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Thursday, February 10, 2022

Daily Digest 2/10 – Canadian Protests Expand; Stock Market “Cracking”; Facebook Might Shut Down in Europe;

Economy

Americans, get jealous: Meta threatens to shut down Facebook and Instagram in Europe
The social media giant issued the warning in its annual report last Thursday. Regulators in Europe are currently drawing up new legislation that will dictate how EU citizens’ user data gets transferred across the Atlantic.

 

The hidden reason people don’t want to go back to the office
The Wall Street Journal recently published an article showing that some “homers”—those who eschew the office and prefer to work from home—have a secret: They have two jobs. The demands of working a full-time job from home were apparently not enough to prevent some from taking on an extra one.

 

Stock market is starting to ‘show signs of cracking and bursting’: Harvard lecturer
“We’ve had flows driving prices, more than fundamentals in many sectors. And part of that’s being driven by just the massive amounts of money flowing into some of these indexes.”

Health

Protests Against COVID-19 Mandates Expand in Canada; Two Government MPs Dissent
Meanwhile, as the protests persist and opposition parties debate the Liberals’ pandemic policies, two Liberal MPs dissented from their government’s position this week, citing its divisive COVID-19 policies and rhetoric that demonizes those protesting the policies.

Resilience

Los Angeles is building a future where water won’t run out
L.A. Mayor Eric Garcetti’s plan to boost the city’s drought resiliency includes investment in water treatment and recycling facilities. In the era of mega-drought, will it be enough?

 

Sean Penn Discusses Masculinity
His remarks could get him cancelled.

The post Daily Digest 2/10 – Canadian Protests Expand; Stock Market “Cracking”; Facebook Might Shut Down in Europe; appeared first on Peak Prosperity.



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