20230615 wwi

Eurozone recession
As reported by eurostat, euro countries' economy shrunk by .1% in last 6 months. Many would blame "supply of natural gas" or global instability.Typical excuses for poor management which never fixed the debt crisis of 2008 and "solved" any next problem with printing more money https://www.euronews.com/video/2023/06/08/europes-economy-enters-technical-recession-as-households-struggle-with-cost-of-living-cris

Ireland would pay €1.5 mln for migrants
Cabinet agreed to pay 1,5 mln euro to not take 350 refugee seekers. Amazing! US, Italy and France created havoc in Northern Africa 10 years ago and now Irish tax payers have to pay to fix it. https://www.breakingnews.ie/ireland/ministers-to-pay-out-1-5m-euro-instead-of-taking-in-350-more-refugees-1486650.html

SEC against Bitcoins
US SEC suing major crypo exchanges binance and coinbase. Glad to hear that. My deepest simpathies to all decentralized finance followers and those who believed that it's possible to run financial system independent of the state. Exchanges already do their best to comply, however SEC people don't think it's enough https://www.americanactionforum.org/insight/sec-launches-major-crypto-offensive-with-lawsuits-against-binance-and-coinbase/

Reddit goes dark
Reddit goes dark over management decision to start charging everyone for API usage. Popular 3rd party applications won't be able to provide free service anymore. In return reddit users decided to stop using reddit for a while. Those naive people think that they are important because they create content. But only important people for business are those who pay money. Also known as customers. https://www.theverge.com/2023/6/5/23749188/reddit-subreddit-private-protest-api-changes-apollo-charges

No energy cap for DCs in Ireland
Irish government is not going to put cap on data centers energy use. Smart decision. Civilization moves towards more energy use and more data processing. Capping data centers would be a step back. https://www.datacenterdynamics.com/en/news/ireland-isnt-going-to-limit-data-centers-despite-high-energy-use/