Coverage of the “flight” paths and playbooks of the Paris terrorists dominated the front pages all week following a raid on the “terror den” outside Paris, which killed the supposed mastermind, while another hostage situation place -- this time in the capital of Mali -- left 27 dead and many wounded amid reports that jihadists tied to al-Qaeda were responsible for the attack in Africa; in Europe and the US a backlash against Syrian refugees appears to be growing, while the entire conflict is making friends of unnatural enemies, namely Russia and Iran.
- Convicted US spy Jonathan Pollard was released from prison after a 30-year sentence;
- Stocks posted a very positive performance with the Dow advancing some 3.4 percent for the week to end Friday at 17,823;
- Square went public, priced low and then surged 45 percent in its first day of trading amid mixed signals about tech IPOs for the payments startup;
- Gawker will change focus to political news with early focus no doubt on the US elections;
- Conde Nast is shutting down Details, suggesting clearly that most men need little fashion advice; and
- Adele’s “25” dropped and did a lot of tears.
- Argentina on Sunday elects a new President, with Daniel Scioli (backed by the current regime) and Mauricio Macri (backed by the opposition) competing to succeed the incumbent, Cristina Kirchner; and
- Brazil reported 169,000 job closings during October, the worst print since 1992.
Written on November 23rd, 2015 by Mark Kollar
Categories: From the News
, Media Navel Gaze
, LatAm Gaze
, Mark Kollar
, Media Navel Gaze
Ramifications of last Friday’s events in Paris have dominated the British press this week. Senior police figures have questioned whether government spending cuts could seriously affect Britain’s ability to prevent and cope with a Paris-style terrorist attack. It is feared that lashing the forces’ budgets will make it harder for armed police to react quickly if terrorist gunmen bring urban warfare to British streets.
On Tuesday, England and France paid tribute to the 129 people killed in Friday's attacks in Paris at an international friendly at Wembley on Tuesday. A crowd of more than 70,000 sang La Marseillaise - the French national anthem - with the Duke of Cambridge and Prime Minister David Cameron present.
An overwhelming 98% of junior doctors voted in favour of a full strike in their dispute with ministers over a new contract. The planned strikes, set for three dates in December, are in response to contract changes proposed by Health Secretary Jeremy Hunt from the ruling Conservative Party. The proposals, published on 4th November, aim to cut back on the hours for which junior doctors can receive a premium pay rate. UK junior doctors last went on strike as a group in 1975, in relation to the non-payment of work done outside their standard 40-hour week — at the time, some doctors worked 100-hour weeks!
Apocalypse now – the end of the lad’s mag! Two of the UK’s premier (ehem) magazines aimed at over-charged teenage boys are to suspend publication. The closures of FHM and Zoo (I mean, really?) follow pressures from campaigners over the magazines' content, which was said to objectify women and promote misogyny.
“This is horror,” told French President Francois Hollande to his countrymen on TV Friday night as he declared a state of emergency in the nation and closed its borders. The quote was repeated in coverage throughout the weekend but was one that seemed actually to underestimate the devastation, loss and threat from the attack in Paris, where 132 died and more than 300 injured. ISIS reportedly claimed responsibility for the seven terrorist attacks in Paris, which incidentally all occurred in places of fun, sport and entertainment and most of the victims young; News coverage understandably focused on little else, with stories ranging from the “message” to the losses, plan and security concerns, among others. Hard to gaze on other topics but elsewhere:
- Jihadi John was reportedly killed in a drone strike;
- Russian track and field athletes were suspended from international competition amid allegations of doping;
- The General Counsel of Al Jazeera America was found to have no license to practice law, making the news agency potentially exposed in lawsuits;
- The Dow suffered losses most of the week, along with other global markets, sliding 3.7 percent to close Friday at 17,245, ending its recent six-straight weeks of advances;
- Macy’s reported a 5.2 percent drop in sales, spooking the market and retailers ahead of the holiday buying season; and
- Cheers! Anheuser-Busch InBev completes its acquisition of SABMiller.
- México's Central Bank continues to debate how to react to the Fed's potential rate increase while the latest report of the country's GDP by Mexico's statistics agency reported 2.5% growth through the year;
- Volatility in the Mexican peso continues as it appreciates to 16.7 pesos per dollar;
- Rumors persist in Brazil that President Roussef has agreed to remove Finance Minister Levy from his position;
- Chile's central bank held its key interest rate steady at 3.25% on Thursday, although a potential rate hike is likely in the next few months to tamp down high inflation.
At the 11th hour, on the 11th day, of the 11th month, the nation observed a 2 minute silence for Britain’s fallen soldiers. A ceremony was held at the Cenotaph in London, where amongst others, the politicians and Royals showed their respect by laying wreaths of poppies.
This week, the UK had another state visit, this time from the Indian Prime Minister, Narendra Modi. Modi spent 48 hours in the capital, meeting up with the Prime Minister, and finding the time to address 60,000 of his fans at Wembley this evening. However, not everyone was pleased about the visit. Modi was previously banned from the EU for over a decade, accused of condoning Hindu nationalist violence and a pogrom that resulted in the deaths of over 1000 Indian Muslims.
We had some movement on the UK’s EU reform negotiations this week as the Prime Minister, David Cameron sent a letter to Donald Tusk, the European Council President. The letter laid-out the Prime Ministers objectives for EU reform, however, Tusk has since said that goals will be “very, very tough” to meet. More news to follow...
Prosek's Month of Giving Competition Board
Prosek’s Month of Giving Yields Top Results for Employee Engagement
As people spend more time at work, what they look for in the workplace is evolving. Employees are seeking more than just a paycheck, they want a connection. Many times, this means a commitment to helping others.
A PriceWaterhouseCoopers survey found that 88% of millennials seek employers whose Corporate Social Responsibility values match with theirs and that 86% would consider leaving their employers if they lacked the right CSR and philanthropic values.
Fortune highlights that many of the companies on its 100 Best Companies to Work For list have invested resources into ensuring employees have paid time off to volunteer and weaving community service components into their staff activities.
As corporate giving and volunteer initiatives become more prominent, companies are approaching philanthropy in different ways. Sometimes they choose charities that align with their business, but many times these initiatives stem from the interests of employees.
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