The document discusses the recent approval of the Privacy Shield, a framework agreement between the EU and US regarding data privacy. The key points are: 1) The EU Commission approved the Privacy Shield on July 11th providing again a framework for data transfers between the EU and US. 2) The Privacy Shield is meant to provide better rights for EU citizens, but a group still feels it is not adequate. 3) There is a high probability that the EU Courts could invalidate the Privacy Shield again.