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McKinsey: luxury consumers open to sustainability premium

Fashion industry experts say luxury consumers are expressing a willingness to spend more for garments whose production doesn't harm the environment or exploit workers, a sign they said of a new era of sustainability in fashion.

McKinsey & Company consultancy said at an Italian Fashion Chamber round-table Tuesday that 70 percent of consumers were willing to pay some premium for items produced sustainably, based on responses of 90 department store buyers in 25 countries responsible for 50 billion euros in annual purchases.

The significance of the trend was underlined by projections that the global garment industry will expand by two-thirds by 2030, while be responsible for one-quarter of the global carbon footprint by 2050, up from 2 percent in 2015.

The round-table brought together experts in ethical finance and labor practices alongside industry players and innovators in sustainable technologies in the fashion industry, which is recognized as the second-most polluting sector in the world after the oil industry.

Environmental, social and governance issues were identified as key drivers defining luxury brands' commitment to sustainability, but speakers also pressed the need for diversity in fashion boardrooms and creativity teams. The diversity call was against the backdrop of recent consumer backlashes against Prada and Gucci for producing items that recalled blackface, and against Dolce & Gabbana in China after one of the designers made insulting remarks.

Livia Firth, creative director of the Eco-age consultancy, said that despite the fashion world's global nature, a recent report found that ethnic minorities held just 11 percent of board seats on the 15 largest publicly traded fashion companies.

Firth said the case for making the fashion industry more inclusive was moral and ethical, but also made business sense, citing reports from Harvard Business Review and McKinsey that found that "the most technically and culturally diverse boards are significantly more likely to deliver higher profits and generate more sales."

While the fast-fashion industry is considered the main driver in the rapid expansion of the textile industry, Kerry Kennedy, president of the Robert F. Kennedy Human Rights foundation said that the luxury industry could help raise standards that would put "downward pressure" on fast-fashion.

She called on fashion houses to publishes on their websites the factories where their items are made and to create a "rigorous" best-practice program for garment factory inspectors, which she said still does not exist despite a global outcry after the 2013 collapse of the Rana Plaza building in Bangladesh killing more than 1,300 garment workers.

"I think sustainability would also benefit from a clarity over terms," she said.

She also called on investors in the industry to make sustainability part of their criteria.

"Sustainability is about corporations or their investors asking themselves this question: What is the impact of environmental degradation, human rights violations or corruption on investment outcome for shareholders," she said. "If you make an investment and you fail to consider these issues, you are investing in a ticking bomb and at some point that bomb is going to explode."

Source: Fox News World

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Source: InfoWars

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2 dogs save foster kids wandering along Florida’s I-10; one girl said she was chasing a rainbow

Two foster children—both under the age of 6-- were seen Saturday wandering along Florida’s I-10 with two dogs who witnesses say walked between them and the busy interstate.

Some witnesses said the dogs, at times, pushed the children back when they got too close to the road.

Okaloosa County deputies told MyPanhandle.com that the children were playing in their home’s yard with other children and took off.

Their foster father was reportedly unable to pursue them due to an unknown ambulatory condition, the report said. But deputies said he made a diligent effort to locate them, and no charges are expected.

The dogs were described as Great Pyrenees and shepherd mixes, WJHG.com reported.

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A good Samaritan took the kids into a car because they were wet and one was not wearing shoes. The man called authorities.

One of the witnesses said the two would not be alive if not for the dogs.

Source: Fox News National

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Trump administration backs total overturn of Obamacare, will support states challenging the law

The Trump administration on Monday told a federal appeals court that the whole Affordable Care Act must be abolished, setting for a clash between President Trump and 2020 Democratic candidates embracing “Medicare for All” system.

Justice Department attorneys filed a letter with the U.S. Court of Appeals for the Fifth Circuit in New Orleans asking to effectively strike down the ACA in its entirety, agreeing with the landmark ruling made by a federal judge in Texas last year.

NEW ‘MEDICARE-FOR-ALL’ BILL WOULD LARGELY OUTLAW PRIVATE INSURANCE

"The Department of Justice has determined that the district court’s judgment should be affirmed. Because the United States is not urging that any portion of the district court’s judgment be reversed, the government intends to file a brief on the appellees’ schedule," the filing read.

U.S. District Judge Reed O’Connor ruled last year that Obamacare is no longer constitutional because the tax reform – as enacted by Republicans –eliminated the health care law’s penalty for not having health insurance.

The administration initially insisted that only certain parts of the law should be invalidated, including protections for people with pre-existing conditions. But the latest filing moved on from the earlier position and embraces the total overturn of the law.

The filing noted that the government will file a brief in support of the Texas-led coalition of states that are trying to overturn the health care law, given that “the United States is not urging that any portion of the district court’s judgment be reversed,” the Washington Post reported.

“The Department of Justice has determined that the district court’s comprehensive opinion came to the correct conclusion and will support it on appeal,” Kerri Kupec, a spokeswoman for the Justice Department, told the newspaper.

A victory for the government would mean that millions of people could potentially lose their health care and causing particular disruption within the industry as no replacement system would be put in place.

BERNIE SANDERS SAYS 'NO' TO AMERICANS WHO WANT TO KEEP PRIVATE INSURANCE UNDER 'MEDICARE-FOR-ALL'

Over 11 million reportedly signed up for Obamacare coverage this year, it was announced this week. That’s just slightly less than compared to 2018. At the same time, however, the number of new customers fell by more than 500,000, a worrying sign for the backers of the system.

The move to support efforts to strike down the ACA will undoubtedly pit Trump and Democratic presidential candidates, such as Sens. Bernie Sanders and Kamala Harris, who are increasingly embracing abolishing private insurers and support the creation of a single-payer system.

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At the same time, the latest effort to completely invalidate the law may prove Congressional Democrats right, who warned during the midterm election last year that Republicans are trying to repeal the law, including the protections for people with pre-existing conditions, while Republicans denied such plans.

The Associated Press contributed to this report.

Source: Fox News Politics

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Algeria’s Bouteflika will not run for a fifth term

FILE PHOTO: Algerian President Abdelaziz Bouteflika is seen in Algiers
FILE PHOTO: Algerian President Abdelaziz Bouteflika is seen in Algiers, Algeria April 9, 2018. REUTERS/Ramzi Boudina/File Photo

March 11, 2019

Algiers (Reuters) – Algeria’s President Abdelaziz Bouteflika will not run for a fifth term, the presidency said on Monday.

The presidency also announced the postponement of a presidential election which was due to take place in April.

A government reshuffle would take place soon, the presidency said in a statement.

(Reporting by Algiers bureau, editing by Angus MacSwan)

Source: OANN

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Trump picks Air Force general for Pentagon’s No. 2 spot

President Donald Trump is nominating the Air Force general in charge of U.S. Strategic Command to be vice chairman of the Joint Chiefs of Staff.

Gen. John Hyten now serves as commander of the U.S. nuclear forces and has the lead military role for space operations. His nomination was announced Tuesday by Air Force Secretary Heather Wilson.

If confirmed by the Senate, Hyten would succeed the retiring Air Force Gen. Paul Selva.

The vice chairman is the second-ranking military officer behind the chairman but does not command troops

Trump said last December that he was nominating Army Gen. Mark Milley to succeed Marine Gen. Joseph Dunford as chairman of the Joint Chiefs. Dunford's term ends Oct. 1.

Source: Fox News National

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Trump administration ends MLB/Cuba baseball deal

The Trump administration is moving to end a deal allowing Cuban baseball players to sign contracts directly with Major League Baseball organizations, a change that appears to once again require Cuban players to cut ties with their national program before signing with MLB.

The Treasury Department told MLB attorneys in a letter Friday that it was reversing an Obama administration rule allowing the major leagues to pay the Cuban Baseball Federation a release fee equal to a percentage of each Cuban player's signing bonus. The letter was made public Monday afternoon.

By barring the payments, it appears to make the deal unworkable. The Cuban federation had agreed to release all players 25 and older with at least six years of professional experience.

Source: Fox News World

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South Africa's 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston
South Africa’s 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston, South Africa, April 25, 2019. REUTERS/Siphiwe Sibeko

April 26, 2019

GERMISTON, South Africa (Reuters) – Olympic 400 meters champion Wayde van Niekerk has backed South African compatriot Caster Semenya in her battle with the International Association of Athletics Federations (IAAF), which now appears to have taken a new twist.

Semenya, a double 800 meters Olympic gold medalist, is waiting for the outcome of her appeal to the Court of Arbitration for Sport (CAS) to halt the introduction of new regulations by governing body IAAF that would require her to take medicine to limit her natural levels of testosterone.

The IAAF wants female athletes with differences of sexual development who run in events from 400 meters to a mile, to reduce their blood testosterone level to below five (5) nmol/L for a period of six months before they can compete, saying they have an unfair advantage.

“She’s fighting for something beyond just track and field, she’s fighting for woman in sports, in society and I respect her for that,” Van Niekerk told reporters.

“I will support her and with the hard work and talent that she’s been putting into the sport. With what she believes in and what she’s dreaming for, I’ve got a lot of respect for her.

“I really hope and pray that everything just goes from strength to strength for her.”

Semenya has sprung a surprise at the on-going South African Athletics Championships though, ditching the 800 meters and instead competing over 1,500 and 5,000-metres – the latter one would not require her to medically lower her testosterone level.

She stormed to victory in the 5,000-metres final in a modest time of 16:05.97, but looked to have lots left in the tank as she passed the finish line.

Semenya beat fellow Olympian and defending national 5,000m champion Dominique Scott in Thursday’s final but the latter admitted she is unsure whether the 800m specialist could be a serious Olympic contender over the longer distance.

“Honestly‚ I have no idea‚” Scott said. “Before today I probably would have said no. It’s hard to compare a 5,000 at altitude to a 5,000 at sea level.

“But I think she’s an amazing runner and I don’t think there’s any limit or ceiling on what she can do.”

Van Niekerk, the 400m world record holder, had to abort his comeback from a knee injury, that had sidelined him for 18 months, following a combination of cold weather and a wet track.

“We are trying to take the correct decisions now early in the year so as not to put myself in any harm,” he said.

“It was a bit chilly this entire week prepping and coming through here as well it was quite cold and it caused bit of tightness in my leg. We decided to not risk it.

“My recovery is going well and I would like to be back in competition this year, but will only do so if I can deliver a good performance.

“I am a competitor and respect my opponents, so I need to be at my best when I return.”

(Reporting by Nick Said, additional reporting by Siyabonga Sishi; editing by Sudipto Ganguly)

Source: OANN

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The suspected leader of the Easter Sunday bombings in Sri Lanka died in the Shangri-La hotel, one of six hotels and churches targeted in the attacks that killed at least 250 people, authorities said.

Police said Mohamed Zahran, leader of the National Towheed Jamaat militant group, had been killed in one of the bombings. The group’s second in command was also arrested, police said.

Zahran amassed an online following for his hate-filled sermons. Some were delivered before a banner depicting the Twin Towers.

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people. 

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people.  (YouTube)

Australian Prime Minister Scott Morrison said Friday that the attackers responsible for the bombings were supported by the Islamic State group. Around 140 people in Sri Lanka had connections to ISIS, Sri Lankan President Maithripala Sirisena said.

“We will completely control this and create a free and peaceful environment for people to live,” he said.

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Investigators determined the attackers received military training from someone called “Army Mohideen.” They also received weapons training overseas and at some locations in Sri Lanka, according to authorities.

A copper factory operator arrested in connection with the bombings helped Mohideen make improvised explosive devices, police said. The bombings have led to increased security throughout the island nation as authorities warned of another attack.

Source: Fox News World

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A Malaysian mountain climber was being treated in a hospital in Nepal’s capital Friday after being stranded nearly two days alone near the summit of Annapurna.

A helicopter crew searching for the missing climber on Thursday spotted Wui Kin Chin waving his hands at them, and rescuers brought him down to a lower camp.

At the time of his rescue, Chin had been without an oxygen bottle, food and water for over 40 hours, said Mingma Sherpa, the head of Seven Summit Treks, which arranged his expedition.

Chin was flown to the capital, Kathmandu, on Friday and taken to a hospital, where his wife joined him.

Chin is an anesthesiologist and accomplished climber, and Sherpa credited Chin’s medical knowledge and familiarity with mountains for keeping him alive.

“It’s a big thing to stay alive in that altitude without food, water, and oxygen,” Sherpa said. He described Chin on Thursday as fine but not in condition to walk.

Chin was a part of a 13-member expedition led by a French climber and was separated from the others during the descent.

The 8,091-meter (26,545-foot) Mount Annapurna is the ninth tallest mountain in Nepal and the 10th tallest in the world. It’s considered an especially treacherous mountain due to its difficult terrain and weather conditions.

Source: Fox News World

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Spain’s prime minister says he’s open to a coalition with an anti-austerity party, hinting for the first time at a possible center-left governing alliance after Sunday’s national election.

In an interview published Friday by El Pais newspaper, Socialist leader Pedro Sánchez says “it isn’t a problem” for the far-left United We Can to become part of his Cabinet if he wins the tight race.

With Spain’s electoral law banning polls during the last week of campaigning, it’s unclear if the two parties will emerge strong enough in the lower house of parliament or whether a right-wing alliance could assemble a majority.

Sánchez is calling on Spaniards to cast a “useful vote” and has warned that the rise of the far right in polls could be underestimated given the large pool of undecided voters.

Source: Fox News World

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FILE PHOTO: KPN logo is seen at its headquarters in Rotterdam
FILE PHOTO: KPN logo is seen at its headquarters in Rotterdam, Netherlands, January 30, 2019. REUTERS/Piroschka van de Wouw

April 26, 2019

By Bart H. Meijer and Toby Sterling

AMSTERDAM (Reuters) – Dutch telecom firm Royal KPN NV said on Friday it would select a Western supplier to build its core 5G mobile network, making it one of the first European operators to make clear it would not pick China’s Huawei for such work.

The United States has been seeking to discourage its allies from using equipment made by Huawei because of concerns that it could eventually be used for Chinese government spying. Huawei says such worries are baseless and U.S. policy is driven by economic interests.

The Hague-based KPN, the Netherlands’ largest telecom firm, said its decision took into account “the evolving assessment on the protection of vital infrastructure and the influence this may have on future Dutch policy.”

The Dutch government has not taken a decision on the issue.

KPN, which also reported on Friday slightly worse than expected first quarter core earnings of 563 million euros ($627 million), said it would still use equipment made by Huawei in some capacities.

In addition, the company announced a preliminary deal with Huawei to upgrade existing mobile telecommunications gear to make it safer. Huawei has been a key supplier to KPN in the past decade.

The Dutch government set up a task force with KPN and other major operators in the Netherlands this month to analyze the “vulnerability of 5G telecommunications networks to misuse by technology vendors … and measures needed to manage risks.”

KPN said it would use equipment made by Huawei, which it described as a world leader in radio and antenna technology, to improve security on its existing network.

“This preliminary agreement can be adjusted or reversed to align it with future Dutch government policy,” it added.

Sources told Reuters on Wednesday that Britain’s National Security Council (NSC) had decided to bar Huawei from core parts of the country’s 5G network and restrict its access to non-core areas.

(Reporting by Bart Meijer; Editing by Kirsten Donovan and Edmund Blair)

Source: OANN

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