The u. S. And eu are each others leading partners in trade and Digital Services doing more business with each other than they do with others including china. This makes the rules surrounding International Transfer of personal data an important element in stable and global economy. The last few years, however, Data Transfers from europe to the United States have been under legal threat. The privacy law in europe, gdpr. Requires recipients of the data of eu residents to protect the data by taking certain measures even at the data is transferred outside the you of europe to the u. S. Or india or somewhere else. Concerns have been expressed that Data Transfers to the u. S. Might be called up in bulk surveillance by National Security agencies. Twice European Court of justice has ruled the existing mechanism to protect Data Transfers to the u. S. Is insufficient. The last three years the u. S. And eu have been negotiating a new arrangement, data privacy framework, which we will talk about to
48. Road map begins with global head winds. U. S. Futures taking a hit as chinas market turmOil Continues. Seeing a little relief so far today and now investors turn their eye to the fed whose meeting kicks off. Big names this morning include ford, dupont, and ups. Merck reporting some mixed results this morning. First up futures rising as the s p looks to avoid its first sixsession losing streak in three years. Another decline in china. Shanghai down after an 8. 5 slide. Jim, you tweeted this morning the government took out some bad longs in china overnight. What does that mean . Im watch where the government is playing this and believe me the government is the natural buyer in this situation. They get the market come in bad. Then they let the market drop about 4 and futures were down. Then they just jammed it up plus one. Then the sellers came in and they stabilized it. Its kind of a victory for the bulls because it didnt close down. A typical collection and now theyre stabilizing it
Because with time comes change and what matters in the end is that you are Strong Enough to support it. Mufg we build relationships that build the world. And now, bbc world news. This is bbc world news america. Reporting from washington, i am jane obrien. Shocking tragedy on the roadside in austria. How dozens of migrants and died seeking a better life. 10 years since Hurricane Katrina tore through the city of new orleans, former president george w. Bush pays a visit to focus on the future. And the end of the affair for Ashley Madisons founder. Stepping down after a Security Breach revealed private details about millions of users. Welcome to our viewers on Public Television in america and around the globe. Our gruesome discovery in austria has led to shock and migrantas europes crisis goes from bad to worse. More than 70 bodies were found inside a truck men, women, and children. It is the latest in a growing string of tragedies involving those fleeing conflict and seeking a better life
Because with time comes change and what matters in the end is that you are Strong Enough to support it. Mufg we build relationships that build the world. And now, bbc world news. This is bbc world news america. Reporting from washington, i am jane obrien. Shocking tragedy on the roadside in austria. How dozens of migrants and died seeking a better life. 10 years since Hurricane Katrina tore through the city of new orleans, former president george w. Bush pays a visit to focus on the future. And the end of the affair for Ashley Madisons founder. Stepping down after a Security Breach revealed private details about millions of users. Welcome to our viewers on Public Television in america and around the globe. Our gruesome discovery in austria has led to shock and migrantas europes crisis goes from bad to worse. More than 70 bodies were found inside a truck men, women, and children. It is the latest in a growing string of tragedies involving those fleeing conflict and seeking a better life
Firm which specialises in offshore arrangements for individuals and companies. Theyve been obtained by the german newspaper su Deutsche Zeitung and shared with the International Consortium of investigative journalists including the bbcs panorama programme. Our economics editor kamal ahmed takes a closer look now at the system and the part the uk plays in it. For centuries, britain has been a centre for global finance, focused here on the city of london and thats seen by many as good for our economy and the development of global trade. To support that, we allowed companies to set up in the uk and not be taxed here. Our imperial past is also important. Across the world, the what are called crown dependencies, or overseas territories, places like jersey and guernsey and the isle of man, which have an arms length relationship with us, and have based their economy on low tax offers to companies and individuals to hold some of their wealth there. Others are more far flung places like gibralt