According to a an early draft of an Executive Order (EO), the White House will instruct federal law enforcement and antitrust agencies to launch investigations into the business practices of Facebook, Google and other social media companies, according to Bloomberg which says it has seen the draft. While not specifically calling out companies by name, the document orders US Read More…
Business
Apple Begins Tracking Your Calls And Emails To Assign You A ‘Trust Score’
Apple has rolled out a new policy to analyze your data and determine a “trust score” based on what it finds, Venture Beat reported this week. In an update to its privacy policy issued last week, the company warned users it would be tracking emails and calls in order to prevent fraud. “To help identify and prevent fraud, information about Read More…
US Government Spends A Record $433 Billion In One Month As Deficit Explodes
Two days ago we previewed the US budget deficit for the first 11 months of fiscal 2018, which according to CBO data, hit $895 billion, up $222 billion or 39% from the same period last year. Additionally, we noted that according to CBO calculations, the US would hit a $1 trillion deficit in calendar 2019, one year Read More…
Trump Sanctions On Iran May Already Be Backfiring As Tehran’s Oil Revenues Soar
Further oil price increases could trigger a slowdown in domestic or global economic growth, which could further complicate the U.S.’ Iran policy and Trump’s domestic political situation. TEHRAN, IRAN — Despite the Trump administration’s “maximum pressure” campaign targeting the Iranian economy, Iran’s crude oil and oil product revenues jumped a surprising 60 percent from March 21 to Read More…
Vietnam Demands Monsanto Finally Be Held Liable Over Agent Orange
In the wake of a U.S. court ordering Monsanto to pay $289 million in damages to man who says its weedkiller Roundup caused his cancer, Vietnam has called on the agrichemical giant to pay reparations to Vietnamese victims of Agent Orange. “This case is a precedent that rejects previous arguments that the herbicides supplied to the U.S. military by Read More…
Is Oily Econo-Politics Behind Saudis’ Crude Canadian Diplomacy?
For such an ugly and bizarre international fistfight to spring full-blown from a single critical tweet strains credulity. Underlying the Saudis hostile anti-Canadian actions may be a desire to signal the world to stay blind to the kingdom’s internal repressions. Or it may be an economic play with Canadian oil. TORONTO — In a near repeat Read More…






