05/12  closing prices/ revised 05/16/2022 11:38 GMT  | 05/12   OPEC Basket $112.37  +3.34| 05/13    Mexico Basket (MME)  $106.36  +4.22| 03/31 ▲  Venezuela Basket $88.12  (Estimated OPEC) | 05/13   Brent July BRN00 $111.55  +4.10| 05/13 WTI  Texas Intermediate Jun CL00  $110.49  +4.36 | 05/13   Natural Gas May NGM22  $7.663  -0.076| 05/13 Gasoline Jun RBM22    $3.9578  +0.1661 |  05/13 Heating Oil  Jun  HOK22   $ 3.9212  -0.0051 |  06/13  Active U.S. Rig Count (Oil & Gas)  714  +9 | 05/16   USD/MXN Mexican Peso  $20.1013  Live data | 05/16  EUR/USD $1.0430  Live data | 05/16  USD/Bs. (Bolivar)  $4.77050000  |  –        05/12  closing prices/ revised 05/16/2022 11:38 GMT  | 05/12   OPEC Basket $112.37  +3.34| 05/13    Mexico Basket (MME)  $106.36  +4.22| 03/31 ▲  Venezuela Basket $88.12  (Estimated OPEC) | 05/13   Brent July BRN00 $111.55  +4.10| 05/13 WTI  Texas Intermediate Jun CL00  $110.49  +4.36 | 05/13   Natural Gas May NGM22  $7.663  -0.076| 05/13 Gasoline Jun RBM22    $3.9578  +0.1661 |  05/13 Heating Oil  Jun  HOK22   $ 3.9212  -0.0051 |  06/13  Active U.S. Rig Count (Oil & Gas)  714  +9 | 05/16   USD/MXN Mexican Peso  $20.1013  Live data | 05/16  EUR/USD $1.0430  Live data | 05/16  USD/Bs. (Bolivar)  $4.77050000  |  –        05/12  closing prices/ revised 05/16/2022 11:38 GMT  | 05/12   OPEC Basket $112.37  +3.34| 05/13    Mexico Basket (MME)  $106.36  +4.22| 03/31 ▲  Venezuela Basket $88.12  (Estimated OPEC) | 05/13   Brent July BRN00 $111.55  +4.10| 05/13 WTI  Texas Intermediate Jun CL00  $110.49  +4.36 | 05/13   Natural Gas May NGM22  $7.663  -0.076| 05/13 Gasoline Jun RBM22    $3.9578  +0.1661 |  05/13 Heating Oil  Jun  HOK22   $ 3.9212  -0.0051 |  06/13  Active U.S. Rig Count (Oil & Gas)  714  +9 | 05/16   USD/MXN Mexican Peso  $20.1013  Live data | 05/16  EUR/USD $1.0430  Live data | 05/16  USD/Bs. (Bolivar)  $4.77050000  |  –       

EU ministers back bloc’s Big Tech clampdown

justin Tallis/AFP

The European Uinon has led the charge on cracking down on Big Tech

By AFP

BRUSSELS
Petroleumworld 11 25 2021

European Union member states on Thursday agreed their common position on two landmark legislations that could set unprecedented oversight on Big Tech.

Ministers from the EU’s 27 member countries agreed the texts at a meeting in Brussels, which will serve as their marching orders in negotiations with the European Parliament that should start early next year.

The Digital Services Act (DSA) and its companion Digital Markets Act (DMA) were proposed by the European Commission last year and are intended to give Facebook, Google, Apple, Amazon and Microsoft never seen limitations on the way they do business.

The versions approved on Thursday stayed quite close to the original proposals, while the drafts making their way through parliament are expected to make the demands on Big Tech much tougher.

France, as the next holder of the EU presidency in January, will spearhead the talks and French President Emmanuel Macron has made a deal on the laws a priority for his country’s six-month term.

The two texts are “perhaps the most important in the history of digital regulation”, said French Digital Affairs Minister Cedric O as he arrived for talks in Brussels, referring to a “historic day”.

The DSA is an attempt to harmonise rules against illicit content online and would impose stiff sanctions for any failure to takedown illegal speech or block sales of counterfeit products.

The DMA meanwhile is a complete rewrite of current competition rules for Big Tech companies and would hand them a list of specific Do’s and Don’ts on how they do business.

CCIA, the lobby for Big Tech, said the DSA would provide welcome clarity on the rulebook for online content in Europe.

On the DMA, however, “it remains to be seen whether the Council’s hard work ultimately will translate into a more competitive Europe,” it said.

________________________________

Agence France-Presse

apnews.com 11 25 2021

Copyright ©1999-2021 Petroleumworld or respective author or news agency. All rights reserved.

Petroleumworld.com Copyright ©2021 Petroleumworld.

Share this news
CopyRight©1999-2021, EnergiesNet.com™  / Elio Ohep – All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the material.

Leave a Comment

Your email address will not be published.

Scroll to Top