Sat. Jan 25th, 2025

NEWS & BACKGROUND

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ITU: Open standards needed to build trust in digital wallets

Digital wallets are unbeatable for convenience – easing payments, helping verify your identity, and keeping your funds accessible as you move around. Until you cross an international border. That’s when regulatory differences, currency conversion issues, and technical glitches can all suddenly get in the way.

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LATEST NEWS TICKER

BUSINESS

EU Commission clears acquisition of Connexa by CDPQ and OTTP

The EU Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Connexa Limited of New Zealand by Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan Board, both of Canada. The transaction relates primarily to the provision of mobile telecommunications infrastructure in New Zealand.

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EESC champions pro-worker AI in high-level debate

With Artificial Intelligence reshaping the workplace, it is crucial to continue promoting human-centric AI and advocating for policies that balance strong AI development in Europe with social justice and workers’ rights, a high-level debate at the European Economic and Social Committee pointed out.

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DIGITIZATION

money transfer, mobile banking, business, digital, concept, banking, online, buy, communication, customer, deposit, device, electronic, finance, e-wallet, digital wallet, funds, internet, payment, wire transfer, send, technology, transfer, money transfer, money transfer, money transfer, money transfer, money transfer, mobile banking, digital wallet, digital wallet, digital wallet

ITU: Open standards needed to build trust in digital wallets

Digital wallets are unbeatable for convenience – easing payments, helping verify your identity, and keeping your funds accessible as you move around. Until you cross an international border. That’s when regulatory differences, currency conversion issues, and technical glitches can all suddenly get in the way.

Read More »

EESC champions pro-worker AI in high-level debate

With Artificial Intelligence reshaping the workplace, it is crucial to continue promoting human-centric AI and advocating for policies that balance strong AI development in Europe with social justice and workers’ rights, a high-level debate at the European Economic and Social Committee pointed out.

Read More »

U.S. Executive Order: Removing barriers to U.S. leadership in Artificial Intelligence

The United States has led the way in AI innovation, powered by free markets, top-tier research, and entrepreneurship. To preserve this leadership, AI systems must remain free from ideological bias or engineered agendas. By removing existing policy barriers, this Presidential Executive Order intends to enable decisive action to secure America’s global leadership in artificial intelligence.

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US President Trump speaking

World Economic Forum: Transcript of U.S. President Donald Trump’s special address

In his first major global address as the newly inaugurated 47th President of the United States, Donald J. Trump took center stage at the World Economic Forum in Davos. He pledged to fix “economic chaos”, slashing oil and gas prices, cutting regulations, introducing tax breaks for U.S. producers, and imposing tariffs on foreign goods. Trump promises to make America “stronger, wealthier, and more united than ever”, and to sanction Russia if they don’t stop the war against Ukraine.

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SECURITY

DR Congo: Statement by the EU High Representative on the latest escalation

The EU is deeply concerned about the continued escalation of the conflict in eastern Democratic Republic of the Congo (DRC), aggravated by the renewed offensive of the M23 supported by the Rwandan Armed Forces. This undermines African-led efforts to reach a peaceful resolution to the conflict. The EU reaffirms its full support to the Luanda and Nairobi processes.

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Türkiye: Press remarks by EU High Representative Kaja Kallas in Ankara

“The path to Syria’s future also runs through Türkiye. I commend Türkiye for really helping a large number of Syrian refugees and welcoming them here. It is clear that the refugees can return to Syria when Syria is a stable country, and there are jobs, and it is possible to make a living” – EU High Representative Kaja Kallas in Ankara.

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EU-ISS: Funding weapons together (or not): How to pay for European defence

Less US involvement in European security means the EU and its Member States must ramp up armaments production while simultaneously advancing the innovation, research and development of future weapon systems. This will require industries to retool their business models and Member States to reform their defence procurement and acquisition processes. The EU can play a decisive role in this endeavour.

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SUSTAINABILITY

figutes IEA energy report Ireleand

IEA: Ireland is currently not on track to meet its energy and climate targets

Given Ireland’s location and its current reliance on electricity and natural gas imports from a single supply source, the commitment to supply 80% of electricity from renewable sources by 2030 has important climate and energy security benefits. The 2021 Climate Act requires the implementation of a carbon budget to reach an emissions reduction target of 51% by 2030 compared to 2018. Ireland is currently not on track to meet this target. 

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Greece: EIB reaches €1bn milestone in green financing for SMEs and mid-caps

The European Investment Bank (EIB) is lending the National Bank of Greece (NBG) €250 million to increase support for green investments made by Greek small and medium-sized enterprises (SMEs) and Mid-Caps. The agreement raises the total intermediated lending made available through this EIB facility to back decarbonization investment by smaller Greek companies to €1 billion.

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US President Trump speaking

World Economic Forum: Transcript of U.S. President Donald Trump’s special address

In his first major global address as the newly inaugurated 47th President of the United States, Donald J. Trump took center stage at the World Economic Forum in Davos. He pledged to fix “economic chaos”, slashing oil and gas prices, cutting regulations, introducing tax breaks for U.S. producers, and imposing tariffs on foreign goods. Trump promises to make America “stronger, wealthier, and more united than ever”, and to sanction Russia if they don’t stop the war against Ukraine.

Read More »

EU AGENDA