile phones. "Furthermore, brands — especially those with government contracts — may face a moral dilemma in funding an ecosystem that is deemed to be a threat to national security."

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