The Foreign Office has dealt a blow following an apparent recognition by the European Union of the Argentine name for the Falkland Islands. EU chiefs met with 33 Latin American countries, known as the Community of Latin American and Caribbean States (CELAC), in Brussels earlier this week and signed the EU-CELAC summit declaration (pdf). The…
Nine Members of the European Parliament Condemn HK National Security Law on Its 3rd Anniversary
On June 30, European Parliament Informal Hong Kong Watch Group published a joint letter signed by nine members of the European Parliament Condemning the National Security Law implemented in Hong Kong for three years. The letter was addressed to President of the European Commission Ursula von der Leyen in hopes of calling for European Member…
2023: A Year of Surprises
July 3, 2023
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2023Business & MarketsECBEUeurozoneFederal ReserveinflationInvestmentMarketsOpinionUSViewpointsWorld
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Commentary Bank failures, an artificial intelligence-led bull market, persistent inflation, eurozone recession, France engulfed in riots, and perhaps the biggest U.S. presidential corruption scandal ever. Looking back on the first half of 2023, it is hard to believe the extraordinary events and outright surprises of recent months. Some of the possibilities I forecast in January…
[PREMIERING NOW] Twitter Bows to EU Censorship as New Global Info Controls Roll Out
After a long bout with Europe’s information police, Twitter CEO Elon Musk has confirmed that Twitter will bow to new laws on censorship currently being rolled out under the European Union. The news comes from an interview Musk gave on French TV. During a back and forth with the interviewer, Musk defended the rights of…
Twitter Bows to EU Censorship as New Global Info Controls Roll Out
After a long bout with Europe’s information police, Twitter CEO Elon Musk has confirmed that Twitter will bow to new laws on censorship currently being rolled out under the European Union. The news comes from an interview Musk gave on French TV. During a back and forth with the interviewer, Musk defended the rights of…
[PREMIERING 7:00PM ET] Twitter Bows to EU Censorship as New Global Info Controls Roll Out
After a long bout with Europe’s information police, Twitter CEO Elon Musk has confirmed that Twitter will bow to new laws on censorship currently being rolled out under the European Union. The news comes from an interview Musk gave on French TV. During a back and forth with the interviewer, Musk defended the rights of…
Global Economic Surprise Index Plummets
Commentary Investor sentiment is clearly bullish. The CNN Fear and Greed Index for June 18, 2023, stood at 82, which signals “extreme greed.” This is a drastic, optimistic move after closing at “greed” (56 over 100) a month before and “extreme fear” (17 over 100) only one year ago. However, in the same period, the…
Australia Willing to Walk Away as EU Trade Negotiation Stalls
The Australian government has expressed that it will stop pursuing a free trade agreement with the European Union (EU) if the deal is not in the country’s national interest. This comes after Trade and Tourism Minister Don Farrell returned from his recent trip to Belgium to negotiate the trade deal. The EU has demanded Australia…
Congress Bill Wants AI Content to Be Labeled
June 6, 2023
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AIartificial intelligenceBusiness & MarketsCompaniescongressEUMedia & Big TechPoliticsregulationTechUS
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Content created by Artificial intelligence (AI) could soon be labeled as such, as a bill has been prepared in Congress for its regulation. Rep. Ritchie Torres (D-N.Y.) is planning to introduce a bill that will require any content produced by AI—whether it be text, image, or video—to have a disclaimer attached to it informing that…
EU Seeks Top Court Backing in $14 Billion Tax Fight Against Apple
LUXEMBOURG—EU competition regulators appealed to the bloc’s highest court on Tuesday to override a lower tribunal and make Apple pay a record 13 billion euros ($14.3 billion) in Irish back taxes. The case, which has far-reaching implications for corporate tax bills, is the most high-profile of EU antitrust chief Margrethe Vestager’s campaign against sweetheart deals…
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