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The spillover of the US-China trade and technology frictions is adding additional uncertainties to the industry’s future. The Chinese AI industry advanced during the heyday of free academic exchanges, thriving global open-source communities, and free talent flows between the United States and China. The continuation of these elements can no longer be taken for granted going forward.As such, artificial intelligence in China has entered a stage of rationalization and recalibration, leading to greater unpredictability. China’s AI industry is poised at an inflection point. The question of how China’s AI industry will be shaped in the future becomes more significant, yet less visible.

10 expert predictions for the next decade in Chinese AI

By: EBR | Friday, July 19, 2019

Over the past several years, we have witnessed the blossoming of China’s artificial intelligence industry. Thanks to generous government policy support, and enthusiastic entrepreneurs and venture investors, China commandeered a position that it has not occupied for centuries

One of the natural properties of coffee grounds is that they help eliminate odours – good news for anyone familiar with the smell of well-worn sneakers. And Rens says its shoes are vegan, too.With customers in 57 countries, the firm is about to ramp up production after a successful fundraising campaign. Its coffee collection and shoe-making processes are currently handled in China, but it says it has ambitions to move manufacturing to its founders’ home country of Vietnam.

Your next pair of sneakers could be made from coffee

By: EBR | Friday, July 19, 2019

Coffee is a big deal. While just a handful of countries dominate production, it’s consumed in vast amounts almost everywhere on the planet: around 2 billion cups are drunk every day

We have a vision, which is to build a fairer capitalism. But we also want to have the tools to reach that vision.What do you hope to achieve on the digital tax, given that there is a US investigation on France’s national digital tax?We want to have effective taxation of internet giants. I made very clear from the very beginning that, as soon as there is an international tax on digital companies, we will withdraw our national tax.Instead of putting sanctions against France, I will urge my American friends to enter into a fair negotiation to find a compromise at the G7 level. I really think that the fact that France has introduced a national tax has led to an acceleration of the process within the OECD.

Le Maire: ‘Capitalism is in a dead end, must reinvent itself’

By: EBR | Thursday, July 18, 2019

French finance minister Bruno Le Maire is determined to chair an “efficient” meeting with his colleagues of the G7 countries on Wednesday and Thursday

The United States entered its longest expansion on record (10 years) as of June 2019, and there are increasing questions about whether any reliable indicators can help us forecast the next turning point.Here is a short guide to consider the difficult task of predicting recessions.

The Trick to Predicting Recessions

By: EBR | Thursday, July 18, 2019

At the end of 2008, the Queen of the United Kingdom asked a group of academics from the London School of Economics why nobody had predicted the recession that was just beginning to bite

The issue of geographical balance has been relevant since 2004, but only since the Lisbon Treaty do we talk of ‘top jobs’. Before, there was the Commission president, the Parliament president and Javier Solana.Since 2009, there are other top jobs, including a beefed-up High Representative as the vice-president of the European Commission and chair of the Foreign Affairs Council, and a permanent President of the European Council.

Top EU jobs: Is there a ‘cordon sanitaire’ against Central Europeans?

By: EBR | Thursday, July 18, 2019

There are speculations that the next European Commission will have three vice-presidents, but none of them is from Central and Eastern Europe

Participants either played anonymously or were informed of the identity of their partner, in which case it was one of their Facebook friends. In addition, they were invited to play either a single game or repeated ones with that partner. To gauge the strength of social ties between a pair of players, the researchers tallied the number of their common friends, shared wall posts and photos in which both were tagged.As expected, the level of trust was highest between partners who knew each other and played repeated games with one another. The second highest level of trust was seen between anonymous players who played repeatedly together. Trust was lowest among anonymous players who partnered only once.

Why Negotiators Should Be on Social Networks

By: EBR | Thursday, July 18, 2019

Although social networks can mine people’s data and invade personal privacy, the debate about potentially nefarious aspects of online platforms has not deterred most people from joining them

Ocasio-Cortez and her fellow progressives may not like chafing under Nancy Pelosi’s iron rule in the House, but it seems they don’t realise they now have a choice to make. Do they keep their social media hordes energised and their progressive street cred enhanced by further challenging Pelosi? Or will they simmer down? It’s not clear how the four progressive members or their staffers who were singled out by Pelosi will respond to her verbal spanking. But one lesson they could draw from this is that the House is not a democracy. The speaker isn’t a dictator but with rare exceptions, however everything that happens in the House is directed by her and her lieutenants.

Four women put in jeopardy the Democrat chances to defeat President Trump in 2020

By: EBR | Monday, July 15, 2019

House Speaker Nancy Pelosi and four progressive House Democrats led by Rep. Alexandria Ocasio Cortez (D-NY), are having a bitter feud. It teaches us a lot about growing splits within the Democratic Party and how Pelosi is using her power to shut down dissent within her party

A significant benefit that will readily materialize is the increase in economic efficiency, which arises from the reduction in transactions costs and the increase in intra-Eurozone trade. This is because currency conversion costs are eliminated and price transparency is established across the Eurozone, which benefit both consumers and producers. In addition, the elimination of the need to hedge against the risk of exchange rate fluctuations in trade relations with other countries within the Eurozone, further reduce transactions costs, boost trade and reinforce efficiency gains.

On a low-competitiveness country joining the Eurozone: Are there lessons from Greece?

By: EBR | Friday, July 12, 2019

Issues of political economy may influence the decisions and path of a low competitiveness country in adopting the euro. These can have a decisive effect on the eventual outcome and largely determine the country’s economic prospects within the Eurozone

More many years, scientists have attempted, in vain, to alert political authorities about the negative consequences of the current regulatory burden on biotechnology. As part of a consortium over 13 European countries, we could document, with figures in support, that the current anti-GMO political situation in Europe is an impediment to research in order to address agricultural challenges in the future. This is simply not a sustainable path.

Has Europe lost the new biotechnology battle?

By: EBR | Thursday, July 11, 2019

The EU’s rules on GMOs risk stifling innovation in biotechnology and could lead to China and the US increasing their patent domination

The challenges are stark: a collapse in the age-old business model of paying for news; a global tidal wave of misinformation and disinformation, washing away public trust in even the most respected news brands; a splintering Internet with geopolitical tectonic plates threatening to steal the concept of democratized information; a crisis of confidence for truthful news and information in the global attention economy.

Local Media Must be Strengthened if We Wish to Uphold Press Freedom

By: EBR | Thursday, July 11, 2019

This week, hundreds of delegates from around the world will gather in London for the Global Conference for Media Freedom, hosted by the UK and Canadian governments

Developing countries showed different challenges for increasing the coverage, such as massive urbanisation, refugee situations or sometimes isolation. “People there would walk for hours and wait for their jab because they know what these diseases can do.”The Global Monitor Report recently released by the Wellcome Trust, a partner organisation of GAVI, found that around a fifth of people in Europe either disagree or are unsure of whether vaccines are safe.

Vaccines are victim of their own success, global health expert says

By: EBR | Thursday, July 11, 2019

One of the reasons behind the decline in vaccine confidence is that people have become complacent, as diseases that have killed millions of people are no longer here due to the success of vaccination

Trying to change someone’s mind may feel like an exercise in futility. Cognitive nudges provide information and trust the consumer to make better choices. But we found that the only type of experiment that didn’t have a significant impact on healthy eating was providing nutritional information on its own, such as just listing a calorie count. We estimated that descriptive labelling could cut the number of calories consumed per day by about 54 kcal, or the equivalent of five sugar cubes.

Which Healthy Eating Nudges Work Best?

By: EBR | Thursday, July 11, 2019

Our framework shows how to guide consumers to choose healthier food options

Mitsotakis’ stance has provoked scepticism in Greece’s western allies but now he is widely expected to work towards repairing bridges with Berlin and Washington and to ease strains in relations with Brussels.It is no coincidence that after June’s EP elections, when it became clear that ND would easily win in national elections, party officials toned down the rhetoric against the Prespa Agreement.Mitsotakis has repeatedly said that “we don’t agree but we will respect the Agreement”.The new PM is not expected to “rock the boat” and instead, he’s more likely to try cosmetic changes in the setup of relations with North Macedonia.

Will New Democracy undermine the positive momentum in the Western Balkans?

By: EBR | Thursday, July 11, 2019

Following New Democracy’s return to power, there are concerns in Brussels, Berlin and Washington about changes in Greece’s policy towards its Balkan neighbors

Markets are likely to respond positively to Mitsotakis. Opinion polls projecting that he would win have already underpinned a significant rally in Greek bonds and equities so far this year.The European Commission and Eurozone finance ministers should follow suit, granting Greece short-term fiscal leeway under the condition that Mitsotakis indeed delivers the promised reforms to strengthen the country’s supply potential.

Greece: A Solid Base for Reform

By: EBR | Tuesday, July 9, 2019

The European Commission should grant Greece short-term fiscal leeway under the condition that Mitsotakis indeed delivers the promised reforms

Greece’s new Prime Minister, Kyriakos Mitsotakis, is the son of a former prime minister. His older sister was Foreign Minister of Greece and his cousin is the New Democracy mayor of Athens.Mitsotakis, educated at Harvard and Stanford, is descended from Eleftherios Venizelos, who set up the modern Greek Republic after World War One.

Greece: The Mitsotakis Family Clan is Back in Power

By: EBR | Tuesday, July 9, 2019

Mitsotakis can celebrate his win and the return of his family clan to political power. But the problems will arrive very fast in Greece

Over the past decade, government policies and a rise of social consciousness have led to the increase in sustainable investments, or environmental, social and governance (ESG) investments as they are known in the jargon. For mining companies like Nornickel, probably the single biggest incentive to become more eco-friendly was the changes in the demand for what they produce.Like everywhere, the growing green sector requires metals and more of them. Electric vehicles (EVs), for example, are selling eight times faster than the overall market.

Mining companies spending millions to help boost the "green" economy

By: EBR | Tuesday, July 2, 2019

The metals and mining industry used to be very much the “bad boys” when it came to the environment

The women and men taking charge of the different EU institutions must set their global ambitions sky high. They must be ready to talk and walk very quickly on tackling major global challenges. And they should do so with confidence, vision and determination.It won’t be easy. The world today is not just more complex, contested and competitive than ever before, it is going through a period of massive change and upheaval. A new era is unfolding in myriad messy ways.

Peace in our time? Not really, but that should be the real aim of EU’s new leaders

By: EBR | Tuesday, July 2, 2019

Oh, the excitement and the suspense, the breathless reporting and the angry tweets. Osaka, Brussels, dinner, breakfast. Jet lag

The impact of overfishing is wide-ranging. It’s a cause of degraded ecosystems, according to the WWF, and affects the size of the fish left behind, as well as how they reproduce and the speed at which they mature. When too many fish are removed from one particular spot, the resulting imbalances can kill off other marine life, including sea turtles and corals.

David Attenborough’s worried about this ocean threat - and it’s not plastic

By: EBR | Friday, June 21, 2019

If the ocean was an economy, it would be the seventh largest in the world

Microsoft’s number one position among internet and mobile ecosystem companies (firms that produce software and networked devices) is mainly due to “strong governance and consistent application” of privacy policies across the four services – Bing, Outlook.com, Skype and OneDrive – evaluated in the study.Google and Verizon Media are tied for second place, and Facebook maintained fourth position. Until toppled by Microsoft this year, Google had held on to the top spot since the first RDR Index in 2015.

How tech companies compare at protecting your digital rights

By: EBR | Friday, June 21, 2019

Microsoft has edged past Google to reach the top of a ranking that grades the world’s tech giants on their respect for internet users’ rights

When a system posited on delivering the goods to the masses fails to accomplish that task, protests are bound to arise, especially if the people at the very top seem to be benefiting from the privations of others. Under state socialism, this led to widespread resentment of the nomenklatura, with their imported foods and country dachas. Under free-market capitalism, it leads to resentment of the one per cent, or 0.1 per cent, and anger at the political system that protects their interests.

Why socialism is back

By: EBR | Friday, June 21, 2019

The most basic problem is that in rich countries like Britain and the United States the pro-market tilt failed to deliver the promised results on a consistent basis

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EU Actually

Guterres: the one and a half Celsius is dead

N. Peter KramerBy: N. Peter Kramer

On the eve of the UN climate conference COP30 in Brazil, the word was finally out.

Europe

Disunited European Parliament calls off EU budget rebellion

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

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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