G20 Action Plan expression of collective commitment to fight COVID-19: FM Nirmala Sitharaman

Participating in the third Meeting of G20 Finance Ministers and Central Bank Governors via video conference, Sitharaman shared with G-20 India’s success in using technology-based financial inclusion to make contactless transfers of USD 10 billion to 420 million bank accounts.

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The Goya boycott isn’t an example of cancel culture—it’s the free market at work

In the past couple of weeks, Hispanics have found themselves in the spotlight, starting with the visit of the President of Mexico, Andrés Manuel López Obrador, and President Trump’s promise to sign an executive order to provide Dreamers with a path for citizenship. Then came the controversial Hispanic Prosperity Initiative ceremony. The content of this initiative, which seeks to bolster education and economic opportunities for Hispanic Americans, was overshadowed by the hullabaloo caused by the statements of Robert Unanue, the CEO of Goya, as one of the ceremony’s speakers.

After Unanue said we were all “truly blessed…to have a leader like President Trump,” social media erupted with negative reactions. Perhaps you have encountered trending hashtags such as #Goyaway or #BoycottGoya, accompanied by pictures of Goya products in the trash, along with oaths to never buy these products again. 

This call for action has been labeled by … Read the rest

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2% equalisation levy on non-resident e-commerce cos non-discriminatory: India to US

In a six-page written submission to the United States Trade Representative (USTR), India said the levy is applicable only for companies with annual revenues in excess of Rs 20 million (about USD 267,000), which is a low threshold aimed at exempting very small e-commerce operators globally.

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What to watch this weekend on Netflix, Hulu, and more

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Between traditional television, video-on-demand releases, and a growing number of streaming services, it can be hard to keep up with what one should watch week to week. Fortune is here to help you keep track of new releases as well as the occasional older title worth checking out. Take a look at this weekend’s notable arrivals, a couple you may have missed earlier in the week, and what else is coming soon:

Netflix

Netflix’s “Cursed” is a reimagining of the Arthurian legend, told through the eyes of Nimue, a teenage heroine with a mysterious gift who is destined to become the powerful (and tragic) Lady of the Lake.
Courtesy of Netflix

Cursed: This retelling of the Arthurian legend stars Katherine Langford as Nimue (also known as the … Read the rest

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What U.S. companies should consider following the bombshell EU Privacy Shield ruling

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If you’re an American company with European users or customers, and you transfer their personal data to the U.S. for company use, you need to be aware of what just went down at the EU’s top court today.

That’s because the Court of Justice (CJEU) just made a huge ruling. The upshot: it’s possible you will no longer be able to serve people in the EU—if not now, then in the not-too-distant future.

You can read our full story on that ruling separately, but here’s a quick run through the implications. And again, those implications could be immediate, depending on your circumstances.

Privacy Shield

U.S. companies using Europeans’ personal data need some sort of legal justification for doing so. That’s because the U.S. lacks an EU-strength … Read the rest

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