US issues new guidance to ease COVID-19 assistance to countries hit by sanctions

WASHINGTON — The United States on Thursday issued guidance easing the way for delivery of products such as face masks, ventilators, and vaccines to combat the coronavirus pandemic to heavily sanctioned countries like Iran, Venezuela, and Syria.  The US Treasury Department issued general licenses related to those three countries aimed at allowing more coronavirus-related transactions and activities, according to a statement, but stopped short…

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Why Big Business Ends up Supporting the Regime

Policymakers know they hold immense power to regulate and punish firms that don’t play ball. Industry leaders know this too. So it’s likely both sides will indeed end up “playing ball."  The Democrats in Congress want comprehensive regulation of social media which will ultimately allow regime regulators to decide what is and what is not “disinformation.” This has become very…

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Google launches Android Earthquake Alerts System 

GOOGLE launched a new, free smartphone feature known as the Android Earthquake Alerts System, available in the Philippines and globally.   The alerts system can detect seismic activity in the area using the built-in accelerometers in active Android smartphones. Device notifications can then provide early warning alerts for when an earthquake is detected.   “Launching the Android Earthquake Alerts System in the Philippines is part of our mission to bring helpful products and services to Filipinos,” said Bernadette Nacario, the Country Director of Google Philippines. “Our…

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In Defense of Debt Collection

You know hypocrisy, as when the pot calls the kettle black? Well, this news report gives new meaning to the idea: The rise in American consumer debt has been accompanied by a sharp increase in complaints about aggressive and sometimes unscrupulous tactics by debt collection agencies, a phenomenon that has government regulators increasingly concerned. So the government is concerned about…

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The G7's Reckless Commitment To Mounting Debt

Historically, meetings of the largest economies in the world have been essential to reach essential agreements that would incentivize prosperity and growth. This was not the case this time. The G7 meeting agreements were light on detailed economic decisions, except on the most damaging of them all. A minimum global corporate tax. Why not an agreement on a maximum global public…

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Philippines tops Asian forecasts for lower GDP, faster inflation

Philippine inflation may remain above 4{7cf23ffd9f893b42e5168467dbdff3dd8c8539e14232c919813e000f7f93ca07} this year, complicating government efforts to salvage the economy from the havoc wrought by the pandemic. Economists have raised their forecasts for Philippine consumer price inflation by the most in Asia since December, by 1.2 percentage points to 4.1{7cf23ffd9f893b42e5168467dbdff3dd8c8539e14232c919813e000f7f93ca07}, according to the median estimate in a Bloomberg survey. They’ve also slashed the country’s economic…

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BusinessWorld Insights, KMC Solutions hold webinar on the future of work

Many companies have shifted from on-site to remote work operations since the start of the quarantine due to the COVID-19 pandemic. Now, with the vaccinations against the disease in process, questions arise on what would stay or change in work arrangements.  BusinessWorld Insights, in partnership with KMC Solutions, recently held a webinar with the theme “Should We Return to…

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A Brief History Of Secession Referenda in Europe

Scotland still hasn’t given up on holding another independence referendum within the next several years. Although London opposes the measure, it is notable that the debate over Scottish secession is not over whether or not a secession vote is moral or legal. Rather, the question is over whether or not such a vote is prudent at this time. This is…

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