No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, July 17, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Europe No Longer Trusts America With Its Data

by TheAdviserMagazine
2 months ago
in Economy
Reading Time: 3 mins read
A A
Europe No Longer Trusts America With Its Data
Share on FacebookShare on TwitterShare on LInkedIn


Europe is now openly discussing restricting Microsoft, Amazon, and Google from handling some of its most sensitive government data, including financial records, judicial files, and healthcare information, and this marks a major turning point in the relationship between Europe and the American technology sector.

According to reports surrounding the European Commission’s upcoming “Tech Sovereignty Package,” Brussels is preparing measures that could limit how foreign cloud providers manage sensitive public-sector workloads, specifically targeting the dominant American firms that currently control most of Europe’s digital infrastructure.

This is Europe effectively admitting that it no longer trusts the United States to control the infrastructure storing its most critical national data. There are other private corporations handling public data in Europe; privacy is NOT the concern.

For years, European governments handed enormous portions of their digital systems to American corporations because the infrastructure was cheaper, faster, and more advanced than anything Europe could build itself. Health systems, court records, tax systems, financial databases, government communications, and institutional records all migrated onto cloud systems controlled primarily by Amazon Web Services, Microsoft Azure, and Google Cloud.

The core issue revolves around the U.S. CLOUD Act, passed in 2018, which allows American authorities to compel U.S.-based companies to provide access to data regardless of whether that information is physically stored overseas. In practical terms, this means European government data sitting in a Frankfurt or Paris data center operated by an American corporation may still fall under U.S. legal jurisdiction.

That completely destroys the illusion of sovereignty. Europe spent years lecturing the world about privacy protections through GDPR while simultaneously outsourcing enormous portions of its digital infrastructure to foreign corporations operating under foreign legal systems. The contradiction was always unsustainable. Now the geopolitical environment is deteriorating and suddenly “digital sovereignty” has become an emergency priority.

American firms dominate roughly 70% of Europe’s cloud infrastructure market because Europe has failed to build competitive alternatives, focusing on regulation rather than innovation.  Now they are attempting to reverse that dependency through policy. People still think globalization is expanding when, in reality, we are watching the beginning of technological nationalism.

Whoever controls the data controls intelligence, financial systems, communications, and eventually political leverage itself. That is why governments are suddenly panicking about cloud dependence. Data is POWER, perhaps more so than gold or oil. Government knows this fact and is keen to work with Big Tech to upsurp as much data as they can.

American firms are already scrambling to adapt by creating “European sovereign cloud” structures physically and legally separated from U.S. operations. Amazon alone announced more than €7.8 billion in investment into a European sovereign cloud system based in Germany. But many European officials no longer believe structural separation is enough because the parent corporations remain American entities subject to American law.

The world economy is fragmenting into competing blocs where trust disappears and every nation attempts to secure control over capital, resources, manufacturing, and now digital infrastructure.



Source link

Tags: AmericadataEuropelongerTrusts
ShareTweetShare
Previous Post

Britain’s Consumers Are Pulling Back As War And Inflation Collide

Next Post

Skilled Trade Rises In Value

Related Posts

edit post
Links 7/17/2026 | naked capitalism

Links 7/17/2026 | naked capitalism

by TheAdviserMagazine
July 17, 2026
0

Medieval Courts Put Murderous Pigs on Trial and the Records Are Stranger Than Fiction ZME Science Artist Builds a Fully...

edit post
Economic Foundations and Christianity Are Compatible

Economic Foundations and Christianity Are Compatible

by TheAdviserMagazine
July 17, 2026
0

Previously, I have complained that, when it comes to economics and the Bible, people often make fallacious claims due to...

edit post
Bulgaria Refuses To Fund Zelensky’s Endless War

Bulgaria Refuses To Fund Zelensky’s Endless War

by TheAdviserMagazine
July 17, 2026
0

Bulgaria has now become the latest country to step away from Europe’s proxy war with Russia. Bulgarian Prime Minister Rumen...

edit post
Market Talk – July 16, 2026

Market Talk – July 16, 2026

by TheAdviserMagazine
July 16, 2026
0

  ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 1,915.97 points or -2.79%...

edit post
The Predatory Logic of the State

The Predatory Logic of the State

by TheAdviserMagazine
July 16, 2026
0

Governance—understood as the set of mechanisms aimed at coordinating social life and regulating conflict—has been a constant feature of human...

edit post
Big Money and the Maine Election: Round 2

Big Money and the Maine Election: Round 2

by TheAdviserMagazine
July 16, 2026
0

Yves here. Graham Platner may be dead as a political candidate, but the debate about his run and what happens...

Next Post
edit post
Skilled Trade Rises In Value

Skilled Trade Rises In Value

edit post
Tesla, Toyota expose surprising auto industry truth

Tesla, Toyota expose surprising auto industry truth

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Shapir wins Road 6 northern extension tender

Shapir wins Road 6 northern extension tender

0
edit post
Economic Foundations and Christianity Are Compatible

Economic Foundations and Christianity Are Compatible

0
edit post
Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

0
edit post
Mortgage Rates Today, Friday, July 17: A Little Higher

Mortgage Rates Today, Friday, July 17: A Little Higher

0
edit post
Psychology says people who go very still when they’re upset — no fidgeting, no shifting, almost no movement — aren’t calm or indifferent; they’re often the ones for whom stillness became the only safe response to something overwhelming

Psychology says people who go very still when they’re upset — no fidgeting, no shifting, almost no movement — aren’t calm or indifferent; they’re often the ones for whom stillness became the only safe response to something overwhelming

0
edit post
What Is a Partner Portal? A Complete Guide for Manufacturers

What Is a Partner Portal? A Complete Guide for Manufacturers

0
edit post
Cohen & Steers Q2 Earnings Call Highlights

Cohen & Steers Q2 Earnings Call Highlights

July 17, 2026
edit post
Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

July 17, 2026
edit post
National Bank Holdings (NBHC) Q2 2026 Preview: EPS Est. alt=

National Bank Holdings (NBHC) Q2 2026 Preview: EPS Est. $0.81, Reports July 22

July 17, 2026
edit post
Psychology says people who go very still when they’re upset — no fidgeting, no shifting, almost no movement — aren’t calm or indifferent; they’re often the ones for whom stillness became the only safe response to something overwhelming

Psychology says people who go very still when they’re upset — no fidgeting, no shifting, almost no movement — aren’t calm or indifferent; they’re often the ones for whom stillness became the only safe response to something overwhelming

July 17, 2026
edit post
Mortgage Rates Today, Friday, July 17: A Little Higher

Mortgage Rates Today, Friday, July 17: A Little Higher

July 17, 2026
edit post
What History’s Greatest Influential Minds Can Teach You About Your 401(k)

What History’s Greatest Influential Minds Can Teach You About Your 401(k)

July 17, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Cohen & Steers Q2 Earnings Call Highlights
  • Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats
  • National Bank Holdings (NBHC) Q2 2026 Preview: EPS Est. $0.81, Reports July 22
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.