Facebook is under increasing pressure to explain how data collected on 50m users were exploited for political gain, following claims that data firm Cambridge Analytica used the leaked information to help Donald Trump win the US presidency. Source: Financial Times
Global debt hit its highest levels ever and governments should take actions to reduce their indebtedness while the going is still good, the International Monetary Fund said. Source: CNBC
A top Greek court ruled on Wednesday (18 April) that migrants landing on Greek islands should no longer be held there while asylum claims are assessed, a decision raising alarm among EU officials in Brussels. Source: Euractiv
Talks between Exxon Mobil (XOM.N) and Iraq on a multi-billion-dollar infrastructure contract have reached an impasse, Iraqi officials and two industry sources said, in a potential setback to the oil major’s ambitions to expand in the country. Source: Reuters
