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S&P Futures, Global Stocks Rise Ahead Of The Fed; Oil Rebounds

S&P Futures, Global Stocks Rise Ahead Of The Fed; Oil Rebounds

It is fitting that just a few hours until the Fed's second rate hike in two quarters, and one day after Goldman downgraded global stocks to Neutral for the next 3 months, not to mention with the results of the anticipated Dutch election due shortly, that global stocks as well as S&P futures are higher, while crude oil has finally managed to stage a rebound as the Dollar DXY index is fractionally in the red.

Goodbye Old EU, Hello New Multi-Speed Europe

Goodbye Old EU, Hello New Multi-Speed Europe

Authored by Peter Korzun via The Strategic Culture Foundation,

Hit by a wave of crises, the European Union is urgently searching a new model of functioning in order to survive in one form or another. The need to balance between unity and diversity is a dilemma faced currently by the bloc. Currencies, politics and interests differ to make a new pattern of European integration a reality.

Germany Set to Pass New Law to Punish Social Media Networks for Permitting Hate Speech to Exist

Taking a bold authoritarian step towards fighting online hate speech, Germany intends to pass a law that would fine social media outlets up to $53m for failing to delete hateful comments within a designated time frame.

Out of all the social media outlets, YouTube is the best at monitoring hate speech, with a 90% removal rate inside a week. Facebook was second at 39% and Twitter an abysmal last at just 1%.

Lots of hate happening on Twitter these days. Evidently, something will have to be done about that.

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