Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Posts Tagged ‘turmoil’

Migration turmoil tests EU fundamental rights resolve, finds FRA’s Fundamental Rights Report 2016

Posted by fidest press agency su martedì, 31 Mag 2016

rifugiatiOver one million people sought refuge in the EU in 2015, a fivefold increase from the year before. In its Fundamental Rights Report 2016, the EU Agency for Fundamental Rights (FRA) examines the scale and nature of the challenge and proposes measures to ensure fundamental rights are respected across the EU.“Last year, the EU’s fundamental rights resolve was sorely tested, with assaults on many of the freedoms, rights and values on which Europe is founded,” says FRA Director Michael O’Flaherty. “The EU and its Member States must stand firm in defending the rights to which everyone is legally entitled, whether they have lived in the EU for generations or have just arrived on Europe’s shores.” This annual Fundamental Rights Report highlights challenges and achievements across a broad spectrum of fundamental rights issues across the EU. Many of the issues covered by this year’s report will be discussed in more detail during the Fundamental Rights Forum 2016, which will take place on 20-23 June in Vienna.With 60 million people forcibly displaced worldwide, the migration situation is set to remain at the top of the EU agenda. The majority of refugees coming to Europe, many of them children, are risking their lives by paying smugglers to cross the sea in overcrowded and unseaworthy boats.An upsurge in racist and xenophobic incidents was noted in many Member States, fuelled by fears over the migration situation and a spate of terrorist attacks. FRA’s report finds that Muslims and Jewish communities were particularly affected.The terrorist attacks once again highlighted the difficulty of finding the right balance between protecting personal data and privacy and maintaining internal security. A number of EU Member States are in the process of reforming their legal intelligence framework, which could potentially increase the intrusive powers of the services.

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Responsible finance integral to helping emerging markets weather financial market storms

Posted by fidest press agency su giovedì, 21 gennaio 2016

monetary fundTurmoil in emerging markets, including significant currency depreciation and capital outflows, have spurred talks of adapting the global financial world’s tools to provide emergency financial support. Increasingly, discussions within Islamic finance has focused on expanding the toolbox to incorporate some of the practices within responsible finance – like Environmental, Social & Corporate Governance (ESG) – which are delivering impact and improving financial results. As currency volatility has increased in emerging markets, international organizations like the International Monetary Fund (IMF) have begun considering short-term tools to support these markets whose currencies are under pressure but whose economies are fundamentally healthy. The IMF also announced last year that it would begin incorporating the best practices from Islamic finance in its surveillance of financial sectors. By recognizing the long-term focus of responsible finance and the value of Islamic finance to reduce overleveraging, international organizations recognize the value that Islamic finance brings to both short- and longer-term issues in emerging markets. Meanwhile, traditional responsible finance has a role to play as well by more fully expanding its outreach into emerging markets, where to date, Islamic finance has achieved significant growth. By integrating Islamic financial approaches with traditional responsible finance, the benefits of responsible finance can be brought to markets with a significant need for impact-driven investors. Growth in responsible finance will support other efforts to bring more stability in an increasingly volatile financial world.The Responsible Finance Summit, hosted by Bank Negara Malaysia, organised by the RFI Foundation and co-organised by Middle East Global Advisors, aims to capitalise on the growth of Islamic finance across emerging markets and on the synergies that exist between Islamic finance and global responsible finance. By bringing two approaches together, the Summit will work expand responsible finance of all forms to facilitate long-term private sector investment in emerging markets. In doing so, it can support areas of finance focused on long-term value rather than short-term swings which contribute to volatility of capital inflows and outflows that are divorced from economic performance.
Blake Goud, CEO of the RFI Foundation explained: “Integration of ESG into investment analysis can cultivate more patient and stable sources of capital. With Islamic finance having emerged largely form within emerging markets, it is particularly important for it to encourage approaches which act as a buffer against the kind of short-term turmoil that these countries are enduring today.” (photo: monetary fund)

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The economic turmoil of 2009

Posted by fidest press agency su venerdì, 22 gennaio 2010

London. As the world economy emerges from the economic turmoil of 2009, businesses need to move away from survival mode to embracing new growth opportunities. The recession had a significant psychological impact on CEOs, but businesses cannot afford to stay cautious for too long. Frost & Sullivan’s 2009 CEO Growth Survey found that the recession caused many CEOs to shift their focus from long-term strategies to short-term revenue generation and cutting costs. However, their top priority had not changed. Mr. Frigstad, will be this year’s event chair and keynote speaker for GIL 2010: Europe – The Global Community of Growth, Innovation and Leadership. He will examine the role of the CEO and the CEO’s Growth Team in integrating growth, innovation and leadership as the centre of a company’s DNA and growth strategy. GIL 2010: Europe presents a unique forum for CEOs and top-level executives to examine their respective industry positions and benefit from a multitude of networking opportunities with cross-industry luminaries on best practices, tools and strategies. The congress will take place on May 17-19 2010 at the Emirates Stadium in London. This year’s congress will also feature eight industry think tanks focusing on Frost & Sullivan’s areas of industry specialisation – Aerospace & Defence; Automotive & Transportation; Chemicals, Materials & Food; Energy & Environment; Building Technologies & Security; Healthcare & Life Sciences; Information & Communication Technologies; and Industrial Automation. These will afford delegates the opportunity to collaborate with their industry peers, their own management teams and Frost & Sullivan’s industry experts to brainstorm on how to steer growth effectively in a turbulent economy.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

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