Thursday, January 30, 2020

‘The crisis is not over’: Teachers hit back at Boris Johnson’s school funding plans

‘The money will not be enough to meet the needs of all pupils,’ unions warn

Eleanor Busby Education Correspondent


Headteachers march on Downing Street to demand extra cash for schools in September last year ( PA )

Teachers and unions have warned the “crisis is not over” as they criticised the prime minister’s school funding announcement.

Local authorities will now be required by law to make sure all schools across England receive their minimum funding entitlements from next year, Boris Johnson announced.

It comes after schools were forced to close at lunchtime and parents were asked to pay for essential resources amid funding cuts.

Every secondary school will receive at least £5,000 per pupil next year and every primary school will receive at least £3,750 per pupil as part of the government’s funding package.

But education unions say the money will not be enough to meet the needs of all pupils, adding that the majority of schools in the country will still be worse off next year compared to 2015.

Geoff Barton, general secretary of the Association of School and College Leaders, said: “Despite the promises that the government will reverse the cuts, the fact is that the money allocated to education over the next three years will not achieve this objective.

“The reality is that the financial situation for schools and colleges will continue to be extremely challenging and the funding crisis is not over,” he added.

In August, the prime minister announced the schools budget would be increased by £2.6bn in 2020-21, £4.8bn in 2021-22, and £7.1bn in 2022-23.

Now local authorities will be required by law to make sure every school receives the full minimum level of funding. Previously, local authorities had more powers to allocate the money.

But a previous analysis from the Education Policy Institute (EPI) think tank said schools serving the most disadvantaged children are set to miss out under Mr Johnson’s pledge to “level up” funding.

Mary Bousted, joint general secretary of the National Education Union, said: “The government’s rhetoric is excellent, it is a pity the reality for the vast majority of schools does not match it.

“From the start of the next financial year this coming April, 83 per cent of schools will have lower real terms per pupil funding than they did in 2015.”
Read more
Most constituencies ‘will be worse off’ in real-terms school funding

Paul Whiteman, general secretary of school leaders’ union NAHT, said: “This is a significant amount of money, but against the backdrop of years and years of cuts. At best this just restores funding levels to where they were before austerity kicked in.

“In other words an unprecedented 13-year funding freeze.

“During that time the demands on schools have only increased. The money will not be enough to meet the needs of all pupils. The government would be wrong to suggest that it is ‘job done’.”

On the announcement, Mr Johnson said: “We’re guaranteeing the minimum level of funding for every pupil in every school so that, with a top class education, our children can go on to become the world’s future innovators, trailblazers and pioneers.”

Gavin Williamson, the education secretary, added: “Putting minimum per pupil funding levels into law for the first time gives schools a cast-iron assurance they will receive the money they need to help every child wherever they live and unlock all of the fantastic opportunities an excellent education provides.”

Judith Blake, chair of the Local Government Association’s (LGA) children and young people board, said: “Continuing to have some flexibility to agree with schools a local funding formula, would allow councils to work with government to produce the best possible outcomes for both schools and pupils and ensure every child gets the best education possible.”
 GREEN CAPITALISM


20 Pledges for 2020: Ethical investment isn't always ethical - here's what you need to consider

I’ve pledged to help people navigate the green investment maze in 2020. There’s no one way through it. But it is a way you can achieve positive change.


James MooreChief Business Commentator @JimMooreJourno

BlackRock CEO Larry Fink has pledged to take action on climate change 

( AFP/Getty )

“Climate change has become a defining factor in companies’ long-term prospects… I believe we are on the edge of a fundamental reshaping of finance,” said Larry Fink, the CEO of BlackRock, the world’s biggest money manager.

Fink’s letter to shareholders generated a great deal of attention and positive comment. Climate change, we were told, is going to be put at the heart of company’s strategy.

It sounds good and it ought to matter. BlackRock oversees assets worth $7tn (£5.4tn). With that comes the power to make its voice heard.

But, to date, BlackRock’s hasn’t been doing that.

I looked at an analysis on how asset managers use their votes, which was conducted by ShareAction, the responsible investment campaign group.
It looked at the votes cast by 57 of the world’s biggest asset managers on a total of 65 proposals designed to speed up corporate action on climate change at big companies. The motions covered emissions reduction targets, climate reporting, governance and corporate lobbying.

All ten of the least supportive voters came from the US including, drum roll please, BlackRock.





A different study, this time by InfluenceMap, another non profit, looked at a variety of different metrics with a view to giving each of the world’s leading fund managers a climate related engagement score.

BlackRock fared slightly better here. It managed a C plus on an A to D scale. That’s better than some of its US peers, but still nothing to write home about.

Then there’s what Majority Action, an American non profit that “empowers shareholders to hold corporations accountable to high standards of corporate governance, social responsibility, and long-term value creation”, had to say in its report on voting behaviour.

“BlackRock and Vanguard (another big US manager) voted for 99 per cent of US large capitalization energy and utility company-proposed directors and 100 per cent of their say on pay proposals.

“BlackRock and Vanguard not only voted with management more often than most of their asset manager peers; they were also more likely to support management at these fossil fuel intensive companies than they did across US equities overall.”

On the flip side, European fund managers come out rather better. Seven out of the top ten identified by ShareAction were European, including all of the top five.

Read more
 
2020 must be the year when businesses step up to tackle climate crisis

In first place was Switzerland’s UBS Asset Management, followed by Germany’s Allianz Global Investors. We then have a trio of UK firms: Aviva Investors in third with Legal & General Investment Management and HSBC Asset Management tied for fourth.

How about InfluenceMap and its grades? L&G, Aviva, UBS and BNP Paribas all got As.

Why is this important?

Most firms that market funds to retail investors have some form of ethical or environmental, social & governance (ESG) screened product to offer because they’re popular and can therefore prove profitable.



But if the rest of a manager’s money is used to support and enable the backward looking bosses of carbon emitters and polluters then it doesn’t really count for much.

If you’re an ethically minded investor, it’s not just the ethical fund and what it does that you need to take into account. It’s the manager and how they use all of the money they manage.

This is not intended as a hagiography. Even the managers that do back climate resolutions could stand to do more. But you’re still better off picking one of those, with a proven record of using their voting clout to achieve positive change, than you are a manager trading in pretty words and promises. 
WATCHING THE IMPEACHMENT
TWO DAYS OF Q & A
WHERE ONE SIDE ANSWERS QUESTIONS ABOUT THE OTHER SIDE PUT TO IT BY THEIR OWN SENATORS

PITY THE PETTY POTUS

President Donald Trump signs USMCA trade deal WITHOUT DEMOCRATS

NAFTA TOO 

Jan. 29 (UPI) -- President Donald Trump signed the new North American trade deal Wednesday in a ceremony that excluded Democrats involved in the United States-Mexico-Canada Agreement.
About 400 farmers, union representatives and company CEOs attended the event on the South Lawn of the White House. House Democrats who were instrumental in obtaining broad bipartisan support to secure the agreement were absent.
Warren proposes criminal penalties for election disinformation
By Danielle Haynes


Sen. Elizabeth Warren, D-Mass., promised her presidential campaign won't knowingly involve itself in spreading false information or doctored images. Photo by Pete Marovich/UPI | License Photo

Jan. 29 (UPI) -- Democratic presidential candidate Sen. Elizabeth Warren on Wednesday proposed implementing criminal and civil penalties for spreading election-related disinformation.

She laid out multiple ways she, as president, would work to stop the spread of false information online, specifically on social media. The plan comes after multiple U.S. intelligence agencies and special counsel Robert Mueller determined Russia attempted to interfere in the 2016 U.S. presidential election, mostly through the use of social media.

"As the 2020 election approaches, Russian disinformation is not the only threat we face online," Warren said in a news release. "The same tactics employed by the Russian government are just as easily accessible to domestic groups seeking to promote or oppose candidates and political or social issues."

Earlier this month, the elections czar of the Office of the Director of National Intelligence warned that Russia won't be the only concern in the 2020 election -- China, Iran, North Korea and non-state "hacktivists" will also target American voters. Shelby Pierson said this year's efforts will be more sophisticated.

Among the key elements in her plan is to hold technology companies -- Facebook, Twitter, Google, TikTok and Reddit -- responsible for their roles in spreading disinformation. She called on each to take steps to fight false information by working with the government to share resources, clearly label state-created content, alert users to disinformation campaigns, create consequences for accounts that interfere with voting and open up data for research purposes.

Warren also called for clear consequences for those responsible for spreading disinformation.

"In both the 2016 and 2018 elections, online disinformation sought to depress voter turnout by telling people they could vote via text, giving people the wrong date for election day, and more," Warren said. "I will push for new laws that impose tough civil and criminal penalties for knowingly disseminating this kind of information, which has the explicit purpose of undermining the basic right to vote."

For her own part, Warren promised her campaign won't knowingly spread false information or doctored images, promote content from fraudulent online accounts or allow staff or surrogates to do so.

"The stakes of this election are too high -- we need to fight the spread of false information that disempowers voters and undermines democracy. I'll do my part -- and I'm calling on my fellow candidates and big tech companies to do their part too."

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THE BRONFMAN SISTERS
Former Nxivm members accuse leadership of psychological, financial abuse

By Daniel Uria

Jan. 29 (UPI) -- A federal lawsuit in New York accuses Nxivm founder Keith Raniere of conducting illegal psychological experiments on members and operating as a pyramid scheme.

The lawsuit was filed by more than 80 alleged victims who said they experienced physical, emotional and financial abuse at the hands of Raniere and 14 other associates of the purported self-help group.

Nxivm programs involved two components including "a self-esteem eroding curriculum designed to break down students' resistance to Raniere's and Nancy Salzman's radical reframing of ethics, morality and gender roles and relations among other things," according to the lawsuit.

The second component involved "an inherently dangerous form of psychotherapy called 'Exploration of Meaning' (EM), which was administered by so-called EM Practitioners (EMPs), all of whom were unqualified to practice psychoanalysis, psychology or mental health counseling."

Some Nxivm members were subjected to illegal procedures including a "human fright experiment" where they were "subjected to scenes of escalating violence including actual, extremely graphic footage of the brutal beheading and dismemberment of five women in Mexico," after being told they would watch a video of a talk from Raniere.

The lawsuit also details allegations of fraud, stating that Nxivm's leaders drew from "methods used in pyramid schemes" to take people's money and make it "physically and psychologically difficult, and in some cases impossible, to leave the coercive community."

Plaintiffs alleged that more than 16,000 people took Nxivm courses but fewer than 100 ever saw earnings from its businesses and fewer than 25 received substantial earnings within Nxivm.

"Most of the earnings were received by the small group collectively known within the organization as the 'Inner Circle," the lawsuit states.

Raniere, 58, was convicted on one count each of racketeering, racketeering conspiracy, wire fraud conspiracy, forced labor conspiracy, sex trafficking, sex trafficking conspiracy and attempted sex trafficking in a lawsuit that said he conducted a scheme to force women into a sexual slavery cult.

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