Russia’s Gold Reserves Climb to $207.7B — A Shift in Global Strategy?
Russia’s central bank reported a record high of $207.7 billion in gold reserves for October. Gold’s share in Russia’s total international reserves rose from 31.5% in September to 32.9%, the highest level since November 1999, when it reached 34%. Historically, the gold proportion peaked at 56.9% on Jan. 1, 1993, and dropped to a low […] Powered by...
Per-Song or Per-Album? Record Labels Challenge Court’s Piracy Damages Ruling
In late 2022, several of the world’s largest music companies including UMG, Warner and Sony Music prevailed in their lawsuit against Internet provider Grande Communications. The record labels accused the Astound-owned ISP of not doing enough to stop pirating subscribers. Specifically, they alleged that the company failed to terminate repeat infringers. The trial lasted more than two weeks and ended in a resounding victory for the...
DAZN’s Piracy Shield ‘Smart TV’ Block Revoked After IPTV Portal Complaint
While judicial oversight may be initially unavoidable when site-blocking is first introduced to a country, systems with less friction are strongly preferred. The law that supports Italy’s Piracy Shield system allows for blocking with no judicial oversight. An amendment passed quietly last year now allows rightsholders to block online resources without any input from telecoms regulator AGCOM. The system has almost no friction at the...
