Remove global-development fair-trade
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Japan Ties Up With US, Europe To Legislate Big Tech

PYMNTS

and Europe to develop tough new regulations to take on big tech, according to a Reuters report on Monday (Oct. Kazuyuki Furuya, new chairman of Japan’s Fair Trade Commission (FTC), said Tokyo could launch an investigation on any big deals or collaborations with Fitbit fitness tracker maker. “If Japan is teaming up with the U.S.

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Do We All Know Where Ukraine is Now?

South State Correspondent

Ukraine War Will Continue to Dominate Trading This Week. Even if the economic calendar were chock full of first-tier releases, it would be developments in the Ukraine war that would dominate trading. What this means from a global economic perspective is higher inflation. continue to bite into global output.

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Google Delays In-App Fees Following Outcry From India’s Startups

PYMNTS

Following complaints by India’s app developers, Google LLC has postponed the deadline to comply with a new billing system for commission fees by six months. App developers worldwide have said a 30 percent fee is too high and noted credit card payments processors typically charge 2 percent.

Google 194
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NEW REPORT: How X-Border Receivables Save Rhinos

PYMNTS

Before businesses can spread their global wings and reach new markets, though, they must first overcome their fears of engaging in global trade. In fact, a recent report found 75 percent of surveyed merchants had walked away from a cross-border business opportunity due to fear of non-payment from a global trading partner.

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New York AG Wants More Info From Crypto Traders

PYMNTS

New York Attorney General Eric Schneiderman has announced the launch of the Virtual Markets Integrity Initiative, a fact-finding inquiry into the policies and practices of cryptocurrency trading platforms. The Initiative stems from the Attorney General’s duty to protect consumers and ensure the fairness and integrity of the financial markets.

New York 101
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US Retailers Confront Data Privacy Shifts

PYMNTS

Global lockdown to fight the virus’s spread means many regulators will likely not come to any final conclusions regarding open banking within the next month or so, and it also means lawmakers have new perspectives to consider when these debates resume. It remains to be seen if COVID-19 will have any effect on future developments of this rule.

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ICC Says Regulation Limits Trade Finance

PYMNTS

.” It’s a challenge that has weighed particularly heavy on banks’ ability to address the global trade finance gap, according to the International Chamber of Commerce (ICC). “Why is this so significant?”