Roula Khalaf, Editor of the FT, highlights stories in this newsletter, including Darren Walker’s struggle to secure shareholder support at Ralph Lauren, joining the ranks of “zombie” board members who lack majority backing. This governance issue has sparked concerns among investors about weakening shareholder rights globally, with Vanguard and TRowePrice emphasizing the importance of strong accountability and disclosure. The prevalence of zombie directors in the US, due to plurality board elections, contrasts with stricter standards in other markets, prompting calls to maintain high governance standards to prevent a race to the bottom.
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US imposes restrictions on Thai officials for deporting Uyghurs to China
The Unlock the White House Watch newsletter discusses US visa restrictions on Thai officials involved in forced repatriation of Uyghur Muslims to China, in support of persecuted groups. Secretary of State Marco Rubio condemns China's actions against Uyghurs and urges other governments not to facilitate repatriations. The move signals President Trump's stance on human rights violations in China and potential implications for negotiations with President Xi Jinping. Full Article
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