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NetEnt agrees £220m acquisition of Red Tiger Gaming

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first_img NetEnt agrees £220m acquisition of Red Tiger Gaming Stockholm-listed casino games developer NetEnt has agreed the first acquisition in its history, with a deal to take control of slot specialist Red Tiger Gaming worth up to £220m. Tags: Mobile Online Gambling Slot Machines Stockholm-listed casino games developer NetEnt has agreed the first acquisition in its history, with a deal to take control of slot specialist Red Tiger Gaming worth up to £220m (€245.3m/$271.4m).NetEnt will acquire Red Tiger in an all-cash deal, with an initial enterprise value of approximately £197m, followed by an earn out of up to £23m to be paid by 2022.“I am very pleased to welcome Red Tiger into the NetEnt Group,” NetEnt chief executive Therese Hillman (pictured) said. “The acquisition combines two of the leading and most innovative companies in the online gaming industry.“We look forward to working with Red Tiger’s fantastic team to enhance our combined global reach and to offer further value to operators and players. The transaction will provide significant revenue synergies across our markets worldwide.”Founded in 2014 by the team behind Cayetano Gaming, Red Tiger has quickly established itself as a leading supplier in the industry, with its Daily Jackpots feature in particular proving a huge hit with players. The company has approximately 170 employees, with operations in Malta, the Isle of Man and Bulgaria.Red Tiger chief executive Gavin Hamilton said: “This is an exciting new stage of the Red Tiger story and we are delighted to become part of the NetEnt group. Accessing NetEnt’s unparalleled distribution network and geographic footprint will unlock new opportunities for Red Tiger and will further accelerate our growth.“At Red Tiger we’ll remain focused as always on driving further innovation and we are looking forward to working with NetEnt on how to leverage our combined capabilities to create new products that wow our customers.”NetEnt will pay an initial £197m for 100% of shares in the business, and a further £23m may be payable in 2022, based on Red Tiger’s financial performance over the coming two years, for a maximum enterprise value of £223m. This represents a multiple of 12 times the supplier’s earnings before interest, taxes, depreciation and amortization (EBITDA) for 2019, which is projected to reach £18m.As a result of the acquisition, NetEnt said, it would incur approximately SEK55m in transaction- and financing-related costs. The deal is being financed primarily through new debt facilities provided by Danske Bank and Nordea.Lazard acted as financial advisor to NetEnt in relation to the transaction, with Cirio Advokatbyrå serving as legal advisor. Subscribe to the iGaming newsletter Email Addresscenter_img 5th September 2019 | By contenteditor Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Strategy Slotslast_img read more

United Investments Limited (UTIN.mu) Q12015 Interim Report

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first_imgUnited Investments Limited (UTIN.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2015 interim results for the first quarter.For more information about United Investments Limited (UTIN.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the United Investments Limited (UTIN.mu) company page on AfricanFinancials.Document: United Investments Limited (UTIN.mu)  2015 interim results for the first quarter.Company ProfileUnited Investments Limited is an investment holding company that specialises in investment management in Mauritius. In addition, the company also engages in the manufacture and sale of fertilizers and liquid fertilizers, sale of other agricultural products, industrial and agricultural machinery, rental of agricultural equipment, as well as in fishing and seafood distribution activities. United Investments Limited is listed on the Stock Exchange of Mauritius.last_img read more

Forget the Cash ISA! I’d buy Tesco shares to get rich

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first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Rupert Hargreaves | Sunday, 14th June, 2020 | More on: TSCO Our 6 ‘Best Buys Now’ Shares Cash ISAs are often the first place new investors look when they are uncertain about the future of the stock market. However in recent weeks, the interest rates available on these products have plunged. Therefore, buying FTSE 100 stocks such as Tesco (LSE: TSCO) may be a better alternative for investors over the long term.Tesco shares offer inflation protectionCash ISAs might seem to offer less risk than FTSE 100 shares, but owning cash has one main drawback. It provides almost no protection against inflation.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…For example, over the past decade, the Bank of England has kept interest rates below 1%. Inflation has averaged more than 2% during this period.That suggests that the purchasing power of cash in savings accounts has declined steadily since 2008. In comparison, FTSE 100 shares have returned 6% per annum for the past decade.Unfortunately, Tesco shares have underperformed in this period. The stock has returned -2.7% per annum for the past 10 years. However, that may be about to change.The past decade includes one of the most turbulent periods in the company’s history, the 2014 accounting scandal. Tesco has now put this crisis behind it and is pushing ahead with new growth initiatives.These initiatives should help power the company’s bottom line higher over the long term. What’s more, Tesco should be able to increase the prices in its stores in line with inflation. This implies that the group’s earnings should grow in line with or slightly higher than inflation over the long run, which should translate into a positive performance for Tesco shares. Defensive qualitiesThe group’s defensive nature should also help Tesco shares outperform going forward. As many companies have struggled in the coronavirus crisis, Tesco has prospered.Sales have boomed, and while the company has had to invest money to cope with demand, initial projections suggest that the increase in sales will offset these higher costs for the year.Government efforts to stimulate the economy through the coronavirus crisis, such as the suspension of business rates and other tax incentives, will also help the group’s bottom line this year, although these tailwinds are only expected to be temporary.Nevertheless, Tesco is so confident in its outlook that it recently confirmed that it would be maintaining its dividend this year. That’s a luxury few other companies can afford right now.At the time of writing, Tesco shares support a dividend yield of 4.1%. The business has a long track record of above-inflation dividend increases.Furthermore, with the FTSE 100 stock trading 26% lower than it was at the start of the year, it appears to offer a wide margin of safety.As such, while Tesco shares might not deliver tremendous capital gains in the short term, they appear to have the capacity to deliver above-inflation returns, with both income and capital growth over the coming years. “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Forget the Cash ISA! I’d buy Tesco shares to get rich Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Tesco. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address See all posts by Rupert Hargreaveslast_img read more

My #1 investment after the stock market crash

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first_img Image source: Getty Images There are few companies that weathered March’s stock market crash as well as Games Workshop (LSE: GAW).  The FTSE 250 company was trading at around £70 per share at the end of February 2020, before plummeting to £35.90 on March 19th. By the start of June, it was averaging £80 as if nothing had ever happened.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Now, its share price is hovering around £105 per share. This is up 193% from March 19th – and up 1,804% compared to mid-October five years ago!This incredible growth and resilience is why Games Workshop is currently my number one post-stock market crash investment, in more ways than one.Buying Games Workshop nowGames Workshop’s share price might look like it’s peaking, but I think there is a lot to suggest that the company will continue to grow for a while yet.Firstly, despite March’s stock market crash and the closure of its physical stores from then until early summer, Games Workshop secured a £45m profit in the three months leading up to August 30th. This was £17m more than the same period last year, and “ahead of the Board’s expectations”. The company also seems confident in its own growth. Not only did its CEO, Kevin Rountree, purchase new shares at the end of September, but he called 2020 “the best year in Games Workshop’s history, so far”. Emphasis on the conviction with which he added “so far”. Finally, its long-term outlook as a whole excites me. Games like Warhammer have a committed, stable audience that is constantly expanding. Beyond that, opportunities for TV, film and video game adaptations of its products would secure the company massive royalty payments, while simultaneously advertising its products to potential new consumers. Harvey Jones agrees that these long-term benefits make Games Workshop a worthy investment.Playing the lockdown gameWith Keir Starmer and SAGE calling for a ‘circuit breaker’ and cases of Covid-19 rising dramatically in the UK, another national lockdown is looking more and more likely.While the financial impact probably won’t be as great this time around, share prices will still inevitably drop across the board, with a second stock market crash certainly not impossible. I believe that investing in Games Workshop upon that second crash could be a great way to attain valuable shares at a low price.As mentioned above, it took the company just two months to recover from March’s crash. This was down to the strength of its online channel, with customers seeking to entertain themselves while stuck at home. Chances are, a second lockdown would cause a similar spike in online sales, and should this be even half as impactful this time around, you’d still almost double your investment (plus dividends) within about six months.For balance, he might not be as convinced by the long-term future of Games Workshop, but Paul Summers agrees that another stock market crash would make the company an interesting opportunity.While a re-evaluation of its share price could interfere with growth a few years down the line (its shares are currently trading at almost 50 times the company’s earnings), I still think Games Workshop is one of the most promising investments out there at the moment, whether you trust its continued growth, or wait for another stock market crash. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Dan Peeke has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! Simply click below to discover how you can take advantage of this. Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Dan Peeke | Monday, 19th October, 2020 | More on: GAW center_img Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. The high-calibre small-cap stock flying under the City’s radar Enter Your Email Address My #1 investment after the stock market crash See all posts by Dan Peekelast_img read more

The Rolls-Royce share price has doubled in 3 weeks. Would I still buy?

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first_img Enter Your Email Address Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! The Rolls-Royce (LSE: RR) share price hit a 17-year low of 113.6p just three weeks ago. In an article at the time, I explained why I saw it as a contrarian investment opportunity.Since then, the share price has doubled. In fact, more than doubled. At 240p, as I’m writing, it’s up 111%. Would I still buy the stock at this price? Or is it a better idea to cash out and bank a profit?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Rights issueOn 30 September, Rolls-Royce shares closed at a price of 130p. The following day, the company announced its intention to do a 10-for-3 rights issue at 32p a share to raise approximately £2bn. This is subject to approval by shareholders at a meeting tomorrow (27 October), but I expect it to receive overwhelming support.What the rights issue means is that anybody already owning the shares or buying them before the ex-rights date (Wednesday 28 October) will be entitled to buy 10 shares at 32p each for every three they hold.The £2bn raised will strengthen Rolls-Royce’s balance sheet. It will help it “weather macro-economic risks”, including what management calls any “reasonable worst case scenario”, before “we return to strong cash generation, expected in 2022”.The market was initially unimpressed and the shares hit that 17-year low of 113.6p.Why I liked the Rolls-Royce share price at 113.6pIf you bought at 113.6p and took up your 32p 10-for-3 rights entitlement, the average buy price for all your shares would be around 51p. This is actually what the market — at the time — was pricing the shares to trade at ex-rights. It’s known as the theoretical ex-rights price (TERP).I felt the 51p TERP was far too cheap, particularly with Rolls-Royce’s strengthened balance sheet.I wrote: “The company is targeting FCF [free cash flow] of at least £750m as early as 2022. According to my sums, based on the post-rights issue number of shares, this equates to 9p a share FCF. At the aforementioned average 51p buy price, the FCF yield is a highly attractive 17.6%”.I didn’t think the market would come round to my way of looking at the company as quickly as it has. If I’d followed my own advice and bought at 113.6p (sadly I didn’t), I’d be quite happy to forego my rights entitlement and bank a quick 111% profit on my 113.6p-a-share buys at the current 240p price.Expect the Rolls-Royce share price to plungeBuyers of Rolls-Royce shares on the ex-rights date and beyond will no longer have the valuable entitlement to buy 10 shares at the discount price of 32p for every three they own. As such, expect the Rolls-Royce’s share price to plunge on the ex-rights date. The TERP at the current 240p price is 80p.Is there still value in buying the stock at 240p today and taking up the rights for an average buy price of 80p? Well, at 80p, the FCF yield is down to 11.25%, compared with 17.6% when I rated the stock a buy. On balance, I feel inclined to avoid Rolls-Royce at this stage and await developments after the rights issue has played out. Image source: Getty Images. Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today… There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Sharescenter_img G A Chester has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The Rolls-Royce share price has doubled in 3 weeks. Would I still buy? Simply click below to discover how you can take advantage of this. G A Chester | Monday, 26th October, 2020 | More on: RR I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by G A Chesterlast_img read more

Honoring Harriet Tubman included in NYC women’s coalition month of events

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first_imgBy Dolores Cox and Sara FloundersNew York — The International Working Women’s Day Coalition, an alliance of community-based women’s organizations that has organized events for the past eight years, has announced plans for women’s events in Manhattan, Harlem, Brooklyn and the Bronx to celebrate women’s struggles — with a major focus on honoring the legacy of anti-slavery freedom fighter Harriet Tubman, who died 100 years ago on March 10. All events are open to the media and are free.Monica Moorehead, from the Women’s Fightback Network and one of three coordinators of the coalition, told WW: “International Working Women’s Day, March 8, and the entire month of March provide important opportunities to reflect on the inspiring roles that women have played in movements for social justice. Just as importantly, we will show that the challenges for women come in all forms as the capitalist economic crisis intensifies. The motto for our coalition is ‘Every issue is a woman’s issue,’ which means we have the right to housing, education and health care; child care, food, union-paying jobs or a livable income; and not mass incarceration, violence, war and occupation.”Brenda Stokely of the Million Worker March Movement and a coalition coordinator described the significance of focusing on Harriet Tubman: “Our focus on Harriet Tubman is because she dedicated her life to struggle, to fighting the brutal, vicious system of slavery. She accomplished her own freedom and the freedom of hundreds of others in life threatening situations. And she did it with less tools than we have today. We should dedicate ourselves to claiming power in this country and to fundamentally changing the economic, political and social system that destroys the lives of so many. We need to focus on women’s involvement 365 days a year, especially to get women to understand their role in changing society.”Irma Bajar, of FiRE — Filipinas for Rights & Empowerment, the vice-chair of International Relations of GABRIELA USA and another coordinator of the IWWD Coalition, explained, “The International Working Women’s Coalition has been a growing coalition for the past eight years that recognizes that the crisis of capitalism and imperialism is the root cause of the critical issues that weigh heavily on women here in New York City and all over the globe, thus creating an inclusive space that encourages women, LGBT folks, community and our allies to unite, resist and fight back to build the women’s movement here in the belly of the beast.”The schedule is as follows:MARCH 9, Saturday11:30 a.m. in Manhattan23-29 Washington PlaceSpeak Out & Vigil on the theme “Every issue is a woman’s issue” at the Triangle Shirtwaist Memorial, where in 1911 women workers died in a factory fire.1 p.m. March & Rally — the Coalition contingent will join a rally called by Women Organized to Resist and Defend (WORD) in Washington Square ParkMARCH 10, SundayHonoring the Warrior Spirit of Harriet TubmanWorship Service 11 a.m. to 1 p.m.1:30 p.m. — Short film and discussionAfrican Methodist Episcopal Zion Church on the Hill, 975 Saint Nicholas Ave.Info: 212-650-5008 Asantewaa Harris at City College of N.Y.MARCH 16, Saturday1 to 4 p.m.Boys and Girls High School at 1700 Fulton St., BrooklynVideos and readings on Harriet Tubman, along with artwork and poetry, followed by a communal meal. Program co-sponsored by the CARE Center, a youth program.March 24, Sunday3 p.m.Bronx Art Space Gallery at 305 E. 140 St. at Alexander Avenue, the BronxVignettes on Harriet Tubman, in Spanish and English, along with artwork and more. This program is co-sponsored by Women Workers for Peace and La Peña del Bronx.For more information on all of these events, go to iacenter.org or Facebook at International Working Women’s Day Coalition.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Justice for Mario Romero, killed by cops

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first_imgMario Romero supporters rally.WW photo: Terri KayVallejo, Calif. — The Justice for Mario Romero Coalition held a rally on May 8 at the steps of Vallejo City Hall calling for a federal investigation by the U.S. Attorney General into the Vallejo Police Department. More than 50 individuals held signs to protest police bullying, discrimination and ­terror.Also participating were members of the Oscar Grant Committee, the National Committee to Prevent Police Brutality, the Anti-Police Terror Project and the Alan Blueford Center for Justice. They came to support the Romero family, but also to call for accountability and investigations of police violence.On Sept. 2, 2012, Mario Romero, 23, and Joseph Johnson, 21, were sitting in Romero’s parked car in front of his home in Vallejo, when they were gunned down by police officers Dustin B. Joseph and Sean Kenney. The Solano County coroner said Romero was shot 30 times. Johnson was also shot and wounded.Both police officers involved had been cited for violence in the past: Kenney had been named in several fatal shootings and excessive force complaints, and many complaints had cited Joseph for abusive behavior.The Solano County District Attorney’s Office announced on June 12, 2013, that the police acted in self-defense. However, Cyndi Mitchell, Romero’s sister, has strongly asserted that her brother had never gotten out of the car and that the evidence showed he had his hands up when he was shot.The Facebook page for “California for the Rich Only??? Community Includes Everyone,” states the protest demands, which include that “criminal charges be filed against Sean Kenney and Dustin Joseph for the murder of Mario Romero,” that drug testing be enforced for all Vallejo police officers … and that there must be “an end to criminalization of homeless and disabled individuals and protections against [police] terror.”Seniors at the rally also called for the return of a pool table taken from the Florence Douglas Senior Center. It had been removed by the administrators, in what is characterized as a racist maneuver, one intended to push African-American seniors out of the facility.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Two state media employees killed in past five days

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first_imgNews News February 15, 2021 Find out more December 28, 2020 Find out more RSF_en Help by sharing this information Follow the news on Iraq November 27, 2006 – Updated on January 20, 2016 Two state media employees killed in past five days Reporters Without Borders today condemned the murders of two employees of the state-owned Iraqi Media Network (IMN) in the past five days. Raad Jaafar Hamadi, a journalist with the daily Al Sabah, was killed on 22 November in Baghdad. Fadhila Abdelkarim, a member of the administrative staff of the local TV station Nainawa, was killed yesterday in Mosul (370 km north of Baghdad).“Journalists and other employees of the Iraqi public media, including the Al Iraqiya TV station, are often the victims of violence by people hostile to the government,” the press freedom organisation said. “The main communication tool of the Iraqi authorities, these media are seen as government mouthpieces and have suffered a heavier toll in casualties that the other media since the start of the war.”Hamadi was killed in the east Baghdad neighbourhood of Al-Washash when his car was fired on by four gunmen in another vehicle, which immediately took off. Abdelkarim was shot dead by gunmen outside his home in the Al-Wahda district of Mosul, Iraq’s most dangerous city for the media after Baghdad.Iraq’s biggest media group with more than 3,000 employees, the IMN was created by the coalition forces after taking Baghdad in 2003. Many journalists working for the IMN have received threatening letters telling them to quit.A total of 137 journalists and media assistants have been killed in Iraq since the start of the war in 2003, while 51 have been kidnapped. Four of the kidnap victims are still being held hostage. Receive email alerts to go furthercenter_img IraqMiddle East – North Africa Organisation News Three jailed reporters charged with “undermining national security” December 16, 2020 Find out more IraqMiddle East – North Africa RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” Iraq : Wave of arrests of journalists covering protests in Iraqi Kurdistan Newslast_img read more

Laws on defamation and computer crimes used to deter reporting

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first_img Covid-19 emergency laws spell disaster for press freedom News Follow the news on Thailand A senior member of the Foreign Correspondents’ Club of Thailand (FCCT), Head was formally charged on 23 February as a result of a defamation suit brought by Thai lawyer Pratuan Thanarak. The alleged fraud’s victim, British resident Ian Rance, is also charged with criminal defamation although none of his comments in the story and accompanying video concerned Pratuan.“Thailand’s laws on defamation and computer crimes are used to persecute journalists and bloggers, many of whom have been forced to leave the country because these laws are so draconian,” said Benjamin Ismaïl, the head of RSF’s Asia-Pacific desk.“Legal defence costs are exorbitant or even prohibitive, especially for freelancers and bloggers. And journalists have no hope of ever being compensated, even when they demonstrate that the allegations brought against them are completely spurious.“The defamation laws and the Computer Crimes Act must be amended or repealed as a matter of urgency because they allow the targets of serious investigative reporting to gag the media at little cost and with no real grounds other than their dislike of the coverage. We call for withdrawal of the charges against Jonathan Head.”Foreigners accused of criminal defamation or violating the Computer Crimes Act are subjected to severe formalities and restrictions. They must surrender their passports and are stripped of their visas and work permits after their current visas run out, before any court verdict. Trials can drag on for years and, in the meantime, foreign defendants have to submit a succession of 30 and 60-day visa applications. This will require Jonathan Head to travel to Phuket to retrieve his passport, and then return it, for each renewal.RSF is also concerned about the local and foreign media’s ability to cover the case freely. In a statement posted on its website, the FCCT said its members were “constrained in what can be said” about the case because of Thailand’s contempt of court laws. Journalists covering trials in Thailand often censor themselves out of fear of being accused of contempt of court, a charge that carries a possible seven-year jail sentence.Defamation prosecutions are often brought against investigative journalists in Thailand. Last November, RSF asked a Bangkok criminal court to reject a complaint bought by a mining company against Thai Public Broadcasting Service (Thai PBS) and four of its employees. Journalists Alan Morison and Chutima SIdasathian, as well as blogger and Human RIghts activist Andy Hall were also accused of criminal defamaton.Thailand is ranked 136th out of 180 countries in RSF’s 2016 World Press Freedom Index. Red alert for green journalism – 10 environmental reporters killed in five years RSF_en to go further August 21, 2020 Find out more Organisation ThailandAsia – Pacific Judicial harassment Receive email alerts Reporters Without Borders (RSF) urges the Thai authorities to drop their prosecution of British journalist Jonathan Head, a BBC correspondent who is facing a possible five-year a jail sentence on charges of criminal defamation and contravening the Computer Crimes Act over a September 2015 story about real estate fraud on the southern island of Phuket. center_img Thai premier, UN rapporteurs asked to prevent journalists being returned to Myanmar News March 1, 2017 Laws on defamation and computer crimes used to deter reporting May 12, 2021 Find out more News BBC Correspondent Jonathan Head (right) photo: BBC (screenshot) ThailandAsia – Pacific Judicial harassment News Help by sharing this information June 12, 2020 Find out morelast_img read more

Coronavirus updates: US reports under 40,000 new cases for first time since June

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first_imgnarvikk/iStockBy MORGAN WINSOR, ABC News(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 774,000 people worldwide.Over 21.8 million people across the globe have been diagnosed with COVID-19, the disease caused by the new respiratory virus, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. The actual numbers are believed to be much higher due to testing shortages, many unreported cases and suspicions that some national governments are hiding or downplaying the scope of their outbreaks.Since the first cases were detected in China in December, the United States has become the worst-affected country, with more than 5.4 million diagnosed cases and at least 170,548 deaths. Here’s how the news is developing Tuesday. All times Eastern:7:58 a.m.: FDA warns popular COVID-19 test could be inaccurateThe U.S. Food and Drug Administration is warning of “a risk of false results” with a widely-used COVID-19 test. The federal agency issued an alert Monday to clinical laboratory staff and health care providers using Thermo Fisher Scientific’s TaqPath COVID-19 Combo Kit, a molecular assay for the detection of the novel coronavirus from respiratory specimens. The FDA said issues related to laboratory equipment and software used to run the popular test could lead to inaccuracies. The agency advised clinical laboratory staff and health care providers to “implement promptly the software updates and the updated instructions for use” from the company. “The FDA is working with Thermo Fisher Scientific and our public health partners to resolve these issues,” the agency said in a statement Monday. “The FDA will continue to keep clinical laboratory staff, health care providers, manufacturers, and the public informed of new or additional information.” ABC News has reached out to Thermo Fisher Scientific for comment.7:14 a.m.: Finland’s prime minister to be tested after experiencing ‘mild’ symptomsFinnish Prime Minister Sanna Marin announced Tuesday that she will be tested for COVID-19 after experiencing “mild respiratory symptoms.”Marin wrote on Twitter that she will be working from home while she awaits her test results.As of Tuesday afternoon, Finland had reported at least 7,752 cases of COVID-19 with 334 deaths, according to a count kept by Johns Hopkins University.6:39 a.m.: UNC-Chapel Hill shifts to remote learning within a week of starting classesThe University of North Carolina at Chapel Hill announced Monday that it will suspend in-person classes after seeing the COVID-19 positivity rate on campus rise almost fivefold.The public research university in the town of Chapel Hill, about 25 miles from Raleigh, held its first day of class just one week ago after welcoming students back into its residence halls the week prior. Although residence halls were at less than 60% capacity and fewer than 30% of total classroom seats were taught in-person, the school said the COVID-19 positivity rate on campus increased from 2.8% on Aug. 10 to 13.6% on Aug. 16.As of Monday morning, the university said it has tested 954 students so far, and 177 were in isolation and 349 were in quarantine, both on and off campus. Most students who have tested positive for COVID-19 “have demonstrated mild symptoms,” according to a letter to the university community from chancellor Kevin M. Guskiewicz and executive vice chancellor and provost Robert A. Blouin.“Effective Wednesday, August 19, all undergraduate in-person instruction will shift to remote learning,” Guskiewicz and Blouin wrote. “Courses in our graduate, professional and health affairs schools will continue to be taught as they are, or as directed by the schools. Academic advising and academic support services will be available online. Our research enterprise will remain unchanged.”“Due to this announcement as well as the reduction of campus activities, we expect the majority of our current undergraduate residential students to change their residential plans for the fall,” they added. “As much as we believe we have worked diligently to help create a healthy and safe campus living and learning environment, the current data presents an untenable situation.”5:21 a.m.: WHO warns younger people are ‘driving’ COVID-19 spread in Asia PacificThe World Health Organization warned Tuesday that the coronavirus pandemic is “changing” in the Asia-Pacific region, where younger people are now the ones “driving its spread.”“What we are observing is not simply a resurgence; we believe it is a signal that we have entered a new phase of the pandemic in the Asia Pacific,” Dr. Takeshi Kasai, WHO Regional Director for the Western Pacific, said at a virtual press conference. “The epidemic is changing. People in their 20s, 30s and 40s are increasingly driving its spread.”Various countries in the region, including Australia, the Philippines and Japan, are reporting rising numbers of people under the age of 40 contracting the novel coronavirus, according to the WHO.“Many are unaware they are infected with very mild symptoms, or none at all,” Kasai said. “This can result in them unknowingly passing on the virus to others.”4:50 a.m.: Walgreens coding error causes under-reporting of 59,000 test results in TexasThe Texas Department of State Health Services tells Corpus Christi ABC affiliate KIII-TV that Walgreens Pharmacy reported experiencing a coding error, causing the under-reporting of some 59,000 COVID-19 test results statewide.The coding error has now been corrected, according to KIII, but counties across Texas will likely see their COVID-19 statistics change as the data dump is set to take place.ABC News has reached out to Walgreens for comment.As of Monday, the Lone Star State had reported at least 542,950 confirmed cases of COVID-19 with 10,034 deaths, according to a count kept by the Texas Department of State Health Services. 3:35 a.m.: US reports under 40,000 new cases for first time since JuneThere were 35,112 new cases of COVID-19 identified in the United States on Monday, according to a count kept by Johns Hopkins University.It’s the first time since June 28 that the country has reported under 40,000 new cases in a single day. Monday’s case count is also well below the record set on July 16, when more than 77,000 new cases were identified in a 24-hour reporting period.An additional 445 coronavirus-related deaths were also recorded Monday.A total of 5,443,162 people in the U.S. have been diagnosed with COVID-19 since the pandemic began, and at least 170,548 of them have died, according to Johns Hopkins. The cases include people from all 50 U.S. states, Washington, D.C. and other U.S. territories as well as repatriated citizens.By May 20, all U.S. states had begun lifting stay-at-home orders and other restrictions put in place to curb the spread of the novel coronavirus. The day-to-day increase in the country’s cases then hovered around 20,000 for a couple of weeks before shooting back up and crossing 70,000 for the first time in mid-July.However, week-over-week comparisons show that the nationwide number of new cases has continued to decrease in recent weeks, according to an internal memo from the Federal Emergency Management Agency, obtained by ABC News on Sunday night. Copyright © 2020, ABC Audio. All rights reserved.last_img read more