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On the evening of October 12th, local time, Wilders, leader of the far-right Dutch Freedom Party, posted on social media that the Dutch National Intelligence Service had officially informed him that he was being targeted by a terrorist organization. As a result, he had decided to suspend all campaign activities. The Netherlands is set to hold parliamentary elections on October 29th, and Wilderss far-right Freedom Party is currently leading in opinion polls. According to multiple European media reports, the terrorist organization also orchestrated the recent attack on Belgian Prime Minister Thomas de Weve. The Belgian government has arrested two suspects in connection with the case.On October 12, according to the Russian Satellite News Agency, the Afghan Ministry of Defense issued a statement saying that in response to repeated Pakistani airspace incursions and airstrikes, Afghanistan had carried out retaliatory operations against Pakistani security forces along the border. The statement said, "The operation successfully concluded at midnight." The report also warned that "if Pakistan violates Afghan airspace again, the Afghan armed forces will resolutely retaliate to defend the border." Reports indicate that Afghanistan began striking Pakistan on the evening of October 11 in response to attacks in Kabul and Paktika Province in the early morning hours of the 10th. According to Afghanistans Dawn News Network, the conflict between Afghanistan and Pakistan has resulted in the deaths of 12 Pakistani soldiers. Reuters also reported that Pakistani security officials alleged that the Afghan side launched unprovoked attacks, with the two sides exchanging fire at more than six locations along the border.On October 12th, local time, senior Hamas official Osama Hamdan announced that 48 Israeli detainees in the Gaza Strip would begin to be released on the morning of the 13th. According to the first phase of the Gaza ceasefire agreement, within 72 hours of the Israeli withdrawal, Hamas must release all Israeli detainees in the Gaza Strip and return the remains of those who died. Israel will also release approximately 1,900 Palestinian detainees. Hamas had previously stated that it might be difficult to recover the remains of some of the detainees within the 72-hour deadline, a fact Israel is aware of. It is understood that 20 Israeli detainees remain alive in Gaza, while another 28 have died.On October 11th, Canadian Imperial Bank of Commerce Capital Markets analyst Anita Soni predicted in her latest forecast that gold prices will rise to $4,500 per ounce in 2026 and 2027, before falling back to $4,250 in 2028 and $4,000 in 2029. The analyst stated that she still expects gold to face a positive macroeconomic environment. Uncertainty regarding tariffs will persist, and the negative impact of tariffs implemented to date and those expected to be implemented on consumer purchasing power has yet to fully manifest in the US economy. Meanwhile, the Federal Reserve succumbed to Trumps calls for rate cuts earlier than Soni had anticipated. Soni believes that while the rise in gold prices earlier this year was related to rate cuts, the recent parabolic surge stems from concerns about long-term inflation and wealth preservation, as the Feds monetary policy has not specifically focused on long-term inflation.Ukrainian President Zelensky: Thank you for the United States willingness to provide support and discussed strengthening air defense capabilities.

If Congress Passes A Media Bill, Meta May Remove News on Facebook

Skylar Williams

Dec 06, 2022 11:41

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Facebook's parent firm, Meta Platforms Inc (NASDAQ:META), has threatened to delete content from its platform if the U.S. Congress approves a plan that would make it easier for news organizations to negotiate collectively with corporations like Alphabet Inc's Google and Facebook.


Legislators are allegedly considering attaching the Journalism Competition and Preservation Act to a must-pass annual military measure in an effort to save the struggling local journalism industry. In a tweet, Andy Stone, a representative for Meta, stated that if the bill was passed, the company would be forced to consider eliminating news "rather than submit to government-mandated discussions that negate any value we bring to news sites through increased traffic and subscriptions."


The idea fails to recognize that publishers and broadcasters place content on the platform because "it improves their bottom line - not the other way around."


The News Media Alliance, an association of newspaper publishers, says that the bill should be included in the defense bill "Local newspapers cannot afford to endure Big Tech's exploitation and abuse for several more years, and the time to take action is quickly running out. We run the possibility of social media becoming the de facto local newspaper in America if Congress does not act immediately."


More than two dozen organizations, including the American Civil Liberties Union, Public Knowledge, and the Computer & Communications Industry Association, urged Congress on Monday not to approve the local news bill, arguing that it would "create an ill-advised antitrust exemption for publishers and broadcasters" and that it does not mandate that "funds gained through negotiation or arbitration will even be paid to journalists."


According to a government study, a similar Australian regulation that went into effect in March 2021 following discussions with major digital companies that resulted in a brief shutdown of Facebook news feeds in the country has been generally effective.


According to the article, since the News Media Bargaining Code went into effect, several technological giants, including Meta and Alphabet, have reached more than 30 agreements with media sites, compensating them for content that generated clicks and advertising revenue.

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