Connect with us

Investment

Total Beats Earnings Estimates, Boosts Renewables Investment – Yahoo Canada Finance

Published

 on


The Canadian Press

Polish pride, free speech at stake in Holocaust libel case

WARSAW, Poland — A Warsaw court is due to deliver a verdict Tuesday in a closely watched libel case in which one side sees Polish national pride at stake and the other the future independence of Holocaust research. Two prominent Polish scholars, Barbara Engelking and Jan Grabowski, are being sued by the 81-year-old niece of a wartime village elder who argues a book they co-edited defames her deceased uncle’s memory by suggesting he had a role in the death of Jews. The uncle is mentioned in a brief passage of a 1,600-page historical work, “Night Without End: The Fate of Jews in Selected Counties of Occupied Poland.” The woman, Filomena Leszczynska, is backed by the Polish League Against Defamation, a group that fights harmful and untruthful depictions of Poland. It argues the woman’s uncle, Edward Malinowski, was a hero who helped save Jews during World War II and accuses the scholars of research errors that resulted in Malinowski appearing as someone who betrayed Jews to the Germans. Malinowski was acquitted in 1950 of being an accomplice to the killing by Germans of 18 Jews in a forest near the village of Malinowo in 1943. The anti-defamation group says the authors slandered an innocent man and deprived the niece of her rights, including the right to pride and national identity. The plaintiffs are suing Grabowski and Engelking for 100,000 zlotys ($27,000) in damages and a published apology. Grabowski, a Polish-Canadian history professor at the University of Ottawa, and Engelking, founder and director of the Polish Center for Holocaust Research in Warsaw, are among Poland’s most prominent Holocaust researchers. They were among several who researched and wrote parts of the two-volume work. They view the case as an attempt to discredit their overall findings and discourage other researchers from investigating the truth about Polish involvement in the German mass murder of Jews. The plaintiffs’ lawyer, Monika Brzozowska-Pasieka, denied there was any attempt to stifle research or speech. She said it was a civil case brought by people who feel they or their families have been defamed. “The ruling will determine whether the researchers properly examined the sources, made a correct assessment of these sources and applied an appropriate research methodology,” Brzozowska-Pasieka said in a statement to The Associated Press. Poland was occupied by Nazi Germany during the war and its population subjected to mass murder and slave labour. While 3 million of the country’s 3.3 million Jews died, so did more than 2 million mostly Christian Poles. Poles resisted the Nazis at home and abroad and never collaborated as a state with the Third Reich. Thousands of Poles have been recognized by Yad Vashem in Israel for risking their own lives to save Jews. Yet amid the more than five years of occupation, there were also some Poles who betrayed Jews to the Germans. The topic was taboo during the communist era and each new revelation of Polish wrongdoing in recent years has sparked a backlash. The libel case has raised concerns internationally because it comes amid a broader state-backed historical offensive. Last week, a journalist, Katarzyna Markusz, was questioned by police on suspicions she slandered the Polish nation, a crime with a penalty of up to three years in prison, for an article that mentioned “Polish participation in the Holocaust.” Jewish leaders in Poland issued a statement Monday saying they have seen an intensification of attempts to “repress historians and journalists … who are trying to honestly present the fate of Polish Jews under the occupation.” Poland’s conservative authorities don’t deny that some Poles harmed Jews, but they believe the focus on Polish wrongdoing obscures the fact that most of these killings occurred under German orders and terror. The government’s pushback against what it calls a “pedagogy of shame” is popular with many Poles. The Polish League Against Defamation is ideologically aligned with the country’s ruling party, and the scholars see that as an indication the case is part of a government-backed effort to promote its historical narrative. “Night Without End” focuses of the fates of Jews who escaped as the Nazis were “liquidating” ghettos and sending inhabitants to extermination camps. It documents cases of Jews who tried to hide, with those who survived doing so thanks to the help of Poles. It also presents extensive evidence of individual Poles who collaborated in betraying Jews to the Nazis. At the centre of the case is testimony given in 1996 by a Jewish woman, born Estera Siemiatycka, to the USC Shoah Foundation, a Los Angeles-based group that collects Holocaust-era oral histories. When she spoke, she had changed her name to Maria Wiltgren. Wiltgren, who is no longer alive, described Malinowski, the elder of the village of Malinowo, as someone who helped her to survive under an assumed “Aryan” identity by putting her in a group of Poles sent to work in Germany after she had purchased false papers. But she also said he cheated her out of money and possessions. Two of her sons testified that she considered him a “bad man.” The book states that Wiltgren “realized that he was an accomplice in the deaths of several dozen Jews who had been hiding in the woods and had been turned over to the Germans, yet she gave false testimony in his defence at his trial after the war.” Engelking, who wrote the chapter, acknowledged one error. In the book she mentioned that when Wiltgren was in Germany during the war, she traded with Malinowski. The book didn’t make clear that was a different man with the same name. Engelking argued the mistake had no bearing on the larger question of the village elder’s behaviour toward Jews. The plaintiff’s lawyer, Brzozowska-Pasieka, also pointed to other details that she believes the authors got wrong, including the discrepancy between 18 Jews killed and Engelking’s reference to several dozen deaths. Engelking says she believes they aren’t major issues, and they mean her critics could find no other real fault in the book. ___ Associated Press researcher Randy Herschaft in New York, and AP writer Monika Scislowska in Warsaw, contributed to this report. Vanessa Gera, The Associated Press

Let’s block ads! (Why?)



Source link

Continue Reading

Investment

RBC Dominion Securities fined $350K for supervisory failings – Investment Executive

Published

 on


The friend — referred to as SC — acted as SK’s accountant and had trading authority over SK’s accounts. According to IIROC, Benson placed undue reliance on communications with SC as SK’s trading authority, rather than ensuring the account parameters were appropriate for SK.

SC went on to open margin accounts at RBC DS for himself and his spouse. The margin accounts were guaranteed by SKL, a business owned by SK that had a corporate account with RBC DS.

As with SK’s accounts, SC was the sole trading authority for SKL. SC signed the guarantees for his and his spouse’s margin accounts on behalf of SKL — representing a conflict of interest that Benson failed to address, IIROC noted.

“Benson did not take adequate steps to ensure that SK understood the nature, significance, and financial implications of the guarantees, and RBC DS failed to sufficiently supervise Benson in regard to confirming the extent of her direct communication with SK,” the settlement agreement read.

The use of margin in SC’s and his spouse’s accounts was several times their stated net worth, according to IIROC. SC’s most heavily traded account was almost always in a negative equity position, and his spouse’s account was always in a negative equity position.

When RBC DS inquired about the spouse’s account, Benson adjusted the spouse’s investment knowledge upward on a KYC form without undertaking the due diligence to support such a change, according to IIROC.

Following SK’s death in October 2014, SC began transferring money from SKL to his and his spouse’s margin accounts, beginning in December 2014. RBC DS approved three transfers totalling more than $3 million following discussions with Benson. The transfers amounted to “a substantial part of the assets of SKL,” according to the agreement.

Although Benson became aware of SK’s death shortly after it happened, she didn’t inform RBC DS of her client’s death until January 2015. When the transfers were approved, RBC DS had not been provided a copy of SK’s will or received instructions from SK’s estate trustees.

RBC DS did arrange a meeting with SK’s estate trustees and alerted them to the transfers from the SKL account. RBC DS also made a voluntary payment of $500,000 to SKL. IIROC considered both of these actions to be mitigating factors.

Nonetheless, IIROC said RBC DS “placed undue reliance on Benson’s representations regarding her knowledge and discussions with the clients at issue, when heightened supervision or direct contact with clients was required.”

In addition to a $350,000 fine, RBC DS agreed to pay $50,000 in costs.

In a separate settlement hearing, Benson agreed to a $30,000 fine and a five-year suspension from IIROC. She also agreed to pay $10,000 in costs. Benson retired from RBC DS in March 2016 and is no longer a registered representative.

Adblock test (Why?)



Source link

Continue Reading

Investment

RBC GAM names new global infrastructure head – Investment Executive

Published

 on


First-ever G-Corp lists on NEO Exchange

Canaccord Genuity G Ventures Corp. will focus on acquisitions in the mid-cap space

  • By: IE Staff
  • July 26, 2021
    July 26, 2021
  • 11:59

Richardson Wealth adds to tax and estate planning team

The firm announced three new hires in its Western offices

  • By: IE Staff
  • July 26, 2021
    July 26, 2021
  • 11:03

Yellen outlines to Congress emergency measures on debt limit

The measures would seek to avoid an unprecedented default on U.S. national debt

TD issuing $1.75B in LRCNs

The notes will bear interest of 3.6% annually for the first five years

  • By: IE Staff
  • July 23, 2021
    July 23, 2021
  • 10:39

Adblock test (Why?)



Source link

Continue Reading

Investment

Euro Manganese Announces the Second Tranche of EIT InnoEnergy's Investment – Financial Post

Published

 on


Highlights:

  • The Company has received a second tranche of investment from EIT InnoEnergy of €125,000, bringing the EU-backed body’s investment to date to €187,500.
  • The aggregate investment from EIT InnoEnergy is intended to be €250,000 and will help accelerate the Chvaletice Manganese Project’s successful integration into Europe’s electric vehicle (EV) battery value chain.

VANCOUVER, British Columbia, July 27, 2021 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF) (the “Company” or “EMN“) is pleased to announce the receipt of a second investment tranche from EIT InnoEnergy amounting to €125,000 (CAD$185,162).

Pursuant to the terms of a Project Support Agreement entered into by the Company and EIT InnoEnergy (the “Agreement“), announced on February 22, 2021, the Company is to receive a three-tranche investment having an aggregate value of €250,000. The funds are being used to support ongoing work on the Chvaletice Manganese Project’s (the “Project”) definitive feasibility study and on the Chvaletice demonstration plant, which is intended to produce large-scale samples of high-purity manganese for supply chain qualification by prospective customers, including European electric vehicle makers and battery manufacturers.

EIT InnoEnergy is a Knowledge and Innovation Community supported by the European Institute of Innovation and Technology. It leads the industrial stream of the European Battery Alliance, an initiative launched by The European Commission in October 2017 with the objective to build a strong and competitive battery industry in Europe. The support of EIT InnoEnergy, which also includes assistance in securing financing and offtake agreements, is intended to help accelerate the Project’s successful integration into Europe’s electric vehicle (EV) battery value chain.

The first EIT InnoEnergy investment tranche of €62,500 (CAD$92,850) was advanced to the Company on March 24, 2021, for which the Company will issue 147,380 common shares (“Shares“) at the price of CAD$0.63 per Share (refer to EMN news release dated March 30, 2021). The second investment tranche of €125,000 (CAD$185,162) was advanced to the Company on July 26, 2021. Accordingly, the Company will issue an additional 330,647 Shares to EIT InnoEnergy at the price of CAD$0.56 per Share being the 10-day volume weighted average stock price on the TSX Venture Exchange (“TSXV“) prior to receipt of the second investment tranche. This brings EIT InnoEnergy’s total investment to date to €187,500 (CAD$278,012). The issuance of the 478,027 Shares is not expected to occur until early January 2022 and remains subject to the approval of the TSXV. In accordance with Canadian securities laws and policies of the TSXV, Shares issued to EIT pursuant to the Agreement will be subject to a four month and one day statutory hold from their date of issuance.

For more information about EIT InnoEnergy’s support of the Chvaletice Manganese Project, see EMN’s news release dated February 22, 2021.

About Euro Manganese Inc.

Euro Manganese Inc. is a battery materials company whose principal focus is advancing the development of the Chvaletice Manganese Project, in which it holds a 100% interest. The proposed Project entails re-processing a significant manganese deposit hosted in mine tailings from a decommissioned mine, strategically located in the Czech Republic. The Company’s goal is to become a leading, competitive and environmentally superior primary producer of ultra-high-purity Manganese Products in the heart of Europe, serving the lithium-ion battery industry, as well as other high-technology applications.

Authorized for release by the CEO of Euro Manganese Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), or the ASX accepts responsibility for the adequacy or accuracy of this release.

Contact:
Marco A. Romero Fausto Taddei
President & CEO Vice President, Corporate Development
+1 (604)-681-1010 ext. 101 & Corporate Secretary +1 (604)-681-1010 ext. 105
Media Inquiries:
Ron Shewchuk
Director of Communications
+1 604-781-2199
E-mail: info@mn25.ca
Website: www.mn25.ca
Company address:
#709 -700 West Pender St.
Vancouver, British Columbia, Canada, V6C 1G8

Forward Looking Statements

Certain statements in this news release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company or the Project to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as “may”, “would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

Such forward-looking information or statements relate to future events or future performance about the Company and its business and operations, which include, among other things, the use of proceeds of the funds advanced by EIT, receipt of additional funding from EIT, TSXV approval for the issuance of Shares to EIT, the completion and timing of the definitive feasibility study, the timing of the delivery and operation of the demonstration plant, and other statements with respect to the continued development of the Chvaletice Manganese Project.

Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to, the factors discussed under “Risks Notice” and elsewhere in the Company’s MD&A for the year ended September 30, 2020 and its most recent Annual Information Form.

The forward-looking statements contained in this news release are made as of the date hereof and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

Primary Logo

Adblock test (Why?)



Source link

Continue Reading

Trending