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“What we are witnessing is a huge catastrophe,” the head of Lebanon’s Red Cross George Kettani told broadcaster Mayadeen. “There are victims and casualties everywhere.”

Toll expected to rise in blast that shook Beirut, killing 78 and injuring thousands

By: EBR | Wednesday, August 5, 2020

Lebanese rescue workers dug through the rubble looking for survivors of a powerful warehouse explosion that shook the capital Beirut on Tuesday (4 August), killing 78 people and injuring nearly 4,000 in a toll that officials expected to rise

The loss of economic opportunity has dealt a near-fatal blow to U.S. democracy. Popular support for democracy may not require breakneck economic growth, but it does require fairness.

Dateline US: Economic Power for the 99%

By: EBR | Tuesday, August 4, 2020

Economic shame haunts hard-working Americans. They ask themselves why they can’t do as well as their parents

Inaugurated as president in 1988, Lee pushed for the abolishment of the Temporary Provisions Effective during the Period of Communist Rebellion as well as constitutional amendments, Legislature reform and democratic presidential elections. He was directly elected as Taiwan’s president in 1996 and dubbed “Mr. Democracy” for his role in ending authoritarian rule, Su added.

Taiwan mourns former President Lee Teng-hui’s passing

By: EBR | Saturday, August 1, 2020

Taiwan is mourning the passing of Lee Teng-hui, the country’s first democratically elected president who died at the age of 97 July 30 in Taipei City.

“Azerbaijanis and Armenians are emotional people, and given that both sides have mostly young soldiers and officers, today such a hotline is risky”.

Report: Preventive communication needed on Armenia-Azerbaijan border

By: EBR | Thursday, July 30, 2020

A communication channel set up in 2018 to discuss incidents along the front lines could be used for sharing preventative information to protect farmers and minimise risks of escalation on the Armenia-Azerbaijan border, a recent report from the International Crisis Group (ICG) suggests

"The first step would be for U.S. leaders to learn from the experience of countries that have successfully managed public health in general and the coronavirus in particular."

Globalization and Healthcare: Lessons the US Needs to Learn

By: EBR | Wednesday, July 29, 2020

The U.S. must urgently move beyond its cliche-ridden debate on healthcare

"We are forced to say that we are faced with a completely internal political issue. This is not a matter of religion, but of politics, and even publicity", says Mehmet Hayri Kirbasoglu, professor at the Department of Theology of Ankara University.

Agia Sophia

By: EBR | Tuesday, July 28, 2020

Church of the Holy Wisdom of God

The reality is that the EU – both in terms of infrastructure and supplies – already has a diversified portfolio when it comes to natural gas, including piped gas, gas from Norway and the Middle East, LNG from the US and Qatar, and other supplies.

US pipeline sanctions: Reality check

By: EBR | Tuesday, July 28, 2020

US pipeline sanctions suggest a deliberate misreading of the European gas market and a paternalistic “America knows best” view of how Europeans should manage their energy commerce

Western countries embrace the faint hope that in the post-Erdogan era, Turkey will become a constructive player and a power of geostrategic importance, which outweighs Erdogan’s transient outrageous behavior.

J’Accuse Erdogan

By: EBR | Monday, July 27, 2020

The weaker Recep Tayyip Erdogan is at home politically, the longer the list of the Turkish President’s transgressions gets

"Never mind that apps also play a major role when it comes to setting global technology standards, a race in which China is extremely active."

Welcome to the TikTok Wars

By: EBR | Monday, July 27, 2020

We live in an age where apps wars between major nations have geo-technological fallout

"It is not so much the legal structure — one country or 27 countries — but ultimately cultural values of cohesion and solidarity that determine whether policymaking ends up with sensible results."

The US and the EU: A Tale of Two Continents

By: EBR | Friday, July 24, 2020

Compared to the extreme disunity and cynicism that rules the U.S. political process, the decision-making process of the EU27 is a sea of calm and rationality

The process of reducing dependence on carbon may likely require funnelling investment capital into activities like carbon capture, utilization and storage, renewable power, and low-carbon fuels over oil and gas exploration and development — even when long-term value multiples are uncertain.

Why the oil industry has less time to decarbonize than it might think

By: EBR | Thursday, July 23, 2020

There are market signs everywhere of growing impatience with the oil industry. Powerful investors are exiting high-carbon investments or limiting their exposure

The world may not be as flat as it once was, but global business strategy is, if anything, a more urgent priority than before.

Global Strategy for a De-globalising World

By: EBR | Wednesday, July 22, 2020

The full economic impact of the pandemic has yet to be felt. However, it seems beyond dispute that Covid-19 and globalisation don’t mix well

Southern Africa and Australia, where bushfires last year razed millions of acres, will probably be dryer than usual through 2024, while Africa’s Sahel region will likely be wetter, the WMO said.

Meeting Paris climate pledge will be ’enormous challenge’, says WMO

By: EBR | Tuesday, July 21, 2020

Global temperatures will continue to warm over the next five years, and may even temporarily rise to more than 1.5 degrees Celsius above pre-industrial levels, the World Meteorological Organization (WMO) said

"The World Bank and regional development banks have no facility comparable to the CCRT, but nothing prevents their governing bodies from creating them."

An Easy Way to Provide Debt Relief for the World’s Poorest Countries

By: EBR | Friday, July 17, 2020

Donor governments do not have to fund poor country debt relief from their fiscal budgets. They can tap long-unused reserve assets available at the IMF called Special Drawing Rights (SDRs)

"We know what works. Quality public healthcare, for free, for all. High and inescapable wealth taxes, as rich people are now calling for. A universal labour guarantee that protects workers and ensures a living wage."

COVID-19 has let the virus of inequality run rampant

By: EBR | Wednesday, July 15, 2020

Meet Sampa Akter. She sews clothes for global brands in Bangladesh. As with millions of others, she was sent home in March with no pay as COVID-19 canceled orders

“We have agreed today to develop a coordinated European Union response to show support for Hong Kong’s autonomy and civil society.”

EU preparing measures against China over Hong Kong

By: EBR | Tuesday, July 14, 2020

The EU is preparing counter-measures on China in response to Beijing’s new security law on Hong Kong, the bloc’s top diplomat said on Monday (13 July), but envoys stressed the likely steps will not amount to economic sanctions

"COVID-19 and climate crises are connected, so both curves need to be “flattened” as we rebuild the world economy."

Here’s how to deliver a green recovery for the G20 economies

By: EBR | Tuesday, July 14, 2020

Economists believe that we are in the midst of a “reverse radical” recovery. This economic trajectory is the mirror image of the square-root symbol: a steep economic decline, followed by a sharp partial rebound, then a slow recovery over several years

By working together to share test results in a harmonized system, border crossing and regional integration was later accelerated within East Africa.

Cross-border travel is confusing after COVID – this framework can help borders reopen safely

By: EBR | Monday, July 13, 2020

When the six nations of the East African Community opened to essential trade in June, COVID-19 testing created kilometers of backed up trucks along the borders as truck drivers waited for hours to get test results

"Even if the Hagia Sophia conversion increases Erdogan’s approval rating by a few percentage points, the boost is unlikely to last. Nothing short of strong economic growth in Turkey will bring back the wider popularity he once enjoyed."

Erdogan’s Big Gamble on the Hagia Sophia

By: EBR | Monday, July 13, 2020

Turkey’s president, desperate to boost his popularity at home, further damages his country’s international standing

“The unconstructive approach of certain members of the Security Council is all the more regrettable at a time when needs have never been greater and in the context of the coronavirus pandemic.”

EU voices concern over UN Syria aid plan

By: EBR | Monday, July 13, 2020

The EU on Sunday (12 June) voiced “deep concern” at a UN move to close an access point for humanitarian aid to war-torn Syria

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EU Actually

EU leaders slow down Green Deal to save industry and business competitiveness

N. Peter KramerBy: N. Peter Kramer

The relation between industry and business competitiveness on the one hand and the green transition on the other was one of the key issues at the Summit last week.

Europe

How Europe’s AI tortoise might overtake the US hare

How Europe’s AI tortoise might overtake the US hare

Giles Merritt reports on the growing risk of an investment meltdown of the US’s exuberant AI start-ups, and the opportunity for Europe.

Business

China to loosen chip export ban to Europe after Netherlands row

China to loosen chip export ban to Europe after Netherlands row

Beijing has said it will loosen a chip export ban it imposed after Dutch authorities took over Nexperia, a Chinese-owned chipmaker based in the Netherlands.

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