New York Times (July 11)
“A deal to ensure that data from Meta, Google and scores of other companies can continue flowing between the United States and the European Union was completed on Monday, after the digital transfer of personal information between the two jurisdictions had been thrown into doubt because of privacy concerns.” It may ultimately prove a temporary patch, but the E.U.-U.S. Data Privacy Framework marks “the final step in a yearslong process,” resolving “a dispute about American intelligence agencies’ ability to gain access to data about European Union residents.” Guard rails will now allow some data collection, but the subjects will be able to object and challenge the collection.
Tags: Collection, Data, Deal, Digital transfer, Dispute, E.U.-U.S. Data Privacy Framework, Google, Guard rails, Intelligence agencies, Jurisdictions, Meta, Object, Personal information, Privacy
New York Times (September 19)
“No sensible person can dispute that Covid-19 is a great tragedy for humanity,” And yet measured, “by the cold logic of evolution: The career of SARS-CoV-2 so far is, in Darwinian terms, a great success story…. Bad luck for us. But evolution is not rigged to please Homo sapiens.”
Tags: Cold logic, COVID-19, Darwinian, Dispute, Evolution, Homo sapiens, Humanity, SARS-CoV-2, Sensible, Success story, Tragedy
Business Insider (November 17)
“While you weren’t looking… the trade war with China went completely off the rails and lost its meaning.” The trade war ostensibly began to deal with the “theft of US intellectual property (IP).” This key issue has essentially been abandoned and the dispute has moved on. It now appears centered on “how many soybeans China will buy.”
Los Angeles Times (August 17)
“More than seven decades later, the dispute over who should pay for the suffering…is at the heart of a downward spiral in relations between South Korea and Japan that has spawned a trade war and ignited massive protests and boycotts in South Korea,” putting much at risk. “An $80-billion bilateral trade relationship is in jeopardy, as is a military information-sharing agreement between the two countries that has been valuable for the U.S. and its allies against the North Korean threat.”
Tags: Bilateral trade, Boycotts, Dispute, Downward spiral, Japan, Jeopardy, North Korea, Protests, South Korea, Suffering, Threat, Trade war, U.S.
Financial Times (May 16)
By delaying any decision to impose car tariffs by 6 months, “President Donald Trump has dodged an immediate collision with the EU and Japan on trade.” While expected, “the move means that the US has avoided blowing up trade relations with the EU and Japan amid an escalation of its dispute with China.”
Tags: Car tariffs, China, Collision, Delay, Dispute, Escalation, EU, Japan, Trade, Trump
South China Morning Post (July 6)
As the U.S. and China begin to “spar over trade, Japan may avoid a direct hit – for now.” While the first round of tariffs is “expected to have limited impact,” the dispute “could lead to further appreciation of yen and punitive duties on Japanese cars” if it continues to spiral out of control.
Washington Post (July 12)
“China is increasingly asserting itself as a great power, and nowhere is its rise more likely to lead to war than in the South China Sea” where tensions have been rising with nations who dispute China’s claims. “These tensions are likely only to increase in the wake of the Permanent Court of Arbitration’s ruling Tuesday undermining China’s claims and bolstering those of the Philippines, one of the closest U.S. allies in the region.” We have not escaped from “perilous waters.” In fact, “China is more prepared for a confrontation than Western experts may expect.”
Tags: Allies, China, Claims, Confrontation, Dispute, Perilous, Philippines, South China Sea, Tensions, U.S., War
Wall Street Journal (March 1)
Mauricio Macri, the new Argentine President, is off to a dramatic start. “This week he settled a dispute with a number of the country’s creditors that had dragged on for more than a decade as it tarnished Argentina’s reputation. Mr. Macri now has the country poised for a return to international capital markets and perhaps an economic revival that was impossible under his Peronist predecessor Cristina Kirchner.”
Tags: Argentina, Creditors, Cristina Kirchner, Dispute, Economic revival, International capital markets, Mauricio Macri, Peronist, Reputation
Washington Post (February 17)
“It’s economists vs. the stock market. Economists generally don’t forecast a recession anytime soon,” but the stock market sure seems to be forecasting one. “Who’s right? We’ll know in a few months. Meanwhile, the dispute highlights the incomplete nature of the present recovery, which has lasted a long time but, to millions of Americans, still feels unsatisfactory.”
Tags: Dispute, Economists, Recession, Recovery, Stock market, U.S., Unsatisfactory
Financial Times (August 1)
“Argentina’s 12-year dispute with a group of hedge funds holding out for full payment on defaulted Argentine bonds is proving to be one of the most wasteful debt restructurings in history…. Indeed the case once again illustrates the need for a better way of managing sovereign defaults.”
Tags: Argentina, Bonds, Debt restructuring, Default, Dispute, Hedge funds, Hold outs, Payment, Sovereign defaults