Saturday, May 13, 2023

Fwd: Two Tidbits - Billionaires in Vietnam



---------- Forwarded message ---------
From: Joyce Segal <joyceck10@gmail.com>
Date: Sat, May 13, 2023 at 8:23 AM
Subject: Two Tidbits - Billionaires in Vietnam
To: Kim Cooper <kimc0240@gmail.com>


The US Supreme Court made headlines this week for a ruling written by Justice Ketanji Brown Jackson that uses the correct pronouns and name for a transgender woman.

With Wednesday's ruling, the court removed a procedural barrier for a non-US citizen to appeal a denial of protection from removal decision. It was a legal victory for Estrella Santos-Zacaria, a migrant from Guatemala who reached the US, fleeing persecution on the basis of her gender and sexual orientation and is seeking to stay in the country.

Throughout the opinion, which was joined by the court's three other liberal justices, including Chief Justice John Roberts, Justice Brett Kavanaugh and Justice Amy Coney Barrett, Ms Jackson uses "she" and Ms Santos-Zacaria's pronouns to refer to her, even though she was assigned male at birth. Ms Jackson also uses Ms Santos-Zacaria's chosen name instead of her dead name.
Justice Samuel Alito wrote a concurring opinion that did not misgender or dead name Ms Santos-Zacaria, which embattled Justice Clarence Thomas joined.
Legal scholars and observers of the court noted that not only did the opinion correctly gender Ms Santos-Zacaria, but also that it used more humanising language for non-citizens than past opinions have.

"The Court reads the statutory word "alien" to mean a non-citizen (in a footnote)," former US attorney Joyce Alene wrote on Twitter. "Non-citizen, not illegal alien or similar dehumanising term. 7 justices signed on to Jackson's decision in full & the concurrences don't mention it. This is huge progress on both fronts."

The court's ruling struck some as particularly meaningful, given that it comes from a majority-conservative body in the midst of a wave of anti-transgender bills in state legislatures. There have already been more anti-LGBT+ bills introduced in state legislatures this year than in any other year in American history.

The ruling also comes as Title 42, the pandemic-era restrictions on migration to the US, ended on Thursday. In preparation for the lifting of Title 42, president Joe Biden announced new measures restricting access to asylum earlier this week in a move that has frustrated progressives.

HANOI, May 12 (Reuters) - Vietnamese electric automaker VinFast said on Friday it will list in the United States via a merger with special purpose acquisition company (SPAC) Black Spade Acquisition Co (BSAQ.N).

The move comes after the startup last month said it had received a fresh round of funding pledges worth $2.5 billion from parent company Vingroup (VIC.HM), Vietnam's biggest conglomerate, and founder Pham Nhat Vuong, Vietnam's first billionaire and richest man. (There goes communism)

After the merger, the new entity will have an enterprise value of approximately $27 billion and an equity value of $23 billion, "assuming no BSAQ shareholders elect to have their Black Spade shares redeemed for cash as permitted," VinFast and Black Spade said in a joint statement.

The transaction is expected to close in the second half of 2023, it said, adding existing shareholders of VinFast will hold approximately 99% of the shares of the combined company.

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Joyce Cooper
CEO SunSmartPower
650-430-6243
SunSmartPower.com

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