ROSEN, GLOBAL INVESTOR COUNSEL, Encourages National Realty Investment Advisors LLC Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – NRIA

NEW YORK, Feb. 10, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of National Realty Investment Advisors LLC membership units (NRIA) of the important March 13, 2023 lead plaintiff deadline in the securities class action.

The case is against Rey E. Grabato II, Daniel Coley O'Brien, Thomas Nicholas Salzano, Arthur Scutaro, Arthur Raymond Scutaro, Sr., Arthur Raymond Scutaro, Jr., Olena Budinska, Ivel Turner, Jeff Rosenberg, Mark Korczak, Byron Cartozian, and Brian Harrington (together, "Defendants").

SO WHAT: If you purchased NRIA membership units you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the NRIA class action, go to https://rosenlegal.com/submit–form/?case_id=10974 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 13, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, National Realty Investment Advisors LLC offered and sold NRIA, a membership unit in the NRIA Fund. Defendants used NRIA and the NRIA Fund to carry out a fraudulent scheme, including making and disseminating material misrepresentations, and effectuating a Ponzi scheme to divert millions of dollars invested in the NRIA Fund for their own personal gain.

To join the NRIA class action, go to https://rosenlegal.com/submit–form/?case_id=10974 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

———————————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8747269)

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Invivyd, Inc. f/k/a Adagio Therapeutics, Inc. Investors With Losses of $100K to Secure Counsel Before Important Deadline in Securities Class Action – IVVD, ADGI

NEW YORK, Feb. 10, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Invivyd, Inc. f/k/a Adagio Therapeutics, Inc. (NASDAQ: IVVD, ADGI) between November 29, 2021 and December 14, 2021, both dates inclusive (the "Class Period") of the important April 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Invivyd securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Invivyd class action, go to https://rosenlegal.com/submit–form/?case_id=11658 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the published epitope mapping, structural studies, and sequence analyses which defendants had used to claim ADG20 was effective against Omicron were insufficient, unreliable, and inadequate to make claims of effectiveness of ADG20 against Omicron; (2) claims regarding ADG20's efficacy against Omicron lacked a reasonable factual basis; (3) ADG20 was over 300 times less effective against the Omicron variant as compared to its effectiveness against previous variants; and (4) as a result, the Company's public statements were materially false and misleading at all relevant times. As a result of defendants' wrongful acts and omissions, and the significant decline in the market value of Invivyd's common stock, members of the Class have suffered significant damages.

To join the Invivyd class action, go to https://rosenlegal.com/submit–form/?case_id=11658 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

———————————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8747145)

EQUITY ALERT: ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Global Payments, Inc. Investors With $100K in Losses to Secure Counsel Before Important Deadline in Securities Class Action – GPN

NEW YORK, Feb. 10, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Global Payments, Inc., (NYSE: GPN) between October 31, 2019 and October 18, 2022, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 10, 2023.

SO WHAT: If you purchased Global Payments securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Global Payments class action, go to https://rosenlegal.com/submit–form/?case_id=11841 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 10, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Active Network used deceptive and abusive acts and practices to dupe its customers into enrolling into Active Network's own discount club; (2) since July 2011, Active Network, and by extension, Global Payments, was aware of such unauthorized conduct and that it was violating relevant regulations and laws aimed at protecting its consumers; (3) since 2011, Global Payments failed to properly monitor its subsidiary from engaging in such unlawful conduct, detect and stop the misconduct, and identify and remediate harmed consumers; (4) all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation; (5) Global Payments' revenues were in part the product of Active Network's unlawful conduct and thus unsustainable; and (6) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Global Payments class action, go to https://rosenlegal.com/submit–form/?case_id=11841 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

———————————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8747141)

IREN FINAL DEADLINE ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Iris Energy Ltd. Investors With $100K in Losses to Secure Counsel Before Important Deadline in Securities Class Action – IREN

NEW YORK, Feb. 10, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Iris Energy Ltd. (NASDAQ: IREN): (i) pursuant and/or traceable to the Offering Documents issued in connection with the Company's 2021 initial public offering (the "IPO" or "Offering"); and/or (ii) between November 17, 2021 and November 1, 2022, both dates inclusive (the "Class Period"), of the important February 13, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Iris Energy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Iris Energy class action, go to https://rosenlegal.com/submit–form/?case_id=10232 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 13, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the IPO offering documents and defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) certain of Iris's Bitcoin miners, owned through its Non–Recourse SPVs, were unlikely to produce sufficient cash flow to service their respective debt financing obligations; (2) accordingly, Iris's use of equipment financing agreements to procure Bitcoin miners was not as sustainable as defendants had represented; (3) the foregoing was likely to have a material negative impact on the Company's business, operations, and financial condition; and (4) as a result, the IPO offering documents and defendants' public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Iris Energy class action, go to https://rosenlegal.com/submit–form/?case_id=10232 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

———————————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8747123)

Food Industry Exposes Five Billion People to Toxic Chemicals that Kill

Industrially produced trans fat is responsible for up to 500,000 premature deaths from coronary heart disease each year, according to WHO. Credit: Shutterstock.

Industrially produced trans fat is responsible for up to 500,000 premature deaths from coronary heart disease each year, according to WHO. Credit: Shutterstock.

By Baher Kamal
MADRID, Feb 10 2023 – The food industry continues to intensively use toxic chemicals in their products, some of them provoking heart diseases and death. Trans fat is just one of them, adding to contaminating fertilisers, pesticides, microplastics and a long etcetera.

“Trans fat is a toxic chemical that kills, and should have no place in food,” warns Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO), informing that trans fat has no known benefits, and substantial health risks that incur enormous costs for health systems.

“Put simply, trans fat is a toxic chemical that kills, and should have no place in food.”

 

What is trans fat?

Trans fat, or trans-unsaturated fatty acids, is a type of unsaturated fat that occurs in food. Of all the fats, trans fat is the worst for health. Used intensively it increases the risks of heart disease and death.

“Put simply, trans fat is a toxic chemical that kills, and should have no place in food.”
Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO)

Trans fat can be found in commercial baked goods, such as cakes, cookies, fried foods, margarine, packaged foods, cooking oils and spreads among many other products.

Industrially produced trans fat is responsible for up to 500,000 premature deaths from coronary heart disease each year, WHO said.

Currently, nine of the 16 countries with the highest estimated proportion of coronary heart disease deaths caused by trans fat intake do not have a best-practice policy.

They are Australia, Azerbaijan, Bhutan, Ecuador, Egypt, Iran, Nepal, Pakistan and the Republic of Korea.

The annual status report has been published by WHO in collaboration with Resolve to Save Lives, a not-for-profit organisation that supports action towards eliminating industrially produced trans fat from national food supplies.

 

Food industry doubles its profits in just one year

Alongside oil and gas corporations, food companies more than doubled their profits in 2022 at a time when more than 800 million people were going hungry and 1.7 billion workers live in countries where inflation is outpacing wages, reports Oxfam International.

 

Industrial food systems destroy

On this, Navdanya International warns that in a few decades, industrial food systems have destroyed the Earth’s systems, human health and livelihoods as it has directly violated ecological laws and laws of justice.

Now we are seeing a global agenda to erase land-based cultures, to destroy real farms, real farmers, real food to create a dystopia of “farming without farmers” and “food without farms” as false totalitarian solutions to climate change, it adds in its Call to Action “Our Bread, Our Freedom” 2022.

“It is time to abandon our resource-intensive and profit-based economic systems that have created havoc in the world, disrupting the planet’s ecosystems and undermining society’s systems of health, justice, and democracy.”

Navdanya and the Navdanya movement was created by Dr. Vandana Shiva 30 years ago in India to defend Seed and Food sovereignty and small farmers around the world.

For its part, the UN Food and Agriculture Organization (FAO) reports that more than 600 million people fall ill and 420.000 die every year as a result of eating food contaminated with bacteria, viruses, parasites, toxins and chemicals.

 

More damage, more profits

These huge damages caused by the food business add to many others. One of them is the infant formula corporations’ exploitative marketing tactics, which the world-leading health organisation on 8 February 2023 called for “a swift crackdown” on such business tactics.

In a previous report Scope and impact of digital marketing strategies for promoting breast-milk substitutes on what it called ‘insidious’ online marketing of baby formula, the world’s top health organisation warned that the 55 billion US dollars baby formula industry must end exploitative online marketing targeting parents, particularly mothers

WHO’s report found that companies are paying social media platforms and influencers to “gain direct access to pregnant women and mothers at some of the most vulnerable moments in their lives,” through personalised content that is “often not recognisable as advertising.”

 

Big Business pays to social media influencers

“Through tools like apps, virtual support groups or ‘baby-clubs’, paid social media influencers, promotions and competitions and advice forums or services, formula milk companies can buy or collect personal information and send personalised promotions to new pregnant women and mothers.”

The report summarises findings of a new research that sampled and analysed 4 million social media posts about infant feeding, published between January and June 2021 using a commercial social listening platform.

These posts reached 2.47 billion people and generated more than 12 million likes, shares or comments.

“This new research highlights the vast economic and political power of the big formula milk companies, as well as serious public policy failures that prevent millions of women from breastfeeding their children,” said Nigel Rollins, one of the authors of a series on the $55 billion-a-year industry and their marketing “playbooks”, published in the peer-reviewed medical journal The Lancet.

“Actions are needed across different areas of society to better support mothers to breastfeed for as long as they want, alongside efforts to tackle exploitative formula milk marketing once and for all,” he added.

 

650 million women lack ‘maternity protection’

Currently, around 650 million women lack adequate maternity protections, the research noted.

Elaborated by a group of doctors and scientists, it examines how formula marketing tactics undermine breastfeeding and target parents, health professionals and politicians, and how feeding practices, women’s rights and health outcomes, are determined by power imbalances and political and economic structures.

 

Dairy lobbyists’ misleading claims

WHO recommends exclusively breastfeeding infants for at least six months. The practice provides immense benefits to babies and young children, from reducing infection risks to lowering rates of obesity and chronic diseases later in life.

However, globally, only around half of newborns are put to the breast within the first hour of life, warns WHO.

Eswatini: Democracy a Matter of Life and Death

By Andrew Firmin
LONDON, Feb 10 2023 – Thulani Maseko knew speaking out in Eswatini was a risky business. An activist and well-known human rights lawyer, he’d previously spent 14 months in jail for criticising the country’s lack of judicial independence. Now he’s dead, shot in his home by unknown assailants.

Among those Maseko litigated against was the country’s tyrannical ruler, King Mswati III. Mswati, in power since 1986, is Africa’s last remaining absolute monarch. In 2018, in one indication of his unchecked power, he changed the country’s name to Eswatini from Swaziland, unilaterally and without warning. Maseko was planning to take Mswati to court to challenge the renaming on constitutional grounds.

Maseko was chair of the Multi-Party Forum, a network bringing together civil society groups, political parties, businesses and others to urge a peaceful transition to multiparty democracy. He was also the lawyer of two members of parliament – Bacede Mabuza and Mthandeni Dube – arrested and detained in 2021 on terrorism charges for calling for constitutional democracy.

It isn’t yet clear why Maseko was killed or whether those who did the deed were acting on their own initiative or following someone else’s orders. But for many in the country’s democracy movement, it’s more than a little suspicious that just before the killing Mswati is reported to have said the state would ‘deal with’ people calling for democratic reforms. Maseko had reportedly received death threats.

Civil society is calling for Maseko’s killing to be properly investigated. Those carrying out the investigation should be independent and ensure whoever is behind it is held to account, however high the trail goes. But there seems little hope of that.

Blood on the king’s hands

If Maseko’s killing was a reaction to his human rights work, it’s an extreme form of reprisal, but it’s not the only recent mysterious death. In May 2021, law student Thabani Nkomonye disappeared. When his body was discovered a few days later, it bore signs of torture. The police did little to investigate; many believed they were responsible for the killing.

When news of Nkomonye’s killing broke, students protested to demand justice – and multiparty democracy, because only under democracy can state institutions be held accountable. This was the trigger for months of protests that swept Eswatini in 2021.

As protests went on some people started to target businesses owned by the monarchy. When protesters started fires, the state’s response was lethal. Dozens were killed and around a thousand injured as security forces fired indiscriminately at protesters, in a shoot-to-kill policy evidently ordered by Mswati. Even if Mswati doesn’t turn out to have Maseko’s blood on his hands, there are plenty of other killings he’s likely responsible for.

Part of a pattern?

Amid continued repression, people have little hope that the killing of Maseko will be the last, and if anything the fear is that it could mark an escalation. If the state is behind the attack, it suggests an increased boldness to its repression: it may be targeting high-profile figures in confident expectation of impunity.

There are other indications this may be the case: Penuel and Xolile Malinga of the People’s United Democratic Movement, the major political party, have twice had their home fired upon in the last few months. In December 2022, human rights lawyer Maxwell Nkambule survived an apparent assassination attempt when his car was fired on.

The state signalled it had more interest in repression than investigating Maseko’s killing when two protesters were shot in a march demanding justice. The danger is of growing lawlessness and further waves of state lethality in response to any protest violence.

Genuine dialogue needed

What the democracy movement is asking for is commonplace elsewhere: the right for people to have a say in the decisions that affect their lives. People want to pick the prime minister themselves, instead of the king doing it. They want to be able to vote for political parties, which are banned from elections. They want the king to be subject to the law, which requires a constitutional rather than absolute monarchy. And they want an economy that works for everyone: currently Mswati lives a life of rockstar luxury, funded through his family’s direct control of key state assets, while most people live in dire poverty.

An agreement to hold a national dialogue – struck with South Africa’s President Cyril Ramaphosa and the Southern African Development Community (SADC) following the 2021 protests – hasn’t been honoured. Even if it happened, many doubt such dialogue would be genuine.

South Africa has a special responsibility to urge democracy, as the country that’s home to Eswatini’s many civil society and political exiles. It’s time for South Africa and SADC to stand up to Mswati, demand genuine accountability over the killing of Maseko and push harder for real dialogue, constitutional reform and a path towards democracy.

Andrew Firmin is CIVICUS Editor-in-Chief, co-director and writer for CIVICUS Lens and co-author of the State of Civil Society Report.

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

The Opioid Addiction Crisis & U.S. National Security

Methadone Maintenance Therapy is offered in Thailand to reduce harm for people dependent on injected opioids, like heroin. Credit: World Bank/Trinn Suwannapha

 
Opioids are a class of drugs that includes the illegal drug heroin as well as power pain relievers available by prescription, such as oxycodone (Oxycontin), hydrocodone (Vicodin), codeine, morphine, fentanyl, methadone, and many others.

By Geetika Chandwani and Purnaka L. de Silva
NEW YORK, Feb 10 2023 – The opioid addiction crisis in the United States is an acute public health emergency and a profound threat to national security – which is caused by the over-prescription, misuse, illegal production, and criminal trafficking and sale of opioid pharmaceutical drugs to Americans. It is estimated that over 130 people die every day from opioid overdoses in the U.S.

The crisis has been linked to the dramatic increase in the prescription of opioid pain relievers since the late 1990s, as well as the rise of the use of heroin and powerful, highly-addictive synthetic opioids, such as fentanyl.

The opioid addiction crisis has had a horrific impact at the individual, family, and community levels across the country, as well as on the U.S. healthcare system at the federal, state, and local level.

Opioid addiction in the U.S. has become a prolonged epidemic, threatening public health, economic output, and national security. Hundreds of people die every week from opioid-related overdoses, a toll that spiked across the country during the COVID-19 pandemic.

As communities, healthcare providers, and government agencies join forces in combating the epidemic of opioid overdose deaths and solving the opioid addiction crisis, it is not enough to focus all available resources on treating people already addicted to opioids.

The million-dollar question is how to prevent people that do not have opioid addiction disorders, from becoming addicted. In this equation, it is crucial to examine pain and its relationship with deficiencies for example as in the case of Vitamin D deficiency and its relationship to musculoskeletal health, and thereby address specific factors that may trigger the need for long-term opioid use.

Opioids are recognized as a legitimate medical therapy for selected patients with severe, chronic pain that does not respond to other treatments. However, there can be unintended consequences. According to Centers for Disease Control and Prevention (CDC) reports, nearly 500,000 people died from an overdose involving any type of opioid, including prescription and illicit opioids, from 1999-2019.

These overdose deaths are a direct cause of significant damage to the U.S. economy from lost spending, wages, and productivity, and indirectly from lower employment and other trickle-down effects.

Once seen as mainly affecting white people of Caucasian descent, the opioid crisis disproportionately harms people of color now. Unequally distributed insurance coverage, limited access to medical services, and serious racial disparities exist in the U.S. healthcare system.

According to the U.S. Department of Health and Human Services, African American and Hispanic and Latino American people receive worse pain care. And alarmingly, the number and proportion of Americans 65-years and older with Substance Use Disorders (SUDs) are increasing.

Musculoskeletal Disorders (MSDs) are the leading source of pain and disability globally but are especially prevalent in industrialized nations, including the United States. Pain associated with MSDs is prevalent among construction workers, which is followed by increased prescription opioid use.

Musculoskeletal injuries are also a severe problem in sports medicine. Chronic pain is more common among combat veterans than non-veterans and their injuries are often more catastrophic. According to the U.S. Department of Veterans Affairs, military veterans suffer long years of musculoskeletal injury-related limitations.

MSDs, such as degenerative spine, arthritic conditions, and osteoporosis, are the most common causes of chronic pain among the elderly. Approximately 10 million Americans have osteoporosis, and another 44 million have low bone density, placing them at increased risk. By 2050, the incidence of hip fracture is expected to increase by 240% and 310% in women and men, respectively.

Vitamin D affects muscle strength, muscle size and neuromuscular performance. Since Vitamin D is a crucial nutrient for bone health, it is critical to question whether Vitamin D deficiency contributes to chronic pain-related opioid addiction. Vitamin D deficiency is commonly seen in patients with chronic pain, and an even higher percentage of patients with musculoskeletal pain are found to be Vitamin D deficient.

The latest study by Massachusetts General Hospital proves that Vitamin D deficiency enormously exaggerates the craving for opioids, potentially increasing the risk of dependence and addiction. Vitamin D deficiency occurs when the body does not get enough Vitamin D from sunlight or diet.

About 42% of the U.S. population is Vitamin D deficient, with some people even having higher deficiency levels. This includes premenopausal women, those with poor nutritional habits, people over 65, and individuals who avoid even minimal sun exposure.

There are also concerns related to Vitamin D deficiency due to regular sunscreen usage. And many youngsters spend more time on computers, mobile phones and video games, and lack a regular exercise regime. National data shows that most American children over the age of eight do not get enough calcium, a deficiency that increases their risk of developing osteoporosis in adulthood.

Vitamin D is naturally present in some foods and available as a dietary supplement. Regardless of fortification, the amount of Vitamin D a person gets from food depends on the person’s choice of food or drinks. The skin’s ability to produce Vitamin D decreases with age. At over 65 years of age, a person generates only one-fourth as much Vitamin D compared to when they were in their 20s.

And people with darker skin typically have lower Vitamin D levels than lighter-skinned individuals. On average, African Americans have about half as much Vitamin D in their blood compared to white Americans of Caucasian descent. While vitamin supplements have surged in popularity, some people are overdoing it, which can be toxic.

The American case study can present a learning model on a global scale, since the opioid crisis in the U.S. displays an extraordinary heterogeneity in society, with large pockets of poverty, and the absence of comprehensive health care for every citizen.

According to the World Health Organization (WHO), an estimated 40 million people need palliative care each year and 78% live in middle and low-income countries. Regularized pain treatment is limited or non-existent in most parts of the world. Such suffering can be alleviated with access to pain relief treatment. Poorly managed pain and inadequate palliative therapy can lead people to turn to illicitly obtained prescriptions or street drugs.

Consumer appetite is what drives demand. MSDs are the most common cause of disability worldwide, and according to the World Health Organization (WHO), approximately 1.71 billion people have musculoskeletal conditions globally.

Changes in worldwide populations, global migration patterns, increase in communicable and non-communicable diseases, and environments where people tend to live and work indoors, impact upon nutrition and Vitamin D levels, with adverse knock-on effects on musculoskeletal health.

As populations age, chronic pain and diseases tend to increase, along with the need for pain relief medications. Vitamin D is crucial for bone health, a fact that probably half the world’s population may understand but does not consider such information to be crucial. A relatively simple step, such as paying attention to Vitamin D deficiency screening and treatment can lead to improved health, which in turn may decrease the need for and abuse of opioids.

For that reason alone, there should be a compulsory policy implemented nationwide in the U.S. for everyone to be screened for Vitamin D deficiency, starting from 10-years-old (middle school) to 60-years to identify and treat at-risk populations.

The opioid addiction crisis in the U.S. is undoubtedly a national security emergency. It has resulted in a manifold increase in opioid-related deaths, decline in national public safety, and given rise to transcontinental organized criminal enterprises that are involved in the production and trafficking of illegal prescription drugs, such as fentanyl.

The current opioid addiction epidemic has also had a profound economic impact, costing the U.S. economy an estimated $78.5 billion in 2015. The precise total financial burden of the opioid addiction crisis to the U.S. economy is not easy to quantify.

Some estimates indicate that the total economic costs of the opioid addiction crisis in the U.S. could be as high as $504 billion per annum – i.e., including costs associated with healthcare provision, lost productivity, addiction treatment, criminal justice funding, and other associated expenditures.

The opioid addiction crisis has created the perfect storm – i.e., public health emergency and a significant national security threat – where transnational drug cartels and associated national criminal organizations are profiteering from the situation, boosting their profits, and expanding and deepening their illegal operations and networks.

The U.S. government’s measures to rise to this challenge and combat the opioid addiction crisis, include increased resources and powers for law enforcement investigation and interdiction, as well as access to treatment, funding for research, public health awareness initiatives, education etc., all part and parcel of a national security strategy aimed at protecting the American public.

The U.S. government has also taken steps to strengthen border security, and combat the trafficking of opioids, including from China where the most amount of fentanyl is manufactured and smuggled into America. However, these measures alone are not enough to address the opioid addiction crisis in the U.S.

The opioid crisis is a complex dilemma that requires wide-ranging, concerted national health and security policies, strategies, and tactics – i.e., that must focus on prevention, treatment, public awareness, and education, together with more effective and robust law enforcement with teeth.

It requires a coordinated multistakeholder effort involving federal, state, and local governments working together with law enforcement, public health providers, the private sector, and not-for profit organizations, faith-based nongovernmental organizations and religious orders that are engaged in generating public health awareness.

The U.S. government and lawmakers on Capitol Hill must continue to take bipartisan steps to address the opioid addiction crisis in America and fully ensure that the national security of the United States is sacrosanct and not compromised in any way, shape, or form.

Geetika Chandwani recently graduated with a Master’s in International Relations and Diplomacy and is an alumnus of the School of Diplomacy and International Relations at Seton Hall University. She works as Program Officer at Religions for Peace. Dr. Purnaka L. de Silva is Faculty and University Adjunct Professor of the Year 2022 at the School of Diplomacy and International Relations at Seton Hall University.

IPS UN Bureau

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

New Approach to Atrocities Needed, Say Ukraine War Crimes Investigators

War damage at a children’s facility in Ivanivka, Kherson. Investigators want changes in the way war crimes are investigated and prosecuted. Credit: Nychka Lishchynska

War damage at a children’s facility in Ivanivka, Kherson. Investigators want changes in the way war crimes are investigated and prosecuted. Credit: Nychka Lishchynska

By Ed Holt
BRATISLAVA, Feb 10 2023 – As plans are announced to set up an international centre in The Hague to prosecute war crimes committed in Ukraine, groups involved in documenting them say there must be a fundamental change in how the world reacts to war atrocities.

Since Russia’s full-scale invasion of Ukraine almost one year ago, there have been allegations of tens of thousands of war crimes committed by invading forces.

But while there has been unprecedented support internationally for efforts to bring those behind these alleged crimes to justice, the scores of civil society organisations working to document them say this war, more than any other, has underlined the need to overhaul global bodies and individual states’ approach to war crimes.

“The entire world and all its nations [must] realise that there needs to be a rapid global response to atrocities, that all nations have to establish ways of documenting war crimes and bringing them and those who committed them to light,” said Roman Avramenko, CEO of Ukrainian NGO Truth Hounds which is documenting war crimes in Ukraine.

“What we are now seeing is the result of inactivity. We have been talking about war crimes here for eight years, this started long ago. When there is no investigation of crimes, and no accountability for them, this leads to even greater atrocities and violence,” he told IPS.

Since the start of the full-scale invasion of Ukraine there has been a relentless stream of allegations of war crimes committed by Russian troops – earlier this month Ukrainian officials said more than 65,000 Russian war crimes had been registered since the beginning of the invasion.

Among the alleged crimes are rape, mass murder, torture, abduction, forced deportations, as well as indiscriminate attacks on civilians and civilian infrastructure, among others.

Ukrainian officials say 65,000 war crimes have been registered since the war began nearly a year ago on February 24, 2022. This picture shows some of the damage in the Novopetrivka, Kherson region. Credit: Nychka Lishchynska

Ukrainian officials say 65,000 war crimes have been registered since the war began nearly a year ago on February 24, 2022. This picture shows some of the damage in the Novopetrivka, Kherson region. Credit: Nychka Lishchynska

Condemnation of these crimes has been widespread, as has the support for their investigation.

In March and April last year, more than 40 states referred Russia to the International Criminal Court (ICC), while a few months later, many of these declared their support for Ukraine in its proceedings against Russia at the International Court of Justice.

“There has been an absolutely unprecedented mobilisation among countries demanding justice for Ukraine,” Rachel Denber, Deputy Director of the Europe and Central Asia Division at Human Rights Watch, told IPS.

However, while this support has been welcomed in Ukraine, groups like Truth Hounds and others want to see it turned into effective prosecutions which will act as a deterrent to future aggression from Russia, or any other state.

“Russia was not punished for previous human rights violations and war crimes, and this has driven them to continue an aggressive foreign policy all over the world,” said Roman Nekoliak, International Relations Coordinator at the Nobel Peace Prize-winning Ukrainian NGO Centre for Civil Liberties (CCL).

“The UN and participating states must solve the problem of a ‘responsibility gap’ and provide a chance for justice for hundreds of thousands of victims of war crimes. Without this, sustainable peace in our region is impossible. An international tribunal must be set up and [Russian president Vladimir] Putin, [Belarussian president Alexander] Lukashenko, and other war criminals brought to justice,” he told IPS.

International leaders and war crimes experts have highlighted the specific need to prosecute senior Russian officials for the crime of aggression. This crime is often referred to as the “mother of all crimes” because all other war crimes follow from it.

But it is difficult to bring the people behind such a crime to justice – the Rome Statute on which the ICC is established defines the crime as the “planning, preparation, initiation or execution” by a military or political leader of an act of aggression, such as an invasion of another country.

Ukrainian and European prosecutors are working together to investigate war crimes, but they cannot move against senior foreign figures, such as heads of government and state, because of international laws giving them immunity.

Meanwhile, the ICC cannot prosecute Russian leaders because neither Russia nor Ukraine has ratified the Rome Statute, and although a case could be brought if referred by the UN Security Council, as a permanent member of the UN Security Council with a veto over any such resolutions, Russia would simply block such a referral.

Indeed, in 2014, Russia and China vetoed a UN Security Council resolution that would have referred the situation in Syria – where Russian troops were later alleged to have committed war crimes – to the ICC.

“It would be wrong to say that the West did not react to [Russian war crimes in Syria], but what they are seeing now is that what happened there is happening again in Ukraine, and that it will continue elsewhere if Russian aggression is not stopped now, said Olga Ajvazovska of the Ukrainian civil society network Opora which is documenting war crimes.

“International societies also now understand that we need to develop stable international bodies which will have a way of stopping systematic Russian aggression,” she added.

Various solutions to the problem of bringing senior Russian figures to justice have been mooted.

Ukraine wants a special tribunal similar to courts established for war crimes in Rwanda and the former Yugoslavia set up, and in early February, Ukrainian prosecutors said they believed they were close to winning US support to establish a special tribunal to prosecute Russia’s crimes of aggression.

Separately, the European Commission announced this month that an international centre for the prosecution of the crime of aggression in Ukraine would be set up in The Hague.

But ICC officials are against the creation of a special tribunal, fearing it could fragment efforts to investigate war crimes in Ukraine, and have urged governments to support their continuing efforts.

In the meantime, the documenting and investigation of war crimes is continuing, and those involved are convinced that their work will help see justice served eventually.

They point out that they are working very closely with local and international prosecutors, as well as the ICC, and that experience gained in documenting war crimes in Ukraine prior to last year’s invasion – Truth Hounds was created just after Russia’s illegal annexation of Crimea in 2014 and the start of the conflict in the country’s Donbas region – and learning from investigations into war crimes in other countries, has proved invaluable in ensuring the effectiveness of their work.

“In the 2008 Georgia war, both sides reported violations of humanitarian law and war crimes. Nevertheless, research into them was conducted with limited support from international partners, and it was only in 2016 that the ICC got involved. Over eight years, significant information can get lost, and this is exactly why war crimes in Ukraine need to be documented constantly, as we, and several other organisations and international partners, are doing,” said Nekoliak.

So far, the ICC has issued only three arrest warrants charging men with war crimes related to the Georgia conflict.

The nature of the war itself is also helping them gather compelling evidence in a way that has perhaps not been possible in any conflict before.

“We are in a digital age and cyberspace is much more developed than 20 years ago. You can see in real-time, every day, the crimes being committed, the bombings, the people dying under the destroyed buildings, you can hear their screams.

“Today, it is much easier to find someone through technology, for instance, satellite pictures or other data can help identify which soldiers were at a certain location at a certain time when a war crime allegedly took place,” said Ajvazovska.

They believe these, along with a continued international focus on the conflict, and a strong desire among Ukrainians themselves to see accountability for the crimes committed against them, will help bring even those at the highest levels of Russian leadership to court at some point.

“The trials [of people involved in] the former Yugoslavia wars, the 2012 war crime conviction of former Liberian President Charles Taylor, Félicien Kabuga last year being put on trial over the 1994 Rwandan genocide, show that no matter how much time has passed the inevitability of punishment remains,” said Nekoliak.

“And Russian war criminals will face the same fate.”

IPS UN Bureau Report

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

Expanding E-bus Networks in Latin America Can Further Decarbonization Goals

An electric bus in downtown Montevideo, Uruguay. Credit: Inés Acosta/IPS

By Brianne Watts
NEW YORK, Feb 10 2023 – Latin America’s (LATAM) transportation sector produces the largest share of regional emissions and is a large source of air pollution, making transforming transportation technology systems key to energy transition and decarbonization. In particular, electrifying public transportation systems across the region through a transition to electric bus (e-bus) fleets will reduce fossil fuel demand and greenhouse gas (GHG) emissions.

While there are obstacles in the transition to e-buses, Latin America is well-positioned to address these challenges and take the lead in switching to zero-emissions public transit through innovative financing models, incentives, and public policy, which will contribute to reducing emissions while supporting more sustainable economic growth. Several countries and cities in Latin America are already leaders on this front and the region has innate advantages to expanding these networks.

 

Why Latin America Is Uniquely Poised to Benefit from Public Transit Electrification

Transforming transportation in LATAM will reduce fossil fuel use, contributing to decarbonization in the region. Unlike most of the world, the majority of Latin America’s electricity comes from renewable energy, while more than 95% of the energy used in its transport sector comes from oil and petroleum products.

Transforming transportation in LATAM will reduce fossil fuel use, contributing to decarbonization in the region. Unlike most of the world, the majority of Latin America’s electricity comes from renewable energy, while more than 95% of the energy used in its transport sector comes from oil and petroleum products.

The LATAM transport sector accounts for 15% of the region’s GHG emissions and was responsible for 8% of total global emissions in 2019. Furthermore, a 2018 UN report estimated that air pollution causes 64,000 premature deaths in the region every year, a figure it predicts could increase by 75% by 2050. These deaths were mainly caused by transportation emissions.

Recognizing the need to change, governments across the region have taken steps to clean up the transportation sector. Nationally Determined Contributions (NDCs) in 27 of the region’s countries prioritized transport, though only a handful specified renewables-based transport.

There has been a lot of focus on private electric vehicles (EVs) and raising emissions standards, but electrifying municipal bus fleets allows for less extensive infrastructure development—focusing charging infrastructure in centralized bus depots—and does not rely on consumer demand for cleaner private vehicles.

Latin America already claims the second highest e-bus fleet globally, with estimates of over 3,700 units across at least 10 countries, up from 2,000 e-buses in operation in 2020. While China dominates the electric bus market, several qualities unique to Latin America offer opportunities to expand its fleet.

The region is home to a highly urban population, with 80% of residents living in cities—a figure that is on the rise. These demographics have contributed to LATAM boasting the highest global per capita public transportation use.

Global bus rapid transit system data shows that systems in Latin America carry, on average, 600% more passengers per day than European systems and nearly twice the number of Asian systems.

LATAM also has a history of embracing transit innovation. One report pointed to the early adoption of electric trams, cable cars to serve dense, hard to reach settlements, propane taxis, and other new transportation technology. The region has “relatively sophisticated transit authorities” and some of the developing world’s best transit systems, suggesting data collected from existing networks “can support the efficient deployment of new electric buses.”

 

 

Cities Leading the Transition

The significant portion of emissions and pollution generated by transport is strong motivation for national and municipal governments in Latin America to invest heavily in electric buses. Colombia and Chile have committed to making 100% of public transportation system vehicle purchases zero emission by 2035. The capitals of these countries are emerging as leaders in the race to electrify city buses.

Bogotá has a fleet of nearly 1,500 e-buses, the largest outside of China, accounting for over 16% of the city’s entire public bus fleet. Santiago has the second largest e-bus fleet in LATAM. One 2019 analysis forecast that by 2025, over 5,000 electric buses will be delivered to Latin American cities annually.

The region is receiving support from international partnerships to expand electric bus networks. In 2019, the Zero Emission Bus Rapid-deployment Accelerator (ZEBRA) Partnership was launched, financed by P4G – Partnering for Green Growth and the Global Goals 2030, and co-led by C40 and the International Council on Clean Transportation.

ZEBRA’s mission is to work with cities in the region to secure political commitments, develop zero-emission bus fleet deployment strategies and business models, and secure financing for bus projects in order to “accelerate the deployment of zero-emission buses in major Latin American cities.”

 

Falling Costs, Innovative Financing, and International Support Can Drive Investment

One of the biggest obstacles to scaling up the deployment of e-buses is the high up-front costs of units. As U.S. interest rates continue to rise and the U.S. dollar appreciates, public financing of the units will pose a risk in countries that already have large amounts of U.S. dollar-denominated debt. However, lifetime costs of units are dropping and potential economic slowdowns could increase demand for public transport, while innovative financing solutions can enable LATAM countries to transform their bus systems.

E-buses are quickly becoming a cost-effective alternative to diesel counterparts, as acquisition, operation, and maintenance costs drop, and fossil fuel prices rise. A 2021 report estimated e-buses and associated charging infrastructure have up to two- to three-times, higher up-front costs compared to diesel alternatives. However, lower-cost battery technology, efficiency improvements, and low maintenance costs have already caused the purchase price to plunge.

One estimate found that “‘total cost of ownership’ over a vehicle’s lifetime should soon approach parity with internal combustion engine alternatives.” Santiago’s electric buses cost about one-fourth the cost per kilometer to operate compared to diesel buses. The falling costs and emission reduction benefits these buses bring make them economically advantageous in the long run.

In the meantime, cities throughout the region are using innovative models and public-private financing arrangements to expand e-buses fleets. One popular method is “unbundling” ownership and operation.

This model allows private firms to buy, own, and maintain the fleets and related equipment, while municipalities sign long-term contracts to operate the fleets. The advantage of this model is that it allows each party to perform the task for which it has a comparative advantage, allowing the owners to collateralize their assets and local governments to avoid extensive financing risks and the accumulation of debt. ZEBRA is financing this model of e-bus projects and related infrastructure throughout the region through a commitment of more than $1 billion.

 

Policies to Promote Change

To spur the inclusion of e-buses in Latin America’s energy transition, local and national governments need to develop and implement cross-cutting policies that incentivize this technology and enable it to thrive.

First, governments should codify goals of switching to 100% zero-emission bus fleets, following the examples of Chile and Colombia. These goals should include clear and ambitious target dates for purchasing and operating e-buses and for infrastructure improvements needed to support this transition.

Second, it is important to specify zero-emission technology (such as electric buses) in these goals, as ambiguous language like “low carbon” and “clean transport” creates loopholes allowing for fuel-efficient combustion technology. Transportation authorities also need to partner with utilities to expand charging infrastructure, ensure the grid can handle the additional load, and ensure that clean sources of electricity are used to charge the e-buses.

At the same time, governments should craft financial incentives for private bus owners and operators to switch to electric buses. The current average age of both public and private transport fleets in many LATAM countries is relatively low, increasing the risk of stranded assets. This cost, along with the upfront costs of a new electric bus, could inhibit the switch away from combustion-engine buses.

When São Paulo adopted a law to make all privately owned buses (which comprise the city’s entire bus fleet) zero-emission by 2037, many operators complained that they did not have the financial and technical resources needed to comply. They feared raising fares to pay for electric buses could hurt ridership.

Targeted subsidies, tax incentives, and insurance schemes that reduce the costs and risk of replacing higher emitting buses with e-buses will not only speed up the transition and contribute to meeting NDC targets, but will also signal the governments’ commitment to this technology.

 

New Opportunities for Growth

Because LATAM already leads in renewable energy use for electricity generation, transportation sector electrification is key to the energy transition. In a region known for extensive bus use, a switch to e-buses in public transportation will signal that LATAM governments are committed to furthering meaningful decarbonization.

LATAM is already home to several bus-manufacturing powerhouses, including Mexico and Brazil. Chile and Argentina are home to large lithium reserves. The region has the skills and resources to develop production capacity in electric bus manufacturing and battery manufacturing, which could create green jobs, support technological development, and strengthen regional value chains.

While cost and financing present challenges, targeted policies, public-private financing, and financial incentives can turn Latin America into a leader in public transportation electrification, reduce fossil fuel use, and present opportunities for sustainable economic development.

 

Brianne Watts is a Foreign Service Officer at the U.S. Department of State, currently pursuing a Master of Public Administration in Economic Policy Management at Columbia University.

The views expressed in this article are those of the author and not necessarily those of the U.S. Government.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Sotera Health Company Investors to Secure Counsel Before Important Deadline in Securities Class Action – SHC

NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Sotera Health Company (NASDAQ: SHC): (i) pursuant and/or traceable to the Company's initial public offering ("IPO") conducted on or around November 20, 2020; (ii) pursuant and/or traceable to the Company's secondary public offering ("SPO") conducted on or around March 18, 2021; and/or (iii) between November 20, 2020 and September 19, 2022, inclusive (the "Class Period"), of the important March 27, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Sotera Health securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Sotera Health class action, go to https://rosenlegal.com/submit–form/?case_id=11454 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 27, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, and in connection with the IPO and the SPO, Sotera Health made false and misleading representations concerning its emissions control systems and exposure to liability from lawsuits for the Company's failure to limit harmful Ethylene Oxide ("EtO") emissions. The Company represented that it had "a proactive [environmental, health and safety] program and a culture of safety and quality." In addition, Sotera Health stated that it employed adequate and effective safeguards to control EtO emissions. Moreover, Sotera Health and its executives vehemently denied allegations that the Company's EtO emissions from its sterilization facilities caused cancer and other severe health issues in people living in the communities near those facilities.

To join the Sotera Health class action, go to https://rosenlegal.com/submit–form/?case_id=11454 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

———————————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8746694)