El Confidencial has reported that the United States Embassy in Spain is requiring its contractors to certify that they do not apply any “diversity, equity, and inclusion” policies, claiming that they violate US anti-discrimination law.
In principle this will only affect companies that also operate in the United States, and thus will primarily impact multinationals. But as companies with more than 50 employees in Spain are required to have an Equality Plan, the restriction either requires them to give up significant US government contracts or ignore Spanish law.
El Confidencial has reported that the United States Embassy in Spain is requiring its contractors to certify that they do not apply any “diversity, equity, and inclusion” policies, claiming that they violate US anti-discrimination law.
In principle this will only affect companies that also operate in the United States, and thus will primarily impact multinationals. But as companies with more than 50 employees in Spain are required to have an Equality Plan, the restriction either requires them to give up significant US government contracts or ignore Spanish law.
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Emerson Brooking, a disinformation expert at the Atlantic Council's Digital Forensic Research Lab, said: "Back in the Wild West period of content moderation, like 2014 or 2015, maybe they could have gotten away with it, but it stands in marked contrast with how other companies run themselves today." And while money initially moved into stocks in the morning, capital moved out of safe-haven assets. The price of the 10-year Treasury note fell Friday, sending its yield up to 2% from a March closing low of 1.73%. In December 2021, Sebi officials had conducted a search and seizure operation at the premises of certain persons carrying out similar manipulative activities through Telegram channels. Following this, Sebi, in an order passed in January 2022, established that the administrators of a Telegram channel having a large subscriber base enticed the subscribers to act upon recommendations that were circulated by those administrators on the channel, leading to significant price and volume impact in various scrips. On Telegram’s website, it says that Pavel Durov “supports Telegram financially and ideologically while Nikolai (Duvov)’s input is technological.” Currently, the Telegram team is based in Dubai, having moved around from Berlin, London and Singapore after departing Russia. Meanwhile, the company which owns Telegram is registered in the British Virgin Islands.
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