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Series 6, Episode 5: Yotam Ottolenghi - channel 4

Series 6, Episode 5: Yotam Ottolenghi

Yotam Ottolenghi is an Israeli-English chef, restaurant owner and food writer who taught Britain to love vegetables. He has published seven best-selling cookbooks inspired by his Middle Eastern upbringing in a German/Italian family and owns six restaurants and deli’s across London. Since arriving in London over 20 years ago, Yotam Ottolenghi has made it his…
channel 4 - 13 minutes ago
Star motorcyclist takes break from track to become volunteer firefighter in blaze-hit California - metro

Star motorcyclist takes break from track to become volunteer firefighter in blaze-hit California

Jayson Aribe is a professional motorcycle racer who has been helping to fight fires in California.
metro - 58 minutes ago
Joe Biden is Crushing Trump in Pennsylvania, New Polls Show - vice

Joe Biden is Crushing Trump in Pennsylvania, New Polls Show

Trump won Pennsylvania by a hair in 2016, and right now he's polling 10 points behind Biden.
vice - 1 hour ago
Corrections Officer Who Called Black Inmate the N-Word Is Getting Fired — for the Third Time - vice

Corrections Officer Who Called Black Inmate the N-Word Is Getting Fired — for the Third Time

A deputy in the same Georgia county was fired after video of him repeatedly punching a Black man pinned to the ground went viral.
vice - 1 hour ago
Boys aged 5 and 7 lived with granny’s corpse for a week after she suddenly dropped dead - metro

Boys aged 5 and 7 lived with granny’s corpse for a week after she suddenly dropped dead

Connie Taylor's grandsons - who she'd just adopted - were able to fend for themselves for five days after her sudden death
metro - 2 hours ago
Turkey denies claims that its F-16 shot down an Armenian Su-25 fighter jet - rt

Turkey denies claims that its F-16 shot down an Armenian Su-25 fighter jet

Yerevan’s claims that a Turkish F-16 attacked and destroyed an Armenian Su-25 fighter jet are false, a Turkish presidential spokesman insisted, echoing the position voiced by the Azeri Defense Ministry.
rt - 2 hours ago
Pardon my French! EU ‘screwed’ if Covid-weary European Parliament only meets in Brussels, Macron warns - rt

Pardon my French! EU ‘screwed’ if Covid-weary European Parliament only meets in Brussels, Macron warns

French President Emmanuel Macron has used colorful language to describe what would happen if EU lawmakers remained in Brussels indefinitely, arguing that concerns about Covid-19 should not stop them from meeting in Strasbourg.
rt - 2 hours ago
French police clear Calais migrant camp in biggest op since ‘jungle’ dismantling - rt

French police clear Calais migrant camp in biggest op since ‘jungle’ dismantling

Police on Tuesday dismantled a camp of at least 700 migrants in the French port city of Calais, the biggest such operation since the ‘jungle’ shantytown was broken up four years ago.
rt - 2 hours ago
Cheerleader, 17, stormed by 10 cops in ‘racist’ swatting incident - metro

Cheerleader, 17, stormed by 10 cops in ‘racist’ swatting incident

Christin Evans was the victim of a 'racist' swatting incidents where officers stormed her dorm room over false reports.
metro - 2 hours ago
Kuwait

Kuwait's ruling Emir Sabah Al-Ahmad Al-Jaber Al-Sabah dies aged 91 – state media

The Emir of Kuwait, Sabah Al-Ahmad Al-Jaber Al-Sabah, who ruled the oil-rich Gulf country for 14 years, has died at the age of 91, state television reported on Tuesday.
rt - 3 hours ago
The White House Reportedly Pressured the CDC to Downplay COVID Risk in Schools - vice

The White House Reportedly Pressured the CDC to Downplay COVID Risk in Schools

While children have shown a stronger immune response to the coronavirus, more than 600,000 kids in the U.S. have tested positive so far.
vice - 3 hours ago
Transgender boy wins court case against school who made him use private locker room - metro

Transgender boy wins court case against school who made him use private locker room

Judges ruled that the boy had been unfairly discriminated against by staff who refused to let him use the boys' locker room
metro - 3 hours ago
Mail-In Ballots Are Already a Mess in New York - vice

Mail-In Ballots Are Already a Mess in New York

Some voters received return envelopes with someone else's name and address on them.
vice - 4 hours ago
Israel’s Covid-19 mortality rate per capita surpasses US for 1st time since start of pandemic – army intelligence report - rt

Israel’s Covid-19 mortality rate per capita surpasses US for 1st time since start of pandemic – army intelligence report

The Covid-19 per-capita death rate in Israel is higher than that of the United States for the first time since the outbreak of the pandemic, that country’s military intelligence reported on Tuesday.
rt - 4 hours ago
Australia sends troops to help contain Covid-19 outbreak on ore ship near Port Hedland - rt

Australia sends troops to help contain Covid-19 outbreak on ore ship near Port Hedland

Australia is deploying defense personnel to Port Hedland on its northwest coast to help contain a coronavirus outbreak on a bulk carrier, where 17 of the 21 crew members have tested positive.
rt - 4 hours ago
‘A terribly difficult and lonely death’: WHO laments 1 million Covid-related deaths worldwide but says virus can be suppressed - rt

‘A terribly difficult and lonely death’: WHO laments 1 million Covid-related deaths worldwide but says virus can be suppressed

The World Health Organization (WHO) has expressed its grief over the global death toll from coronavirus surpassing one million, while adding that the illness could be reined-in with time.
rt - 5 hours ago
Covering up ’their own failed efforts’: Tehran debunks Saudi claims of busting Iranian-trained terrorist cell - rt

Covering up ’their own failed efforts’: Tehran debunks Saudi claims of busting Iranian-trained terrorist cell

Saudi Arabia claims to have uncovered an Iranian-trained terrorist cell, arresting 10 people and seizing a stash of weapons and explosives in a farmhouse. However, Tehran has dismissed the report as “complete fabrication.”
rt - 5 hours ago
Don’t drag China into US internal politics, Beijing warns Washington, ahead of presidential debate - rt

Don’t drag China into US internal politics, Beijing warns Washington, ahead of presidential debate

Beijing has urged US politicians not to use China to score cheap points before November’s election, lamenting that America’s leaders are conjuring up imaginary threats, including allegations of election interference.
rt - 6 hours ago
‘Everybody dies’: Musk says neither he nor his family will take Covid-19 vaccine, blasts Bill Gates as ‘knucklehead’ - rt

‘Everybody dies’: Musk says neither he nor his family will take Covid-19 vaccine, blasts Bill Gates as ‘knucklehead’

SpaceX and Tesla founder Elon Musk has said that neither he nor his family will likely take future coronavirus vaccines even when they are readily available, saying the pandemic has “diminished [his] faith in humanity.”
rt - 6 hours ago
Coronavirus deaths rise for second week in a row in England and Wales - metro

Coronavirus deaths rise for second week in a row in England and Wales

The number of people dying from cornavirus in England and Wales has risen for the second week in a row, worrying new figures show.
metro - 7 hours ago
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quartz
Should the New York Stock Exchange try to slow climate change?

Should the New York Stock Exchange try to slow climate change?

quartz - 8 months ago

BlackRock, the world’s biggest asset manager, is under pressure from activists to block funding for companies that contribute to climate change. Protestors have also taken aim at the New York Stock Exchange, the world’s largest by market capitalization of the firms listed there. Should these financial titans that serve as conduits between investors and companies be the ones to decide who gets funding?

NYSE president Stacey Cunningham says it’s up to investors.

Investors should have the right to choose,” Cunningham said during a panel discussion today at the World Economic Forum in Davos, Switzerland. “Its a really slippery slope if we start to decide for them what opportunities they should have access to.

In some ways, BlackRock and NYSE are in similar positions. They don’t necessarily decide whether money flows into companies that extract oil or coal, or into firms that don’t recruit a diverse suite of executives and board members. But they do enable money to pour into all sorts of companies, and that is an increasingly controversial proposition.

BlackRock doesn’t own the $7.4 trillion in assets (pdf) it manages; the money is allocated and directed by individuals and outside professional investors. The asset manager creates index and exchange-traded funds, as well as actively managed funds, and investors decide which ones to put their money in. NYSE, meanwhile, lists stocks on its exchange, and investors decide which of them to buy or sell.

That said, it’s not like anything goes. NYSE has thresholds for a company to qualify for stock listing (pdf): among other things, a firm must have certain number of shareholders and a minimum market capitalization. Environmental and social criteria aren’t among the requirements. Cunningham says NYSE, owned by Atlanta-based Intercontinental Exchange, has made it easier for investors to make decisions about the environmental, social, and corporate governance credentials of listed companies. “We provide data, we calculate a lot of metrics around ESG issues,” she said.

Last week, BlackRock chief Larry Fink wrote letters to CEOs and clients that focused on sustainability. He said climate change is a crucial for determining companies’ prospects in the long term, and that BlackRock is improving sustainability disclosures for shareholders, while making sustainability a standard offering for investors. Ultimately, though, the choice is the clients’ to make, according to the company’s website: “The investments we make on their behalf will always represent their preferences, timelines and objectives.”

Goldman Sachs CEO David Solomon was asked a similar question during the Davos panel: would the investment bank turn down a client because of these issues? Solomon said the company, in its roles as an investor, advisor, and financier, thinks about “the reputational association of being involved with certain businesses.” But he sidestepped the bigger question about whether Goldman would work with certain energy companies, or with firms that that don’t make diversity a priority.

“Youre looking for a line? Theres not a line,” he said. “Theres a transition going on, where people are thinking differently about how they want to direct capital to try to promote sustainability.

He added that it will be “a multi-decade transition” in the way investors allocate capital. The activists taking aim at his and other financial firms that facilitate fundraising won’t be willing to wait that long.

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