In our latest Alert Insight post, we share an alert our system generated last week that would be relevant to anyone watching the #manufacturing, #industrials and #materials industries.
On Tuesday, January 16, 2024, we learned at 9:24 AM EST from Agence France Presse (AFP) that the French Court of Cassation validated the lawsuit of “complicity in crimes against humanity” filed against Lafarge, a French cement company now part of the Holcim Group. This could be viewed as old news, since the lawsuit was filed in 2016, and in October 2022, Lafarge pleaded guilty in a US Federal court and agreed to pay $778M in fines. However, Lafarge is the first company in the world to be charged with “complicity in crimes against humanity,” and the French Court of Cassation has final say in confirming the charge.
Link: https://lnkd.in/eXpvS7xe
This news impacts the Holcim Group, but potentially all companies which have funded dubious groups – directly or indirectly – in order to continue to do business in difficult locations. In the current tug of war for influence in #Africa and the #MiddleEast, this judgment will have a geopolitical impact that will reverberate for years.
Read more about Causality Link’s alerts in our new blog post, “A Predictive Edge: Harnessing the Anticipatory Power of Causality Link’s Market Alerts System”: https://lnkd.in/eZ3Gw2wm
Causality Link has brought together causal, neuro-symbolic and generative AI to detect market-moving trends – right as they emerge. Contact us today for a custom demo and to learn more about how our tools can enhance your workflows, help you capture alpha and stay informed about the world around you.
