EQIX INVESTOR NOTICE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Equinix, Inc. Investors to Inquire About Securities Class Action Investigation – EQIX

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Equinix Inc. (NASDAQ: EQIX) resulting from allegations that Equinix may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Equinix securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit–form/?case_id=23498 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On March 20, 2024, before the market opened, Hindenburg Research released a report entitled “Equinix Exposed: Major Accounting Manipulation, Core Business Decay And Selling an AI Pipe Dream As Insiders Cashed Out Hundreds of Millions.” In part, Hindenburg stated its “investigation, which included a review of financial and litigation records and interviews with 37 former Equinix employees, industry experts and competitors, revealed that Equinix manipulates its accounting for AFFO (“adjusted funds from operations”), the key profitability metric for REITs [“(Real Estate Investment Trust”)]. We estimate this metric was overstated by at least 22% in 2023 alone.”

On this news, Equinix’s stock fell $19.70 per share, or 2.3%, to close at $824.88 per share on March 20, 2024.

Then, on March 25, 2024, Equinix filed an 8–K with the U.S. Securities and Exchange Commission, which contained a press release in which Equinix announced that the Audit Committee of the Company’s Board of Directors had commenced an independent investigation to review the matters referenced in the Hindenburg report. Equinix also announced that it had received a subpoena from the U.S. Attorney’s Office for the Northern District of California shortly after the release of the Hindenburg report.

On this news, Equinix’s stock fell $8.45 per share, or 1.1%, to close at $792.52 per share on March 25, 2024.

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. 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.

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
case@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 9087754)

ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Envoy Medical, Inc. Investors to Inquire About Securities Class Action Investigation – COCH

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Envoy Medical, Inc. (NASDAQ: COCH) resulting from allegations that Envoy may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Envoy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit–form/?case_id=21369 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On December 19, 2023, Envoy disclosed in a filing with the U.S. Securities and Exchange Commission that “[o]n December 14, 2023, the audit committee (the ‘Audit Committee’) of the board of directors of Envoy … concluded that the Company’s previously issued unaudited interim financial statements included in the Company’s Quarterly Report on Form 10–Q for the quarterly period ended September 30, 2023 (the ‘Previous Financial Statements’ and such period, the ‘Affected Period’), should no longer be relied upon.”

Envoy stated that “[t]he determination relates to the Company’s interpretation of the accounting guidance applicable to the forward purchase agreement, dated April 17, 2023, by and among the Company, Envoy Medical Corporation, Meteora Special Opportunity Fund I, LP, Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP and Meteora Strategic Capital, LLC (as amended to date, the ‘FPA’). The Company expects to restate the accounting treatment of the FPA for the Affected Period to reclassify the prepayment amount[.]” Envoy further stated “that the error above is consistent with the Company’s existing material weaknesses in internal control over financial reporting as of September 30, 2023, as previously disclosed in the Company’s Quarterly Report on Form 10–Q for the quarterly period ended September 30, 2023.”

On this news, Envoy’s stock price fell $0.27 per share, or 10%, to close at $2.25 per share on December 20, 2023.

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. 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.

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
        case@rosenlegal.com
        www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 9087772)

EMGA obtient un financement par emprunt de 50 millions de dollars pour la société kazakhe MFO KMF

LONDRES, 10 avr. 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA) annonce qu’elle a obtenu de la JICA, l’Agence japonaise de coopération internationale, une facilité de créance prioritaire de 50 millions de dollars US.

Shalkar Zhussupov, président du conseil d’administration de KMF : « C’est la première fois que KMF s’engage dans un partenariat avec la JICA, dont les objectifs et la mission se rapprochent des nôtres. Nous souhaitons exprimer toute notre reconnaissance à EMGA et à la JICA pour leur confiance et leur soutien. Les fonds de la JICA seront utilisés pour mettre en œuvre des projets visant à soutenir les micro et petites entreprises, y compris les entrepreneurs ruraux, ce qui permettra de créer de nouvelles opportunités et de contribuer à leur croissance économique. »

Sajeev Chakkalakal, responsable de la banque d’investissement et directeur général d’EMGA, a déclaré : « Nous sommes ravis d’avoir mis en place cette nouvelle facilité de crédit historique pour notre client de longue date, KMF. Ce fut un réel plaisir de collaborer à nouveau avec eux, tandis qu’ils poursuivent la consolidation de leur position en tant que plus grande IMF (institution de microfinance) du pays, et le renforcement de leur position financière en dépit de cette période de turbulence. »

Jeremy Dobson, directeur général d’EMGA, a ajouté : « Ce nouveau financement aidera KMF à remplir la mission qu’elle s’est fixée : continuer à aider les entrepreneurs dans tout le Kazakhstan et développer ses activités en mettant davantage l’accent sur les entreprises détenues par des femmes et dans les zones rurales. »

MFO KMF est l’un des leaders du secteur de la microfinance en Asie centrale. La société vise à établir des relations de partenariat à long terme avec ses clients, fondées sur la confiance, la compréhension et le respect mutuels. MFO « KMF » octroie à ses clients des prêts individuels et collectifs pour les types d’activités suivants : affaires, commerce, agriculture et élevage, production et services et prêts à la consommation.

JICA : l’Agence japonaise de coopération internationale est une agence gouvernementale qui fournit l’essentiel de l’aide publique au développement pour le compte du gouvernement japonais. Elle est chargée de soutenir la croissance économique et sociale dans les pays en développement et de promouvoir la coopération internationale.

Emerging Markets Global Advisory Limited (EMGA), avec des bureaux à Londres et à New York, vient en aide aux établissements financiers et aux entreprises à la recherche de nouveaux capitaux d’emprunt ou de capitaux propres. L’équipe multinationale d’EMGA associe des décennies d’expérience nécessaires pour mener à bien des transactions au nom de ses clients sur les marchés émergents et les économies frontières de tous les pays du monde, y compris le Kazakhstan qui reste un marché clé. Grâce à son expérience reconnue dans la formation de capital et le conseil stratégique à travers divers cycles économiques, EMGA continue d’étendre son rayonnement géographique et son offre de services, consolidant ainsi sa place sur le marché comme l’une des principales banques d’investissement de niche axées sur les marchés émergents.

Coordonnées
info@emergingmarketsglobaladvisory.com


GLOBENEWSWIRE (Distribution ID 1000934122)

A EMGA garante financiamento de dívida de US$ 50 milhões para a MFO KMF do Cazaquistão

LONDRES, April 10, 2024 (GLOBE NEWSWIRE) — A Emerging Markets Global Advisory LLP (EMGA) anuncia que obteve uma linha de crédito de US$ 50 milhões da JICA, a Japan International Cooperation Agency.

Presidente do Conselho de Administração da KMF, Shalkar Zhussupov: “Esta é a primeira vez que a KMF faz uma parceria com a JICA, cujos objetivos e missão se assemelham muito aos nossos. Somos gratos à EMGA e à JICA por sua confiança e apoio. Os recursos financeiros da JICA serão usados para implementar projetos de apoio a micro e pequenas empresas, incluindo empreendedores rurais, que criarão novas oportunidades e contribuirão para o crescimento econômico”.

Sajeev Chakkalakal, líder do setor de bancos de investimento e diretor administrativo da EMGA, disse: “Estamos muito satisfeitos por termos conseguido essa nova e histórica linha de crédito para nosso cliente de longa data, a KMF. Foi uma grande satisfação trabalhar com eles novamente, pois continuam a solidificar sua posição como a maior IMF do país e a fortalecer ainda mais sua posição financeira, apesar da época turbulenta”.

O diretor administrativo da EMGA, Jeremy Dobson, acrescentou: “Esse novo financiamento ajudará a KMF a cumprir sua declaração de missão: continuar a ajudar empreendedores em todo o Cazaquistão e desenvolver seus negócios com um foco maior em empresas controladas por mulheres e em áreas rurais”.

A MFO KMF é um dos líderes no setor de microfinanças da Ásia Central. O objetivo da empresa é estabelecer relações de parceria de longo prazo com os clientes, com base na confiança, compreensão e respeito mútuos. A MFO “KMF” concede aos clientes empréstimos individuais e coletivos para os seguintes tipos de atividade: negócios, comércio, agricultura e pecuária, produção e serviços e empréstimos ao consumidor.

JICA: a Japan International Cooperation Agency é uma agência governamental que fornece a maior parte da Assistência Oficial ao Desenvolvimento para o governo do Japão. Ela foi criada para ajudar no crescimento econômico e social dos países em desenvolvimento e na promoção da cooperação internacional.

A Emerging Markets Global Advisory Limited (EMGA), com filiais em Londres e Nova York, auxilia instituições financeiras e empresas que buscam capital de novas dívidas ou acionário. A equipe multinacional da EMGA combina décadas da experiência necessária para concluir transações em nome de seus clientes nos mercados emergentes e economias de fronteira do mundo, incluindo o Cazaquistão, que continua sendo um mercado importante. Com um histórico comprovado em formação de capital e consultoria estratégica ao longo de diversos ciclos econômicos, a EMGA continua expandindo seu alcance geográfico e sua oferta de serviços, solidificando sua posição no mercado como um dos bancos de investimento de nicho mais proeminentes do setor voltado para mercados emergentes.

Informações de contato
info@emergingmarketsglobaladvisory.com

 


GLOBENEWSWIRE (Distribution ID 1000934122)

EMGA sichert sich Fremdkapitelfinanzierung in Höhe von 50 Mio. USD für MFO KMF in Kasachstan

LONDON, April 10, 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA) gibt die Sicherung einer vorrangigen Kreditfazilität in Höhe von 50 Mio. USD von JICA, der Japan International Cooperation Agency, bekannt.

Shalkar Zhussupov, Vorstandsvorsitzender von KMF, erklärte dazu: „Zum ersten Mal ist die KMF eine Partnerschaft mit der JICA eingegangen, deren Ziele und Aufgaben den unseren sehr ähnlich sind. Wir sind der EMGA und JICA für ihr Vertrauen und ihre Unterstützung zu Dank verpflichtet. Die Mittel der JICA werden für die Durchführung von Projekten zur Unterstützung von Kleinst– und Kleinunternehmen, einschließlich ländlicher Unternehmer, verwendet, die neue Möglichkeiten schaffen und zu ihrem Wirtschaftswachstum beitragen werden.“

Sajeev Chakkalakal, Head of Investment Banking und Managing Director von EMGA, kommentierte: „Wir freuen uns, diese neue, wegweisende Kreditfazilität für unseren langjährigen Kunden KMF vereinbart zu haben. Die Zusammenarbeit mit ihnen war eine wahre Freude, während sie ihre Position als größtes MFI des Landes weiter festigen und ihre finanzielle Position trotz turbulenter Zeiten weiter stärken.“

Jeremy Dobson, Managing Director von EMGA, fügte hinzu: „Diese neue Finanzierung wird die KMF bei der Umsetzung ihres erklärten Ziels unterstützen, Unternehmern in ganz Kasachstan weiterhin zu helfen und ihr Geschäft mit einem stärkeren Fokus auf von Frauen geführten Unternehmen und in ländlichen Gebieten zu entwickeln.“

MFO KMF ist eines der führenden Unternehmen im zentralasiatischen Mikrofinanzsektor. Das Unternehmen strebt langfristige partnerschaftliche Beziehungen zu Kunden an, die auf gegenseitigem Vertrauen, Verständnis und Respekt basieren. MFO „KMF“ zahlt seinen Kunden Einzel– und Gruppenkredite für folgende Arten von Aktivitäten aus: Unternehmen, Handel, Ackerbau und Viehzucht, Produktion und Dienstleistungen sowie Konsumentenkredite.

JICA: Die Japan International Cooperation Agency ist eine Regierungsbehörde, die den Großteil der offiziellen Entwicklungshilfe für die japanische Regierung leistet. Ihre Aufgabe ist die Unterstützung des wirtschaftlichen und sozialen Wachstums in den Entwicklungsländern und die Förderung der internationalen Zusammenarbeit.

Emerging Markets Global Advisory Limited (EMGA), mit Niederlassungen in London und New York, unterstützt Finanzinstitute und Unternehmen bei der Suche nach neuem Fremd– oder Eigenkapital. Das multinationale Team von EMGA verfügt über die jahrzehntelange Erfahrung, die für den Abschluss von Transaktionen im Namen ihrer Kunden in den Schwellen– und Grenzmärkten der Welt, einschließlich des weiterhin wichtigen Marktes Kasachstan, erforderlich ist. Mit einer nachgewiesenen Erfolgsbilanz in den Bereichen Kapitalbildung und strategische Beratung in verschiedenen Konjunkturzyklen baut EMGA seine geografische Reichweite und sein Serviceangebot weiter aus und festigt seinen Platz auf dem Markt als eine der branchenweit herausragenden, auf Schwellenländer fokussierten Nischen–Investmentbanken.

Kontaktinformationen
info@emergingmarketsglobaladvisory.com


GLOBENEWSWIRE (Distribution ID 1000934122)

ROSEN, A LEADING LAW FIRM, Encourages Waldencast plc Investors to Inquire About Securities Class Action Investigation – WALD, WALDW

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Waldencast plc (NASDAQ: WALD, WALDW) resulting from allegations that Waldencast may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Waldencast securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit–form/?case_id=18362 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On July 5, 2023, after the market closed, Waldencast filed a current report with the Securities and Exchange Commission in which it disclosed, among other things, that it intended to “restate its consolidated financial statements for the Relevant Periods”, which were the periods ending December 31, 2021, March 31, 2022, June 30, 2022, and September 30, 2022. Waldencast announced it had “determined that a material weakness existed in the Company’s internal control over financial reporting during the relevant periods.”

On this news, Waldencast’s stock fell $0.76 per share, or 10%, to close at $6.63 per share on July 6, 2023.

Then, on January 16, 2024, Waldencast reported its financial results for the fiscal year ended December 31, 2022, which included restated financial statements.

On this news, Waldencast’s stock fell $1.57 per share, or 15%, to close at $8.70 per share on January 16, 2024.

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. 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.

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
        case@rosenlegal.com
        www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 9087744)

ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages bluebird bio Inc. Investors to Inquire About Securities Class Action Investigation – BLUE

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of bluebird bio Inc. (NASDAQ: BLUE) resulting from allegations that bluebird may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased bluebird securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit–form/?case_id=23843 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On March 26, 2024, before the market opened, bluebird filed an 8–K with the SEC in which it announced, “[o]n March 24, 2024, the Audit Committee of the Board of Directors (the “Audit Committee”) of the Company, based on the recommendation of management and after consultation with EY, concluded that the Company’s previously–issued audited consolidated financial statements for each fiscal year beginning January 1, 2019 and its previously–issued unaudited interim condensed consolidated financial statements for each of the first three quarters in such years, as well as the associated earnings releases and investor presentations or other communications describing such financial statements, were materially misstated and, accordingly, should no longer be relied upon.”

On this news, bluebird’s stock fell $0.16 per share, or 11.8%, to close at $1.20 per share on March 26, 2024.

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. 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.

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
case@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 9087732)

To Mitigate Climate Change Associated Disasters That Impact the Agricultural Sector – Launch Multipronged Efforts

In 2023, the United Nations released a report revealing that extreme weather disasters had incurred economic losses totaling $4 trillion, with significant impacts felt across various sectors, notably agriculture

In 2023, the United Nations released a report revealing that extreme weather disasters had incurred economic losses totaling $4 trillion, with significant impacts felt across various sectors, notably agriculture. Credit: Miriet Abrego / IPS

By Esther Ngumbi
URBANA, Illinois, US, Apr 10 2024 – Recently, the United Nations in collaboration with the World Meteorological Organization released a report that highlighted the impacts of climate change including on agriculture.

Additionally, the report highlighted the economic losses and other impacts extreme weather events such as floods, droughts, heatwaves, and tropical cyclones have on agriculture.

Indeed, globally, and in the United States, record-breaking, extreme weather disaster events, such as flooding, storms, and droughts, have become extremely costly and excessively too common.

In dealing with record-breaking extreme weather events that directly and indirectly impact the agricultural sector, we must choose to launch multipronged solutions that leverage data, incorporate newly available climate solutions and innovations, and create incentives to amplify the adoptions of these solutions

According to the National Oceanic and Atmospheric Administration, 377 events have resulted in losses of over $2.6 trillion have been documented. In 2023, the United Nations released a report showing that extreme weather disasters have resulted in economic losses worth $4 trillion, including in the agricultural sector.

Undoubtedly, this should worry all since the agricultural sector is vital for meeting our food and nutrition security needs. In the United States, for example, agriculture, food, and related industries contribute approximately $1.4 trillion to the gross domestic product.

In Asia, Africa, and many other continents, the agricultural sector is equally important, and further serves as a source of employment, and thus a poverty-reducing sector. According to UN FAO, agriculture accounts for over 35 percent of Africa’s GDP.

Emerging, therefore is the need for multipronged efforts to help to mitigate the impacts these climate change associated disasters have on agriculture.

 

First. Inform agricultural sector stakeholders including farmers about newly launched technologies and most recent science-backed climate solutions.

Researchers, entrepreneurs, and innovators continue to bring to life novel technologies, climate solutions, and innovations that can be deployed to help to mitigate climate change impacts.

From artificial intelligence powered prediction models that can reliably forecast when disasters are going to happen, prompting stakeholders to act, to climate resilient crops, to regenerative agricultural practices such as cover cropping, mulching, and digging trenches that can help mitigate the impacts of drought and flooding to indoor agriculture that cushions agricultural crops from weather, pests and water and space limitations.

To make sure that this information is available, governments or innovators could keep a tab or have an inventory of all recent climate solutions. This can be a one stop database that carries the most recent info.  It could be in the form of a climate solutions dashboard.

Complementing information is the need to create incentives to accelerate the adoption of these newer climate solutions, technologies, and strategies. Monetary incentives, for example, could go a long way in facilitating the rapid adoption of research backed climate solutions for agriculture. For example, in Illinois, farmers who are practicing regenerative practices such as cover cropping are eligible for a three-year contract payment of $50 per acre.

Moreover, there is a need to actively engage the next generation of farmers. Programs such as the recently launched US Department of Agriculture climate corps, a program that will mobilize over 100 young people to help advance sustainable agriculture, is a move in the right direction.

 

Second. Continue to invest in research, entrepreneurs, agencies, and programs dedicated to climate research. 

Research continues to be central in helping to generate new solutions. As such, there is need to keep funding researchers that are actively engaged in research aimed at generating newer solutions or understanding the direct and indirect impacts of climate change associated disasters.

As an example, in 2023, USDA invested over $46M in the Sustainable Agriculture Research and Education Program that funds research that has over the years resulted in the development of climate-smart solutions. In the same year, The Rockefeller Foundation committed $1billion to advance climate solutions.

 

Third. Take good data before, during, and after climate disasters.

Good data can be leveraged to help address climate change impacts to agriculture including being used in machine learning, to help to create predictive models that are continuing to revolutionize our ability to predict disaster events and act. Moreover, data can be used to introduce real-time solutions while helping to accurately capture solutions that are working.

Certainly, data driven solutions will continue to be important now and in the future and should continue to be leveraged.

At the core of preventing direct impacts of weather events on the agricultural sector should be a respect for nature and biodiversity.

Indeed, we live in a biodiverse world, that has other creatures in our ecosystem. For example, the soil matrix is home to earthworms and microbes that underpin agricultural productivity. As such, strategies, solutions, and interventions rolled out should also protect these invisible friends.

In dealing with record-breaking extreme weather events that directly and indirectly impact the agricultural sector, we must choose to launch multipronged solutions that leverage data, incorporate newly available climate solutions and innovations, and create incentives to amplify the adoptions of these solutions. A functioning agricultural sector will continue to be important as we strive to meet our food and nutrition security needs.

Esther Ngumbi, PhD is Assistant Professor, Department of Entomology, African American Studies Department, University of Illinois at Urbana-Champaign

When the Man Who Built the Bombs Met the Man Who Dropped the Bombs…

Analysts say the film Oppenheimer would have benefitted from showing the impact on those the bombs were unleashed upon. Credit: The International Campaign to Abolish Nuclear Weapons (ICAN)

Analysts say the film Oppenheimer would have benefitted from showing the impact on those the bombs were unleashed upon. Credit: The International Campaign to Abolish Nuclear Weapons (ICAN)

By Thalif Deen
UNITED NATIONS, Apr 10 2024 – The award-winning Hollywood movie Oppenheimer portrays the life of J. Robert Oppenheimer, who helped create the atomic bomb, which claimed the lives of an estimated 140,000 to 226,000 people and devastated the two Japanese cities of Hiroshima and Nagasaki in August 1945.

The tragedy was best described as a humanitarian disaster of Biblical proportions. But the film focuses on the creation of the bombs, not the devastation it caused.

In a Time magazine piece last February, Jeffrey Kluger recounts a meeting at the White House between US President Harry S. Truman and Oppenheimer, aptly describing it as “the man who built the bombs and the man who dropped the bombs.”

Suffering from an unforgivable guilt, Oppenheimer reportedly told Truman, “Mr. President, I feel I have blood on my hands.”

But history recalls just what happened next differently, says Time.

Truman apparently said, “Never mind, it’ll come out in the wash.”

Or another story, where an unrepentant Truman hands a handkerchief to Oppenheimer and says, “Well here, would you like to wipe your hand?”

In the film, Truman merely brandishes the handkerchief.

A former Hiroshima mayor, Takashi Hiraoka, who spoke at a preview event for the film, was more critical of what was omitted from the movie.

He was quoted as saying: “From Hiroshima’s standpoint, the horror of nuclear weapons was not sufficiently depicted. The film was made in a way to validate the conclusion that the atomic bomb was used to save the lives of Americans.”

The International Campaign to Abolish Nuclear Weapons (ICAN) said the release of the Oppenheimer film, and the wave of (media) attention surrounding it, creates an opportunity to spark public attention on the risks of nuclear weapons and invite new audiences to get involved in the movement to abolish nuclear weapons.

“We can educate about the risks, and share a much-needed message of hope and resistance: Oppenheimer is about how nuclear weapons began, the UN Treaty on the Prohibition of Nuclear Weapons (TPNW) is how we end them.”

Speaking of the historical perspective, Dr Alon Ben-Meir, a retired professor of international relations at the Center for Global Affairs at New York University (NYU), told IPS that the Manhattan Project, which was spearheaded by Oppenheimer to develop a nuclear weapon, started while the Second World War was raging and Germany had been on the march, conquering one country after another in Europe.

However, by the time the nuclear weapon was developed, Germany had surrendered, but Japan continued to fight. Based on documented historical accounts, Japanese forces were fighting in every trench, in every front, to the last soldier, and the word’surrender’ was not in their vocabulary, he said.

General Marshall, who was Chief of Staff of the US Army, provided counsel to President Truman at the time that if the war were to continue for another one to two years, hundreds of thousands of American soldiers and perhaps more than a million Japanese would be killed.

When Truman asked what he would suggest, General Marshall and others indicated that bombing one or even two sites in Japan with a nuclear weapon could bring the war to a swift conclusion and save the lives of millions from both sides.

Truman was finally persuaded that this may be the only solution, specifically given that the Japanese were determined to fight until the bitter end, said Ben-Meir, who taught courses on international negotiation and Middle Eastern studies for over 20 years.

“Once the bombs were dropped and Oppenheimer realized the extent of the damage and death that occurred in Hiroshima and Nagasaki, he felt personally responsible for the catastrophic impact of the bomb, stating to President Truman that he felt that he had blood on his hands because of what happened.”

Truman then told Oppenheimer that although he was behind the development of the nuclear weapon, the decision to use it was his own, and Oppenheimer bore no responsibility whatsoever.

President Truman allegedly handed Oppenheimer his handkerchief to presumably wipe his hands off the bloodstains. Nevertheless, Oppenheimer left the president’s office completely distraught, said Ben-Meir.

“The Japanese do not believe that Truman was concerned about the potential loss of Japanese lives had the war continued, but was mainly concerned about American lives. This sadly remains a point of contention but was mostly overcome due to the strong alliance that was subsequently developed between the US and Japan.”

Of course, what compounded Oppenheimer’s profound despair over what happened was that he was subsequently accused of being a member of the Communist Party and had his security clearance revoked, ending his work with the US government (he was posthumously exonerated), declared Ben-Meir.

Broadly, though, according to National Public Radio (NPR), many Japanese viewers expressed discomfort with Oppenheimer’s storytelling and felt the portrayal was incomplete.

“The film was only about the side that dropped the A-bomb,” Tsuyuko Iwanai, a Nagasaki resident, told NPR. “I wish they had included the side it was dropped on.”

Upon witnessing the first successful nuclear test, Oppenheimer reportedly quoted from the Hindu scripture Bhagavad Gita: “Now I am Death: the destroyer of the worlds,” according to UNFOLD ZERO, a platform for UN focused initiatives and actions for the achievement of a nuclear weapons-free world.

“Indeed, Oppenheimer was so impacted by the potential of the nuclear bomb to destroy the world that, following the end of the Second World War, he became deeply involved in international nuclear weapons control, peace and the promotion of world governance”.

“The movie should remind us of how important and relevant these ideas are today—as wars are raging, tensions between nuclear armed States are increasing and the threat of nuclear war is as high as it has ever been,” said UNFOLD ZERO.

“The thinking, passion and commitment of Oppenheimer regarding these issues is barely touched upon in the movie, despite it being so important today for re-awakening our collective understanding of the nature of nuclear deterrence, the risks of nationalism and the importance to strengthen the rule of law, prevent nuclear war and achieve peace through global governance.”

Addressing the UN Security Council on March 18, Secretary-General António Guterres referred to the movie, which won seven Oscars at the Hollywood Academy Awards ceremony on March 10, including the four major awards for Best Picture, Best Director, Best Actor and Best Supporting Actor.

“The Doomsday Clock is ticking loudly enough for all to hear. From academics and civil society groups, calling for an end to the nuclear madness,” he said.

“To Pope Francis, who calls the possession of nuclear arms ‘immoral’. To young people across the globe worried about their future, demanding change. To the Hibakusha, the brave survivors of Hiroshima and Nagasaki—among our greatest living examples of speaking truth to power—delivering their timeless message of peace.”

Humanity cannot survive a sequel to Oppenheimer, Guterres warned.

This article is brought to you by IPS Noram, in collaboration with INPS Japan and Soka Gakkai International, in consultative status with UN ECOSOC.

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’);  

IPCI 2024: Oslo Conference Focuses on Parliamentary Power over Reproductive Rights

Natalia Kanem, Executive Director of the United Nations Population Fund, gives the keynote address at the 8th International Parliamentarians’ Conference on the Implementation of the ICPD Programme of Action (ICPD). Credit: Naureen Hossain/IPS

Natalia Kanem, Executive Director of the United Nations Population Fund, gives the keynote address at the 8th International Parliamentarians’ Conference on the Implementation of the ICPD Programme of Action (ICPD). Credit: Naureen Hossain/IPS

By Naureen Hossain
OSLO, Apr 10 2024 – Gearing up for the 30th anniversary of the International Conference on Population and Development (ICPD), the world’s parliamentarians and ministers are meeting in Oslo to determine the course of action needed to promote sexual and reproductive human rights (SRHR).

Over 170 parliamentarians from more than 110 countries, UN experts, civil society leaders, and other stakeholders are expected at the 8th International Parliamentarians’ Conference on the Implementation of the ICPD Programme of Action. 

The IPCI conference, which starts today (April 10, 2024), will facilitate dialogue and cooperation to improve parliamentarians’ capacity to improve sexual and reproductive health and rights (SRHR) across the world. It is grounded in the 2030 Agenda for Sustainable Development, leading up to the 2024 Summit of the Future this September. This year’s conference is organized by the United Nations Population Fund (UNFPA) and the European Parliamentary Forum for Sexual and Reproductive Rights (EPF). The conference is hosted by APPG Norway and its secretariat, Sex og Politikk, Norway’s parliamentary group dedicated to sexual and reproductive health rights.

In recent years, many countries have seen a regression of SRHR across the spectrum, from banning family planning options such as legal abortions to suppressing or attacking women’s presence in national policy and the continued practice of female genital mutilation.

Lubna Jaffery, Minister of Culture and Equality of Norway, addresses the 8th International Parliamentarians’ Conference on the Implementation of the ICPD Programme of Action (ICPD). Credit: Naureen Hossain/IPS

Lubna Jaffery, Minister of Culture and Equality of Norway, addresses the 8th International Parliamentarians’ Conference on the Implementation of the ICPD Programme of Action (ICPD). Credit: Naureen Hossain/IPS

 

Minister of International Development of Norway, Anne Beathe Tvinnereim addresses the 8th International Parliamentarians’ Conference on the Implementation of the ICPD Programme of Action (ICPD). Credit: Naureen Hossain/IPS

Minister of International Development of Norway, Anne Beathe Tvinnereim, addresses the 8th International Parliamentarians’ Conference on the Implementation of the ICPD Programme of Action (ICPD). Credit: Naureen Hossain/IPS

Governments have passed legislation that limits reproductive rights and access to basic services, which impact the general population and, more often, vulnerable or underrepresented communities such as refugees, internally displaced people, and LGBTQ+ groups. It speaks to a spread of fundamentalist viewpoints influencing public policy and opinion and the strengthening of anti-human rights parties, according to EPF President Petra Bayr.

If these developments—or regressions—in global SRHR are to be challenged, then they could be countered through evidence of the impact of comprehensive SRHR and the belief that self-determining one’s body, reproductive, and sexual life is a realization of fundamental human rights, according to Bayr.

She told IPS by email, enforcing this will take hard work that, among others, “lies in the hands of many committed MPs who believe in the universality of human rights.”

“Fundamental human rights issues must never be dependent on ideology and religion.”

During Wednesday’s opening ceremony, UNFPA Executive Director Dr. Natalie Kanem addressed the conference by remarking on the role that parliamentarians play and the influence they can wield when working across the political spectrum to advance a shared vision of rights for women.

“Parliamentarians around the world have been instrumental in the achievements of the past three decades, speaking up for those whose voices often go unheard and passing legislation to protect women and girls at home and abroad,” she said.

Despite the setbacks in achieving universal access to SRHR, the strides should not be forgotten. The ICPD Programme of Action, first adopted in 1994 and then extended in 2010, remains a critical guideline for its goals in population and a keystone for sustainable development.

As Bayr notes, the ICPD made reference to people’s needs in humanitarian settings and the diversity of family dynamics, concepts that remain relevant in the present day. “The focus on the impact of population policies on the environment, sustainability, and fair distribution of economic values is even more pressing than it was 30 years ago,” she said.

“There is still a lot to do and we have to consider very carefully how we invest our potential. We will need energy to defend what we already have, but we still need enough power to make relevant steps towards all these goals we haven’t met yet.”

This year, IPCI will focus on three common themes from the ICPD agenda. These themes will be observed through their impact on and ability to achieve universal access to SRHR:

  • Converging megatrends, such as demographic diversity and the climate crisis.
  • Digital technology, more specifically the forms of violence employed online or through technology, which UNFPA refers to as technology-facilitated gender-based violence.
  • The funding landscape of SRHR in a time where governments’ priorities are threatened by security concerns

 

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’);