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Germany's Merkel says digital world needs global rules

Germany's Chancellor Angela Merkel speaks to people at a pavilion during an event of the Dual Year Germany-Mexico, at the Revolution Monument in Mexico City, Mexico June 10, 2017. (Photo: Reuters)

German Chancellor Angela Merkel said on Saturday that the digital world needs regulations like those that exist for financial markets in the G20 and for trade under the World Trade Organization.

Global policymakers are facing uncharted territory as emerging technologies open new frontiers for regulation with the inter-networking of smart devices and trends in the automation of factories, dubbed Industry 4.0 by German politicians.

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