Day: April 14, 2018

Pence Says NAFTA Deal Possible in Several Weeks

U.S. Vice President Mike Pence said Saturday that he was leaving a summit of Latin American countries in Peru very hopeful that the United States, Mexico and Canada were close to a deal on a renegotiated NAFTA trade pact.

Pence told reporters it was possible that a deal would be reached in the next several weeks.

The vice president also said that the topic of funding for U.S. President Donald Trump’s proposed wall on the U.S. border with Mexico did not come up in Pence’s meeting with Mexican President Enrique Pena Nieto.

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India’s Federal Police File Case Against Former UCO Bank Chairman

India’s federal police said Saturday that they had filed a case against a former chairman of state-run UCO Bank and several business executives alleging criminal conspiracy that caused a loss of 6.21 billion rupees ($95.17 million).

Police said officials at the bank had colluded with private infrastructure firm Era Engineering Infra Ltd. and investment banking firm Altius Finserve Pvt. Ltd. to siphon bank loans.

The Central Bureau of Investigation (CBI) said in a statement that Arun Kaul, the bank’s chairman from 2010 to 2015, had helped clear the loan.

Kaul did not respond to Reuters’ calls for comment. Era Engineering and Altius Finserve did not respond to calls outside regular business hours.

The case revealed yet another case of alleged bank fraud in India since February, when two jewelry groups were accused of using nearly

$2 billion of fraudulent bank guarantees in what has been dubbed the biggest fraud in India’s banking history.

That case put the banking sector under a cloud, with the CBI unearthing a string of other bank frauds since then.

In the UCO Bank case, it charged Kaul and several officials and accountants at the two companies with criminal conspiracy with intent to defraud the bank of about 6.21 billion rupees by diverting and siphoning loans, according to the

statement.

“The loan was not utilized for the sanctioned purpose and was secured by producing false end use certificates issued by the chartered accountant and by fabricating business data,” the CBI said.

The offices of the companies, accountants and the residences of the accused are being searched, the CBI said.

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Western Films about Russia – Reflection of History or Propaganda?

Two recent Western films on Russia, one a Hollywood spy thriller, the other an independent historical satire, depict the country’s dark political underbelly. How much of that portrayal is an exaggeration for entertainment’s sake and how much is a take from reality? Experts and filmmakers say it’s a little bit of both. VOA’s Penelope Poulou set out to find out.

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Oscar-Winning Director Milos Forman Dies

Milos Forman, the Czech-born movie director who found fame in Hollywood with the Oscar-winning classics One Flew Over the Cuckoo’s Nest and Amadeus has died at the age of 86, Czech news agency CTK reported Saturday.

Forman died Friday in the United States after a short illness, his wife, Martina, told CTK.

“His departure was calm and he was surrounded the whole time by his family and his closest friends,” she said.

Forman was born in the Czech town of Caslav on Feb. 18, 1932, but moved to the United States after the Communist crackdown on the “Prague Spring” uprising in 1968. He became a U.S. citizen in the 1970s.

One Flew Over the Cuckoo’s Nest, in which a psychiatric institution becomes a microcosm of the contemporary world, and Amadeus, the life of 18th-century composer Wolfgang Amadeus Mozart through the eyes of his rival Antonio Salieri, earned 13 Oscars between them, including those for best director to Forman.

His other notable work included the rock musical Hair in 1979, Ragtime in 1981 and The People vs Larry Flint in 1996, which was nominated for an Academy Award that year.

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Power Generator with Only One Moving Part

Rural communities in United States and elsewhere often use portable backup electricity generators in case of power outages. But these machines can be costly to run for longer times and require periodic attendance. A team from West Virginia University is developing a small, natural gas-powered generator that will be able to run for years. VOA’s George Putic reports.

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Philippines Investigating Facebook Over Data-Mining

More trouble may be ahead for Facebook as the Philippine government said it is investigating the social media giant over reports information from more than a million users in the Philippines was breached by British data firm Cambridge Analytica.

The Phliippines’ National Privacy Commission, or NPC, said it sent a letter to Facebook CEO Mark Zuckerberg to let him know the NPC is requiring that the company “submit a number of documents relevant to the case, to establish the scope and impact of the incident to Filipino data subjects.”

The privacy watchdog also said through its website it wants to determine whether there is unauthorized processing of personal data of Filipinos. The letter was dated April 11.

A Facebook spokesperson tells the Reuters news agency the company is committed to protecting people’s privacy and is engaged with the privacy watchdog.

During U.S. congressional hearings this past week, Zuckerberg apologized for how Facebook has handled the uproar over online privacy and revelations the data breach allowed Cambridge Analytica to access the personal information of about 87 million Facebook users.

As Zuckerberg sat through about 10 hours of questioning over two days, nearly 100 members of Congress expressed their anger over Facebook’s data privacy controversy and delved into the social media platform’s practices.

And many legislators made it clear they did not think current U.S. laws were sufficient to protect users.

“As has been noted by many people already, we’ve been relying on self-regulation in your industry for the most part,” said Diana DeGette, a Democrat from Colorado. “We’re trying to explore what we can do to prevent further breaches.”

For Congress, the hearings proved to be an education in how internet companies handle user data and the legal protections for consumers.

While Zuckerberg said many times that Facebook doesn’t sell user data, congressional leaders wanted to know how 87 million people’s data ended up in the hands of Cambridge Analytica without their knowledge or permission.

“I think what we’re getting to here is, who owns the virtual you? Who owns your presence online?” asked Marsha Blackburn, a Tennessee Republican.

“Congresswoman, I believe that everyone owns their own content online,” answered Zuckerberg.

Shadow profiles?

But can Facebook users see all the information that the social media platform has about them, including what it has picked up from outside firms?

That is something congressional leaders probed in questions about “shadow profiles,” information the social network has collected about people who do not have Facebook accounts.

Zuckerberg maintained that Facebook collects this information for security reasons but congressional leaders wanted to know more about what non-Facebook users can do to find out what the company knows about them.

New federal agency?

In the United States, the Federal Trade Commission has taken the lead in overseeing internet firms and is investigating Facebook in the Cambridge Analytica case. Congressional leaders, however, pointed out the FTC cannot make new rules. They asked whether the FTC should be given new powers, or whether a new agency focused on privacy in the digital age should be created.

“Would it be helpful if there was an entity clearly tasked with overseeing how consumer data is being collected, shared and used, and which could offer guidelines, at least guidelines for companies like yours to ensure your business practices are not in violation of the law?” Rep. Raul Ruiz (D-California), asked. “Something like a digital consumer protection agency?”

“Congressman, I think it’s an idea that deserves a lot of consideration,” Zuckerberg replied. “But I think the details on this really matter.”

During the two days of hearings, congressional leaders repeatedly looked to Europe, where new regulation known as the General Data Protection Regulation, or GDPR, governing people’s digital lives, goes into effect May 25. Zuckerberg said the regulation would apply to people in the U.S.

Zuckerberg said the company already has some of the new regulation’s privacy controls in place; but, the GDPR requires the company to do a few more things, “and we’re going to extend that to the world.”

A website dedicated to GDPR notes that organizations “in non-compliance may face heavy fines.”

Analysts note the controversy may lead to changes in how digital privacy issues are handled.

“We saw during these hearings that many, many members of Congress are ready and willing to get to work on privacy legislation,” said Natasha Duarte, a policy analyst at the Center for Democracy & Technology, an advocacy group focused on digital rights. “I think the details of what is the right legislation for the U.S. are very complex and we all need to come together and hammer it out.”

User privacy vs. monetized data

Ideas such as an outside auditor who will be checking on Facebook’s handling of user data will run into the business model of many internet firms that need data about people to offer them targeted ads.

“Monetizing data, for better or worse, is the model free services rely on,” she said.

That tension was on display in questions from Rep. Anna Eshoo, (D-California), who counts Zuckerberg among her Palo Alto constituents.

“Are you willing to change your business model in the interest of protecting individual privacy,” she asked.

In that instant, Zuckerberg demurred, saying he didn’t understand what the congresswoman meant, but acknowledged that there likely would be more internet regulation.

“The internet is growing in importance around the world and in people’s lives,” he said. “And I think it will be inevitable that there will need to be some regulation. So my position is not that there should be no regulation. But I think you have to be careful about the regulation you put in place.”

In light of the furor involving user data privacy, Facebook announced last month it was suspending Cambridge Analytica after finding such policies had been violated. Cambridge Analytica has counted U.S. President Donald Trump’s 2016 election campaign among its clients.

Separately, Philippine President Rodrigo Duterte has denied reports in the local media that his own 2016 election campaign worked with Cambridge Analytica. Duterte was quoted as saying, “I might have lost with them.”

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