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A ‘no-deal’ Brexit would hammer the Irish economy and wipe billions from its GDP

If Britain crashes out of the EU without a deal, 2.5% of Ireland's GDP could be lost, economists at Oxford Economics predict.
Facebook CEO Mark Zuckerberg.

Facebook could face increased scrutiny from EU regulators after audio data from European users was mistakenly sent to contractors

Facebook accidentally included data from European users in an audio transcription program, and it could be a violation the EU's strict privacy laws.

Europe has a 70% chance of falling into recession, top economist warns

Allianz's chief economic adviser, Mohamed El-Erian, pointed to Brexit and a shrinking German economy as key drivers of a downturn.

Here’s why the German economy is tanking and most likely headed for recession

Falling demand for exports meant Germany grew at its slowest rate in six years in the first half of 2019.
A photo shared by Facebook of CEO Mark Zuckerberg talking to employees at a "Town Hall" meeting on July 24, 2019.

A top EU privacy regulator is looking into how millions of Instagram users’ personal data was harvested by one of the company’s partners

The Irish Data Protection Commission, a key EU data regulator, wants to know whether EU subjects were affected by the Instagram data scraping.

Trump rolls out trade agreement with the EU one day after escalating tensions with China

The announcement came just a day after Trump escalated trade tensions with China, saying he would slap tariffs on all of its remaining products.

German manufacturing is in ‘free fall,’ say factory executives

"An improvement in the situation is not to be expected," the Ifo Institute researchers said.

The UK might already be in a recession — before even leaving the EU

In the event of a "no-deal" Brexit, growth could drop to zero, according to the National Institute for Economic and Social Research.
Russia's President Vladimir Putin shakes hands with his Iranian counterpart Hassan Rouhani.

Russia is joining forces with Europe to rescue the Iran nuclear deal that Trump abandoned

Iran has been expressing frustration with the other parties who signed the 2015 deal at not helping Iran after the US-imposed sanctions.
European competition chief Margrethe Vestager.

The EU just launched a big antitrust probe into Amazon, and it could lead to a fine of up to $23 billion

The European Union's competition commissioner, Margrethe Vestager, announced the Amazon investigation on Wednesday.