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Instagram Blog Broadening Horizons with Daria Shatalova. To learn more about Daria, follow @purshervil on Instagram. For more stories from the Russian community, follow @instagramrussia 05/27/2016 - 8:33 am | View Website
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The European Union reached an agreement Tuesday with some of the world's biggest social media firms, including Facebook and Twitter, on ways to combat the spread of hate speech online.
Under the terms of a code of conduct, the firms, which also include YouTube and Microsoft, have committed to "quickly and efficiently" tackle illegal hate speech directed against anyone over issues of race, color, religion, descent or national or ethnic origin.
Among the measures agreed with the EU's executive arm, the firms have said they will establish internal procedures and staff training to guarantee that a majority of illegal content is assessed and, where necessary, removed within 24 hours.
Nearly 40,000 striking Verizon employees will return to work Wednesday after reaching a tentative contract agreement that includes 1,300 new call center jobs and nearly 11 percent in raises over four years but also makes health care plan changes to save the company money, the company and unions said Monday.
Union members will vote on the deal after returning to work.
Besides the raises and new call center jobs, the tentative agreement includes $1,250 in signing bonuses and health care reimbursements for new workers, a 25 percent increase in the number of unionized crews maintaining Verizon's utility poles in New York state, and three 1 percent increases in pensions, which Verizon had proposed to freeze, the CWA said.
The deal also entails changes that Verizon says will save significant money, such as adopting Medicare Advantage plans — private health insurance contracted with the government-sponsored Medicare program — rather than costlier insurance.
Verizon said it had high health care costs for its unionized workers, a group that has shrunk as Verizon sold off large chunks of its wireline unit and focused on its mobile business, which was not unionized.
Consumer prices across the 19-country eurozone fell again in May but look set to rise in the months ahead due to the recent pick-up in oil prices — an outlook that means the European Central Bank will likely refrain from announcing more stimulus measures this week.
When energy costs are stripped out, alongside other typically volatile items such as food, tobacco and alcohol, the so-called core inflation rate was 0.8 percent in the year to May, slightly up from the previous month's rate of 0.7 percent.
"Unless oil prices drop back sharply, headline CPI inflation will undoubtedly climb over the coming months as negative energy effects finally fade," said Jonathan Loynes, chief European economist at Capital Economics.
"The downward trend in the jobless rate will likely persist in coming months, reflecting improving economic conditions around the monetary bloc, labor market reforms, and a strengthening industrial base in Spain, Portugal and Ireland," said Martin Janicko, economist at Moody's Analytics.
Market sentiment was relatively upbeat as investors found some solace in the latest economic data from Japan, which showed factory output and consumer spending data improved in April, though they remained weak.
Investors are also watching for the latest monthly manufacturing index for China, due Wednesday, and an OPEC meeting Thursday as they seek to gauge the world economic outlook.
ANALYST'S INSIGHT: "The focus will be on U.
Ernst & Young was running the process, which is only the second such bitcoin auction in the world after the U. S. Marshals Service sold 144,000 bitcoins over a two-year period that had been confiscated from Ross Ulbricht, who founded the online drug bazaar Silk Road, the accountancy firm's transaction partner Adam Nikitins said.
The Victoria state government has confirmed that is had seized about 24,500 bitcoins in late 2013 from a Melbourne drug dealer.
Bitcoin is a digital currency that allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties.