Media Navel Gaze: June 8, 2015
The Week Unpeeled
No doubt Caitlyn and Fifa dominated headlines and more last week (and more later) but one of the interesting themes in the media focused on cyber-security and otherwise, with one of the largest data breaches hitting federal-employee records (which allegedly originated in China). In addition and of major significant two more developments: The Obama administration signed into law legislation that would dramatically curtails federal surveillance of American phone records, and the NSA was given broader scope in surveillance of US internet traffic in an effort to uncover international hacking. Lot to think about and stories that forced editors to search for many Snowden headshots.
- Fifa Fo Bum: The federation is exposed amid alleged global scandals and its president, Sepp Blatter, steps down, putting the spotlight not just on soccer but the US attorney general
- "Call Me Caitlyn" breaks the Internet, stereotypes and the K factor and actually seemed a little overexposed and tired by end of week;
- Netflix continued its global reach adding more European countries to its roster of overseas viewers;
- Everyone seems to be streaming with Apple TV announcing the addition of ShowTime;
- US stocks ended lower for the week, with the Dow down nearly 1 percent to close at 17,849
- American Pharoah wins the Triple Crown, first since 1978; and
- Viagra for women is coming!
- Mexico held its mid-term elections on Sunday. Votes as of this moment are still being tallied.
- The Brazilian Development Bank (BNDES) is adjusting its lending program by offering friendlier interest rates, via the use of debentures, to companies who cross the R$1 billion revenue threshold.
- Chile's Central Bank lowered its 2015 GDP estimates by 25 basis points to a range of 2.25-3.25% while also lowering annual inflation estimates by 20 basis points to 3.4%.
- Paraguay reported Q1'15 GDP growth of 4.2%, citing the agricultural expansion, livestock, transportation and construction sectors as major catalysts.