Latest news with #NPM
Scoop
5 days ago
- Politics
- Scoop
Peru: UN Experts Raise Concern Over Juvenile Detention In Adult Prisons
GENEVA (26 June 2025) – UN torture prevention experts, at the close of a week-long visit to Peru, have expressed concern over severe prison overcrowding, the widespread use of pretrial detention, and a new law treating 16- and 17-year-olds as adults in the penal system. The visit, carried out from 15 to 21 June, marked the Subcommittee on the Prevention of Torture (SPT)'s return to Peru more than a decade after its first mission in 2013. During their stay, the experts visited a range of detention and other facilities and held meetings with Government authorities, civil society actors, and the country's independent monitoring body, the National Preventive Mechanism (NPM). 'We are grateful for the collaboration provided by the authorities before and during the visit,' said Marie Brasholt, head of the SPT delegation. 'Unfortunately, we observed a punitive focus, which includes lengthy sentences and the extensive use of preventive detention, despite the grave overcrowding in Peru's penitentiary system. After all, building more or mega prisons is not the solution for overcrowding, or to public security in general.' During the mission, the SPT delegation visited men and women's prisons, juvenile detention centres, police stations, judicial holding cells, and a religious educational institution. The experts conducted confidential interviews with detainees and personnel. In addition, the Subcommittee visited a detention center together with the NPM. 'We also want to express our special concern regarding the new law that incorporates adolescents ages 16 and 17 as punishable in the adult penal system, which, again, demonstrates a punitive focus in the administration of justice,' said Brasholt. 'The delegation welcomes the creation and functioning of the NPM, which conducts important work. However, it is essential that the mechanism be strengthened to ensure that it has the necessary resources to effectively carry out its functions throughout the entire territory of Peru, in accordance with the Optional Protocol to the Convention against Torture (OPCAT),' she added. The SPT will share its report, including findings and recommendations, with Peru in due course. As always, the delegation urges the State to publish the visit report in order to enhance its obligations. The SPT considers that its reports provide useful guidance to all those engaged, directly or indirectly, in finding practical solutions. Additionally, the Subcommittee will prepare a separate and confidential report to share with the NPM. Peru ratified the OPCAT in 2006 and established its NPM by law in 2015. The delegation was composed of the following members: Marie Brasholt, head of the delegation (Denmark), Barbara Bernath (Switzerland), Luciano Mariz Maia (Brazil), and Maria Luisa Romero (Panama), together with two members of the Secretariat of the SPT and two UN security officials.
Scoop
6 days ago
- Politics
- Scoop
Serbia Needs To Strengthen Effective Torture Prevention Measures, UN Torture Prevention Body Says
Geneva, 24 June 2025 Serbia must take further action to protect people deprived of their liberty from torture and ill-treatment and ensure its national preventive mechanism (NPM) plays an effective and crucial role, experts from the UN Subcommittee on Prevention of Torture (SPT) said after their first visit to the country. During the mission to Serbia from 15 to 21 June, the SPT delegation conducted unannounced visits to prisons, remand centres, police cells, as well as care homes for the elderly and children. 'While we acknowledge that steps are being taken to improve the rights of people deprived of their liberty, shortcomings must be addressed, specifically in the areas of criminal justice and social care,' said Massimiliano Bagaglini, head of the SPT delegation. 'The national preventive body has an important role to play in this process; therefore, it is vital that the mechanism is independent, well-resourced and effective.' The SPT delegation conducted private and confidential interviews with those detained or deprived of their liberty and officials working in various facilities. The delegation also met with Government officials, the Protector of Citizens (Ombudsperson) and its NPM unit, civil society representatives and UN agencies. The SPT delegation also carried out joint visits with the Serbian NPM to support their work. 'We observed that many individuals, including children, spend extended periods in pretrial detention under restrictive conditions, which may increase the risk of ill-treatment,' Bagaglini added. 'Institutions for people with disabilities were also a concern for the delegation, and more measures are needed to protect these people from ill-treatment.' The Subcommittee will submit a confidential report to the Government of Serbia with its observations and recommendations on preventing torture and ill-treatment of people deprived of their liberty. As with all other States, it encourages Serbia to make this report public following the visit. The SPT delegation was composed of the following members of the Subcommittee: Massimiliano Bagaglini, Head of Delegation (Italy), Vasiliki Artinopoulou (Greece), Kalliopi Kambanella (Cyprus), Nika Kvaratskhelia (Georgia), as well as two Human Rights Officers from the SPT Secretariat.
Yahoo
25-06-2025
- Business
- Yahoo
NuScale Power Innovates With Integrated Systems for Clean Water, Hydrogen Production
NuScale Power Corporation (NYSE:SMR) is one of the best-performing NYSE stocks to buy now. On June 18, NuScale Power Corporation announced new research programs focused on developing an integrated energy system for clean water production and energy-efficient hydrogen generation. The initiatives aim to address global water scarcity, facilitate clean hydrogen production, and enable the reuse of industrial brine. NuScale's research indicates that a single NuScale Power Module/NPM paired with a state-of-the-art reverse osmosis desalination system could produce ~150 million gallons of clean water daily, without generating carbon dioxide. Furthermore, a plant with 12 NPMs would be capable of providing desalinated water for a city of 2.3 million residents while also generating surplus power to electrify 400,000 homes. A Nuclear power plant with all its safety & security protocols in place. To tackle the environmental challenge posed by brine, which is a byproduct of the desalination process, NuScale's research team has developed a novel approach for hydrogen storage, transport, and production that utilizes this leftover brine as an industrial feedstock. NuScale collaborated with experts at the US Department of Energy's Pacific Northwest National Laboratory to investigate hydrogen production from an inert salt derived from water desalination byproducts. NuScale's hydro-thermal chemical decomposition method for hydrogen production eliminates the need for water electrolysis, thereby reducing energy and water consumption and lowering costs. The process is carbon-free if powered by NuScale's integrated energy systems. The research on this innovative approach was presented at the World Petrochemical Conference in March 2025. NuScale Power Corporation (NYSE:SMR) provides small modular reactor technology solutions. It offers NuScale Power Module, which is a water reactor that can generate 77 megawatts of electricity. While we acknowledge the potential of SMR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Economic Times
18-06-2025
- Business
- Economic Times
Bernstein predicts Paytm shares to rally by 23%, cites ‘several near-term catalysts'
Global brokerage firm Bernstein has assigned a target price of Rs 1,100 to Paytm, signalling a significant 23.4% upside potential for the stock from its Wednesday closing price. The firm maintained an "Outperform" rating on Paytm, citing several key catalysts expected to drive the stock higher in the near term. ADVERTISEMENT In its analysis, Bernstein projects that Paytm's earnings per share (EPS) growth will follow a non-linear trajectory, supported by current revenue lines growing at a compound annual growth rate (CAGR) of around 20%, while indirect expenses are expected to grow at a more modest CAGR of 10%. This, Bernstein highlights, could lead to an EPS of INR 70 by FY30E, bringing the stock price closer to the target of Rs 1,100. Here's what Bernstein highlighted:Non-linear EPS growth: Bernstein's analysis of Paytm's future growth is underpinned by a base case that assumes a CAGR of 20% in current revenue lines, with indirect expenses growing at around a 10% would translate to a target EPS of INR 70 by FY30E, which supports the target price of INR 1,100. Bernstein expects several near-term catalysts to drive this potential upside. ADVERTISEMENT Bernstein projects that direct costs for Paytm will grow at a CAGR of 16% (FY25-30E), while indirect expenses are anticipated to increase at a 10% CAGR. This is expected to result in a 22% revenue CAGR, aided by an increasing share of high-margin lending emphasises the stability of Paytm's Unified Payments Interface (UPI) market share, along with unchanged net payments margin (NPM). The brokerage believes that the potential rise in NPM from an increased share of UPI payments could offset the impact of a higher share of UPI payments in Paytm's payments mix. ADVERTISEMENT Also read: Mukesh Ambani's masterstroke: Rs 500 crore bet delivers Rs 9,000 crore windfall gain for Reliance Industries Bernstein forecasts that loan disbursal will grow to around 3.6x FY24 volume. This assumes that Buy Now Pay Later (BNPL) products do not revive, and the volume of personal and merchant loans disbursed on the platform will grow at a 35% CAGR between FY25E and FY30E, which will drive significant revenue for the expects a 15% CAGR in Monthly Transacting Users (MTUs) for Paytm, driven by improvements in consumer engagement and platform usability. The firm suggests that near-term catalysts could help the company grow MTUs, potentially benefiting from a revival of its Payment Aggregator (PA) license application. ADVERTISEMENT Despite the optimistic outlook, Bernstein also highlights a number of key risks that could impact Paytm's future trajectory. These include: A possible return to a high operating expenditure (opex) growth trajectory, driven by increased competition in the market or the pursuit of "moonshot" projects The inability to halt the decline in Paytm's market share in UPI payments, coupled with a potential deterioration in the company's loan distribution business Regulatory changes that could further impact Paytm's operations, particularly any that would weaken its loan distribution business. Beyond the base case scenario, Bernstein identifies significant upside potential if Paytm can capitalise on additional opportunities. These include the potential revival of Paytm's BNPL product and approval for its Payment Aggregator (PA) license. ADVERTISEMENT The brokerage firm also notes that the approval for the PA license could signal a higher probability of Paytm eventually obtaining an NBFC license, although it believes the probability of these "moonshot" options playing out remains shares of Paytm closed 3% higher at Rs 891.30 on the BSE on Wednesday. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Business Wire
18-06-2025
- Business
- Business Wire
NuScale Advances Clean Water and Hydrogen Production with Breakthrough Research
CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced research programs aimed at advancing an integrated energy system that can provide both clean water and an energy efficient means for hydrogen production. A single NuScale Power Module™ (NPM) coupled to a state-of-the-art reverse osmosis desalination system could yield approximately 150 million gallons of clean water per day without generating carbon dioxide. 12 NPM's would be able to provide desalinated water for a city of 2.3 million residents and also have surplus power to provide 400,000 homes with electricity. A Novel Approach to Hydrogen Production and Industrial Brine Reuse While NuScale's Power Modules offer an immediate solution for cleanly powering desalination, the resulting brine production remains an environmental challenge. To address this issue, the research team at NuScale Power developed a new approach for hydrogen storage, transport, and production that uses leftover brine from the desalination process as industrial feedstock. NuScale partnered with experts at the U.S. Department of Energy's Pacific Northwest National Laboratory (PNNL) to examine hydrogen production from an inert salt drawn from water desalination byproducts that is safe and easy to transport. NuScale's hydro-thermal chemical decomposition approach to hydrogen production does not require electrolysis of water, driving down energy and water usage while lowering costs. Moreover, it is carbon-free if the energy for the conversion processes comes from NuScale's integrated energy systems. The research on this novel approach was presented at the World Petrochemical Conference in March 2025. It demonstrates progress for both desalination and clean hydrogen, processes with historically challenging issues ranging from how to handle brine waste to concerns about the carbon-intensity of hydrogen production. 'The near-term predictions of global water scarcity have become increasingly alarming while the interest and financial incentives for producing clean hydrogen continue to grow,' said Dr. José Reyes, Co-Founder and Chief Technology Officer of NuScale Power. 'What we have found is a win-win-win aimed at addressing water scarcity, brine remediation, and hydrogen production. We believe our breakthrough innovation can meet our global water challenges while providing clean, carbon-free energy.' NuScale has also developed an Integrated Energy System simulator for hydrogen production (High-Temperature Steam Electrolysis Mode), hydrogen storage, and hydrogen power production (Fuel Cell Mode) at its headquarters in Corvallis, Oregon. The simulator enables the company to dynamically evaluate and optimize different configurations for a wide range of commercial scale industrial applications requiring greater than 200 metric tons of hydrogen per day. 'NuScale continues to evaluate a wide range of SMR-powered hydrogen production methods,' said Reyes. 'Our operations team, working with GSE Solutions and Fuel Cell Energy, developed and coupled a Solid Oxide Electrolysis model for hydrogen production and a Fuel Cell model for power production to our Main Control Room Simulator. NuScale is the first SMR company to achieve this goal using integrated energy systems that support hydrogen production.' About NuScale Power Founded in 2007, NuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The NuScale Power Module™, the company's groundbreaking SMR technology, is a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output. As the first and only SMR to have its designs certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by supplying nuclear energy for electrical generation, data centers, district heating, desalination, commercial-scale hydrogen production, and other process heat applications. To learn more, visit NuScale Power's website or follow us on LinkedIn, Facebook, Instagram, X and YouTube. Forward Looking Statements This release may contain forward-looking statements (including without limitation statements containing words such as "will," "believes," "expects," 'anticipates,' "plans" or other similar expressions). These forward-looking statements include statements relating to expectations regarding NuScales' research programs, including advancing an integrated energy system, the amounts of water and power that could be produced, and the ability to address water scarcity, brine remediation and hydrogen production and to meet global water challenges while providing clean, carbon-free energy, strategic and operational plans, capital deployment, future growth, new awards, backlog, earnings and the outlook for the company's business. Actual results may differ materially as a result of a number of factors, including, among other things, the Company's liquidity and ability to raise capital; the Company's failure to receive new contract awards; cost overruns, project delays or other problems arising from project execution activities, including the failure to meet cost and schedule estimates; our expectations regarding obtaining regulatory approvals, and the timing thereof, to deploy our SMRs in the United States and abroad; forecasts regarding end-customer adoption rates and demand for our products in the markets that are new and rapidly evolving; limitations on the effectiveness of our controls and procedures and our remediation plans related thereto; intense competition in the industries in which we operate; failure of our partners to perform their obligations; cyber-security breaches; foreign economic and political uncertainties; client cancellations of, or scope adjustments to, existing contracts; failure to maintain safe worksites and international security risks; risks or uncertainties associated with events outside of our control, including weather conditions, pandemics (including COVID-19), public health crises, political crises or other catastrophic events; macroeconomic conditions; the use of estimates and assumptions in preparing our financial statements; client delays or defaults in making payments; the failure of our suppliers, subcontractors and other third parties to adequately perform services under our contracts; uncertainties, restrictions and regulations impacting our government contracts; the inability to hire and retain qualified personnel; the potential impact of certain tax matters; possible information technology interruptions; the Company's ability to secure appropriate insurance; liabilities associated with the performance of nuclear services; foreign currency risks; the loss of one or a few clients that account for a significant portion of the Company's revenues; damage to our reputation; failure to adequately protect intellectual property rights; asset impairments; climate change and related environmental issues; increasing scrutiny with respect to sustainability practices; the availability of credit and restrictions imposed by credit facilities for our clients, suppliers, subcontractors or other partners; failure to obtain favorable results in existing or future litigation and regulatory proceedings, dispute resolution proceedings or claims, including claims for additional costs; failure by us or our employees, agents or partners to comply with laws; new or changing legal requirements, including those relating to environmental, health and safety matters; failure to successfully implement our strategic and operational initiatives and restrictions on possible transactions imposed by our charter documents and Delaware law. Caution must be exercised in relying on these and other forward-looking statements. Due to known and unknown risks, the Company's results may differ materially from its expectations and projections. Additional information concerning these and other factors can be found in the Company's public periodic filings with the Securities and Exchange Commission (the 'SEC'), including the general economic conditions and other risks, uncertainties and factors set forth in the section entitled 'Cautionary Note Regarding Forward-Looking Statements' and 'Summary of Risk Factors' in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and in subsequent filings with the SEC. The referenced SEC filings are available either publicly or upon request from NuScale's Investor Relations Department at ir@ The Company disclaims any intent or obligation other than as required by law to update the forward-looking statements.
