ROSEN, TRUSTED AND TOP RANKED INVESTOR COUNSEL, Encourages Palantir Technologies Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLTR

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Palantir Technologies Inc. (NYSE: PLTR) between November 9, 2021 and May 6, 2022, both dates inclusive (the “Class Period”), of the important November 14, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Palantir securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Palantir class action, go to https://rosenlegal.com/submit-form/?case_id=8711 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 14, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Palantir’s investments in marketable securities were having a significant negative impact on the Company’s earnings per share (“EPS”) results; (2) Palantir overstated the sustainability of its government segment’s growth and revenues; (3) Palantir was experiencing a significant slowdown in revenue growth, particularly among its government customers, despite ongoing global conflicts and market disruptions; (4) as a result of all the foregoing, Palantir was likely to miss consensus estimates for its first quarter 2022 (“Q1”) EPS and second quarter 2022 (“Q2”) sales outlook; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Palantir class action, go to https://rosenlegal.com/submit-form/?case_id=8711 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8684877

KSS FINAL DEADLINE TUESDAY: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Kohl’s Corporation Investors to Secure Counsel Before Important November 1 Deadline in Securities Class Action – KSS

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Kohl’s Corporation (NYSE: KSS) between October 20, 2020 and May 19, 2022, both dates inclusive (the “Class Period”), of the important November 1, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Kohl’s securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Kohl’s class action, go to https://rosenlegal.com/submit-form/?case_id=8539 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 1, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Kohl’s Strategic Plan was not well tailored to achieving the Company’s stated goals; (2) defendants had likewise overstated Kohl’s success in executing its Strategic Plan; (3) Kohl’s had deficient disclosure controls and procedures, internal control over financial reporting, and corporate governance mechanisms; (4) as a result, Kohl’s Board was able to and did withhold material information from shareholders about the state of the Company in the lead-up to the Company’s annual meeting; (5) all the foregoing, once revealed, was likely to have a material negative impact on Kohl’s financial condition and reputation; and (6) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Kohl’s class action, go to https://rosenlegal.com/submit-form/?case_id=8539 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8684847

EQUITY ALERT: Rosen Law Firm Encourages Compass Minerals International, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CMP

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) — WHY:  Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Compass Minerals International, Inc. (NYSE: CMP) between October 31, 2017 and November 18, 2018, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 20, 2022.

SO WHAT: If you purchased Compass Minerals securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Compass Minerals class action, go to https://rosenlegal.com/submit-form/?case_id=8924 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 20, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants repeatedly assured investors that the continuous mining and continuous haulage (“CMCH”) upgrade at the Goderich mine, the largest underground rock salt mine in the world located in Ontario, Canada, was on track to materially reduce costs and boost Compass Minerals’ operating results starting in 2018. However, defendants’ statements were misleading because they failed to tell investors that costs at the Goderich mine were increasing rather than decreasing. The Compass Materials class action lawsuit further alleges that defendants also misrepresented the amount of salt Compass Minerals was able to produce at Goderich using the new CMCH equipment and failed to disclose how the known and ongoing production shortfalls it was experiencing were reasonably expected to reduce its future operating income. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Compass Minerals class action, go to https://rosenlegal.com/submit-form/?case_id=8924 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8684937

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages U.S. Bancorp Investors to Secure Counsel Before Important Deadline in Securities Class Action – USB

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of U.S. Bancorp (NYSE: USB) between August 1, 2019 and July 28, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2022.

SO WHAT: If you purchased U.S. Bancorp securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the U.S. Bancorp class action, go to https://rosenlegal.com/submit-form/?case_id=9420 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 27, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) U.S. Bank National Association (U.S. Bancorp’s banking subsidiary) created sales pressure on its employees that led them to open credit cards, lines of credit, and deposit accounts without consumers’ knowledge and consent; (2) since at least 2015, U.S. Bank National Association and by extension, U.S. Bancorp, was aware of such unauthorized conduct that it was violating relevant regulations and laws aimed at protecting its consumers; (3) U.S. Bancorp failed to properly monitor its employees from engaging in such unlawful conduct, detect and stop the misconduct, and identify and remediate harmed consumers; (4) all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation; (5) U.S. Bancorp’s revenues were in part the product of unlawful conduct and thus unsustainable; and (6) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the U.S. Bancorp class action, go to https://rosenlegal.com/submit-form/?case_id=9420 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8684909

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Twitter, Inc. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm – TWTR

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Twitter, Inc. (NYSE: TWTR) between August 3, 2020 and August 23, 2022, both dates inclusive (the “Class Period”), of the important November 14, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Twitter securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Twitter class action, go to https://rosenlegal.com/submit-form/?case_id=8303 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 14, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business operations and prospects. Specifically, that: (1) Twitter knew about security concerns on their platform; (2) Twitter actively worked to hide the security concerns from the board, the investing public, and regulators; (3) contrary to representations in SEC filings, Twitter did not take steps to improve security; (4) Twitter’s active refusal to address security issues increased the risk of loss of public goodwill; and (5) as a result, defendants’ statements about Twitter’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Twitter class action, go to https://rosenlegal.com/submit-form/?case_id=8303 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8684872

COP27’s Coke Sponsorship Leaves Bad Taste with Green Groups

LONDON — This year’s United Nations climate summit is brought to you by Coke.

 

Soft drink giant Coca-Cola Co.’s sponsorship of the flagship U.N. climate conference, known as COP27, sparked an online backlash and highlighted broader concerns about corporate lobbying and influence.

 

The COP27 negotiations aimed at limiting global temperature increases are set to kick off next month in the Red Sea resort town of Sharm el-Sheikh. The Egyptian organizers cited Coca-Cola’s efforts to reduce greenhouse gas emissions and key focus on climate when they announced the sponsorship deal in September, which triggered immediate outrage on social media.

 

Activists slammed the company for its outsized role contributing to plastic pollution and pointed to the deal as an example of corporate “greenwash” — exaggerating climate credentials to mask polluting behaviors. An online petition calling for Coke to be removed as a sponsor has garnered more than 228,000 signatures, while hundreds of civil society groups signed an open letter demanding polluting companies be banned from bankrolling or being involved in climate talks.

 

Coca-Cola said its participation underscores its ambitious plans to cut its emissions and clean up plastic ocean trash.

Critics say corporate involvement goes against the spirit of the meetings, where tens of thousands of delegates from around the world gather to hammer out global agreements on combating climate change to stop the earth from warming to dangerous levels. This year, the focus is on how to implement promises made at previous conferences, according to the Egyptian presidency.

 

At COP meetings, “the corporate presence is huge, of course, and it’s a slick marketing campaign for them,” said Bobby Banerjee, a management professor at City University of London’s Bayes Business School, who has attended three times since 2011.

 

Over the years, the meetings have evolved to resemble trade fairs, with big corporations, startups and industry groups setting up stalls and pavilions on the sidelines to lobby and schmooze — underscoring how a growing number of companies want to engage with the event, sensing commercial opportunities as climate change becomes a bigger global priority.

 

IBM, Microsoft, Boston Consulting Group and Vodafone also have signed up as sponsors or partners but have drawn less flak for their participation than Coca-Cola.

 

The United Nations Climate Change press office referred media inquiries to the organizers, saying it was a matter between Egypt and the company. The Egyptian presidency didn’t respond to email requests for comment. The U.N. Climate Change website says it “seeks to engage in mutually beneficial partnerships with non-Party stakeholders.”

 

Georgia Elliott-Smith, a sustainability consultant and environmental activist who set up the online petition, said she’s calling on the U.N. “to stop accepting corporate sponsorship for these events, which simply isn’t necessary, and stop enabling these major polluters to greenwash their brands, piggybacking on these really critical climate talks.”

 

Environmental groups slammed the decision to let Coca-Cola be a sponsor, saying it’s one of the world’s biggest plastic producers and top polluters. They say manufacturing plastic with petroleum emits carbon dioxide and many of the single-use bottles are sold in countries with low recycling rates, where they either end up littering oceans or are incinerated, adding more carbon emissions to the atmosphere.

 

In a statement, Coca-Cola said it shares “the goal of eliminating waste from the ocean” and appreciates “efforts to raise awareness about this challenge.” Packaging accounts for about a third of Coke’s carbon footprint, and the company said it has “ambitious goals,” including helping collect a bottle or can for every one it sells, regardless of maker, by 2030.

 

Coca-Cola said it will partner with other businesses, civil society organizations and governments “to support cooperative action” on plastic waste and noted that it signed joint statements in 2020 and 2022 urging U.N. member states to adopt a global treaty to tackle the problem “through a holistic, circular economy approach.”

 

“Our support for COP27 is in line with our science-based target to reduce absolute carbon emissions 25% by 2030, and our ambition for net zero carbon emissions by 2050,” the company said by email.

Experts say sponsorships overshadow a bigger problem behind the scenes: fossil fuel companies lobbying and influencing the talks in backroom negotiations.

 

“The real deals are handled indoors, you know, in closed rooms,” said Banerjee, the management professor. At the first one he attended — COP17 in Durban, South Africa, in 2011 — he tried to get into a session on carbon emissions in the mining industry, a topic he was researching.

 

“But guess what? They turned me away, and who walks into the room to discuss, to develop global climate policy? CEOs of Rio Tinto, Shell, BP, followed by the ministers,” Banerjee said, adding that a Greenpeace member behind him was also blocked. “This group of people — mining companies and politicians — are deciding on carbon emissions.”

 

Elliott-Smith, the environmental activist, attended last year’s COP26 in Glasgow, Scotland, as a legal observer to the negotiations. While she’s not naive about corporate-political lobbying, she was “really shocked at the amount of corporates attending the conference, (and) of the open participation between CEOs and climate negotiating delegations in these conversations.”

 

In Glasgow, retailers, tech companies and consumer goods brands were signed up as partners, but fossil fuel companies were reportedly banned by the British organizers. Still, more than 500 lobbyists linked to the industry attended, according to researchers from a group of NGOs who combed through the official accreditation list.

 

This year, oil and gas companies might feel more welcome because Egypt is expected to spotlight the region and attract a big contingent from Middle Eastern and North African countries, whose economies and government revenue depend on pumping oil and gas.

 

Egypt historically sided with developing countries resisting pressure to cut emissions further, which say they shouldn’t have to pay the price for rich countries’ historical carbon dioxide emissions.

 

Ahead of the meeting, U.N. human rights experts and international rights groups criticized the Egyptian government’s human rights track record, accusing authorities of covering up a decade of violations, including a clampdown on dissent, mass incarcerations and rollback of personal freedoms, to burnish its international image. The country’s foreign minister told The Associated Press earlier this year that there would be space for protests.

 

Against this backdrop, “it will be that much easier to censor, prohibit or silence attempts by civil society seeking to hold the process accountable to delivering the needed outcomes,” said Rachel Rose Jackson, director of climate research and policy at watchdog group Corporate Accountability. “It will also make the polluter PR and greenwashing surrounding the talks that much more effective.”

 

Source: Voice of America

South Africa Crowns New Zulu King at Mega Party

DURBAN, SOUTH AFRICA — A new Zulu King was formally enthroned as the head of South Africa’s most influential traditional monarchy at a colorful ceremony Saturday attended by tens of thousands.

 

President Cyril Ramaphosa handed over a giant framed certificate officially recognizing the 48-year-old new ruler Misuzulu Zulu in the coastal city of Durban.

 

“Our king, is indeed officially the King of the Zulu nation and the only king of the Zulu nation,” said Ramaphosa to loud applause at an 85,000-seater soccer stadium.

 

The king vowed to promote “peace and reconciliation” and to “be a catalyst” for development.

 

The coronation of the ruler of the country’s richest monarchy comes after a year of bitter feuding over the royal succession that has spilled into the courts.

 

Misuzulu ascended the throne once held by his late father, Goodwill Zwelithini, who died in March 2021—after more than 50 years on the throne.

The crowning which followed a traditional coronation ceremony in August, is the first South Africa has witnessed in more than half a century.

 

“This historic moment only comes once in a lifetime, many of us will never see this historic moment again,” said Ramaphosa.

 

Although the title of king does not bestow executive power, the monarchs wield great moral influence over more than 11 million Zulus, who make up nearly a fifth of South Africa’s population of 60 million people.

 

Amabutho, or royal regiments, clad in traditional skirts, leopard skin tops, and carrying shields and sticks chanted songs of praise for their king.

 

Singing and blowing whistles as they slowly glided around the pitch, women wore broad-brimmed Zulu hats and traditional wraps.

 

Young girls, some bare breasted, in equally brightly colored pleated skirts and beads, excitedly danced and ululated in the Moses Mabhida Stadium, built for the 2010 FIFA World Cup tournament.

 

‘Great day for’ Zulus

 

Londolo Zungu, 49, was among the women at the party. “We are very happy, more than happy, we are supporting the king 100 percent,” she told AFP.

 

Khaya Ndwandwe, a Zulu historian, said government’s recognition of Misuzulu as “the real king of the Zulu people” means “now the king will be more than protected.”

 

“It’s a day of great joy for the Zulu people,” said Ndwandwe.

 

The ceremony was given rolling live coverage on all of South Africa’s largest television stations and media outlets.

 

A long grey feather stuck out from the king’s hair, while a bunch of black feathers were arranged on the back of his head as he sat on a throne covered in leopard skin.

 

Head of the Anglican church in South Africa Archbishop Thabo Makgoba dabbed holy oil on the king’s hands, face and head as crowds looked on.

 

“As you embark upon your reign as king … I believe you are being called to step up and emulate the highest traditions of your ancestors,” said Makgoba.

In his acceptance speech, the king pledged to work for progress as the world grapples with “poverty, unemployment, trust deficit in government and traditional leadership structures, climate change disasters, economic meltdown.”

 

Among the delegates were King Mswati III of Africa’s last absolute monarchy, Eswatini, who also is an uncle to the new Zulu king.

 

Two of South Africa’s ex-presidents, Jacob Zuma and Thabo Mbeki, were present as well.

 

Zulu kings are descendants of King Shaka, the 19th-century leader still revered for having united a large swath of the country as the Zulu nation, which fought bloody battles against the British colonizers.

 

King Zwelithini, who died after more than 50 years in charge, left six wives and at least 28 children.

 

Misuzulu is the first son of Zwelithini’s third wife, who he designated as regent in his will.

 

The queen, however, died suddenly a month after Zwelithini, leaving a will naming Misuzulu as the next king—a development that did not go down well with other family members.

 

The new monarch’s first name means “strengthening the Zulus,” but his path to the crown has not been smooth.

 

Source: Voice of America

Congo Expels Rwanda Ambassador as M23 Rebels Capture Strategic Town

The Democratic Republic of Congo (DRC) has given Rwandan ambassador Vincent Karenga 48-hours to leave the country in retaliation for Rwanda’s alleged support of the M23 rebels in the Congo’s eastern provinces.

 

“This is, in part, due to the persistence of (Karenga’s) country to attack the DRC and to support the terrorist movements of the M23,” government spokesman Patrick Muyaya said in a televised statement Saturday evening.

 

The rebel group, which Congo authorities accuse Rwanda of backing but Rwanda denies, seized the town of Kiwanja in eastern Congo Saturday, effectively cutting North Kivu’s capital Goma off from the upper half of the province.

 

Three Kiwanja residents told Reuters that droves of fighters entered the town without significant resistance after a short spat of gunfire Saturday morning.

 

A U.N. intervention brigade, which has been supporting government forces, said in a statement that four peacekeepers were wounded in the fighting. The statement did not comment on the fate of the town.

 

“Attacks against U.N. peacekeepers may constitute war crimes,” it said. “(The mission) calls on this rebel group to immediately cease all belligerence and warns that it stands ready to respond vigorously in the event of further aggression.”

 

The Congolese army contingent protecting the town had departed the previous day, residents said. The army has conducted strategic retreats from populated areas to move fighting away from towns and protect civilians.

 

Kivu Security Tracker, which maps unrest in eastern Congo, said the army retreated Saturday from positions at Rumangabo, their largest camp in the area, and that M23 had surrounded the local U.N. peacekeeper camp and the Virunga National Park.

 

Saidi Balikwisha Emil, a member of North Kivu’s provincial parliament, said in a WhatsApp message: “The fall of Kiwanja and elsewhere is a national disgrace, especially for those of us who spend entire days on social networks casting aspersions on our army.”

 

“Kiwanja (is) an important entity that opens the direct way to Goma,” he added.

 

Neither General Sylvain Ekenge, the army’s national spokesman, nor Colonel Ndjike Kaiko, the army’s spokesman for North Kivu, immediately responded to calls and messages requesting comment.

 

Unrest in North Kivu has broken months of relative calm in eastern Congo after the resumption of clashes between the army and the M23 militants.

 

Army forces have clashed with rebel fighters several times since fighting resumed Oct. 20, killing at least four civilians and forcing more than 23,000 people to flee their homes, according to the United Nations. Both groups have accused the other of initiating the violence.

 

When it formed in 2012, M23 was the newest in a series of ethnic Tutsi-led insurgencies to rise against Congolese forces.

 

Source: Voice of America

‫مصر مستعدة لاستضافة مؤتمر الأمم المتحدة للتغير المناخي COP27 التاريخي

  • أشرف سعادة السيد سامح شكري، رئيس مؤتمر الأمم المتحدة للتغير المناخي COP27 المعين، على الاستعدادات لِـ COP27 قبل بداية المؤتمر الذي سيعقد في شرم الشيخ بمصر، في الفترة الممتدة من 6 إلى 18 نونبر/تشرين الثاني.
  • عُقدت اجتماعات مع مسؤولي اتفاقية الأمم المتحدة الإطارية بشأن تغير المناخ UNFCCC والمسؤولين المكلفين في الرئاسة بمراجعة الاستعدادات
  • الاستعدادات تسير على الطريق الصحيح للترحيب بالعالم في شرم الشيخ بمصر، مع أكثر من 30000 مندوب، للالتقاء واتخاذ إجراءات بشأن تغير المناخ

شرم الشيخ، مصر, 28 أكتوبر / تشرين أول 2022/PRNewswire/ — أكد معالي السيد سامح شكري،  وزير الخارجية المصري ورئيس مؤتمرCOP27 المعين، أن مصر “مستعدة” لاستضافة قادة العالم والمندوبين وأصحاب المصلحة المعنيين بالمناخ تحت شعار “معًا من أجل التنفيذ”، بعد مراجعة ميدانية للتحضير لمؤتمر COP27 في شرم الشيخ بمصر.

H.E. Sameh Shoukry, Egyptian Minister of Foreign Affairs and COP27 President-Designate, checking on the preparations for COP27.

من المتوقع أن يكون مؤتمر COP27 ، الذي سينطلق في 6 نونبر/تشرين الثاني وسيستضيف قمة قادة العالم في 7 و 8 نونبر/تشرين الثاني، من بين أكبر التجمعات لأصحاب المصلحة في مجال المناخ التي استضافها مؤتمر COP27 مع تسجيل أكثر من 000 30 مندوباً.

وفي حديثه عن الاستعدادات للمؤتمر،   قال سعادة السيد شكري: “إن الرئاسة المصرية لمؤتمر COP27 على استعداد لاستضافة مجتمع المناخ العالمي في شرم الشيخ في نونبر/تشرين لثاني المقبل. بصفتنا رئاسة COP27 ، فإننا نبذل قصارى جهدنا لتهيئة بيئة مواتية لمفاوضات ناجحة ونتائج طموحة وملموسة وذات مصداقية “.

“سنهيئ المشهد الذي نأمل فيه أن تلتقي جميع الجهات الحكومية وغير الحكومية بعقلية تعاونية وبناءة لتنفيذ العمل المناخي. إنني على ثقة من أن المجتمع الدولي سيرتقي إلى مستوى المناسبة ويضمن على أن يكون مؤتمر COP27 ناجحًا ومؤثرًا. سنواصل حث المجتمع الدولي على اتخاذ القرارات التحويلية اللازمة للاستجابة لخطورة حالة الطوارئ المناخية التي نعيشها “.

قام سعادة السيد شكري  بجولة في الموقع هذا الأسبوع، حيث التقى مسؤولي اتفاقية الأمم المتحدة الإطارية بشأن تغير المناخ وفريق رئاسة COP27 للإشراف على اللمسات الأخيرة في الموقع قبل المؤتمر.

ملاحظات للمحرر:

يمكن العثور على الصور الصحفية لاستخدامها مع هذه القصة هنا.
رئاسة COP27 : comms@cop27.eg
+20 (0)2 23588326
www.cop27.eg
تويتر: @ COP27P

“فيديو “تصرف الآن” –  https://www.youtube.com/watch?v=N0k-EXPLmm4

الصورة – https://mma.prnewswire.com/media/1931787/COP27_President.jpg

الصندوق الثقافي يختتم مشاركته في منتدى مبادرة مستقبل الاستثمار ويسلط الضوء على دوره في تمكين القطاع الثقافي التنموي

 بصفته شريكًا استراتيجيًا لمؤسسة مبادرة مستقبل الاستثمار

الرياض، المملكة العربية السعودية, 28 أكتوبر / تشرين أول 2022 /PRNewswire/ —

شارك الصندوق الثقافي في منتدى مبادرة مستقبل الاستثمار الذي اختتم أعماله اليوم برعاية كريمة من رئيس مجلس الوزراء، ولي العهد صاحب السمو الملكي الأمير محمد بن سلمان بن عبدالعزيز، حفظه الله، وبحضور عدد من رؤساء وقادة الدول الصديقة والشقيقة بجانب نخبة من رجال الأعمال ومدراء الصناديق العالمية.

Mr. Mohammed Bindayel

وجاءت مشاركة الصندوق الثقافي في النسخة السادسة الحالية للمنتدى بصفته الشريك الاستراتيجي لمؤسسة مبادرة مستقبل الاستثمار الجهة المنظمة للمنتدى الذي انعقد في الفترة من 25 إلى 27 أكتوبر الحالي 2022، ويهدف إلى استغلال الفرص الاستثمارية لدفع عجلة النمو الاقتصادي، وتمكين الابتكار وتفعيل التقنيات المتقدمة، بالإضافة إلى استكشاف ومعالجة التحديات العالمية.

وضمن فعاليات المنتدى شارك الرئيس التنفيذي للصندوق الثقافي، الأستاذ محمد بن دايل في جلسة نقاش بعنوان ” اقتصاد صناعة المحتوى القادم”، تناول فيها أثر مساهمة المحتوى الحديث في تغيير مظاهر الثقافة، وخلق توجهات حديثة قادت إلى فتح آفاق وفرص جديدة للقطاعات الثقافية مثل الموسيقى والأفلام وغيرها. واستعرض بن دايل دور المحتوى الحديث في سد الفجوة بين صانعي القرار في القطاعات الثقافية والجمهور، مما أدى إلى إيجاد مصادر ربحية جديدة مكّنت القطاع، وعزّزت حضوره ضمن المنظومة الاقتصادية في المملكة العربية السعودية. أيضاً استعرض الرئيس التنفيذي ملامح النمو المتسارع لاقتصاد صناعة المحتوى، وأثره في تمكين العديد من المشاركين والمستثمرين وصنّاع المحتوى في القطاعات الثقافية.CDF's CEO During the Session

من جانبه تناول مدير برنامج تمويل قطاع الأفلام في الصندوق الثقافي، الأستاذ فيصل العسيري، وعبر جلسة نقاشية بعنوان “ممكنات قطاع الأفلام: تعزيزًا لسوق الأفلام الإقليمي”، مدى الأثر الذي يحدثه إنتاج الأفلام على ازدهار المناطق، ودوره في دعم اقتصادات الدول، وجذب الاستثمار وخلق وجهات جاذبة للسياح، وتعزيز المشهد الفني والثقافي في الدول. كما شدّد العسيري على أهمية تكامل الأدوار بين الجهات الحكومية وشركات القطاع الخاص الممولة لمشاريع الأفلام، بالإضافة إلى أهمية وجود الموارد المحلية لخلق مواقع تصوير جاذبة للمنتجين المحليين والدوليين.

وقد شارك الصندوق في المنتدى عبر جناح مصاحب مثّل حلقة تواصل بين الصندوق والزوار حول أهمية الاستثمار في القطاع الثقافي وأثره المتنامي والفعّال في نمو الاقتصاد. وللتعريف بالبرامج التي يطلقها الصندوق لتوفير أدوات تمويل مستدامة. كما أتاح الجناح الفرصة لرفع الوعي بالدور التنموي للصندوق وجهوده في تحفيز القطاعين الخاص وغير الربحي للمشاركة في خلق منظومة ثقافية جاذبة للمؤسسات المالية وبيوت الخبرة العالمية للاستثمار في القطاعات الثقافية من خلال تسليط الضوء على فرص القطاع.

وتأتي كل هذه الجهود منسجمة مع أهداف مؤسسة مبادرة مستقبل الاستثمار لمواصلة بناء شبكة فعّالة تضم أهم الأطراف المؤثرة في الساحة العالمية، إضافة إلى تسليط الضوء على القطاعات الناشئة التي ستعمل على رسم مشهد الاستثمار الدولي وتشكيل مستقبل الاقتصاد العالمي خلال العقود القليلة المقبلة .

Photo – https://mma.prnewswire.com/media/1932762/CDF_Mohammed_Bindayel.jpg
Photo – https://mma.prnewswire.com/media/1932763/Cultural_Development_Fund.jpg