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August 21 – As US-Iran peace talks remain stalled and the security situation in the Middle East deteriorates, shipping traffic in the Strait of Hormuz decreased on Thursday compared to the previous day. Preliminary data from ship tracking company Kpler showed that seven cargo ships passed through the Strait of Hormuz on Thursday, down from 14 on Wednesday; four entered the strait, and three left. Data showed that no Very Large Crude Carriers (VLCCs) or liquefied natural gas (LNG) carriers passed through this narrow sea passage on Thursday. However, a VLCC carrying propane and butane exited the strait via the Iranian route.Oppenheimer raised its price target for Marwell Technology (MRVL.O) from $250 to $300.On August 21, the Ministry of Finance issued a notice on further improving fiscal and financial coordination policies to boost domestic demand. The notice stipulates that the annual maximum amount of interest subsidies for loans to small and micro enterprises that a single borrower can receive from a single lending institution will be increased from 50 million yuan to 75 million yuan. The annual maximum amount of interest subsidies for loans to service industry operators that a single borrower can receive from a single lending institution will be increased from 10 million yuan to 20 million yuan. The annual maximum cumulative interest subsidy for personal consumer loans and credit card installment payments that each borrower can receive from a single lending institution will be increased from 3,000 yuan to 5,000 yuan.The Ministry of Finance announced that the scope of agencies handling the loan interest subsidy policy for small and micro enterprises and the loan interest subsidy policy for service industry operators will be expanded to 21 national banks and city commercial banks, rural cooperative financial institutions, private banks and foreign banks with a financial regulatory rating of 3A or above.On August 21, the Ministry of Finance issued a notice on further improving fiscal and financial coordination policies to boost domestic demand. The notice stipulates that newly issued working capital loans to eligible small and medium-sized private enterprises will be included in the scope of the SME loan interest subsidy policy, with the central government providing an annualized interest subsidy of 1 percentage point on the principal of the working capital loan for a period not exceeding two years. New credit card installment businesses, including special installment plans, consumer installment plans, and cash advance installment plans, will also be included in the scope of the personal consumer loan fiscal interest subsidy policy, with a subsidy rate of 1 percentage point per annum.

YouTube and Meta will expand their regulations and research to prevent online extremism

Charlie Brooks

Sep 16, 2022 11:02

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Thursday, as part of a White House conference on combating violence inspired by hatred, major internet companies vowed to take additional efforts to prevent online extremism by removing more violent content and promoting media literacy among young users.


For years, Facebook (NASDAQ:META) and YouTube (NASDAQ:GOOGLYouTube) have been accused of permitting hate speech, misinformation, and violent emotions to thrive on their own platforms.


At a White House gathering attended by academics, survivors, and bipartisan local leaders on Thursday morning, Vice President Joe Biden urged Americans to combat racism and extremism.


YouTube has announced that it will widen its limits on violent extremism to include the removal of content that praises violent acts, regardless of whether the videos' creators are linked with a terrorist organization.


The video streaming website already prohibits violent incitement, but in at least some instances has not applied such prohibitions to videos promoting militia organizations implicated in the assault on the United States Capitol on January 6.


In a report published in May by the Tech Transparency Project, 435 pro-militia YouTube videos were identified, including 85 uploaded since the January 6 incident. Some of the movies contained training instructions, such as how to perform guerilla ambushes.


Jack Malon, a spokesman for YouTube, would comment on whether the service will change its approach to this content in light of the new policy, although he did note that the adjustment enables YouTube to go further than before with enforcement.


YouTube also said that it will launch a media literacy program to teach younger users how to recognize manipulation techniques used to spread misinformation.


Microsoft (NASDAQ:MSFT) stated that it will make a simpler, less expensive version of its artificial intelligence and machine learning technology available to schools and smaller groups in order to help them detect and prevent violence.


The proprietor of Facebook, Meta, has partnered with the Center for Terrorism, Extremism, and Counterterrorism at the Middlebury Institute of International Studies.


Legislators questioned the CEOs of Alphabet, Facebook, and Twitter Inc (NYSE:TWTR) on their companies' possible involvement in the January 6 attack.