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Electronic Gaming Legal Newsletter - December 2020 | Wilson Sonsini Goodrich & Rosati

Candy Crush to the final bosses of Sekiro: Shadows Die Twice. They vary in visual fidelity from the ASCII characters of Dwarf Fortress to the high-detail, motion-capture shown in the latest sports games. They can be controlled by joysticks, dance pads, and fishing reels. They are also designed, developed, and published by developers, which whether small or multibillion-dollar companies, need to be mindful of various business and legal issues in the gaming space. We discuss some of those issues below. Will Next-Gen Consoles Meet EU’s Proposed Right to Repair? The release of the PlayStation 5 by Sony Interactive Entertainment LLC (Sony) and the Xbox Series X by Microsoft Corporation (Microsoft) occurred in the fourth quarter of 2020.

VN s currency policy aims at stabilising inflation and macroeconomy, not manipulation for unfair advantage - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: December, 17/2020 - 15:39 | The State Bank of Vietnam headquarters in Hà Nội. VNA/VNS Photo HÀ NỘI Việt Nam s exchange rate control, as part of its general currency policy, aims at keeping inflation in check and stabilising the macroeconomy. The country does not intend to create unfair competitive advantage in international trade, said the State Bank of Vietnam (SBV) on Thursday morning in a response to a report by the US Department of the Treasury in which it listed Việt Nam and Switzerland as currency manipulators.  On the topic of bilateral trade imbalances, the SBV said its recent purchase of foreign currency was part of an effort to ensure the stability of its Forex exchange market and to build up reserves and strengthen currency security, which has been considered to be on the lower side in comparison with other countries in Southeast Asia. 

Swiss refuse to roll over as Trump administration lashes out over currency

That changed with the Trade Facilitation and Trade Enforcement Act, passed in 2015 when Barack Obama was president, which also finessed the definition of a currency manipulator. It meant that, if a country designated a currency manipulator has not responded with policies to redress the balance of trade within a year, the president must block any projects in that country funded with US money. The US government would also be barred from buying goods and services from that country. Image: The US previously labelled China as a currency manipulator Only one of these measures need be implemented - and can be overruled by a sitting president - but designating a country as a currency manipulator can therefore carry real world consequences.

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