Why the GDPR email deluge, and can I ignore it?

Why the GDPR email deluge, and can I ignore it?

‘Urgent action required ”, “Do you still want to hear from us?”, “We’ve updated our privacy policy”, “Should we stop sending you updates? If not, act now!” Many of us will have received emails like this during the past few weeks, some of them from companies we haven’t used for years or have maybe never even heard of. Triggering this deluge of emails is something called GDPR that comes into effect in just under two weeks’ time. Often the emails warn that if you don’t respond, you will be removed…

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IMF to launch a global database of public and private borrowing

IMF to launch a global database of public and private borrowing

Given that global debt is now at record levels, the international monetary Fund has established a database of public and private borrowing in 190 countries – almost all over the world – since the 1950s. In April the fund said the global economy was more indebted than before the financial crisis and immediate action needed to be taken before the next downturn. It said worldwide debt now stood at $164tn, equal to 225% of global GDP and up from a previous record of 213% in 2009. Central banks, which have…

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Pro-Brexit movement fined for violations of campaign financing

Pro-Brexit movement fined for violations of campaign financing

The British election Commission on Friday imposed a fine of £ 70,000 (€79,000) on leave for the movement Brexit. EU for multiple irregularities in the financing of its campaign for the June 2016 referendum on the United Kingdom’s withdrawal from the European Union (EU). The Commission said in a press release that Leave.EU had incorrectly reported its spending during the referendum campaign, exceeded its spending limit and submitted incomplete and erroneous statements of expenditure and transactions. It added that there were reasonable grounds to suspect that the responsible person in…

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