Thursday, March 09, 2023

Experts debunk 5 common myths about abortion

Korin Miller
Tue, March 7, 2023 

There are several abortion myths, which experts say can be difficult to dispel. (Getty Images)

Abortion has been a hot-button topic in the U.S. for years, but debate about the consequences of having an abortion ignited again last year after the Supreme Court overturned Roe v. Wade, the landmark ruling that guaranteed the right to abortion in America.

Now, nearly 60% of American women between the ages of 13 and 44 live in a state that's considered hostile or extremely hostile to abortion rights, per the Guttmacher Institute. Given how much abortion is debated and discussed in person and online, it can be tough to know what's real and what is a total myth.

But why is there so much misinformation out there about abortion? Many "facts" about it have been repeated so many times that people think they're real, Andrea Miller, president of the National Institute for Reproductive Health, tells Yahoo Life. "People who are opposed to anyone having access to abortion care simply state something about a lack of safety as fact with no facts to back it up," she says. "Anti-abortion extremists have spent decades trying to create stigma and shame around abortion. It means that these kinds of lies work their way into the zeitgeist and become difficult to eliminate."

How can you tell myth from reality? These are some of the biggest falsehoods about abortion that continue to circulate.

Myth No. 1: Abortion can impact your future fertility


"There's no evidence to suggest that abortion affects future fertility — it's a common myth," Antonia Biggs, associate professor and social psychologist at the University of California, San Francisco's Advancing New Standards in Reproductive Health, tells Yahoo Life. Abortion is "one of the most common, safest medical procedures performed in the U.S.," she says. "There is no impact of an abortion procedure — whether through medication or aspiration abortion — on future fertility," Biggs says.

What can affect your fertility is having an abortion through unsafe means outside of a medical setting, she says. According to the World Health Organization, up to 13.2% of maternal deaths worldwide can be attributed to unsafe abortions.

Consider this too: "The majority of patients who have an abortion and do not start on hormonal contraception following their abortion will return to their prior menstrual cycles within the next three months — and many within seven weeks — indicating the likely ability to get pregnant," Dr. Rebecca Simon, family medicine physician in Pennsylvania and fellow with Physicians for Reproductive Health, tells Yahoo Life.

Myth No. 2: Abortion increases your risk of mental health issues and suicide


Research has repeatedly debunked this myth, but it still persists. A recent study published in the Archives of Women's Mental Health analyzed data from nearly 7,200 women who had an unplanned pregnancy within the past year, and found that "psychological distress" was the lowest for people who had a baby that they wanted. It increased for people who had an abortion, gave their child up for adoption or had an unwanted birth.

But the study found that abortion was linked with lower distress scores than those for people who engaged in adoption and unwanted birth. "Compared to the wanted birth, adoption and unwanted birth showed significantly higher levels of distress," the study reads.

On the flip side, however, research has found that not having access to abortion care can raise the risk of mental health issues.

The University of California, San Francisco's Turnaway Study found that women who are denied access to an abortion and have to carry an unwanted pregnancy to term are four times more likely to live below the federal poverty level. These women are also more likely to experience anxiety and loss of self-esteem after being denied access to an abortion.

"The myth that abortion causes mental health harm is something that has been propagated by anti-abortion groups," Biggs says. "But we have very good evidence to dispel that common myth."

Myth No. 3: Abortion is linked to eating disorders

The data on this one is a little muddled. Research has found that people with anorexia nervosa are more likely to have unwanted pregnancies, but there's nothing that states that having an abortion causes an eating disorder.

As Simon points out: "Carrying a pregnancy to term can worsen chronic medical conditions, including eating disorders." According to the Guttmacher Institute, "there is still no conclusive evidence directly linking abortion to subsequent mental health problems."

Myth No. 4: Abortion isn't safe

This is simply "not true," Dr. Lauren Streicher, a clinical professor of obstetrics and gynecology at Northwestern University Feinberg School of Medicine, tells Yahoo Life. "It is far more likely for a woman to die during pregnancy and childbirth than from having an abortion," she adds.

There is a lot of chatter right now about mifepristone, one of two medications used in a medication abortion, now that anti-abortion advocates have filed a lawsuit against the Food and Drug Administration (FDA) asking it to remove its approval of the drug, despite the fact that mifepristone has been approved for 23 years and has a long-standing safety record. Meanwhile, there's another lawsuit filed by 12 states with the opposite goal: to get the agency to drop some restrictions on mifepristone. "Medication abortion is exceedingly safe and effective," Miller says. "The FDA has reviewed extensive data for years" about its use.

"Abortion is very common and, because of this, we also know it is very safe," Simon says. "Abortion is safer than continuing a pregnancy to term — especially in the U.S., where the maternal death rate is higher than any other high-income country."

Myth No. 5: Women often regret having an abortion

Research has found the opposite is true. A University of California, San Francisco study published in the journal Social Science & Medicine analyzed five years of longitudinal data, collected one week postabortion and semiannually for five years, from women who sought abortions at 30 American clinics between 2008 and 2010. Women were asked about their emotions and whether they felt that abortion was the right decision for them over five years.

After five years, the researchers discovered that more than 95% of women in the study said getting an abortion was the right decision for them.

"This myth that women regret an abortion has been perpetuated and is not evidence-based," Biggs says.

Overall, experts stress the importance of knowing the facts around abortion and abortion care. "These myths can be very hurtful," Biggs says. "Not only do they misinform policies, but people internalize these myths and are misinformed about the safety of abortion — that can impact the care that they receive."

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Women enlist in Colombia's army for first time in 25 years







Female voluntary recruits attend a three month training program at a military base in Bogota, Colombia, Monday, March 6, 2023. After a 25-year ban, the Colombian army is once again allowing women to join its ranks through voluntary military service, which is a requirement for men. (AP Photo/Fernando Vergara)

ASTRID SUAREZ
Tue, March 7, 2023 

BOGOTA, Colombia (AP) — Dressed in camouflage, Zulma Stefania Perez reflected on her first weeks of training at a military base in the capital — and on her life as one of Colombia's first female recruits in more than two decades.

“The physical drills we must endure are the same” as those for men, she said. “Being women doesn’t make us less capable. In fact, there are many skills and strengths we have that men may not have.”

Perez, 24, is part of a cohort of 1,296 women who enlisted in Colombia’s army in February, when the South American country opened military service to women for the first time in 25 years.

Colombia has long had compulsory military service for men ages 18 to 24. The army relies heavily on those young recruits to staff bases, protect infrastructure and carry out administrative tasks, while its professional soldiers confront drug trafficking gangs and rebel groups.

This year, officials allowed females in the same age range to voluntary join the military, in what the army says is part of an effort to “strengthen the role of women” in its ranks.

Recruits must live on military bases for several months and earn a monthly stipend of only about $75, but some of the women in the new program hope it helps them build a career in the armed forces. They see it as a chance for a stable job and educational opportunities.

“I like the lessons we get here about human rights, and international humanitarian law, because that’s my field of expertise” said Perez, who a has a law degree but has struggled to find work in the legal profession.

She said that after her basic training she will likely get a job in the military’s judicial affairs department.

First, she must undergo three months of basic training, waking up each day at 6 a.m. and being given only one minute to take a cold shower. She has also learned to run while carrying a 3-kilogram (6 1/2-pound) rifle.

“The toughest thing has been to adapt to all of this exercise” she said. “As a civilian you live a sedentary lifestyle.”

Others said they decided to join the military because being in law enforcement runs in their families.

“Since I was small I always wanted to wear this uniform with pride, discipline and honor” said Yariany Alvarez, a 20-year-old recruit in Bogota who has a police officer uncle.

She said she was not afraid of being a soldier in Colombia, where the army is still struggling to free some rural pockets of the country from the grip of drug gangs and rebel groups.

“This is a dangerous job” she said. “But if we learn our drills and follow instructions, I think we will be able to stand out.”

Colombia’s army has around 200,000 soldiers. Around 1% are women, who until now joined after attending military universities or applying for administrative jobs.

Every year, the South American country drafts around 50,000 men into the armed forces for 12 months of compulsory military service.

It is a practice criticized by human rights activists and some politicians, who complain that most recruits are men from low income urban neighborhoods or rural areas, while wealthier Colombians who graduate from private schools find ways to avoid service.

The new push to allow females to enlist comes as Colombia’s congress debates a bill that would eliminate compulsory military service and enable young men to replace it with internships in educational programs, environmental projects or human rights initiatives.

Military officers in Colombia have opposed this legislation, saying it would diminish the army’s capabilities.
Yellen warns climate change could trigger asset value losses, harming US economy

Tue, March 7, 2023 
By Andrea Shalal

WASHINGTON (Reuters) -Climate change is already having a major economic and financial impact on the United States and may trigger asset value losses in coming years that could cascade through the U.S. financial system, Treasury Secretary Janet Yellen will warn on Tuesday.

Yellen will tell a new advisory board of academics, private sector experts and non-profits there has been a five-fold increase in the annual number of billion-dollar disasters over the past five years, compared to the 1980s, even after taking into account inflation.

"As climate change intensifies, natural disasters and warming temperatures can lead to declines in asset values that could cascade through the financial system. And a delayed and disorderly transition to a net-zero economy can lead to shocks to the financial system as well," she said in remarks prepared for delivery at the advisory board's first meeting.

She said severe storms and wildfires in states like California, Florida, and Louisiana, tornadoes across the South and intensifying storms on the West Coast show how climate change is accelerating.

The U.S. government in January reported that 2022 tied 2017 and 2011 for the third-highest number of billion-dollar disasters, with a total price tag of at least $165 billion.

There were 18 weather and climate disasters each costing at least $1 billion in the year, including two tornado outbreaks in the south and southeast in March and April, and massive wildfires across the west.

Yellen said the new Climate-related Financial Risk Advisory Committee, set up last October by the Financial Stability Oversight Council (FSOC), would boost U.S. efforts to mitigate the risks that climate change poses to financial stability.

“The CFRAC is a clear indication of the seriousness with which U.S. regulators are taking the threat of increasing climate-related risks in the financial system,” said John Morton, Yellen's former climate counselor who rejoined Pollination, a climate change investment firm, in January.

With its broad range of experts, the board would advise FSOC as it grappled with what it has identified as an ‘emerging risk to the stability of the U.S. financial system,' Morton said.

The meeting comes amid a slew of new regulations on climate-related risk management issued by the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corp (FDIC)and the Federal Reserve after FSOC, a top U.S. regulatory panel, first identified climate change as an "emerging threat" to U.S. financial stability in October 2021.

The Federal Insurance Office has also issued a proposal to collect data from insurers to assess climate risk, and the Fed in January said it would conduct a pilot climate scenario analysis to study the bank's climate risk-management practices.

And in April the U.S. Securities and Exchange Commission is due to release a new rule on companies' climate-related disclosures.

But the Biden administration is facing stiff challenges from Republicans, who say the agencies have written rules outside of the legal process. Republican leaders want to use their slim control of the U.S. House of Representatives to constrain administrative oversight of climate rules and other issues.

Yellen said climate-related events had already prompted insurers to raise rates or stop providing insurance in high-risk areas, which could have devastating consequences for homeowners and their property values. That in turn could spill over to other parts of the financial system, she said.

(Reporting by Andrea Shalal; Editing by Stephen Coates and Andrea Ricci)
U.S. job openings fall less than expected; prior month's data revised higher


Job openings advertised at businesses in Cambridge

Wed, March 8, 2023 

WASHINGTON (Reuters) - U.S. job openings fell less than expected in January and data for the prior month was revised higher, pointing to persistently tight labor market conditions that likely will keep the Federal Reserve on track to raise interest rates for longer.

Job openings, a measure of labor demand, had decreased by 410,000 to 10.8 million on the last day of January, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report, on Wednesday. Data for December was revised higher to show 11.2 million job openings instead of the previously reported 11.0 million.

Economists polled by Reuters had forecast 10.5 million job openings. Fed Chair Jerome Powell told lawmakers on Tuesday that the U.S. central bank would likely need to hike rates more than expected and he opened the door to a half-percentage-point increase this month to combat inflation after a recent raft of strong data.

(Reporting by Lucia Mutikani; Editing by Paul Simao)
'Trans women are women': Canadian orgs declare support on International Women's Day

Organizations across Canada are driving home the point that transgender women must be considered when it comes to gender equality



Elianna Lev
Wed, March 8, 2023 
Organizations across Canada are driving home the point that transgender women must be considered when it comes to gender equality.

To coincide with International Women’s Day, the Canadian Centre for Gender & Sexual Diversity (CCGSD) has gathered signatures from hundreds of community organizations throughout the country to publicly affirm that gender equality can't be achieved without supporting, celebrating, and uplifting trans women. The Elementary Teachers’ Federation of Ontario, Oxfam Canada, Imagine Canada and the Canadian Anti-Hate Network are just some of the organizations who have signed on to show their support for the statement.

Jaime Sadgrove is the manager of communications and advocacy with CCGSD, and uses they/them pronouns. They say the marked escalation of transphobic rhetoric and attacks in recent years could give the impression that there isn’t support for welcoming trans women into women’s spaces.

“We’re really of the belief that’s not what most people think,” Sadgrove tells Yahoo Canada.

“If you look at opinion polling, most people are broadly supportive of gender affirming care, the needs of trans people and that trans women are women who have a right to be included in the feminist movement.”

Across the U.S., anti-trans bills are being introduced at a sweeping pace. These range from denying the right of trans children and teachers from being visible in schools, blocking state recognition through birth certificates, and the ban on widely recognized gender-affirming healthcare.

Trans women are women who have a right to be included in the feminist movement.

Sadgrove says while we don’t hear anti-trans rhetoric being used as much by Canadian politicians publicly, the media landscape showcases similar messaging, by questioning trans-affirming care as a way to undermine the idea that trans people deserve to have access to care that lets them live as the person they are.

They add that while anti-trans political thought might not appear to be as mainstream in Canada, there is a growing movement, particularly in schools.

Sadgrove says there's been a spike in the number of school board trustee candidates running on anti-trans platforms. In February, an incident involving a high school student from Renfrew, Ont., gained attention from some right-wing American media outlets. The Grade 11 student was suspended for anti-trans rhetoric and later was arrested and charged with trespassing, when he returned to school regardless.

“When you look at what’s in the mainstream media about trans people and their needs, it’s really sensationalized, there’s a lot of disinformation,” Sadgrove says.

While the federal government is working on a national action plan to combat hate, Sadgrove says the CCGSD hasn’t heard anything that suggests they’re considering the needs of LGBTQ+ communities.

“We’re making sure that trans people especially, because they’re baring the brunt of that hate, have a seat at that table and that plan includes resources specifically dedicated to fighting trans hate,” they say.
CRIMINAL CAPITALI$M

Adani Rout Puts Spotlight on Billions Flowing Through Mauritius



Chris Kay
Wed, March 8, 2023 


(Bloomberg) -- The tiny island of Mauritius spent years trying to clean up its image as a base for murky money launderers and shell firms. The short-seller allegations against billionaire Gautam Adani are once again reviving questions about the country’s role as a tax haven for India’s tycoons.

In a report late January that sent Adani stocks on a $153 billion downward spiral, Hindenburg Research said that entities controlled by the tycoon’s brother, Vinod, or his associates used Mauritius as a conduit for money laundering and share-price manipulation. Though the report mentioned a “vast labyrinth” of shell companies from the Caribbean to the United Arab Emirates, it pinpointed offshore firms in Mauritius as having played a pivotal part.

The US-based short seller said 38 firms connected to Vinod were domiciled in the tropical island, located in the Indian Ocean off the eastern coast of Madagascar. Hindenburg claims some were used to reroute money from India that was then used to buy shares in the group, and inflate their stock prices back home. In the five years prior to the bombshell report, Adani equities saw some of their wildest rallies, with flagship Adani Enterprises Ltd. surging almost 2,600%, about 41 times the gain in the benchmark Nifty 50 index.

Staffers at Vinod’s Dubai offices recently directed requests for comment to the ports-to-energy conglomerate’s headquarters in India. A representative for Adani Group didn’t respond to a request for comment. In its 413-page rebuttal issued on Jan. 29, the group said Vinod has no role in Adani Group’s day-to-day affairs. The offshore entities are public shareholders in Adani portfolio companies and “innuendoes that they are in any manner related parties of the promoters are incorrect,” it said.

While it isn’t illegal to register businesses in low-tax jurisdictions like Mauritius, the allegations around the offshore shell firms appear to be a throwback to a time when the tourist paradise featured in a slew of other Indian corporate controversies since the late 1990s. The biggest of them was a stock market scandal that saw a broker drive up prices of select shares between 1998 and 2001.

The accusations against Adani — some reported by local media years before Hindenburg dropped its report — come at an uncomfortable time for Mauritius, which has been attempting to detoxify its financial industry and getting noticed for its efforts: the European Union just last year took it off a blacklist of countries it deems deficient in their anti money laundering and terrorism financing regimes.

“Adani’s alleged use of Mauritius as a center for shell companies is not unusual in the Indian context,” said Bhaskar Chakravorti, the dean of global business at The Fletcher School at Tufts University. What would be unusual is if this happened despite the cleanup efforts, he said. The “sheer scale” of what’s being alleged by Hindenburg is “staggering,” according to Chakravorti.

Hindenburg’s allegations landed right before a visit to India by Mahen Kumar Seeruttun, Mauritius’s minister of financial services and good governance, to drum up investment. In a February interview with Bloomberg News, Seeruttun said that the Adani Group has complied with all regulations in his country’s jurisdiction and his government will cooperate with Indian authorities on the matter.

“We want to uphold our reputation as a jurisdiction of repute and substance,” Seeruttun said.

In earlier comments to Bloomberg, Dhanesswurnath Thakoor, chief executive of the nation’s Financial Services Commission, denied that Mauritius is a tax haven. He said the country complies with the Organisation for Economic Co-operation and Development’s minimum taxation standards with a 15% corporate rate. In comparison, the British Virgin Islands levies no tax.

Corrosive Role


Mauritius-based shell companies have been at the center of at least four major probes by Indian agencies in the past two decades for allegedly being conduits of illegal money. The country has also been accused by the UK’s Tax Justice Network group of playing a “corrosive role in Africa,” inflicting a $2.4 billion tax loss annually.

Commenting this week, Seeruttun said that reports like the one from Hindenburg do create doubts in the minds of some people about Mauritius, but the business community overseas has confidence in its jurisdiction. “Predictability, certainty, stability are the key words that they look for, and this is what Mauritius offers,” he said.

The origins of Mauritius’s status, which the Tax Justice Network says is a tax haven, can be traced to a treaty it signed with India in the early 1980s to promote trade and investment, where it eliminated double taxation and capital gains levies. At that time, Indian officials didn’t foresee that their country would soon abandon its Soviet-style socialist economy and embrace foreign capital.

As the South Asian nation was opening up, Mauritius signed into law an offshore business act in 1992, along with dozens of other bilateral tax treaties, allowing foreigners to set up companies with little disclosure or tax. Despite a headline corporate rate of 15%, for some entities, it effectively meant just 3%.

Combined with India’s cultural ties — two thirds of the island’s 1.3 million-strong population are of Indian origin — the treaties allowed Mauritius to become the South Asian nation’s largest source of foreign investment for some time until the year through March 2018.

The country, which gained independence from the British in 1968, is now one of the wealthiest in Africa. Services make up close to 70% of its $12 billion economy. According to the Tax Justice Network, about 2.3% of global tax haven flows make their way through the island known for its luxury holiday resorts and pristine beaches. That compares with the 6.4% for top-ranked BVI.

“Historically the treaty with Mauritius was the standard way to invest into India,” said Reuven Avi-Yonah, a corporate and international taxation professor at the University of Michigan Law School. “It contained no limits on who the ultimate recipient of the income could be as long as the funds flowed through Mauritius.”

‘Layering’ of Ownership


As those flows gained momentum, so did suspicions that Indian entities were routing their money via Mauritius, a maneuver called round tripping, which could be used by companies and individuals to evade tax and launder criminal proceedings, according to Arun Kumar, a retired professor who taught at New Delhi’s Jawaharlal Nehru University. Money trails and ownership from India were obscured by a process of “layering” through multiple overseas shell companies, he said.

“They were using this web to basically prevent investigative agencies from figuring out who’s moving what money and make it look as if these were genuine foreign funds and not round-trip funds,” said Kumar, who’s authored a book on India’s illicit economy.

Eventually, Mauritius came under global pressure after the Paradise Papers, a trove of documents leaked to the International Consortium of Investigative Journalists in 2017, alleged the country was a secretive financial hub that allowed businesses and wealthy individuals to shield their assets and profits from taxation.

For India, a succession of financial scandals and frustration at attempts to make foreign corporates pay more tax led to the two countries in 2016 reworking their treaty. It closed a popular loophole so India could tax short-term capital gains, though zero levies remain on investments held for over a year.

Little Impact

India also tightened rules on so-called participatory notes, which were used to anonymously invest in Indian stocks and derivatives, forcing issuers to verify client identity.

Mauritius reworked some of its tax laws and treaties, supporting in October 2021 a global agreement that introduced a minimum corporate tax rate as well as greater disclosure for businesses with annual revenue above 750 million euros ($791 million).

Those measures did see the Financial Action Task Force — a global watchdog — remove Mauritius in 2021 from its gray monitoring list. Within months, the EU moved to take it off its blacklist.

The steps also meant the waning of Mauritius’s position as India’s biggest source of foreign direct investment. After peaking at $15.9 billion in the year through March 2018, the flows have dropped sharply to $9.4 billion, according to Reserve Bank of India data, relegating the country below Singapore and the US.

“The Mauritius route is less appealing now because of both the changes in the law and in the tax treaty,” said Avi-Yonah.

Even so, Mauritius remains a popular offshore base for many investors seeking opportunities in some of the biggest markets.

The furor over Adani isn’t forcing a reckoning on the island’s sandy shores. Lovania Pertab, the chairperson of the local chapter of Transparency International, the anti-corruption group, said nobody wants to wreck its lucrative offshore financial industry. But setting up 38 companies in Mauritius, as Hindenburg alleges Adani did in their report, “looks very abnormal,” she said.

“In Mauritius, nobody is talking about it,” she said. “They don’t want to appear to be India bashing.”

--With assistance from Kamlesh Bhuckory, Sudhi Ranjan Sen, Debjit Chakraborty, Ashutosh Joshi and Ishika Mookerjee.
DESANTISLAND
DeSantis' new Disney World board hints at future controversy



A sign near the entrance of the Reedy Creek Improvement District administration building is seen on Feb. 6, 2023, in Lake Buena Vista, Fla. The first meeting of the new board of Walt Disney World’s government — overhauled by sweeping legislation signed by Republican Gov. Ron DeSantis as an apparent punishment for Disney publicly challenging Florida’s so-called “Don’t Say Gay” bill — dealt with the rote affairs any other municipal government handles. Board members on Wednesday, March 8, faced calls for better firefighter equipment, lessons on public records requests and bond ratings. They replaced a board that had been controlled by Disney during the previous 55 years that the government operated as the Reedy Creek Improvement District. (AP Photo/John Raoux, File)


MIKE SCHNEIDER
Wed, March 8, 2023

LAKE BUENA VISTA, Fla. (AP) — The first meeting of the new board of Walt Disney World’s government — overhauled by sweeping legislation signed by Republican Gov. Ron DeSantis as punishment for Disney publicly challenging Florida's so-called “Don’t Say Gay” bill — dealt with the rote affairs any other municipal government would handle: calls for better firefighter equipment, lessons on public records requests and bond ratings.

But the five board members appointed by DeSantis hinted Wednesday at future controversial actions they may take, including prohibiting COVID-19 restrictions at Disney World and recommending the elimination of two cities that were created after the Florida Legislature in 1967 approved the theme park resort's self-governance.

The board also approved hiring the same law firm that advised the governor's office in making changes to the governing district to help interpret the new legislation.

For the most part, the new board members listened in a hotel ballroom outside Disney World as members of the public and workers from the district's departments explained what they do.

Martin Garcia, the board's new chair, said the major distinction between the old board controlled by Disney and the new one appointed by DeSantis will be a broader constituency encompassing more than just a single company, instead also representing workers and residents of surrounding communities.

“You didn’t elect us, but the people of Florida elected a governor who appointed us,” Garcia said. “I see there will be much broader representation.”

The other new board members for what has been rechristened the Central Florida Tourism Oversight District included Bridget Ziegler, a conservative school board member and wife of the Florida Republican party chairman Christian Ziegler; Brian Aungst Jr., an attorney and son of a former two-term Republican mayor of Clearwater; Mike Sasso, an attorney; and Ron Peri, head of The Gathering USA ministry.

They replaced a board that had been controlled by Disney during the previous 55 years that the government operated as the Reedy Creek Improvement District.

The new name will require a new logo to replace the old one that's on 123 vehicles, 300 trash cans and 1,000 manhole covers, district administrator John Classe told board members.

The takeover of the Disney district by DeSantis and the Florida Legislature began last year when the entertainment giant, facing intense pressure, publicly opposed “Don’t Say Gay,” which bars instruction on sexual orientation and gender identity in kindergarten through third grade, as well as lessons deemed not age-appropriate.

DeSantis moved quickly to penalize the company, directing lawmakers in the GOP-dominated Legislature to dissolve Disney’s self-governing district during a special legislative session, beginning a closely watched restructuring process.

In taking on Disney, DeSantis furthered his reputation as a culture warrior willing to battle perceived political enemies and wield the power of state government to accomplish political goals, a strategy that is expected to continue ahead of his potential White House run.

After the meeting, Josh D’Amaro, chairman of Disney Parks, Experiences & Products, said in a statement that he was hopeful the new board would continue to maintain “the highest standards" for the resort's infrastructure, set by its predecessor, and support ongoing growth at the resort.

During public comments at Wednesday's meeting, the leader of the union for the district’s firefighters, which had clashed with the previous board, welcomed the new members, calling the new board “a fresh start.” Jon Shirey urged the new board to devote resources to purchasing new fire trucks, improving pay and increasing staff, saying the 32 firefighters who are on duty each day is just two more than it was in 1989.

"It’s safe to say that Disney has grown exponentially,” Shirey said.

___

Follow Mike Schneider on Twitter at @MikeSchneiderAP
SLEAZY CRIMINAL CAPITALI$M
JPMorgan sues former exec over ties to Epstein sex abuse

Barclays CEO Jes Staley participates in the Yahoo Finance All Markets Summit at Union West on Oct. 10, 2019, in New York. Facing lawsuits over its own relationship with Jeffrey Epstein, JPMorgan Chase on Wednesday, March 8, 2023, sued its former executive Staley, saying he knew “without a doubt” that Epstein was abusing and trafficking girls. (Photo by Evan Agostini/Invision/AP, File) 

KEN SWEET
Wed, March 8, 2023 

NEW YORK (AP) — JPMorgan Chase sued its former executive Jes Staley on Wednesday, alleging that he aided in hiding Jeffrey Epstein’s yearslong sex abuse and trafficking in order to keep the financier as a client.

The New York bank seeks to hold Staley personally liable for any financial penalties that JPMorgan may have to pay in two related cases. It is also seeking to force Staley to pay back wages he earned during the time he allegedly was aware of the abuse and “personally observed” Epstein's behavior on multiple occasions.

“In light of Staley’s intentional and outrageous conduct in failing to disclose pertinent information and abandoning (JPMorgan’s) interests in favor of his own and Epstein’s personal interests, (the bank) is entitled to punitive damages,” the bank said in its lawsuit.

A lawyer for Staley had no comment on the lawsuit.

JPMorgan's lawsuit was filed after the bank was sued by the government of the U.S. Virgin Islands, as well as by a woman identified as Jane Doe, who was allegedly abused by Epstein. Those lawsuits claim JPMorgan should have seen evidence of Epstein's sex trafficking and knowingly benefited from it.

Previous lawsuits have shown Staley and Epstein exchanged hundreds of emails and text messages over the years, and they were seen to have a close relationship that went beyond the professional relationship a banker would have with a wealthy client.

The bank continues to deny the allegations in its lawsuit, however it appears to allege that Staley may have committed sexual assault. It notes in its lawsuit that the anonymous Doe described a “powerful financial executive” could “use his clout within JP Morgan to make Epstein untouchable.” The bank says that the financial executive was Staley.

Epstein was arrested in 2019 on federal charges accusing him of paying underage girls hundreds of dollars in cash for massages and then molesting them at his homes in Florida and New York. He was found dead in jail on Aug. 10 of that year, at age 66. A medical examiner ruled his death a suicide.

Staley left JPMorgan in 2013 to become CEO of London-based bank Barclays. He resigned last year following a report by British regulators into his past links with Epstein.

____

AP Business Writer Barbara Ortutay contributed to this report from San Francisco.
Diabolical liberty: after-school Satanists club threatens to sue district over ban

Erum Salam
Wed, March 8, 2023 

Photograph: Joseph Prezioso/AFP/Getty Images

An after-school Satanists club in Pennsylvania is threatening to raise hell after local district leaders denied them the ability to convene on their school grounds.

The American Civil Liberties Union (ACLU), together with its Pennsylvania chapter, sent a letter to the Saucon Valley school district demanding that they allow the After School Satan Club, or ASSC, access to school facilities in accordance with the US constitution’s first amendment right to practice religion freely.



The ACLU alleges that the Satanist club was initially approved to use district facilities, but that approval was rescinded after district officials received pushback from community members. The club’s requested meeting dates were subsequently denied.

The After School Satan Club says it is a secular organization and its members do not actually believe in or worship the devil. According to their website, the club “does not believe in introducing religion into public schools and will only open a club if other religious groups are operating on campus”.

By contrast, the Good News Club, an organization sponsored by a local evangelical church devoted to spreading the word about the Bible, is allowed to host meetings on public school property.

In the letter addressed to the district, the ACLU said: “The district has intentionally opened up its facilities for general community use and, in so doing, may not limit access to this forum based on the content of our clients’ speech, their religious identity, or their viewpoint – even if some may find their beliefs ‘controversial or divisive’. Nor may the district restrict our clients’ access to this forum based on others’ animus toward our clients’ religion, or based on the anticipated or actual reactions to the content or viewpoint of our clients’ speech.”

The ACLU is threatening the school district with a lawsuit on behalf of the club and the Satanic Temple if the alleged discrimination continues.



Sara Rose, deputy legal director for the ACLU of Pennsylvania, told the Guardian: “It’s unfortunate that the school district is doubling down on its unconstitutional and discriminatory action against the club and The Satanic Temple. We are consulting with our clients as they carefully consider their next steps.”

The incident represents the larger debate about religious freedom in the US. Religion has served as a battleground for abortion rights, pitting those who believe in patient autonomy and a person’s right to choose whether or not they want an abortion against religious anti-abortion activists who believe abortion is a sin.

This is not the first time self-described Satanists in America have waged war against the religious far-right. The Satanic Temple group, based in Massachusetts, has a long history of advocating on issues such as abortion rights, prayer in classrooms and the distribution of Bibles in schools.

Satanic Temple members do not believe in Satan in a literal sense, but see Lucifer as a symbol of rebellion and opposition to authoritarianism.

The Saucon Valley school district did not respond to a request for comment.


CRYPTO CRIMINAL CAPITALI$M
Bankman-Fried's bid to shift blame complicated by new charges


 Former FTX Chief Executive Sam Bankman-Fried arrives to the 
Manhattan federal court in New York

Wed, March 8, 2023
By Luc Cohen

NEW YORK (Reuters) -Since his December arrest on fraud charges, FTX founder Sam Bankman-Fried and his lawyers have suggested part of his defense will be seeking to distance himself from the day-to-day operations of the now-bankrupt cryptocurrency exchange.

But new accusations against him and a third former member of his inner circle in recent weeks could complicate that strategy, some experts said.

Federal prosecutors in Manhattan unveiled new charges on Feb. 23 that appeared to undermine some of Bankman-Fried's public claims since the collapse of FTX, and later revealed the guilty plea and cooperation of the exchange's former engineering chief Nishad Singh.

Former FTX technology chief Gary Wang and Caroline Ellison, formerly the CEO of Bankman-Fried's Alameda Research hedge fund, had each previously pleaded guilty and are cooperating.

Bankman-Fried previously pleaded not guilty to stealing billions of dollars in FTX customer funds to plug losses at Alameda.

The 31-year-old former billionaire and his lawyers have suggested they will attempt to shift blame onto Ellison and dispute her expected testimony at his Oct. 2 trial.

It is common for defendants to challenge the credibility of cooperating witnesses, often arguing that they are motivated to lie and implicate others in a bid to win leniency.

Doing so is more difficult when multiple witnesses point the finger at the same person, experts said.

"The defendant is going to say, 'No, you did it, you're the one who was the most responsible, and now you're trying to blame me,'" said Rebecca Mermelstein, a former Manhattan federal prosecutor and now a partner at O'Melveny.

Spokespeople for Bankman-Fried and for the U.S. Attorney's office in Manhattan declined to comment.

'VERY DIFFERENT VIEW'

At her plea hearing in December, Ellison admitted she and Bankman-Fried conspired to mislead Alameda's lenders, with Alameda providing secret loans to Bankman-Fried which the hedge fund then hid on its balance sheets.

Bankman-Fried appeared to contradict that in a Jan. 12 blog post, saying he was not running Alameda and "was told" - without saying by whom - that its balance sheets were accurate.

Bankman-Fried's defense lawyer Mark Cohen also challenged another of Ellison's statements to prosecutors: according to U.S. District Judge Lewis Kaplan, she told them that Bankman-Fried had instructed FTX employees it was "best not to have documents" because they could be used as evidence.

"We have a very different view of what happened," Cohen said at a Feb. 16 court hearing. "That's for trial, your Honor, but that's not what happened."

Ellison's lawyer did not respond to requests for comment.

In unveiling the new charges in a superseding indictment, prosecutors dismissed the idea that Bankman-Fried was in the dark about his former colleagues' crimes. Prosecutors said he directed Ellison to mislead creditors about the money Alameda borrowed, and that he remained Alameda's "ultimate decisionmaker" despite stepping down as CEO.

"The superseding indictment seems designed to undercut the defenses that he has floated in public," said Mark Kasten, counsel at Buchanan Ingersoll & Rooney in Philadelphia.

It also complicates Bankman-Fried's defense because it contains references to an electronic message Bankman-Fried received from Ellison, as well as messages between him and Singh, who is referred to in the indictment as CC-1. Prosecutors described the conversation between the two men as a plot to conceal a scheme to make illegal political campaign donations.

Beyond the content of the particular messages, the mere revelation that prosecutors have them could be troubling for Bankman-Fried, since contemporaneous statements by a defendant can make it harder to refute witness testimony, experts said.

Despite the hurdles, experts said Bankman-Fried will still likely dispute that he knew former members of his inner circle were breaking the law, Kasten said.

"He still is going to have to attack the government witnesses," Kasten said, summing up one possible defense: "Yes, he was the public face of the company, but he trusted his confidantes to run the business, and he thought that they were doing it lawfully."

(Reporting by Luc Cohen in New York; Editing by Daniel Wallis and Noeleen Walder)