From Headlines From Clear Law…

In today’s news, I bring to you the Top 5 news:

1. Baltic leaders urge Nato members to bring back conscription;

2. EU probes Apple, Meta and Alphabet under landmark new law;

3. Boeing CEO Dave Calhoun to step down as company battles safety concerns and Boeing’s next CEO will have “Massive Job” at company in crisis

4. UK regulator warns “Finfluencers” to adhere to advertising rules; and

5. Industry, Investors and politicians watch nervously as China stockpiles copper

and much more to stay tuned for.

Detailed Report for the Day consists of:

Baltic leaders urge Nato members to bring back conscription

With the threat of Russia, the presidents of Estonia and Latvia have said that they think that NATO countries should do more to prepare for a potential attack from Russia by introducing things like conscription and imposing a special defence tax that would provide a significant boost to spending. “Nobody wants to see Ukraine happening here.”

This means: that with the introduction of conscription, at least if these countries are invaded, they will be able to defend themselves with stronger ground troops.

EU probes Apple, Meta and Alphabet under landmark new law

EU has now launched investigations into Apple, Meta and Alphabet over whether Apple and Alphabet-owned Google are unfairly prioritising their app stores to the detriment of rivals and whether Meta is getting an unfair advantage in advertising by using personal data.

This means: that is the companies are found breaching the Act, they could be fined up to 10% of their global turnover.

Boeing CEO to step down and the Next CEO will have a ‘Massive Job’ at the company in crisis

Calhoun will have to step down at the end of the year while the chairman and head of the commercial aeroplane division will also depart at various points over the year.

This means: that the next CEO needs to get a lot of work done to put the company back into a normal operational position.

UK regulator warns “Finfluencers” to adhere to advertising rules

FCA announced new guidance yesterday for social influencers who promote financial products and services without proper approval or authorisation. If they flout the rules, they could be committing a criminal offence that could be punishable by up to two years in prison, an unlimited fine, or both.

This means: that 62% of 18 - 29-year-olds follow social media financial influencers and it’s important to hold them accountable to the guidance. It applies to all companies that advertise to British customers.

Industry, Investors and Politicians watch nervously as China stockpiles copper

The metal is often seen as a barometer of the health of the world economy as it is used in so many things that touch our lives, so the fact that its price is risen by 10% over the last six months would suggest that things are improving. however, some day this might be a matter of concern as China might be stockpiling the metal. Stockpiles have shot up from 30,905 tonnes at the end of December to 285,090 tonnes by the end of February.

This means: that the transition to a greener economy requires copper. It’s used in EVs, wires that carry electricity and solar panels - and in many cases, there is no substitute for it! If China is stockpiling them, it controls the West’s transition to greener energy.

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