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2025-01-26
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With every matter of human interaction or engagement in the public domain because of social media, it is imperative to have a new law of social media, said Attorney General of India (AGI) R. Venkataramani in Mangaluru on Sunday. Delivering the 11th Silver Jubilee Endowment Lecture at the Golden Jubilee Celebrations of Shri Dharmastala Majunatheshwara Law College, Mr. Venkatramani said: “Every matter of human interaction or engagement is up for grabs, as they say, in the public domain. Social media runs very close in this run and also runs riot. A new jurisprudence of social media will soon become our need beyond the current regime of restrictions,” he said. With technology virtually driving every aspect of life, the moot question to ponder will be as to how claim of fundamental Right to Equality under Article 14 will be addressed and resolved in the coming decades. “One is tempted to ask this question, if technology can also talk about its own dharma, which means whom will it serve, at what cost, and to fulfill what needs? What kind of external regulations by way of law can instruct, advise, or dictate technology, its purpose and its service,” he said. The study and practice of law in the coming days will not be mere attention to “inane procedures or contracts and commerce of the days of Adam Smith”. The challenge for law practitioners will therefore be comprehending and articulating the dharma of rights “which will not be what we understand today”. The AGI said the relation between what we do namely our karma and why we should do after due engagement of mind namely dharma is what he called as ‘Dharma of rights’. The future of study and practice of law is going to involve many questions of ethics and morals, individual and collective, he said. The dharma of rights and dharma of the Constitution, he said, entails taking responsibility for every situation that we are in and every stage of situation. “For example, those who deserve equality and those who deny it both must take responsibility for what would be dharmic over a period of time. The demand for crossing 50% cap on reservation or the EWS idea are all examples of failure to take responsibility for claims without internal dharma,” he said. The search for right answers must be on the basis of not partisan politics. “This dharma of constitution will depend on what all of us individually and collectively do to bring the best in all to add sustainable meanings to it. In this there can be no exclusive role that can be assumed by any one institution,” he said. “Law students should train themselves to go beyond the text of any law to fathom the dharma of a need or claim and the dharma of actions under the law,” the AGI stated. Former Chief Justice of Kerala High Court Antony Dominic, former Karnataka High Court Judge Michael D’Cunha, Pattadhikari of Sri Kshetra Dharmastala and Rajya Sabha Member D. Veerendra Heggade and former Director of Symbiosis Law School Pune Shashikala Gurupur and former IAS officer Sham Bhat also spoke on the day. D. Veerendra Heggade, Pattadhikari of Sri Kshethra Dharmastala, speaking on the occasion of Golden Jubilee Celebration of the SDM Law College at TMA Pai International Convention Centre in Mangaluru on Sunday. | Photo Credit: H.S. MANJUNATH Published - December 15, 2024 08:56 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Karnataka / Mangalore / judiciary (system of justice) / media / universities and colleges / crime, law and justice / technology (general)

Unamused 49ers GM: Cool it with Kyle Shanahan 'hot seat' talkWealthy nations raised their offer for climate finance for poorer nations to $300 billion Saturday at COP29 negotiations, with growing doubts that all countries will leave happy with the outcome. Negotiators worked through the night in a sports stadium in the Caspian Sea city of Baku in a search for compromise as the two-week COP29 conference dragged into an extra day. In a year set to be the hottest ever recorded, developing nations bearing the brunt of rising drought and disasters flatly rejected Friday an initial offer of $250 billion per year by 2035. On Saturday, wealthy countries — whose ranks include the European Union, the United States, Britain and Japan — raised the sum to $300 billion, said multiple sources with close knowledge of the negotiations. The revised offer from rich countries came with conditions in other parts of the broader climate deal under discussion in Azerbaijan. The EU in particular wants an annual review of global efforts to phase out fossil fuels, which are the main drivers of global warming. This has run into opposition from Saudi Arabia, which has sought to water down a landmark pledge to transition away from oil, gas and coal made at COP28 last year. "We will not allow the most vulnerable, especially the small island states, to be ripped off by the new, few rich fossil fuel emitters," said German Foreign Minister Annalena Baerbock. Irish climate minister Eamon Ryan said he was "hopeful" for a deal but that a clearer picture would emerge later in the day, when a new text is expected. Ryan told AFP developing countries needed money "but also we have to put a halt to the advance of fossil fuels." A coalition of more than 300 activist groups accused historic polluters most responsible for climate change of skirting their obligation, and urged developing nations to stand firm. "You claim to champion a rules-based system, yet flout the rules when they don't suit your interests, putting at risk billions of people and life on Earth," the non-governmental organisations wrote in an open letter. Wealthy nations counter that it is politically unrealistic to expect more in direct government funding. The US earlier this month elected former president Donald Trump, a sceptic of both climate change and foreign assistance, and a number of other Western countries have seen right-wing backlashes against the green agenda. The draft deal posits a larger overall target of $1.3 trillion per year to cope with rising temperatures and disasters, but most would come from private sources. Even $250 billion would be a step up from the $100 billion now provided by wealthy nations under a commitment set to expire. A group of developing countries had demanded at least $500 billion, with some saying that increases were less than met the eye due to inflation. Experts commissioned by the United Nations to assess the needs of developing countries said $250 billion was "too low" and by 2035 rich nations should be providing at least $390 billion. This figure was taken up by Brazil, the host of next year's COP30, which says $390 billion should be the sole responsibility of wealthier countries. The US and EU have wanted newly wealthy emerging economies like China — the world's largest emitter — to chip in. China, which remains classified as a developing nation under the UN framework, provides climate assistance but wants to keep doing so on its own voluntary terms. While China has generally taken a low-key and cooperative stance in Baku, oil-rich Saudi Arabia has pushed hard for weaker language on fossil fuels and, like China, has fought against being obliged to provide aid, one veteran activist from a developing country said. Azerbaijan, an authoritarian state that relies on oil and gas exports, has been accused of lacking the experience and bandwidth to steer such complex negotiations. Its leader Ilham Aliyev opened the conference by railing against Western nations and hailing fossil fuels as a "gift of God".

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Trump taps forceful ally of hard-line immigration policies to head Customs and Border ProtectionTHUNDER BAY – Patty Hajdu, MP for Thunder Bay-Superior North and minister of Indigenous services, hosted a roundtable discussion on winter roads Friday. In attendance with Hajdu were Nishnawbe Aski Nation and other First Nation leaders, to discuss the challenges posed by shortened winter roads seasons. Northern remote First Nations rely on ice roads across frozen waterways in winter to truck in fuel, construction supplies and other essential goods. But climate change has dramatically shortened the winter road season in recent years “and this places a huge stress on communities,” Hajdu said after the roundtable meeting. “One community talked about having approval for 20 modular units and only being able to get 13 through the winter roads. And of course, the cost of airlifting, this is just astronomical,” she told reporters at a news conference. “So I convened a winter roads conference and invited the province of Ontario, (which) has a huge responsibility in building those roads and working with communities. They unfortunately did not come to the conference, but it was still very productive nonetheless.” After the roundtable, Hajdu announced an additional $20 million in federal funding over four years for winter roads for northern First Nations in Ontario. This new funding supplements $7 million previously allocated to those communities to help address the challenges posed by shorter winter road seasons. Hajdu also announced the creation of “a Far North working committee with the province of Ontario and with communities that are represented by Nishnawbe Aski Nation and Matawa (First Nations)” to find short- and long-term solutions to First Nations’ winter roads challenges. “Canada is committed to provide the funding for this committee to be stood up, but also for our communities to have the capacity to participate if Ontario actually decides that they want to come to the committee and join.” Nishnawbe Aski Nation, which represents 49 First Nations across northern Ontario, declared a “winter roads state of emergency” in early February this year as warm winter weather gave northern reserves little to no winter road season. “I agree with the minister that this is an all-hands-on-deck moment, and I appreciate her willingness to sit at the table with us and act on these serious issues,” NAN Grand Chief Alvin Fiddler said in a news release issued Friday. “In addition to this funding, I am encouraged by the minister’s commitment to develop a First Nations-led road agency. We look forward to beginning this work with full engagement with First Nations communities.” Fiddler also said he was “disappointed that provincial political leaders were not here today. We are still in a state of emergency. Many of the issues we are discussing require the province to be at the table.”

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SAN DIEGO , Dec. 15, 2024 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of ASML Holding N.V. (NASDAQ: ASML) ordinary shares between January 24, 2024 and October 15, 2024 , all dates inclusive (the "Class Period"), have until Monday, January 13, 2025 to seek appointment as lead plaintiff of the ASML class action lawsuit. Captioned City of Hollywood Firefighters' Pension Fund v. ASML Holding N.V. , No. 24-cv-08664 (S.D.N.Y.), the ASML class action lawsuit charges ASML as well as certain of ASML's top current and former executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the ASML class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-asml-holding-n-v-class-action-lawsuit-asml.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com . CASE ALLEGATIONS : ASML develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. The ASML class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) the issues being faced by suppliers, like ASML, in the semiconductor industry were much more severe than defendants had indicated to investors; (ii) the pace of recovery of sales in the semiconductor industry was much slower than defendants had publicly acknowledged; and (iii) defendants had created the false impression that they possessed reliable information pertaining to customer demand and anticipated growth, while also downplaying risk from macroeconomic and industry fluctuations, as well as stronger regulations restricting the export of semiconductor technology, including the products that ASML sells. The ASML class action lawsuit further alleges that on October 15, 2024 , ASML announced that it: (i) recorded quarterly booking of only €2.63 billion – a 53% decline from €5.6 billion in the second quarter of 2024; (ii) expected full year 2025 net sales to be between €30 billion and €35 billion, in the lower half of ASML's initial range of between €30 billion and €40 billion; and (iii) materially reduced its gross margin target to between 51% and 53%, down from its prior guidance of between 54% and 56%. On this news, the price of ASML stock fell more than 16%, according to the complaint. Then, on October 16, 2024 , during the accompanying earnings call, the ASML class action lawsuit alleges that ASML's CFO, defendant Roger Dassen , attributed the poor bookings results to "a reflection of the slow recovery in the traditional [semiconductor] end markets as customers remain cautious in the current environment." Additionally, ASML's CEO, defendant Christophe Fouquet , admitted that the semiconductor industry "recovery will extend well into 2025," leading to "a reduced growth curve in 2025 and an . . . overall reduction of our lithography demand," according to the complaint. The ASML class action lawsuit alleges that on this news, the price of ASML stock fell more than 6%. THE LEAD PLAINTIFF PROCESS : The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired ASML ordinary shares during the Class Period to seek appointment as lead plaintiff in the ASML class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the ASML class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the ASML class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the ASML class action lawsuit. ABOUT ROBBINS GELLER : Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities- fraud .html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP J.C. Sanchez, Jennifer N. Caringal 655 W. Broadway, Suite 1900, San Diego, CA 92101 800-449-4900 info@rgrdlaw.com View original content to download multimedia: https://www.prnewswire.com/news-releases/asml-investor-alert-asml-holding-nv-investors-with-substantial-losses-have-opportunity-to-lead-shareholder-class-action-lawsuit-302331615.html SOURCE Robbins Geller Rudman & Dowd LLP

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GREEN LAKE, Wis. (AP) — A Wisconsin man who faked his own drowning this summer and left his wife and three children has been located in Eastern Europe and is communicating with law enforcement, but he has not committed to returning home, authorities said. Ryan Borgwardt began communicating with authorities Nov. 11, after they tracked him down, Green Lake County Sheriff Mark Podoll said Thursday. The sheriff showed a video that Borgwardt sent police that day from an undisclosed location. The sheriff said no charges have been filed and that he doesn't think they will be necessary while authorities “keep pulling at his heartstrings” to come home. Here are some things to know about Borgwardt and his disappearance: Borgwardt, who is in his mid-40s, lived with his wife and children in Watertown, a city of about 23,000 people northwest of Milwaukee that is known for its German heritage, parochial schools and two dams on the Rock River. The sheriff has said his department was told Aug. 12 that Borgwardt had not been heard from since the previous day, when he traveled about 50 miles (80 kilometers) from home to Green Lake to go kayaking. Borgwardt’s wife said he texted her at 10:49 p.m. to say he was heading to shore. Deputies found Borgwardt’s vehicle and trailer near Green Lake. His kayak was discovered on the lake, overturned and with a life jacket attached to it, in an area where the water is about 200 feet (60 meters) deep. An angler later found Borgwardt’s fishing rod. The search for his body continued for more than 50 days, with divers scouring the lake on several occasions. Clues — including that he reported his passport lost or stolen and obtained a new one a few months before he disappeared — led investigators to speculate that he made it appear that he had drowned to go meet a woman he had been communicating with in the Central Asian country of Uzbekistan. Podoll declined to comment when asked what he knew about the woman, but he said law enforcement contacted Borgwardt “through a female that spoke Russian.” His identity was confirmed through asking him questions that the sheriff said only Borgwardt would know and by a video he made and sent them Nov. 11. He has spoken with someone from the sheriff's department almost daily since. However Podoll said Thursday that Borgwardt's exact location in Eastern Europe was not known. Podoll said Chief Deputy Matt Vande Kolk has been the one communicating with Borgwardt and their conversations have all taken place via email. Vande Kolk told The Associated Press in an email Friday that authorities are trying to determine Borgwardt's exact location. But that might not be easy even with modern surveillance technology. Scott Shackelford, executive director of the Center for Applied Cybersecurity Research at Indiana University, said authorities should be able to locate Borgwardt through his device's internet protocol address, a unique number assigned to every device connected to the internet. But he said it's very easy to mask an IP address and make it appear as if the device is in one country when it's really in another. Software exists that can route your IP address across the globe, Shackelford said. Police may not have the expertise, the manpower or any interest in digging through multiple layers of cyber deception, he said. Wearing an orange T-shirt, Borgwardt, unsmiling, looks directly at the camera, apparently filmed on a cellphone. Borgwardt says he is in his apartment and briefly pans the camera, but mostly shows a door and bare walls. “I’m safe and secure, no problem,” he says. Borgwardt has told authorities he overturned his kayak on the lake, dumped his phone in it and paddled an inflatable boat to shore. He told authorities he chose Green Lake because it is Wisconsin's deepest at 237 feet (over 72 meters). He then rode an electric bike stashed by a boat launch about 70 miles (110 kilometers) through the night to Madison, the sheriff said. From there, by Borgwardt's account, he traveled by bus to Detroit and then Canada, where he boarded a plane. Police are still verifying Borgwardt’s description of what happened, Podoll said. Borgwardt faked his death and fled because of “personal matters,” thinking it was the right thing to do, the sheriff said. Investigators found that he took out a $375,000 life insurance policy in January for his family. “He was just going to try and make things better in his mind, and this was the way it was going to be,” Podoll said. Borgwardt has not yet decided to return home, and if he does it will be of his own free will, according to Podoll. Deputies are stressing to him the importance of returning home and cleaning up the mess he made. The sheriff suggested that Borgwardt could be charged with obstructing the investigation into his disappearance, but so far no counts have been filed. The search for Borgwardt, which lasted more than a month, is said to have cost at least $35,000. Borgwardt told authorities that he did not expect the search to last more than two weeks, Podoll said, and his biggest concern is how the community will react to him if he returns. This story was updated to correct the spelling of Scott Shackelford’s last name, which had been misspelled “Shackleford.” Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. 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Risk adjusted net present value: What is the current valuation of GSK’s GSK-3858279?

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