38 Burst results for "EU"
Fresh update on "eu" discussed on Amazing FBA
"Not suggesting that these instant easy solutions, these strategy level things that you would have to sweat over for months at least to implement in many cases I, get it but I think that this approach to the future is starting to blend then two fundamental strategic approaches to uncertainty, which is projecting and trying to be accurate about versus just hedging not so much hedging bets but more than that creating decisions the are actually pretty much proof against whatever happens with the big geopolitical risks. and. I would say geopolitics is in the medium and longer term, the biggest risk factor that we need to account for. Brexit and the relationship between Britain and the e U going forwards the relationship between Britain? And China, which people aren't really talking about much yet and he comes with a really think we've got to take that seriously Britain is doing very specific things, which is very much getting on China's nerves right now at the time of recording in August twenty twenty and I don't see that going away I see that as as a tip of the iceberg. A symptom of an underlying condition which is to say Britain needs to ally itself with America's view of the World Germany was has but right now it's left the EU it doesn't have many serious trading partners left I would argue except for America and China, and it needs to decide if there's going to be fight between the which he goes with and to decisions pushes in the direction of. The UK government falling out big time with the Chinese rather. Chinese taking a very dim view of the UK government and in their usual style punishing them in some form, which was Hong Kong and the UK government's condemnation of the Chinese work in the Hong Kong. This isn't a political podcast. I'm not going to talk about the the good battle indifferent about the politics. But just to say, that will have its knock on effect on commerce and the same with the hallway decision. The decision by you could get them up which had remained fairly neutral not to join the Americans in abundance. The Chinese company America's now binding Tiktok the social media platform based in even though it's very widely used in the UK and and USA, and Europe. So the trend is very clearly in one direction now. I'm not necessarily saying I. Can project the entire future although I have a feeling that I can see the darks travel very clearly and I'm willing to see it when some people are in denial about it that's a different cost but I would say that if you see the writing on the wolf without then again it, it might be too behove you if that's the right word to. Decide to sell something X. to that. You can solve in the UK that he's not prone to the relationship with China or Europe. So that's just to put a to to put very simply and just to make very clear what I'm trying to say. Projecting accurately, the future is a good plan but humility suggests that you've you've been around this long enough you get it wrong. Therefore, you should have also another way a whole strategical mindset way dealing with the future differently, which is to create business models pro choices that do not depend on your accuracy that proof against whatever comes down the roads. Another clear.
The ECBs Former Vice-President Explains The Historic Step That Europe Just Took
"True CEOS thinking we don't really talk that much about Europe these days. I mean, I guess not in relation to the the heady days of the eurozone debt crisis. Now we don't, but also I feel like this particular crisis at least some of our episodes, you know, obviously, we talk a lot in the bed context the US context, of course, know talked about Hong Kong and Asia and Asia supply chains in China and so forth stills like we've focused a little bit less on how this current crisis is playing out in the Europe. Yeah I think that's right I. Guess the implication is that maybe this has been unfair in some respects because there has actually been something very interesting going on in Europe at the moment. Yeah. I mean, for one thing you know there's a good argument to be made Europe at least relative to the US, if not necessarily Asian countries has done a pretty decent job overall of suppressing the virus self and you know for years during the euro area crisis, they're always people fiscal policy. Fiscal Policy Missing. You gotta spend more gotTa get the Germans to spend more and you know maybe this time it looks like they're actually doing. Yeah that's exactly what I was thinking. So we have the announcement of a big deal seven, hundred, fifty, billion euros worth by the EU to fund on long term recovery. Fund for the Eurozone and that's a big deal because as you point out, everyone's been talking about fiscal stimulus but it looks like the euro-zone is finally going ahead and doing it. Right and so this of course raises questions and it's a theme that we've definitely had a lot on on our podcast, which is, is this offer something bigger for the post-crisis period? So sports, it's well known that know there's a lot of money being spent by governments all around the world including the US. But the question mark is okay when the crisis phase is over the government's just retrench or does this become a sort of new macroeconomic stabilization model? That's a theme that we've had dozens of times but it's particularly important to New York, in context I think because people have sort of identified the lack of fiscal burden sharing his sort of a basic architectural tension or flaw within. Euros. Yeah I think that's exactly right. How does the I don't want to say the intrusion of fiscal stimulus but how does the arrival of fiscal stimulus on the scene actually reshape the way that monetary policy works and I? Guess we should also mention that the is also in the midst of a of another really important project which is rethinking. How it targets inflation. So we have all of this going on simultaneously real existential questions for the role of the European Central Bank. Absolutely well, I'm very excited. We have a fantastic guest to talk about all of this we are going to be talking with Vito comes don. So he is the former vice president of the European Central Bank from two thousand, Ten may twenty eighteen. He's now a professor at Navarra University in Madrid out the perfect guest to discuss all this. So without further ado, let's bring him in a veto. Thank you very much for joining us. So are you happy to not being a policymaker in this time or you? Do Miss being at the ECB during such an extraordinary moment. Well, it's always difficult to get out of you know executive responsibilities and I. Of course, I would not say that I, am Epi at the out or unfortunate circumstances of the covy. The shock we are again in a very important periods of policy making but. Me Europe as been doing well I think in these episodes. Better than in the previous episode of two, thousand. Ten to two thousand twelve. Just to start out with walking the significance of the deal that was agreed, this seven, hundred, hundred, billion euros you tweeted about it clearly, you think it's important. What's the significance. Well it establishes for president that are very meaningful. In, the first place it involves a decision to issue common European depth. The Commission will issue seven hundred and fifty billion of debt to fund these program, and that's the first. The second the point is that these is going to be distributed in the form of budget transfers and not loans to the country's. Third IT'S A big program to implement Wat- is a European fiscal policy stimulus to address a recessionary phase. India to be an economy, and that's also the first time that these happens at this level and fourth the distribution of the ballot transfers which. Correspond to a little more than half of the seven hundred and fifty billion is done in a way that it is not proportional to the size of each country. By two indeed benefits more the countries that's have lower level of leaving and higher unemployment. So there is a convergence play. There is solidarity aspect of these edits also quite new in terms of transfers to give you two examples on a proportional basis, Italy would be entitled to fifty billion, but the they are getting eighty billion. Right as Germany, you'll be entitled to ninety six billion in proportional terms, but is getting only twenty seven. So these four points put together constitute the indeed very important precedents and babs, and do we all hope so that it will be a sign of things to happen. If again, there will be a stressful situation in the European economy, and that's a very important element for everyone the notion that when there is a very stressful social economic situation Europe, steps up and two x decisions to fight the recession and does not leave behind any of the member countries. It's a big message for the future and I think markets are really beginning to injury injuries what these means And we see that already but it will take time of course, perhaps for the markets by Geico anglo-saxon markets to overcome. Lingering, doubts about the European project.
Fresh update on "eu" discussed on Bloomberg Radio New York - Recording Feed
"The doors are opening one is that moment out in the distant future some things will be as they were others forever changed. The restaurant industry will never be the same for every new development here on Bloomberg radio what do we need in terms of maybe the new school of economic thought because the next best thing to magic is insight may take nearly a decade for the US economy to. Bloomberg radio, the Bloomberg business APP, and Bloombergradio DOT COM Bloomberg. The world is listening you say Bloomberg brings you the latest financial and business news anywhere. We've actually given the matter quite a bit of thought. Let's get to guess joining us from. Bangkok she joins us on the phone from the Hudson Valley newburgh radio, the Bloomberg, business APP, and Bloombergradio. Dot. com what is that moral leadership looks like to you at Bloomberg the world is listening. From the financial capital of the world twenty four hours a day at Bloomberg Dot com on the Bloomberg business APP and Bloombergradio take. This is Bloomberg radio. This is Bloomberg daybreak Europe for this Tuesday the eleventh of August in London coming up this hour corona virus cases worldwide top twenty, million doubling in just six weeks. The UK government overhauls contact tracing with local teams task to go door to door. Meanwhile, the unemployment rate is expected to take higher. Lebanon's government resigns in the wake of the Beirut blast and the EU and US condemn Bellarusse over a brutal post election crackdown I'm Leon gains with World News, and in the US economic aid talks remain bogged down. But president trump says, he'll very seriously consider a capital gains tax cuts. That's all straight..
Co-Founder Divya Gugnani on What's Next for Wander Beauty
"Divvy at what is next for wonder, beauty a lot is next for wander beauty. I think that we are. Looking at this year as very interesting time to be in business. We will definitely be launching some newness which I'm very excited about extending into the skincare category further and deeper. As we're seeing a lot of traction there people are really getting more into self care. They really look at us for minimum effort maximum result formulations, which is what we're doing in skin on will also be growing the category in and color and hair. I'm really thinking a lot more about sustainability that's been at the forefront of what we're learning and growing from really thinking through our packaging trying to be find ways to have less. Less of a footprint on the environment. So that's on our horizon up things to do. We're starting off cycle all of our components where people can actually send them in. We can upcycle them for them and then more growth for global brands. Now were distributed all through, southeast? Asia Australia. We're going to launch a new markets we're going to be penetrating in the EU in a deeper way when travel comes back, we're going to do a lot more travel retail. We just started to dip our toe into hotels in cruise ships but I think. More. Of that because that's the perfect place for the wonder woman who's on the go and traveling on when she's allowed to go back to traveling, she will be finding, many more touch points. So she really wants to go back to traveling. She's excited. All. She's really really wanting that right now. She just wants to be able to leave my house but. Thank you so much for taking the time to talk with
Fresh update on "eu" discussed on Travel Unraveled
"Since. We are bordering Russia and I think we were kind of like a good neighbor in fact that. We Are you know we have a lot of produce. We have a lot of minerals who have a lot of good staff in our soil. So it's very. Good land economic allies because of the resource. Yes. From economic perspective Ukraine is Great We have a lot to offer. So I think we like on good terms with Russia for a long time. However. The of Russian politics involved in Ukrainian politics once. People were not happy with the president that was elected because you know elections were just not transparent at all a lot of people got pissed off people started protesting and. Pro Ukrainian president was ruling the country for a few years. Everybody was happy. But the next election term Russians. Their guy and that really made a lot of people meant. They were for a while, but then they kind of you know decided. Okay. Let's see how it works out. And Europe at that point was offering a crane a lot of good things. You know no visa entry partnerships and all that stuff, and there was a point where there was a really important meeting between. European Union slurs and Ukrainian president, and there were supposed to sign something that would just open the doors for Ukrainians to be part of Europe. In the EU. Yes and our president didn't sign it. He said no and a lot of people just got so man it was kind of like you know okay what's what's happening now? So at that point, there was a lot of. Revolutionary Protests and staff, and that's where Russians decided to strike I. Guess you strike your enemy when they're weak but very peaceful protests and. People and yes they were just like, okay. We're not happy. This is not cool what's happening rights if people were just kind of voicing their opinions but Russians. striked I guess and they took over. Crimea because not only because it's a beautiful land, but also it's a port to military ships and prior to this, they were paying some fused Ukraine government. Now, they don't have to pay right they get to own all the plan they get to poor they get to do all sorts of things without paying anything. So we think it was part of you know okay. What do we need? For us to really. Be in charge and that was really good place for them. So they took over that Ukrainian military was very weak at that point. Pretty much on exist ten because president who was pro-russian he just made sure that. Military was as weak as possible. So really people couldn't fight back. So Russians took over Crimea. And that's where we are right now. So Ukrainians don't WanNA give up any more territories however, ashes took over some more close to Crimea you know a lot of eastern parts. But Ukrainians are just they just don't want to give up anymore. So that's pretty much where the wars right now it's kind of like back and forth for a time you know the US was supposed to step in and sort of be an ally and. Essentially laid down and did nothing wall. So that's the thing you ask was supposed to help. Ukrainians were hoping that European, countries would help by. If that came down to happening. I think that would provoke world war three possibly because that's in involvement of all countries in the world pretty much. So I feel like Europeans are just kind of watching it. Impressions get any closer to the border to the western border. Then Russians are going to be too close to Europe I think that's where when they would do something to really interfere. But as of now they're letting Ukrainians fight fight Yeah and I mean really you really here now about it in the news and maybe like you said because things haven't really changed but I didn't really get a sense of it until the first time we came and visited and we went to that really amazing war museum under the motherland statue it was incredible I mean you know they had graphic images of the soldiers fighting and dying and tanks blown up and It really humanized sort of the fight. I think it's very easy to put a headline up and say, Oh, it's Russia vs Ukraine Os over this and that but. You know when you see sort of the human impact, it's having and to people how they were affected. I know. Even within households right there are there's divisions. It's very much a civil war where you have. All Ukrainian citizens but even within one household, you could have pro Russian or pro Ukrainian. So how how does that kind of affected just the landscape of the country? Different and I could even say for my family, two of my sisters in Russia and. When the war started, only one of my sisters lived in Russia and. It was interesting because what she was telling us in Ukraine it was just kind of mind blowing to us. It was just absurd just ridiculous things he was saying, but she really believed did because that's with media was showing in Russia. So I think really I believe that it's very easy for media to brainwash people and I can't say we're arguing so much was my sister over that but we're just realized Oh. My God. It's really really People just could change their opinion fast and so quickly and just believe it So really it's a concentration where families are just you know arguing inside. kind of like you said civil right because. Momma saying one thing that is saying another one word you meet and who is right and what information are you get into make? And again in Ukraine, were getting information that media shows us. So it's never just the real facts. Pure facts that are facts..
EU Regulators Investigating Google's Plan to Buy Fitbit
"Union regulators say they're opening an in depth investigation into tech giant Google's plan to buy fitness tracking device make a Fitbit. The EU's concerned the Fitbit deal would entrench Google's position in the online ad market by increasing the already vast amount of data that the company could use to personalize. Adds its probe aims to ensure the controlled by Google over such data collected through wearable devices is not this thought competition. EU worries for such an advantage would raise barriers for rivals to match Google's online services while the probe under schools the use role in global efforts to regulate big tech I'm Charles. The asthma. The
EU regulators investigating Google's plan to buy Fitbit
"Union regulators say they're opening an in depth investigation into tech giant Google's plan to buy fitness tracking device make a Fitbit. The EU's concerned the Fitbit deal would entrench Google's position in the online ad market by increasing the already vast amount of data that the company could use to personalize. Adds its probe aims to ensure the controlled by Google over such data collected through wearable devices is not this thought competition. You worries that's such an advantage would raise barriers for rivals to match Google's online services while the probe under schools the use role in global efforts to regulate big tech I'm Charles Asthma. The
EU regulators investigate Google's plan to buy Fitbit
"Data European collection Union for the regulators twenty twenty census say is the ending opening Rowley an in depth investigation the census bureau into says tech door giant knocking Google's in plan the ability to of buy households fitness tracking to respond device to maker the questionnaire Fitbit will the stop E. U.'s at the end concerned of September the Fitbit a deal month earlier with entrenched than planned Google's position the bureau in says the online it's making the move market to meet by and ended increasing the year deadline the already to submit vast the numbers amount of data used to that redraw the company could congressional use to districts personalize the ads change concerns its probe researchers aims politicians to ensure and the control civil rights by Google activists the such data who believe collected the data through collection wearable process devices will miss does hard not distort to count competition communities the including E. U. worries minorities that and such immigrants an advantage and produce would raise less barriers trustworthy for rivals data to match I'm my company Google's online services well the probe on the schools the E. U.'s role in global efforts to regulate big tech I'm Charles the last month
Dota Pit Is Done, Here Comes OMEGA League
"Yes, we are Doda pitch has concluded cinder. and. I personally didn't get to watch this tournament. because my sleep scheduled disallowed it as you know, but `Nigma did beat alliance in a best of five grand files three, two two. So a very up close series talking to this tournament. It actually just had a lot of mean closer towards the end right to to ones, and then the three to which is great for the region. Right. If the teams are close in keeping games off each other worth noting was the absence of secret obviously who have one Basically everything the last two to three months in Europe So them not being there might have leveled the playing field a bit. It's hard to say how much the other teams have caught up when secret aren't part of the tournament. But obviously, `NIGMA great confidence boost. It's been awhile since they've been doing this well Close finals, five games every game was I mean it's kind of a patch right? Most Games were like thirty to forty five minutes. There were no marathons and no GIG stomps but you know it's it's kind of just your your average game time. I guess have you played assemblyman a game yet by the way? Have still have not I don't. I might have actually. have. You finally been introduced the I'm trying to remember. If I had a game with a I. Don't I like maybe I had one actually I'm not positive how it might have happened but did it was one game? Okay. That's incredible. I mean it's not that important. It's to me they're the coolest items in the game, but anyway continue. No. Yeah. So I mean we. We should just I think just focus on the podium, right? Okay. Third Alliance, second `Nigma I and also scary team. Veasley. Teams at any time looked like all three could win because of how the series went so. Yeah good stuff going forward into the Omega League which is a much bigger tournament in terms of price pool we are casting in that by the way if you missed we started casting yesterday. Yes. currently casting their close qualifiers for the European region and that will be casting that over the next week roughly. Make sure you guys check that out actually I. Didn't even I think we're we're not just doing closed qualifiers. We'll doing some of the normal pre playoff stage so I think other than yesterday. So going forward today after this podcast actually will be doing one series an after today, we have three more days in the next two weeks span that were doing games. And then. I'm done at the very least your your schedule is going to be like, but don't know. I don't know anything about what I'm doing. Is this the first? Tournament secret is. After their break feeling that break has been that long it's been like a weeks is the first one. Yeah. I've been two weeks is a decent on time and Doda. To be honest I three weeks. So just to refresh people, EG is going to be part of the EU division on this. So it's quite staff I mean we might as well just mentioned all the teams team secret navy liquid VP flight, a moon E. G. OG alliance `Nigma and NIP, and then to close qualifiers which I mean we can go off on a limb and say who we think are GonNa win because I. Think. Viking. Is definitely like major. and. Then the secondary team, it could be bait. A. Pires these days think hell-raisers quotas well as get their stuff together like there's there's multiple options but I would definitely say clear favorites from nearby. To get first place. In those qualifiers. They've been pretty impressive. They've been they've definitely been very good Yeah. I mean I think this tournament is worth like just emphasizing bit that this might be quite possibly the best tournament of the year at this point because with the development of covert I, don't know if we're going to get any big land until the years over If things start opening up in October or whatever tournaments right now can bank on it. So they can start booking venues and planning everything. So it means if there's announcements of of stuff getting a bit less extreme in, let's say two months than they need a preparation period. So I think at this point, any big land this year's just very unlikely could add this online ones mega stack tournament at least for the West there's probably going to be bigger tournaments for the east than this but. Yeah, it's a it's a very big western tournament. So if you if you WANNA watch some of the best daughter, this is your chance to maybe watch the biggest turn. It says it goes through to September six is actually true correct Dan. So it's a really long term. So this close qualifiers and then there's a big group stage and then there's playoffs. Are Okay. This is gonNA. Be Dumb to bring this up. What are we casting for? The next two is adjust close squall. Here's my actually mistaken. I think it's just close quote Holy Shit. I think the Games I believe the group the group stays in Europe starts August fourteenth. My birthday and I. Good. Let. Me Just check the America's America Start Sixteenth and Asia is already ongoing with the group stage. That's August. I, sixteen they're way ahead. So the playoffs and group stage of the main event. If you WANNA call it's three weeks. That's crazy. That's
"eu" Discussed on Eu tava la
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"eu" Discussed on Eu tava la
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Big tech CEOs testify before Congress
"So, this hearing just going to say it, it was six hours of chaos. So. So many things like individual moments of pure chaos happened this hearing. But because every member of Congress was only given five minutes to ask the questions in and they moved on, no one could process the moments of cash. So here are some things that happened during this hearing. Jeff. bezos just started eating nuts on his call. That was just a thing that you started snacking for the first ninety minutes. It appears that basis had tech issues was operating in some kind of delay. So we didn't hear from him. They just answer any questions and they'd take a ten minute break Jeff. bezos could fix his computer. Amazing. Jim Jordan, who McKenna pointed out. On the show last week is always sort of chaos element. Try to talk over several members of Congress got yelled to put his mass back on floated. Just elaborate conspiracy theories. was when I say was chaos I. Don't know if there's any other way to describe it. I. Think that led a lot of people to think the hearing itself didn't accomplish its goals, but I think in many ways it did. But Kennedy you WanNa Kinda go through what the committee was trying to accomplish the themes they were pointed at in. How hearing played out, right. So okay. First off. Harkening back to last week I mentioned Jim. Jordan's mountain dew obsession. Definitely drink a handful those throughout the hearing I took notes in screen shots. So, I, called it. But regardless of their pores soda choices, there were a lot of lawmakers who definitely did their homework and I think that was really apparent throughout the entire hearing and when I look at. The picture that they tried to paint I think that became really clear in chairman Sicily's opening statements. So this is the guy who liked. And spearheaded the entire investigation from the beginning, and in those opening statements, he pointed out that yeah Apple Amazon Google facebook. There are different in a lot of ways and they exhibit anticompetitive behaviors potentially allegedly and a lot of different ways. But what they tried to pull together and was a story, and it's really hard to tell a story and five minute fragments. But what happened yesterday was Sicily. Ni, and a lot of the Democrats on the Committee wanted to point out that these companies they become bottlenecks for distribution whether that's information or just like APP stores marketplace's they control what gets distributed in how what was really key to the investigation was how? How they survey competitors. If you have so much control dominance over a market or a specific part of the tech industry, you have a lot of insight into your competitors and you can do a lot of dangerous things with that, and then lastly, after that dominance has gained, it's how they abuse it. Right? How they abuse it to make harder for small businesses in competitors and I think that's exactly what Cellini pointed out in the beginning and I think they did a poor job that storytelling throughout the process. But I think that's also our job. Right is to pull that evidence together and tell that story for them in a way that isn't like. Yes, no yelling at CEOS and like stopping them and I think by getting that in the evidentiary record doing all this questioning, I think they really did achieve their goal in the end. Yeah. I mean, I think the thing that happened sort of next to the hearing was that they released a bunch of documents from these one point, three, million documents of clutch. Over the past year, they released pretty targeted selection documents for every company showing some of this stuff, Casey, I wrote a story about. facebook. INSTAGRAM. My I'm going to frame this email or mark Zuckerberg. Literally one sentence, no period. The Andrew says I need to figure out. I'M GONNA buy instagram like I would love to just be in a place were sending that email like super casually like I got this thing to figure out and it's not like am I gonNa buy the model of the car. It's like instagram. I've been thinking of the text messages where so and so says that Mark Zuckerberg's didn't go destroy mode on instagram ever since they got that up. Case she this to Kevin and right that text was. Yes. Well, it was Kevin. System was talking to an investor and Kevin said to the investor. If we don't sell well, mark, go into destroy mode on us and the investor side probably. Of course, stray casual. So there's just a lot of documents and I think one of the functions of hearing was to get those documents into the official congressional record to make the CEO's account for them. That did not seem very successful to me. Is like a takeaway people should have from this hearing, right? No. I think a lot of people that go into these hearings are expecting like these big Gotcha moments and expecting like a lot of news and all this stuff. But it really, it wasn't oversight hearing. You know it wasn't. They didn't come. They came at this like in a report last earlier this week that they came out at as investigators. They didn't come at it to make a big show horse and pony show out of it, and yet I think the CEO's didn't. The record well enough to the extent that they could have. But there was definitely, I was expecting them to do a lot less evasion and I expected a lot less room probation with the documents, but it's just the process of a Congressional hearing. It's. It's hard to do that in a congressional hearing. But if you put those documents out there, you get the CEO's on the record a little bit who does excite this excites the FTC. J, and that's who can take this next and then it's also congress. You know they can't break up a tech company, but they can regulate going forward and it's those three key themes that I pointed out earlier that they could regulate. You know what I mean. They could legislate to forbid companies from surveying competitors and things like that, and that's where this goes. So the format of the hearing, every member and five minute chunks, it seemed very clear that the Democrats had some sort of coordinated evidentiary strategy, they would start and. And they would say, I, want to read this email to you. What did you mean by this email and then Jeff bezos would say something like I have. No idea is on works. I. Was real pattern that developed was basis really not doing or claiming he definitely knows claiming not really no way Wayne is under the thing they did or they would ask sooner Pichai about the very granular add deal google made by an ad product, and soon I, would say I'll get back to you, which is basically all responses. So the Democrats seemed like they were coordinated to move through their documents. The Republicans seem to be doing something else that also seem coordinated intentional, but what was their focus because that seemed clear split my takeaway from Jim Jordan who? We got into earlier, he he was interviewing. As if they were all Jack Dorsey. And as we talked about like, yeah, he invited Jack Dorsey to testify, but he doesn't sit on the antidote subcommittees. Anything. He says, it just doesn't matter. So it sounded to me as if he prepared questions Jack Dorsey and then it was like, oh, he's not coming I'll ask Tim Cook the same questions. Another completely crazy moment that happened just seen by and five minute chunks is that. Represented Sensenbrenner from Wisconsin Dear Sweet Wisconsin. Definitely. Asked Mark Zuckerberg why the Donald Junior was banned from twitter and mark. Zuckerberg was happening on twitter facebook and there was just like a moment of confused silence, and then he tried to move on and that just sort of floated by in the river of chaos to tell you how much chaos there was kneeling. When you started to tell that story, I thought you were going to tell the story about when Jim Jordan asked him cook if the famous one, thousand, nine, hundred, four, Apple Super Bowl, AD was actually about twenty twenty cancel culture, which is another thing that really happened. I think that's out of context. He didn't ask him. He said clearly, this is. That's definitely what Steve Jobs was thinking IBM is canceled culture and Apple's going to break it with hammer and Jeff. Bezos said that social media is a nuance destruction machine and all this crazy stuff from that. It was a wild will that that particular question when Jim Jordan asked, do you support the cancel culture mov, you could see the CEOS like. 'cause they went in order. He asks them all in order. So First Tim Cook just like basically muttered nothing. Here's like I don't. I support speech whatever. The iphone a keyboard like that was his answer. Sooner per child also, just like muttered, right? He's like Google has always supported free expression Zuckerberg like saw the opportunity and took it and the forces of liberalism I rising I, and then basis was like I cannot. I cannot do in like went for it, and that was just totally insane moment. But it also seems like the Republicans were intentional to try to create their own moments where they were yelling at CEOS about bias on platforms is obviously something cover a. At. You were paying a lot of attention that case you're paying a lot of attention to it. Do you think that was effective in creating because you know there's like a parallel conservative Universe Jim? Jordan was on Tucker. Carlson. Last night like was that effective or d think that the CEO's were able to sort of tamp down on interesting the Tucker Carlson pointed out that Google and other companies are all big donors to Jim Jordan another folks. So that is a weird side, but I think it was actually besides the moment where they mixed up twitter with facebook I. Think this was much more effective off. Off Topic yelling about technology than we usually see like are genuinely issues that like they are upset about that, they could point to largely around like cove nineteen misinformation and they could at least like pick those topics and stick to them rather than kind of asking vague questions about like, why is my phone listening to me? Well, they're definitely asked questions about why are my campaign emails getting filtered by G mail? Yes. I should. I should mention that they have really and they have all of these cases where they ask about extremely specific one off incidents that anyone who has used social media knows happens constantly. And, then turn them into a sinister pattern. But I think they managed to come off as sounding more like they understood what they were talking about the unusual. I think that was a real theme of the hearing, Casey. What did you think of this sort of bias side show that occurred? Well, I mean the the idea that conservative voices are being suppressed is foundational to the conservative movement and is behind the rise of conservative talk radio. It was behind the rise of Fox News. Now that social media exists, we have seen it in this new form, but it is sort of being presented as extra, sinister and worthy of. Some sort of legislative intervention what frustrates me about it is that much more than newspapers or or cable news like Mark Zuckerberg Dorsey. These people benefit hugely from having all possible voices on their platform. None of them is incentivized to drive conservatives off their platform. What they are incentivized to do is have rules that make the place safe and welcoming. So that people want to hang out there and so to the extent that there are issues on the platform, they've largely come because these platforms have rules. And you know you would think that a bunch of free marketeers would realize that the alternative to the system that they're so mad about would be creating a new system, but they don't seem at all interested in doing that. So I just sort of dismissed all of them as charlatans I actually thought it was interesting that the opposite track came up, which was the Stop Hey for profit campaign I kind of wasn't expecting that. The representative Raskin I believe asked facebook. Basically, why aren't you kicking more hate speech off. I forget who else asked like look is the point that you're so big. You don't care about advertiser boycotts I. Mean, you know it will here. Here is a fact that the number one complaint that facebook gets from its users, the thing that users. About. FACEBOOK is that it removes too much content and so if you're running the place, you do have to take these complaints seriously in a way. Right? It might not be you know that you shadow band conservative whatever that even means on social network in twenty twenty. But the fact that you're removing content is really upsetting people. So you can't dismiss that idea entirely, but I still don't feel like we're having that intellectually honest conversation about it. So this was definitely I feel like you can connect the you control distribution. We're GONNA show the abuses of power narrative. We got other. Democrats. With the you control distribution. You're banning conservatives right like I. Think what's Sensenbrenner Again, cups and conservatives are consumers to is that people don't realize that like fifty percent of the population in many ways. But facebook has like famous conservatives working its highest levels Kevin. We last week, we're talking about Kevin Roose keeps sharing the list. List of the most engaged content from crowd tangle. It's all conservative content, and that's so problematic for facebook that they're. They're pushing back with other metrics and graphs of their own, making the facts just aren't there, but it doesn't seem to be convincing. Brett Kevin is being asked to recuse himself from facebook case because he's like best friends with facebook I, AP I wrote a column almost two years ago. Now, arguing that conservatives were trying to redefine. Any conservative identified person having any unwanted outcome on a social network, right? So bias is your name was higher than mine in search results. Bias is used suggested that I follow a Democrat and not a Republican right, and if you take action on your policies that apply to everyone against me a conservative that is biased against conservatives, right. So and by the way I have to say this has been hugely successful because we've talked about it. How many minutes now and the longer that these discussions. Discussions. Go on. They just sort of refi people's minds. The idea that there really is a vast conspiracy to silence conservative speech because he's networks are so big millions of conservatives are having experiences like this every day, and now there is an ideology that is basically a religion for them to attach to, which is although Silicon Valley liberals are out to get. Reason I wanted to talk about the conservative side show, which in many ways was a circus is it feels like the notion that we should be punitive to the companies or mad at the company's. Bipartisan, right we were. We were not looking at a hearing where the Democrats were on the attack. Republicans are saying we love. Apple. We're looking at hearing where they were. Everyone was mad. There are a couple of exceptions to that. There were a couple of I think sensenbrenner and a few other folks were like look we want to be clear. Big is not bad. We just WANNA make sure we're not punishing you for your success, but you were like almost entirely, right? Yeah. I. Mean I. think that's it's important to. To capture that mood like Jeff Bezos Mark Zuckerberg, Tim, Cook soon. Darpa, try they usually get to finish whatever sentence they start saying. Right. They're not used to being interrupted. Their thoughts are usually like you know they get to live in complete sentences and people take them seriously here in five in intervals, they were interrupted almost every time they started speaking to be told that they were wrong that they were filibuster at one point Sicily said stop thinking is for the questions. We can just assume they're all good questions. They. Were getting yelled at and they're going yell that about a variety of things that were pretty specific. So you kind of in your kind of structure here. The first one was controlling distribution. What did you hear as a hearing went on the indicated to that? The committee had a case here? I think the apple's APP store is one thing you know charging thirty percent cuts on certain things is just controlling an APP store. It's the same thing with Amazon's marketplace. They can inherently in control what gets placed and what gets sold and you know if they want to play with search results on Amazon, they can do that, and then on facebook and Google, it's not just like products and software that's information. And it could be information when it's like Google. Google. Stealing yelps, texture views right in putting those in its little info boxes in search queries in facebook if facebook is just like an. Mation, distribution platform and. It can decide Algorithm Mickley. Knowingly. What people get to see this bution was very keen to the committee's hearing yesterday and they pointed out different aspects in which you know each company exhibited that kind of behavior. So the one that will you bring up apple? We wrote about this, say there's much emails. Apples document production is just one hundred and thirty pages of unrelated emails and whatever order see it's like scan through it. So there's a lot of little stories in there. There's one about right to repair and apple realizing it needed to repair. By watching PR people operate by reading their emails journalists. Very entertaining. They're like we had a break like here's our strategy. Here's we're GONNA. That's all in there. You can look at it, but there's a lot about the APP store itself and how they're going to use the mechanics of the APP store to control their platform, and it started at the beginning like the first emails in this production from twenty, ten there. From Phil, Schiller Steve Jobs saying, are we GONNA? Let Amazon Sell Books in the kindle store. Store, it felt like I saw an Amazon ad was hard to watch this hard to watch this ad where a person's reading a book on an iphone in the kindle APP in the pick up an android phone keep reading. He's like literally like it was hard to watch like Schiller's at home like pain what a customer is having an experience that good it really just. Heart and so he's like it was hard to watch. You fours Steve Jobs. They're like we gotta shut it down jobs is the bookstore will be the only bookstore on the APP. Store. That's the way it's going to be everyone's gotta used to it. We know that restricting payments will hurt other things, but that's what we're doing and they started there in two thousand ten and they pulled it out, and then that ladders up into everything that we've seen with, hey, ladders up into the analysis group showing up to. Apple, can pay them to say that there's independent study has revealed. Everybody has a thirty percent cut. It has landed up into Tim Cook, forwarding. He gets a letters from developers that are in this direction. It's like apples breaking my heart and he just like Ford's it. Tim, Cook forwards that email to filter credit eighty, just as thoughts like amazing like they are constantly thinking about the APP store as a mechanism of control for the platform in the leverage and other deals. So the other one was apple is this Amazon one which I have very mixed feelings on saying that this is bad or legal I'm curious for all of your thoughts famously. Did, not have the prime video APP on the Apple TV and all these other places apple, Amazon came to a deal. There's an entire presentation in this production like the slide deck of how the deal is going to work. Apple got to be the preferred seller of its own product. So third parties cancel. Apple. Products, Amazon pages, they got. They have a custom by flow. They've custom product pages, all the stuff in return. Amazon got a lower commission on the APP store and gets to Selatan products which no. No like you can rent a movie from the Amazon APP on the Apple TV, no one else gets to it in one world. This is just pure platform collision, right? Apple cut VIP deal for big companies because it wanted something and you could say this is legal in another world. It's like this is how deals work apple something valuable. Amazon s something valuable and they came to a conclusion wherever made more money and quite frankly the consumer experience platform has got better. How do you read that? Casey? That is good and fair analysis of it. I. Think I did read slightly more scandalous. Tones into it in part because apple would never acknowledge that some developers are more important to it than others even though if you assume that that's true, I think maybe one of the things that's frustrating about it is there is no transparency accountability around which developers get sweetheart deals is that once you hit a certain threshold of revenue will cut your price. Why couldn't they extend that deal to everyone right? Or is it just if we withhold something that seems particularly valuable, we can eventually drag you to the table. Table, which is sort of what seems like happened here. I think in all cases, what I'm always looking for is the accountability, right like and some sense of of equitable treatment of developers and I understand the guys are always going to get the best treatment, but it can that be publicly visible. Can it be acknowledged and there'd be routes for others to achieve that same level of success and treatment, and that I'll just seems missing here. Did you buy Tim Co? He said it twice. It was obviously A. Glimmer, of sympathy for all four CEOS. There is a lot of reporting that they had spent months preparing for this hearing like being grilled there, they'd hire outside law firms. They. Practiced they all clearly had soundbites memorized in none of them. Got To say him because it kept getting interrupted. Tim Cook had this one where he is like if we're the gatekeepers, the gates are open wider than ever. We've gone from five hundred. APPS to one point seven, he said like. A whole speech. and. The thing is there's fierce competition for developers. They don't like our store can do for android the windows. For xbox and PS. Four. Which I was like the idea that adobe is going to be like we don't want to be on the IPAD. Here's PS. Four Photoshop is insanity to me. I'm going to build a spreadsheet. APP. For the five. That's how frustrated with Tim Cook. To that ring. True to you I. Mean, there's no, it does not ring true. There is a, there is a duopoly. In the United States when it comes to smartphones, iphones have majority share in the United States and you can't say, well, you know there's there's a rogue fork of android in Malaysia that you could go develop for if you really wanted to and have that come across as a credible argument to Americans. Right it is. Natural for any monopolist to spend most of its time, arguing that it is much smaller and much less consequential as as you think it is and they're essentially always asking you to ignore what is in front of your face, which is that they are the giant. They are in control. What they say goes, and it doesn't matter which small businesses get hurt along the. The. Way I would point out that the contact and we're gonNA talk about earnings eventually. But the context for that is apple had its biggest third quarter ever this month, their revenues went up eleven percent year over year, they're making obviously making billions of dollars in their services revenue, which is a lot of the narrative around the APP stores increasing that services line. Also went up. I think it was thirteen billion. So you're right. They're very big in their earnings the day after the hearing did nothing. To reduce that impression. I want to switch to Amazon a little bit McKenna. You really focused Amazon was basis first time up there. They came at him a lot about marketplace. How did you think that went I think it went pretty good. I. Think. John Paul specifically was just like killer her questions with breakout star. Yeah. She was just like killer and she's the representative for. SEATTLE. So this is where Amazon is right. So she just like killed it and. And I think there were a couple of instances in the documents and in questioning yesterday that really pulled important things out there was like testimony from one bookseller who was like, yeah. We just can't sell a category of books and we don't know why Amazon doesn't let us do that just like testimony like that or even when it comes to like acquisitions, the ring acquisition especially, I wrote about that today through the documents and how. They said, this is for market position. This is a for technology, your talent or anything. We just bought this and that's something that base said again, yesterday he was just very clear. It's like, yeah, we do buy things market position, which is like so insane just here like the richest person in the world. But like, yeah, we're buying market position. It's just what happens. That's another one I have mixed feelings right, and by the way, people should read McKenna story because those documents have just a very funny breakdown like the pros and cons of buying. Buying ring in many of the cons like what if this turns into nest, which if you're just the verge cast listeners like it's just like the Keyword Bingo, but it's fine to say, we're buying market position like this isn't the best product out there, but it's the category of video. doorbells is not huge, right? So to by the the market leader in video doorbells is maybe the most rational use of the money. What is the problem that you think the committee was trying to show an address sense of we're just going to market position. Pointing out, they can just do whatever they want and how casual it is, and there really isn't. It's really funny to read an email like that, and we could buy it or we could just copy it or are. We could just watch. You know that was one of the emails that base from someone. Those are just three options you know and it's like just pick and choose you know. Pointed out like a lot. Just that email itself really pointed out just how easy it is for them. They used a lot of that time history to talk about copycat behaviors and to talk about just like you know buying up competitors and it just seeing that all in one little e mail having to do with the ring was like really i. think it was really kind of I opening and especially like useful for the committee. So Amazon got hit a lot for the data collection side of it of copying competitors. bezos did not seem to have great answers there. Right. So that's the. The thing they got in trouble with this. There is that Wall Street. Journal article from like April where employees were literally like, yeah. We dip into data and we use that to guide our own private label products and everybody was like Whoa and Amazon basins. Yesterday said, well, we do have a policy that bans that but giant pointed out yesterday. It's like, okay. So what's your enforcement look like you can have the policy, but like if you don't enforce it, then it's like meaningless. And then yesterday I. Think Paul was like, can you give me a yes or no answer? Do you dip into data and he's like I can't I can't give you. Yes or no, and we're just like we're looking into it. The story had anonymous sources. So that isn't very helpful to us. You know what I mean. So that was one of the main things and that Wall Street Journal article and I think it's the same kind of examples in the committee's documents. They point out specific examples like car trunk, organizers of all things. It's like weird little products like Amazon's like this is a little hot. Maybe we should do that. So I, I think. I, think they made a good case yesterday. Yesterday on that. Yeah. I mean bezos brought up that Wall Street Journal, Article himself twice, and he was like, well, your policy against it. But I can't guarantee never happened. Then there is a strange just didn't come across clear I. Think I know what the committee was trying to get at their like US aggregate seller data when there's only three sellers and then only to sellers? Yes, I. Think what they're getting at is when you're down to the aggregate data of two companies, you heard effectively looking at individual data. What is the problem? They're like the I get what you're doing. You're just reducing the denominator to get to one, but like it, why is that particular problem? Right? Well, none of these. Dipping into individual seller data and looking at aggregate data. That's not a legal. There is no law. This is all voluntary of Amazon. So they have a voluntary policy where like we can't do individual seller data, but they say nothing against aggregate and aggregate what you're getting at eight. Here you is. Does the same thing if it's just like some goofy little product they. They bring up pop stock. It's all the time before pop tops in a moment. Right? There's only like one pop. So company like you know pop soggy, it was kind of an innovative product. It's like well, if there's only two of them and use the aggregate data, you you you have everything you need to know you know about that product line looking aggregate. If that's what you decide to qualify as do you as you're looking through the other Amazon documents and other stuff. So anything jump out at you is something the committee was trying to prove or get at. The questioning seemed very focused on. Like are you using the state at a copy products? Are you buying things? You shouldn't buy. There's one question which I did not understand why came up about DMC. Take downs on twitch and Jeff as just had this look of panic in his eyes. He's like I don't know man I bought Wedge because my kids want to. Do something like that was like the side show stuff, but the real focus here, it just seemed like it was definitely in the marketplace, right? Amazon, everyone came at Amazon for the marketplace. That's what everybody knows him as like they have all these little sides. They got rain. They got Alexa Alexa was one thing too. That was kind of interesting. It's like. Are you buying things like ring to put Alexa into and dislike expand your like Titan Ism as like an Internet Internet connected home. Thing and make that more closed off and walled gardening. That was one thing. But no, it was just focusing on how much power they have to kind of change. What happens in the marketplace to kind of decide what companies in what products are able to come up on the first page of results. You know that's also something that they dug into Google and in something that one of those like themes that kind of ties everything together. We should say they all spend a lot of time talking about counterfeit goods, and why is it Amazon removed? Fake stuff from the platform and how much is it profiting off of you know selling pick rolexes? Is it surprising? The whole foods didn't show up at all they're. Like that is a really massive thing. Amazon owns that. Is it moving into a huge new product category? I think whole foods is not an online marketplace, which was the title of the hearing, not that that restricted anybody from doing anything except that, one of the things Amazon says is we have lots of competition from offline marketplaces, right? Brought up kroger a lot I mean, this is the case he's point. They all made. It seem like they were beset at any moment. They could be crushed by the likes of stop and Shop Right? Like I think the point though was really on the. Digital. Experience Consumers have and like I, don't know Ho-. Foods fits. Into that narrative, especially, because it is itself not dominant like they bought it because you needed to grow in their. Good at that at my question for you on the Amazon stuff was when you think about, we talk about two thirty a lot right like you and I in particular spent a lot time to thirty, which regulates with the platform can do with content. There's not really an equivalent of two thirty for goods on store. Right like there's some case is out there saying like you're liable for what what happens on your online store page, but Amazon doesn't have that like second order of like Messi nece around it that twitter and facebook to with two thirty, I. Mean, it gets invoked a lot for marketplace's, but it's way messier. Well, I just wanted to like this question at counterfeits question about ranking the store like they are even more free than any twitter is to to sort tweets algorithm. Algorithm clear to modern like it just their store. Do you think that they're like that Algorithm transparency? Your wire things ranked. Did you catch a sense that that's where the regulation is GonNa go. So much of the conversation around Amazon really felt like it was individuals sellers being wronged for reasons of Amazon being unresponsive or stealing. It's data. So I don't know it didn't. It didn't seem like a really big focus of the hearing, but it is a huge deal. Yeah. The, digital marketplace frame of this, which is where we have talked to. Cellini. That's where he's going right like facebook and Google very digital. They have like they don't do physical goods. Really. Apple is the APP store. It's all digital goods. Amazon is the one where it's. Front to a lot of physical things, and that is the only place where I can see this regulation needing to make some sort of like major meaningful distinction in I. Didn't see it in the hearing, but I was curious of you caught a glimmer of it. I'm not positive that they have to make a huge distinction there like depending on what they come up with because. So much of this is about their companies and whatever product they produced. The issue is more or less whether or not they're being surveilled and unfairly by targeted and crushed by that data surveillance. All right. We have gone for forty minutes. We should take a quick break. I said I wasn't going to go by company and it happens. So we should come back and talk with facebook Ango. We'll be right back. This is advertiser content. When I say utopia what comes to mind. Birds Chirping lush natural beauty dialed up and vibrant technicolor. Is it within reach. Your world world. World. explained. You are an essential part of the perfect social body. Every Body Matt Place. Everybody happy now while the peacock original series, brave new world takes place in a scientific futuristic utopia. A concept is nothing new Sir Thomas more. I introduced the theory five hundred years ago. But we keep looking for that community identity stability of aldous Huxley's Utopia and not finding it Americans are the unhappiest they've been in decades, and we're increasingly lonely whereas in a utopia. Everyone belongs to everyone else. In nineteen forty-three, the psychologist Abraham. maslow's developed a theory of Utopia. One that allows total self determination in basic terms. maslow's theory says that in Utopia, we decide for ourselves, what we need and how we're GONNA get it in Huxley's Utopia citizens always get what they want and don't want what they can't get. Sounds. Pretty good. Right. Then why can't we make it happen? For a Utopian Society the work we might need to disband some of the things we hold dearest marriage government privacy individualism even family. See for yourself. If a Utopian world is as perfect as it seems watch brave new world now streaming only on peacock. These are really difficult crazy stressful times, and if you're trying to sort of cope, it could be helpful to find something that gets beyond like doom scrolling and like obsessive worried. But digs into what is really going on underneath the surface, and that's what the weeds is all about I. Matthew Yglesias. Weeds podcast here on the box meeting podcast network. This is podcast for people who really want to understand the policy debates and policy issues that shaping our world. We've seen now more than ever like how relevant policy is to our actual lives, but so much in the news isn't focused on really understanding and explaining detail way if that sounds good to you, join us for the weeds, every Tuesday and Friday to find out what's going on why matters and what we can do about it. You could download the weeds on apple spotify or wherever else you get your podcasts. Tracy. When it comes to facebook I turn to you. FACEBOOK is patience consumer of startups as what we've learned. Yeah. But you said something to me yesterday was interesting, which is everyone else's problems are forward looking and it feels like facebook's problems are actually in the past break for people explain what you mean. Yeah. So when Congress is looking at any trust with respect to these four companies for three of them, it's It's sort of about the marketplaces that their operating right now with facebook, the question is much more about should we have allowed it to buy serum? Should we have allowed it to buy WHATSAPP and most of the antitrust conversation that was around facebook yesterday was all about that. What did Mark Zuckerberg know about Instagram, and when did he know it? We wrote a story based on some documents that the house released yesterday. In which facebook has clearly identified instagram as a competitor. In at least some ways and wants to go after it and knock it off the table, and so that's kind of where the focuses their facebook and Burke did get a lot of other questions yesterday, but it tended to be much more about content moderation and things that don't have a lot to do with antitrust. So there was weird section where they asked the face. Face Research APP in the novel, Vpn? Any kind of got lost well, explain what happened and I'm curious reactions. Yeah. So facebook has a bunch of nifty tech tools to figure out what's trending which APPs or the kids using, and so that can essentially have an early warning system if it needs to consider acquiring something or more likely in these days, go out clone it. and. So Zuckerberg was asked about the way that the company uses these systems and if they are anti competitive I, think you know traditional antitrust law probably would not say copying an APP feature is anti competitive, but could lobby written in the future about it shirt I. Think the one that caught me was I mean, this is what I'm. McKenna's points from earlier is like one of the themes here is, are you so dominant that you can collect data that's unfair and then use that to crush or killer competitors, and definitely bought the Inaba VPN to do it. That's true. Now, when I've asked executives at facebook about this, what they'll say is they don't get surprised anymore. When you have three point, one billion people using your apps around the world. You know what links they're sharing, you know what they're talking about. And so you're not going to need some kind of specialized tool to know that WHATSAPP is really taking off. Right. So they would argue that, yes, these tools were useful to them, but you know at their scale, they know what's popular now, which doesn't really seem like addresses, the problem is reached. The fact that we're so big that we're all knowing is maybe not the defense that they sometimes presented as so here's what I didn't get. I thought, Zuckerberg I want to the instagram. What's about who's issues, but on the facebook research front, the data front, they him about this APP facebook research, which you were giving to teens. They were deploying with an enterprise certificate that story broke apple revoke the certificate, and all of facebook's internal APPs went dark, and this is a scandal story after story about it, they went on for two days. So I can I, don't recall that APP? Just how he you know, he remembers the day that all facebook's internal APPS went down and people couldn't go to the cafeteria. I would agree I found that answer. Extremely, ed? Persuasive. that. Do you think that was like actually strategic for him to be like, I, don't know and then come back later and correct the record I do remember when that happened I. Mean. I really don't know I mean also you know during a six hour hearing, it's also possible that you just you get flustered or you miss here something or or something because. Yeah. As as you say, I'm sure he remembers the day that apple turned off their internal APPS I mean. Honestly. Seems like an opportunity to talk about apple's market power, and the fact that you know a day of work canceled at facebook because apple got mad. But I think most of the CEO's didn't go into yesterday a wanted to pick fights with each other. It was kind of sad that they didn't. I was Kinda hoping that Tim Cook take a shot at soccer burger. Point that the other two APP platforms I was expecting it. It was there. It was. There was all there. So cellini ended and he ended the whole meeting with closing statement. He said, some of these companies didn't get broken out. They all need to get regulated in the off too much power that some of them I. don't these breaking up apple. What sort of break. Right like. The division get sent into the corner thing about what it's done. Right. Does should spin out the finder team I've always wanted to. A clean is always that they want to. They want the APP store to be separate from the IPHONE. Basically, that's the thing I always hear. Can't break I. Think you can write some strong regulations but not playing you're on store, right. But like Elizabeth Warren's point was it's cleaner if it's two companies, but it's still a gigantic remedy that I don't think there's a lot of like like consumer or public opinion is going to walk into an Apple Cup I think you'll radio at marketplace. It seems very clear that we says some of them she broken up he is talking about facebook. I have a twenty percent conference level. He might be talking with Google and Youtube as well. But if he's going to say some of the need to get broken up like it's facebook, did you hear anything yesterday that supported that conclusion or Saudi stocks I? MEAN HE I don't remember which Republican it was, but he was like the Obama FTC looked at this and they said it was minding love. Obama. Right. Like. Why would we go back in time to relook at I? Mean, there is a belief and I mean. Somebody who thinks there could be a lot of benefit in instagram and WHATSAPP being different companies from facebook. And the reason you ask. So many questions about that acquisition as you're making the case that it never should have been approved in the first place, and so now you need to remedy it. So that was actually like the entire thrust of the argument against facebook yesterday. I think, you could probably make just as good a case that Amazon after spin out aws, but lawmakers chose not to make that case. Yeah. I think that also gets into. Politics of the acquisition of the time. To his credit is like nobody knew instagram would actually be a success like we made it a success. It didn't happen by itself. I, don't know if the lawmakers. By award, these guys said, but I don't know that he actually made that case very persuasively. and. Who knows I mean? That's like anything could have happened. Right? Cram could've stayed independent and rapidly grown and overtaken facebook like that's something that could have happened. It could have kind settled into a middle zone like snapchat or twitter seems more likely to me although I think probably would have been bigger than those two but. You're never going to know I mean it is true that facebook gave Mike and Kevin it instagram enormous resources. A lot of the reasons why Mike and Kevin sold was because running tiny startup that's blowing up is absolutely exhausting Mike. Krieger. was dragging his laptop all around San. Francisco. Because the servers were melting at all times of the day whenever Justin Bieber. Posted like the site stopped working and they really we need help. Finding a person who can quickly fix this? So we don't have to like that is the reason that they were entertaining these offers and wanted to sell it. So that is also thing that happened. Do you think that that same kind of argument or approach can apply to what's up? What's up basically did not come up yesterday and all the focus on Instagram, but that's the other one, right? Yeah, and we know weirdly a lot less about that acquisition I. Think it's because people in America just have so much less love for what's APP generally. That, it's never seemed as important. What happened to WHATSAPP as what happens to instagram even though WHATSAPP, is used, you know way more, it probably has way more engagement even than instagram does so I don't know why that didn't come up as often. We know there was a competitive bidding war for that as well. Goule. Wanted it as well. You know Mark Zuckerberg made them an offer, they can't refuse. Do you think everyday Google's we should've spent more money on what's whatsapp like this could have been solved. Should have, but Google has been placed under an ancient curse that prevents them from ever making the right decision about any social product. So it was doomed never to happen. It's fun looking through the documents and watching them casually say they should buy facebook dot com. Yeah, that. Point. That is how they talk like the window into these executives just casually being like we should just this thing or maybe not, or we should just copied ourselves and kill it before it gets any traction like it's repeated over and over again last facebook question. This one is like harder to parse because I. There's a chance, it's October is just joking around but. But. He's in many of these emails. He's like the thing about startups, as you can always buy them, which I think the committee thinks is a smoking gun, right? Like facebook's entire plan is to buy the competition to get the data from wherever they get it to say, oh, man, this apps popping, we just buy it and kill it before it competes with us. I. Think he actually said at one point. That's a joke. Yes, he did and I believe that you know it was two thousand, twelve, right? He was probably still in his mid twenties. At that point, the company was a lot smaller like people were joking around like there's more loose talk when companies are younger and I do think. It was it was part of that. I think the more interesting question becomes. Let's say facebook is telling the truth about everything. Let's say they thought it was going to be a successful acquisition, but they never knew it was gonna big as it became today and they invested in it and it got super big. Okay. Well, now, it's as big as it is. Should they be allowed to keep? Keep it or should they be forced to spend it out and if you're GONNA force them to spin it out. What's the argument that you'RE GONNA. Make about why one question that I have a lot is clearly the referral they're gonNa make, and it seems like if you don't have some other reason, we've heard hints that there's some other reason, the FTC scrutinize this that will eventually be revealed. But what you're saying is the antitrust standard at the time, the Consumer Hartman stand, which is still our standard. Says, you have to prove prices will go up both products for free. You're screwed. Right? There's nothing to review because you're not gonNA prove prove that free products are gonNA get more expensive. I think it's pretty unfair if you change the standard and you go back in time and say you missed that standard. So I think there has to be something else there. Well, what was the standard by which at and T. was broken up? Right? Like presumably at and T. didn't used to be that big, and then it just got really big and then they broke it up at least. That's the thumbnail understanding I have of that break-up. Well, yeah. But then reformed itself. Right. But because of lax antitrust regulation, right? Like it wasn't a naturally occurring phenomenon that all those APPS got back to the other or was that just sort of like inattention to capitalism It's like in the seventies and eighties. This is Tim moves book the cursive bigness in the seventies and eighties Robert Bork I can't talk about Robert on this podcast. Are we doing this right now. Robert was very influential judge Appellate Judge Federal Appellate? Judge. And basically moved the antitrust law to the consumer harm standard as part of a movement called and economics. A whole thing Robert. Bork. Mostly famous because he was not appointed. He was nominated Supreme Court by Reagan but they leaked video tape rental history, and then he didn't get nominated and that is where the expression getting bork's comes from. This is all true Netflix's still has to abide by videotape data privacy act is a whole. This is all true when facebook and Netflix had some partners, Nansen? Partnership. To. Automatically share your net flicks, watch history to facebook. They're like pending the change of this law which we are working on Robert Bork. He haunts us all. I'm sorry, I can't believe this much. Yeah I. think that's just like the law changed in the in the seventies and eighties, the standard change. The conversation right now is a very much about changing it back months and months ago, pre pandemic, we had an economist from I. Think it was Nyu Thomas Philippon came on the show, and he was like look you have this natural ab test going on in the world where the European Union when it formed was like, how do we get an economy like America's? So, we'll just take their competition policies pretty good, and at the same time we changed consumer harm standard. So everything you're seeing the EU is basically our old competition antitrust standard in. You can see how active they are in everything. Here's a new consumer welfare standard. Whether you believe, this is actually a functional Ab test given. The state of both governments is up for debate, but that was his point I thought. It was spare can say.
EU prolongs North Korea nuclear sanctions for a year
"The European Union has prolonged sanctions against dozens of north Korean officials and agencies for year over Pyongyang's continued efforts to develop nuclear missiles and other weapons of mass destruction you have quarters it said in a statement that the asset freezes and travel bans involved fifty seven people and nine entities which are typically companies banks or other organizations and will be reviewed again in a year it said that most in peace and denuclearization of the Korean peninsula must be achieved by peaceful means underlined that the diplomatic process must be continued as the only way towards realizing that goal the issue has imposed sanctions on several countries notably Iran and Venezuela but the measures against North Korea which were first introduced in two thousand six R. it's tapas I'm sorry I. Sheckley
EU prolongs North Korea nuclear sanctions for a year
"The European Union has prolonged sanctions against dozens of north Korean officials and agencies for year over Pyongyang's continued efforts to develop nuclear missiles and other weapons of mass destruction you have quarters it said in a statement that the asset freezes and travel bans involved fifty seven people and nine entities which are typically companies banks or other organizations and will be reviewed again in a year it said that most in peace and denuclearization of the Korean peninsula must be achieved by peaceful means underlined that the diplomatic process must be continued as the only way towards realizing that goal the issue has imposed sanctions on several countries notably Iran and Venezuela but the measures against North Korea which were first introduced in two thousand six R. it's tapas I'm sorry I. Sheckley
German Consumer Confidence Soars on Virus Stimulus
"Anyone who sort of picked up the press in Austria Switzerland, and of course, Germany yesterday, we saw some interesting indicators maybe as a first sign of just consumer confidence and certainly, and really talking about the confidence of of managers. You know many thousands who were pulled in in Germany and the sense. Anna that Yeah. When when they were being. Pulled last time some six weeks ago. Of course, things weren't looking so good but they're feeling a little bit better and I'm not sure if it's just because it's you know August is fast approaching. But what what is your sense of this and think how much of is it is it is it really? I think linked to the seven, hundred, fifty, billion euros versus if I'm a middle stunned company or I'm traded on the DOC, said I'm just seeing results, I'm seeing business order my orderbook starting to inflate somehow. So I'm wondering what what the measures between the two. Well I. think that there is certainly a some optimism at play here. That is a result, not just of the weather and the August break I think it's the result. Also the positive news around the recent for covering package that EU disagreed on a deal I think we're also seeing some more positive data because we have seen many economies now easing the lockdown so when you compare Compare the data that is going to come out now, it's obviously going to look better to the data that we saw coming out in March, and April, may where countries were still very much in lockdown a due out however, think that's a temporary recite that will soon going to look at an economic much more gloomy than than forecast is currently assume at this point in
Sandworm: A New Era of Cyberwar and the Hunt for the Kremlin's Most Dangerous Hackers
"Everybody from the British. Ask this week's interview. Episode has any Greenberg senior writer at wired. He just SORTA book called Sand Worm New Era of cyber war in the hunt for the Kremlin's Miss, dangerous hackers, it is all about hacking group inside of the Russian government called San Worm. They were responsible for the most damaging cyber warfare attacks over the past year there behind not PECI. The hackers took out in the mayor shipping line hospitals across the U. K San has totally escalated. What we think of Cyber War, and he's book gets all into how they were discovered how they were flushed out the. The intricacies of these various hacks. It's super interesting. The book is a thrill ride. If you're looking for something that isn't the virus. This is like a thriller, a highly recommended. It was really fun to talk to her about the stuff. one thing I. WanNa know we're all at home so during this in every might hear some kids in the background. I asked you just be a little forgiving that we're all. We're all dealing with it and he was a great interview. Check Out Sandy Greenberg of sand worm, a new era of cyber war and the hunt for the Kremlin's most dangerous hack. Any Greenberg your senior writer at wired you're also the author of Sand Worm, new era of cyber war in the hunt for the Kremlin's most dangerous. Welcome glad to be here so even writing about cybersecurity frontier I think you just said two thousand six and writing about Cybersecurity, but this book sand worm as I was reading it. It seems like it's called the new era of cyber war. It seems like there's been a huge turn in sort of state-sponsored. Particularly Russians sponsored cyber attacks. How did you come onto that notion? How did you begin reading this book I'm I'm very curious how you see. See that turn happening well. In late twenty sixteen, my former colleague Kim Zetter she had been the one who really covered state sponsored hacking in cyber war stuff, but she left wired, and this was also at the time. When you know Russian hackers were meddling in the US election, they'd hacked the democratic. National Committee and the Democratic Congressional Campaign Committee and the Clinton Campaign, so my editors were really primes on face, mantra hacking all of a sudden, but what they? They really what they told me they wanted was a actually like a big takeover of the whole magazine. All about cyber war, but cyber war to me is different than those kinds of espionage election, meddling tactics so I went looking for no real cyber war story, which means to me like a actual disruptive cyber attacks, and as I looked around. It seemed like the place where that was really happening was in Ukraine not really in the US in fact maybe. Maybe what was happening in? Ukraine seemed to me like it was in some ways, the only real full blown cyber war that was actually occurring where Russian hackers were not just attacking the election which they had done, they tried this spoof the results of a presidential election, but they had also attacks media and destroyed their computers. They had attacked government agencies and tried to like destroy entire networks, and then they had turned off the power for the first time. In December of two thousand, fifteen, the the first actual blackout triggered by hackers, and just as I was look into this happened again the the effect, the seem hacker group caused a blackout this time in the capital of Kiev so I wince looking in Ukraine for this cyber war story that. Turned into a cover story for wired that kind of gave editors what they wanted, but then also kept unfolding This cyber war kept growing in scope and scale and. The original story written for wired was kind of about the fact that you could look to Ukraine to see the future of cyber war that will what was happening. There might soon spread to the rest of the world. And that is actually what happens to like just after we publish that cover story to same hackers released this climactic terrible cyber attack in Ukraine. Called Not Petiot that spread beyond Ukrainians became the worst cyberattack history cost ten billion dollars, so when that happened, that was when I saw that there was potential to do a book about this that it was not just a kind of case study about Ukraine or even kind of predictive story, but a an actual full story arc about this one group that had carried out the what I would say was not only the first. First Real Cyber War, but the worst cyberattack in history and the you know I wanted to capture the the Ark of that story in the effects, the real experience of cyber war. Yeah, so the group is called sand worm in this is just one of the the sort of opening arcs of the book is how they've come. They come to be named this because references and code walk people through just like it's so. relatable that like even these hackers are using using this language that leads them recalled Sandwich Tell people about it. So when I started to look into the origins of this group after that second blackout attack I I found that this this company called eyesight partners which have been acquired by fire I I, said partners was the first to find these hackers in twenty, fourteen, basically using fishing in kind of typical espionage tactics, plant malware in the networks of typical Russian hacking targets like groups across Eastern, Europe and NATO in a look like what they were doing was just kind of typical espionage. They were planning. This by wear calls lack energy buds will first of all they could see that they were rushing, because they had this server that they were using to administer some of these attacks and they. They left the server, so anybody could look at it in. There was a kind of Russian language to file for how to use black energy on the service, so these guys seem like they were rushing, but even more interesting in some ways. was that they to track each victim each instance of black energy? This malware has little campaign code in each campaign was a reference to the science fiction novel Dune and you know so like one of them was something about Iraq is, and then one of them is about the sutter cars, these like imperial soldiers in in that SCI FI universe so I said partners named this group sand worm, because well just because it's a cool. Name associated with doing, but it turned out to me. It became this very powerful because a sandwich miss this monster that lies beneath the surface, and occasionally arises from underground to do terribly destructive things. partners didn't know that at the time, they they soon afterward realized what sand. was doing was not just espionage, but they were actually doing reconnaissance for disruptive cyberattacks. They were also hacking power grids. They were planning black energy, not only in the European Eastern European targets in the US power grid networks as well. The Ultimately Syndrome was the first twenty fifteen to cross that line in use black energy as the first step in a multi step attack that led to a blackout. So this was not just espionage really was kind of like you know this monster that rises from under the ground to do terrible acts of mass destruction that came to pass so one of the things that comes up over in the book. Is this growing sense of dread from security researchers and analysts? Oh this is an imminent threat to the united. States just Ukraine, but like this is happening here and then there's a sense that the United States actually open the door to this kind of warfare with stuxnet. which was an attack on Iran? How how did those connect for you that it seemed like there's a new rule of engagement new set of rules of engagement for cyber warfare that actually the United States implicitly created with with stuxnet by attacking Iran. Yeah, I mean I tried to highlight. Clearly sand worm are the real bad guys in the story, they are the actual hacker group that did these terribly reckless destructive attacks that actually in some cases put people's lives at risk, the kind of in some parts of the story they actually shutdown medical record systems and I. Think may have cost people's lives with cyber attacks today they are the actual antagonist here, but I also want to highlight the ways that the US government is is partially responsible for the state of Cyber War, and there are a few ways that that's true. I The US! Open the Pandora's box of cyber war with stuxnet. This piece of now where that. That was used to destroy Iranian nuclear enrichment centrifuges that was the first piece of our that actually have caused that physical disruption destruction, and we now see Sandra doing the same thing in Ukraine. In in fact, in some ways around the world, also the the US hordes, these kind of zero day, secret hacking techniques, some of which were stolen and leaked and used by sand worm, but then I think the in fact, the biggest way that I tried to highlight that the US is responsible or complicit or negligent. Here is that we did not call allows what Santorum was doing in Ukraine and say to Russia. We know what you're doing. This is unacceptable. Nobody should be turning out the lights. Two civilians with cyber attacks. There wasn't a message like that I. mean the Obama White House sent a message to Russia over this kind of cyber hotline to say your election hacking is not okay. We see what you're doing and we want you to stop, but they said nothing about a tube blackout attacks in Ukraine, and that was kind of implicit signal to Russia. They could keep. Keep escalating, and even as all the cyber security, researchers and Ukrainians were warning that what was happening to Ukraine, would soon spread to the rest of the world, the US government ignore this both Obama, and then the trump administration until that prediction came to pass and a sand worm cyberattack did spread to the rest of the world, and it was too late, and we all suffered globally as a result, so let's talk about patch it. WAS CATASTROPHIC IN SCOPE, right? It took out the mayor shipping line, which is a massive business. It took out some hospitals in UK like it was huge in scope. I don't think people really put it all together. Talk about how it started and how big it grew. Yeah, so not too was kind of like big apotheosis sandwich, where all of these predictions of the terribly destructive things they were doing to the rest of the world came to pass but it did it started in Ukraine. They hijacked this. The the software updates of this accounting software called me doc that is basically used by everybody in Ukraine. The quicken turbo tax of Ukraine. If you do business in Ukraine, you have to have this installed, so sanborn hijack the updates of that news to push out this worm to thousands of victims mostly in Ukraine, but it was a worm, so it's spread the mmediately end quickly kind of carpet bombs. The entire Ukrainian Internet's every computer at spread to would encrypt permanently. You could not recover the computer, so it very quickly took down pretty much every. Every Ukrainian government agency twenty two banks multiple airports for hospitals in Ukraine that I. could count and in each of these cases. What is eight took them down. I mean it destroyed essentially all of their computers, which requires sometimes weeks or months to recover from, but then as you know, this is a worm that does not respect national borders. So even though it was, it seemed to be an attack intended to disrupt Ukraine. It immediately spread beyond Ukraine's borders. Borders to everybody who had this accounting software installed? That was doing business in Ukraine and some people who didn't so that includes Maersk. The world's largest shipping firm and Fedex and Mondelez, which owns cadbury, NABISCO and ranking manufacturing firm that makes tylenol in Merck. The Pharmaceutical Company in New Jersey on each of these companies lost hundreds of millions of dollars. The scale of this is kind of difficult to capture but I in the book I tried to. To I focused in part Maersk because it is just a good company to look at because you can. They had this gigantic global physical machine that is they have seventy six ports around the world that they own as well as these massive ships that have tens of thousands of shipping containers on them. And I told the story of how on this day seventeen of their terminals of were entirely paralyzed by this attack with ships arriving with just. Piles of containers on them. Nobody could unload. Nobody knew what was inside of nobody knew how to load or unload them with around the world of seventeen terminals, thousands of trucks, Semitrailers, carrying containers were lining up in Lyons miles long because the gates that were kind of checkpoints to check in the these trucks to drop something off or pick it up. They were paralyzed as well. This was a fiasco on a global scale is responsible for a fifth of the world's lable shipping capacity. They were truly just a rendered brain dead by this attack, but yeah displayed out at all of these different victims MERC had to borrow their own each vaccine from the Center for Disease Control because they're manufacturing. Manufacturing was disrupted by this, and it ultimately spread to a company called nuance, nate speech to text software. They have a service that does this for hospitals across the US to dozens of our possibly hundreds of American hospitals at this backlog of transcriptions to medical records that were lost because of this, and that resulted in patients, being do for surgeries or transfers, other hospitals in nobody knew their medical records were updated. I mean this was scale where hundreds of hospitals each of which has thousands of patients missing changes the medical records. We don't know what the effects of that work, but very well could've actually harmed people's health. Our lives I mean the scale of not petty is very difficult to. Get your mind around, but we do know that you know monetarily cost ten billion dollars, which is by far the biggest number we've ever seen, but it also had this this kind of harder to quantify toll on people's lives, so it it you know you read about it at length and wired. Obviously these companies go down of ripples in mainstream sort of general press, but I don't feel like people really not like Oh. This Russian group called San Worms sponsored by the Russian government. Unleash this attack in it caused this cascading effect of failure and disaster cost in that because we know what we can attribute it to the government, our government. I don't feel like that connection got made for people. What is the gap between other as a hack and Oh, this is actually a type of warfare engagement, because that that connection seems very tenuous. I think for a lot of people. Even as sort of the more general mainstream press covers this stuff. Yeah, you know. I don't think that that's is just like the nature of. Of Cyber War I think that was a failing that that lack of connection is a failing on our government's parts, and on you could say even on the part of some of these victims like these large companies I mean I at the time did not pitch it happened. I was fully on the trail of standard within days. I was talking to cyber security researchers who? Who had piece together? Some of the forensics to show the not petiot was Sandra that it was a Russian state-sponsored attack in yet none of those companies that I mentioned mercker Mondelez or Maersk or Fedex, or any of them wanted to say the Russia had done this to them and know governments were talking about either like the Ukrainian government was. They're always willing to point. Point the finger at Russia, but the US government was not, and you know that to me seemed to be just kind of I mean I felt like I was being gas. Let's at that point. I had watched Russia due to Ukraine for a long time at that point tonight. I sort of understood that NATO in the West. We had this kind of cruel logic that. Ukraine is not us. Russia can do what it likes to Ukraine because they're not NATO not e you. They are Russia's sphere of influence or something I think that that's very wrongheaded, but at least it made sense. You know to have that that viewpoints, but now this attack had spread from Ukraine to hit American soil American companies in many cases and yet still the US government was saying nothing I just thought this was bizarre and you know so i. For months I was like. Trying to get any of these companies to tell the story of of their experiences, not Peta I was trying to figure out why the US government wasn't talking about the fact that this was a Russian cyberattack and ultimately I. Think it was I. think it was kind of I know partly disorganization negligence. I think it may have something to do with the fact that the. The? Trump administration doesn't like talking about Russian hackers for obvious reasons, but eight months after it took eight months ultimately for the US government to finally say not that it was a was Russia it was the worst cyberattack in history, and then a month later. The White House impose consequences in put new sanctions on Russia and response, but it took nine months and more importantly it took. Multiple years this without was the first time this was twenty eighteen, and the Russian cyber war in Ukraine had started around the fall of Twenty fifteen, so that's just incredible span of negligence when the US government said nothing about these escalating unfolding. Acts, of Cyber Award that there should have been unacceptable from the very beginning I mean these are the kind of quintessential acts of state sponsored cyber attacks on civilians, trying out the lights. You know that's the kind of thing that I believe that the US government should have called out and drawn a red line across at the very beginning took ears, so I do think it was a big failing. Of of diplomacy, it just seemed like that part of the problem, and this is kind of an expression is it's so hard to describe like if the Russian government sent fighter jets to America and live their support. Okay, like everyone understood, you can see it. You can understand what happened there. In the you know, there's like a however many decades of movies about how to fight that war. This is a bunch of people in a room typing. Like it there's just an element of this where the dangerous Oh federal where the attack is invisible, and while the effects might be very very tangible, the causes are still sort of mysterious people so. My question is who is sandwich. What what do we know about them? Where do they work? What are they like? Do we have a sense of how this operation actually operates? In some ways the the biggest challenge of reporting this book, and I spent essentially the third act of the book, the last third of the reporting of the book, trying to answer the question of who is in worm, who are these people? Where are they located? What motivates them and I guess to partially spoil the ending here. They are a unit of the year you. They are a part of Russia's military intelligence agency, which is responsible for you know, this is not a coincidence. They are responsible for election meddling responsible for the attempted assassination of You. chemical weapons in the United Kingdom they're responsible for the downing of a seventeen as commercial passenger jet over Ukraine were three hundred innocent people died on the G. R.. You are this incredibly reckless callous out military intelligence agency, but they act like kind of almost just cut through mercenaries around the world. Doing Russia's bidding in ways that are very scary, so I threw essentially like a combination of excellent work of a bunch of security researchers who I was speaking to combined with some confirmation from US intelligence agencies, and then ultimately some other clues from the investigation of Robert Muller into meddling all these things combined created the trail that led to one group within the JERE. You that were you know I? Eventually had some names and faces even address of this this group, and all that was actually only finally fully confirms After the book came out Justin in recent months when the White House finally actually was the State Department's. End as well as the UK on Australian and other governments together finally said yes, sand worm is in fact that this unit of the year you so this theory that I developed in positive near the end of the book was finally basically confirmed by governments just in recent months. So one thing that strikes me at that is I, think of the Russian military things. Gru is being foreboding being obviously, they're very very good at this other a buttoned up in then they have like a incredible social media presence that kind of POPs up throughout the book that distracts from what doing. They set up Gucci for two point Oh when they were doing the DNC hacks that fed to wikileaks in the. That account insisted it was just guy. They set up the shadow brokers which was. I read. It is just like your some goof-balls like they wanted to seem a lot dumber and a lot smaller than they were. They were very effective at it to people I. Talk About those that strategy, and then I guess my question have is like a re better at seeing that strategy for what it is well. You make a really interesting point. The uses these false flags like throughout their recent history that we I should say we don't know that they were responsible for shadow brokers. In fact, nobody knows who shot a brokers. The shadow brokers truly are, and they are in some ways the biggest mystery in this whole story, this one group that hacked the NSA apparently and leaked a bunch of their zero day hacking techniques, or maybe they were even say insiders. We still don't know the answer to that question, but the other other incidents you mentioned. That are you are responsible for this Guja for two point zero fake hacktivists leaked a bunch of the Clinton documents. They're responsible for other false flags like they at one point to call themselves the Cyber Caliphate pretended to be Isis. They've a pretended to be like patriotic pro. Russian Ukrainians at some point they they're always like wearing different masks ends. They're very deceptive. in the a later chapter of the book, some of the biggest one of the biggest attacks they. They did was this attack on the twenty thousand Olympics where they not only wore a false mask, but they actually had layers of false flags where as cyber security researchers W. This melwert was used to destroy the entire back end of the two thousand eighteen winter Olympics. Just as the opening ceremony began, this was a catastrophic events. The aware had all of these fake clues made look like it was Chinese or North Korean or maybe Russian. Nobody could tell it was like. It was this kind of confusion bomb almost designed to to just make researchers throw up their hands. Give up on attributing mallards. Any particular actor was only through some amazing detective work by some of the analysts that I spoke to the able to cut through those false flags identify that sand was behind this essentially, but yeah, it's it is a one very real characteristic of the jury you that they are almost they seem to almost take pleasure or like be showing off their deception capabilities to and their evolving those capabilities they are getting more deceptive over time as fake gets more, destructive aggressive. Advertising content when I say Utopia what comes to mind? Birds Chirping lush natural beauty dialed up and vibrant technicolor. Is it within reach. Your world. World. explained. You are an essential part of the Pathak social body. Everybody in that place. Everybody happy now. While the peacock original series brave new world takes place in a scientific futuristic utopia. The concept is nothing new Sir Thomas more. 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This is bowes I'm a podcast or By, I, a Gamer Five G. is changing the gaming world in really unexpected exciting ways with the help of Samsung Five G. I'm getting a peek at how gaming is getting faster smoother and can even improve our lives well. Let's dish some secrets about the future gaming. Dr Jean Mechanical Direct Route Game Research and development at the Institute of the future. She's also a bestselling author game inventor. She's optimistic about gaming impact on us and our minds. The biggest thing that we've seen in research is that. We need to be able to game in the moment wherever we are. So, what happens when when you're playing when your favorite games is that it fires up than her logical pathways, it's kind of like having a of caffeine and a pet dog from your favorite coach, and you've just meditated for an hour. This emotional neurological power up is called the game transfer effect, and that effect is heightened when using five. Five G. 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Not Connected Right, but the way they throughout the book the way they execute East campaigns they're deeply connected, and that seems like not only just a new kind of warfare, and you kind of craft, but some just consistently seems to work in surprising ways like the tech press is GonNa. Be Like Gucci. I says this and we're. There's never that next step of also we think it's Russian government, and that seems like first of all I'm dying. I imagine the meeting right. I would love to be a fly on the wall of the meeting where they decide what their twitter name is going to be today. I'm very curious how they evolve those attacks in such a way that it just seems to be more and more effective time. Yeah, I mean. I also love to have been those meetings in. It's my one kind of regret in this book that I never actually got. Interviews, it's almost an impossible thing to do. They liked find defectors from the R., you or something. He will tell those stories at a knock it murdered I mean. It's kind of a possible, but but. In some cases? I think your earlier points. They almost seem kind of bumbling in these things they do them in a very improvisational way. for two point Oh seemed almost like it was a justice thing they invented on the spot, tried to cover up some of the the accidental ups like they had left russian-language formatting errors in the documents that they had leaked from the DNC, so they admitted this guy who appeared the next day and started. Talking about being a Romanian. Friends as motherboard Lorenza, Franceschi decry he started this conversation. Align with with Guja for two point, oh basically proved at the guy could not actually properly speak Romanian. BE Russian speaker. In fact, it was. It was almost comical at the same time. They're using very sophisticated hacking techniques doing destructive attacks on a massive scale, but they're also. They seem like they're kind of making it up as they go along. They do things that don't actually seem very kind of strategically smart. They kind of seem like they're trying to impress their boss for the day. Sometimes with just like some sometimes, it's just seems like the Jere. You wakes up in asks themselves. Like what can we blow up today? Rather than thinking like? How can we accomplish the greater strategic objectives of the Russian Federation? So they are fascinating in that way and very stringent colorful group. That's I think one of the biggest questions I have here is. We spend a lot of time trying to imagine what flat and Mirror Putin wants. You know when he grows up, but it. None of this seems targeted like what is the goal for Russia to disrupt the Winter Olympics right like. Is there a purpose to that? Is that just a strike fear? Is it just to? EXPAND THAT SUV influenced. Is it just to say we have the capability furious is there? has there ever really been the stated goal for this kind of cyber warfare? That one is particularly mystifying. I mean you can imagine why Russia would want to attack the Olympics. They were banned from the two thousand Eighteen Olympics doping, but then you would think that they might want to attack the Olympics and send a message maybe like eight deniable message a message that you know if you continue to ban us. We're GONNA. Continue to attack you like like any terrorists would do, but instead they attacked the winter. Olympics in this way, that really seemed like they were trying not to get caught, and instead like make it look like the was Russia North Korea? And then you have to like what is the point of that was? The could kind of. Sit there in Moscow and kind of like rub their hands together in gleefully. Watch this chaos unfolds. It almost really does seem like it was petty vindictive thing that they just for their own emotional needs wanted to make sure that nobody could enjoy the Olympics if they were not going to enjoy them I that was, but that one is i. think outlier in some ways for the most part you can kind of see. The Russia is advancing. The G. R. You that sand worm is advancing something that does generally make sense which is that. In Ukraine for instance, they're trying to make Ukraine look like a failed state. They're trying to make Ukrainians. Lose faith in their security. Services are trying to prevent investors globally from funneling money into Ukraine trying to create a kind of frozen conflict, as we say in Ukraine where there's this constant perpetual state of degradation. They're not trying to conquer the country, but they're trying to create a kind of permanent war in Ukraine and would cyber war. You can do that beyond the traditional front end. It is in some ways the same kind of tactic that they used in other places like the US which. which here we saw more than influence operation that they were hacking leaking organizations like democratic campaign organizations and anti doping organizations to kind of so confusion to embarrass on their targets. They're trying to influence like the international audiences opinion these people, but in Ukraine, it is in some ways, just a different kind of influence operation where they're trying to influence the world's view of Ukraine. Influence Ukrainians view of their themselves under government to make them feel like they are in a war zone even when their kid hundreds of miles from the actual fighting. That's happening on the eastern fronts in the eastern region of. Of Ukraine so in a book you you you go to Kiev. You spent time in Ukraine. Is there a sense in that country that while sometimes light goes out sometimes our TV stations. Their computers don't boot anymore. Because they got rewritten, the Hydros got Zeros like. Is there a sense that this is happening? Is there a sense the defy back is there does Microsoft deploy you know dozens of engineers to to help fight back. How does that play out on the ground there? Yeah, I mean to be fair. Ukrainians are very stoic about these things and regular. Ukrainian citizens were not bothered by you know. Know a short blackout. They didn't particularly care you know. This blackout was the first ever. Hacker induced blackout in history but Ukrainian cyber security. People were very unnerved by this end, people in these actual utilities were traumatized I mean these attacks were truly like relentless sins very kind of scary for the actual operators at the controls I mean in the first blackout attack. These poor operators Ukrainian control room in western Ukraine they were locked out of their computers, and they had to watch their own mouse cursor. Click through circuit breakers, turning off the power in front of them I. Mean They watched it happen? At these kind of Phantom hands to control of their mouse movements, so they took this very very seriously, but yet Ukrainians as a whole I mean they have seen a lot. They are going through an actual physical war. They've seen the seizure of Crimea and the invasion of the east of the country. You know the the date hits. A Ukrainian general was assassinated with a car bomb in the middle of Kiev, so they have a lot of problems, and I'm not sure that cyber war is one of the top of their minds, but not patio I. Did, actually reach Ukrainians normal. Ukrainian civilians to it. It shook them as well. I talked to two regular Ukrainians. who found that they couldn't swipe into the Kiev Metro. They couldn't use their credit card at the grocery store. All the ATM's were down The Postal Service was taken out for every computer that the postal service had was taken out for more than a month. I mean these things really did affect people's lives, but it kind of. A until that kind of climactic worm. Not Patio for I think for this to really reach home for Ukrainians. who have kind of seen so much. How do you fight back? I, mean I one of things that struck me as I was reading. The book is so many of the people you talked to people who are identifying the threat. They're actually private companies. Eyesight was the first even detect it. they are contractors to intelligence agencies the military in some cases, but they're not necessarily the government right like it's not necessarily Microsoft. Who has to issue the patches from the software not necessarily GE which makes simplicity, which is the big industrial controls talk about a lot. How does all that come together into a defense because that seems like harder problem of coordination? Yeah, I mean defense in Cyber. Security is in an eternal problem. It's incredibly complicated, and when you have a really sophisticated determined adversary, it know they will win eventually ends I. think that they're absolutely lessons for defense in this book about you know. Maybe you need to really really think about software updates for instance like the kind that were hijacked to a with this medoc accounting software. As a vector for terrible cyber-attacks. Imagine that like. Any of your insecure apps that have kind of updates can be become a a piece of Malware, really unique to signature networks need to think about patching on. There are just an endless kind of checklist of things to every organization needs to do to protect themselves so. In some ways that just like a Sisyphean task and I don't. I don't try to answer that question in the book because it's too big, and it's kind of boring as well, but what I do really hammer on is the thing that the government's really could've done here. which is to try to establish norms tried to control attackers through diplomacy through kind of disciplinary action through things like kind of Geneva Convention for Cyber War if. If you think about a kind of analogy to say like chemical weapons, we could just try to give everyone in the world a gas mask that they have to carry around with them at all times, or we could create a Geneva. Convention norm that chemical weapons should not be used in if they are than crime, and you get pulled in front of the Hague. Hague and we've done the ladder and I think that in some ways should be part of the the answer to cyber war as well we need to establish norms and make countries like Russia or like organizations like the G. Are you understand that there will be consequences for these kinds of attacks, even when the victim is not the US or NATO or the? The EU and I think we're only just starting to think about that. One of the questions I had as reading is it seems like a very clear red line for almost everyone you talk to is attacks on the power grid right? That is just unacceptable. You should not do it if you do it. You've crossed a line and there should be some consequence. Is, that clear to governments. Is that something that our government says? It's something that the says it has been established. It seems like it's it's the conventional wisdom wants to salvage, but I'm not unclear whether that is actually the line that exists. It definitely has not been established, and when I kind of did these I managed to get sort of interviews with the top cyber security officials in the Obama ends trump administration Jay Michael Daniel was the cyber. Cyber Coordinator for the administration was the kind of cyber coordinator boss in the The Homeland Security Adviser for trump and both of them when I asked him about like wiped. Why didn't you know to put it bluntly like? Why didn't you respond? When Russia caused blackouts in Ukraine? Both of them essentially said well. You know that's not actually the rule that we want to set. We want to be able to cause blackouts in our adversaries networks. In their power grids when we are in a war situation or when we believe it's in our national interest, so you know that's the thing about these cyber war capabilities. This is part of the problem that every country. Absolutely the US among them isn't really interested in controlling these weapons, because we in this kind of Lord of the rings fashion, we are drawn to them to like we want to maintain the ability to use those weapons ourselves and nobody wants to throw this ring in the fires, of Mount Doom. We all wanted maintain the ring and imagine that we can use it for good in out. So that's why neither administration called that Russia for doing this because they want that power to. Make the comparison to to nuclear weapons but Negotiated drawdown and treaties with Russia in the past we count warheads where aware that the United States stockpiles can destroy the world. Fifty Times over today maybe tomorrow one hundred hundred like what we have a sense of the the measure of force that we can. Put on the world when it comes to nuclear weapons, there's a sense that Oh, we should never use these right like we have them as a deterrent, but we've gained out that actually leads to his mutually assured destruction like there's an entire body of academics. There's entire body of researchers. Entire body is got scenario planning with that kind of weapon. Does that same thing exist for for cyber weapons. There are absolutely. Know community is of academics. Policymakers who are thinking about this stuff now, but I don't think it's kind of gotten through to actual government decision. that. There needs to be kind of cyber deterrence in how that would work. In in the comparison to nuclear weapons is like instructive, but not exactly helpful. In fact, it's kind of counter-productive because we cannot deter cyber-attacks with other cyber-attacks i. don't think that's GonNa work in part because we haven't even tried to establish it yet. There are no kind of rules or read lines, but then I think more importantly. Everybody thinks that they can get away with cyberattacks that they can. They're going to create a false flag. That's clever enough that that when they blow up a power grid, they can blame their neighbor instead, so they think they're. They're gonNA. Get Away with it, and that causes them to do it anyway. A not fear the kind of assured destruction so I think that the the right response, the way to to deter cyber attacks is not with the promise of a cyber attack in return. It's with all the other kind of tools we have, and they've been used sometimes, but but they were not in the case of Sand Werman. Those tools include like sanctions which came far too late in the story indictments of hackers. In some cases, we still haven't really seen syndrome. Hackers indicted for the things that they did in Ukraine or or even not petty. And then ultimately just kind of messaging like calling out naming and shaming bad actors, and that has happened to some degree with Sandra, but in some cases there have still been massive failures there there has still been no public attribution of the Sandwich attack on the twenty eighteen Olympics I mean. My Book has been out for months. I think show pretty clear evidence that syndrome is responsible for this attack. The very least it was Russia and yet the US and Korean War, These Olympics took place at UK, none of these governments have named Russia as having done that. That attack which almost just invites them to do it again whenever our next Olympics are going to be, I guess maybe not this year, but if you don't send that message than you're just essentially inviting Russia to try again so I think might my big question is what happens now? I mean right we you write about. The NSA has tailored access operations, which is their elite hacking group. We are obviously interested in maintaining some of these capabilities. We've come to a place where people are writing books about how it works. What is the next step? What is the next? does it just keep getting worse or does this kind of diplomacy you're talking about? Is that beginning to happen I? Think there is some little glimmers of hope about the diplomacy beginning to happen I mean this year in February I think it was the State Department's called out a sand worm attack on Georgia, where a worms hackers basically took down a ton of Georgian websites by attacking the hosting providers as well as a couple of TV's broadcasters in the US. State Department with a few other governments not. said this was sand. Worm named the unit of the GRU. That's is that was confirmation that I've been looking for for a long time, but they also made a point of saying that we're calling this out is unacceptable, even though Georgia. Georgia is not part of NATO or the U. so that's that's progress. That's essentially creating a new kind of rule. That's state-sponsored. Hackers can't do certain things, no matter who the victims and that's really important. Also, it was kind of interesting because federal officials like gave me a heads up about that announcement before happened, which they have very very rarely do and I think they were trying. To say was in we. We read your book and we. Got The message okay like Stop attacking us about this like we're trying. We're doing something different here I. Don't want flatter myself that I actually changed their policy, but it did seem interesting that they wanted to tell me personally about this so i. I think that like maybe our stance on this kind of diplomacy is evolving, and we're learning lessons, but at the same time we also see the attacks evolving to. To and their new innovations in these kinds of disruption happening, we've seen since some of these terrible Sandra attacks. You know other very scary things like this piece of our called Triton or crisis that was used to disabled safety systems in a oil refinery in Saudi Arabia on that was you know that could have caused an actual physical explosion of petrochemical facility? The the attacks are evolving to okay final last real question. Tell people where they can get your book. You can find all kinds of places by on indie Greenberg Dot net. Written another book as well previously, yes. That's right. I wrote a book about wikileaks. Cypher punks and things like that. That's right well. I'm a huge fan. It was an honor to talk to you. Thank you so much for coming on I know it's. It's a weird time to be talking about anything, but the coronavirus I was very happy to talk about something else, which is that it seems a little bit more in control Even if it is quite dangerous, a thank you for the time. I appreciate it. Yeah, I'm glad to provide people with a different kind of apocalypse as a distraction.
Professor Mohammad Fadel Returns to Discuss the Current Political Climate
"BOCOM professor frontal a really happy to have you on I know you've been on the show in the past prior to when I joined when we had different co host, but I did over the weekend a that episode I think he was episode thirty, three, thirty, four from summer, two thousand sixteen, and I listened to it just to catch up and hear a little about Your your background and your points of view. Is a super interesting. kind of got me thinking of of all the craziness that that's happened. Since two thousand sixteen, right life has been crazy in general since maybe nine eleven you could say but We've kicked it into high gear since the trump election, and now of course everything that's going going on with the virus of macro level. But It's like I said it's been crazy year. And you explain the rise of trump through economics, and that really that really resonated with me. You were talking about how things have gotten global and whatnot, and because there's more supply and demand you talked about more more more supply of workers may be flat or left Earth's or lower demand of of of jobs in the capital, potentially for the for the lower class. things have only gotten worse right so. Do you see. Do you see that that pattern continuing and potentially leading to more and more extremism or are you? Are you hopeful? Well I mean. covid changed a lot of things. So I mean. So let me back up I. Guess Trump from the beginning. Began to charge reorient trade policies began posing lots of openly protectionist measures. And then Cova conflict celebrated that. And layer on top of that a certain kind of anti Chinese Stanton. That Kobe has reinforced. That was already pre existing. and. So now. Yeah was situation where there's a kind of broad consensus among the political class that something has to be done about China. Now it's not clear what that will mean. In terms of global trade, because the global trading system is highly dependent on Chinese purchase patient, but as you, you know just in the last few months atop has been ratcheting up the pressure on China Army Right now trae closing council it's. Posing greater greater sanctions on Chinese tech firms, etc, odds greater confrontations with China in the in the South China Sea among other things. and then coverted has caused a lot of people that make me. We need to bring back a lot of production of things back to the United States. Now I don't know how realistic that. Ambition is particularly if it's more than a few products that might be viewed as critical in the public health emergency. but the General Point that I made twenty sixteen I think about global economics remains the case today. That is of great benefit in the aggregate to the United States. Particularly United States but at the same time there are a lot of losers from globalization The trump response to bat has been to try to engage protectionism. In a in a certain sense kind of change, the terms of trade in a way that slanted the United States by imposing tariffs on trading partners now United States can get away without just an extent because the united. States has such a leading role in the global economy, no country. Wants to be excluded from the US market. So they are. Willing to go along, and there's very limited steps that they can take in the short term. To retaliate against the US, the problem is. Over the medium to long term. States wants to take that approach to global trade. It's likely that it's going to produce. Reactions, right! You might see a rise of different kind of trading bloc centered around China for example centered around Europe right in which other countries enter into our French trading relationships with each other. To protect themselves in the United States. You also see this going on with the role of the dollar. Nice, as has been very aggressive in using the role of the dollar as the world's reserve currency to impose sanctions, Willy Nilly, all over all over the world thereby effectively. Telling the rest of the world that if you want to trade with us, you can have to adopt our sanctions regimes. and so even places like the EU or trying to build out. Heyman systems that can bypass the dollar right so they can escape the kind of US stranglehold on the global, market! So our costs while twice as there are costs involved to trying to either export you use US economic our to impose its will in terms of geopolitics with the dollar or with Tariffs Charles. Trade. In order to protect US workers. There's a much easier route. which I would like to see A. Dog! And it's possible it could happen. If there's a large enough democratic featuring, remember namely we preserve the gains of the post. World War Two liberalize trading system, but combine it with a much higher level of taxation. That would allow the government to redistribute the gains from International Trade and compensate the losers. What we've had going on the United States since the Reagan Revolution is a double whammy to the working class in that. Global. Association has undermined security jobs on the one hand and I guess conservative. mark pro-market policies domestically destroyed the the welfare state internally. Right. And so. Yeah, you have cheap TV's. Education is unbelievably expensive. Helped expensive. Real estate is on XP. Unbelievably expensive right. So. The most fundamental goods are outside the reach of the average worker, even even professionals right. consumption goes are really cheap an audit it feels like the current administration is doing if you look at the two by two of of what you just laid out right like less less fairness, and Lester is redistribution, more fans, smartest redistribution, globalization versus nationalism that the current administration is going towards nationalism without fairness, and you want to go towards globalization, which is good for everybody in the long run plus Mauri, distribution and fairness. Strategy of trump and Publican party is to. Push back against globalization where the United States does not have apparently advantage by using tariffs. Right. And then imposing. Her fragile trading charms on its trading partners where it does. And then instead of we distribute Gel redistributionist policy to to. Income! WHAT THEY WANNA do is used tariffs to protect its France.
Brexit talks: Michel Barnier believes trade deal 'unlikely' at current stage
"And a brexit trade deals being called unlikely. The EU cannot accept and will not accept the bill for the UK's political choices. Those were the words of Michel Barnier as he gave a press conference in London today, and the e US chief negotiator blamed the UK for making brexit trade deal unlikely he wants his opposite numbers to give up some ground Brussels demands on fishing. The two sides are also divided on the so-called level playing field guarantees that the e U, says a needed to prevent fair competition. You can read what Mr Barnier said. When asked if the U, K trying to run down the clock to get a better deal. Of course Johnson was elected in December on mandating. Get brexit done. Tomorrow marks a year since he became. Prime Minister Patrick I. thinks Mister Johnson's first twelve months since Downing Street's has been an epic motion picture, and he ponders whether the prime minister's done a good job. One person doesn't think so. Is Nicholas Sturgeon? And she accused Mister Johnson of using covid nineteen as a campaigning to during his visit to Scotland today, the prime minister champion, the might of the Union, and ruled out a second referendum as support for independence grows. You can see how the first minister used a press conference to call him out.
Slack accuses Microsoft of anticompetitive practices in EU complaint
"And business messaging APP Slack is accusing Microsoft of antitrust Violations in the European Union. The complaint filed to the European Commission accuses Microsoft of tying its team software to its office system to snuff out
Slack files EU antitrust complaint over Microsoft Teams
"Accusing accusing Microsoft Microsoft of of antitrust antitrust actions actions in in Europe. Europe. The San Francisco based workplace collaboration firm says that it filed a competition complaint against Microsoft with the European Commission. Accusing the tech giant of abusing its market dominance by illegally tying its teams product into its market. Dominant office productivity suite force, installing it for millions, blocking its removal and hiding the true cost to enterprise customers.
EU nations clinch $2T budget, virus aid deal after 4 days
"Prime Minister Charles Michel says he's pleased with the $2 trillion budget agreement reached this morning in Brussels. Is this a good deal? This is a stone dealer and, most importantly, Is this the right deal for Europe, right? No. More than $800 billion will be used to help the 27 you nations were cover from the Corona virus pandemic.
EU leaders strike 'historic' deal to rebuild Europe's economy
"Have reached agreement on a bailout package aimed at helping member countries faced the worst downturn since the Great Depression. CBS News correspondent Vicki Barker. Reports from the farm in Destiny in London. As day five of this often ill tempered marathon summit Daunt 27 Exhausted EU leaders announced they had finally agreed on an $850 billion Corona virus Recovery fund, more than half of which will be handed out as grants. The leader's winding up this their first in person summit since the lockdowns began with celebratory elbow bumps. Think clouds
EU Agrees To Relief Package In Grants, Loans To Bail Out Pandemic-Battered Economies
"The European Union is hoping and out of the box approach will bring some economic stability to the region during the pandemic leaders agreed to a two point one trillion dollar package. What makes this different is for the first time it's offering hundreds of billions of dollars in common debt for more on this game changing agreement. We're bringing in our Brussels bureau chief Dan Michaels Dan. Thanks for being here. My pleasure Dan in our reporting we have called this. Relief package unprecedented. This is a big shift. Perhaps in the way that the EU in the past has really shown it's fiscal power. Indeed this is a dramatic shift for the EU because you members until very recently have avoided giving the central authorities in Brussels the power to issue debt or raise taxes but the economic crisis brought on by the coronavirus has been so dramatic that this was the measure that they have decided on to stop the worst impact of the the recession that is hitting Europe particularly in the most Hard hit southern countries like Italy. Spain and Greece. Let's talk about Italy. Spain and Greece in particular. We spend a lot of time looking at the hardship among those three countries in this case the EU is saying the needs there are greater and were showing priority to the region. What sends out most is that the EU is willing to grant to those countries many of these the same countries that struggled a decade ago in the euro crisis but at that time Germans and other northern European countries only wanted to give them low interest. Loans Italy this time as a people remember was the first European country to be hit by corona virus. Northern Italy was devastated by the Italian. Konami was really hit hard. Spain was also hit very hard by the coronavirus Nelson for Greece because our economies are so dependent on tourism and summer travel and since the global economy has shut down it really has been damaging to those countries and so the economic after-effects even as Europe has reopened have been quite painful. And that's what these these measures agreed to this. European summit aimed to address. Let's talk about the to power players. Brokering this deal French. President Emmanuel Macron and Germany's Chancellor Angela Merkel Merckel in particular has had this reputation of being very fiscally conservative yet. She's going out of her comfort zone. German Chancellor Angela Merkel's shift here is one of the most dramatic elements of what's happened over recent days for more than a decade. She has opposed anything like grants to other countries She couldn't imagine giving her attacks. There is money to Italians or Greeks Spaniards with no strings attached. No interest payments. Nothing like that. But a combination of factors over recent months changed our view. One is a French. President Emmanuel macron lobbied her. Very hard on this. She saw how dire the situation was. When when CORONA VIRUS HIT EUROPE IN MARCH BORDERS WERE CLOSED? Supply chains shutdown. The economy can pretty close to grinding to a halt and there was a strong feeling that the EU itself could be endangered. She also. She's not running for reelection next year. She said she won't so that gives you a little bit more freedom. So she has over. Recent weeks made if not one hundred eighty degree. Turn quite a dramatic metamorphosis.
"eu" Discussed on Eu tava la
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"eu" Discussed on Eu tava la
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"eu" Discussed on Eu tava la
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"eu" Discussed on Eu tava la
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"eu" Discussed on Eu tava la
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"eu" Discussed on Eu tava la
"eu" Discussed on Eu tava la
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"eu" Discussed on Eu tava l�
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"eu" Discussed on Eu tava l�
"Tammy Yeah. You would zero sugar. One was w Nina Alameda. But also seed speed you media would beige flipping sucking this damp with Dorsey wounds. Pelham NUMBER. Seventy ZSA ZSA JETTA PREPARING PLAZA DE fees. Doing he's tough spot as Baptist Yelling through an economic power to me. You got each critical Z. Y. L. at Quasi Sodano etc on the world was motorist official porter yellow looted good apostolate. Mr Young fellow the Officia he cut no acute W streaker metric disturbed. Whom Does Fridge Eulogy Offers Day? La Unique voter delta-virgin welfare one SALITA yellow pay a fourth quarter porter. Shepherd Tabatha. Yeah Porter Fisher Pedalo you. It was on the yellow plays Beth was like. Oh satisy cut them which you don't you know. H E Ecuador poked sopra. He'll do outdoors. Who's Yoko he'd love door was brought to you by New Orleans professor by the promoters authorities to puddle of your sports this new skill the Elyssa Bugle Zapper is still with Bertha meals. Up to May snoqaulmie spoiler lafont Doll House. Novelist dies down. Lewis was Cassini. This out of a bankroll for you. Ms Laney College Policies Code. You second book here. I can see how secretary saw-power the deaths evil Simone Morioka was supposed to be willing to do accurate periods of the Moon's Marshall go no better this budget he is. You Got Normal Hill. Skip yes you're is. The quality of the journals is Mitch. Is Russia car dillashaw Alpine slave? Hunter they'll village via third defeat smash quote that you know because you can never got any tobey Maguire. He mench pass up removal in supposedly finished mojo. Every was bringing people together since you odds up. They miss but I would was fleeing Bartik. Well we'll talk Easter Maluku Brooklyn. Kiki gigs you can know view. Though it is the CAT PISS NO DOUBT THIS. Dora recite you over to the Muslim. Yulia do Quoc Keller Bolkiah g say with his ginger. He's had over. He did Monrovia died. You if you've got quite loophole to join who stood to cheer to our Jerry. Jones Beach Picasso. Alleging Catala is that the Econo- you'll pay be a genius if we wanted which elephant who louise. Gnc for local Megan mudflat equalled alexia flock Amigo liquefied. Because Davey now fully from with Ligo who sell Witwatersrand Sake inquiry towards Yellow Maine to the Caribbean he'd of Evil Sisters started the Ward Ethan Scheme over the set of stories of college of Alpha as a semi league are gourmet which may or Turquoise deja dough Muka might via La Vida John G Jon Ward my guest L. isn't trying to teach you Sephora home usually at the ESPN missoula knock you'll avella became compiled look look necessarily community exclusive. Allow visas absorbs complex. The main daughters current before this I leased F- Beautiful Voting G cure of Allah. I'll seals are mucus. You can keep education say braces samples largest keys over the wounded over budget gas. You won't lose on science squad at one point Dick. When as Inspirational Gosden e they wind up with a book by ally in necessarily doomed World Steph zero percent rather not ruin of Allah. Ace visual say over. It got over the attack years privilege. Elma your epilogues Baiji. Excuse me of you use. He keeps it would stamp. Who Am I? Because he's allowed pretentious couple of alleged for he goes. Go Meet Moods Paseo. You'RE GONNA disobeyed it over the deck. You got them for Judah sober prefer though Lloyd's purpose not store who refuse plunge that property consume music Must do suspecting the envelope in volume is limbaugh to this. He told me to descend with regard on bears. Chow at the someone that giving..
"eu" Discussed on Eu tava l�
"The war has been the Marcham either but but I think the investment would you guys move. Foods WOULD SCOTT TWO ZERO S. Q Stephen Beard the if these meals help. We'll meet them. Jimmy GAS GASOLINE CAUSA. Misspoke hair ultimate commits in socal here because team Icing syncing thank. You was GONNA hit cohension. Pursue Club pocket Think Caribou more Sankei visit. This guy's some you. I won't fight each visit. Nothing to you quench you. WanNa call the medium. Sas story cooking with new push booking show walk to Class III INCH FOR CHICAGO? I should be. Will you? Work spots desires of them. I also what commute without at the Fisher mcsherry guys. Don't shake up as in a to winter. Our awesome things soccer Machina Faqih across bottle. You qualify for in contention during European missing checking scattered a senior a vision that you don't have a connector in your eyes you don't think it is a popular coin shop. You know security guys Gainesville. Would you be decided by the points? Shotson he's got two inch through Varga you. Character community often counter courage got no intention of weakening of the woods. Swing gotten some Sala. Shane engage formula. That was Zena Fisher. Guys I phone acquired wok to cheat. Vici COW SADHU DO that. Come all this junk out. South DOT COM Booth Man. But isn't talent go north? Yeah Yeah what you wish way went through will go prisons. Why tell you why Tally Jabbour? A to punish Cyber Pittsburgh going to Spain because at the pope attorney who quench containing in towers you who management. I thou- I ensure most aggressive wattage to Asia. If he's much because they would do you think that's gotTa be other who've seen concealed carry association. Whatever saw coach Fox senior John for two more to walk? You guys share share squad car Dave since the square the scene. I can score by CICI's I mean isn't he going to use I pass Deutsche boy his show on the meaning you Clean Fogel? Been TO DEPARTMENT TO KENNEDY COUSIN A couple but our think Mitch. Mcconnell margin Saint Eugene g fiscal citizens sham outage working was unchanged adage insane. You Love Atom here to squander musician Jefferson is I can't me which and GM let's niche. Car O tonto insane juice age of Megyn iffy niches ADOC Ahmadinejad will and she will I mean what about the mental garment? Walk Mall full blown off a copy. One engine Washington Laboratory to shake up on beautiful thing. And we can't hear your immune. Do shut down southbound line. National Foster got washed CASSANDRA Open shots by call them Nassir Young. Yes I did I move guy. Deployable bid okay. I hope if sugar who sold mobile ease I still am. I hope that the he what. I'm looking bringeth a types. If you've been putting this guy can you talk before the second kid? Also he is self was through. Because I got into string for you before I got a letter bashing by insane. You can't do you walk. Look mcnabb shrinking travel with the human garage. I'm on getting insensitivity. Hal which one that you know. Style are streaky. Derek at work. What what part of town. What border Pammy to? I was insane insane. You might as well shopping cart. He's got so. I don't think Kim Kardashian. A pilot could three E. was in town. They don't even hitting hit on the new mayor coming you. Shimono Haju that an ancient Schmoozer in central memo can say START EDGY. Liberal called the thousands of courage rue. Cc So point you call three sage. 'cause YOU SPILL. Moser F. forget the ain't you Deutsche Short get on what look how. Pitch Pasinkov pecking bother me. Aren't you domain? She if you CA- faulk you watch my Niche Market Doudou Asia. Es Age Scout by default which might mention thing Rounds about an inch thick with what Indian memor- shit through those no Ataman asylum. Was that a new. She are Far Research Institute for Bizarre. He seem change abuse always in intolerant. Willia- they which can lead show by the book. Vo Pig on your Pinky Ring Sean. Aketao inclusive come with it with our motto Ellen. Porsche got us route to push each. You might be shown me. Mommy Pitch Dolly superseded the which will be key messages police asking the national pop. Somebody won't sage. I should well up the insane. Ups Allah CK's. Can You answer via visual? I'm willing to pushing you. Our they throw apart immune to it. Lucar report came. We have to Go-to look you. Kinda I'm here is we. Don't over to me and to keep because you might be economic law Sakata. Whatever no problem mention seeing you ought to block kinda tedious amazing. She gets ways. I remember inch Ikat. It's like if you will premediated guy guys you gotTa Alec Chipotle as I've gone through.
"eu" Discussed on Eu tava l�
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"eu" Discussed on Eu tava l�
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"eu" Discussed on Eu tava l�
"I skip the colocation data eve. Fake kitschy kill my three Sean. Lucas veterans vetoed. Looks Question Premier? Sugar DON'T FORCE. You're going to get him up a staggering. She started Houdini. Hussien Vehicle Era Odyssey clerk each essay. Documentary advocacy's Yona. You track here to seek Yay. That'd be steady proposal team from winter inch wheels because Eliza Devin team professor. I should've just almost three silence. Precentage avoid you're set tainted thought about normal guarentee. Is Your System Grill Jesse? Don't lose Africa. Fair shake carshield who they're who plaster scheduling of Prague. I saw thank you but I'm chagall have face. Saint Louis studied in Shit. What's up ice? He gotTA educate an idea daily oil so he got these folk. America fit my schedule. We we should burden is Chicago's dot Carl Lewis in Swazi. I L S S to a central Florida. Which is let's say such as Eric Ability Cardi B. College costs pre-credit fly Sharon a lot. I always good and we gotta using Blanchard in these. But it's based on Komo Ziadeh made to stay stays. Tomac affair between judge Gupta nervous to swim winter two colored I Thomas Gauged Komo handling always on my hopeless for sale pro Vietnamese. I understood immune to ashes the hammock on to graduate. Scott you divorce ask for this was genuine performance so it took a suitable storage precarity. Alex gave out of course meal because each cuisine. Because if you don't see daddy you'll have recovered Gaga floyd thrown Asala Jolla Jolla. You sell it so you don't you take little geology. Yeah Abraham Cammisa. Gee could you predict fuzzy for Maui for Dutch civil you? What Hollywood pilot into David Lloyd? He got it coys. Cognitive oils can think there was two dollars. I just don't see any sort of his sword. Alarm Yuliana professor talk on the radio for mother versus qualitative. Shamma Prize Coffee Bakili. Salam us a few. My mom will shoot. Madam is one is blaming. Open US Boucher cage. Fan Abu Sabra. No bill is for the sham that so we don't you vote on me now. 'cause YOU'RE SOMEONE. I followed my former phillies asset pool philology visa keys. Which is a key. Steve will say. Don't be another Georgia. They are getting without that and market. Gluten is fuzzy was days doctors region on Deutsche e. Our views the skis that Shumur effort will be spared number may span club showing theatre box. You'll Julius I'M GONNA show but I am but I can spare the Provisional Mitch. Nineteen in inland areas poisoned useful. Bruno village. Boys I think lean you. I'll bear today bar. And he commenced Chamois Lucas. If Isis Chamois miserable to Istanbul he would be credible to cut the Canadian from Saugus Geneina. Mo- copy Scott up you triggered by Nassau pork. Intermedia Columbia Lucky ziprecruiter elephants. We could share say a lot. Obviously eight Nina was. I L A theme is my husband was part view asylum and of course on army to to educate to ninety Erica. Full Monty Maverick. He triple dope. We got twitter so he was set of that if we saw he looks h. Cruz actually out in play without touch pool printer. If I need to say that you could occur which apology our logic. Jim Fallon to have to water veep. Qaddafi bill is to get any SU peso and shouldn't say Shadrach Amar veto couple bills too little. Komo's never thought about who went to the gym. Therefore Scott taking on our moon which brass debated women's boy to the to brass profits on the Pacific subtler was full of you took great Michelle show motto. Hi Kelly do carry. You say search for that Puto I do follow your car parody.
"eu" Discussed on Eu tava l�
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"eu" Discussed on Eu tava l�
"If by Usually as a check a bunch of John was this out slum. Continue talking about here. Same you cook this got it. So I'm you know as you said it's got I've only new. Yellow damage could issue. You cannot really Indo in on Delta was Jewish I mix it kyle off. You've gotTa talk me on. Seen Everything Bay solid door into book on vestige and working in a primary and junior big ambience insecure which buzzing bouncier scrimmage mile. Nobody chain single bit. I fail to see. What's IT GONNA Baskin Cheer Boo? They all seemed to never use your closet killed onto Willie L. Balkin Bill to go to class similar to plastic premier yet much to meet with More lawyers atmosphere on their loss of trust was just. I was going to live side us yet. Go back at it was. Has you go because he got? I A second by second on facet all Up at a biggie Beige abolish you'll linked Alimentos demise chased souvenir general standards in China. I got thrown by a lot of guys got off big a day spa with the balanced signing plumbing awesome year Gaza from Hamas. Today's debate about once. They've got this crash at the using monarchy was g-glad dates too. Don't they don't have legal visa style. Geeky loan to grab the Paris Malta. Capital I say managed technology. She wasn't the Guy who bought the days he'll company still being my son's righteousness Girardi Patti. Go onto go off his game. I also hope would vote. Dipak as terrible as fishing. Look gotta I use with my sky. His somebody's moving. Whatever I I would is just to get your free quote Cheetah daisy no mates secret. Last I is your average ables stock. Mayes cylinder thought mass practicing L. massacred by the basements is just off of. This was that you don't get out top. Was it you yes. It's free. Free GINGER ZEE AS FEASIBLE. And that's the age thing. Zoya Kitamura in Denver imposing customer service terminal also in I- he couldn't follow. Ck STORAGE WBZ. You Nigel but don't chef de la sake. I ended up getting the tabloids are cheat my a is for NAUSEA STORE. Tau Hope for is that the mission had gotten in June baffling logic with Gospel. Keeping your way live human. You ask you by your. She's at semi chilly side up. Got It yet because it was. My birthday was known Galaxy Gordon. Chang Ezekiel cobwebs out that I saw that you get a little bit but you bash Novo pushed. We'RE GONNA watch wheel bat what message. What does that do choosing its own. It's the it's not too your knee. Brains yeah this should come be able to walk again over buffet. Don Cosme Austin pills. I see often also merge salve Alana what you look let's look sequential guaranteed housing you know. Plateau. I started shooters with Chemical Dougie tweeted. Wait ranch give other jazz stars things. Yeah so Keith. Doesn't gossip if we look for the new start. Mccoy's they you wish Novas thus quit Muslim Abyss tonic those coach. My fourth quarter. Is it okay notebook? You'll this unusual thing that I could ever say giddy up the age or what. It is unknown yesterday's view the poison he replied and said Dow now banging though for me was initially is it was found by robots last. May Two luck we wish involved Sushi. You back you were. You're saying pull start asking would on US Evita. Momento Lewis will say Caramel Dargie view. The fuzzier Maka here on auto pre more. Annika here was the was it. Now Lewd up key live with us on my issue Mucus Mathematical. You build a lot of lives. In the garage CIS how lewd up today by BIOTA? Val I Anthony Society down while other schools skeletal where schools detect Malaysia. Include suggests don't Design you ex you more because determine Kudelski Varsha for security for carrying prejudice. Well our Seacombe for Euro Commissioner but see NYPD achieve our special interest in South Africa as inclusive Jupiter zones. You pledge cashcall ups in courses Vigils Nejud soon. You've got Vietnam. Egypt verses author spills a Gaba. Taiji was acquitted suggestion. Was this universal to all these. Mu G imprinting the doors web sold as you play. The doors enterpreneurs Solanki mice. Much Danger Commiserate Bissau. He's Gio bosses Torna with people as Cinco Montecito community in Komo consumer novella which movies unstable environments I. She was also avoid. God's will say about Coca Quiz Gustad Year. Jaffa's older poising don't know stuff as Vinyl Luda. Don't want to have the CR Little Caesar but I in Contra Buso commune over equity are really are Nogami. It can substitute for my scam. You parallelly no so. Come you respond you? A little team is. Your Mucus vetoed a similar. Anything Could Wind Bravo. Image is on course. Aguirre that NASA ganados soccer hit a UCLA has gone too. But which anti-chavez particular simple did you go out Lewis Bar at which could scalise says Hussein has become is Bharata volumizer into upper? Vh a lewd up on Komo. Today BOB was so. But how has your school to? Comanche? I'm with you. I gotta see when voters.