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Hard Numbers: Google’s day in Euro courts, China’s endless quarantine, Three Amigos meet, Japanese stimulus
Google app is seen on a smartphone in this illustration taken, July 13, 2021.
REUTERS/Dado Ruvic
2.4 billion: Google had a big day in European courts on Wednesday. On the one hand, the US tech giant lost its appeal against a 2.4 billion euro ($2.77 billion) fine for breaching EU antitrust rules. On the other, the UK's top court blocked an even more expensive anti-privacy suit filed against Google for allegedly tracking information from millions of British iPhone users without their consent.
56: The city of Shenyang is taking China's zero-COVID strategy to an insane new level. The local government will now require visitors to quarantine for 28 days in a hotel, get tested seven times during that period, and if all goes well, then self-quarantine at home for another four weeks. That's a whopping 56 days of isolation. (And some Americans complain about wearing a mask on the bus?)
5: The leaders of the US, Canada, and Mexico will meet in person next week in Washington for the first time in five years. Of the three, only Canadian PM Justin Trudeau attended the last "Three Amigos Summit", which was held in 2016.
265 billion: Fumio Kishida was re-elected Japan's prime minister by the lower house of parliament on Wednesday. The top item on his agenda is a $265 billion economic stimulus package that'll include checks for low-income households and those with children.The Democratic Republic of Congo has reportedly banned exports of copper and cobalt concentrates – the goal is to force more processing at home and capture a larger share of profits generated from its natural resources.
Brazilian presidential candidate Flávio Bolsonaro has until tomorrow to find a VP candidate
The unprecedented surge stunned European governments and prompted an emergency meeting of EU interior ministers today on strengthening the bloc’s migration policies
In his latest Quick Take, Ian Bremmer examines the growing gap between President Trump’s threats to escalate against Iran and his reluctance to follow through with military action.