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Government policies are motivated by the challenges of labour costs and labour shortage, as well as the imperative to lead a new wave of Industrial Revolution. The Chinese government sees robotics (and automation) as a positive phenomenon, an advance in science and technology essential to China’s rise as a world power.

Understanding China’s robot phenomenon

By: EBR | Friday, August 23, 2019

The working age population is decreasing, wages are rising, and the government is determined to lead a new wave of the industrial revolution

Globally, the same economic logic holds. Rapid population growth produces great poverty in those countries that are presently subject to it, making their societies yet more unequal and even less stable.However weak the rudimentary social security and unemployment benefit systems are that even relatively poor countries may have put in place today, rapid population growth puts huge stresses on those systems. It impoverishes the society as a whole, preventing spending on other critical needs.

Uncomfortable Truths: “No Charge” Immigrants

By: EBR | Thursday, August 22, 2019

Trump’s public charge principle could usefully operate globally

Closer to home, Brexit has become a time-consuming distraction, while Merkel is biding her time as chancellor of Europe’s biggest economy. Her coalition government is almost paralyzed: it cannot even agree on climate change goals or something as basic as putting a speed limit on superhighways.

Europe’s Paralysis, America’s Disruption

By: EBR | Wednesday, August 21, 2019

Events over the summer confirm that the EU is politically unable to confront the major geopolitical and strategic shifts at a time when the United States lacks diplomatic leadership

The media is reduced to the role of government scribe in China, the Gulf and other autocracies. The media is similarly on the defensive in democracies such as the United States, Hungary, India, Turkey, Russia and the Philippines.

1984 Revisited: The Rise of the Neo-Authoritarians

By: EBR | Monday, August 19, 2019

The graphic warnings in George Orwell’s prophetic novel 1984 are as relevant today as they were when it was first published 70 years ago

Boris Johnson wants new railways in the north of England, new housing, more scientists. The financing question aside, there is no evidence in the opinion polls that anyone is convinced.

Boris Johnson: Three Weeks After

By: EBR | Monday, August 19, 2019

Three weeks have now passed since Boris Johnson became the UK’s prime minister. What have we learned so far?

VW paid US$15 billion in fines as part of a civil settlement in the US. Investors continue to suffer four years later as the stock price is still nowhere near its pre-scandal high of early 2015.

How the Volkswagen Scandal Turned ‘Made in Germany’ Into a Liability

By: EBR | Monday, August 19, 2019

Firms that leverage a collective reputation for marketing purposes should never lose sight of the fact that one bad apple can spoil the barrel

According to the NOAA, the average global temperature in July was 0.95 degrees Celsius above the 20th century average of 15.8 degrees Celsius, making it the hottest July in its records, which go back to 1880.

July 2019 hottest month on record for planet, US agency finds

By: EBR | Monday, August 19, 2019

July 2019 temperatures were the hottest ever recorded globally, the US National Oceanic and Atmospheric Administration (NOAA) said Thursday (15 August), confirming earlier observations by the European Union

The protests came to the forefront of domestic politics on August 5, when activists formed a kilometer-long procession called the “Great Water and Conscience Meeting” near the construction site.

Turkey’s Rising Wave of Social Protests

By: EBR | Monday, August 19, 2019

This year’s Istanbul election and last year’s move to a presidential system have unified and galvanized the opposition, raising questions about Erdogan’s next move

Investment in innovation has increased across the world over recent years, while the use of intellectual property reached record highs in 2017 and 2018.

Chart of the Day: These are the world’s most innovative economies

By: EBR | Friday, August 2, 2019

Switzerland has clinched first position yet again in the latest Global Innovation Index – a title it has held since 2011

India wants to launch its first manned space mission in 2022, to mark the 75th anniversary of the nation’s independence. Codenamed Gaganyaan – space vehicle in Sanskrit – the project has a budget of almost $1.5 billion.

3 things to know about India’s space programme

By: EBR | Thursday, August 1, 2019

India’s bid to join a select group of nations who have landed on the moon has taken off

Lying at the heart of the regional economy, China will undoubtedly play a central role in the Asian Century. However, it is also an emerging, multipolar century, one in which no single power can unilaterally dictate norms and rules.

China’s role in the Asian century of globalization

By: EBR | Thursday, August 1, 2019

The re-emergence of Asia is among the most important shifts that will occur in our lifetimes

Globally, at least 800 marine and coastal species are affected, 17% of which are threatened or critically endangered, according to the International Union for Conservation of Nature.

Mediterannean is Europe’s most waste-polluted sea, study says

By: EBR | Thursday, August 1, 2019

The Mediterranean Sea is the most waste-polluted sea in Europe, according to a 20-year study conducted by the French Research Institute for Exploitation of the Sea (Ifremer)

While population growth in the US and Europe stagnates, the number of people living in the Middle East, Asia, and Africa is going to skyrocket.

These will be the world’s 10 biggest cities in 2030

By: EBR | Friday, July 26, 2019

The human population is growing at an alarming rate. By 2050, there will be almost 10 billion people on the planet

The first is Britain’s delusions about Brexit. Too often, Johnson has said his country would be far better off outside the EU. Yet on July 22, outgoing UK Foreign Secretary Jeremy Hunt asked the Europeans (not the Americans or NATO) to lead a new maritime alliance to protect shipping in the Strait of Hormuz. How ironic—and a day before Johnson, who has promised to take Britain out of the EU with or without a deal, was elected by Conservative Party members to succeed May.

The Iranian Effect on Europe and Brexit

By: EBR | Thursday, July 25, 2019

Summer vacations that close down Europe are almost a thing of the past. The recent standoff between the UK and Iran is a case in point

Trump announced that the S-400 purchase means Turkey will not be allowed to purchase any F-35 planes, but he did not address the related questions of Turkey’s role in F-35 production or the likelihood that the S-400 purchase from Russia will trigger U.S. sanctions under the Countering America’s Adversaries Through Sanctions Act. The State Department this week has been silent on whether those sanctions will be imposed.

US removing Turkey out of F-35 program - Turkey no longer loyal member of NATO?

By: EBR | Monday, July 22, 2019

US President Trump and Turkey’s President Erdogan seems no longer friends.In a major break with a longtime ally, the Trump administration said Turkey is being kicked out of an American-led fighter aircraft program because it is buying a Russian air defense system that would aid Russian intelligence

The LDCs’ share of world trade is below 1%, with over half of that split between three graduating countries – Angola, Bangladesh and Myanmar. What’s more, exports from these countries are concentrated in a narrow set of low value-added goods, with 60% comprising primary products – from industries such as agriculture, fishing and mining. This lack of diversification can increase vulnerability to external shocks and undermine long-term development prospects.

5 ways to boost sustainable trade in the world’s poorest countries

By: EBR | Saturday, July 20, 2019

The World Trade Organization’s (WTO) Aid for Trade initiative is designed to connect developing countries to the global trade system in a sustainable manner

Cetinkaya’s departure deals a blow to the bank’s independence, putting monetary policy firmly in the hands of Erdogan, who adheres to the principles of Islamic finance, which prohibits the charging of interest. And it leaves his minister of economy and finance, who is also his son-in-law, peddling the usual conspiracy theories about supposed foreign enemies trying to bring the country to its knees. The Islamic roots of this zero-interest-rate policy worsen the situation.

A Central Bank as the Symbol of Turkey’s Political Thriller

By: EBR | Thursday, July 11, 2019

As Turkey continues to forge its own economic and political path, the issue is how much more damage the current system of governance will inflict on the country, and how long and costly fixing the destruction will be

Kim Jong Un told Trump that "I did not expect to see you at this place," before reminding him he would be the first U.S. president to cross into North Korea. Kim could be seen clapping when Trump actually stepped onto North Korean territory.Later, while being questioned by American reporters, Kim lauded Trump for a "determined and courageous visit" designed to "bring an end to the unpleasant past."

Trump scores big at trip to Asia, G20 and North Korea summit

By: EBR | Thursday, July 4, 2019

In a made-for-television event with more symbolism than substance, President Donald Trump met Sunday Kim Jong Un in the Demilitarized Zone between North and South Korea and became the first U.S. president to step onto North Korean territory

In short, our mission is simple, albeit not easy: throughout the entire six months of the exhibition, to offer artists a place where they can dialogue as freely as possible and offer visitors an intense encounter with art.

Paolo Baratta: "We must go against the mainstream of the moment"

By: EBR | Friday, June 28, 2019

The President of La Biennale di Venezia, Paolo Baratta, speaks to EBR about the 58th International Art Exhibition

European diplomats and Japan’s Prime Minister Shinzo Abe have traveled to Tehran in a bid to rescue the deal, which Iran has threatened to disown, and to reduce tensions between Washington and Tehran. But so far, to no avail. This is because the political dynamics surrounding the deal have fundamentally changed since Barack Obama left the White House in 2017. The new circumstances show how the Europeans have no political or strategic influence either in rescuing the nuclear deal in particular or in stabilizing the region in general.

Europe’s Absence in the Middle East

By: EBR | Thursday, June 27, 2019

The dangerous standoff between Iran and the United States has exposed Europe’s political and strategic weakness and its inability to exert any influence in the region

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EU Actually

Russia and China warn the EU about Euroclear billions

N. Peter KramerBy: 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

Can the EU Meet the Trump Moment?

Can the EU Meet the Trump Moment?

The second term of U.S. President Donald Trump is pushing Europeans to strengthen their capacity for collective action. But their biggest challenge comes from within: U.S.-backed radical-right parties that want to weaken the EU.

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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