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POPULAR NEWS
Gold Heads for Weekly Drop as Powell Speech Awaited

Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday, while mulling comments from other officials on monetary policy. Three Fed policy makers voiced their resistance to the notion that the U.S. economy needs lower interest rates, and a fourth said he wanted to avoid taking further action œunless we have to, foreshadowing a sharp debate with officials...

Boeing Boosts Dow While Investors Await Powell

Investors are betting big on Boeing for now, and the Dow Jones Industrial Average was the beneficiary on Thursday. The Dow finished the day up 0.2%, or about 50 points. But Boeing's shares were up more than 4.3% and added nearly 98 points to the blue-chip index by itself. At the same time, the S&P 500 slipped a very modest 0.05% and the Nasdaq Composite fell 0.36%. Boeing was surging because of its Tuesday announcement that it is marshaling a temporary workforce of several hundred...

Tokyo Shares Flat Ahead of Fed Chair Powell Speech

Tokyo shares were treading water Friday as investors awaited a key address by the US Federal Reserve chair, who has come under pressure from the White House to cut rates. The benchmark Nikkei 225 index fell marginally, slipping 0.01 percent or 2.41 points to 20,625.60 in early trade, while the broader Topix index added 0.08 percent or 1.13 points to 1,499.19. Source : AFP

Gold Futures Post a Gain For a 4th Week in a Row

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are...

Trump Cancels Plan to Cut Off Foreign Aid

President Donald Trump is considering cutting US $ 4 billion in foreign aid because he considers wasteful, unnecessary. But finally he finished compiling his plan was opposed by the American Congress. "The president has explained about waste and asking for our foreign assistance, and asks that we have to spend the aid money," said a senior White House official. But after making an important contribution the Republicans and Democrats announced support for the effort, Trump finally gave...

French Lawmakers Debate Controversial Bill to Crack Down on Online Hate Speech
Thursday, 4 July 2019 18:54 WIB | GLOBAL |Global

French lawmakers have begun debating tough new legislation requiring tech and social media companies to swiftly remove online hate speech or risk huge fines.

The bill fits broader global efforts to curb heinous and violent discourse on the internet ” seen after this year's mass shootings in New Zealand. But some fear the legislation may spark censorship.

The bill gives tech companies just 24 hours to remove racist and other hateful online content or risk fines of up to 4 percent of their global revenue. Users would be able to click a special button under offensive content to flag it.

Leading the effort is French deputy Laetitia Avia, whose parents come from Togo. In interviews like this one on French TV, she describes being the victim of a daily deluge of online racist insults”and says social media networks aren™t doing enough to stop them.

France™s digital affairs minister, Cedric O, says the government hopes to drastically lower online hate content.

Speaking on French radio, Minister O said the French bill is no silver bullet. No government has been able to eradicate online abuse. But he believes the legislation will lay a good base, and can be revised as needed.

France™s centrist president, Emmanuel Macron, has prioritized cracking down on hateful and violent web content. Following the terrorist attacks in New Zealand, he helped push through a non-binding so-called Christchurch accord in May to curb online extremism. The United States did not sign it, citing free speech concerns.

Some experts have similar fears when it comes to this new bill.

Prominent media lawyer Christophe Bigot told VOA the bill may lead to censorship, because tech companies may favor removing any suspect content to avoid heavy fines. He doesn™t think new laws are needed ” but instead, more judges to apply existing anti-hate speech laws.

France™s lower house will vote on the bill next week before the Senate takes it up. The measure could become law in a few months.

Source : VOA

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POPULAR NEWS
Gold Heads for Weekly Drop as Powell Speech Awaited

Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday, while mulling comments from other officials on monetary policy. Three Fed policy makers voiced their resistance to the notion that the U.S. economy needs lower interest rates, and a fourth said he wanted to avoid taking further action œunless we have to, foreshadowing a sharp debate with officials...

Boeing Boosts Dow While Investors Await Powell

Investors are betting big on Boeing for now, and the Dow Jones Industrial Average was the beneficiary on Thursday. The Dow finished the day up 0.2%, or about 50 points. But Boeing's shares were up more than 4.3% and added nearly 98 points to the blue-chip index by itself. At the same time, the S&P 500 slipped a very modest 0.05% and the Nasdaq Composite fell 0.36%. Boeing was surging because of its Tuesday announcement that it is marshaling a temporary workforce of several hundred...

Tokyo Shares Flat Ahead of Fed Chair Powell Speech

Tokyo shares were treading water Friday as investors awaited a key address by the US Federal Reserve chair, who has come under pressure from the White House to cut rates. The benchmark Nikkei 225 index fell marginally, slipping 0.01 percent or 2.41 points to 20,625.60 in early trade, while the broader Topix index added 0.08 percent or 1.13 points to 1,499.19. Source : AFP

Gold Futures Post a Gain For a 4th Week in a Row

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are...

Trump Cancels Plan to Cut Off Foreign Aid

President Donald Trump is considering cutting US $ 4 billion in foreign aid because he considers wasteful, unnecessary. But finally he finished compiling his plan was opposed by the American Congress. "The president has explained about waste and asking for our foreign assistance, and asks that we have to spend the aid money," said a senior White House official. But after making an important contribution the Republicans and Democrats announced support for the effort, Trump finally gave...

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