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July 24, 2018
50 million: Popular websites that fail to take down inaccurate content will face fines of up to 50 million rubles ($800,000) under a proposed “fake news” law unveiled in Russia’s Duma. #OneMan'sFakeNews
16.7: In fiscal year 2017, 16.7 percent of Pakistan’s government spending went to the military, according to SIPRI. That’s the seventh highest share for any nation in the world.
14: Since the 1965 enactment of the Hart-Cellar immigration reform bill, the share of first-generation immigrants in the U.S. population has tripled from less than five percent to about 14 percent. In related news, non-Hispanic whites are projected to be a minority by 2050.
1.2: Between 1995 and 2015, Mexico’s real GDP per person increased by an annual average of just 1.2 percent. In Latin America, only Venezuela performed worse over that period.
-3.5: In 2017, sanctions and drought drove North Korea’s economy into its sharpest contraction in two decades, according to South Korea’s central bank, with GDP falling by 3.5 percent. That’s the steepest fall since famine forced a 6.5 percent spiral in 1997. Is this what brought Kim to the table with Trump?
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Last week, Microsoft, Europol, and industry partners took coordinated action to disrupt Tycoon 2FA, a major phishing‑as‑a‑service operation designed to bypass multifactor authentication. Active since 2023, the service fueled large‑scale online impersonation, enabling fraud, data theft, and disruptions across sectors, including healthcare and education. Acting under a US court order, the coalition seized hundreds of domains that powered Tycoon 2FA’s infrastructure — underscoring the need for global, public‑private cooperation to counter industrialized cybercrime and protect digital trust. Read the full blog here.
Australian mining giant Lynas will sell rare earths to Japan for 12 years in a major pact meant to chip away at China’s dominance of the global market.
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