A “Minerals Club” Could Help Untie Us From Authoritarian Regimes, But Leaders Must Resist Nationalistic Impulses

a large setup infrastructure for mining gold and other minerals in Australia. getty US President Joe Biden and European Commission leader Ursula von der Leyen on Friday vowed “cooperation on diversify...

EU Privacy Regulator Flags Concern About ‘Breakdown Of Communication’ With Twitter

Topline Twitter’s rollout of its paid verification service in Europe has been carried out without consulting the Irish Data Protection Commission, the social platform’s primary regulator in the Europe...

European New ICE Vehicle Ban In 2035 Stumbles, But Has It Crashed?

European Union sets new climate law: net-zero emissions are now a target for 2050 – Carbon … [+] Neutrality concept with CO2 and O2 molecules against tree canopy and sky background getty T...

Why All The Fuss Over Northern Ireland’s Trade?

Map of the partition of Ireland; the division of the island of Ireland into two distinct … [+] territories; Northern Ireland and Southern Ireland in 1921. (Photo by: Photo 12/Universal Images Gr...

Europe’s Latest ‘Green New Deal’ Is Counterpunch To U.S. Inflation Law

Employees at the BMW plant in Leipzig assemble the “drive module”, the underbody group with battery, … [+] for the electrically driven i3. BMW will make more of these in the US now, ...

Tepid European Auto Recovery Will Ignite Competition While Electric Car Growth Slows

ACEA president and Renault CEO Luca De Meo pictured during a press conference at the European … [+] Automobile Manufacturers Association (ACEA – Association des constructeurs europeens d¿a...

Here Are All The U.S. Sanctions Against China

Topline China has been subjected to mounting U.S. sanctions in recent years—and tensions between the two countries have escalated over the past week after the Biden Administration shot down a suspecte...

Senior Ukrainian Officials Fired Over Corruption Allegations Amid EU Membership Push

Topline Several senior Ukrainian officials were dismissed or resigned in recent days after being accused of corruption, according to multiple reports, as Ukrainian President Volodymyr Zelensky vows to...

Globalization, Elon, Profiteering And Boomers. China, The Cloud, Self-Health And Kanye. Re-Generative AI, Ukraine, Tay Tay, And The Dallas Cowboys. All Of That And More In My 23 Predictions For 2023.

Making predictions is an inherently high-risk activity. Predictions for 2021 are here. I would grade them as B-. The predictions for 2022 are here and a B+ grade on these feels more appropriate becaus...

Defying Expectations, EU Carbon Emissions Drop To 30-Year Lows

Solar panels at the power plant in La Colle des Mees, Alpes de Haute Provence, southeastern France. … [+] Solar and wind energy have helped rescue Europe from an expected increase in carbon emis...

ExxonMobil Sues Europe Over Whether Its New ‘Windfall Profits’ Tax Is Really A Tax

Brussels, BELGIUM: A view of the Berlaymont building, headquarters of the European Union Commission. … [+] AFP PHOTO / DOMINIQUE FAGET (Photo credit should read DOMINIQUE FAGET/AFP via Getty Ima...

Amazon Settles EU Antitrust Case—But Here’s Why It Won’t Pay Any Fines

Topline Amazon has agreed to a settlement that will resolve two antitrust cases against the retail giant in the European Union, while avoiding a multibillion dollar fine over allegations the company w...

European Union Official Warns Elon Musk Of Sanctions Over Twitter Banning Journalists

Topline Under a set of new digital rules, Twitter could face sanctions ranging from from billion-dollar fines to being banned across the European Union over suspending the Twitter accounts journalists...

Apple to Add Flexibility for App Developers, Including in Web3

Apple Inc. reportedly plans to allow alternative app stores on its iPhones and iPads next year in response to looming regulatory changes in the European Union.  The move, reported by Bloomberg, would ...

Crypto’s ‘Easy Money’ Scams Need Tougher Oversight – ECB Board Member

In a speech this week, European Central Bank board member Fabio Panetta called for broader taxation on crypto assets, which he likened to a Ponzi scheme.  “The EU should introduce a tax levied on cros...

Oil Prices Could Rise After Latest EU Sanctions on Russia

The European Union’s ban on seaborne imports of Russian oil, along with the Group of Seven’s plan to cap prices of oil from Russia early next month won’t guarantee that prices for the commodity will s...

Apple Says iPhones Will Switch Over To USB-C Chargers To Comply With New EU Law

Topline Apple’s iPhones will switch over to USB-C chargers for its upcoming iPhone devices, the company officially acknowledged for the first time at a Wall Street Journal event on Tuesday, a move tha...

Moody’s executives say new EU MiCA regulations could unleash stablecoin innovation

Restrictions in new EU regulations could potentially serve as a booster to stablecoin innovations in Europe, Moody’s Global Head of DeFi and Digital Assets Fabian Astic told The Block in an exclusive ...

Putin Admits China Had ‘Concerns’ About Russia’s Invasion Of Ukraine

Topline In his first meeting with Chinese President Xi Jinping since Russia launched its invasion of Ukraine in February, President Vladimir Putin admitted China had “questions and concerns” about the...

Google Faces Record $4 Billion Fine In Europe After Losing Android Antitrust Appeal

Topline Google may have to pay a record €4.125 billion ($4.12 billion) fine to the European Union in an antitrust case linked to its Android operating system for smartphones after losing a court appea...

Gas Prices May Spike Again This Winter As Europe Cuts Off Russian Oil, Yellen Says

Topline Gas prices could jump again this winter following a months-long decline in the United States, Treasury Secretary Janet Yellen warned Sunday, as the European Union plans to largely stop buying ...

Europe’s Energy Crisis Won’t Be Over Anytime Soon, Experts Say

A man waves a European Union flag in front of the Romanian Parliament headquarters during a protest … [+] against government and corruption in the front of the Romanian Government headquarters i...

Stop Genocide In Ukraine By Cancelling All Russian Visas

The Russian passport may soon no longer be a valued item if the EU implements sanctions (Photo by … [+] Vladimir Zivojinovic / AFP) (Photo by VLADIMIR ZIVOJINOVIC/AFP via Getty Images) AFP via G...

Nuclear Power Could Cut The World’s Carbon Emissions In Half

Atomic plant Vogtle, is a 2-unit nuclear power plant located in Burke County, near Waynesboro, … [+] Georgia in USA. Each unit has a Westinghouse pressurized water reactor (PWR), with a General ...

the week in crypto policy

Just as the week was wrapping up, news of a cease-and-desist letter from the Federal Deposit Insurance Corporation (FDIC) addressed to FTX and other crypto firms came out. Here’s a look at some ...

Accelerating European Electric Car Sales Expected, But Doubts Persist

General concept for finances in context with electromobility, such as financing, subsidy programs, … [+] subsidies, savings, tax advantages, insurance getty Battery electric vehicle (BEV) foreca...

The EU is on the verge of creating a new AML regulator that will oversee crypto

The European Union is poised to create a brand new regulator with direct crypto oversight. While the crypto industry’s attention has been on the Markets in Crypto Assets regulation and the controversi...

Russia’s Supply Of Gas To Europe Drops To Just 20%, Disrupting Storage Plans For Winter

Topline The supply of natural gas from Russia to Europe through the Nord Stream 1 pipeline dropped even further on Wednesday, potentially disrupting the European Union’s plans to raise its gas storage...

EU, US swap policy intel on European crypto regulation, stablecoins

The EU and the US swapped crypto policy insights on stablecoins and other issues during a joint financial forum in Brussels last week. Representatives from the two governments met as part of an EU–US ...

For Investors, EU Baltics Are Beating Europe. But Geopolitics Not In Their Favor

Map of Latvia Estonia Lithuania getty The three Baltic states of Estonia, Lithuania and Latvia have been part of the European Union for 18 years now. And for the last six years, investors have been be...

European Union Bans Russian Gold Exports In Latest Sanctions Package

Topline The European Union appears to have approved bans on Russian gold exports and an asset freeze of the Russian state-owned SberBank as part of its latest round of sanctions against Russia in resp...