In the latest news and analysis…
Cluster bomb blacklist
The Guardian reports that in an “unpublicised but co-ordinated move,” four major UK banks and insurance companies have blacklisted corporations that manufacture cluster munitions and landmines.
“The Guardian has learned that major firms such as Lloyds Banking Group (through its investment arm Scottish Widows), Aviva, the UK’s largest insurer, and the Co-op have imposed a blanket ban on holding shares in companies that make or supply cluster munitions, purging them from nearly all their share portfolios.
Royal Bank of Scotland has banned all new lending to the same companies, and is now reviewing its defence industry shareholdings. Similar action is being taken by all the firms to clear out shares in anti-personnel landmine manufacturers, following intense pressure from human rights campaigners.
The industry is operating two parallel ‘stop lists’, which cover a dozen arms companies involved in making or supplying cluster bombs and anti-personnel landmines, including the US defence companies Lockheed Martin and General Dynamics, and the South Korean industrial conglomerate Doosan.”
Reuters reports on the “increasingly loud calls” for cancellation of the Formula One race scheduled later this month in Bahrain, whose regime continues to face regular protests.
“The governing International Automobile Federation FIA.L, commercial supremo Bernie Ecclestone and Bahrain organisers have all said the April 22 race is on.
FIA president Jean Todt is expected to be in China, as is Ecclestone, and there are likely to be a number of meetings in the Shanghai paddock – possibly up until as late as Sunday morning.
‘Friday has been the busiest day for protests in Bahrain so Saturday looks the most likely day for any emergency meeting (in Shanghai),’ commented one team member.
Last year’s Bahrain Grand Prix was repeatedly re-scheduled and then reluctantly cancelled by organisers due to the violence in the country.”
Al Jazeera reports that Brazilian President Dilma Rousseff has complained to her American counterpart about the impacts of US monetary policy on the world’s poor.
“Rousseff said low interest rates and other expansionist policies in wealthy nations have created an excess of global liquidity, which in turn has the unintended effect of damaging growth in poorer countries such as Brazil.
She also raised concerns with Obama that sanctions against Iran could fuel tensions in the Middle East and cause a spike in oil prices, threatening the global economic recovery, sources told Reuters news agency on condition of anonymity.”
The Arizona Daily Star reports on new efforts to find and identify the bodies of migrants who die in Arizona’s desert.
“According to the Pima County Forensic Science Center, in 2011 there were 117 unidentified migrants who died in the Southern Arizona desert.
‘After a while, I started thinking: “Why do we have to just wait for the bodies? Let’s go get them,” ’ [technology liaison for the Office of the Medical Examiner and the Mexican Consulate, Engel] Indo said.
Once or twice a month, Indo plans to take volunteers into the desert on daylong searches for bodies, bones and live people.”
Reuters reports that Morocco’s government has decided to implement a “solidarity fund tax” on corporations in order to tackle social inequalities.
“Proceeds from the new tax will help raise 2 billion dirhams ($235 million) for a social solidarity fund to develop poor areas in a country that has one of the widest wealth inequalities in the region and where protesters still take to the streets over poverty, joblessness and corruption.
The 2012 budget now provides for the imposition in 2012 of a tax equal to 1.5 percent of the net profit for firms that make between 50 million and 100 million dirhams in net annual gains, Finance Ministry and parliament officials said.
Firms with annual net profits above 100 million dirhams will be subject to a 2.5 percent tax on their net profit in 2012, they added.”
A Libyan activist writing under the pen name Layla Ibrahim takes issue with the international community’s approach to rebuilding her country.
“The EU is responsible for media and communications training, yet that is still to start. The company, IMG international, hired to do this, is still in the needs assessment phase, for which they require a couple of months. However even when it does start, none of the ‘experts’ are Arabic speakers, which means it is unlikely they’ll be able to help shape the scripts or articles to support our journalists.
As one diplomat said: ‘The EU just about works within the EU; it has no business operating outside. The interests of one European country in Libya are not going to be the same as another, so Libya will suffer from these conflicts of interests as they fight over the same pot.’
In the meantime, Libyan professionals who are desperate to help rebuild their country are being side-lined. Internationals will hire Libyans in the main as fixers/drivers/translators but not in key positions. They will pay vast sums for hotel bills and per diems but will quibble over dinars to hire local staff.”
Ashley Judd’s face
Actor Ashley Judd analyzes a culture in which enormous media attention is focused on a woman’s face that is perceived to have become “puffy.”
“That women are joining in the ongoing disassembling of my appearance is salient. Patriarchy is not men. Patriarchy is a system in which both women and men participate. It privileges, inter alia, the interests of boys and men over the bodily integrity, autonomy, and dignity of girls and women. It is subtle, insidious, and never more dangerous than when women passionately deny that they themselves are engaging in it. This abnormal obsession with women’s faces and bodies has become so normal that we (I include myself at times—I absolutely fall for it still) have internalized patriarchy almost seamlessly. We are unable at times to identify ourselves as our own denigrating abusers, or as abusing other girls and women.”