ROSEN, LEADING TRIAL ATTORNEYS, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLUG

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Plug Power Inc. (NASDAQ: PLUG) between August 9, 2022 and March 1, 2023, both dates inclusive (the "Class Period") of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power common stock 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 Plug Power class action, go to https://rosenlegal.com/submit–form/?case_id=1011 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 June 12, 2023. 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 litigate 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: The lawsuit alleges that, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Plug's business and operations. Specifically, defendants misrepresented and/or failed to disclose that Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendants' statements about Plug Power's business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Plug Power class action, go to https://rosenlegal.com/submit–form/?case_id=1011 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 8846734)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Beyond Meat, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – BYND

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Beyond Meat, Inc. (NASDAQ: BYND) between May 5, 2020 and October 13, 2022, both dates inclusive (the "Class Period"), of the important July 10, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Beyond Meat common stock 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 Beyond Meat class action, go to https://rosenlegal.com/submit–form/?case_id=16090 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 July 10, 2023. 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 litigate 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 materially false and/or misleading statements and/or failed to disclose that: (1) Beyond Meat was unable to manufacture its meat substitutes at scale to the specifications of its business partners; (2) Beyond Meat suffered from widespread scaling issues, particularly misalignment and delayed decision–making, which led to corresponding production delays; (3) such issues were exacerbated by Beyond Meat's disjoined production lines; and (4) these problems led some business partners to balk at the high price of Beyond Meat's products and express doubts about the Company's ability to produce them at commercial scale. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Beyond Meat class action, go to https://rosenlegal.com/submit–form/?case_id=16090 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 8846740)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Alliance Data Systems Corporation n/k/a Bread Financial Holdings, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – LYLT, LYLTQ

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Loyalty Ventures Inc. (NASDAQ: LYLT) (OTC: LYLTQ) between November 8, 2021 and June 7, 2022, both dates inclusive (the "Class Period"), of the important June 26, 2023 lead plaintiff deadline. Loyalty Ventures was created as a result of a November 2021 spinoff from Alliance Data Systems Corporation n/k/a Bread Financial Holdings, Inc., the defendant company in this case. A class action lawsuit has already been filed.

SO WHAT: If you purchased Loyalty Ventures common stock 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 Loyalty Ventures class action, go to https://rosenlegal.com/submit–form/?case_id=6803 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 June 26, 2023. 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 litigate 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 materially false and/or misleading statements and/or failed to disclose that: (1) the Air Miles program suffered from a lack of investment prior to the spinoff; (2) as a result, Sobeys Inc., the second–largest supermarket chain in Canada and the second–largest sponsor in the Air Miles program, had informed defendants it was considering exercising its early termination rights; (3) the threat of Sobeys' departure loomed throughout 2021 including in the timeframe leading up to the spinoff; (4) defendants expected the departure of any single large sponsor, such as Sobeys, would have "network effect" on the value of the entire Air Miles program; (5) the high leverage and debt service obligations foisted upon Loyalty Ventures, in conjunction with the "network effect" impact on the value of the Air Miles business, threatened the Company's ability to continue operations; and (6) as a result, defendants' positive statements about the Company's financial guidance, 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 Loyalty Ventures class action, go to https://rosenlegal.com/submit–form/?case_id=6803 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 8846710)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages adidas AG Investors With Losses to Secure Counsel Before Important Deadline in First Filed Securities Class Action Commenced by the Firm – ADDYY, ADDDF

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of adidas AG (OTC: ADDYY, ADDDF) between May 3, 2018 and February 21, 2023, both dates inclusive (the "Class Period"), of the important June 27, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased adidas 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 adidas class action, go to https://rosenlegal.com/submit–form/?case_id=12204 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 June 27, 2023. 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 litigate 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 materially false and/or misleading statements and/or failed to disclose that: (1) in addition to other misconduct, Kanye West (also known as Ye) made anti–Semitic comments in front of adidas staff, and even suggested naming an album after Adolf Hitler; (2) adidas was aware of his behavior, and failed to warn investors that it was aware of that behavior, and had considered ending the Partnership, a business association with adidas and Kanye West, as a result; (3) adidas failed to take meaningful precautionary measures to limit negative financial exposure if the Partnership were to end as a result of Kanye West's behavior; (4) adidas overstated the risk mitigation measures it took with regard to Yeezy shoes in the event that it terminated the Partnership; and (5) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the adidas class action, go to https://rosenlegal.com/submit–form/?case_id=12204 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 or 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 8846525)

As Game of Thrones Rages in Sudan, the Neighbors Pay the Price

Long wait at the border between Sudan and Egypt. Credit: Hisham Allam/IPS

Long wait at the border between Sudan and Egypt. Credit: Hisham Allam/IPS

By Hisham Allam
CAIRO, May 25 2023 – The conflict in Sudan is impacting the economy in Egypt, and those who make their living moving goods across the borders have spent weeks hoping the situation will normalize.

Muhammad Saqr, a truck driver, left Cairo with a load of thinners on April 13, heading to Khartoum. By the time he had arrived at the border, the battle had flared up. Saqr remained, like dozens of trucks, waiting for the borders to be reopened.

On April 15, 2023, clashes erupted in Sudan between the army led by Lieutenant General Abdel Fattah al-Burhan and the Rapid Support Forces led by Lieutenant General Muhammad Hamdan Dagalo, known as “Hamidti.” According to the UN, the clashes have resulted in hundreds of deaths and displaced more than a million people, with 840,000 internally displaced while another 250,000 have crossed the borders.

Saqr was stuck at the border for 28 days.

“We began to run out of supplies, and we reassured ourselves that the situation would improve tomorrow. Twenty-eight days passed while we slept in the open. The information we received from the bus drivers transporting the displaced from Sudan to Egypt convinced us that there would be no immediate relief. We knew that if we entered Khartoum alive, we would leave in shrouds,” Saqr told IPS.

“The merchant to whom we were transferring the goods asked us to wait and not return (home), particularly because he could not pay the customs duties due to the banks’ closure.”

Muhammad Saqr at the border of Sudan and Egypt.

Muhammad Saqr at the border of Sudan and Egypt.

Eventually, they returned with the goods to Cairo, Saqr said.

Mahmoud Asaad, a driver, was stuck on the Sudanese side of the border. Due to customs papers and permits, the livestock he was transporting had already been stuck in the customs barn in Wadi Halfa, Sudan, for thirty days. Then when the conflict broke out, the cows were trapped for another thirty days.

“We used to transport shipments of animals from Sudan to Egypt regularly,” Asaad explains. The average daily transport of animals to Egypt was roughly 60 trucks laden with cows and camels. This trade has stopped, and many Sudanese importers have fled to Egypt while waiting for the conflict to end.

“Sudan is regarded as a gateway for Egyptian exports to enter the markets of the Nile Basin countries and East Africa, and the continuation of war and insecurity will reduce the volume of trade exchange between the two countries, negatively impacting the Egyptian economy, which is currently experiencing some crises,” Matta Bishai, head of the Internal Trade and Supply Committee of the Importer’s Division of the General Federation of Chambers of Commerce, told IPS.

According to Bishai, commodity prices have risen significantly in recent months as the Egyptian pound has fallen against the US dollar. He also stated that the current situation in Sudan would result in additional price increases in the coming months, particularly for commodities imported from Sudan, such as meat.

Bishai explained that while Egypt had an ample domestic meat supply, it was nevertheless reliant on imports. Importing it from other countries such as Colombia, Brazil, and Chad would take longer and be more expensive than importing it from Sudan, as land transport is more convenient and cheaper than transporting the goods by sea.

According to Bishai, Sudan is a major supplier of livestock and live meat to Egypt, supplying about 10 percent of Egypt’s requirements. Higher meat prices will put additional pressure on Egypt’s inflation rates.

“Rising commodity prices, combined with the current situation in Sudan, are expected to result in higher inflation rates in Egypt in the coming months,” said Bishai.

According to data from the General Authority for Export and Import Control on trade exchange between Egypt and the African continent during the first quarter of this year, Sudan ranked second among the top five markets receiving Egyptian exports, valued at USD 226 million.

According to Ahmed Samir, the Egyptian Minister of Trade and Industry, the volume of trade exchange between Egypt and African markets amounted to about USD 2,12 billion in the first quarter of this year, with the value of Egyptian commodity exports to the continent totaling USD 1,61 billion and Egyptian imports from the continent totaling UD 506 million.

Mohamed Al-Kilani, an economics professor and member of the Egyptian Society of Political Economy, said: “The negative consequences will be felt in the trade exchange, which has recently increased and reached USD2 billion. Egypt has attempted to expedite the import process from Sudan by expanding the road network and building a railway.”

Credit rating agency Moody’s warned that should the conflict in Sudan continue for an extended period, it would have an adverse credit impact on neighboring countries and impact multilateral development banks. Moody’s added that if the clashes in Sudan turn into a long civil war, destroying infrastructure and worsening social conditions, there will be long-term economic consequences and a decline in the quality of Sudan’s multilateral banks’ assets, as well as an increase in non-performing loans and liquidity.

As the conflict entered its sixth week, attempts at a ceasefire have failed – with both sides accusing each other of violating agreements.

IPS UN Bureau Report

 


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Climate Change Gets Its Day in Court

Credit: Save the Children Vanuatu/Facebook

By Inés M. Pousadela
MONTEVIDEO, Uruguay, May 25 2023 – As a matter of global justice, the climate crisis has rightfully made its way to the world’s highest court.

On 29 March 2023, the United Nations General Assembly (UNGA) unanimously adopted a resolution asking the International Court of Justice (ICJ) to issue an advisory opinion on the obligations of states on climate change. The initiative was led by the Pacific Island state of Vanuatu, one of several at risk of disappearing under rising sea levels. It was co-sponsored by 132 states and actively supported by networks of grassroots youth groups from the Pacific and around the world.

Civil society’s campaign

In 2019, a group of law students from the University of the South Pacific formed Pacific Islands Students Fighting Climate Change (PISFCC), a regional organisation with national chapters in Fiji, the Solomon Islands, Tonga and Vanuatu. PISFCC advocated with the Pacific Island Forum – the key regional body – to put the call for an ICJ opinion on its agenda. The government of Vanuatu announced it would seek this in September 2021, and Pacific civil society organisations (CSOs) formed an alliance – the Alliance for a Climate Justice Advisory Opinion – that has since grown to include CSOs and many others from around the world, including UN Special Rapporteurs and global experts.

The campaign made heavy use of social media, with people sharing their stories on the impacts of climate change and emphasising the importance of an ICJ opinion to help support calls for climate action, including climate litigation. It organised globally, sharing a toolkit used by activists around the world, and took to the streets locally. In Vanuatu, where it all started, children demonstrated in September 2022 to call attention to the impacts of climate change as their country’s single greatest development threat and express support for the call for an ICJ opinion.

In the run-up to the UNGA session that adopted the historic resolution, thousands of CSOs from around the world supported a letter calling for governments to back the vote.

The ICJ’s role

The ICJ is made up of 15 judges elected by the UNGA and UN Security Council. It settles legal disputes between states and provides advisory opinions on legal questions referred to it by other parts of the UN system.

The questions posed to the ICJ aim to clarify the obligations of states under international law to protect the climate system and environment from human-induced greenhouse gas emissions. They also ask about the legal responsibilities of states that have caused significant environmental harm towards other states, particularly small islands, and towards current and future generations.

To provide its advisory opinion, the ICJ will have to interpret states’ obligations as outlined in the 1992 UN Framework Convention on Climate Change and the 2015 Paris Agreement as well as the Universal Declaration of Human Rights and a variety of international covenants and treaties. It may consider previous UNGA resolutions on climate change, such as the recent one recognising access to a clean, healthy and sustainable environment as a universal human right, and other resolutions by the UN Human Rights Council and reports by the Office of the UN High Commissioner of Human Rights and its independent human rights experts. It may also take into account decisions by UN treaty bodies and its own jurisprudence on climate and environmental matters.

Next steps

According to its statute, the ICJ can seek written statements from states or international organisations likely to have relevant information on the issue at hand. On 20 April, it communicated its decision to treat the UN and all its member states as ‘likely to be able to furnish information on the questions submitted to the Court’ and gave them six months to submit written statements, after which they will have three months to make written comments on statements made by other states or organisations.

Civil society doesn’t have any right to submit formal statements, so climate activists are urging as many people as possible to advocate towards their governments to make strong submissions that will lead to a progressive ICJ opinion. After submissions close, the ICJ is likely to take several months to deliberate, so its opinion may be expected at some point in 2024, likely towards the end of the year.

Advisory opinions aren’t binding. They don’t impose obligations on states. But they shape the global understanding of states’ obligations under international law and can motivate states to show their compliance with rising standards. An ICJ opinion could positively influence climate negotiations, pushing forward long-delayed initiatives on funding for loss and damage. It could encourage states to make more ambitious pledges to cut greenhouse gas emissions. It might also help raise awareness of the particular risks faced by small island states and provide arguments in favour of stronger climate action, helping climate advocates gain ground within governments.

A progressive advisory opinion could also help support domestic climate litigation: research shows that domestic courts are increasingly inclined to cite ICJ opinions and other sources of international law, including when it comes to determining climate issues.

The risk can’t be ruled out of a disappointing ICJ opinion merely reiterating the content of existing climate treaties without making any progress on states’ obligations. But climate activists find reasons to expect much more: many see this as a unique opportunity, brought about by their own persistent efforts, to advance climate justice and push for action that meets the scale of the crisis.

Inés M. Pousadela is CIVICUS Senior Research Specialist, co-director and writer for CIVICUS Lens and co-author of the State of Civil Society Report.

 


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Population Denialism is Reminiscent of Climate Denialism

Women line up to receive beneficiary cards to buy fortified flour to prevent malnutrition in Kongoussi, Burkina Faso. April 2023. Credit: WFP/Cheick Omar Bandaogo

By Kirsten Stade
ST PAUL, Minnesota, USA, May 25 2023 – A new study estimates that global heating will push billions of people outside the comfortable range of temperature and weather in which we have evolved.

While coverage of the study notes that rapid emissions cuts could greatly reduce the number of people forced to live amid unprecedented extremes, it fails to mention the obvious: that reducing our population would have the same effect.

Not long ago, the idea that human population growth drives both human suffering and environmental decline was considered common sense. That changed in the 1990s in the wake of several egregious population control programs, ranging from China’s one-child policy to forced sterilizations in China, India, Puerto Rico, and elsewhere.

Today, the mere mention of population growth in connection with environmental protection or human well-being gets demonized as “neo-Malthusian” or “eugenicist” – notwithstanding the fact that the vast majority of efforts to lower fertility, whether to alleviate poverty or to reduce pressure on resources, have been rights-based and voluntary.

What is most troubling about this mischaracterization is that it deflects attention from the enormous violations of reproductive rights that occur in the name of increasing reproduction.

Pronatalism — the social pressures, religious doctrine, and government policies designed to induce people to have more children – has long been the most prevalent form of reproductive coercion.

Impressed upon people by family members, religious leaders, and politicians pursuing racist, nationalist, military, and/or economic agendas, pronatalism shows up through abortion bans and alarmist messaging that promotes childbirth for certain ethnic groups. The common thread is treating people as reproductive vessels for external agendas.

Over 218 million women worldwide who want to avoid pregnancy have an unmet need for contraception. This troubling reality is the result of both simple unavailability of contraceptives, and of deep-seated pronatalist attitudes–often held by husbands and other family members- that make it impossible for women to use them.

When women are expected to produce large families regardless of their own wants, pronatalism not only denies their reproductive autonomy; it also worsens poverty and damages the environment. A new study by the Swedish Research Council debunks the stubborn misconception that population growth has a negligible effect on climate change since it’s concentrated in low-consumption countries.

In fact, the study finds, population growth is the biggest driver of carbon emissions and is canceling out emissions reductions made through renewables and efficiency. According to the Intergovernmental Panel on Climate Change (IPCC), population growth is one of the “strongest drivers of CO2 emissions from fossil fuel combustion in the last decade.”

Population growth and resultant agricultural expansion drive water scarcity, soil depletion, deforestation, land degradation, and damage to ecosystems that humans depend on. The connection between population growth and environmental impacts is clear, yet frequently denied, and this denial has real consequences.

Since addressing population growth fell out of favor in the 1990s, international funding for family planning declined 35 percent and falls far short of meeting global need.

Population denialism is reminiscent of climate denialism in its disregard for science and its failure to acknowledge the suffering of millions. Population deniers invoke Malthus and Margaret Sanger to invalidate population concerns by associating them with infamous sources, while ignoring unimpeachable ones like the IPCC.

While Malthus’ doomism and Paul Ehrlich’s Population Bomb failed to foresee new agricultural technologies that averted the famine and population crash they predicted, population denialists make the opposite mistake.

They adhere to a cornucopian faith that technology will magically solve our problems, and assume that new low-carbon energy sources and unproven interventions like carbon capture will fix everything.

They won’t.

In fact green tech raises serious environmental and social problems of its own. Solar and wind energy and the infrastructure for transmitting the power they generate requires far more land area than fossil fuel plants, with consequences for wildlife and its habitat. Lithium-ion batteries in electric cars and e-bikes use cobalt mined in the Democratic Republic of the Congo by low-wage workers subjected to toxic dumping and en masse displacement.

Population deniers are rightly concerned with equitable development of the world’s impoverished regions, but development will mean more emissions, more water use, more habitat destruction.

If current trends continue, the global middle class is projected to reach 5 billion by 2030. To enable all people to attain a reasonable standard of living without further straining natural systems, we must make access to family planning for all people a matter of urgent international concern.

The good news is that doing so reaps rewards not only for the planet but for human well-being. In every culture where fertility rates have declined, even staggering government investment in pronatalist incentives is insufficient to compel women to go back to the high birth rates they have left behind – an indication that women have a latent wish for low fertility.

This suggests that the path forward lies in acknowledging both the human and environmental toll of high birth rates and resultant population growth, and giving women the universal, free access to contraceptives and abortion care that will enable them to realize their reproductive wishes.

Kirsten Stade is a conservation biologist and communications manager of the NGO Population Balance

IPS UN Bureau

 


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The Coretec Group Releases May 2023 Shareholder Call Transcript and Webcast Recording

ANN ARBOR, Mich., May 24, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium–ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, today released the transcript and webcast recording from its May 18, 2023 shareholder update on the Company's Investor Relations Website.

During the call, The Coretec Group's Chief Executive Officer, Matt Kappers, Chief Technology Officer, Ramez Elgammal, Ph.D., and VP of Partnerships and Innovation, Michelle Tokarz, Ph.D., shared its strong results from cycling tests on its modified silicon battery material. These tests proved three important factors:

  • Coretec's team successfully bonded a polymer to the silicon nanoparticles.
  • The Endurion engineered solid electrolyte interface layer improves rate capability.
  • The cycling stability of Endurion's silicon material outperformed unmodified materials.

The Company also discussed the importance of its latest provisional patent. The patent identifies three distinct, novel methodologies for minimizing pulverization and increasing the rate capability by creating an artificial solid electrolyte interface. This innovation is capable of extending the life and increasing the capabilities of silicon–based anodes for lithium–ion batteries, with an emphasis on scalability. The development marks a major breakthrough for the Company's Endurion battery program focused on EV batteries that charge faster and last longer than the current industry standard.

The Company also provided a roadmap for the rest of the year, and an update on its current and prospective partnerships. It is developing relationships with potential Endurion end–users such as automakers and battery companies as well as key suppliers and testing companies.

The call concluded with Company leadership answering questions from the investor community. Kappers urged all who are interested in receiving the latest Company updates to sign up for notifications on its Investor Relations Website, follow the Company's social media channels on Twitter and LinkedIn, and watch its recent informational video that breaks down the Endurion battery program.

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon, working to improve lives and power the EV, cleantech, and emerging technology markets of tomorrow. The company's current battery program is Endurion; the Coretec team is applying its expertise in silicon nanoparticles to develop silicon anodes for lithium–ion batteries in EVs that will charge faster and last longer than the current industry standard.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy–focused products, including solid–state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. The Coretec Group's groundbreaking work is revolutionizing the EV and energy storage markets and will continue to be a pioneer in this fast–paced industry.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter "" @CoretecGroupInc
LinkedIn "" www.linkedin.com/company/24789881
YouTube "" www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group's expectations with regard to the future impact on the Company's results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916–0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 8845674)

How Wagner Group, Mercenaries With a Wider Agenda, Impact Civil Society

Founder of Wagner private mercenary group, Yevgeny Prigozhin (here pictured with fighters), claims that Bakhmut is now in Moscow’s control. However his claims are disputed by Ukraine.

Founder of Wagner private mercenary group, Yevgeny Prigozhin (here pictured with fighters), claims that Bakhmut is now in Moscow’s control. However his claims are disputed by Ukraine.

By Fawzia Moodley
JOHANNESBURG, May 24 2023 – The Wagner Group, a shadowy mercenary group that has been operating for many years in African countries such as Sudan, Mali, the Central African Republic, and other mainly Francophone countries, has again been thrust into the limelight due to its involvement in the Ukraine war on behalf of Russia.

Wagner is believed to have a presence in 18 countries in Africa – and its influence goes far beyond security matters.

Julian Rademeyer of the Global Initiative Against Transnational Organised Crime told DW.com, “Wagner itself has developed over time as an organization that’s gone from being a purely private military contracting entity into a multiplicity of business alliances and relations and a network of companies. Some of them are front companies across the countries in which they operate on the African continent.”

He sees the Wagner Group as primarily a Kremlin military tool to boost Russia’s economic and military influence in Africa.

Rademeyer’s colleague and lead author of a study titled Russia’s military, mercenary and criminal engagement in Africa, Julia Stanyard, told IPS, “The Wagner Group is unique as an organization in the breadth, scale, and boldness of its activities. However, our study also shows that Wagner did not emerge in a vacuum: The group’s activities and characteristics reflect broader trends in the evolution of Russia’s oligarchs and organized crime groups, their respective relationships with the Russian state, and their activities in Africa.”

“The group comprises a network of political influence operations and economic entities such as mining companies.

“It appears to target unstable governments embroiled in civil wars and forms alliances with the ruling elite and offers them military support and weapons.”

This is exactly what happened in the CAR, where the government has been fighting multiple rebel forces since December 2020. A beleaguered President Faustin-Archange Touadéra reached out to Russia shortly after taking power in 2016.

“He received Russian military instructors and weapons, and Wagner mercenaries soon followed,” says CIVICUS, a global alliance promoting civic action.

In return, Wagner receives economic and mining concessions. According to the New York Times, the group has been involved in mining operations in the CAR, where it has secured contracts to mine gold and diamonds.

Stanyard says: “The group comprises a network of political influence operations and economic entities such as mining companies.”

While the governments and sections of their population have welcomed the group, Wagner’s been accused of gross human rights abuses, with local communities reporting forced labour and sexual violence.

Human Rights Watch says it has collected compelling evidence that Russian fighters have committed grave abuses against civilians in the CAR with complete impunity since 2019. The HRW interviewed 40 people between February 2019 and November 2021 about abuses by men speaking Russian.

Stanyard’s research substantiates the allegations of abuse: “Wagner Group has been accused of using whatever means necessary to achieve its aims, including criminal activity.”

Russia officially does not recognize mercenaries, but Wagner boss Yevgeny Prigozhin, a Russian oligarch, has close ties to Russian President Vladimir Putin. Significantly, on Sunday, May 21, Putin reportedly congratulated the Wagner mercenary force for helping in what he called the “liberation” of the eastern Ukrainian city of Bakhmut. Reuters quoted Putin from a statement on the Kremlin’s website, saying: “The Head of State congratulated Wagner’s assault groups, as well as all members of the units of the Russian Armed Forces who provided them with the necessary support and cover on their flanks, on the completion of the operation to liberate Artyomovsk (Bakhmut).”

Ukrainian President Volodymyr Zelensky, however, said Bakhmut had not been occupied by Moscow.

Wagner’s activities go beyond promoting the military and economic interests of the Kremlin.

Stanyard says the group is also involved in promoting Russian propaganda and interests by “targeting the social media profiles of Kremlin critics — spamming them with pro-Putin and pro-war comments.”

Britain, in particular, has expressed concern that among the targets are “senior UK ministers’ social media accounts, alongside other world leaders.”

“The operation has suspected links to Prigozhin,” she says, quoting a UK report exposing the misinformation campaign by Russia.

The Wagner Group’s involvement in Africa has raised concerns about the role of private military contractors in the continent’s conflicts. While some African governments have welcomed its presence, others are concerned about the lack of oversight and accountability.

In 2019, the African Union adopted the African Standby Force Concept of Operations, which seeks to strengthen the capacity of African states to respond to crises and reduce their reliance on external actors. However, the implementation has been slow, and there are concerns that the Wagner Group and other mercenary groups will continue to operate with impunity.

CIVICUS warns that Wagner’s involvement is “contributing to the closing of civic space. In the CAR, with his position bolstered, Touadéra has further repressed dissenting voices. Humanitarian workers and independent journalists are among those subjected to violence and intimidation by Wagner forces.”

Likewise, in Mali, French media outlets have been banned and “the junta banned the activities of civil society organizations that receive French support, at a stroke hindering civil society’s ability to help people in humanitarian need due to the conflict and monitor human rights abuses.”

The issue of private military contractors in Africa is not limited to the Wagner Group. Other companies, such as Academi (formerly known as Blackwater), a private firm hired by the U.S. that became synonymous with civilian killings in the Iraq war, have been involved in conflicts in the continent, often with little oversight or accountability.

Dyck Advisory Group (DAG) was also involved in Mozambique in areas where the country is trying to deal with the Islamist insurgency. DAG claimed to have worked closely with the government to keep the insurgency at bay before the Southern African Development Community (SADC) sent deployments to Cabo Delgado province. Wagner was reportedly also involved in the conflict but left after experiencing a number of losses.

The use of private military contractors has raised questions about the role of states and the responsibility of corporations in conflicts, as well as the need for greater transparency and accountability.

IPS UN Bureau Report

 


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World Hunger Day: Renewing Our Commitment to Elevating Women as Change Agents for Ending Hunger

Manou Gounou, a volunteer trainer for food security, stands with a moringa plant at Gbegourou Epicenter in Benin in 2021. The moringa plant is highly nutritious and The Hunger Project is a strong advocate for its use in communities throughout Africa.

By Elodie Iko
PORTO-NOVO, Benin, May 24 2023 – This upcoming weekend, on May 28, we are commemorating World Hunger Day. The day serves as a reminder that more than 800 million people around the world are living with hunger and malnutrition. That number is staggering, but there is hope.

World Hunger Day also celebrates the fact that hunger can end. We can create sustainable food systems, to ensure that everyone has access to nutritious and affordable food, both now and in the future.

I see it every day in my role as the Country Director of The Hunger Project-Benin.
So, what does it take? In my experience, the single greatest change that a community can make to end hunger and improve nutrition is a shift in mindset around gender equality.

In Benin, in West Africa, the government has put in place many policies to improve access to drinking water and sanitation, improve healthcare and increase access to nutritious food.

Yet high child mortality and morbidity rates reveal the existence of important underlying factors that catalyze malnutrition, but are generally minimized in policymaking. One of these factors is gender inequality.

When looking at the distribution of resources and responsibilities in the household, particularly between men and women, the negative influence of gender inequality on household nutrition becomes quite evident.

In our patriarchal society, men are seen as the heads of households. They have the social responsibility of making resources available to the household to provide meals. It is expected that women then use these resources to ensure household nutrition.

In today’s world, where the price of food and agriculture inputs has skyrocketed, feeding a family is becoming challenging for many. It is often falling to women to find extra sources of income to guarantee their family has food, though many face barriers like a lack of education, lack of resources and little time due to household tasks, like childcare, fetching water, and tending to livestock.

Though she may be the one closing the gap and ensuring the family has food on the table, in the service of the meal, both in quantity and in quality, priority is given to men. Women usually ensure that others have eaten first.

They then eat what is left, which often does not meet their daily nutritional needs, particularly for women who are pregnant or breastfeeding. Undernutrition and hidden hunger have specific consequences for the health and safety of women and girls, as they increase the risk of life-threatening complications during pregnancy and childbirth, weaken their immunity to infections, and reduce their learning potential. This is how malnutrition becomes multi-generational.

These are the challenges we face in our work to end hunger. They are deeply entrenched societal norms but they can change.

At The Hunger Project, we work with women and men, girls and boys to identify these mindsets and shift them. A proven way to overcome many systematic barriers to a woman’s success has been increased participation by women in local, regional and national legislation as empowered change agents.

So, we work with women to take on leadership roles in the community and raise their voices in public settings to demand change and accountability. Over 38,600 women and 28,000 men in 22 communities in Benin have undergone training in Women’s Empowerment.

Over 3,000 community leaders (about 50/50 women to men) have been trained to conduct THP’s Women’s Empowerment workshops in their communities, guaranteeing that the work to shift mindsets can continue even after The Hunger Project leaves a community.

We also facilitate women’s entrepreneurship and literacy courses, so that women have the agency and confidence to start and manage a business. Since 2008, over 32,500 women have gone through THP training on income generation in Benin. Through these trainings, women are able to increase their incomes to purchase nutritious foods for themselves and their families.

We are working with these local leaders to re-envision the local food system to make it work for the millions of women living with chronic hunger and malnutrition, so that they can break the cycle of malnutrition among women and girls.

This includes working with communities to plant diverse household gardens with nutritious staple foods, investments in infrastructure to process these foods adequately to preserve their nutritional value, and strong local distribution channels that ensure availability of nutritious foods throughout the year.

Women are key to ending hunger and breaking the cycle of malnutrition. To do so, they need an enabling environment around them and a belief in themselves that they can create a future for themselves and their families.

Elodie Iko became the Country Manager for The Hunger Project-Benin, in 2022. She has over 15 years of professional experience in the field of development and management of projects and human resources, with a specific focus on gender and women’s empowerment. Elodie joins the team having worked for Plan International Benin as a Gender and Inclusion Advisor. Prior to that, Elodie worked for The Hunger Project-Benin from 2013 to 2020, first as a gender program officer, then adding inclusive finance, the coordination of the ‘’Her Choice’’ program against child marriage and ”leadership and governance in the epicenters of THP-Benin” program to her responsibilities. Her creativity and collaboration on these and other projects have worked to improve the status and position of women/girls, and thereby, strengthen gender inclusion and equality across Benin.

Founded in 1977, The Hunger Project is a global non-profit organization whose mission is to end hunger and poverty by pioneering sustainable, community-led, women-centered strategies and advocating for their widespread adoption in countries throughout the globe. The Hunger Project is active in 23 countries, with global headquarters based in New York City.

IPS UN Bureau

 


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