Shining light on a murky regulatory review

first_img Show Comments ▼ Share Wednesday 22 September 2010 8:21 pm Tags: NULL WHEN Vince Cable told the Liberal Democrat conference, “I am shining a harsh light into the murky world of corporate behaviour,” that was his cryptic way of announcing to the nation a comprehensive regulatory review. With potentially far-reaching impact, this rather shadowy proposal deserves more light than Cable gave it in his remarks.The detailed announcement says: “We will look at the economic impact of takeovers, shareholder responsibility, corporate incentives and pay – all the factors that can help us build a framework founded on long-term economic logic.” But what does it mean?Some of this is old news – the Takeover Panel has been running its review of M&A rules since the summer – but Cable is by no means just reheating political announcements. His detailed statement makes this plain: “My department is complementing this work with a comprehensive review that will ask fundamental questions about corporate governance and short-termism.”In translation, that seems to indicate that Cable wants the popular outrage against the Cadbury takeover reflected in changes to the rules around shareholder power. Cable goes on to say, “we aim to put responsible shareholders back in the driving seat of the economy”. Responsibility here is redefined solely in his terms, putting Cable in that driving seat: he is supremely confident in his own judgement. Yet his highhanded assumption that shareholders have been irresponsible is as questionable as his belief that the financial crisis can be laid squarely at the feet of “financial gamblers who value a quick buck above all else”.The Cadbury bid may have been a blow for British pride but it was a reflection of problems with Cadbury that had been evident in sluggish performance over much of the past decade. Economic nationalism showed little hope of solving these fundamental weaknesses. The takeover premium was 50 per cent up on Cadbury’s share price the August before, scarcely a derisory offer.It would be less troubling if Cable were a cynic, playing the mystic chords of economic populism only so long as they bring him power. But it seems he really does believe that “shareholders that act like long-term owners” will be better for the economy than those who seek to move capital to its most productive uses.A consultation on Cable’s plan will launch this autumn. Business must be ready to put its case firmly if it is not to find itself carrying a regulatory burden based on questionable assumptions and tabloid pandering. whatsappcenter_img Shining light on a murky regulatory review whatsapp KCS-content last_img read more

Diamond set to receive a smaller bonus

first_img Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp whatsapp Share BARCLAYS’ new chief executive Bob Diamond is preparing to receive a pared down bonus for 2010, despite heading up the bank’s investment banking arm last year.While an investment banking bonus would normally be around £15m-£25m, Diamond is likely to get more of a chief executive’s bonus, in the £6-£10m range, despite only just taking over the lead role at the bank.It is also likely to be weighted heavily towards shares rather than cash, going beyond new requirements from Europe that at least 50 per cent of any bonus is in non-cash instruments.However, with bank values depressed, some analysts think that an award in shares could actually be worth more.Diamond is due to be grilled tomorrow by the prominent Treasury select committee, whose members have promised to give him “a rough ride”.Committee member John Mann told City A.M. that large payments to bankers come “at the expense of small businesses and industrialists”.He said: “In the background of the taxpayer having to take a hit for the banks, where’s Mr Diamond and his colleagues’ hit for the recession they caused?”He added that the difference between those banks that were bailed out and those that weren’t was “wafer thin”.Diamond was branded “the unacceptable face of banking” by former business secretary Lord Mandelson last year, after being awarded £60m in compensation over five years.Treasury select committee chair Andrew Tyrie said that his priority is to question Diamond over the competitiveness of retail banking rather than bonuses. KCS-content center_img Diamond set to receive a smaller bonus by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Sunday 9 January 2011 11:06 pm Show Comments ▼ last_img read more

Beef Lightning Megaways by Big Time Gaming

first_imgGame type:Video slot (Megaways)Go-live date (expected):16/06/2021Game special features:– Megaways – Free spins– Expanding wildsNumber of paylines:117,649Number of reels:6RTP% (recorded/theoretical):96.43%Variance/volatility:HighNumber of symbols to trigger feature/bonus?3Can feature be retriggered?YesNumber of free spins awarded?12Stacked or expanding wilds in normal play?YesStacked or expanding wilds in feature play?YesNumber of jackpot tiers?N/AAuto-play function?Yes Topics: Casino & games Slots Subscribe to the iGaming newsletter 8th June 2021 | By Aaron Noy AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Big Time Gaming takes you down to the farm with its upcoming release, Beef Lightning Megaways. It’s Megaways, so it’s six reels, 117,649 Megaways to win and high volatility… married to a cattle auction. Go figure. Your players will love the catchy, electric farmyard funk track that may or may not be borrowing some grease from a certain ’70s film. The cows are taking over the scatters too, with players requiring just three to spell out ‘MOO’ to land 12 free spins. Email Address Slots Beef Lightning Megaways by Big Time Gaming You can play a demo of Beef Lightning Megaways here!You can download the First Look Games affiliate pack for Beef Lightning Megaways here!last_img read more

WynnBet signs partnership with MLB’s Cincinnati Reds

first_img Wynn Resorts’ online sports betting brand WynnBet has announced a new corporate partnership with Ohio-based Major League Baseball (MLB) team the Cincinnati Reds. Tags: WynnBET Cincinnati Reds AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Sponsorship Topics: Marketing & affiliates Sports betting Marketing Sponsorship Online sports betting Sportsbook WynnBet will gain access to official Reds marks and logos for use across its online products, as well as marketing assets to create co-branded promotional offers for sports bettors which will be made available only through the operator’s app for users in Indiana. While sports betting isn’t yet legal in Ohio or Kentucky, which make up most of the Reds’ local markets, the operator said it hoped to use the deal to reach fans in Indiana, as the mobile sportsbook expands in the state. Read the full story on iGB North America.center_img WynnBet signs partnership with MLB’s Cincinnati Reds The operator will also offer fans the chance to receive Reds game tickets and team memorabilia during select promotions. Regions: US Indiana Ohio Subscribe to the iGaming newsletter 15th June 2021 | By Conor Mulheir Email Addresslast_img read more

Stock market crash 2020: a rare chance to buy cheap UK shares ahead of a recovery?

first_img Peter Stephens | Thursday, 12th November, 2020 Despite a recent rebound after the 2020 stock market crash, there are a wide range of cheap UK shares available to buy. In fact, indexes such as the FTSE 100 and FTSE 250 continue to trade significantly below their levels from the start of the year. Within them, some sectors remain unpopular among investors due to the uncertainty they currently face.Therefore, now could be a rare opportunity to buy high-quality companies while they offer wide margins of safety. Certainly, short-term risks are likely to persist at high levels. But, over the coming years, a stock market recovery could lead to impressive capital gains across the equity market.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A rare opportunity to buy cheap UK sharesAs mentioned, the 2020 stock market crash has left many cheap UK shares available to purchase. Such events don’t happen all that frequently. For example, this year’s bear market was the first decline of such a size in indexes such as the FTSE 100 and FTSE 250 for over a decade. Therefore, while today’s low share prices may return in future, such a situation may not take place for a number of years.In some cases, FTSE 100 and FTSE 250 shares are trading at extremely low valuations. Sectors that are relatively cyclical, in terms of being reliant on the economic outlook to a large extent, are currently very unpopular among investors.They include companies trading in industries such as banking, energy, travel & leisure and some retailers. As such, some businesses are trading at prices significantly below their long-term averages following the stock market crash. This may mean their valuations include wide margins of safety that account for the risks they face in the coming months.A recovery after the stock market crashOf course, a recovery that pushes the values of cheap UK shares higher may currently seem unlikely. Especially after the 2020 stock market crash that caused significant disappointment. Certainly, excitement among investors has risen recently due to encouraging news regarding vaccine development.However, the process of vaccinating the population en masse is likely to take a considerable amount of time. Meanwhile, risks such as Brexit and a weak economic outlook are set to remain in place in the coming months. They could cause investor sentiment to remain very volatile.Despite this, the stock market has a long track record of recovering from even its very worst declines. For example, the last major bear market prior to the 2020 stock market crash saw over 50% wiped off the value of the FTSE 100.However, within a few years the market had doubled to fully recover, before pushing on to new record highs. Therefore, purchasing high-quality businesses likely to survive short-term challenges to benefit from a long-term recovery after the stock market crash may prove to be a profitable strategy. Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Stock market crash 2020: a rare chance to buy cheap UK shares ahead of a recovery? “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Peter Stephens Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this.last_img read more

RIP: Homiletics Professor Mitties DeChamplain

first_imgRIP: Homiletics Professor Mitties DeChamplain Press Release Service Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Canon for Family Ministry Jackson, MS Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Course Director Jerusalem, Israel Priest-in-Charge Lebanon, OH Eduardo Roberto Bresciani says: Associate Rector for Family Ministries Anchorage, AK Associate Priest for Pastoral Care New York, NY Comments (2) Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Martinsville, VA Rector Tampa, FL Director of Music Morristown, NJ Cathedral Dean Boise, ID May 10, 2018 at 10:43 am It is with much sadness that I learn the of the Reverend Mitties McDonald DeChamplain. Her life was an inspiration to all of us in the Diocese of Los Angeles. Assistant/Associate Priest Scottsdale, AZ In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Posted May 9, 2018 Submit a Press Release TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Curate Diocese of Nebraska Rector Bath, NC Rector Albany, NY May 10, 2018 at 5:57 am I would like [very very modestly] to give all my condolences for the death of Most Hon. Rev. Dr. Mitties DeChamplain. If I am allowed to write a few more words, I would like to add that this blessed woman/priest/person showed my a very very terrific example of greatness and commitment; therefore I shall not even find proper words to adequately express it; thank you. Jean [Francois] Renaud [from the Bern-Fribourg region; Switzerland.] Rector Washington, DC Rector/Priest in Charge (PT) Lisbon, ME Assistant/Associate Rector Washington, DC Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Associate Rector Columbus, GA Rector Smithfield, NC Rector Pittsburgh, PA Obituary, People, The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Comments are closed. jean renaid says: Rector Knoxville, TN [Episcopal News Service] The Rev. Mitties McDonald DeChamplain, who for many years served as a professor of homiletics at the General Theological Seminary in Manhattan, died May 8 after a brief hospitalization.Born in 1948 in Pasadena, California, DeChamplain earned her doctorate in communications from the University of Southern California. Drawn to the Episcopal priesthood, she was ordained by Bishop Frederick Borsch in the Diocese of Los Angeles in 1996 and taught homiletics at Fuller Theological Seminary, an evangelical seminary in Pasadena. Her love for the Episcopal Church, however, led her in 1998 to leave Fuller in California to join the faculty of General Seminary in Manhattan. There, until the school’s 2016 commencement, she helped to educate and prepare future Episcopal clergy to be preachers.“As a professor of homiletics, Mitties understood the need and benefit of being a regular preacher herself, so throughout her academic career at General, she also served congregations of New York City,” wrote Diocese of New York Bishop Andrew Dietsche in announcing DeChamplain’s death. “She is perhaps best known for her ministry at St. Clement’s in the theatre district of Manhattan, a Spirit-led setting for her since she was an avid enthusiast of Broadway musicals. Nevertheless, other congregations knew her well and cherished her ministry, including most recently the Church of Saint Mary the Virgin, also in the theatre district, and Trinity Church in the Morrisania neighborhood of the Bronx, where Mitties had been a regular supply priest.”Soon after word of her death spread, friends and former students began posting tributes to DeChamplain on each of her Facebook pages, here and here. DeChamplain volunteered for months as a chaplain at the Temporary Mortuary at Ground Zero in Manhattan after the attacks of Sept. 11, 2001, blessing remains as they were recovered, and ministering to recovery workers and law enforcement personnel. One Facebook friend, the Rev. Storm Swain, noted that DeChamplain is the fourth Ground Zero Temporary Mortuary chaplain to die in the years since their ministry in lower Manhattan.The Rev. Mitties McDonald DeChamplain’s chaplaincy work is remembered in the Ground Zero Museum Recovery Collection.Photo: Gary Marlon SusonDeChamplain was also part of a group of eight General Theological Seminary faculty members who disputed changes at the school in the fall of 2014. They said that the Very Rev. Kurt Dunkle, seminary president and dean, had created an “unsustainable” working environment. The eight faculty members stopped teaching, attending meetings and participating in worship. That action led to their firing, and the dispute gained national attention. The school’s board of trustees, dean and faculty reached an agreement later in the fall that allowed for the provisional reinstatement of faculty members. DeChamplain rejoined the faculty in the fall of 2015 and was honored by the seminary at the end of that academic year.Funeral arrangements are still being made. DeChamplain is survived by her brother, Scott, as well as Jeff, Laurel and Chontel, the children of her late husband, Ron. Youth Minister Lorton, VA Rector Belleville, IL Director of Administration & Finance Atlanta, GA Missioner for Disaster Resilience Sacramento, CA Rector (FT or PT) Indian River, MI Rector Collierville, TN Submit a Job Listing Submit an Event Listing New Berrigan Book With Episcopal Roots Cascade Books Rector Shreveport, LA Priest Associate or Director of Adult Ministries Greenville, SC Rector Hopkinsville, KY Tags AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Theological Education Featured Events Family Ministry Coordinator Baton Rouge, LA Curate (Associate & Priest-in-Charge) Traverse City, MI Bishop Diocesan Springfield, IL Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Assistant/Associate Rector Morristown, NJ Featured Jobs & Calls Rector and Chaplain Eugene, OR last_img read more

Tony Buckley’s big handoff on Simon Shaw

first_imgFriday Nov 16, 2007 Tony Buckley’s big handoff on Simon Shaw With Wasps pounding away at the line, Munster come back with a brilliant countershove, driving Paul Sackey back and dislodging the ball. Substitute front rower Tony Buckley picks up and sets off. Big English lock Simon Shaw has a go at him but Buckley says ‘Sorry mate, the bus is full’ and delivers a massive hand off that sends Shaw to the turf. Buckley then has the audacity to fling a great pass out which creates a counter-attacking opportunity for Munster. Great to see front rowers doing more than just the dog work in the scrums.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life Reports10 Types of Women You Should Never MarryNueeyHere’s the Purpose of These Little Bumps in the F and J Keys on Your KeyboardNueeyMen, Try This Tonight – You’ll Never Need the Blue Pill Again!Smart Life ReportsThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Two Cambodian journalists arrested, two others about to go on trial

first_img RSF_en Reporters Without Borders (RSF) condemns an increase in the judicial harassment of media personnel in Cambodia, including the arrests of two journalists covering a land dispute last week in the southeastern city of Sihanoukville, and the trial of two former Radio Free Asia journalists that is due to start of the end of this week in Phnom Penh. The CIJ’s vice-president wrote to the information ministry the next day insisting on their honesty, reporting that they had come across the protest by chance, and denying that they had committed any act of violence. News The two reporters were arrested exactly a week before former Radio Free Asia journalists Uon Chhin and Yeang Sothearin are due to go on trial in Phnom Penh on a trumped-up charge of “supplying a foreign state with information prejudicial to national defence,” on which they spent nine months in pre-trial detention after their arrests in November 2017. No serious evidence in support of the charge has yet to be produced. February 24, 2021 Find out more July 24, 2019 Two Cambodian journalists arrested, two others about to go on trial After covering a demonstration by people protesting against their eviction from land on the outskirts of Sihanoukville on 19 July, journalists Hun Sokha and Keo Ratana were arrested by military police later the same day for alleged violence against the land’s supposed owner. Hun Sokha is the publisher of the Facebook news page CPNTV and president of the Club of Independent Journalists (CIJ), while Keo Ratana is the editor of the online TV channel TN-TV. January 21, 2021 Find out more News “We call on the Sihanoukville prosecutor’s office to free the two journalists at once and, in the absence of any new evidence, to drop the charges against them,” said Daniel Bastard, the head of RSF’s Asia-Pacific desk. “This latest of countless press freedom violations by the Cambodian authorities serves as a reminder of how dangerous it has become to operate as an independent journalist in Cambodia.” No hard evidence News CambodiaAsia – Pacific Media independence Freedom of expressionJudicial harassment CambodiaAsia – Pacific Media independence Freedom of expressionJudicial harassment December 28, 2020 Find out morecenter_img After holding the two journalists for 72 hours, prosecutor Lim Bunheng nonetheless charged them with “incitement to commit felony” and “infringement of private property” under articles 29, 495 and 497 of the criminal code and article 253 of the land law, for which they are now facing up to two years in prison. Google experiments drop Australian media from search results News Follow the news on Cambodia to go further Receive email alerts RSF decries Cambodian plan for Chinese-style “Great Firewall” Help by sharing this information Cambodian journalist gets 20 months in jail for livestream In a series of videos filmed by RSF after their release, Uon Chhin and Yeang Sothearin described the appalling conditions in which they were held in Prey Sar prison and their precarious existence with their families since their release. Cambodia is ranked 143rd out of 180 countries in RSF’s 2019 World Press Freedom Index, one place lower than in 2018. Radio Free Asia vice-president Rohit Mahajan told RSF: “Uon Chhin and Yeang Sothearin face unsubstantiated charges, which never should have been brought forward in the first place. The Phnom Penh municipal court can rectify this unnecessary and troubling situation by dismissing the case and all charges against them without delay.” Organisation Hun Sokha and Keo Rattana (left) were arrested on Friday, July 18. Uon Chhin and Yeang Sothearin must appear before a judge on Friday, July 26. (photos: VOD – Tang Chhin Sothy / AFP). last_img read more

Rep. Schiff Statement on the Violence in Egypt

first_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes 10 recommended0 commentsShareShareTweetSharePin it Subscribe Community News First Heatwave Expected Next Week Rep. Adam Schiff (D-CA), a senior member of the Intelligence Committee, released the following statement after President Obama announced earlier today that he had canceled a joint military exercise with Egypt in the wake of violent protests resulting in over 500 casualties across Egypt:“President Obama was right to rebuke Egypt’s military leaders for the horrific bloodbath that took place yesterday. Nothing can justify the brutality that was visited upon largely peaceful protestors, and the President properly cancelled Operation Bright Star, the annual U.S-Egyptian military exercise scheduled for next month.“There is still time for both sides to step back from the abyss of a civil war and I urge the Egyptian military to lift the state of emergency that it has imposed and to re-open a political dialogue with all parties in Egypt with the goal of returning the country to a path towards democracy.“I have never expected the transitions unleashed by the Arab Spring to be quick, easy or painless. Revolution in brittle, unstable societies harbors the propensity for extreme violence. Egypt’s military leaders must be made to realize that dissatisfaction with the government of deposed President Morsi and the Muslim Brotherhood cannot excuse the brutality that we have witnessed in the past few days. Egypt must return to the path of an inclusive political system that respects the rights of all its people.” Your email address will not be published. Required fields are marked * Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Top of the News Government Rep. Schiff Statement on the Violence in Egypt Published on Thursday, August 15, 2013 | 12:34 pmcenter_img EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS More Cool Stuff Business News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Name (required)  Mail (required) (not be published)  Website  Make a comment Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday HerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeautyHerbeautyRed Meat Is Dangerous And Here Is The ProofHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautylast_img read more

Permanent Commission- “How Do You Ignore Those Women Who Are Not Considered In The Past, Are Now Not Being Granted PC Citing Bodily Impairments”: SC Asks Centre

first_imgTop StoriesPermanent Commission- “How Do You Ignore Those Women Who Are Not Considered In The Past, Are Now Not Being Granted PC Citing Bodily Impairments”: SC Asks Centre Srishti Ojha3 March 2021 7:55 AMShare This – xJustice Chandrachud observed that it is true that women go through certain aspects like childbirth, menopause etc which changes their body and this cannot be ignored. He added that the idea here is not to give women officers special dispensation but how do you ignore that those women who weren’t considered for PC in the past, are now not being granted it based on bodily impairments.A division Bench of the Supreme Court comprising of Justice DY Chandrachud and Justice MR Shah on Wednesday heard a batch of pleas filed by women Army officers seeking grant of permanent commission and related benefits. The Court will continue hearing the matter again on Thursday, March 4th. During the hearing today Senior Advocate PS Patwalia made submissions on behalf of some…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginA division Bench of the Supreme Court comprising of Justice DY Chandrachud and Justice MR Shah on Wednesday heard a batch of pleas filed by women Army officers seeking grant of permanent commission and related benefits. The Court will continue hearing the matter again on Thursday, March 4th. During the hearing today Senior Advocate PS Patwalia made submissions on behalf of some of the women Army officers stating that these officers were not assessed like their male counterparts after completion of 5 years of service. Senior Advocate Balasubramaniam appearing for the Defence Ministry explained the Court about the medical categories based on which officers are assessed for grant of permanent commission. He stated there are 5 medical categories SHAPE, which is an acronym, where S stands for psychiatric, H for hearing, A for appendages, P is for physical and E is for eye sight. While Shape 1 is the fittest, Shape 5 is on other end of spectrum and means the officer is unfit for any duty and will have to be released from duty. “So If a person is on 1 in any of the parameters they are out? ” the Bench asked.Senior Counsel Balasubramaniam answered in the affirmative and stated that if a person is in a temporary medical category, time is given so their condition stabilises. Senior Advocate PS Patwalia submitted that for grant of permanent commission to these officers, the medical criteria that is being applied now is that which was applied to their male counterparts after the first 5 years of their service, when they are 25-30 years of age. “All that we are saying is treat us like our male counterparts” – Senior Advocate PS Patwalia remarked.”So you are not seeking any special treatment. You are saying that don’t asses us today based on criteria of assessment of male counterparts at age of 25″ the Bench noted.Justice Chandrachud observed that it is true that women go through certain aspects like childbirth, menopause etc which changes their body and this cannot be ignored. He added that the idea here is not to give women officers special dispensation but how do you ignore that those women who weren’t considered for PC in the past, are now not being granted it based on bodily impairments.Patwalia submitted that this is a peculiar batch of officers who hadn’t completed their 14 years of service when the Court issued its judgement last year but had completed 14 years when the circular for grant of PC was issue, and therefore they should have been considered. Mr Patwalia also stated that the granting PC to women officers based on the last empaneled male officer was not correct, as the ACRs of the male officers were written keeping in mind that they would be considered for PC while the same was not true for women officers. Advocate Tarunvir Khehar appearing for one Army Officer Lt Col Megha Gupta submitted that being in a technical course, she was granted a retrospective seniority, and should therefore come under the minimum scope of being granted permanent commission. In response to the Bench’s question as to how the officer was given retrospective seniority, Khehar clarified that the petitioner is in a technical course, and officers in special courses like Doctors, JAG, etc are given extra seniority. Khehar further stated that the petitioner was considered by a Special Review Board and results should have been out by now. He added that the respondents should consider telling him the result of review of her consideration for permanent commission. Senior Advocate Huzefa Ahmadi appeared on behalf of the petitioner women officers who have finished 10-14 years of service. He submitted that there are two aspects, One with regard to Permanent Commission, and second with regard to right to pension. The Court asked Ahmadi as to how the petitioners can be considered if they haven’t even completed 14 years of service. Ahmadi responded by stating there is no intelligible differentia between people in the category of those in 10-14 years and those who have completed 14 years. Some of the submissions made by Senior Counsel Ahmadi were: The aspect that today they cannot be considered for any other employment hasn’t been considered. If they are not considered they will be left high and dry, it will be unjust and the Court should find a way to alleviate that The case of the women who have served for 10-14 years was not represented before this Court, please find a way to alleviate that. They have been denied PC based on a wrong threshold. The threshold and criteria applied to a male officers after 5 years is what is being applied to a lady officer after 15 years. This is like comparing apples and oranges. The ACR’s, being made the basis for considering them for PC now, were being marked for these officers back then in a casual manner This is arbitrary. These officers in so far as pension is concerned, if they’re retired without pension, they won’t be able to get any other government job and have no other career option available.This wasn’t brought before this Court before and the Court should alleviate that. The male officers are allowed direct entry into Permanent commission, but the same is not available to women officers, who have to get into Short service commission first. Equality should be in all terms. ” Your point is that can they apply the same medical yardstick to women that are being considered for PC much later due to government’s delay in execution of the High Court’s order, as was applied to male counterparts much earlier.” the Bench observed.Advocate Shri Venkatesh for Intervenors who are scheduled to be discharged from service in March 2021. He stated that the discharge orders were issued on 19th November 2020 and are effective from March 2021, so these officers stand to be discharged on 16 March. Advocate Venkatesh submitted that the male officers are given two options to appear before a selection Board, but after deciding to discharge the petitioner female officers in November, a second SB chance was not given to them, and is therefore an issue of equity. These officers are being ousted on the first selection itself, and had they been given a second chance, they could have improved their performance and been selected in the second board. Advocate Venkatesh also urged the Court to consider granting these officers an interim relief by these officers will be discharged in March and if no interim order is issued, they will be discharged and we will have no remedy left. On being informed by Senior Advocate Meenakshi Arora that salaries of some petitioner women officers for the month of January haven’t been released, the Bench stated that salary of these officers should be released by Friday. Supreme Court of India, in a significant judgment on gender equality, had in February 2020 directed that Permanent Commission should be granted to women in army regardless of their service, in all the ten streams where the Union Government have already taken a decision to grant Short Service Commission to women. The Court also held that absolute exclusion of women from command assignments is against Article 14 of the Constitution and unjustified. Therefore, the policy that women will be given only “staff appointments” was held to be unenforceable by the Court. The Court had held that an absolute prohibition of women SSC officers to obtain anything but staff appointments evidently does not fulfil the purpose of granting PCs as a means of career advancement in the Army. The blanket non- consideration of women for criteria or command appointments absent an individuated justification by the Army cannot be sustained in lawSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more