Global Tariff Policy Set to Cost Businesses $1.2 Trillion

LONDON, Oct. 17 — A new analysis by S&P Global warns that the latest wave of global tariffs, spearheaded by U.S. trade measures, will impose costs exceeding $1.2 trillion on businesses worldwide in 2025. The report highlights that while companies will absorb part of the impact, two-thirds of the financial burden is expected to be […]

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No One Should Be Forced to Conform to the Views of the State

Should you have to think twice before posting a protest flyer to your Instagram story? Or feel pressure to delete that bald JD Vance meme that you shared? Now imagine that you could get kicked out of the country—potentially losing your job or education—based on the Trump administration’s dislike of your views on social media.  That […]

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World’s Biggest Data Centre Sale: Macquarie Sets Global Record With US$40bn Sale of Aligned Data Centers

Macquarie Asset Management announced on October 15, 2025, that it will divest Aligned Data Centers, a U.S.-based operator, to a consortium of investors including BlackRock’s Global Infrastructure Partners (GIP), the AI Infrastructure Partnership (AIP), and UAE-based MGX. The deal, which values Aligned at US$40 billion, surpasses the previous sector record set in 2024 when Blackstone […]

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🎃 A Full Month of Privacy Tips from EFF | EFFector 37.14

Instead of catching you off-guard with a jump scare this Halloween season, EFF is here to catch you up on the latest digital rights news with our EFFector newsletter! In this issue, we’re helping you take control of your online privacy with Opt Out October; explaining the UK’s attack on encryption and why it’s bad […]

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Brussels Set to Greenlight ADNOC’s $17 Billion Covestro Takeover

The European Commission is poised to approve the $17 billion acquisition of Covestro by the Abu Dhabi National Oil Company (ADNOC), following key concessions made by the UAE-based energy firm to address regulatory concerns. The deal, valued at €14.7 billion, represents ADNOC’s largest-ever foreign investment and a significant expansion into the European chemicals sector. Sources […]

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Nations confront deep divisions over carbon emission cuts to global shipping

The framework, developed after years of negotiations and approved in draft form in April, would for the first time establish a mandatory global fuel standard and a greenhouse gas pricing mechanism for ships. Together, they are intended to steer the world’s maritime fleet – which carries about 80 per cent of global trade and produces […]

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Victory! California Requires Transparency for AI Police Reports

California Governor Newsom has signed S.B. 524, a bill that begins the long process of regulating and imposing transparency on the growing problem of AI-written police reports. EFF supported this bill and has spent the last year vocally criticizing the companies pushing AI-generated police reports as a service.  S.B.524 requires police to disclose, on the […]

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AstraZeneca Commits $50 Billion to U.S. Manufacturing and R&D in Drug Pricing Deal

British pharmaceutical giant AstraZeneca has reached a sweeping agreement with the U.S. government to cut prescription drug costs while dramatically expanding its American manufacturing and research footprint. The deal, announced at the White House by CEO Pascal Soriot alongside President Donald Trump, commits the company to invest $50 billion over the next five years in […]

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Asia-Pacific Markets Face Pressure as China Imposes Retaliatory Port Fees on U.S. Ships

Hong Kong, 14 October 2025 — Investor sentiment across the Asia-Pacific region is set to weaken after China announced it will begin charging 400 yuan ($56) per net ton on U.S.-owned, operated, built, or flagged vessels docking at its ports. The move, effective October 14, mirrors Washington’s own port fees on Chinese ships, which also […]

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Trade, debt and investment at the heart of upcoming UN meeting, as global unpredictability hits people’s livelihoods

UNCTAD 16 from 20 to 24 October will seek practical ways to restore predictability in trade, ease debt pressures and direct investment to the real economy. “We are witnessing a transformational shift in multilateral trade and the decisions we make during UNCTAD 16 will impact the future of trade and global development policy and debates,” […]

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