Shell IT Centre Bengaluru

Shell IT Centre Bengaluru

Jun 5th, 2015 

by John Donovan. 

No comments yet

Article by  BusinessInsider.in published 5 June 2015 under the headline:

Coming up! The Shell IT Centre Bengaluru

Global energy giant Shell has chosen Bengaluru for setting up its largest captive unit or global offshore delivery centre. The unit would provide more than 5,000 jobs in the Silicon Valley.

As per an Economic Times report, the new in-house global information technology centre, The Shell IT Centre Bengaluru, would be used to provide IT services to Shell’s businesses including upstream oil and gas production, marketing and other projects.

“The company has a large IT set-up in Malaysia, US and UK and will be moving all its global IT jobs to Bengaluru,” said two people in direct knowledge of the development.

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Posted in: India, Royal Dutch Shell Plc.
Tagged: Royal Dutch Shell Plc

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Will China’s Ministry Of Commerce Block Shell-BG Deal?

Will China’s Ministry Of Commerce Block Shell-BG Deal?

Jun 5th, 2015 

by John Donovan. 

No comments yet

Jun. 4, 2015 3:15 PM ET

Will China’s Ministry Of Commerce Block Shell-BG Deal?

Summary

• Shell-BG deal is likely to face most scrutiny in China.
• MOFCOM is likely to approve the merger with conditions.
• These conditions could involve both structural and behavioral remedies.

Ever since Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B)announced to acquire BG Group’s (OTCPK:BRGXF) natural gas assets and deep-water oil fields in a $70 billion deal, there have been concerns that the deal may be delayed, if not blocked, due to prolonged scrutiny from regulators around the world. While the deal could face potential hurdles in EU, Australia, China, and Brazil, I think it is unlikely to be blocked by any country. However, I think China is likely to raise majority of the concerns and therefore, I’m going to focus on China in this article.

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Posted in: Ben van Beurden, BG Group, Bidness Etc, China, Gas, LNG, Royal Dutch Shell Plc, Shell.
Tagged: Ben van Beurden · BG Group · China · Gas · Royal Dutch Shell Plc · Seeking Alpha · Shell

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Shell’s former chair calls fossil fuel divestment ‘rational’

Shell’s former chair calls fossil fuel divestment ‘rational’

Jun 5th, 2015 

by John Donovan. 

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Shell’s former chair calls fossil fuel divestment ‘rational’

By Steve Hargreaves: 4 June 2015

The former chairman of Royal Dutch Shell said selling oil stocks is a “rational” response to the failure of the oil industry to take meaningful action on climate change.

He is the latest to lend support to the growing campaign for investors to dump shares of fossil fuel companies.

“Divestment is a rational approach,” Mark Moody-Stuart was quoted by the Guardian as saying during a recent dinner in London. “If you think your money can be used somewhere else, you should switch it. Selective divestment or portfolio-switching is actually what investors should be doing.”

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Posted in: Alternative Energy, Alternative Fuels, Climate Change, CNNMoney.com, Oil,Royal Dutch Shell Plc, Shell.
Tagged: Global Warming · Mark Moody-Stuart · Royal Dutch Shell Plc · Shell

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What if Congress restored the estate tax to the level it was in the late 1990s?

Dear friend,

To prevent the rise of a new aristocracy, we need to raise the estate tax—a tax on inherited wealth. And we need to do it now.

The richest 1 percent of Americans hold 42 percent of our nation's wealth.¹ We haven't seen this concentration of wealth since the Gilded Age of the late 1800s. Raising the estate tax on the wealthiest Americans is one way to fight back against growing inequality.

Yet some lawmakers in Congress actually want to eliminate the tax on inherited wealth.

Well, that's just crazy.   What if Congress restored the estate tax to the level it was in the late 1990s? Watch Raise the Estate Tax to see how much revenue that would generate, and what that new revenue stream could fund. 

Raise the Estate Tax is the latest in the "Big Picture" series I'm working on with MoveOn. And MoveOn members will campaign together on the ideas that we're all most excited about.

If you believe we need to tackle growing inequality—and we need to do it now—you won't want to miss watching and sharing this video.

Thanks for all you do.

–Robert Reich

P.S. This is the eighth idea in our "Big Picture" series. In case you missed the first seven, once you've watched Raise the Estate Tax, be sure to check out the rest of the videos. Remember, by watching and then sharing individual "Big Picture" videos, you're showing that you're excited about a particular idea—which will help us hone in on what to work on in the coming months.

Source:

1. "How Unequal We Are: The Top 5 Facts You Should Know About The Wealthiest One Percent Of Americans," Think Progress, October 3, 2011
http://www.moveon.org/r?r=304637&id=118938-19913724-VSBzoJx&t=2 

The TRUTH will set you FREE.

What if Congress restored the estate tax to the level it was in the late 1990s?

Dear friend,

To prevent the rise of a new aristocracy, we need to raise the estate tax—a tax on inherited wealth. And we need to do it now.

The richest 1 percent of Americans hold 42 percent of our nation's wealth.¹ We haven't seen this concentration of wealth since the Gilded Age of the late 1800s. Raising the estate tax on the wealthiest Americans is one way to fight back against growing inequality.

Yet some lawmakers in Congress actually want to eliminate the tax on inherited wealth.

Well, that's just crazy.   What if Congress restored the estate tax to the level it was in the late 1990s? Watch Raise the Estate Tax to see how much revenue that would generate, and what that new revenue stream could fund. 

Raise the Estate Tax is the latest in the "Big Picture" series I'm working on with MoveOn. And MoveOn members will campaign together on the ideas that we're all most excited about.

If you believe we need to tackle growing inequality—and we need to do it now—you won't want to miss watching and sharing this video.

Thanks for all you do.

–Robert Reich

P.S. This is the eighth idea in our "Big Picture" series. In case you missed the first seven, once you've watched Raise the Estate Tax, be sure to check out the rest of the videos. Remember, by watching and then sharing individual "Big Picture" videos, you're showing that you're excited about a particular idea—which will help us hone in on what to work on in the coming months.

Source:

1. "How Unequal We Are: The Top 5 Facts You Should Know About The Wealthiest One Percent Of Americans," Think Progress, October 3, 2011
http://www.moveon.org/r?r=304637&id=118938-19913724-VSBzoJx&t=2 

The TRUTH will set you FREE.

Bernie Sanders Wants to Win Over the "Run Warren Run" Movement

 By Zeeshan Aleem  June 04, 2015

The "Run Warren Run" campaign announced Tuesday it will suspend its efforts to draft Sen. Elizabeth Warren (D-Mass.) into the 2016 presidential race, whose constant insistence that she has no interest in running for president seems to have finally taken hold. And Sen. Bernie Sanders (I-Vt.) is already showing signs he wants to recruit the campaign's 365,000 supporters into backing his own bid for the Democratic presidential nomination.

On Tuesday, Sanders called the executive director of Democracy for America, which partnered with MoveOn to oversee the Run Warren Run campaign, after it announced its decision to suspend operations. News of the call was first reported by the Hill, which noted that neither front-runner Hillary Clinton nor former Maryland Gov. Martin O'Malley had been in touch with the group.

Sanders "congratulated DFA members and the whole team on what we did with the Run Warren Run campaign — not just building this campaign to get Warren in the race, but building a movement of folks around the country who are committed to seeing Warren's populist progressive message at the very center of the 2016 debate," Neil Sroka, Democracy for America's communications director, told Mic.

Sanders' appeal as a presidential candidate has tripled in recent months in the crucial caucus state of Iowa, but in order to close the daunting gap between himself and Clinton he will need considerable organizational firepower — undoubtedly something that was on his mind when he reached out to Democracy for America. At the moment, the group is making no commitments. The Sanders campaign declined to comment when reached by Mic.

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Bernie Sanders Rips Republicans For Cutting Social Security For 1 Million Disabled Veterans

Bernie Sanders Rips Republicans For Cutting Social 
Security For 1 Million Disabled Veterans

By: Jason Easley  Friday, January, 16th, 2015, 1:23 pm

At a press conference today, Sen. Bernie Sanders (I-VT) shredded the Republican budget plans while taking Republicans to task for cutting Social Security benefits for 1 million disabled veterans.

During the press conference, Sen. Sanders said:

I must say that the budget passed last year by the Republican House which called for massive cuts in Medicare,Medicaid, education, nutrition, affordable housing, and other programs impacting the lives of working Americans, while providing huge tax breaks for the wealthy and large corporations, is a budget approach which moves us in exactly the wrong direction. And, needless to say, I will do everything that I can to oppose a similar type of budget if that is what the Republicans will be proposing this year.
….

So, here we are. The middle class is in decline. Millions of seniors are struggling to pay for their food, their medicine and their heat. On the very first day of Congress, the Republicans in the House made a change in its rules that could lead to a 20 percent cut in Social Security disability benefits for 11 million Americans, including 2 million children, over a million veterans, and over 150,000 surviving spouses. In other words, in the midst of massive wealth and income inequality, the Republicans want to make massive cuts in a program that benefits some of the most vulnerable people in this country.

….

Let’s be clear, what the Republican plan is. What they are saying is that either there will be cuts to the disability program, or if that fund is to be replenished, the money will have to come from cuts to Social Security retirement benefits. And, House Budget Chairman Price is already talking about including Social Security cuts in the Budget Resolution that he will be writing. Needless to say, that is totally unacceptable. When we talk about Social Security today what we should be talking about is expanding benefits not cutting benefits. And, I and other members of the Senate are working on legislation to do just that. And, at a time when multimillionaires pay the same amount of money into the Social Security Trust Fund as someone making $118,500 that cap on taxable income must be raised.READ MORE

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The Real Fault of San Andreas Is How It Maligns Californians

The Real Fault of San Andreas Is How It Maligns Californians Joe Mathews: Even this jaded journalist was shaken by the cynicism in Hollywood's latest disaster movie. READ MORE shared from

FRIDAY, 5 JUNE 2015 What Kind of Mayor Was Bernie Sanders? Peter Dreier and Pierre Clavel: In his eight years as mayor of Burlington, Vermont, Bernie Sanders revitalized the economy and solidified support for progressive municipal policies. READ MORE Friend on Facebook Follow on Twitter Forward to a Friend Ending Solitary Confinement for Youth Angela M. Chung:Rosemary, a trauma survivor with a history of depression and suicide attempts, was placed in solitary confinement for six weeks before her suicide. She repeatedly asked to see her counselor but was ignored. READ HERE Celebrating New Surveillance Program Too Soon Norman Solomon: Has Congress just created sweeping new authorities for the government to conduct unconstitutional mass surveillance of Americans? READ MORE The Real Fault of San Andreas Is How It Maligns Californians Joe Mathews: Even this jaded journalist was shaken by the cynicism in Hollywood's latest disaster movie. READ MORE What's Up (or Down) with Pacifica? Grace Aaron: For over 60 years, Pacifica stations have spoken out bravely on issues that are controversial, challenge corporations and political parties, and give voice to ideas outside of the mainstream. READ HERE

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Republican Nightmare Bernie Sanders Exposes GOP Social Security Killing Dreams on National TV

Republican Nightmare Bernie Sanders

Exposes GOP Social Security Killing Dreams 

on National TV

By: Jason Easley

more from Jason Easley

Thursday, June, 4th, 2015, 3:23 pm

Bernie Sanders is becoming a daily nightmare for Republicans. Sen. Sanders went on CNN today and cut through the Republican double talk by letting the entire country know the GOP plan for killing Social Security.

On CNN’s Wolf, Sanders said, Look, what Perry and these other guys are talking about, this is the decade-long attack on Social Security by the Republican Party. They want to privatize it eventually. They want to make cuts. We have millions of seniors struggling twelve, thirteen, fourteen thousand dollars a year. I will not accepting cutting Social Security.”

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