Tag: EU
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Germany’s car industry has lost 51,000 jobs in the last year. VW cut 35,000, ThyssenKrupp 11,000, and Bosch nearly 6,000. What’s causing the collapse in German industry? Crushed By Energy Prices German manufacturers are cutting capacity because building things in Germany has become too expensive. One of the biggest culprits…
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France just lost its 5th prime minister in three years. What the heck is going on over there? Today, I decided to find out… Another Government Falls Prime Minister Sébastien Lecornu resigned today after several parties threatened a no confidence vote. That vote would’ve required Lecornu to resign. The major…
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The EU is about to backdoor encryption. Here’s how this could affect you, even if you’re American… What Is Chat Control? The EU is proposing to break encryption with a policy called Chat Control. Chat Control scans all the info on your devices before it’s encrypted, providing a backdoor to…
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+ AI, Cybersecurity, EU, Europe, European Union, Privacy, Security, Silicon Valley, Tech, Technology+
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I read a headline this morning that really pissed me off. The EU is planning to break encryption and scan everyone’s phone. Here’s why that’s a horrible idea… What the Heck Is the EU Up To? First, I’ll break down what Chat Control is, then why the EU’s excuse doesn’t…
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+ AI, Civil Rights, EU, Europe, European Union, Government, News, Politics, Privacy, Silicon Valley, Tech, Technology+
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I’d like to see every startup I invest in get to IPO. But realistically, an acquisition is the best case outcome for most. If Trump wins in November, we could see a massive wave of M&A in tech. This M&A flood will put a lot of money in investors’ pockets,…
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As some US states lag in COVID vaccinations and the EU barely vaccinates at all, some are looking to Russia for help: Lufthansa is reportedly discussing the “medical tourism” jet scheme with bosses at Moscow’s Domodedovo airport. The German airline is also in talks with the Russian foreign ministry about…
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A huge untold story of the world today is how far Europe has fallen behind the US economically in recent decades: Here are the 2019 numbers (in 2019 dollars, again World Bank) US: $65,297. UK $42,330. That’s 35% less than the US. Or, the US is 54% better off than…
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Government bond yields are increasing in many countries, including the US. Australia is already taking action. Europe and Japan also appear to be close: This morning, Australian three-year government bond yields reached as high as 0.15% at the market open, far above the 0.1% ceiling established by the Reserve Bank…
Tremendous 