Khazen

Lebanese PM vows to tackle economic problems – Govt to be formed before Economic Arabic summit

  By: Simone Rensch — publicfinanceinternational.org — — The Lebanese prime minister-designate is “determined” to form a government and tackle the country’s economic issues amid political wrangling over cabinet seats. Politicians have been unable to form a government since the general election in May as rival parties have not been able to decide on cabinet positions. […]

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Netflix pulls episode of ‘Patriot Act with Hasan Minhaj’ after Saudi complaint

Hasan Minhaj By Saphora Smith –nbcnews — Netflix has removed a satirical comedy show from its service in Saudi Arabia following a complaint from authorities in Riyadh. The streaming service took down an episode of “Patriot Act with Hasan Minhaj” which was critical of the kingdom’s rulers following the killing of Washington Post journalist Jamal […]

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أبرز توقّعات ميشال حايك لعام 2019

Image result for michel hayek

كعادته كل سنة، أطلّ ميشال حايك عبر شاشة “MTV” هذه الليلة وأطلق مجموعة توقعات للعام الجديد.
فما هي توقّعاته للعام الجديد؟

إليكم أبرز توقعات ميشال حايك 2019 عن لبنان:
– زعماء مهددون بأمنهم الشخصي كرئيس الجمهورية ميشال عون ورئيس مجلس النواب نبيه بري والأمين العام لـ “حزب الله” حسن نصر الله ورئيس حزب “القوات اللبنانية” سمير جعجع وغيرهم يمشون في الشوارع والساحات.

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POLL: TWO THIRDS OF AMERICANS SUPPORT HUMAN GENE EDITING TO CURE DISEASE

by futurism.com — The majority of U.S. adults support human gene editing to protect babies against disease, according to a new poll. But they wouldn’t support gene edits that make babies smarter or taller, according to the new research by the Associated Press-NORC Center for Public Affairs Research, which polled about a thousand U.S. adults […]

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Amazon dominated retail in 2018 — and no one else even came close to touching it

by business-insider – Dennis Green– For retail in 2018, there was really only one word that was on everybody’s lips: Amazon. Just a mere mention of the online shopping giant sends other companies into a flurry of speculation — whether Amazon competes directly or not. It’s easy to see why: Amazon is seeing incredible growth […]

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Lebanese finance minister warns of financial crisis as political deadlock continues

By reuters — BEIRUT: Lebanon’s finance minister has said the heavily indebted country is in a state of economic crisis and warned it faces becoming a financial crisis, as politicians struggle to form a new government, state media reported. Nearly eight months since parliamentary elections, Prime Minister-designate Saad al-Hariri has been unable to bring Lebanon’s […]

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When to abandon your career plans?

While having a long-term career plan is important, there are times when a rethink might be needed. For instance, if your job is impacting your wellbeing or it no longer gives you a sense of pride, then it might be time to reassess. Your reputation is also a factor. If you find yourself developing a […]

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The Problem With Dominant Mark Zuckerberg Types

by bloomberg.com — by Chris Hughes — It irks investors in America, and now it’s irking them in Europe too. The U.S. stock market’s permissive attitude to initial public offerings that give founders super-voting rights is the subject of an international campaign. Rightly so. The U.S. new-issues market is the de facto standard setter for the rest of the world. Undemocratic voting structures are an unwelcome export. The “one-share, one-vote” principle is fair and gives outsiders some sway to hold management to account. True, Google parent Alphabet Inc.’s stock price has thrived with dual-class shares giving its founders control. But it’s the exception.

Shares in Snap Inc., Altice USA Inc. and Blue Apron Holdings Inc. have performed terribly since going public in 2017. The controversies swirling around Facebook Inc. raise questions about whether founder CEO and Chairman Mark Zuckerberg’s dominant position still benefits the company. Of course, no one is forcing investors to buy a stock with imbalanced voting arrangements. And removing super-votes would usually leave incumbent management with a controlling stake still. The tech companies argue that “founder control” supports long-term investment decisions. Index providers are creating separate indices that exclude stocks with bad voting structures. But academic research backs up fears that inequitable structures become a liability more often than not. It would be better if stock exchanges cleaned up the market overall.

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Carlos Ghosn’s Daughters See a Nissan Revolt Behind His Arrest — Pictures

Carlos Ghosn, the ousted chairman of Nissan, with his daughters Nadine, left, and Caroline. He also has another daughter, Maya, and a son, Anthony.CreditCreditGhosn Family

Mr. Ghosn in 1996 with, from left, Caroline, Anthony, Maya and Nadine. The family was living in Greenville, S.C., at the time, but the children consider Tokyo their hometown.CreditGhosn Family

Anthony, Nadine and Caroline, right, with their father in Tennessee in 2015. Referring to his life in a jail cell, Caroline Ghosn said, “Every detail we learn is heartbreaking.”CreditGhosn Family

by nytimes.com — By Amy Chozick —  The children of Carlos Ghosn, the jailed auto executive who oversaw an alliance that sold more than 10 million cars a year, believe accusations of financial misconduct against him are part of a revolt within Nissan against exploring a possible merger with Renault. Caroline Ghosn, the eldest of Mr. Ghosn’s four children, said that when she saw Hiroto Saikawa, the chief executive of Nissan, condemn her father during a televised news conference after his arrest, she suspected that Nissan’s investigation was rooted in opposition to proposed changes to the Nissan-Renault alliance and “the merger my dad was setting up.” “For Saikawa to so adamantly denounce someone who had been his mentor and then immediately without any benefit of the doubt condemns him?” Ms. Ghosn, 31, said in a phone interview. An entrepreneur, she had awakened hours before that briefing to the news that her father, who was Nissan’s chairman and Renault’s chief executive, had been arrested on suspicion of violating Japan’s financial reporting laws. She and her sister Maya Ghosn, 26, do not have direct knowledge of their father’s business discussions, but both said watching Mr. Saikawa address the national news media had cemented their belief that internal company dynamics were at play.

Mr. Saikawa told the reporters that one problem with the alliance was that “the top of Renault is concurrently serving as the top of Nissan with 43 percent of shares.” In the future, he said, the company would “look for a more sustainable structure.” “Wow,” Caroline Ghosn said. “He didn’t even waste a breath. He didn’t even try to cover up the fact that the merger had something to do with this.” Maya Ghosn, who works in philanthropy, agreed. As Mr. Saikawa was “talking about the alliance, it was clear to me that there was way more associated with it,” she said. “My gut reaction was that this was bigger than the accusations against my dad.” The interviews were the first time since the arrest that the sisters, now living in San Francisco, have spoken publicly about their father, who was deposed as chairman of the board of Nissan after creating an empire that included Nissan, Renault and Mitsubishi.

Mr. Ghosn, 64, was arrested on Nov. 19 as he arrived in Tokyo for a board meeting. He was later charged with underreporting his compensation for several years in securities filings and has been detained in Tokyo. Nissan’s internal investigation of what it calls “substantial and convincing evidence of misconduct” has taken on global dimensions, encompassing teams of compliance people who have tried to secure potential evidence at residences used by Mr. Ghosn, including an apartment in Rio de Janeiro. “Our own investigation is ongoing, and its scope continues to broaden,” the company said in a statement Friday, suggesting that Mr. Ghosn’s legal problems could deepen. His family maintains he is innocent. Like Mr. Ghosn, Greg Kelly, a Nissan board member, was indicted on financial misconduct changes. Nissan was indicted, too, and said it would review its compliance procedures. Asked to respond to the Ghosn daughters’ claims — that animosity about a potential merger drove Nissan’s investigation — Nicholas Maxfield, a company spokesman, said: “These claims are baseless. The family would never have had any reason to be privy to discussions related to the future of Nissan and the alliance.” “The cause of this chain of events is the misconduct led by Ghosn and Kelly,” Mr. Maxfield said. “During the company’s internal investigation into this misconduct, the prosecutor’s office began its own investigation and took action.” (Asked specifically whether a merger had been discussed, Mr. Maxfield said a previously announced six-year plan had called for “additional synergies and further convergence among the member companies.”)

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Another Career Milestone: Nadine Labaki is the First Arab Woman to Become Eligible for an Oscar

by abouther.com —Nadine Labaki recently became the first Arab female filmmaker to make an Oscars shortlist. Her film, “Capharnaüm,” was included in the list for the Best Foreign Language film category. While 87 countries submitted entries for the category, just nine films made the cut. And her feat could lead Labaki, who is also an […]

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