China's economy is going down quickly, even as the Evergrande collapse, and China's real estate crisis unfolds. And now, the Evergrande collapse is also expected to hit the Chinese foreign policy. The Chinese foreign policy is presently dictated by the Belt and Road Initiative (BRI) which involves large-scale debt financing by Chinese financial institutions, Chinese State-owned Enterprises (SOEs) and local government financing vehicles.

Portland, Maine has passed a ballot initiative banning the use of facial recognition by police and city agencies. The Bangor Daily News is reporting that voters have passed a ballot initiative bolstering a ban on facial recognition by city agencies. The initiative follows a city council vote in August, which put a preliminary ban in place as an ordinance.

IBM announced Monday it's withdrawing from the general purpose facial recognition market, saying it worries that the technology is being used to promote discrimination and racial injustice.