Issue 44

Trump goes all-in

Delivered on 06 August 2019 by Justin Pyvis. About a 2 min read.

The US applied a 10% tariff to all of its remaining Chinese imports, set for 1 September. The fallout from this dispute is only going to intensify from here. A US recession in 2020 is looking more likely by the day as Trump erodes what is left of this expansion at the same time as the stimulus from his tax cuts wears off.

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George Orwell was too early

I still wouldn't install one of these things in my house. Voluntary surveillance / free training for their AI algorithms; no thank you. Oh and hot air balloons and more facial recognition? What could possibly go wrong...

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Apple is in trouble

Apple's pivot into services is not going according to plan. Let's face it, iPhones are overpriced for what they are and Apple hasn't reacted fast enough to the competition. It's going to be an uphill battle from here, and the escalation of the US/China trade dispute will not help.

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Other bits of interest

Image of the week

The latest tranche of tariffs in the United States' drawn-out trade dispute with China means tariffs will now cover virtually all of their bilateral trade. The latest tax will mostly hit consumer goods (look out, Apple), so despite the lower rate should be felt harder in the US than the previous rounds.

This week's data breaches

Every week there are dozens of -reported- data breaches, usually where data were not encrypted. There are troves and troves of data on drives all over the world that hackers have been unable to decrypt.

Now imagine a world where encrypted data are backdoored, then that backdoor gets discovered. That's the world that US Attorney General William Barr wants to create.

The breaches:

Issue 44: Trump goes all-in was compiled by Justin Pyvis and delivered on 06 August 2019.