Should the government scrap the limits on skilled migrants coming to the UK?Jasmine Whitbread, chief executive of London First, says YES.People from the EU and around the world are critical to our economy – thousands of workers in financial services, construction, hospitality and professional services, each contributing £46,000 every year to our economy and supporting jobs. Share whatsapp For too long, employers have been hitting their heads up against a senseless, arbitrary cap, and it’s time for it to go.We can’t ignore how critical immigration is to every aspect of London life. Think about a typical working day in the capital. Drop the kids off at nursery. Grab a coffee before jumping on the tube. At lunch, pop out for a sandwich. Nursery calls, your child has fallen and you take them to A&E for a check-up. Get home, slump on the sofa and use online banking to pay a bill. At every stage, the work of immigrants is fuelling life in our city.We need a fair and managed immigration system, with the right controls, that enables employers to access talent from around the globe – both high and low-skilled. Otherwise, we risk London grinding to a halt.Read more: Major report recommends end to migration cap for highly skilled workersSteven Woolfe, independent MEP and president of the Blue Wave Conservative Movement, says NO.In the opening sequence to every episode of The Simpsons, Bart used to scribble a repeated message on the school chalkboard. This government should scribble on theirs: “immigration matters and needs controlling”. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoHealthyGemBaby Has Never Eaten Sugar Or Carbs, Wait Till You See Her TodayHealthyGemUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoVitaminewsShe Had No Clue Why The Crowd Started Cheering HerVitaminewsUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoBetterBe20 Stunning Female AthletesBetterBeUndoCleverstTattoo Fails : No One Makes It Past No. 6 Without LaughingCleverstUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndo Wednesday 19 September 2018 8:34 am Jasmine WhitbreadJasmine Whitbread is chief executive of London First and Steven Woolfe whatsapp DEBATE: Should the government scrap the limits on skilled migrants coming to the UK? Poll after poll says immigration matters to the majority of the public.It matters to those poorest in society, who are at risk of lower wages and suffer from higher house prices.It matters to immigrants’ home countries, which lose talented members of their own population and then need others to replace them. Three million have emigrated from Poland in past few years, which recently took in 200,000 Ukrainians to fill job vacancies there.Scrapping immigration limits signals that the government cannot meet its own targets, is embarrassed by its failure, and has lost control.Voters will also see this as a message that controlled immigration does not matter to this government, and they will send their own message back – in lost votes.Read more: Immigration has been at the heart of Sweden’s tech triumph
Share Show Comments ▼ Tags: Chinese economy Company Federal Reserve Glencore US interest rates More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBallUndo China stocks recover after second day of falls as markets nervously await Fed minutes Emma Haslett whatsapp Wednesday 19 August 2015 9:05 am Stocks in China finished today’s session up, despite falls in early trading. That followed big losses on Tuesday. The Shenzhen Composite finished 2.19 per cent higher, at 2,222.05 points, while the Shanghai Composite rose 1.23 per cent to 3,794.11 points – having dipped as low as 5.3 per cent and 6.1 per cent respectively during the first hours of the session. Read more: China slowdown and the two reasons British businesses should remain optimisticStocks were hit in early trading by fears a government-led campaign to keep shares propped up was coming to an end. In recent weeks the People’s Bank of China (PBoC) has injected stimulus into markets after they were hit by worries over exports and manufacturing.The shaky session caused markets in Europe to fall as they opened. The FTSE was down 0.8 per cent at 6,474.27 points in early trading, while Germany’s Dax fell 1.1 per cent to 10,796.2 points and the Cac fell 1.02 per cent to 4,920.58 points. “The FTSE is perilously close to… six-week lows this morning, as the weight of the commodity collapse continues to crush the UK index,” said Connor Campbell, financial analyst at Spreadex. “Despite a nascent rebound for Brent Crude and copper this morning both remain at or around their 6 year nadirs, and with the spectre of Chinese volatility looming over the markets these mild gains are unlikely to last for long. Of course, this has merely exacerbated the dismal form of the FTSE’s oil and mining stocks.” That included Glencore, whose shares were down 2.92 per cent at 170.95p in early trading after it reported a net loss of $676m (£431m) as it took a battering from low copper and oil prices. All eyes are likely to be on the US today, where the Federal Reserve’s open market committee will unveil the minutes of its latest meeting, which it’s hoped will include further guidance on when the bank will hike rates. However, analysts were sceptical. “I don’t really hold out too much hope that the FOMC minutes will magically clear the fog surrounding Fed policy and resolve the debate raging in the market,” said Societe Generale’s Kit Juckes. “Most likely, the minutes will be seen to support the view of the consensus among the commentators, but will fail to allay the fear of inaction among the traders/investors. And that would most likely leave markets still wracked by uncertainty, about the Fed, global growth and China.”
By Gavin van Marle 02/06/2016 Vietnam’s shipping community is in a state of confusion over the SOLAS Verified Gross Mass (VGM) regulations, with widespread disruption to its burgeoning export industries expected from 1 July.With only a month until the IMO’s new container weighing rules come into effect, a lack of finalised guidelines from the Vietnam Maritime Administration (Vinamarine), coupled with poor shipper awareness, could mean boxes piling up at ports, as well as road congestion caused by a possible “no-VGM, no gate-in” policy by terminal operators.The managing director of one container terminal in Ho Chi Minh City (HCMC) – the country’s commercial capital and main export gateway – told The Loadstar: “I expect a relatively high degree of disruption of the supply chain in the first few weeks of SOLAS’s implementation.“This will include congestion from an accumulation of laden export containers in the yard unable to be loaded on vessels due to no VGM,” he added.According to a source, Vinamarine is working with terminal operators and shipping lines on a “draft circular”, but which is now in its fourth version.He said a major issue – and one that has come as a surprise – was the inclusion of a “weight variance verification” condition. This says terminals must weigh every export container to verify the shipper VGM is accurate – to within 500kg for containers weighing less than 10 tonnes, or within 5% for those weighing more.The source explained: “If weight variance verification is mandated in the circular, it looks like every laden export container would have to be weighed to obtain the ‘derived weight’ – although it is not certain that every terminal operator in Vietnam is capable of weighing every laden container coming in.”Indeed, he added that at least one terminal at Cai Mep – the large port complex located south-east of HCMC – has already announced it doesn’t have weighing equipment and that it will levy a US$100 fee on containers arriving via barge without a VGM.Other terminals, the source said, were also considering “deterrence fees” if export containers are not loaded onto a vessel due to VGM-related issues. This would include scenarios where the VGM has not been communicated to a terminal by a shipping line before the submission cut-off time.Another area of confusion, according to the source, is because “terminal operators are still deciding whether to allow laden export containers to gate-in without VGM, or to allow gate-in pending receipt of VGM-data through the carriers”.According to Jan Segers, vice-chairman of the Transportation & Logistics Sector Committee at EuroCham Vietnam, clarification is desperately needed.“The current situation is changing daily. We’ve been asking for clarifications from Vinamarine and from shipping lines on what will happen from 1 July. If the terminals implement this ‘no-VGM, no gate-in’ rule, then there will be disruption to tradelanes.“Plus there will be a lot of traffic jams, which could mean containers will be too late for loading. This is the potential risk we are facing.”Vietnam’s ports currently rank among the fastest-growing in the world. APM Terminals-run Cai Mep International Terminal recently announced that, year on year, it had doubled its first-quarter throughput in 2016, to 277,303 teu. This followed an 80% expansion in container traffic overall last year to 724,768 teu.APMT said Vietnamese ports had handled 10.6m teu in 2015, representing annual growth rate of 16%, while HCMC and Cai Mep handled 7.2m teu, more than two-thirds of the country’s total.
What’s included? Allergan to eliminate 1,400 positions as generic competition looms STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. @Pharmalot Allergan CEO Brent Saunders Richard Drew/AP Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Tags financepharmaceuticalsSTAT+ What is it? About the Author Reprints Log In | Learn More Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Making good on a recent promise, Allergan (AGN) disclosed plans to cut 1,000 existing jobs as the company prepares to face generic competition, especially for its second-biggest medicine, the Restasis eye treatment.The job cuts, which also involve eliminating 400 open positions, are expected to reduce expenses between $300 million and $400 million this year, according to a regulatory filing made on Wednesday. Allergan employs about 18,000 people. Other steps, such as closing buildings, may also occur. Pharmalot GET STARTED [email protected] By Ed Silverman Jan. 3, 2018 Reprints Ed Silverman
Companies Canadian Securities Administrators Amid negative feedback from the industry, securities regulators are backing off from a plan to reduce the threshold where a shareholder would have to declare an ownership stake in an issuer from 10% to 5%, as required under the early warning system and take-over bid regime. The Canadian Securities Administrators (CSA) announced Friday that they are scrapping a plan to lower the threshold for the early warning reporting regime from 10% to 5%, which it proposed back in 2013 in a bid to improve transparency in this area. Share this article and your comments with peers on social media In an update on the early warning reporting system project, the CSA reports that it received over 70 comment letters on the proposal. The majority of letters raised concerns with the idea, including that: it could have unintended consequences; it would create a significant compliance burden; the Canadian market has many small issuers with limited liquidity; the proposals could signal investment strategies to the market, and; these negative consequences would outweigh the benefits of improved transparency. As a result, the CSA has decided not to go ahead with lowering the reporting threshold, and it’s also abandoning a plan to include “equity equivalent derivatives” for the purposes of determining the threshold for early warning reporting disclosure. It is going ahead with various other amendments designed to improve transparency, such as: requiring disclosure of 2 % decreases in ownership; requiring disclosure when a shareholder’s ownership interest falls below the reporting threshold; and, enhancing the disclosure requirements for early warning reports; among other changes outlined in a notice published today. The CSA says that it believes that the intended final amendments will still improve transparency in the area. It intends to publish the final amendments in the second quarter of 2015. “The final amendments, while not as extensive as the 2013 CSA proposals, are intended to address certain key issues and enhance the quality and integrity of the early warning reporting regime in a manner that is appropriate for the Canadian capital markets,” said Bill Rice, chair of the CSA and chair and CEO of the Alberta Securities Commission. James Langton Facebook LinkedIn Twitter
Lazy Labor Budget reply has red ink everywhere Peter Gutwein,PremierTreasurerRebecca White’s insipid Budget reply sends the Budget into deficit for four years and increases net debt by over $400 million.Lazy Labor’s latest glossy brochure outlines a redirection of government spending of $27.7 million, which in a $7.5 billion Budget, means they have agreed with 99.7% of our Budget delivered last week.Labor had a chance to do a properly costed and funded Alternative Budget, but has once again squibbed it.After five days of complaining about the Budget and its level of debt, they have announced a plan to keep the Budget in deficit longer by adding $234 million to expenditure, plunging the State into deficits for the period of the forward estimates and increasing net debt by more than $400 million.It’s no surprise Labor’s glossy brochure uses a lot of red toner, as there is absolutely no pathway back to surplus for the Budget under Labor’s plan.Labor’s claim of supporting Tasmanian jobs is a sham as they double down on their policy to spend $850 million offshore in Finland without even looking at opportunities for Tasmanians, and there’s absolutely no detail on how exactly they would “fast-track” the Spirit of Tasmania ferries.It’s little wonder Labor has been reluctant to release an Alternative Budget, and they’ve finally waved the White flag of surrender today. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, deficit, Finland, Government, jobs, Premier, spending, TAS, Tasmania, Tassie
Smart ticketing milestone reached in smart time as Games hero hops on-board Minister for Transport and Main Roads The Honourable Mark BaileyMore than 60,000 trips have already been taken in Queensland’s first trial of the Palaszczuk Government’s $371 million smart ticketing system.Gold Coast light rail commuters have taken to using their American Express and Mastercards, smartphones and smart watches to conveniently pay for adult-fare tram travel in one of the fastest uptake rates of any global ticketing trial.The milestone comes as Taliqua Clancy, a Commonwealth Games silver medallist beach volleyballer and proud First Nations Queenslander, has become the smart ticketing ambassador and voice of its Indigenous mascot, Marlu the kangaroo.Ms Clancy, who became the first Indigenous Australian to compete in Olympic beach volleyball at the 2016 Games in Rio, is on track to compete at this year’s Olympics after winning the national title with Mariafe Artacho del Solar last month.Transport and Main Roads Minister Mark Bailey said the achievement showed commuters had embraced the trial since it was launched on Gold Coast light rail network in December.“Reaching more than 60,000 trips so quickly shows we’re on the right track with this technology, and with our investments in light rail and public transport on the Gold Coast,” Mr Bailey said.“By giving locals and visitors more convenient ways to pay for public transport, it’ll help provide a shot in the arm for the city’s $12 billion tourism and hospitality industry alongside our record $4 billion spend on Gold Coast roads and transport.Mr Bailey said while the Gold Coast was the first trial area in Queensland, plans were on track to roll out the new system across South East Queensland and 18 regional urban networks by the end of 2022.“Public transport bore the brunt of the global virus with patronage down 80 per cent at one stage.“But with a strong response to COVID-19 so far and now the rollout of vaccines, Queensland is the place to be with commuters coming back online and the sunshine state powering ahead with a $56 billion infrastructure guarantee.“From Coolangatta to Cairns, very soon Queensland will have one seamless system to catch a bus, train, tram or ferry.”Ms Clancy, a Wulli Wulli and Goreng Goreng woman born and raised in Kingaroy, said she was proud to be involved with the project, which celebrated and recognised Indigenous culture through Marlu and First Nations artwork on ticket validators and a G:link tram.Marlu has begun appearing on G:link trams and platform signage and radio ads have also started to inform and raise awareness about the smart ticketing project and the more ways to pay.“First Nations history and culture is something that is immensely important to me and very close to my heart, so I’m excited to join the smart ticketing project with its prominent Indigenous ties,” Ms Clancy, 28, said.“The kangaroo is a beloved and recognised Australian icon that connects with both locals and tourists, and the Marlu character is one that really resonated with me.“In bringing the voice of Marlu to life, I wanted to create a shared sense of connection for everyone that uses the G:link and I think we’ve been able to do that.“The current smart ticketing trial is a big step forward for public transport in Queensland and I think Marlu is the perfect representative for the project.“I have no doubt G:link users will connect with Marlu just as much as I have, while the First Nations artwork created by Quandamooka artist Elisa Jane Carmichael on ticketing validators and G:link tram number 15 is a wonderful representation of Indigenous people and our culture.”RACQ Head of Public Policy Rebecca Michael said the state-wide introduction of smart ticketing technology would be a game-changer for Queensland.“Commuters on the Gold Coast have experienced first-hand how much easier catching public transport can be when using this world-class tap and go technology,” Dr Michael said.“Now more than ever public transport needs to be seamless and accessible to help reduce traffic congestion by encouraging commuters out of their cars and onto buses, trains and trams.“Not being required to have a loaded go card, a paper ticket or cash handy will help increase Queensland’s public transport usage and will be especially helpful for our interstate visitors, who often get caught without a Go-Card or pre-paid ticket handy.”New ticketing equipment, including validators, were installed at all 19 G:link stations to enable the contactless payment trial between Helensvale and Broadbeach South tram stations.TransLink’s smart ticketing will service one of the largest geographical areas of any ticketing system in the world and will be able to adapt to future growth and technology. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Ambassador, american, Australia, Australian, Cairns, commonwealth, commonwealth games, Coolangatta, Gold Coast, Government, Indigenous, infrastructure, Kingaroy, Olympics, Palaszczuk, public transport, QLD, Queensland, technology
Working with business, investors, governments and civil society on path to global net zero Good afternoon.Our transition to a green, sustainable future is happening.Propelled by governments, business, investors, and civil society.The price of renewables is tumbling.Business leaders like Mukesh Ambani, and Bill Gates, tell me that they see huge business opportunities in the global move to clean growth.And preeminent financial publications, such as the Financial Times, are holding climate capital summits attended by leading global firms.When I first started work in finance in the 1990s such events, if they had happened at all, would have been niche affairs, made up of a limited number of enthusiasts, even evangelists.Well, the good news is that there are a lot more enthusiasts today. And indeed a lot more evangelists.The more sobering news however is that, despite progress, we are not moving fast enough.As things stand, the world is far from meeting the goals of the Paris Agreement.That goal to limit global temperature rises to well below two degrees, preferably to 1.5 degrees.Already, temperatures have risen over one degree since the Industrial Revolution.And the effects of the climate crisis are being felt all around the world.The previous decade was the hottest on record.And through my work on COP26, I have witnessed the devastating impacts of climate change:Melting glaciers, sea level rises, crop degradation, deforestation.And pollution choking some of the world’s great cities.I have spoken to communities on the frontline of the fight against climate change.About how their lives have been disrupted.How their livelihoods are threatened.And how their homes are at risk.We cannot go on as we are.If we do not change course, things will deteriorate rapidly.Unleashing a level of human, economic, and environmental catastrophe the likes of which the world has not seen before.So, we have got to act now, to speed up the transition, and keep the goals of the Paris Agreement within reach.Those goals depend on our reaching net zero emissions by the middle of the century at the latest:So, a core ambition for the UK’s COP26 Presidency is to put the world on a path to net zero.To achieve that, we are pushing for action from across society.From business, to investors, civil society and governments. And we’re pushing around three key aims: ambition, finance and collaboration.We are also working to protect people and nature, helping them to adapt to the effects of our changing climate.However, today, I want to focus on these first three aims.So, firstly, ambition.We need a clear desire, particularly from countries and companies, to get the global economy on a path to net zero.Now, there is real progress here.When the UK took on the COP26 presidency, less than 30 percent of global GDP was covered by net zero commitments.That figure stands at around 70 percent today, and it includes Japan, South Korea, the USA and China.1700 companies from around the world have now joined the Race to Zero campaign, which commits them to reach net zero by 2050 at the latest, on science-based targets.And this includes corporate giants like Facebook, like Hitachi and EY.I am urging all companies to join them.Doing so is not only good for the planet, it benefits the bottom line, and ultimately drives shareholder value.As Anand Mahindra said at Davos three years ago, and I quote:“Everything that our group of companies has done to try to improve energy to reduce greenhouse gas emissions has given us a return.”I am also urging all countries that have not already done so, to make net zero commitments.And to set out those short term targets, their 2030 Nationally Determined Contributions, that put them on a path to get there.The latter is vital, to ensure that net zero is not a vague aspiration but an achievable aim.But it is, where unfortunately, where we are falling short.Despite brilliant ambition from some countries, the world’s collective 2030 emissions reductions are nowhere near enough to meet the goals of the Paris Agreement.Changing this is a clear focus for UK diplomacy.As the Prime Minister said recently in the UK’s Integrated Review, tackling climate change and biodiversity loss are now the UK’s top international priority.So, we want short-term targets from all countries, particularly the G20, that put them on a path to net zero.And policies that make them a reality.So, as the world repairs the economic damage inflicted by Covid-19, we are urging governments to plan for green recoveries.And we are calling on them to commit to stopping the sale of new petrol and diesel vehicles.To ending new coal power. And to phasing out existing plants.Policies that we know can help to simulate investment, by providing business and investors with clarity and confidence.Secondly, to reach global net zero, we need finance.It is the vital ingredient that turns ambition into action.And that’s why it is a key priority of the UK’s COP Presidency.We want to get finance flowing to climate action, particularly in developing countries.So, we are working with donor countries and multilateral development banks on public finance, including to increase the actual sums that are available.And to get more money to helping countries to adapt to the impacts of an already changing climate.Public finance is, of course, absolutely vital.But it is private finance that will get us to the trillions required for global net zero.So, we are also working to unleash private investment. And ensuring every financial decision takes climate into account.I am calling on all financial institutions to join the Race to Zero.By signing up to campaigns such as the Net Zero Asset Managers Initiative, Net Zero Asset Owners Alliance, and Business Ambition for 1.5 degrees.And I am urging them to disclose in line with the Task Force on Climate-related Disclosures recommendations.To increase finance in emerging markets and developing countries.And to commit to the finance principles of the Powering Past Coal Alliance – which aims to speed up the move from coal to clean energy.There is real momentum building up across financial sectors.The Net Zero Asset Managers Initiative was launched in December last year.And as of mid-March, asset managers representing over $9 trillion of assets under management have joined.That’s around 10 percent of global assets under management.And the numbers are growing rapidly, with new signatories announced yesterday.Earlier this month, Aviva set a 2040 net zero target.And, as a major fund manager, it wrote to the biggest emitters in its portfolio, to say it will divest if it does not see serious engagement on emissions reductions.My challenge to other fund managers is: will you do the same?Many corporates have understood that climate risk is financial risk.And the move to net zero presents enormous opportunities for financial institutions.According to the charity CDP, 215 of the biggest global companies report almost $1 trillion at risk from climate impacts.And yet, together, their potential gains from the move to a clean economy stand at over $2trillion.Finally, to reach global net zero, we must work together.That is why enhancing international collaboration is another of the key priorities of the UK’s COP26 Presidency.And we are working to build consensus among governments, ahead of COP26 so that the negotiations in Glasgow are a success.Including, on issues like Article 6 of the Paris Agreement, which relates to carbon markets.And we are building-up collaboration among policy-makers, investors, business and civil society, around critical sectors like clean energy and clean transport.Because with well-targeted collaboration in each sector, we can create economies of scale, we can spur innovation, and increase incentives for investment.And thereby creating a means to deliver emissions reductions at the scale and pace required to meet global net zero.Our COP26 Climate Champion, Nigel Topping, who you have heard from today, together with the COP25 Climate Champion, Gonzalo Muñoz, is also doing brilliant work here.Corralling business and other non-state actors to sign-up to achieving net zero emissions.And I am fully behind them.Because with action from business and investors, from governments and civil society, we can up our ambition, get finance flowing, and collaborate successfully.Growing our economies.Creating jobs and prosperity.Whilst reaching global net zero, together.Thank you. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Bill Gates, China, climate change, Facebook, financial sector, G20, GDP, Government, greenhouse gas emissions, industrial revolution, Japan, Paris, Prime Minister, South Korea, U.S., UK, UK Government
University launches education facilities in Westmead Hospital Block K NSW Minister for Skills and Tertiary Education Dr Geoff Lee joined the University of Sydney in celebrating the launch of dedicated teaching spaces in the new Central Acute Services Building known as Westmead Hospital’s Block K. Richard Alcock, Belinda Hutchinson, Geoff Lee, Robyn Ward and Stephen Garton at the opening of the facilitiesThe University of Sydney today officially opened its first university-hospital space across multiple hospital levels, which includes ‘hybrid flexible’ teaching spaces for in-person and remote learning with world-class audio-visual systems, in ‘Block K’ of Westmead’s new Central Acute Services Building.In addition to the dedicated University spaces, the 14-storey building includes two new emergency departments (one for adults and one for children), digital operating theatres and more than 300 patient rooms. It is a partnership between the University of Sydney and government collaborators the Children’s Hospital at Westmead, Western Sydney Local Health District and Health Infrastructure.The Minister for Skills and Tertiary Education and Member for Parramatta, the Hon. Dr Geoff Lee, and Western Sydney Local Health District chair Richard Alcock AO joined the University of Sydney Chancellor Belinda Hutchinson AC and Vice-Chancellor and Principal Professor Stephen Garton AM for the official opening. Professor Robyn Ward AM, Executive Dean and Pro Vice-Chancellor, Faculty of Medicine and Health, presided as master of ceremonies to mark the occasion. click to show image click to show image click to show image The University of Sydney has invested $88 million into the new hospital facility as part of the $1 billion Westmead Redevelopment Project to transform Western Sydney into a global health and education hub.Minister Lee welcomed the University of Sydney’s contribution to developing the new state-of-the-art building at the heart of the Westmead Health Precinct.“I commend the University of Sydney for its long history with Westmead dating back some half-a-century – we look forward to continued collaboration with the University in a shared vision in developing Western Sydney into a global health and education destination.”Unveiling a plaque celebrating the University’s learning spaces in the new hospital building, Chancellor Belinda Hutchinson said the University had not faltered in its commitment to the development of Westmead communities and beyond.“This is now one of the largest health, education, research and training precincts in Australia; our precinct partner collaboration is key to our successful activity at Westmead,” she said.Vice-Chancellor Professor Stephen Garton said it was envisioned the establishment of a major second campus at Parramatta/Westmead as the NSW Government’s preferred education partner would indirectly add $13b into the NSW economy by 2050.“We plan to help develop the knowledge base of Sydney’s geographical centre not only for the people of NSW but also to help solve critical problems that we face globally,” he said. The University of Sydney at Westmead Block K includes: Clearly defined University spaces and central precinct meeting point;Almost 5000 square metres of the hospital building dedicated to the University;Hy-flex rooms with video conferencing; drop-down microphones from ceilings and collaborative conference and study rooms;Proximity for researchers and final-year student interns to emergency and acute services wards for education and research.Professor Robyn Ward said the University areas in the new hospital building were designed to foster collaboration and help define a new sense of identity for staff, students and precinct partners.“It is wonderful to see Westmead Block K already increasing integration between partners, further embedding our research, education and training across the Westmead Health Precinct and making great things happen.” /University Release. 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PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca ‹ Previous Next › The Rolls-Royce Boat Tail may be the most expensive new car ever Trending in Canada advertisement RELATED TAGSNewsbbcseries 27Top Gear Trending Videos See More Videos COMMENTSSHARE YOUR THOUGHTS “I’m outta me comfort zone,” says new Top Gear presenter Paddy McGuinness at the beginning of the new trailer for series 27 of the BBC motoring show.We’ve got news for you, Paddy: with a revised roster of hosts and flurry of recent program changes, so are we.Gearheads reading this site need no reminder re: how Clarkson and company departed the program, hoovering all the on-screen talent and a good chunk of behind-the-scenes crew away from the BBC and over to Amazon. As for the rest of the program, well, “outta me comfort zone” indeed. Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. After some speedy hiring and firing, the broadcaster seemed to have settled on the trio of Chris Harris, Matt LeBlanc and Rory Reid as host.This troika seemed to gel over the last couple of years, not to mention the fact they’re all gearheads, so the BBC saw this success and did the natural thing: change it all.To be fair, Matt LeBlanc allegedly left the show of his own accord to spend more time with his family. The reason for binning Rory Reid is less clear, an accomplished car nut who’s been shuffled to the online television series Extra Gear.But regardless, in their place, suits at the BBC decided to hire a cricketer and a comedian. Paddy McGuinness is an English comedy actor best known for presenting game shows across the pond. Freddie Flintoff is a former international cricketer for Lancashire.Oh, dear.The trailer shows the hosts attempting to one-up each other in various challenges ranging from banger races to cheap car challenges. Mercifully, there is also a good dose of supercar lunacy, including whips from the likes of Aston Martin and McLaren tearing around the Top Gear test track.We all know Chris Harris can capably drive the wheels off any car on this planet, so at least there’s that bright ray of sunshine.