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Showing posts from September 9, 2017

Today's Trumpery

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Et cetera!

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May refuses invitation to address European parliament in public

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[It really says something about her when she won't even speak about Brexit publicly. PM’s decision described as 'yet another own goal' as minutes of Brussels meeting reveal low opinion of David Davis. See also: One by one the promises and predictions of the Brexiteers are collapsing; and MORGAN STANLEY: Theresa May's government will collapse in 2018, triggering a fresh general election; and The fantasy that Brexit would be easy is costing us dear. *RON*]

Daniel Boffey, The Guardian, 8 September 2017

Theresa May has caused further ill will in Brussels by rejecting an invitation to address the European parliament in public, EU sources have said, instead insisting she will only talk to its leaders behind closed doors.

The prime minister had been asked by the parliament’s president, Antonio Tajani, to speak to a full session of the chamber to explain her position on Brexit.
The parliament will have the power of veto over any withdrawa…

Three Equifax Managers Sold Stock Before Cyber Hack Revealed

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["I don’t know how the board will allow these executives to continue in their positions." Trio didn’t know about the intrusion when selling, firm says. Shares tumbled in late trading after company disclosed breach.
*RON*]
Anders Melin, Bloomberg, 8 September 2017

Three Equifax Inc. senior executives sold shares worth almost $1.8 million in the days after the company discovered a security breach that may have compromised information on about 143 million U.S. consumers.

The trio had not yet been informed of the incident, the company said late Thursday.
The credit-reporting service said earlier in a statement that it discovered the intrusion on July 29. Regulatory filings show that on Aug. 1, Chief Financial Officer John Gamble sold shares worth $946,374 and Joseph Loughran, president of U.S. information solutions, exercised options to dispose of stock worth $584,099. Rodolfo Ploder, president of workforce solutions, sold $250,458 of sto…

TransCanada may abandon Energy East pipe facing tougher review

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[Oh, you mean a REAL review? Well, forget about it then. *RON*]
Ethan Lou and Nia Williams, Reuters, 7 September 2017

CALGARY, Alberta (Reuters) - TransCanada Corp (TRP.TO) seeks to suspend the application for its Energy East pipeline for 30 days and may abandon the project, the company said on Thursday, weeks after Canada’s National Energy Board (NEB) announced a tougher review process.

TransCanada will do a “careful review” of the new assessment process to gauge its effect on the costs, schedules and viability of the pipeline to the Atlantic coast, the company said in a statement.

The NEB in August expanded the scope of Energy East’s review, saying it will consider the project’s indirect greenhouse gas contributions and will provide “more visibility” to the evaluation of risks associated with accidents such as oil spills.

The regulator said on Thursday it will consider TransCanada’s request to pause its Energy East application and will make a…

Nobel institute: Myanmar leader can't be stripped of prize

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[I knew they'd never do it, but they should consider it in future. *RON*]
The Associated Press, National Post, 8 September 2017
COPENHAGEN — The organization that oversees the Nobel Peace Prize said Friday the 1991 prize awarded to Myanmar’s Aung Sang Suu Kyi cannot be revoked.

Olav Njolstad, head of the Norwegian Nobel Institute, said in an email to The Associated Press that neither the will of prize founder Alfred Nobel nor the Nobel Foundation’s rules provide for the possibility of withdrawing the honour from laureates.

“It is not possible to strip a Nobel Peace Prize laureate of his or her award once bestowed,” Njolstad wrote. “None of the prize awarding committees in Stockholm and Oslo has ever considered revoking a prize after it has been awarded.”

An online petition signed by more than 386,000 people on Change.org is calling for Suu Kyi to be stripped of her Peace Prize over the persecution of Myanmar’s Rohingya Muslim minority.

Suu Kyi r…