News 

Judge: Prosecutors violated law in dealings with Jeffrey Epstein victims

“A judge ruled on Thursday that federal prosecutors broke the law by failing to keep victims adequately informed about a plea deal that Jeffrey Epstein, a prominent financier, cut to avoid federal prosecution for sexual encounters with numerous underage girls” writes Josh Gerstein for politico.com. Marra’s decision came in a lawsuit that some of Epstein’s victims filed back in 2008 seeking to have the non-prosecution deal nullified because of the treatment of the victims.Critics of the deal have said federal prosecutors were outmatched by Epstein’s well-connected, high-powered defense team, which…

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News 

A US Senator has demanded that Apple and Google remove a Saudi Arabian government app that allows men ‘abhorrent’ control over women’s lives

“I write to ask that you immediately remove from your app stores the Saudi government’s Absher app, which enables Saudi men to track and control the movements of Saudi women” writes Bill Bostock for businessinsider.com. A US Senator has written to Apple and Google’s CEOs to demand that they “immediately remove” a Saudi government app from their app stores which allows men to monitor and control the movements of women. Source: businessinsider.com

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GBP News 

Europeans must get rid of the failing EU one way or another: The polite Brexit way, or the rowdy yellow-vest way

“Free trade, immigration, farm subsidies and fishing quotas, antitrust rulings, mandates regarding the rights of women and minorities, and even rules for the marketing of cheese create winners and losers” writes Peter Morici for marketwatch.com. Populism is sweeping Europe, because the European Union and its constituent governments have become as unresponsive as the 18th century aristocracies those replaced.The process created a politically unaccountable bureaucracy, whose broad policy directions are set by consensus among the national heads of government and cabinet ministers. Source: marketwatch.com

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Madam Lagarde sees global economic storm brewing…

“Last month, the IMF lowered its global economic growth forecast for this year from 3.7 percent to 3.5 percent” reports yahoo.com. Lagarde cited what she called “four clouds” as the main factors undermining the global economy and warned that a “storm” might strike.Christine Lagarde met Imran Khan on the sidelines of the World Government Summit in Dubai (AFP Photo/KARIM SAHIB) Dubai (AFP) – The International Monetary Fund on Sunday warned governments to gear up for a possible economic storm as growth undershoots expectations. “When there are too many clouds, it…

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Danish Government’s Energinet Signals Iota Deal to Improve Energy Sector Offerings

“Danish state-owned energy company Energinet has expanded its partnership with distributed ledger network Iota to investigate use of its technology in new areas, Iota revealed in blog post Jan. 30” writes William Suberg for cointelegraph.com. Energinet, which is an independent enterprise under Denmark’s Climate and Energy Ministry, wants to examine how it could leverage Iota’s Tangle technology in the energy and Internet of Things (IoT) markets. The two entities have worked together on a data marketplace initiative since late 2017, a larger project involving other companies. “As part of our…

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Futures News 

Bank Policy Institute criticizes US Govt approach in lawsuit against ex-Deutsche Bank traders

“The approach of the United States government in a case targeting former Deutsche Bank AG metals traders James Vorley and Cedric Chanu has come under fire” reports financefeeds.com. BPI is a nonpartisan public policy, research, and advocacy group, representing many of the US banks and their customers. Source: financefeeds.com

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News 

UAE favors global cooperation amid China’s rising tech dominance

“Several western governments have expressed concerned about ties between tech giant Huawei and the Chinese government” writes Sam Meredith for cnbc.com. The United Arab Emirates (UAE) is not worried about China’s rising dominance in the technology sector, according to the country’s artificial intelligence minister.The world’s largest telecom equipment maker is facing restrictions from several national governments, amid heightened fears its products could be used for spying. “We need to ensure that the playground globally for every citizen anywhere on earth is a fair playing field,” Al Olama said. Source: cnbc.com

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Markets News 

Refinitiv Hires Sherry Madera to Head Industry and Govt Affairs

“Financial market data provider Refinitiv has appointed Sherry Madera as global head of Industry and Government Affairs” writes Arnab Shome for financemagnates.com. This paired with global trends in sustainability, governance, and regulation make it a busy time for engaging with both public and private sector stakeholders.She will lead a team that will engage with customers, industry groups, regulators and governments to help tackle key customer challenges and advocate for fair, efficient and sustainable financial markets.Commenting on this appointment, David Craig, CEO of Refinitiv, said: “We believe in the importance of…

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News 

Eve-of-Davos Survey Shows People Place Trust in Companies Over Governments

“The annual Edelman Trust Barometer shows only one in five people believe the economic, political and social system is working for them, while nearly 60 percent think trade conflicts are hurting their companies and putting their jobs at risk” writes Min Read for reuters.com. DAVOS, Switzerland (Reuters) – People around the world place much more trust in their companies than their political leaders, according to a major survey that suggests a mood of uncertainty and pessimism on the eve of the World Economic Forum in Davos. Source: reuters.com

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