Stephen Loynd Profile picture
Jun 26 13 tweets 8 min read
"Across #China, the police are buying technology that harnesses vast #surveillance data to predict #crime and #protest before they happen."

nytimes.com/2022/06/25/tec… #Panopticon #Bentham #startups
1/ "The latest generation of technology digs through the vast amounts of data collected on their daily activities to find patterns and aberrations, promising to predict crimes or protests before they happen."
2/ "It takes extensive evasive maneuvers to avoid the digital tripwires."
3/ "For the government, #socialstability is paramount and any threat to it must be eliminated. During his decade as China’s top leader, #XiJinping has hardened and centralized the #securitystate...."
4/ "... unleashing #technoauthoritarian policies to quell ethnic #unrest in the western region of #Xinjiang and enforce some of the world’s most severe coronavirus lockdowns. The space for #dissent, always limited, is rapidly disappearing."
5/ "The new approach to surveillance is partly based on data-driven policing software from the United States and Europe...."
6/ "Often people don’t know they’re being watched. The police face little outside scrutiny of the effectiveness of the technology or the actions they prompt. The Chinese authorities require no #warrants to collect #personalinformation."
7/ "At the most bleeding edge, the systems raise perennial #sciencefiction conundrums: How is it possible to know the #future has been accurately #predicted if the police intervene before it happens?"
8/ "In 2017, one of China’s best-known #entrepreneurs had a bold vision for the future: a computr systm that could #predict crimes.

...#YinQi, who founded #Megvii, an #AI #startup, told Chinese state media... the surveillnce systm could give the police a search engine for crime"
9/ "Similar technologies are already being put into use. In 2022, the police in #Tianjin bought software made by a Megvii competitor, #Hikvision, that aims to predict protests."
10/ "The authorities decide who goes on the lists, and there is often no process to notify people when they do. Once individuals are in a #database, they are rarely removed, said experts, who worried that the new technologies reinforce disparities...."
11/ "The technology has encoded power imbalances. Some bidding documents refer to a 'red list' of people whom the surveillance system must ignore."
12/ "One national procurement document said the function was for 'people who need #privacy protection or V.I.P. protection.' Another, from #Guangdong Province, got more specific, stipulating that the red list was for government officials."

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More from @loyndsview

Jun 27
"Russia defaulted on its foreign debt for the first time since 1918, pushed into delinquency not for lack of money but because of punishing Western sanctions over its invasion of Ukraine."

wsj.com/articles/sanct…
1/ "Russia missed payments on two foreign-currency #bonds as of late Sunday, according to holders of the bonds. The day marks the expiration of a 30-day grace period since the country was due to pay the equivalent of $100 million in dollars and euros to #bondholders."
2/ "Russia last failed to pay its foreign borrowing during the #BolshevikRevolution when #VladimirLenin, the newly installed communist leader, repudiated the debt of the Russian Empire."
Read 6 tweets
Jun 27
"... it points to an important lesson for the United States as it vies with #China for influence across the Pacific: you have got to show up. And the United States has not."

nytimes.com/2022/06/27/opi… #SolomonIslands #diplomacy
1/ "We get it. The #SolomonIslands is small, remote and economically insignificant. But if all countries like us are dismissed as such, China will pick us off one by one with its promises of business projects and development aid."
2/ "There is a creeping sense today that we are being ignored, if not forgotten. So who can blame us if we open the door to new friends who can help with our needs?

And those needs are great."
Read 7 tweets
Jun 26
"The killings last Monday, which led Pope Francis, himself a Jesuit, to bemoan #Mexico’s unrelenting violence, underscore how Mexican #organizedcrime groups rule over huge swaths of the country’s territory."

wsj.com/articles/killi…
1/ "Last year, U.S. Northern Command chief Gen. Glen VanHerck told a congressional committee that about one-third of Mexico’s territory is effectively run by organized crime groups. Mexico’s government denied the claim."
2/ "The two #Jesuits, Joaquín Mora, 80, and Javier Campos, 79, were killed inside their church, said Roberto Fierro, the attorney general of northern #Chihuahua state, where the killings occurred. Chihuahua is one of Mexico’s most violent states."
Read 13 tweets
Jun 26
"It’s too soon to say whether #climatechange is directly to blame for causing severe #heatwaves in these four powerhouse economies — which also happen to be the top emitters of heat-trapping gases — at roughly the same time, just days into summer."

nytimes.com/2022/06/24/cli…
1/ "While #globalwarming is making extreme heat more common worldwide, deeper analysis is required to tell scientists whether specific weather events were made more likely or more intense because of human-induced warming."
2/ "(A team of researchers who studied this spring’s devastating heat in #India found that climate change had made it 30 times as likely to occur.)"
Read 8 tweets
Jun 24
“'Every piece of real estate in #Bangladesh is populated, and this entire area is underwater,' said Sheldon Yett, the United Nations Children’s Fund representative to the country, referring to the northeast."

nytimes.com/2022/06/24/wor… #Sylhet #FinnegansWake
1/ "But this year, the #rains have been especially intense, a harsh reminder that #climatechange is bringing more extreme weather around the world."
2/ "In #China, where recent #flooding has displaced hundreds of thousands of people, the state-run news media reported this week that water levels had surged beyond flood levels in more than a hundred #rivers."
Read 9 tweets
Apr 24, 2021
"In a 2011 Times Op-Ed, Warren #Buffett decried the treatment of #carriedinterest, which allowed him to report a lower tax rate than his secretary. A minimum tax on millionaires was proposed shortly thereafter & dubbed the '#BuffettRule.'”

nytimes.com/2021/04/23/bus… #PrivateEquity
1. "The #carriedinterestloophole might finally disappear. Profits earned from funds owned by real estate investors & mgrs of #privateequity & #venturecapital firms are taxed as #capitalgains at about 20%, instead of as regular income, which is taxed at more than double that rate"
2. "#Privateequity executives are also worried that the Biden administration may limit the tax deductibility of corporate interest payments, which would be another hit to their business model."
Read 4 tweets

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