Russia fine Google 20 percent annual turnover banned content - Russian media regulator Roskomnadzor stated it might are seeking for to great American tech large Google for repeatedly failing to do away with content material deemed unlawful as soon as this week. The pleasant will quantity to 5-20% of Google’s Russian turnover.
The watchdog highlighted Google had did not pay $458,a hundred (32.5 million rubles) in consequences levied earlier this 12 months. The latest satisfactory can be as lots as $240 million, marking a big increase from the preceding penalty.
Earlier this month, Roskomnadzor announced plans to ask a court docket to impose a turnover pleasant on social media firm Facebook, mentioning regulation signed with the aid of Russian President Vladimir Putin in December 2020. Facebook became accused of allowing content glamorizing drug use, infant pornography, and extremism.
Russia fine Google 20 percent annual turnover banned content
“A similar case can be put together in October in opposition to Google,” the regulator stated in emailed feedback to Reuters, noting that the California-based totally enterprise also owned video-hosting site YouTube.
Last 12 months, Google’s turnover in Russia totaled eighty five.5 billion rubles ($1.2 billion), consistent with the SPARK commercial enterprise database, mentioned through the media. Thus, a 5-20% excellent might quantity to among 4.3 and 17.1 billion rubles ($60 million-240 million).
Russia fine Google 20 percent annual turnover banned content
Google is currently dealing with a court docket ruling annoying the firm unblock the YouTube account of a sanctioned Russian businessman or face a compounding great on its average turnover that might double every week, and force Google out of commercial enterprise in Russia within months.
Popular feedback included: " Noydb: While I help each state's right to define what's prison and illegal speech, this creates a problem for any internet site on the net. There are over 120 nations inside the global. Some forms of content are prison in a few international locations while unlawful in others. It would make extra sense for every u . S . A . To dam illegal content than to assume internet site proprietors to dance to the laws of all 120 international locations."
Russia fine Google 20 percent annual turnover banned content
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Russia will preserve to ditch US dollar in financial system & trade – legitimate
The Russian authorities is making plans to maintain its mounted policy of doing away with the percentage of US currency inside the united states of america’s economy, in line with Deputy Minister of Foreign Affairs Alexander Pankin.
According to the minister, all transactions processed via america financial device can be blocked by using Washington at its discretion, even as the risk of anti-Russian sanctions is still applicable.
“Thus, there's no doubt about the expediency of persevering with to paintings on in addition lowering the percentage of the dollar in countrywide and global reserves, in addition to its use in settlements with overseas partners,” he said, as quoted through Interfax.
The reliable introduced that, in the long run, the US dollar could get replaced by means of other foreign currencies and digital property. However, he admitted that disposing of the greenback is related to “sure prices for agencies and government financial transactions.”
Earlier, Kremlin spokesman Dmitry Peskov stated Russia’s de-dollarization pressure is a constant technique that is additionally taking region in lots of different nations. According to Peskov, the main reason for this is deep worries over the reliability of the United States greenback as the sector’s top reserve forex.