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Human Times
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Risk Channel
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Accountancy Slice
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Legal Slice UK
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Recent Editions

North America
Human Times
Air Canada began suspending flights on Thursday after the union representing its flight attendants issued a 72-hour strike notice. Canada's largest airline warned passengers without confirmed flights to not go to the airport, as suspensions will continue through that period. The Canadian Union of Public Employees (CUPE), which represents 10,000 Air Canada attendants, provided a strike notice on Wednesday after an impasse in contract talks. It said it has bargained in good faith but the company "refused to address" core issues, including proposals on wages and unpaid work. Air Canada's Chief Human Resources Officer Arielle Meloul-Wechsler said the carrier was "available to bargain at any time on the condition that the negotiation has substance."
Full Issue
UK
Human Times
HSBC is to boost surveillance of staff and buildings by adding more cameras and biometric access to its premises globally. Access to the bank's top-tier buildings, including in the UK and the US, is to be based on biometric verification, including full-hand recognition. Access can also be "digital," with staff expected to use their own mobile phones to badge in, according to a presentation document seen by Reuters. An HSBC representative said: "We regularly risk assess every building and dependant on the identified risk and vulnerabilities, we continue to invest in the latest cutting-edge technology to safeguard our colleagues, customers and visitors in line with industry standards."
Full Issue
USA
Education Slice
A federal judge has overturned two actions from the Trump administration that sought to eliminate diversity, equity, and inclusion (DEI) programs in schools and universities. U.S. District Judge Stephanie Gallagher ruled that the Education Department acted unlawfully by threatening to withdraw federal funding from institutions that maintained DEI initiatives. This decision followed a lawsuit filed by the American Federation of Teachers and the American Sociological Association, which challenged the government's directives. The case focused on memos from the Education Department mandating an end to “race-based decision-making” under the threat of losing federal support, a move framed by the Trump administration as a means to prevent discrimination against white and Asian American students.
Full Issue
USA
Accountancy Slice
The IRS has decided to discontinue its $500,000 annual contract for self-service kiosks at Taxpayer Assistance Centers due to poor performance and declining usage. The TIGTA reported that only 55 out of 100 kiosks were operational as of August 2024, with taxpayer usage plummeting from over 80,000 in 2017 to just 4,600 in early 2024. Kenneth Corbin, chief of the IRS's Taxpayer Services Division, said: "The aging equipment no longer met service expectations or supported the needs of taxpayers." The IRS plans to explore more modern self-service options for taxpayers, as it also faces staffing reductions and potential closures of 110 Taxpayer Assistance Centers.
Full Issue
Scotland
Legal Matters Scotland
The number of potential victims of modern slavery referred to the Home Office has reached a record high. In the quarter from April to June 2025, 5,690 individuals were referred, marking a 32% increase from the same period last year. UK nationals comprised 23% of referrals, the highest number since the National Referral Mechanism began in 2009. It was also shown that almost three-quarters of all referrals (74%) were male. Anti-Slavery Commissioner Eleanor Lyons said the figures "show that a record number of victims of modern slavery are being exploited." She added: "Shockingly, a record number of young boys are being exploited and more UK nationals are victims of modern slavery than ever before." The Government aims to address a backlog of cases awaiting decisions by December 2026, with it shown that 11,547 cases had been issued a positive initial decision, but were awaiting a final conclusive grounds decision.
Full Issue
North America
Legal Slice
An Arkansas Federal District Court has ruled unconstitutional a state law mandating public schools to display a 16-by-20-inch poster of the King James version of the Ten Commandments. The court emphasized that the law violated the Establishment Clause of the Constitution, which prohibits the government from establishing a religion. The plaintiffs, including Jewish, Unitarian, atheist, and agnostic individuals, argued that the displays imposed a Christian interpretation of the Ten Commandments, conflicting with their beliefs. The court noted that the displays were not "passive" and forced students to engage with religious content. The ruling referenced a 1980 U.S. Supreme Court decision that invalidated a similar Kentucky statute, highlighting that the Ten Commandments encompass both religious duties and secular matters. The court criticized Arkansas's defense of the law as "intellectually dishonest," saying that the law was part of a broader strategy to introduce Christian doctrine into public education.
Full Issue
Europe
Risk Channel
No consensus has been reached during talks in Geneva on the world's first legally binding treaty to tackle plastic pollution, delegates said this morning. "South Africa is disappointed that it was not possible for this session to agree a legally binding treaty and positions remain far apart," its delegate told a closing meeting of the negotiations early on Friday. Talks between nations to reach a treaty to end plastic pollution continued behind closed doors in Geneva yesterday evening, the final day of negotiations, as civil society groups called on countries to secure a strong agreement. Negotiations then went into overtime, and ran into Friday.
Full Issue
North America
CFO Slice
A report by Moody's Ratings reveals that U.S. companies are increasingly requesting more flexible covenants in their credit agreements. This allows borrowers, particularly those with weaker credit profiles, to raise debt without full consent from existing lenders. Moody's noted that such changes could increase debt loads by 40% to 300% of EBITDA. The report highlighted that 10% of credit agreements from early 2024 to May 2025 involved private equity-backed borrowers seeking these terms. Moody's said: "Borrowers are gaining unfettered access to debt, even in financial distress."
Full Issue