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Navigating a new digital era means changing the world economic order - Vimarsana News

Navigating a new digital era means changing the world economic order

COVID-19 has accelerated the growth in the digital economy through a dramatic increase in working from home, online shopping, digital entertainment, online services, among other areas. Ideas such as telemigration in which people from different parts of the world work in virtual offices might once have sounded outrageous. Today, many are already working from home through video streaming. A completely virtual future is perhaps unlikely, but such shifts are a fundamental challenge to how we organise societies. Laws and regulations governing trade, taxation, labour, and social security, among ot...

How China Views Multilateralism - Vimarsana News

How China Views Multilateralism

Multilateralism, as we in China understand it, is about seeking consensus through consultation and manage common affairs through cooperation for shared benefits and win-win results. In this sense, China and Europe share a common interest in upholding multilateralism. Fu Ying is the Chair of Center for International Security and Strategy (CISS) at Tsinghua University and former Vice Foreign Minister of China. We both believe that the challenges faced by humankind should be tackled through international cooperation, and differences need to be addressed through consultations in multilateral inst...

Investors are increasingly shunning mining companies that violate human rights - Vimarsana News

Investors are increasingly shunning mining companies that violate human rights

Investors in Canadian mining company Tahoe Resources paid a price when Tahoe failed to disclose the extent of community and Indigenous opposition to its Escobal mine in Guatemala a few years back. Its stock was flying high at $27 a share, but it fell after a string of lawsuits and violent conflicts — including security guards shooting protesters in the back. The mine was eventually suspended by a Guatemalan court, and Tahoe was sold to Pan American Silver for about $5 a share. People who invested in Vancouver-based Tahoe were undoubtedly attracted to its ownership of one of the world’s l...

IBA - International Bar Association (via Public) / Fighting modern slavery in the Covid era - Vimarsana News

IBA - International Bar Association (via Public) / Fighting modern slavery in the Covid era

Fighting modern slavery in the Covid era Covid-19 has exacerbated the economic conditions in which modern slavery thrives. Global Insight reports on how work on solutions continues despite the global turmoil created by the pandemic. Header pic: Workers who have been saved from labour exploitation and are currently working with NoCap, Sagnet's NGO. Pictures supplied courtesy of Yvan Sagnet and NoCap. As a child growing up in Cameroon, Yvan Sagnet began dreaming about moving to Italy after becoming hooked on the Italia 90 FIFA World Cup. His dream came true when he won a scholarship to study e...

Unilever to require all suppliers to pay living wage - Vimarsana News

Unilever to require all suppliers to pay living wage

Unilever to require all suppliers to pay living wage BYonkruud / Shutterstock.com Unilever will require all of its suppliers to pay their staff a ‘living wage’, and has committed to developing the skills of millions of people in its own workforce and beyond. The company, which is behind major brands including Marmite and Dove, will require anyone that provides goods and services to the firm to pay at least a “living wage or income” by 2030, as part of its plans towards helping to build a more equitable and inclusive society. Corporate social responsibility It did not define what it co...