Britain Unprepared for the New Data Protection Regulations Coming Soon

The EU is soon rolling out new rules on personal data, and research shows that fewer than 10% of small businesses in Britain are ready for these changes. Approximately 20% of companies don’t even know that the General Data Protection Regulation is on the way in the last few months, according to research by the Federation of Small Businesses. As explained in a recent article at the Financial Times,

“The FSB’s findings tally with European Commission concerns that small businesses across the EU are “surprised” GDPR is about to come into effect. To encourage compliance with the new regime, the FSB is calling on Britain’s information watchdog to introduce a “safe harbour” scheme to allow businesses to voluntarily report themselves if they know they are in breach of the rules.”

Learn more and get the full details here.

EU Trade Determinations

The EU has tough data protection standards and is ensuring that everyone in the bloc upholds those standards. This is a victory for those who have feared that privacy could be undermined with information. The EU has approved of new language that they expect everyone to incorporate into future trade pacts to create a priority of privacy at the expense of free trade. This is intended to make it clear that the EU’s right to personal privacy won’t dissipate during trade negotiations with non-EU countries.

Pact Between Japan and Three Former Soviet Republics

Japan’s prime minister Shinzo Abe said on Saturday that he has entered into an agreement with Estonia, Latvia and Lithuania. This agreement is intended to boost the economic and political ties with the three former Soviet republics. Japan sees the most trade potential with information technology, transportation and medicine.

Abe has been on a six-nation European tour that started in Estonia on Friday, then moved to Latvia and will include Lithuania, Bulgaria, Serbia and Romania. Read the whole story for more details.

Eastern European News

Pact Between Japan and Three Former Soviet Republics

Japan’s prime minister Shinzo Abe said on Saturday that he has entered into an agreement with Estonia, Latvia and Lithuania. This agreement is intended to boost the economic and political ties with the three former Soviet republics. Japan sees the most trade potential with information technology, transportation and medicine.

Abe has been on a six-nation European tour that started in Estonia on Friday, then moved to Latvia and will include Lithuania, Bulgaria, Serbia and Romania. Read the whole story for more details.

Should Ireland Make an Exit Soon Too?

This article is worth reading, as it argues that Ireland should exit, as England has done. As the author states, “Behind the charade of a “unified stance” on Brexit is a deeply divided EU with competing national agendas which have been whipped into a facile unanimity. The pressure not to break ranks is huge. In his acclaimed book Adults in the Room: My Battle With Europe’s Deep Establishment, former Greek minister for finance Yanis Varoufakis documents the devastating reality of such pressures.”

Read the entire piece to learn more.