Lloyd's reparations response sparks anger in India, Global South
The Daily Guardian|November 20, 2023
The apparently pitiful response, just the other day, by the giant of Britain’s Lloyd’s banking and insurance group on reparations on slavery should put Indians and much of the Global South in a near, if not full fury. And there seems to be no recognition by such slave and colonial legacy possessing British corporations of so much Indian indenture, slavery by another name that their organizations were connected to.
PETER DASH

So the “small change” of Lloyd’s announced of 70 million dollars, essentially to deal with its legacy on the transatlantic slave trade seems to just “spit” against the “storm” descending on the West about properly and substantively dealing with this issue. That is considering the billions, Lloyd’s made, if not the trillions the overall West extracted from so much exploitation in the Global South. After all, in a recent UN report, presented by Patrick Robinson, he stated that the amount globally for reparations should be in the many, many trillions of dollars.

So what do key British media even say about this dominant insurance leviathan? “Lloyd’s of London has been accused of ‘reparations washing’ over its response to an academic review that lays bare its ‘significant role’ in making the transatlantic slave trade possible.” (UK, Guardian)

Well, some might say 70 million dollars is at least a start to British finance owning up to its guilt. But again, it seems hardly enough and the same of the overall, UK based financial community that seems to owe India a lot, including on washing billions of Indian fraudsters’ money.

Given Lloyd’s being a bastion “monument” to the British establishment, past and present what is one to conclude about certain “Old Boys” elites with such ideas and/or decisions connected to such reparation penury, while often overly supporting some very nasty geopolitics and financial chicanery. Any coincidence?

この記事は The Daily Guardian の November 20, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Daily Guardian の November 20, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

THE DAILY GUARDIANのその他の記事すべて表示
Jakhar quits as Punjab BJP chief
The Daily Guardian

Jakhar quits as Punjab BJP chief

Punjab BJP President Sunil Jakhar on Friday offered his resignation, taking responsibility for the BJP’s poor performance in the state.

time-read
1 min  |
November 15, 2024
The Daily Guardian

F1 extends contract with Monaco GP till 2031

Ferrari driver Charles Leclerc won this year, becoming the first local to win the grand prix.

time-read
1 min  |
November 15, 2024
The Daily Guardian

Lomror puts IPL franchises on alert with blazing triple ton ahead of mega auction

Rajasthan's Mahipal Lomror put the IPL franchises on alert ahead of the mega auction with a sensational triple hundred comprising a staggering 13 sixes and 25 fours in their Ranji Trophy Group B match against Uttarakhand here on Thursday.

time-read
1 min  |
November 15, 2024
'Happy to score a century in Centurion'
The Daily Guardian

'Happy to score a century in Centurion'

Tilak Varma reflected on his recent century at Centurion, while captain Suryakumar Yadav praised the young cricketer for his performance and dedication.

time-read
2 分  |
November 15, 2024
Hockey: Indian women thrash Thailand 13-0 in Asian Champions Trophy
The Daily Guardian

Hockey: Indian women thrash Thailand 13-0 in Asian Champions Trophy

India mauled minnows Thailand 13-0 to register their third consecutive win at the women's Asian Champions Trophy hockey tournament here on Thursday.

time-read
1 min  |
November 15, 2024
Baroda inflict innings defeat on Meghalaya in Ranji match
The Daily Guardian

Baroda inflict innings defeat on Meghalaya in Ranji match

Left-arm spinner Ninad Rathva came up with career-best match figures as Baroda crushed Meghalaya by an innings and 261 runs in under two days to earn a bonus point in their Ranji Trophy Group A match here Thursday.

time-read
1 min  |
November 15, 2024
Ranji Trophy: Stumper Kushagra's brisk ton takes Jharkhand to 356/9 vs Delhi
The Daily Guardian

Ranji Trophy: Stumper Kushagra's brisk ton takes Jharkhand to 356/9 vs Delhi

Promising wicketkeeper-batter Kumar Kushagra struck a breezy unbeaten 133 to steer Jharkhand to 356 for 9 on the second day of their Ranji Trophy Group D match against Delhi here on Thursday.

time-read
2 分  |
November 15, 2024
Maxwell becomes third Australian to complete 10,000 T20 runs
The Daily Guardian

Maxwell becomes third Australian to complete 10,000 T20 runs

Star Australian all-rounder Glenn Maxwell completed 10,000 runs in T20 cricket, becoming only the third Australian and overall 16th player to do so.

time-read
1 min  |
November 15, 2024
SHAMI TAKES FOUR-WICKET HAUL DURING COMPETITIVE CRICKET RETURN
The Daily Guardian

SHAMI TAKES FOUR-WICKET HAUL DURING COMPETITIVE CRICKET RETURN

Pacer will be eyeing a comeback to Team India ahead of ICC Champions Trophy and IPL in 2025

time-read
2 分  |
November 15, 2024
The Modern Relevance of an Ancient Hero: A Review of 'Rama: A Man of Dharma'
The Daily Guardian

The Modern Relevance of an Ancient Hero: A Review of 'Rama: A Man of Dharma'

Priya Arora's Rama: A Man of Dharma, published by Penguin India, is a fresh and engaging retelling of the ancient Indian epic, the Ramayana.

time-read
2 分  |
November 15, 2024