POSCO E&C posted a sharp Q2 operating loss and halved cash reserves amid aggressive expansion and rising costs, as fatal site accidents raise concerns over financial stability and brand value.
#YonhapInfomax #POSCOEC #OperatingLoss #FatalAccidents #CashReserves #FinancialStability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78211
Was Deteriorating Management Behind Fatal Accidents at POSCO E&C?

POSCO E&C posted a sharp Q2 operating loss and halved cash reserves amid aggressive expansion and rising costs, as fatal site accidents raise concerns over financial stability and brand value.

Yonhap Infomax
President Lee signals potential adoption of punitive damages to address recurring fatal accidents, underscoring South Korea's push for stricter corporate accountability.
#YonhapInfomax
#PresidentLee #PunitiveDamages #FatalAccidents #CorporateAccountability #SouthKorea
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74254
President Lee Considers Introducing Punitive Damages for Habitual and Repeated Fatal Accidents

President Lee signals potential adoption of punitive damages to address recurring fatal accidents, underscoring South Korea's push for stricter corporate accountability.

Yonhap Infomax
South Korean government to resume publishing list of construction companies with fatal accidents, aiming to reduce fall-related deaths by 10% annually through enhanced safety measures and regulations.
#YonhapInfomax #ConstructionSafety #FatalAccidents #FallPrevention #SafetyRegulations #WorkplaceSafety #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=52401
Government to Reinitiate Disclosure of Construction Companies Involved in Fatal Accidents

South Korean government to resume publishing list of construction companies with fatal accidents, aiming to reduce fall-related deaths by 10% annually through enhanced safety measures and regulations.

Yonhap Infomax

Killer roads

Where is the infrastructure where one does not have to be propelled by fossil fuel at high speed?
Each (new) road should have a shady and separated cycling and walking infrastructure factored in.
Wildlife crossings all along the way.

Australia’s road toll continues to rise with 37 additional people killed in 'accidents' compared to the previous 12 months, despite a nationwide target to halve road deaths by 2030.

“The rising road toll came despite a National Road Safety Action Plan target to halve deaths by 2030 and cut serious transport injuries by 30%. In 2023, Australia is unable to adequately quantify the extent of road trauma, or the effectiveness of interventions being deployed to reduce it.”

https://www.theguardian.com/australia-news/2023/jul/23/australias-road-toll-continues-to-rise-with-most-states-falling-behind-safety-goals

#FatalAccidents #RoadToll #RoadDeaths #RoadTrauma #IntegralAccident #speed #RoadSafety #VisionZero #failure #wildlife #roadkill #NorthBankRoad #so50s #NSW #climate #FossilFuel #mobility #carnage #infrastructure #risks #sacrifice

Australia’s road toll continues to rise with most states falling behind safety goals

Victoria recorded the biggest increase in road deaths in the last year, followed by NSW

The Guardian