GBP News 

Government quietly planning for Britain to stay in EU after March deadline, Eurosceptics fear

“The Government is secretly planning to stay in the European Union, Eurosceptics fear, after it emerged that Whitehall officials have set aside hundreds of thousands of pounds to spend on European Parliament elections” writes Chief Political Correspondent for telegraph.co.uk. The electoral watchdog has been handed a budget of £829,000 to pay for its “activities relating to a European Parliamentary election in 2019”, The Telegraph can disclose. The Electoral Commission said that it had set aside the cash as a “precautionary measure, so that we have the necessary funds to deliver our…

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Why you’re getting flooded with privacy notifications in your email

“The changes you’re seeing in corporate privacy policies is one example. [As Europe’s data law takes effect, watchdogs go after tech companies] What does GDPR say companies have to do?” writes Brian Fung Covers for washingtonpost.com. Websites around the world are having to update their policies because of a new set of privacy protections being put in place by the European Union.Some companies have chosen to go blank in Europe instead of having to comply with the expansive privacy regulations, including websites such as Unroll.me and Klout.The regulations were written to benefit European…

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Exclusive: Total’s Saft plans over 200 million euros investment in next generation battery

“Saft plans to develop a solid-state battery technology which can be competitive by 2025, with a battery that has twice the performance of those in the market today, the company said” reports businessinsider.com. FILE PHOTO: Company logo of Saft Groupe, battery specialists, is pictured at the entrance of the plant in Poitiers Thomson Reuters By Bate Felix PARIS (Reuters) – French battery maker Saft, a unit of oil and gas major Total said on Friday it plans to invest over 200 million euros ($233 million) in a next generation European…

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Ayatollah Khamenei sets seven conditions for Europe to save nuclear deal

“TEHRAN – Leader of the Islamic Revolution Ayatollah Ali Khamenei set out seven conditions for European powers if they want Iran to stay in the nuclear deal after the U.S. exit” reports tehrantimes.com. After the U.S. withdrawal, Iran wants assurances from the remaining parties that its interests are guaranteed or it will resume its nuclear activities with a higher speed.On May 8, U.S. President Donald Trump withdrew from the UN-endorsed nuclear agreement and vowed to reimpose sanctions on Iran.So, they must give actual guarantees.” Ayatollah Khamenei said, “Economy of the…

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Markets News Oil 

Iran, Poland have potential to benefit from complementary markets: envoy

“TEHRAN- Ambassador of the Republic of Poland to the Islamic Republic of Iran, Jaroslaw Marcin Domanski believes that Iran and Poland have complementary markets and strong potentials to strengthen mutual economic relations” reports tehrantimes.com. Iran oil can be easily processed in the Polish refineries and is a perfect product for us, on the one hand. Source: tehrantimes.com Share This:

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Iran sets May 31 deadline in scramble to salvage nuclear deal

“European nations share some U.S. concerns but say that torpedoing the nuclear deal makes those far harder, not easier, to address” writes Midwest Communications Inc for 95kqds.com. Khamenei also rejected any new negotiations over Iran’s missile program, which was not covered by the nuclear deal .French President Emmanuel Macron wants to complement the nuclear deal with negotiations involving all sides over other issues, an idea cautiously received by Russian President Vladimir Putin during talks in St. Source: 95kqds.com Share This:

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Data privacy activist Max Schrems takes aim at ‘forced consent’ in wake of GDPR

“Noyb is filing the four claims with data protection authorities in France, Belgium, Germany and Austria” reports venturebeat.com. One filing, made against Facebook on behalf of an Austrian woman, asks the country’s data protection authority to investigate and, as appropriate, prohibit data processing operations based on invalid consent.Buyers are required to hand over their data or else own “a 1,000-euro brick” that they can’t use, Schrems said.He won a landmark European court ruling in 2015 that invalidated a ‘safe harbour’ agreement allowing firms to transfer personal data from the EU…

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New privacy law forces some U.S. media offline in Europe

“Privacy advocates have hailed the new law as a model for personal data protection in the internet era” writes Reuters Editorial for reuters.com. The European Union General Data Protection Regulation (GDPR) came into effect on Friday, forcing companies to be more attentive to how they handle customer data with severe penalties for breaching consumers’ privacy rights. Source: reuters.com Share This:

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GDPR claims its first victims: U.S. newspapers

“Today The General Data Protection Regulation or GDPR goes into effect, a new set of rules intended to give European Union residents more control over their personal data” writes Chris O’brien for venturebeat.com. The rules require more express consent to allow for collection of personal data and include the possibility of fines up to 4 percent of a company’s global revenue. Source: venturebeat.com Share This:

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