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SUNS # 8932 Tuesday 25 June 2019

Finance : Opportunities and risks from Big Tech's entry into finance   (Chakravarthi Raghavan, Geneva) (PRIV)
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The entry of large technology firms such as Alibaba, Amazon, Facebook, Google and Tencent into financial services, including payments, savings and credit, could make the sector more efficient and increase access to these services, but also introduces new risks, according to the Bank for International Settlements (BIS).

Trade : Concerns over US push to bring TTP rules into digital trade deal   (D. Ravi Kanth, Geneva) (PRIV)
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The United States and its allies in the former Trans-Pacific Partnership (TPP) agreement dominated the discussions in plurilateral talks on digital trade last week, reinforcing the fears that the proposed plurilateral deal would largely contain the TPP commitments, trade envoys told the SUNS.

Climate : Developed countries push for changes to Adaptation Fund   (TWN, Bonn) (PRIV)
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Discussions over the composition of the Adaptation Fund (AF) Board and eligibility of Parties to the Board have become contentious at the ongoing climate talks in Bonn, Germany.

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