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Bitcoin falls beneath $36,000 as cryptocurrencies slip as soon as once more

Bitcoin took another hit on Friday as other cryptocurrencies including ether and doge also saw their values fall.

The price of bitcoin hovered around $36,000 on Friday. Bitcoin traded 7% lower at $35,997.72 by 4:10 p.m. ET, according to Coin Metrics data.

Elsewhere, ethereum’s price fell 9.3% to $2,501.16 a coin, while dogecoin’s price fell 4% to 32 cents.

Bitcoin, the world’s most popular cryptocurrency has been trying to recover after a week of turmoil that saw its price tumble 30% to around $30,000 last week.

It briefly climbed back above $40,000 on Wednesday before losing some of those gains.

Cryptocurrencies continue to divide opinion. In a 41-page note last week, Goldman analysts shared their views on whether the likes of bitcoin and ethereum should be considered an asset class or not.

The latest price falls comes a day after longtime bitcoin bull Cathie Wood, founder and CEO of Ark Investment Management, argued that bitcoin has a place in the world of deflation.

Emerging markets — where currencies are often linked closely to commodity price cyclicality — could ultimately spur outperformance in bitcoin, she said.

“I think what will happen as their currencies come under pressure, the velocity of their money will increase as more and more of their populations shift into bitcoin, and other cryptocurrencies and assets,” Wood said at CoinDesk’s Consensus 2021 conference on Thursday.

Read more about cryptocurrencies from CNBC Pro

Last week’s crypto sell-off came after authorities in China and the U.S. moved to tighten regulation and tax compliance on cryptocurrencies. Chinese authorities called for tighter regulation on crypto mining and trading, reinforcing rules announced in 2017, and the U.S. Treasury announced that it would require stricter crypto compliance with the IRS.

The price recovered after Tesla CEO Elon Musk said Monday he had spoken with bitcoin miners in North America about renewable energy solutions amid growing concerns about the crypto’s carbon footprint. Elsewhere, hedge fund billionaire Ray Dalio revealed in an article published on Monday that he owns some bitcoin.

— Additional reporting by CNBC’s Maggie Fitzgerald.

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U.S. to Reimpose Sanctions on Belarus Over Pressured Airplane Touchdown

The Biden government said late Friday that it would impose economic sanctions on certain state-owned companies in Belarus, the latest diplomatic backlash by a Western government after the country’s authoritarian leader knocked down a European passenger jet last weekend.

The plane, a Ryanair Boeing 737 flying from Greece to Lithuania, was flying through Belarusian airspace on Sunday when it was diverted and forced to land in the capital Minsk with a fighter escort. Roman Protasevich, a Belarusian opposition journalist who lived in exile abroad, was arrested with his girlfriend after the plane landed.

Belarusian President Aleksandr G. Lukashenko, a brutal and eccentric strong man, has alleged that he diverted the plane because of a bomb threat sent by email in order not to arrest Mr. Protasevich. However, a Swiss email provider said that the email quoted by the Belarusian authorities was sent after the plane had already been diverted.

White House press secretary Jen Psaki said in a statement Friday evening that sanctions against nine Belarusian state-owned companies that had been lifted by the Treasury Department would be reinstated on June 3.

The United States, together with the European Union and other allies, is developing a list of sanctions against members of Mr. Lukashenko’s government linked to “ongoing human rights violations and corruption, the 2020 election fraud and the events of May 23”, added her.

The allegation of electoral fraud referred to last summer when Mr. Lukashenko, who has been in power since 1994, claimed to have won 80 percent of the vote in a sham election. His claim led to mass demonstrations where the police cracked down on them.

The spokesman for the government of Mr. Lukashenko could not be reached immediately on Saturday for a statement.

Mr Protasevich, the imprisoned journalist, co-founded a telegram channel that is a popular opposition center in Belarus and was used to mobilize protests last year. Mr Biden has called for the 26-year-old’s release, stating that his arrest and a video he recently shot while in state custody – apparently under duress – were “shameful attacks on both political disagreement and freedom of the press. ”

In addition to the sanctions announced on Friday, the United States will also suspend the application of an aviation agreement with Belarus for 2019 and recently advised American citizens not to travel to the country, Ms Psaki said in the statement.

“We are taking these measures together with our partners and allies to hold the regime accountable for its actions and to demonstrate our commitment to the aspirations of the Belarusian people,” she said.

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Planet set to hit crucial temperature restrict quickly

A family walks across dry cracked earth that used to be the bottom of Lake Mendocino on April 22, 2021 in Ukiah, California.

Justin Sullivan | Getty Images

The likelihood of the planet reaching a key temperature limit within the next five years has doubled, according to a study by climate scientists, with the world on track to witness the hottest year on record in that same time frame.

“There is about a 40% chance of the annual average global temperature temporarily reaching 1.5° Celsius (2.7 degrees Fahrenheit) above the pre-industrial level in at least one of the next five years — and these odds are increasing with time,” the World Meteorological Organization said on Thursday. The WMO, a specialized agency of the United Nations, said this had doubled from 20% in the last decade.

That 1.5 degrees Celsius above the pre-industrial level is the lower target of the landmark 2015 Paris Agreement. The climate accord is widely recognized as critically important to avoid an irreversible climate crisis.

In 2020 — one of the three hottest years on record — the global average temperature was 1.2 °C above the pre-industrial baseline, the WMO reported in April. The Paris Agreement aims to keep the rise in global temperature significantly below 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels this century.

“There is a 90% likelihood of at least one year between 2021-2025 becoming the warmest on record,” the WMO said in its press release.

Between now and 2025, high latitude regions like Europe, the northern U.S. and Canada, and Russia, as well as the Sahel in Africa, are likely to become wetter and the Atlantic is expected to see more tropical cyclones compared to the recent past, which the WMO defines as the 1981-2010 average. 

“These are more than just statistics,” WMO Secretary-General Petteri Taalas said in a statement. 

“Increasing temperatures mean more melting ice, higher sea levels, more heatwaves and other extreme weather, and greater impacts on food security, health, the environment and sustainable development,” he said.

Still, the WMO says that it is “very unlikely,” with just a 10% probability, that the five-year mean annual temperature of the planet will be 1.5°C warmer than pre-industrial levels for the entire 2021-2025 period. The 90% likelihood refers to that temperature rise in any one of the next five years.  

Speaking about the report, senior Met Office scientist Leon Hermanson told BBC News on Thursday: “We’re approaching 1.5 C – we’re not there yet but we’re getting close. Time is running out for the strong action which we need now.”

Worse extreme disaster events

Governments around the world have launched ambitious targets to cut carbon emissions and major energy companies are now beginning to feel the impact of the climate movement as some heavyweight investors pressure firms to decrease their fossil fuel use.

But substantially lowering emissions will be an extremely challenging endeavor, scientists warn. The WMO notes that the Paris Accords’ “nationally determined contributions,” or states’ commitments to emissions reductions, “currently fall far short of what is needed to achieve this target.”

And energy demand is expected to rise dramatically in the coming years as the world’s population continues to grow, with most of that need still set to be met by fossil fuels, according to the Energy Information Administration.

The COP26 Summit scheduled for November of this year in Glasgow, Scotland is being described by many in the scientific and policymaking community as a crucial “make or break” moment for governments to stem what many warn will be a climate disaster as sea levels and global temperatures rise. 

In the U.S. alone, intensifying rainfall fueled by climate change has caused nearly $75 billion in flood damage in the past thirty years, Stanford University researchers found in a study published in January. Those researchers warned that passing warming levels outlined in the global Paris Climate Accord will worsen extreme disaster events.

And developing nations are most exposed to climate risk — especially those in coastal areas and those highly dependent on predictable weather patterns for agricultural production.

Morgan Stanley in 2019 reported that climate-related disasters have cost the world $650 billion over the last three years, with North America shouldering most of the burden.

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Spain Issued ‘Equality Stamps’ in Pores and skin Tones. The Darker Ones Had been Price Much less.

MADRID – A new campaign by the Spanish Postal Service to condemn racism has backfired, offending many people with a series of stamps in skin tones – the lighter the hue, the more valuable the stamp.

The Equality Stamps were issued this week to mark the anniversary of the murder of George Floyd, the black man whose murder by a Minneapolis police officer fueled outrage on the American streets and led to widespread calls for the fight against racism in the United States and America Furthermore. The release of the stamps also coincided with the European Diversity Month.

Moha Gerehou, the author of a new book on racism in Spain, said on Twitter that he understood the postal service was well meant – but said it was badly fired.

It is “a huge contradiction”, he wrote, “a campaign that launches stamps with different values ​​depending on the color to show the same value in our lives. The news is an absolute disaster. “

The cost of the postage starts at € 0.70 (85 cents) for the darkest color, and as the hue becomes progressively lighter, the value for the pale color increases steadily to € 1.60.

The postal service said on Twitter that the pricing was aimed at “reflecting an unfair and painful reality that shouldn’t be,” and that it had hoped the campaign would “give a voice to a generation committed to equality and diversity starts “.

However, some critics said that message was easily lost and that the campaign played into the hands of Vox, the far-right party that became the third largest group in the Spanish parliament after the elections in late 2019.

Mr Gerehou, the author and a Spanish native of Gambian descent, said the postal service had joined an anti-racism push that had spread from the United States to Spain. But he said such efforts “must be accompanied by profound changes”.

The campaign was designed with the help of SOS Racismo, an anti-racism organization, and promoted in a video by El Chojín, a rap artist.

SOS Racismo defended the stamps as “a very visual way of denouncing the racism that affects thousands of people in the Spanish state”.

The group said the campaign also highlighted broader issues such as the rise in xenophobia in Europe and the plight of migrants preparing to make the dangerous journey from North Africa and the Middle East across the Mediterranean to Spain.

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Russia’s Nobelium utilizing USAID’s electronic mail system for hack, Microsoft says

Annette Riedl | Picture Alliance | Getty Images

The Russian hackers believed to be behind the catastrophic SolarWinds attack last year launched another major cyberattack, Microsoft warned Thursday.

Microsoft said in a blog post that the hacking group known as Nobelium attacked over 150 organizations worldwide in the past week, including government agencies, think tanks, consultants and non-governmental organizations.

They sent phishing emails – fake messages designed to trick people into disclosing sensitive information or downloading malicious software – to more than 3,000 email accounts, the tech giant said.

At least 25% of the target organizations are involved in international development, humanitarian and human rights work, wrote Tom Burt, corporate vice president of customer security and trust at Microsoft.

“These attacks appear to be a continuation of Nobelium’s multiple intelligence-gathering efforts to target government foreign policy agencies,” Burt said.

According to Microsoft, organizations in at least 24 countries have been affected, with the US receiving the largest share of attacks.

The violation was discovered three weeks before President Joe Biden’s scheduled meeting with Russian President Vladimir Putin in Geneva.

It also comes a month after the US government explicitly stated that the SolarWinds hack was carried out by the Russian Foreign Intelligence Service (SVR), a successor to the KGB’s overseas espionage operations.

The Kremlin said Friday it had no information about the cyber attack and Microsoft needed to answer more questions, including how the attack relates to Russia, Reuters reported. The Kremlin did not immediately respond to CNBC’s request for comment.

The hack explained

According to Microsoft, Nobelium has gained access to an email marketing account used by the U.S. Agency for International Development, the federal government’s aid agency. The account is managed on a platform called Constant Contact.

Burt said Nobelium used the account to “distribute phishing emails that looked authentic but contained a link that inserted a malicious file when clicked”.

The file contains a backdoor, which Microsoft calls NativeZone, which “can enable a wide variety of activities from stealing data to infecting other computers on a network,” Burt said. Microsoft is in the process of notifying customers who have been targeted.

The SolarWinds attack uncovered in December turned out to be much worse than initially expected. It gave the hackers access to thousands of companies and government agencies that were using SolarWinds IT software.

Microsoft President Brad Smith described the attack as “the biggest and most sophisticated attack the world has ever seen”.

Earlier this month, Russia’s spy chief denied responsibility for the SolarWinds cyberattack, but said he was “flattered” by US and UK allegations that Russian foreign intelligence was behind such a sophisticated hack

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Taiwan Drought: Residents Pray for Rain and Scramble to Save Water

TAICHUNG, Taiwan — Lin Wei-Yi once gave little thought to the water sluicing through her shower nozzle, kitchen faucet and garden hose.

But as Taiwan’s worst drought in more than half a century has deepened in recent weeks, Ms. Lin, 55, has begun keeping buckets by the taps. She adopted a neighbor’s tip to flush the toilet five times with a single bucket of water by opening the tank and directly pouring it in. She stopped washing her car, which became so filthy that her children contort themselves to avoid rubbing against it.

The monthslong drought has nearly drained Taiwan’s major reservoirs, contributed to two severe electricity blackouts and forced officials to restrict the water supply. It has brought dramatic changes to the island’s landscape: The bottoms of several reservoirs and lakes have been warped into cracked, dusty expanses that resemble desert floors. And it has transformed how many of Taiwan’s 23.5 million residents use and think about water.

“We used too much water before,” Ms. Lin said this week in the central city of Taichung. “Now we have to adapt to a new normal.”

No typhoons made landfall in Taiwan last year, the first time since 1964. Tropical cyclones are a prime source of precipitation for the island’s reservoirs. Some scientists say the recent lack of typhoons is part of a decades-long pattern linked to global warming, in which the intensity of storms hitting Taiwan has increased but their annual frequency has decreased.

Ordinary rainfall has also been drastically lower than normal this year, particularly in the central region that includes Taichung, a city of 2.8 million people and the second-largest on the island. The water shortage could begin to ease this weekend if heavy rains arrive on Saturday, as some forecasters predict. But as of Friday, the water levels at two main reservoirs that supply Taichung and other central cities were hovering between 1 percent and 2 percent of normal capacity.

In a few cases, the usual residents of the island’s lakes and reservoirs — fish — were replaced by other species: tourists and social media influencers taking pictures of the visually startling terrain for Instagram posts. In one of the most photogenic locations, Sun Moon Lake, a reservoir in central Taiwan, the receding waterline has revealed tombstones that historians say may date to the Qing dynasty.

“It’s been meltingly hot in Taichung for a while now,” said Huang Ting-Hsiang, 27, a chef who works out of his home and stopped cooking last month for lack of water. “The images of the dangerously low levels at those reservoirs are scary, but there’s nothing we can do.”

To fight the drought, the government has been drawing water from wells and seawater desalination plants, flying planes and burning chemicals to seed clouds above reservoirs, and halting irrigation over an area of farmland nearly the size of New York City.

It has also severely restricted residential water deliveries. In Taichung and other hard-hit cities, the taps have been cut off for two days a week since early April. Some residents have low water pressure even on the other days. Officials have said the curbs will become more severe, starting on Tuesday, if the heavy rainfall that is expected over the weekend does not materialize.

Lo Shang-Lien, a professor at the Graduate Institute of Environmental Engineering at National Taiwan University, said that the current restrictions were necessary in part because people on the island tend to use a lot of water.

In Taichung, the daily rate of domestic consumption per person is 283 liters, or nearly 75 gallons, according to government data from 2019. In Taipei, the capital, it is 332 liters per day. By contrast, average residential water consumption in Europe is about 144 liters per person per day and 310 liters in the United States, according to official estimates.

Professor Lo said that Taiwan’s water usage was relatively high in part because its water prices — some of the lowest in Asia, according to Fitch Ratings — incentivize excess consumption. “Given all the extreme climatic events of recent years, water policies have become something that we need to reconsider and replan,” he said.

Raising those prices would be politically sensitive, though, and a spokesperson for the Water Resources Agency said that the government had no immediate plans to do so.

For now, many people in Taiwan are watching the skies and praying for rain.

In one sign of the public mood, more than 8,000 social media users tuned in to a recent government livestream of an hourlong afternoon thunderstorm at a reservoir in northern Taiwan. A bubble tea shop in the northern city of Taoyuan said that it would stop serving ice with drinks until the water restrictions were lifted. And in Taichung, irrigation officials held a rain-worshiping ceremony at a temple — the first such event there since 1963 and only the fourth since the temple was built, in 1730.

Ms. Lin, who stopped washing her car, cleans dishes in an assembly line of metal pots with dishwater that she arranges from dirtiest to cleanest.

“I still need to wash whatever I need to wash,” she said, “but now every drop needs to be used twice.”

For the first few weeks of the rationing, some people looked for ways to escape life without running water. Ms. Lin went sightseeing in the eastern city of Hualien and visited one of her daughters in Taipei. Others went bathing in hot springs.

Lin Ching-tan, who owns the Kylin Peak Hotspring resort in Taichung, said that he had lowered the admission price by half, to about $5, as a humanitarian gesture. He also started bathing at work before going home in the evenings.

“If you don’t have water to take a shower, it can be torture,” he said.

But as the government restricts movement in an effort to fight Taiwan’s most severe coronavirus outbreak since the start of the pandemic, more of the island’s residents are stuck at home, looking for creative ways to make scarce water supplies last longer. On Facebook and other social media platforms, people have been sharing water-saving tips, including how to flush toilets more efficiently or install a second rooftop water tank.

Mr. Huang, the chef, said that he and his family have a system for storing water in buckets, pots and tanks before their taps run dry every Tuesday and Wednesday. They also try to order takeout so that they won’t have to use water for cooking, he added, although their favorite restaurants and food stalls sometimes close for the same reason.

Ms. Lin’s system includes placing a plastic container under her feet while showering, then flushing the toilet with it.

This week, on her balcony, she poured used kitchen water over some flowers but left others to wilt. “There’s no turning back from extreme weather,” she said. “Developing good habits for saving water is probably just a rehearsal for frequent droughts of the future.”

Amy Chang Chien reported from Taichung, Taiwan, and Mike Ives from Hong Kong.

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Salesforce (CRM) earnings Q1 2022

Marc Benioff, CEO of Salesforce.

Adam Jeffery | CNBC

Salesforce stock rose 3% in expanded trading on Thursday after the cloud software maker posted a profit in the first quarter that exceeded analysts’ expectations.

This is how the company did it:

  • Merits: According to Refinitiv, $ 1.21 per share, adjusted down from 88 cents per share as analysts expected.
  • Revenue: According to Refinitiv, $ 5.96 billion versus $ 5.89 billion as analysts expected.

Revenue was up 23% year over year for the quarter that ended April 30, the company said in a statement. In the previous quarter, sales rose by 20%.

The Platform and Other segment, which includes MuleSoft and Tableau products, currently Salesforce’s top segment for subscription and support revenue, contributed $ 1.75 billion to revenue, up 28%.

Salesforce’s core Salesforce product, which sales reps use to pursue business opportunities, had sales of $ 1.39 billion, up 11%.

In the quarter, Salesforce acquired Acumen Solutions, a professional services company, and announced voice capabilities for its Service Cloud offering. The company said over 150 government agencies and health organizations used its software to manage vaccine distribution.

Turning to the projections, Salesforce sees adjusted earnings per share of 91 to 92 cents for the second quarter on revenue of $ 6.22 to $ 6.23 billion. Analysts polled by Refinitiv were looking for adjusted earnings per share of 86 cents and sales of $ 6.15 billion.

Salesforce called for adjusted earnings per share of $ 3.79 to $ 3.81 and revenue of $ 25.9 to $ 26.0 billion for the full fiscal year 2022. Analysts surveyed by Refinitiv agreed that adjusted earnings per share were $ 3.43 and revenue was $ 25.76 billion.

Despite the post-close shift, Salesforce stock is up less than 2% since the start of the year, while the S&P 500 index is up nearly 12% over the same period.

Morgan Stanley analysts upgraded their rating on Salesforce stock to the equivalent of buying versus the equivalent of holding earlier this month. “While concerns about the appetite for mergers and acquisitions and permanent margin expansion remain, leading franchisees are not staying cheap for long, especially given the strong demand we anticipate over the next few years,” they write.

Executives will discuss the results with analysts in a conference call starting at 5:00 p.m. Eastern time.

This is the latest news. Please try again.

CLOCK: Jim Cramer on Nvidia, Salesforce and Williams-Sonoma

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Pentagon Accelerates Withdrawal From Afghanistan

In order to keep an eye on the military situation on the ground, the US military would like to continue to use a version of the so-called combined situation awareness room, in which it coordinates with its Afghan colleagues (often via WhatsApp), passes on information and provides air support and other forces on the Battlefield. However, it remains unclear where the command center would be, with options like the American embassy or out of the country.

Although the Afghan Air Force has become increasingly powerful in recent years, American drones and other surveillance aircraft are still providing important target information. And although US strikes have been reduced under extremely restrictive rules of engagement, they still occur when international forces depart and Afghan security forces struggle to assert themselves.

US military officials believe the United States will deploy significant numbers of reconnaissance aircraft to continue to aid the Afghan armed forces, but will limit air strikes only to “counter-terrorism operations,” a loose description used in the past to denote one Justify variety of actions.

In the absence of bases to position aircraft near Afghanistan, American aircraft must fly from bases in the Middle East or from aircraft carriers in the Arabian Sea to support Afghan forces or conduct counter-terrorism missions from “over the horizon”.

For surveillance drones and propeller-driven aircraft, this means journeys of several hours just to get to Afghanistan.

For jets based on aircraft carriers, this means frequent refueling stops in the air. As US land-based jets leave Afghanistan, US forces struggle to meet demand for aircraft carriers as tankers have to refuel. Currently, the jets aboard the USS Eisenhower in the Arabian Sea can only handle around 75 percent of inquiries about Afghanistan, a military official said.

General Kenneth F. McKenzie Jr., head of Pentagon Central Command, was asked by lawmakers last month about the challenges of countering terrorist threats in Afghanistan after American troops left is not impossible. “

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Digital leash on staff could possibly be crossing a line

Internal surveillance camera

Krisanapong Detraphiphat | Getty Images

With many companies working from home during the pandemic, managers and employers have found it difficult to divert dispersed teams away from the office.

Some have turned to technology to help, but they may be down a dangerous path using tools like artificial intelligence and algorithms to track employees and their work throughout the day, or even facial recognition that can make sure someone is sitting at their desk.

A recent report by the Institute for the Future of Work, a UK research and development group, states that algorithmic systems typically used to monitor the performance of warehouse workers or delivery drivers have pervaded more and more industries.

Andrew Pakes, deputy general secretary of the UK-based union Prospect, told CNBC that these “digital leash” technologies have been an upward trend for some time and that remote working with Covid-19 is accelerating this.

“This was a topic we picked up on before Covid, but rocket amplifiers have grown over the past year as companies turned to technology,” Pakes said.

“On the one hand, technology was really important in keeping us safe and connected at home, but there is another side and that is the concern we see with it.”

Prospect has published some research on employee attitudes towards these technologies. The majority of respondents in a survey said they were uncomfortable with monitoring cameras or keystrokes.

This technology is attracting increasing attention from critics. Microsoft faced a backlash in Microsoft 365 against the “Productivity Score” that allowed managers to track an employee’s performance. Microsoft has since resorted to the features of the product and minimized the data collected from individuals.

PwC was criticized last year for developing a facial recognition tool for financial companies that monitors an employee and ensures that they are at their desks when they are supposed to be. A PwC spokesman told CNBC that the tool was a “conceptual prototype”.

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But that type of game hasn’t stopped others from tinkering with the technology. Fujitsu has developed an AI tool that can be used to determine how much someone is focused on an online meeting or course by analyzing the muscle movements in the face.

As more technologies like this emerge, employers need to be careful what they use.

privacy

Brian Honan, a cybersecurity advisor and former Europol advisor, said the introduction of AI-powered work tracking tools like facial recognition or keystroke monitoring poses a number of risks for businesses.

“Businesses have a duty of care to protect their business and they have a legitimate interest in making sure their business interests are considered, but they need to be weighed against individual rights in the workplace,” Honan said.

He suspects that many tools like keystroke monitoring or programs that take screenshots of a person’s desktop could be illegal under the EU’s extensive GDPR regulations. “If you think about all of the information these tools might gather while you work,” he said.

Honan added that the power of these tools is heavily weighted towards the employer and possibly extends too far into an employee’s personal space.

He said the case of camera surveillance with a person sitting at their desk can be particularly problematic in a work-from-home scenario. The camera could take pictures of the employee’s family or roommates, he said, and now their privacy has been violated.

Aside from the regulatory risks, he added, the use of these technologies does little to foster a positive culture in the workplace.

“Without exception, you tell your employees,” I don’t trust you to do your job for what I pay you to do, “he said.

regulation

Pakes said GDPR provides employers with a good framework when considering technologies to manage workers. However, in the age of hybrid and remote working, stricter rules specific to the workplace are required.

Prospect advocates a “right to segregation” law in the UK that will lay down a clear line as to when communication between an employee and his boss ends. Pakes said such regulations are necessary to protect workers from being overreach by employers through technology. The right to separate laws was passed in France and Ireland.

Regardless, the EU will have stricter rules on artificial intelligence that will restrict the use of AI in various industries. Any employer who deals with facial recognition must be wary of new obligations.

“Most of the labor laws in Europe over the last century were designed with physical harm and risk, health and safety in mind. They were not designed for this digital age of AI and for decisions about how to collect data in clouds or black boxes. We argue very strongly that data is the new health and safety, “said Pakes.

“We need to update our labor laws to make them fit for the way we use AI.”

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Manitoba is now the worst sizzling spot in North America, with its hospitals overwhelmed.

The coronavirus is now spreading faster in Manitoba than any other province or state in Canada, the United States, or Mexico. Indigenous and colored people are disproportionately affected.

Figures released on Wednesday show that the Prairie Province of central Canada has reported an average of 35 new cases per 100,000 per day over the past two weeks. Canada as a whole averages 10 per 100,000 per day; the United States 7 per 100,000; and Mexico 2 per 100,000. The next higher states or provinces are Alberta with 16 and Colorado with 15.

Dr. Marcia Anderson, the leader of the Manitoba First Nation Pandemic Response Coordination Team for public health, told reporters Wednesday that from the beginning of the month through May 19, 61 percent of the cases in Manitoba were indigenous and other non-white people, despite being 37 Make up percent of the province’s population.

People of Southeast Asian descent are most disproportionately affected at 146 per 1,000 people, 13 times the rate among whites.

The surge in Covid-19 cases has overwhelmed intensive care units at Manitoba hospitals, forcing some patients to be evacuated by air to other provinces. Eighteen patients were flown to neighboring Ontario, including some to Ottawa, about 1,000 miles away. Saskatchewan, the province to the west, was due to receive an evacuated patient from Manitoba on Wednesday.

On Tuesday, a group of doctors urged the province to follow the example of Ontario and others by introducing a stay-at-home order and closing non-essential businesses. These steps have allowed other provinces to contain their recent waves of infections.

Shops in Manitoba were limited to 10 percent of capacity, and gyms and hair salons have been closed for several weeks. On Tuesday, Provincial Prime Minister Brian Pallister extended the restrictions on outdoor gatherings held last weekend. They now last until the end of this week.

Mr Pallister suggested Tuesday that the worsening situation in the province was not caused by too few restrictions, but rather by people not complying with the restrictions already in place.

“I no longer have much sympathy for people who knowingly and willingly violate public health rules,” he said.