a complaint with a supervisory authority in their own country instead of potentially having to challenge a foreign company abroad those violating data protection rules will face harsher fines instead of the maximum three hundred thousand euros in germany companies will face up to twenty million euros in penalties or four percent of the new will turn over whichever is bigger for facebook but to be one point three billion euros. the new regulation requires companies and website operators to pay closer attention to what they do with their users information. and remaining legal anomalies are likely to be settled in the courts in the coming years consumer watchdogs have welcomed the new rules and say they give individuals more control over their personal information. and for more on this let s bring in teresa locker of motherboard dortch line she is a journalist she s been covering this from the very beginning and we thank you so much for joining us this evening here on the day the e.u.
or simply to do your shopping going online means sharing personal information but in many cases it s unclear exactly what happens to that data who has access to it what can companies do with it the new e.u. legislation aims to address some of these issues. under the new rules companies will only be allowed to collect data relevant to their services so whether app for example won t be allowed to access your address book or photographs. the new regulations also afford individuals the right to launch a complaint with a supervisory authority in their own country instead of potentially having to challenge a foreign company abroad those violating data protection rules will face harsher fines instead of the maximum three hundred thousand euros in germany companies will face up to twenty million euros in penalties or four percent of annual turnover
a complaint with the supervisory authority in their own country instead of potentially having to challenge a foreign company abroad those violating data protection rules will face harsher fines instead of the maximum three hundred thousand euros in germany companies will face up to twenty million euros in penalties or four percent of annual turnover whichever is bigger for facebook that d be one point three billion euros. the new regulation requires companies and website operators to pay closer attention to what they do with their users information. and remaining legal anomalies are likely to be settled in the courts in the coming years. consumer watchdogs have welcomed the new rules and say they give individuals more control over their personal information. though all sounds well and good but are we regulating our digital economy to dest us data protections stand in the way of
so whether up for example won t be allowed to access your address book or photographs. the new regulations also afford individuals the right to launch a complaint with the supervisory authority in their own country instead of potentially having to challenge a foreign company abroad those violating data protection rules will face harsher fines instead of the maximum three hundred thousand euros in germany companies will face up to twenty million euros in penalties or four percent of the new will turn over whichever is bigger for facebook but to be one point three billion euros. the new regulation requires companies and website operators to pay closer attention to what they do with their users information. and remaining legal anomalies are likely to be settled in the courts in the coming years. consumer watchdogs have welcomed the new rules and say they give individuals more control over their personal information. and for more on this let s bring in to resell locker of
but even that hasn t stopped investors from pulling out and channeling their money towards the u.s. instead. it is in the interest rates in the united states have gone up significantly and currencies are devaluing against the u.s. dollar. the dollar is putting immense pressure on other currencies including argentina s. the government hopes the emergency i.m.f. loan will stop the crisis and since then poverty in the country has sought. luxury s.u.v.s are pitched at the wealthy who want to project an image of being adventurous those for instance who have three hundred thousand euros spare for a my bath ultimate luxury is evening of room inside this one for a butler to take care of on the road refreshments when you re stuck in the traffic . then there s the bentley bent for two hundred ten thousand