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Faith-based and Socially Responsible Shareholders Call on Google to Pay Fair Share of Taxes April 8th, 2014
The Missionary Oblates co-filed with ethical investor Domini Social Equity fund, in a shareholder resolution calling on the multinational firm Google to pay its fair share of US taxes. NEI Investments LP, Robert Burnett, and Investor Voice, SPC joined as co-filers. Google recommended a vote against the shareholder proposal, which argues that “Google’s tax practices have come under scrutiny in the United Kingdom and France, leading to regulatory pressures and reputational damage.” The shareholder proposal cited as one of its arguments for the proposal, a Bloomberg article headed “Google cuts billions off its tax bill each year by sending profits through Ireland to a mailbox in Bermuda.”
The proposal stated, “Although most Google engineers are US-based, where much of product development takes place, Google’s intellectual property is held in Bermuda, which does not levy corporate taxes.” It went on to state: ‘Tax haven’ jurisdictions are characterized by low tax rates, financial secrecy and light regulation. Tax havens facilitate financial opacity and illegal activities including tax evasion and money laundering.”
The proposal has received coverage in The Sunday Times in London and the Independent.ie an Irish news source. Although it is not expected to pass, the proposal will once again attract attention to Google’s low tax outlay against multibillion revenues.
Philippine-MILF Peace Treaty Signed April 3rd, 2014
President Benigno Aquino meets with rebel Moro Islamic Liberation Front leaders before the signing of a peace agreement in Manila on Thursday (photo by Ryan Lim/Malacañang Photo Bureau)
The Philippine government and the rebel Moro Islamic Liberation Front signed a peace agreement on March 27th that aims to formally end four decades of war in the southern Philippines region of Mindanao. The conflict killed more than 100,000 people.
The result of 17 years of negotiations, the “Comprehensive Agreement on the Bangsamoro” has been described by government peace negotiators as a “partnership” based on “shared aspirations to heal the wounds of conflict, enable meaningful autonomy for the Bangsamoro, and nurture peace and development in Muslim Mindanao.”
The peace agreement foresees the creation of an autonomous region for the Muslim population to be located in the southern Mindanao region. It will have a power-sharing agreement with the central government, allowing its own leadership to control most of its own natural resources and revenues. Elections are to be held there by mid-2016.
OEI Celebrates Earth Hour March 30th, 2014
Oblates and friends at the Oblate Ecological Initiative at La Vista celebrated Earth Hour, a worldwide movement organized by the World Wide Fund for Nature (WWF) to recognize the importance of energy conservation and actions to protect Earth.
The international event is held annually to encourage individuals, communities, households and businesses to turn off their non-essential lights for one hour, from 8:30 to 9:30 p.m. on the last Saturday in March, as a symbol for their commitment to the planet
The group at La Vista sang the a night prayer around the camp fire – “Lights Out La Vista – Night Prayer” (Download PDF)
UN HR Council Mandates Sri Lanka War Crimes Investigation March 28th, 2014
The UN Human Rights Council adopted a resolution mandating an international inquiry into allegations of major human rights violations in Sri Lanka during the last seven years of the war, with 23 countries voting in favor of the document in the 47-nation strong body. While 12 countries including Pakistan, Maldives, Cuba, Venezuela, China, Russia voted against the Resolution, 12 member-states abstained from voting, including India and Indonesia.
The Resolution that passed this year’s session of the HR Council is stronger than those of previous years, largely due to the recent report on Sri Lanka by Navi Pillay, the UN High Commissioner for Human Rights. Her report concluded that the Lessons Learned and Reconciliation Commission (LLRC), which identified the need to ensure independent and credible investigations into past violations of international human rights and humanitarian law, had failed in this. The UN estimated that 40,000 people – mostly Tamil civilians – were killed in the final stages of the war. Other estimates run as high as 80,000. Both sides have been accused of war crimes.
The International Crisis Group, the Chair and CEO of which is Louise Arbour, former UN High Commissioner for Human Rights, asserts that the “… government of Sri Lanka (GoSL) has failed to comply with two successive Human Rights Council (HRC) resolutions. Failure is most obvious with respect to accountability for alleged war crimes and crimes against humanity in the final phase of the civil war, but also by the lack of devolution of power, ongoing militarisation of the north and east, and deepening authoritarianism throughout the country. Decisive HRC action now is required in light of GoSL’s repeated failures to undertake the necessary steps alone; it is necessary also in order to decrease the risk of a return to deadly conflict in Sri Lanka.”
Read the resolution here…
The Pope and President Obama Discuss Common Commitment to Eradicate Trafficking March 27th, 2014
The Vatican Press Office released a statement regarding Thursday morning’s meeting between Pope Francis and U.S President Barack Obama. The statement notes that the two leaders discussed “current international themes” and expressed the hope that “in areas of conflict there would be respect for humanitarian and international law and a negotiated solution between the parties involved.”
The statement goes on to say that in the context of bilateral relations between the U.S. and the Holy See, the Pope and the President discussed “questions of particular relevance for the Church in that country, such as the exercise of the rights to religious freedom, life and conscientious objection, as well as the issue of immigration reform.”
Finally the statement notes that Pope Francis and President Obama spoke of a “common commitment to the eradication of human trafficking. Text from the Vatican Radio website.
