Economy minister urged to intervene in Digital Economy bill

first_img FranceEurope – Central Asia April 13, 2004 – Updated on January 20, 2016 Economy minister urged to intervene in Digital Economy bill Reporters Without Borders, the Union of Judges and the Odebi League are asking the minister of economy, finance and industry, Nicolas Sarkozy, to intervene in the Bill to Promote Confidence in the Digital Economy (known as the LEN). In a 9 April letter, they have requested a meeting with Sarkozy or the deputy minister for industry, Patrick Devedjian, to explain their concerns and recommendations about the bill. FranceEurope – Central Asia News RSF denounces Total’s retaliation against Le Monde for Myanmar story Help by sharing this information June 4, 2021 Find out more “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says May 10, 2021 Find out more June 2, 2021 Find out more News News Follow the news on France RSF_en News Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU Organisation to go further Receive email alerts Reporters Without Borders, the Union of Judges and the Odebi League are asking the minister of economy, finance and industry, Nicolas Sarkozy, to intervene in the Bill to Promote Confidence in the Digital Economy (known as the LEN). In a 9 April letter, they have requested a meeting with Sarkozy or the deputy minister for industry, Patrick Devedjian, to explain their concerns and recommendations about the bill.The letter says: “We recognise that the version passed by the senate was amended in a way that is better for individual freedoms. The principle of generalised monitoring by Internet Service Providers (ISPs), which was contrary to European Union directive 2000/31, has been dropped. However, the main problem posed by this bill is unchanged. It makes Internet hosts responsible for censoring web content in the absence of any judicial role.”The main argument offered by legislators in defence of this measure is to say that France has no choice but to comply with the June 2000 European Union directive on electronic commerce, which says ISPs should regulate online content. But we draw your attention to the fact that other European countries have refused to turn Internet hosts into online judges, although they had to translate the same directive into national law.”Italy and Spain instead opted to give a ‘competent body’ the power to adjudicate on the legality of content. In Belgium, this responsibility had been assigned to the state prosecutor. These three countries realised the danger of creating a system of Internet self-censorship.”So there is no inescapable obligation to do this. On the contrary, this measure is dangerous for the future of the Internet in France, and must be stopped. The LEN is a key law for our organisations and, in its present form, has been massively rejected by Internet users and all those who defend individual freedoms. We have unfortunately found until now that, while account has often been taken of private sector grievances, civil society has not been sufficiently involved and heeded during the debates about this bill.”We therefore reiterate our request for a meeting with you to set out our specific recommendations for a solution to the crisis created by this bill.”The letter is signed by Reporters Without Borders secretary-general Robert Ménard, Union of Judges president Aïda Chouk and Odebi League spokesperson Pascal Cohet.last_img read more

Fannie Mae Reevaluates Economic Growth

first_imgSubscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Economic Fannie Mae 2019-06-17 Seth Welborn June 17, 2019 1,838 Views Related Articles Previous: Homeowners Impacted by Sandy Face Uncertainty Next: Fed to Cut Interest Rates in 2019? About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Fannie Mae Reevaluates Economic Growth Demand Propels Home Prices Upward 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Fannie Mae’s Economic and Strategic Research Group (ESR) predicts full-year 2019 and 2020 U.S. economic growth of 1.5%, down from Fannie Mae’s previous prediction of 2.1%. The GSE cites expected weakness in business fixed investment and softening global economic conditions for the decline.“This month, escalating trade tensions and concerns about weakening global growth led us to revise lower our full-year 2019 and 2020 forecasts of real GDP growth to 2.1 percent and 1.5 percent, respectively,” said Fannie Mae SVP and Chief Economist Doug Duncan. “Despite a strong start to the year, we expect growth to slow beginning in the second quarter as macro-level uncertainty disincentivizes business fixed investment and starts to weigh on consumer spending. In order to sustain the longest expansion in more than 70 years, we expect the Fed to once again begin easing monetary policy and to cut its interest rate target by 25 basis points in September.”Fannie Mae’s (ESR) projects that the Federal Reserve will cut the federal funds rate by 25 basis points at the September meeting of its Federal Open Market Committee to fend off greater deceleration in domestic growth. Fannie notes that prices may rise as international trade tensions rise, which may also impact the job market.This week, the Federal Reserve Chair Jerome Powell will hold a press conference following Tuesday and Wednesday’s Federal Open Market Committee Conference.Earlier this year, the Federal Reserve announced that it will be keeping the federal funds rate at 2.25 to 2.50%. The Fed statement announced that The Board of Governors of the Federal Reserve System voted unanimously to set the interest rate paid on required and excess reserve balances at 2.35%.“We expect housing to add to growth for the foreseeable future, and our projection of a 1.0 percent year-over-year increase in home sales in 2019 remains unchanged,” Duncan continued. “Moderating home price appreciation and attractive mortgage rates continue to support affordability, particularly as home builders are now paying more attention to the entry-level portion of the housing market.” The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, Market Studies, News Tagged with: Economic Fannie Mae The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Fannie Mae Reevaluates Economic Growthlast_img read more