Syz the moment

The European Union’s Digital Services Act (DSA), a tough new piece of regulation that imposes new rules around content moderation and online advertising, is about to expand to cover huge swathes of the internet. Starting February 17th, the rules will apply to every online platform with users in the EU, in addition to the 19 Very Large Online Platforms (VLOPs) and Very Large Online Search Engines (VLOSEs) that have had to comply with the rules since last August. The DSA’s obligations include a ban on targeting underage users with ads based on their personal data, and targeting anyone based on sensitive data like sexual preferences or religious beliefs. When it comes to content moderation, sites will have to provide a reason to users when their content or account has been moderated, and offer them a way of complaining and challenging the decision. There are also rules around giving users the ability to flag illegal goods and services found on a platform. source : theverge

Source: OECD

Thyssenkrupp's stocks have fallen by 62% over the past 5 years, while the competition, particularly from the US, has made strong gains. Source: Bloomberg, HolgerZ

If one really cared about climate, would one shut down nuclear or coal power plants first? Source: Michael A. Arouet

German industrial production fell for 7th consecutive month in December, the longest decline in the history of the data series. The 1.6% MoM decline came as a huge downside surprise. Source: Bloomberg, HolgerZ

Source: The Daily Shot

GERMANY DEC. FACTORY ORDERS RISE 2.7% Y/Y; EST. -5.3% - BBG *GERMANY DEC. FACTORY ORDERS RISE 8.9% M/M; EST. -0.2% That jump —defying a median economist estimate of a 0.2% decline — was thanks to major orders, without which there would have been a 2.2% drop , Destatis said. Source: Bloomberg, C.Barraud

Source: Robin Brooks