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Meta fined $567m in largest child safety ruling against social media giant
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Meta fined $567m in largest child safety ruling against social media giant

A New Mexico judge ordered the Instagram, Facebook and Whatsapp parent company to pay another $567m for the way it has harmed children.

Latest Dispatches

The Treasury will check Andy Burnham’s ambitions – unless old orthodoxies are challenged | Larry Elliott nemzetkozi-gazdasag

The Treasury will check Andy Burnham’s ambitions – unless old orthodoxies are challenged | Larry Elliott

Fifty years ago, another Healey ran the Treasury. Today’s chancellor may find some things haven’t changed Some things never change. Fifty years ago, Britain was sweltering in the long hot summer of 1976. The Labour government was acutely aware that the financial markets were scrutinising its every move. And a man called Healey was running the Treasury. On the surface, the challenges facing John Healey are less severe than those Denis Healey had to grapple with half a century ago. Inflation is a lot lower and the City has reacted calmly to Andy Burnham as prime minister. And, while things could turn nasty pretty quickly, they would have to get a lot worse before Healey Mk II felt the need to ask the International Monetary Fund for an emergency loan. Continue reading…

Business | The Guardian
Trump’s New Trade Fights (and Deals) nemzetkozi-gazdasag

Trump’s New Trade Fights (and Deals)

President Trump has resumed his approach of big threats against some trading partners and generous pacts with others. Experts see new risks.

NYT > Business
I joined the long lines for Trader Joe’s viral tote bags. What I found surprised me nemzetkozi-gazdasag

I joined the long lines for Trader Joe’s viral tote bags. What I found surprised me

Shoppers are waking up before sunrise to score the $3 mini grocery bags, which have become a global status symbol A Friday morning on a public holiday usually means sleeping in. Instead, I was standing outside my local Trader Joe’s before 7am, staring at a line of shoppers that seemed to stretch for miles. The grocery store in Santa Clarita, just north of Los Angeles, wouldn’t open for another hour. But hundreds of people were already waiting for the same thing: Trader Joe’s new striped pastel mini canvas totes, a $2.99 reusable bag that has inspired a frenzy more typically associated with sneaker releases or concert presale tickets. Continue reading…

Business | The Guardian
‘If all else fails, sue’: how ultra-processed food firms are using the courts to obstruct health rules nemzetkozi-gazdasag

‘If all else fails, sue’: how ultra-processed food firms are using the courts to obstruct health rules

Exclusive: Global investigation reveals 235 lawsuits have been brought against governments in five countries since 2010 The world’s biggest ultra-processed food companies have filed scores of lawsuits challenging government policies that tackle junk diets, the Guardian can reveal. Ultra-processed food (UPF) is linked to harm in every major organ system of the human body and poses a seismic threat to global health. Worldwide consumption is rising and UPF now makes up as much as half the average diet in many countries, including the UK, the US and Australia. Continue reading…

Business | The Guardian
It cost £2.1bn to divert a river in Brazil’s outback. So where has all the water gone? nemzetkozi-gazdasag

It cost £2.1bn to divert a river in Brazil’s outback. So where has all the water gone?

Despite official claims that the São Francisco River project supplies 12m people, many of those who had to make way for its construction in 2007 still have no water at all A concrete canal cutting through the Caatinga scrubland feeds a surface reservoir two and a half miles from Maria de Fátima Ferreira da Silva’s home in rural Brazil. The canal passes Sertânia and continues until it reaches Monteiro, the next town along, where it spills its precious cargo into the bed of the Paraíba River – a human-directed inflow into the seasonally dry waterway. Such proximity to a reliable water source would usually be considered a blessing in the sertão, a vast outback in Brazil’s north-east known for its punishing droughts. But not for Ferreira, who was displaced nearly 20 years ago by the construction of the canal and now lives in a house without any water supply, despite the nearby reservoir. Maria de Fátima Ferreira da Silva in her maize crop at Salão productive rural village. She bathes at the reservoir and collects water there for her smallholding and donkey, and pays to fill her barrel with drinking water each month Continue reading…

Business | The Guardian