Tag Archives: default

German court finds fault with Facebook’s default privacy settings

A court in Germany has ruled that Facebook’s default privacy settings and some of its terms and conditions breached local laws. The Berlin court passed judgement late last month but the verdict was only made public this week. The legal challenge, which dates back to 2015, was filed by a local consumer rights association, the vzbv. It successfully argued Facebook’s default ...

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Russia restructures Venezuela's debt after S&P declares default

Published time: 16 Nov, 2017 04:53 Moscow and Caracas have signed an agreement to restructure the Latin American country’s $ 3 billion debt to Russia. The new schedule extends repayments for 10 years with minimal payments in the first six years, according to the Russian Finance Ministry. The debt relief will allow funds to be allocated to the development of ...

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Mozilla terminates its deal with Yahoo and makes Google the default in Firefox again

With the launch of Firefox Quantum, Mozilla released what’s probably the most important update to its browser in recent years. It’s faster, lighter and you should give it a try. And as you do so, you’ll notice another change: Google is now the default search engine again — at least if you live in the U.S., Canada, Hong Kong and ...

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Mozilla terminates its deal with Yahoo and makes Google the default in Firefox again

With the launch of Firefox Quantum, Mozilla released what’s probably the most important update to its browser in recent years. It’s faster, lighter and you should give it a try. And as you do so, you’ll notice another change: Google is now the default search engine again — at least if you live in the U.S., Canada, Hong Kong and ...

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German finance minister hints at REFUSING Greece debt cut paving way for default

Jens Spahn said Greece needed “reliability” not debt relief, for its economy to grow – suggesting a reduction or further bailout cash was out of the question.  Greece owes more than £170bn (€200bn) to its creditors, including the EU, the IMF and the European Central Bank. Its next repayment of £5.9bn (€7bn) is due in July. But there has been ...

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GREECE IN PANIC: Citizens withdraw £2.1bn from banks in 45 DAYS amid default fears

And they are stashing the cash under their mattreses, in safes and in furniture amid a new run on the banks, it has been claimed. Greece faces running out of money in just five months as it faces repayments of more than £5.1bn (€6bn) which they will not be able to achieve without help or restructuring. Despite capital controls preventing ...

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Greece braces itself for 'rupture' as politicians plot £74bn Grexit default plan

And the country’s former finance minister Yanis Varoufakis has blasted the German finance minister Wolfgang Schaeuble’s also directing his ire towards the EU Monetary Affairs Commissioner, ECB negotiators and the French Finance minister accusing them of lying to entice Greece into a dodgy bailout deal. Alexis Tsipras is facing a major backlash in the Greek polls two years after he ...

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