Italy’s highest appeals court has ordered the government to compensate a group of migrants stranded at sea in 2018 due to Matteo Salvini’s anti-migration policies. The Cassation court ruling overturned a previous decision and instructed the government to pay for damages inflicted on the migrants, with the case now returned to an ordinary court to determine the compensation amount. Salvini and Meloni criticized the decision, with Salvini calling it “absurd” and Meloni arguing that it unfairly burdens Italian taxpayers.
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Assault on proxy advisers is an attack on the rights of asset owners
Proxy advisory firms in the US are facing significant backlash, including congressional hearings and regulatory pressures, with critics accusing them of undue influence and ideological overreach. In contrast, Europe supports these firms as integral to shareholder rights, exemplified by the European Commission's actions against Italy for undermining shareholder governance, raising questions about corporate accountability and the rights of asset owners. Need More Context? 🔎
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