The global scene is constantly changing, with new opportunities and challenges every day. You’ll want to stay in the know and we’re here to help.
Globig’s Weekly World Wrap-up is a curation of important or thought provoking news and insights from the international business, privacy, global HR, AI, cybersecurity, legal, trade, regulatory, investment, startup, and technology sectors around the globe – all in one place.
This Week, In A Nutshell: As the summer heats up – so to does California’s CCPA, which is being enforced as of July 1st, despite requests to delay. In the EU, officials promote both more “harmonization” and stronger enforcement with regard to the GDPR. While Hong Kong’s strict new security law is causing a deep erosion of autonomy in the former British colony,
China seems to have stymied a second wave of coronavirus. China could also stand to benefit from a trade war with India, while Japan is figuring out how to deliver goods untouched by humans. Angeka Merkel and Germany have their work cut out for them as the new leaders of the EU, and the UK plans go forward with Brexit in December – deal or no deal. In the US, small businesses have another opportunity to apply for emergency loans, while the presidents of the US and Mexico will be meeting in a rare face-to-face get-together July 8th and 9th.
GLOBAL
The Art Of Discovering A Breakthrough Product
Via Visual Capitalist: How do companies like Amazon and Apple consistently make game-changing products? Here are 10 types of innovation, and the tactics that lead to big breakthroughs. Read More
Why Marketing Is “Eating The Word”
Yia Elizabeth Yin: If you want to win in the US software market, ironically, the best thing you can for your company is to ramp up your performance marketing knowledge. The US software industry is no longer just about technology. Read More
Sponsoring A Protégé – Remotely
Via Harvard Business Review: Companies that invest in junior talent are 70% more likely to capture new markets. Read More
Finding Creative Ways To Celebrate “Quarantine Birthdays”
Via The Cultural Story-Weaver: Celebrating a birthday during quarantine requires creativity and out-of-the-box ideas. At our house, we celebrated three pandemic birthdays in a row! Read More
DATA PRIVACY + GDPR
California Begins Enforcing Digital Privacy Law, Despite Calls For Delay
Via The Washington Post: The California privacy law took effect in January, but the attorney general had to wait until July to enforce it. Read More
COVID-19 Business Impact: Six Data Protection Steps From The ICO
Via JD Supra: The six “data protection steps” that the Information Commissioner’s Office (“ICO”) has set out in its recently issued guidance for employers to consider in relation to the use of the personal information of employees and others. Read More
More “Harmonization” Needed In GDPR Efforts
Via Compliance Week: The European Commission believes the General Data Protection Regulation is an “overall success” but points to harmonization among member states as an area for improvement. Read More
EU Privacy Watchdog Unveils Four-Year Data Protection Strategy
Via Bloomberg: A European Union data protection official announced a four-year strategy Tuesday that includes stronger enforcement. Read More
ASIA PACIFIC
Why A Trade War With China Is A Bad Idea For India
Via Foreign Policy: New Delhi risks responding to a deadly border skirmish by making its economy more insular. Few things would benefit Beijing more. Read More
Requiem For Hong Kong
Via China Law Blog: The wonderful example of a Chinese society reaching the pinnacles of development is fast eroding, and the sad reality is that from Beijing to Xinjiang to Tibet to Hong Kong there is now one system – of repression. Read More
China Appears To Have Tamed A Second Wave Of Coronavirus
Via Time: On Wednesday, Beijing reported just one new confirmed case following an aggressive campaign of testing. Read More
Japan Is Figuring Out How To Deliver Goods Untouched by Humans
Via Bloomberg: Getting products from one place to another with as little human contact as possible is becoming an imperative for businesses as retailers, warehouses and transport providers adapt to the coronavirus pandemic. Read More
EUROPE + UK
Europe Faces Difficult Issues As Germany Becomes EU President
Via VOA Learning English: Europe faces big economic, trade and public health issues as Germany takes over the presidency of the Council of the European Union. Read More
Deal Or No Deal, We’ll Be Leaving The EU In December
Via The Telegraph: With the deadline for the UK to ask for an extension transition gone, Britain shows it means business. Read More
EU Sets New List Of Approved Travel Partners. The US Isn’t On It
Via NPR: The European Union won’t allow US travelers when it begins opening its external borders this week. It will admit foreigners from only 15 countries – including South Korea and, with a caveat, China. Read More
Macron And Merkel: How France and Germany Are At Odds Over EU supremacy
Via The Express: Emmanuel Marcon and Angela Merkel are two of Europe’s most influential leaders – but this hasn’t prevented France and Germany clashing over the appointment of EU figures. Read More
NORTH AMERICA
Canada Extends Coronavirus Travel Ban On Most Foreign Travelers
Via Forbes: The Canadian government announced that it will extend its coronavirus travel ban for foreign nationals. Read More
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Proposed Bill Could Provide Second Paycheck Protection Program (PPP) Loans To Certain Small US Businesses
Via Chugh: New proposed legislation may allow business owners in the United States to take out a second Paycheck Protection Program (PPP) loan. The Prioritized Paycheck Protection Program (P4) Act is geared toward businesses with 100 or fewer employees who have used up or will soon finish the funds from their first PPP. Read More
Mexican And US Presidents Plan A “Frenemies” Get-Together
Via The Economist: History will record the Mexican-American summit to take place on July 8th – 9th as one of the odder ones. It will be a rare face-to-face meeting in the covid-19 era, bringing together leaders who are notably reluctant to promote social distancing. Read More
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