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To date, the US has spent far more than any other country on AI. But a large part of that is made up of investments into privately owned AI businesses; it is not necessarily a sign of a coherent nationwide AI strategy.

AI looks set to disrupt the established world order

By: EBR | Friday, February 14, 2020

Artificial Intelligence (AI) is shaking up the global pecking order, allowing many smaller countries to stand tall in a new competitive landscape

Democracies, in particular, are vulnerable. Cyber attackers can target institutions directly, or indirectly by undermining public trust in them, but democratic societies—because they cannot risk jeopardizing democratic values and principles—are constrained in how to prepare and respond to such attacks.

How to Protect Democracy From Future Cyber Threats

By: EBR | Friday, February 14, 2020

The biggest challenge that democracies face against cyber threats is to develop effective responses without undermining the very values and principles they are designed to protect

“The world is becoming less Western,” states the MSC’s annual report. “But more importantly, the West itself may become less Western, too. This is what we call ‘Westlessness’,” it adds.

The West’s Power of Attraction

By: EBR | Thursday, February 13, 2020

The West is not in good shape, but its ability to survive, adapt, and inspire are strengths that need to be recognized and exploited

«Abroad, the ESM has many investors in emerging markets. We often travel to see them to discuss the state of affairs in Europe; we have therefore experienced first-hand how emerging markets in Asia, Africa, and South America are leapfrogging the developed world in fintech.»

Can fintech make the world more inclusive?

By: EBR | Wednesday, February 12, 2020

Financial inclusion – making banking services accessible and affordable to everyone globally, or “banking the unbanked” – has become a buzzword in the last few years. This phenomenon is of great interest to the ESM both in Europe and the developing world

«Since the start of European Monetary Union (EMU), the young euro currency has been a strong second to the dollar. The relative influence of the euro dropped somewhat during the financial crisis a decade ago, but since then is again gaining ground.»

Regling’s Take: Why we need to boost the euro’s international role

By: EBR | Wednesday, February 12, 2020

Calls for a stronger international role for the euro have increased markedly in the last few years. This is partly in response to the current U.S. administration’s withdrawal from multilateralism

Social mobility refers to the movement of individuals either up or down the socioeconomic ladder relative to their current standing, such as a low-income family moving up to become a part of the middle class.

Ranked: The Social Mobility of 82 Countries

By: EBR | Monday, February 10, 2020

It’s an unfortunate truth that a person’s opportunities can be partially tethered to their socioeconomic status at birth

"It was evil, it was corrupt, it was dirty cops, it was leakers and liars," Trump said.

Trump takes victory lap after Senate acquittal

By: EBR | Friday, February 7, 2020

President Donald Trump declared victory over impeachment at a rambling self-congratulatory White House event Thursday, carried live on national TV, calling the investigations into his presidency ‘evil’ and Democrats ‘vicious as hell’ as Republican allies laughed and applauded

‘Taiwan has a relevant and credible voice on transnational health issues, and the US has long supported its active engagement in international venues’, its spokeswoman Morgan Ortagus said in a statement.

Coronavirus: Taiwan’s experts excluded by WHO (UN)

By: N. Peter Kramer | Tuesday, February 4, 2020

Taiwan, with its proximity to China and intensive people-to-people contact between two sides, bears the brunt of the Coronavirus (2019-nCO-V) outbreak in Wuhan on the Mainland

Republicans are now turning spotlight on former vice-president Joe Biden, who is leading in the race for Democratic opponent of incumbent president Trump on election day, November 3.

How the impeachment trial becomes a problem for the Democrat Joe Biden

By: N. Peter Kramer | Monday, February 3, 2020

On Wednesday (Feb 5) President Donald Trump is set for acquittal in his impeachment trial after Democratic demands to summon witnesses were rejected by a majority in the Senate

The ocean, which feeds us, regulates our climate and is one of the engines of the global economy, is changing at the fastest rate in human history.

We need natural solutions to fight ocean and climate risk

By: EBR | Wednesday, January 29, 2020

For the first time, environmental concerns are the top five global risks in the World Economic Forum’s Global Risks Report. The health of the ocean - or lack of it - is everywhere. 2019 was the hottest year ever recorded for the ocean, capping the hottest decade on record for the planet

Demand for soft skills is likely to continue to increase as automation becomes more widespread.

5 things we know about the jobs of the future

By: EBR | Tuesday, January 28, 2020

As the labour market rapidly changes, new, nearly real-time data and metrics give us better insight than ever before into what the jobs of the future will look like

As the age of big data transforms the potential of this emerging field, members of the World Economic Forum’s Global Future Council on Biotechnology tell you everything you need to know.

6 expert essays on the future of biotech

By: EBR | Monday, January 27, 2020

What exactly is biotechnology, and how could it change our approach to human health?

"After Auschwitz, the human condition is no longer the same. After Auschwitz, nothing will ever be the same."

Auschwitz: How death camp became centre of Nazi Holocaust

By: EBR | Monday, January 27, 2020

On 27 January 1945, Soviet troops cautiously entered Auschwitz

Every day, an average of 8,497 stc customers’ machines are actively infected by malware and an average of 13,000,000 requests for access to risky domains are initiated.

4 things ISPs can do to reduce the impact of cybercrime

By: EBR | Thursday, January 23, 2020

The role of internet service providers (ISP) in protecting critical national infrastructure cannot be ignored

Climate Change: Evading the “Too Late, Too Costly” Trap

By: EBR | Wednesday, January 22, 2020

The raging bushfires sweeping through Australia, partly related to unusually dry conditions stemming from climate change, are a stark reminder that the 2020s must be a decade of concerted climate action

Modern slavery is at the heart of efforts to transform markets and to create a cohesive and sustainable world.

How AI and satellite imaging can stamp out modern slavery

By: EBR | Wednesday, January 22, 2020

There are 40 million people in slavery today. SDG 8.7 is a commitment to end modern slavery, with the ambition to reduce that number by 10,000 people every day

According to the study, the hybrid fuels tested contained between 70% and 95% more aromatic compounds, which led to 10% to 85% more BC compared to standard heavy fuel oil (HFO), a widely used shipping fuel.

Air pollution-busting ship fuel in climate backlash

By: EBR | Monday, January 20, 2020

New rules aimed at reducing air pollution from shipping may end up worsening the sector’s climate impact, according to new research, which warns that low sulphur fuels could end up producing more climate-bashing emissions, known as black carbon

Innovators can improve their performance by paying attention to academic science.

Firms Favour Academic Insights That Come From Hubs

By: EBR | Monday, January 20, 2020

In 1981, in the far outskirts of Los Angeles, a start-up made a bet that would change the lives of millions. Applied Molecular Genetics (Amgen) decided to take a chance on University of Chicago professor Eugene Goldwasser’s research and try to clone the gene behind the hormone that spurs the body to make red blood cells

EUROCHAMBRES president, Christoph Leitl, called the co-legislators to take into account the scope and proportion of additional administrative requirements, especially for SMEs, in relation to the objective.

EUROCHAMBERS President Leitl: Chambers have to play a role in Green Deal Investment Plan

By: N. Peter Kramer | Friday, January 17, 2020

EUROCHAMBRES welcomes the European Green Deal Investment Plan, published by the European Commission

Along with economic and geopolitical resilience, environmental resilience will be an increasingly important factor in investment decision-making in 2020, as more investors seek to understand the impact of burgeoning climate risks.

Cities must show ’environmental resilience’ to attract investment in real estate

By: EBR | Wednesday, January 15, 2020

Ongoing political uncertainty and mounting concerns of a global economic slowdown made 2019 a bumpy year

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EU Actually

Russia and China warn the EU about Euroclear billions

By: N. Peter Kramer

Russian Prime Minister Mikhail Mishustin went on a working visit to Cina. After a meeting with his Chinese colleague Li Qiang in the city of Hangzhou, an extensive press release was published yesterday.

Europe

Disunited European Parliament calls off EU budget rebellion

"The Commission’s proposals are quite good and meet our demands," said EPP MEP Herbert Dorfmann, while sources close to the file said centre-left S&D lawmakers were unhappy with the suggestions.

Business

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.