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Australian media law raises questions about 'pay for clicks' – Yahoo Canada Finance

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Bloomberg

Big Freeze in Texas Is Becoming a Global Oil Market Crisis

(Bloomberg) — What began as a power issue for a handful of U.S. states is rippling into a shock for the world’s oil market.More than 4 million barrels a day of output — almost 40% of the nation’s crude production — is now offline, according to traders and executives. One of the world’s biggest oil refining centers has seen output drastically cut back. The waterways that help U.S. oil flow to the rest of the world have been disrupted for much of the week.“The market is underestimating the amount of oil production lost in Texas due to the bad weather,” said Ben Luckock, co-head of oil trading at commodity giant Trafigura Group.Brent crude surged above $65 a barrel on Thursday, a level not seen since last January. Spreads indicating supply tightness also soared. Ten months ago, the price slumped below $16 because of a demand shock caused by Covid-19.In the past, the weather-related disruption would largely have been a U.S. issue. Now it’s unmistakably global. Crude markets in Europe are rallying as traders replace lost U.S. exports. OPEC and its allies must decide how much longer they keep millions of barrels of their supply off the market.Estimates for how long the outages may last have gotten progressively longer in recent days as analysts try to figure out the timespan involved in thawing out infrastructure, especially in those areas where freezing weather isn’t the norm.Higher EstimatesAt first, traders and consultants expected a hit to U.S. production that would last between two and three days. Now it’s looking unlikely that things will start to recover much before the weekend, and a full resumption could take weeks.That means ever more barrels are being removed from the global market. Citigroup Inc. said it expects a production loss of 16 million barrels through early March, but some trader estimates are now almost double that. Vast swaths of production in the Permian — the heartland of U.S. shale output — have been shut in.The result has been a surge in the value of crude barrels in other parts of the world. North Sea traders have been frantically bidding for the region’s cargoes this week as replacements are sought for U.S. crude exports. As Europe’s supplies have gotten more expensive, Asian buyers have been snapping up Middle Eastern shipments at higher premiums.And though headline crude futures are at their highest level in over a year, they’re yet to rip higher because the loss of refining capacity is equally acute. The country’s largest plant has closed, and at least 3 million barrels a day of processing got taken offline. Traders are rushing to send millions of barrels of diesel across the Atlantic to the U.S., a potential boon for Europe’s downtrodden refining industry.Gasoline Machine“The Gulf Coast is a gasoline machine and sends products across the U.S. as well as international markets,” said Kitt Haines, an analyst at consultant Energy Aspects. “For a brief period at least, this could help European refining.”The result is going to mean a mixed picture for U.S. inventories in the coming weeks. While gasoline production has been hit by the spate of refinery outages, there are also far fewer drivers on the roads than normal. Stockpiles of heating fuels like propane and diesel — for which demand was already soaring before this week’s weather — are set to fall sharply.All of which leaves Saudi Arabia and its allies in the Organization of Petroleum Exporting Countries keenly watching the forecast for Texas’s weather.April DecisionThe group is yet to decide on its output plans for April, but OPEC’s largest producer surprised oil markets earlier in the year by cutting an extra million barrels a day of supply in February and March. That leaves spare capacity on the sidelines at a time when the market is clamoring for extra barrels.“The market is turning into a wild animal for OPEC+ to control,” said Gary Ross, a veteran oil consultant turned hedge fund manager at Black Gold Investors LLC. “The weather is having an unbelievable impact on global supply and demand.”A thaw is coming, though. On Friday, temperatures in Midland — the de facto capital of shale production — will reach 45 Fahrenheit (7 degrees Celsius). That will rise to 56 Fahrenheit on Saturday, allowing crude production to restart. On Monday, Midland hit -2 Fahrenheit, its lowest temperature in more than 30 years.For the time being, the great unknown remains how long output — and the rest of the region’s oil infrastructure — will take to recover in full.“Evidence from the last great Permian freeze off is that it can come back very quickly,” said Paul Horsnell, head of commodities research at Standard Chartered Plc. “But refineries are more likely to be prone to prolonged damage.”(Updates oil price in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

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How Indigenous social media influencers inspired podcast host on journey of self-discovery – CBC.ca

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Inuk throat singer Shina Novalinga has eight million views and counting of a TikTok video showing her casually snacking on raw caribou.

Cree hoop dancer James Jones has racked up over four million for a clip of himself performing to traditional tunes in his living room. 

And who can forget the TikTok video of Nathan Apodaca skateboarding to Fleetwood Mac tunes that was now been watched almost 80 million times?

Indigenous influencers are here. They have made a space for themselves on social media and are using it to showcase their talents and cultures, bridge societal divides, and spotlight Indigenous art, humour and ways of life.

Jeremy Ratt, host of the CBC podcast Pieces, says his journey toward understanding his Indigenous identity, which is charted in the podcast, was made easier by the contributions Indigenous influencers are making online.

“It was a really essential step because it established that I wasn’t alone in my problems, I wasn’t alone in not feeling Indigenous enough due to those external voices,” said 20-year-old Ratt, speaking on CBC’s The Early Edition about his podcast.

‘Amplify our voices’

Sherry McKay, an Oji-Cree TikTok influencer in Winnipeg, told Ratt that while she uses her platform to educate and make people laugh, it also helps her assert herself as an Indigenous person.

“It’s kind of like walking in two worlds,” she said. “Trying to maintain your identity as an Indigenous person and then also acknowledging that you are white passing or light skin.”

McKay says Indigenous people don’t want their stories to be told by non-Indigenous people anymore.

Instead, “we want them to amplify our voices,” she told Ratt.

Sherry McKay, who is from Sagkeeng First Nation and lives in Winnipeg, has amassed almost 400,000 followers on TikTok. (Submitted by Sherry McKay)

Those voices have long been muted and misrepresented by mainstream media, says Candis Callison, an associate journalism professor at the University of British Columbia.

She says social media has given Indigenous people their narrative back. 

“The ways in which they use these platforms to hold mainstream media accountable is really a game-changer,” said Callison, who is Tahltan.

Definition of ‘influencer’

Shayla Oulette Stonechild, who is Plains Cree and an Aboriginal Peoples Television Network host, has an Instagram account with over 40,000 followers. She said she never thought of herself as an influencer until someone threw the term her way.

“Because really, what an influencer is is showing people another way of life and influencing people to maybe make changes or to bring awareness to issues that people may not know about,” she said.

Stonechild says her content ideas often come to her through ceremony, meditation and yoga practice.

“Then I know it’s coming through spirit and not intellect,” she said.

Ratt told The Early Edition that Stonechild’s content resonated with him because there is a spiritual element to Pieces as well.

“The biggest part of Pieces was really connecting with my family … and being connected more to my culture and my Indigenous side,” he said. “It was such a powerful thing for me to really take in because it’s led to some of the most transformative moments in my journey.”

The impact Indigenous influencers have had on Ratt’s journey to better understand his Woods-Cree roots have inspired him to start his own TikTok account.

“Making art and creating content online has always interested me since I was a kid,” he said. “I’m not sure what I’ll do on TikTok yet, but my conversations with Sherry and company have made me want to take those first steps.”

Pieces is a five-part CBC podcast that explores what it means to be Indigenous. Join 19-year-old Jeremy Ratt on a journey of self discovery as he seeks to understand his roots and all of the distinct “pieces” that form who he is today.

You can subscribe now wherever you get your podcasts. 

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How Indigenous social media influencers inspired podcast host on journey of self-discovery – CBC.ca

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Inuk throat singer Shina Novalinga has eight million views and counting of a TikTok video showing her casually snacking on raw caribou.

Cree hoop dancer James Jones has racked up over four million for a clip of himself performing to traditional tunes in his living room. 

And who can forget the TikTok video of Nathan Apodaca skateboarding to Fleetwood Mac tunes that was now been watched almost 80 million times?

Indigenous influencers are here. They have made a space for themselves on social media and are using it to showcase their talents and cultures, bridge societal divides, and spotlight Indigenous art, humour and ways of life.

Jeremy Ratt, host of the CBC podcast Pieces, says his journey toward understanding his Indigenous identity, which is charted in the podcast, was made easier by the contributions Indigenous influencers are making online.

“It was a really essential step because it established that I wasn’t alone in my problems, I wasn’t alone in not feeling Indigenous enough due to those external voices,” said 19-year-old Ratt, speaking on CBC’s The Early Edition about his podcast.

‘Amplify our voices’

Sherry McKay, an Oji-Cree TikTok influencer in Winnipeg, told Ratt that while she uses her platform to educate and make people laugh, it also helps her assert herself as an Indigenous person.

“It’s kind of like walking in two worlds,” she said. “Trying to maintain your identity as an Indigenous person and then also acknowledging that you are white passing or light skin.”

McKay says Indigenous people don’t want their stories to be told by non-Indigenous people anymore.

Instead, “we want them to amplify our voices,” she told Ratt.

Sherry McKay, who is from Sagkeeng First Nation and lives in Winnipeg, has amassed almost 400,000 followers on TikTok. (Submitted by Sherry McKay)

Those voices have long been muted and misrepresented by mainstream media, says Candis Callison, an associate journalism professor at the University of British Columbia.

She says social media has given Indigenous people their narrative back. 

“The ways in which they use these platforms to hold mainstream media accountable is really a game-changer,” said Callison, who is Tahltan.

Definition of ‘influencer’

Shayla Oulette Stonechild, who is Plains Cree and an Aboriginal Peoples Television Network host, has an Instagram account with over 40,000 followers. She said she never thought of herself as an influencer until someone threw the term her way.

“Because really, what an influencer is is showing people another way of life and influencing people to maybe make changes or to bring awareness to issues that people may not know about,” she said.

Stonechild says her content ideas often come to her through ceremony, meditation and yoga practice.

“Then I know it’s coming through spirit and not intellect,” she said.

Ratt told The Early Edition that Stonechild’s content resonated with him because there is a spiritual element to Pieces as well.

“The biggest part of Pieces was really connecting with my family … and being connected more to my culture and my Indigenous side,” he said. “It was such a powerful thing for me to really take in because it’s led to some of the most transformative moments in my journey.”

The impact Indigenous influencers have had on Ratt’s journey to better understand his Woods-Cree roots have inspired him to start his own TikTok account.

“Making art and creating content online has always interested me since I was a kid,” he said. “I’m not sure what I’ll do on TikTok yet, but my conversations with Sherry and company have made me want to take those first steps.”

Pieces is a five-part CBC podcast that explores what it means to be Indigenous. Join 19-year-old Jeremy Ratt on a journey of self discovery as he seeks to understand his roots and all of the distinct “pieces” that form who he is today.

You can subscribe now wherever you get your podcasts. 

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India to regulate social media, OTT & digital news platforms – Yahoo Movies Canada

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The Indian government on Thursday released new rules to regulate social media companies, OTT streaming services, digital news outlets, among others in a bid to introduce a major change in legislation to assert more control over powerful Big Tech firms, and warned that ‘double standards of social media will not be acceptable’.

The government’s warning went out to all social media platforms operating in the country.

Addressing a press conference, Union Information Technology Ravi Shankar Prasad detailed some of the strict oversight mechanism for social media companies, including a robust grievance mechanism besides measures for speedy redressal.

Concerns have been raised about rampant abuse of social media platforms, spread of fake news, said Ravi Shankar Prasad, adding that social media intermediaries have to appoint grievance officer, who shall registered complaints in 24 hours.

Content involving nudity, morphed pictures of women have to be removed in 24 hours. A grievance redressal official must be resident in India and monthly compliance reports have to be filed by social media platforms, said Prasad.

Social media platforms on being asked by court or government will be required to disclose the first originator of the mischief information, he added.

Union Minister for Information and Broadcasting Prakash Javadekar Prakash Javadekar then spoke about the new rules concerning OTT platforms operating in the country.

Highlighting the misuse of social media in the country, Ravi Shankar Prasad said that the government wants social media platforms operating in the country to introduce a mechanism for better verification of users. Prasad said that the “significant social media” rules need to be implemented within three months.

“Social media platforms upon being asked either by a court order or a govt authority will be required to disclose the first originator of mischievous tweet or message as the case may be,” Prasad said.

“Double standards of social media will not be acceptable,” Ravi Shankar Prasad added during his speech.

Under the new Information Technology (Guidelines for Intermediaries and Digital Media Ethics Code) Rules, 2021, the government plans to mandate social media companies like Facebook and Twitter to erase contentious content as early as possible, but not later than 36 hours, after a government or legal order.

These companies must also provide information and help with investigations within 72 hours of a request from authorities, said the draft rules, a copy of which News18.com has reviewed. Further, if a post depicts an individual in any sexual act or conduct, then companies must disable or remove such content within a day of receiving a complaint, the rules added.

The latest draft rules – which would be legally enforceable – have been released weeks after the government’s dispute with Twitter after the social media giant ignored orders to remove content over farmers’ protests. The new guidelines will supercede the 2011 rules, and government sources said that since the changes are only in the rules, and not the IT Act, Parliament intervention will not be required.

For players like WhatsApp, which are end-to-end encrypted, this could mean they will be forced to break encryption in India in order to comply.

Guidelines for OTT platforms soon

The draft proposal also requires companies to appoint a chief compliance officer, another executive for coordinating on law enforcement, and a “grievance redressal officer” within 3 months from the date of publication of these rules. All must be resident Indian citizens.

A copy of the draft rules, set to be released by IT Minister Ravi Shankar Prasad and Information and Broadcasting Minister Prakash Javadekar, has been put out by the Internet Freedom Foundation (IFF).

The oversight mechanism will include a committee with representatives from the ministries of Defence, External Affairs, Home, I&B, Law, IT and Women and Child Development. This committee will have “suo motu powers” to call hearings on complaints of violation of the Code of Ethics if it wants. The committee can warn, censuring, admonish or reprimand violators, seek an apology besides other actions.

The rules would also apply across other digital and online media, the draft proposal said. “A publisher shall take into consideration India’s multi-racial and multi-religious context and exercise due caution and discretion when featuring the activities, beliefs, practices, or views of any racial or religious group,” the draft rules said.

Streaming regulation

While the new rules for social media and other digital platforms will be governed by the IT Ministry, the Information and Broadcasting Ministry will be the governing body for rules concerning streaming platforms. Referring to films and other entertainment, including web-based serials, the draft rules called for a “classification rating” to describe content and advise discretion.

The rules would also force streaming services like Netflix and Prime Video, who objected to an independent appellate body for hearing streaming complaints, to submit to the authority of an appeals body headed by a retired high court or Supreme Court justice. If this body believes that the content violates the law, it would be empowered to send the content to a government-controlled committee for blocking orders to be issued.

Streaming platforms such as Netflix and Amazon Prime have faced complaints in India for obscenity. Police in Uttar Pradesh questioned an Amazon executive for nearly four hours on Tuesday over allegations that a political drama, “Tandav”, hurt religious sentiments and caused public anger.

The Indian Express reported that the rules also made a distinction between a significant social media intermediary and a regular social media intermediary. The government is yet to define the user size to determine who will constitute as a significant social media intermediary.

The government says it is empowering the users of social media and other intermediaries. It wants companies to have a chief compliance officer for significant social media companies as well. The rules call for social media companies to publish a monthly compliance report as well.

‘First originator’ of a message

The rules also call for tracking of the ‘first originator’ of a message. The government says while it is not interested in the content, they are interested to know who started the ‘mischief’. It wants social media platforms to disclose the first originator of the mischievous tweet or message as the case maybe.

This will be required in matters related to security and sovereignty of India, public order, or with regard to rape or any other sexually explicit material.

OTT content platforms

The government has called for a grievance redressal system for OTT platforms and digital portals as well. The government is also asking OTT platforms to self regulate and wants a mechanism for addressing any grievances.

While films have a censor board, OTT platforms will require to self-classify their movies and content based on age. There has to be a mechanism of parental lock and ensuring compliance with the same. Platforms like Netflix already have an option for parental lock.

News media

“Social media is welcome to do business in India. They have done exceedingly well. They have got a good number of users. They have also empowered Indians. We commend this,” Prasad stated.

The 30-page document, titled Information Technology (Guidelines for Intermediaries and Digital Media Ethics Code) Rules, 2021, guidelines define social media companies, suggest a three-tier mechanism for regulation of all online media, define the process for tracing the first originator, and confer blocking powers to an inter-ministerial committee.

With respect to regulation of news media, several concerns abound. The purview of the Information Technology Act, 2000 does not extend to news media, and so the guidelines do not have the legislative backing to regulate news media.

The draft contains a three-tier regulatory mechanism, according to a Hindustan Times report. The first tier of the regulatory mechanism is grievance redressal by the company itself; the second level involves a Press Council of India-like regulatory body that will be headed by a retired judge of a high court or the Supreme Court.

With inputs from News18, Indian Express, India Today, PTI and ANI.

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