News 

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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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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News 

Invest in health for global security and growth, Gates urges donors

“He also said he was concerned that “distraction by domestic issues” may mean the still urgent need for global aid funding may not get the attention it deserves” writes Midwest Communications Inc for 95kqds.com. LONDON (Reuters) – Donating billions of dollars to global funds that fight poverty and disease is one of the best investments governments can make to boost security and economic growth, philanthropists Bill and Melinda Gates said on Thursday.The funds include the Global Fund to Fight AIDS, Tuberculosis and Malaria, the Global Polio Eradication Initiative (GPEI) and…

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China to ramp up efforts to support economy

“BEIJING–Chinese officials said they would step up efforts to spur economic growth this year, as signs continue to show the country’s economic slowdown has deepened” reports marketwatch.com. The government’s efforts to ramp up investment in rail and other public projects have reignited concerns over mounting debt levels in the economy.Zhu said When asked whether the central bank would consider cutting interest rates to stimulate economic growth, Mr. Source: marketwatch.com

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Don’t expect weed to be everywhere if it’s legalized

“Weed may not be available everywhere in New York if the state legalizes recreational marijuana” reports nypost.com. Cuomo said Monday that he will give local governments the right to continue the current prohibition on weed sales when, and if, New York legalizes weed. “We gave local governments the opportunity to opt out — if they want,” Cuomo said on WAMC radio.The governor is expected to lay out his marijuana legalization plan when he releases his executive budget on Tuesday.Cuomo once opposed marijuana as a “gateway” drug, but warmed to the…

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News 

Latin American governments urge Venezuelan president to cede power

“Regional powerbroker Mexico was one of the early and biggest promoters of the Lima Group” writes Associated Press In for theguardian.com. A dozen Latin American governments and Canada have delivered a blistering rebuke to Venezuelan president Nicolás Maduro, questioning the legitimacy of his soon-to-begin second term and urging him to hand over power as the only path to restoring democracy in his crisis-wracked country. Source: theguardian.com

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