Thursday, October 8

Types of News: Analysis

Deeper analysis on world diplomacy, economics and geopolitics.

U.S. Government Adds Four Spyware Companies To Trade Blacklist
Global Trade, Human rights, Types of News: Analysis, Types of News: Brief

U.S. Government Adds Four Spyware Companies To Trade Blacklist

Israeli Spyware Firm NSO Group Named On Commerce Department's Prohibited List November 4, 2021—In a move meant to put human rights at the center of U.S. foreign policy, the U.S. Commerce Department announced yesterday it is adding four companies to a list of companies subject to trade restrictions. The four companies include Israel-based Candiru and the NSO Group, a Singapore-based company called the Computer Security Initiative Consultancy PTE (COSEINC), and Russia's Positive Technologies. In effect, the decision puts the companies on trade blacklist that imposes extra licensing requirements. Specifically, companies on the Entity List under Export Administration Regulations face limited availability of most license exceptions for, exports, reexports, and transfers (in-country) to...
A Closer Look: Causes & Effects of Global Coal Shortage
Energy Policy, Oil & Gas, Global Economics, Types of News: Analysis

A Closer Look: Causes & Effects of Global Coal Shortage

AP photo of Northwest China Coal Shortages Caused Power Outages in India, China And Tajiskistan By Ramsha Zubairi November 4, 2021—Coal prices surged this Fall, producing electric outages in multiple countries. As the global economy continues to get back on track after the pandemic, coal industries struggle to meet the rising demand for the commodity. Graph by Trading Economics. In recent weeks and months, many communities in India, China and Tajiskistan faced some of the worst power outages that they have in years. In China, the population got by with streetlights and elevators turned off and limited heating of offices. Some factories and schools were also forced shut to manage the electricity crisis. Overall, China underwent what has been its worst power shortage in de...
Cryptocurrencies Are Hot Despite The Warnings. Here’s Why.
Finance, Banks, Cryptocurrency, Metals, Types of News: Analysis

Cryptocurrencies Are Hot Despite The Warnings. Here’s Why.

Here's A Helpful Guide To Understanding Cryptos By Jesús Cedeño November 3, 2021—Just about everybody with internet access has heard about Bitcoin and cryptocurrencies these days. They may not really understand them, but they have heard of them. New Economic System Cryptocurrencies and blockchains (the technology that makes most of them work) were created to show that a new kind of economic system is possible. One where central banks, commercial banks and other traditional financial institutions are no longer in control. Investing in cryptocurrencies is a hot topic all over the world, with over $133 billion worth of crypto being traded every day and a global market capitalization that exceeds $2.6 trillion.1 However, there have been several warnings issued relating to cry...
Let’s Talk About Defining ESG –Literally
Climate Action, ESG, Sustainable Finance, Types of News: Analysis

Let’s Talk About Defining ESG –Literally

Photo by Mohr Media As Investors Take Interest In Corporate Policies, Governments Look To Harmonize ESG Disclosure November 2, 2021—As employees, consumers and investors demand greater transparency about corporate practices,  there's increasing interest in defining standards for environmental, social and governance (ESG) disclosure. While the concept of ESG has been around for years, leaders in the both public and private sectors are taking a greater interest in refining the definition. Furthermore, as world leaders try to harness the power of the private sector to reach net-zero goals to stem the warming of the climate, ESG becomes even more useful. "Financial markets play a significant role in shifting capital to a sustainable future," Securities and Exchange Commission...
Middle East Faces ‘Increasingly Desperate Reality’
Diplomacy and International Law, Middle East, Types of News: Analysis

Middle East Faces ‘Increasingly Desperate Reality’

UN Envoy Says Israeli Evictions Of Palestinians And Property Seizures Spurs Violence November 2, 2021—In recent weeks, a Middle East envoy to the United Nations expressed warnings about Israel-Palestinian relations. Demolition of homes by the Israeli military, construction of illegal housing by settlers, and evictions and displacement of Palestinians from their homes are causing a desperate and dangerous situation in both Israel and the Palestinian territories. For the Palestinians and the Bedouin community, these actions meant homelessness and loss of property. For Israeli citizens, the provocative actions by their government and illegal settlers put them at a greater risk of violence. In the following article, contributing writer Ramsha Zubairi reports. In his testimony to the Secu...
Coal, China And Climate Change
Climate Action, ESG, Sustainable Finance, Energy Policy, Oil & Gas, Types of News: Analysis

Coal, China And Climate Change

Editor's Note: As the COP26 takes place this week, many leaders on climate action are pointing to China and calling on the world's largest emitter of carbon dioxide gas to do more. This is the first of a series of reports on coal production and consumption by contributing writer Ramsha Zubairi. China's Climate Goals Are 'Unimpressive,' Observers Say November 1, 2021—China is the biggest producer, consumer and importer of coal, and as the country’s economy continues to grow post-pandemic, its demand for the commodity moves in the upward direction. That makes China's absence from this year's COP26 especially worrisome for climate activists. With global climate change happening now, it is increasingly necessary to cut down on greenhouse gas emissions. More than 70 percent of e...
As It Faces Global Backlash, Facebook Reports Strong Earnings
Big Tech, Digital Economy, Types of News: Analysis

As It Faces Global Backlash, Facebook Reports Strong Earnings

Company Faces Scrutiny In India Where Hate Speech Flourished October 28, 2021—The backlash against Facebook's policies continued to make waves internationally this week. But even as the trove of internal documents leaked by whistleblower Frances Haugen reached more journalists, none of that showed up on the company's balance sheet. Strong Profits This week the social networking site declared strong earnings growth and a larger user base. According to the company's reporting, the platform's daily active users increased by a solid 6 percent, year over year, reaching close to 2 billion people. Furthermore, the company's revenue increased 35 percent, from $21 billion in 2020 to $29 billion in 2021. Also, its net profits increased 17 percent, from $7.8 billion to $9.2 billion...
As Regional Power Balances Shift, Warnings Come From Kashmir
Geopolitics, Types of News: Analysis

As Regional Power Balances Shift, Warnings Come From Kashmir

India-Pakistan Relations Could Spark Wider Conflict October 26, 2021—With the regional balance of power shifting in Central Asia, India is the odd man out in both economic and strategic ways. Perhaps to counteract the balance shift, the United States appears to be strengthening with India. But it's not clear how much weight that will carry in the tricky landscape of Central Asia. For one, China and Pakistan are strengthening their economic relationship. China is investing billions of dollars into Pakistan through the Economic Corridor Initiative. (See GER's previous reporting.) Furthermore, leaders from both countries are building ties with the new Taliban-led Afghan government. Meanwhile, China and India are at odds over disputed territory in the Himalayas. As the Rand Corporati...
Facebook Building Massive, New Virtual Platform
Big Tech, Digital Economy, Types of News: Analysis

Facebook Building Massive, New Virtual Platform

Tech giants are building a "metaverse" to replace real life and the internet. Execs Say 'Metaverse' Will Replace The Internet With New Digital World October 18, 2021—Undaunted by criticism by lawmakers and former workers about the company's policies, Facebook is planning to build a massive virtual-reality platform called "metaverse." According to the tech giant, the metaverse is "a new phase of interconnected virtual experiences." What's interesting is that even as governments discuss ways to reign in and regulate the 3.5 billion-user platform, the company is growing ever larger and integrating itself deeper into human life. Meeting the Metaverse Metaverse is a concept of combining multiple virtual worlds into one that supersedes the internet. Big tech giants like Microsoft ...
Lawmakers Are Drafting Legislation to Regulate Social Media
Big Tech, Digital Economy, Types of News: Analysis, United States

Lawmakers Are Drafting Legislation to Regulate Social Media

Photo by Nathan Dumlao, Unsplash Consumer Protection, Antitrust, Removal Of Liability Protections Are In-Play October 16, 2021—As the pressure grows to regulate the social media industry, lawmakers are drafting numerous bills that would impact social media platforms such as Facebook, Instagram, WhatsApp, and Twitter and their users. This comes in the wake of revelations made by an ex-Facebook employee turned whistleblower, Frances Haugen, at a Senate Commerce Subcommittee hearing. Committee members and their staff are exploring consumer protection issues involved with large internet platforms Already, senators have referred nearly a dozen bills to the full committee for review. About half of those focus on protecting consumers and their information. Other bills would amend a...