Sun. Oct 6th, 2024

NEWS & BACKGROUND

ON THE TOP

pollution, environment, plastic

OECD: Global action could nearly eliminate plastic pollution by 2040

Comprehensive global policies addressing the entire plastics lifecycle can reduce plastic leakage into the environment by 96% by 2040, according to a new OECD report. By implementing a mix of policies – from enhancing plastic waste management and recycling, to curbing plastic use and waste – countries can achieve significant environmental benefits and economic savings.

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Illustration of issues covered by the European Health Union.

EU auditors point at poor health aid coordination on the ground

Support through global health initiatives has increased, while EU bilateral assistance to partner countries has decreased. Auditors criticise cases of substantial management costs. They highlight shortcomings in the distribution of equipment and medicines. Furthermore, maintenance of donated equipment is inadequate, and projects hardly survive when aid stops.

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LATEST NEWS TICKER

BUSINESS

EU Commission clears acquisition of TBX NewCo Spain and TBX Upstream Seamless Pipes by Tubacex and Mubadala

The EU Commission has approved the acquisition of joint control of TBX NewCo Spain S.L.U. of Spain and TBX Upstream Seamless Pipes L.L.C. of the UAE by Tubacex S.A. of Spain and Mubadala Investment Company P.J.S.C. (‘Mubadala’) of the UAE. The transaction relates primarily to the manufacture of oil country tubes for the exploration and extraction of oil and gas.

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Illustration of issues covered by the European Health Union.

EU auditors point at poor health aid coordination on the ground

Support through global health initiatives has increased, while EU bilateral assistance to partner countries has decreased. Auditors criticise cases of substantial management costs. They highlight shortcomings in the distribution of equipment and medicines. Furthermore, maintenance of donated equipment is inadequate, and projects hardly survive when aid stops.

Read More »

Portugal: IMF Executive Board concludes 2024 Article IV Consultation

Portugal achieved a remarkable recovery from the successive shocks that hit the global economy since the pandemic. Growth exceeded the euro area (EA) average. Inflation decelerated fast. The fiscal position improved substantially, achieving a large surplus in 2023 and an impressive public debt reduction by 36 percentage points of GDP since 2020 to 99 percent of GDP. However, subdued productivity growth, population aging, and low investment remain key constraints to higher medium-term growth and better living standards.

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EU Commission proposes enhanced Team Europe approach in global partnerships

The EU has moved away from donor-recipient dynamics towards mutually beneficial partnerships, which bring benefits to the local populations and strengthen resilience at home and abroad. This approach was embodied in the Global Gateway investment strategy launched in 2021. By investing in partnerships, the EU seeks to position itself in an increasingly contested environment.

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U.S. Fed Governor Lisa D. Cook on AI, Big Data, and the path ahead for productivity

“Futurists have dreamed of an autonomous, thinking machine throughout the modern era. Benjamin Franklin once lost a game of chess to such a machine, the ‘Mechanical Turk’; of course, there was a human chess master hidden inside. Nowadays, chess engines that beat the top players can run on your phone. So, what exactly makes these machines merit the label of ‘artificial intelligence’ ?” – U.S. Fed Governor Lisa D. Cook.

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EU Commission clears acquisition of Lombard by Utmost

The EU Commission has approved the acquisition of Lombard International Assurance Holdings S.à.r.l., based in Luxembourg, by Utmost International Group Holdings Limited, based in the United Kingdom. The transaction mainly concerns the insurance sector, in particular the provision of wealth planning, inheritance, and succession solutions.

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DIGITIZATION

A new kind of Hidden Networking Science – U.S. DARPA seeks proposals

Authoritarian regimes are increasingly able to monitor and target internet communications, leaving many people in those countries unable to communicate freely. In response, the internet freedom and national security communities manually design hidden networks with ad hoc techniques, validate them, and then deploy them in the hope that users are not discovered.

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ai, artificial intelligence, sci-fi

Trustworthy and safe AI: More than hundred companies sign EU AI Pact pledges

The EU Commission announced today over a hundred companies that are the first signatories of the EU artificial intelligence (AI) Pact and its voluntary pledges. The signatories include multinational corporations and European small and medium enterprises (SMEs) from diverse sectors, including IT, telecoms, healthcare, banking, automotive, and aeronautics.

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hacker, cybersecurity, hoodie

Threathunt 2030: ENISA conference on the cybersecurity threat landscape

‘Threathunt 2030’ returned to highlight the significance of advanced foresight in prevention and response efforts towards emerging cybersecurity and hybrid threats. Through a series of interactive panels, ENISA addressed various aspects of foresight in the area of cybersecurity threats, with a view to improve resilience and security across the EU.

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artificial intelligence, network, programming

Transforming public sector services: EU study calls for strategic AI adoption

A study commissioned by the European Commission highlights the significant potential of Artificial Intelligence (AI) to improve public sector services across the EU. The report, finish befor the adoption of the I Act, emphasises that AI can enhance citizen-government interactions, boost analytical capabilities, and increase efficiency in key areas such as healthcare, mobility, e-Government, and education.

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SECURITY

Navigating Europe’s Challenges: Remarks by EU HR Josep Borrell at CFR event

“Often, what the European project means historically is misunderstood or misinterpreted. It was built against the idea of power; that is the fundamental point. Which makes the idea of power a very new idea for the Europeans today. It was and old idea for the former generation of Europeans who were fighting against others for centuries” – EU HR Josep Borrell.

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Global Counterterrorism Forum: Speech by EU HR Josep Borrell at Ministerial Meeting

“This meeting is particularly important because the threat of terrorism is increasing nowhere as rapidly as it is doing on the African continent. One thing is the stock, another thing is the flow. And the flow is increasing very quickly in the African continent. I am very well placed to know that because I have been working with the Sahel and the Horn of Africa during all my mandate” – EU High Representative Josep Borrell.

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"Peace Window" - Marc Chagall UN Photo

UNGA and UN Security Council: European Council President Michel calls for changes

“Decades have passed, the world has changed. Adjustments, however, have not taken place. And yet the Security Council needs to be reformed. It must be reformed by making it more inclusive. Africa and, I believe, Latin America in particular must be given permanent seats. Regional organisations must be more closely involved in UN decision-making processes, including by giving them a systematic consultative voice on the Security Council” – Charles Michel at the UN General Assembly.

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North Atlantic Council at the level of Heads of State and Government at the NATO Summit in Washington, D.C., where Allies took decisions related to NATO Common Funding, 9-11 July 2024. © NATO

Reflections on a decisive decade as NATO Secretary General – Jens Stoltenberg

“The world has changed profoundly since 2014 when I took up my post as NATO Secretary General. Putin has brought brutal war back to Europe, global competition has accelerated, and many challenges – from terrorism to disruptive technologies and from cyber-attacks to climate change – have transformed our security landscape and our everyday lives. As the world has changed, so has NATO” – writes NATO Secretary General in his reflections for NATO Review.

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Lebanon: EU criticism rises on inactivity of the UN Security Council

“Allow me, and excuse me, but sometimes I wonder if it is not better for the [Security] Council to talk about Insecurity – who registers crises, recriminations, and grievances, without solving them. And when they agree on something, not being able to implement it. What a tragedy!” – EU High Representative Josep Borrell.

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SUSTAINABILITY

EU Commission clears acquisition of TBX NewCo Spain and TBX Upstream Seamless Pipes by Tubacex and Mubadala

The EU Commission has approved the acquisition of joint control of TBX NewCo Spain S.L.U. of Spain and TBX Upstream Seamless Pipes L.L.C. of the UAE by Tubacex S.A. of Spain and Mubadala Investment Company P.J.S.C. (‘Mubadala’) of the UAE. The transaction relates primarily to the manufacture of oil country tubes for the exploration and extraction of oil and gas.

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EU Commission clears acquisition of Worldgrid by Alten

The EU Commission has approved under the EU Merger Regulation the acquisition of sole control of Worldgrid France SAS and other entities and assets constituting the Worldgrid Smart Energy Solutions business segment (“Worldgrid”), based in Germany, Belgium, Spain, France, Morocco and the United Kingdom, by Alten SA, based in France.

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EU AGENDA

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