DIRS.INFO The most relevant business & tech news

☆ Trump’s bombardment of dishonesty: Fact-checking 32 of his false claims to Time
▼ + stars: | 2024-05-04 | by ( Daniel Dale | ) edition.cnn.com time to read: +43 min

We’re paying for close to 100% of NATO.”Facts First: Trump’s claim is false. They don’t pay their bills.”Facts First: Trump’s claim is false. (It rose to about $314 billion in 2020, Trump’s last full year in office.) Facts First: Trump’s claim is false. Facts First: Trump’s claim that “nobody died other than Ashli” is false.

Persons: Donald Trump, Trump, “, William Barr, Bill Barr, Barr, Bill, I’m, ”, it’s, Biden, Joe Biden, Tamar Hermann, Hermann, Bill Clinton, “ Trump, ” Trump, …, National Guard Trump, I’ve, George Floyd, Tim Walz, Walz, Paul —, –, Erwan, George Washington, “ don’t, they’re, Stoltenberg, Trump’s, Lagadec, Marc Lipsitch, Barack Obama, European Union won’t, Cortellessa, “ Moody’s, Moody’s, Mark Zandi, Zandi, ’ ” Zandi, Joe Biden’s, rioter Ashli Babbitt, Brian Sicknick, Sicknick, Trump’s ‘, patriotically, ‘, patriotically ’, ” Nancy Pelosi, Nancy Pelosi, “ Nancy Pelosi, Pelosi, Christopher Miller, Miller, Eric Cortellessa, Alvin Bragg’s, Bragg, Matthew Colangelo, Colangelo, Alvin Bragg, ” Cortellessa, Hillary Clinton, —, Roe, Wade, Kimberly Mutcherson, “ Donald Trump’s, Maya Manian, Mary Ziegler, Davis, Ziegler, Ruth Bader Ginsburg, Roe should’ve, ’, Crime Biden, don’t, “ Biden, he’s, James Biden, Jeff Asher, Asher, It’s, ” “, ” Asher Organizations: Washington CNN, Time, Trump, NATO, Capitol, Trump’s, Trade Center, didn’t, World Trade Center, Department, ISIS, CNN, Democratic, White House, White, South Korea Trump, Pentagon’s Defense Manpower Data, Biden Administration, Congressional Research Service, Israel, Israeli Democracy Institute, National Guard, Minnesota Democratic Gov, Minnesota National Guard, Guard, North Atlantic Treaty Organization, George Washington University’s Elliott School of International Affairs, Transatlantic, for Disease Control, World Bank, Washington Post, Harvard, Harvard’s, National, Trump -, of Health, Human Services, Strategic, Biden, U.S . International Trade Commission, European, Benz, Volkswagen, BMW, European Union, US, European Automobile Manufacturers ’ Association, Bloomberg Economics, US Capitol Police, Capitol Police, “, Republican, Democratic Rep, National Guardsmen, District of Columbia National Guard, Army, Capitol Police Board, Senate, Justice Department, Pulitzer Foundation, Pulitzer, New York Times, Electoral, Democrat, ” Rutgers Law, American University, university’s Health, University of California, ”, Customs, Border Protection, Crime, Manchurian, Republicans, FBI Locations: “, New York City, Saudi, Florida, al Qaeda, New York, Texas, Mexico, South Korea, Trump , South Korea, South, Korea, Israel, Washington, Trump , Minneapolis, Minneapolis, Trump, Minnesota, St, United States, Germany, Brussels, Belgium, Harvard University, China, EU, DC, Trump’s, ”, York, Manhattan, York’s, Russia, That’s

☆ Marine moved from the U.S. to Brussels with her family—our mortgage is under $3,000/month: Take a look inside
▼ + stars: | 2024-05-04 | by ( Jessica Van Dop Dejesus | ) www.cnbc.com time to read: +6 min

My husband Martin and I met in Brussels in 2012, when I literally stepped on his toes at my neighborhood farmer's market. We ultimately chose Brussels, the capital of Belgium and the administrative center of the European Union. Take a look inside our apartmentWe live in a street-level duplex in a building with only three apartments. She loves that she and her family can host dinner parties in the dining room. Federico CampanaleThe bedrooms, laundry room, storage, and bathroom are on the bottom floor.

Persons: Martin, we'd, he'd, Jessica, Jessica van Dop, I'd, Federico Campanale, it's, We've, Saint Gilles Organizations: NATO, Washington , D.C, Pentagon, Marine Corps, European Union Locations: Brussels, Netherlands, Washington ,, Europe, Rotterdam, Belgium, Saint Gilles, Puerto Rico, Western New York, Our, Saint, Eastern, Puerto Rican

☆ China’s Xi is visiting Europe for the first time in five years – his goodwill tour will be an uphill struggle
▼ + stars: | 2024-05-04 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Major breakthroughs with China’s toughest critics will be hard to come by unless Xi is ready to make surprise concessions. And the trip could instead serve to underscore divisions – not only between Europe and China – but those within Europe that could play to China’s favor, analysts say. Chinese President Xi Jinping and French President Emmanuel Macron visit a garden in Guangdong during Macron's state visit to China last April. Putin has said he plans to visit China this month, according to Russian state media. Xi may also look to highlight Chinese investments in both Belgrade and Budapest in a message to the rest of Europe.

Persons: Xi Jinping, Andrea Bocelli, –, Xi, China –, ”, Noah Barkin, Hungary –, Ursula von der Leyen, Emmanuel Macron, Von der Leyen, Olaf Scholz, Chong Ja Ian, “, Chong, Jacques Witt, China’s, Macron, Russia …, Wang Yiwei, Vladimir Putin, Putin, Aleksandar Vučić, Viktor Orban – Organizations: CNN, European Union, Ukraine, German Marshall Fund of, EU, “, National University of Singapore, Getty, Beijing’s Renmin University, NATO, Reuters, EV Locations: China, Italy, France, Germany, United Kingdom, Russia, “ China, Europe, Berlin, United States, Serbia, Hungary, Beijing, Paris, “ France, North America, Guangdong, Ukraine, Switzerland, Barkin, “, Belgrade, Budapest, Balkans, Balkan

☆ UK local election results deal blows for Prime Minister Rishi Sunak
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK local election results deal blows for Prime Minister Rishi SunakPhilip Rycroft, the former permanent secretary for exiting the European Union, joins Squawk Box to discuss the results from the U.K. local elections.

Persons: Rishi Sunak Philip Rycroft Organizations: European Union

☆ Georgia rocked by protests as government pushes Putin-style ‘foreign agent’ bill
▼ + stars: | 2024-05-03 | by ( Christian Edwards | ) edition.cnn.com time to read: +9 min

CNN —After spending his days making wine in the foothills of the Caucasus Mountains, Tsotne Jafaridze returns home to Tbilisi, Georgia’s capital, and begins his new routine. Jafaridze, who also owns a travel business and says he receives 95% of his income from foreign sources, says he would “immediately” be listed as a foreign agent under the broadly-written law. But the government reintroduced the same bill in March and appears determined to force it through, despite protests that grow fiercer every week. Despite recent Russian aggression against Georgia, Georgian Dream has long been accused of harboring pro-Russian sympathies and its billionaire founder, Bidzina Ivanishvili, made his fortune in the Soviet Union. Bidzina Ivanishvili addresses a rally in support of the "foreign agent" law in Tbilisi, April 29, 2024.

Persons: Jafaridze, ”, Vladimir Putin, “, Giorgi Arjevanidze, isn’t, ” Natalie Sabanadze, –, Levan Khabeishvili, Khabeishvili, Bidzina Ivanishvili, ” Buziashvili, Ivanishvili, Bidzina, Shakh, Sabanandze, Irakli Kobakhidze, Kobakhidze, ” Sabanadze, Viktor Orban, Europe’s, Matthew Miller, Washington, Georgia “, Irakli Gedenidze, Viktor Yanukovych, doesn’t Organizations: CNN, European Union, Getty, EU, United National Movement, National Security Council, Soviet Army, Soviet Union, Belarus ’, Party, Georgian, Conservative Political, United, State Department, Protesters, Reuters Locations: Caucasus, Tbilisi, Georgia’s, Russia, Georgian, Russian, Soviet, AFP, Brussels, Georgia, Belarus, Ukraine, Soviet Union, Hungary, Hungarian, United States, stoke, ”

Security forces clashed with protesters in Georgia’s capital on Wednesday night after the Eastern European nation’s Parliament advanced controversial new legislation that has ignited weeks of demonstrations. Since the governing party, Georgian Dream, pushed a bill through Parliament early last month that the pro-Western opposition believes could be used to crack down on dissent and hamper the country’s efforts to join the European Union, protesters have taken to the streets of the capital, Tbilisi, night after night. Their numbers swelled on Wednesday after Parliament approved the bill in the second of three required votes.

Organizations: European Union Locations: Georgian, Tbilisi

☆ OpenAI rival Anthropic launches its first smartphone app
▼ + stars: | 2024-05-02 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +2 min

Anthropic has launched a mobile app for its AI chatbot, Claude. The app, a rival to OpenAI's ChatGPT, allows users to sync conversations and analyze photos. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOpenAI rival Anthropic launched its first smartphone app on Wednesday, a mobile version of its artificial intelligence chatbot called Claude. Both of these features are available on rival ChatGPT.

Persons: Anthropic, Claude, OpenAI's, —, ChatGPT, Dario, Daniela Amodei, Andreessen Horowitz Organizations: Amazon, Google, Service, Union, Services, Microsoft, Sequoia Capital, K2 Locations: Canada, OpenAI

☆ The world's happiest countries are targeting net-negative emissions — despite a growing 'greenlash'
▼ + stars: | 2024-05-01 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

It is aiming to be the first high-income country to reach net zero emissions in 2035 and net negative by 2040. Denmark, which the World Happiness Report recognized as the world's second-happiest country, is targeting net zero by 2045 — and net negative by 2050. Thierry Monasse | Getty Images News | Getty ImagesDanish Climate Minister Lars Aagaard said the need for negative emissions was clear. He added that Denmark's ability to achieve net negative emissions would hinge upon policies implemented over the next five to seven years. Sopa Images | Lightrocket | Getty Images

Persons: Sergei Gapon, Thierry Monasse, Lars Aagaard, Denmark's Aagaard, —, Stefano Guidi, Donald Trump, Joe Biden, Trump, Biden, Kai Mykkänen, Mykkänen, Moscow … Organizations: Afp, Getty, Atlantic ., Agriculture Ministers, CNBC, Lars Aagaard Danish Climate, United Arab Emirates, Union, Nationalist, Former U.S, Finnish Climate Locations: Copenhagen, Denmark, Atlantic, Atlantic . Finland, Finland, Brussels, Belgium, Lars Aagaard Danish, Panama, Europe, Germany, France, Turin, Italy, U.S, November's, Paris, Finnish, Helsinki, Montreal, Beijing, Moscow, of Finland, Neva Guba

The American right’s growing embrace of Orbán builds upon millions of dollars that his government has spent on lobbying in the US, and new connections between Hungarian and American conservative think tanks. “Make America great again, make Europe great again!” Orbán declared in English, before continuing in Hungarian: “Go Donald Trump! Conservatives from around the US, Europe and beyond traveled to Budapest for the two-day event, which was organized by a Hungarian government-funded think tank. Two American nonprofits that are actively planning policies for a second Trump term have shown an interest in Hungary and Orbán’s model. But some of the American conservatives who flew into the country for CPAC seemed more focused on the optics of Budapest than on democratic rights.

Persons: crackdowns, “, Viktor Orbán, Orbán, Donald Trump’s, ” Orbán, Donald Trump !, ” Trump, ”, Trump, Steve Bannon, President Trump, Gladden Pappin, Szilard Koszticsak, White, ” Pappin, “ saviors, Bannon, Kari Lake, Mark Meadows, Andy Harris, Zoltan Mathe, Paul Gosar, Christopher Rufo, István, Ron DeSantis, Trumpists, Kim Lane Scheppele, Orbán’s, Zsuzsanna Szelényi, ” Szelényi, Márton Gulyás, influencers strode, Joey Mannarino, ” Kyung Lah, Anna, Maja Rappard, Casey Tolan, Curt Devine Organizations: Hungary CNN —, Republican, Conservative, Trump, European Union, Hungarian Institute of International Affairs, Conservative Political, “ Conservative, White House, ”, Republican Arizona, CNN, Department of Justice, Southern Poverty Law, Heritage Foundation, America, Policy Institute, Institute, Florida Gov, Princeton Locations: Budapest, Hungary, American, Europe, Lago, Dallas, America, Hungarian, Arizona, United States, Paul Gosar of Arizona, Florida, “ Hungary, marveled, New York, Washington

☆ Ancient text reveals details of Plato’s burial place and final evening, experts say
▼ + stars: | 2024-04-30 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +3 min

It was previously only known that he was buried in the academy, but not specifically where, Ranocchia told CNN Tuesday. A statue of ancient Greek philosopher Plato in Athens, Greece. Brigida Soriano/AlamyThe text also provides more detail about Plato’s final night – and he wasn’t a fan of the music that was played. The project, called the Greek Schools project, is a five-year study using various technologies and methods to help decipher the fragile papyri. “The new readings often draw on new and concrete facts about Plato’s Academy, Hellenistic literature, Philodemus of Gadara and ancient history in general.”

Persons: Plato, Graziano Ranocchia, Ranocchia, Roman general Sulla, Brigida Soriano, ”, ” Ranocchia, Socrates, Julius Caesar, Lorenzo Di Cola, ” Kilian Fleischer Organizations: CNN, Platonic Academy of Athens, of Philology, University of Pisa, Platonic, Spartans, University of Naples, European Union, ERC – European Research Council, Greek Schools, Plato’s Academy Locations: Vesuvius, Athens, Greece, Thrace, Naples, Mesopotamia, Aegina, Sicily, Herculaneum, Italy

☆ Meta hit with major EU probe into disinformation handling ahead of European elections
▼ + stars: | 2024-04-30 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Meta on Tuesday was hit by the European Commission — the executive body of the European Union — with a major investigation into its compliance with the EU's strict internet content rules. The Commission said it is investigating Meta over concerns the company hasn't done enough to ensure effective combatting of disinformation ahead of upcoming European Parliament elections. The European Parliament elections are due to take place on June 6-9. "We look forward to continuing our cooperation with the European Commission and providing them with further details of this work."

Persons: Mark Zuckerberg, Meta Organizations: Dirksen, Meta, European Commission, European, DSA, Services, EU, Facebook, CNBC Locations: Washington ,

☆ Europe may need to impose tariffs of up to 55% to curb Chinese EV imports: report
▼ + stars: | 2024-04-30 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Vehicles set to be shipped to Europe, at Taicang Port on Dec. 19, 2022, in Suzhou, China. The European Union will need to levy higher-than-expected tariffs of up to 55% on Chinese electric vehicles to curb their imports into the bloc, according to a new analysis by Rhodium Group. The findings, released Monday, come amid the EU's ongoing anti-subsidy investigation into EV imports from China. Rhodium Group, which expects the EU to impose tariffs in the 15% to 30% range on Chinese EVs, said those tariffs were unlikely to be enough to check competition from China. Chinese EV makers are locked in an intense price war in their home market.

Persons: Tesla Organizations: Taicang Port, European, Group, EV, EU Locations: Europe, Taicang, Suzhou, China

☆ Brexit border checks: Britain braces for less choice and higher prices on food imports
▼ + stars: | 2024-04-30 | by ( Hanna Ziady | Anna Cooban | ) edition.cnn.com time to read: +10 min

The new regime for food imports is perhaps the starkest example of the painful border bureaucracy that UK and EU businesses must contend with in the wake of Brexit. An additional cost of that scale will “significantly increase food prices and reduce choice,” the federation’s CEO Phil Pluck wrote in a letter to environment and food minister Steve Barclay earlier this month. But here too Brexit hasn’t helped, ending as it did the free movement of EU workers on whom British farmers had relied for decades. In addition to Brexit-related challenges, UK farmers have been squeezed by soaring input costs, including those of fertilizer, energy and labor. “I’m not hugely in favor of subsidies, I’m in favor of fair food prices,” Maddocks said.

Persons: Eddie Price, ”, Phil, Steve Barclay, Andrew Aitchison, Andrew Opie, “, Jack Bobo, “ It’s, Price, hasn’t, ” Tom Bradshaw, “ You’re, Chris Ratcliffe, Brexit, ” Philip Maddocks, I’m, ” Maddocks Organizations: London CNN, European Union, EU, Britain, Birmingham Wholesale, CNN, Chain Federation, British Retail Consortium, University of York, Food Systems, University of Nottingham, Birmingham Wholesale Market, Bank, National Farmers ’ Union, Bloomberg, Getty, PDM Locations: United Kingdom, Britain, France, Spain, artichokes, Italy, Birmingham, Dover, Port, Netherlands, Ireland, Germany, North Africa, England, Sandwich, Australia, New Zealand, English, Shropshire

☆ A Proposed Law Targeting ‘Foreign Interests’ in Georgia Riles the Opposition
▼ + stars: | 2024-04-30 | by ( Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

For the past month, the Georgian capital of Tbilisi has been engulfed in turmoil. Protesters have taken to the streets of the city night after night. A fistfight broke out between legislators in the country’s Parliament. And over the weekend, there were clashes between police and protesters at a large demonstration in the center of the city. The government backed down on a previous attempt to pass the law last year after facing massive protests, but this time appears determined to push it through Parliament.

Persons: fistfight Organizations: European Union Locations: Tbilisi, country’s, Georgian

☆ Nearly 47 child migrants a day vanished in Europe since 2021, research reveals
▼ + stars: | 2024-04-30 | by ( Carlotta Dotto | ) edition.cnn.com time to read: +6 min

CNN —Around 47 children vanish every day in Europe, according to new research by cross-border journalism collective Lost in Europe showing more than 50,000 child migrants went missing after arrival over the past three years. The research builds on findings released in 2021 that revealed at least 18,000 child migrants disappeared upon arrival in Europe in the three years from January 2018 to December 2020. Out of 31 contacted countries, Lost in Europe received 20 responses, with seven lacking required data and 11 not responding — representing an improvement from 12 responses overall in 2021. Other significant countries of origin include Syria, Tunisia, Egypt, and Morocco, according to the data collected by Lost in Europe. Lost in Europe is a not-for-profit cross-border journalism project investigating the disappearance of child migrants in Europe.

Persons: Aagje Ieven, Ieven, ”, “, Maja Hitij, Patricia Durr, Adam Berry Organizations: CNN, Ghent University, United Nations, Lost, ECPAT, Austrian Ministry of, European Union, Migration Network Locations: Europe, Austria, Germany, Italy, Slovakia, Belgium, Switzerland, Ghent, Eisenhuttenstadt, Afghanistan, Syria, Tunisia, Egypt, Morocco, ”, Moria, Mytilene, Greece

☆ Apple’s iPad will be subject to tough EU competition rules
▼ + stars: | 2024-04-29 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —Apple’s iPad will face heightened regulation in the European Union after officials labeled its operating system Monday as a key gatekeeper technology under EU competition law. The stricter regulations require, for example, that the iPad not restrict third-party companies from accessing Apple services. And they prohibit Apple from giving its own services preferential treatment on the iPad compared to those offered by competitors. Apple is already subject to European gatekeeper obligations on iOS and in its app store and browser. “We will continue to constructively engage with the European Commission to comply with the DMA, across all designated services,” Apple said in a statement.

Persons: Margrethe Vestager, iPadOS didn’t, “, Vestager, ” Apple, ” Organizations: CNN, European Union, Google, Microsoft, Apple, European Commission Locations: European

☆ EU investigates Meta over fears of election interference and foreign disinformation
▼ + stars: | 2024-04-29 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

Officials said the investigation highlights apparent violations of Europe’s signature law governing online platforms, the Digital Services Act. They added that Meta’s tools for users to report illegal content don’t appear to align with the DSA’s requirements, either. The investigation comes after Meta submitted required materials to the European Commission last fall outlining how it manages perceived risks linked to its products. Without it, the European Commission said, users and researchers will have less visibility into what is happening on Meta services and could have a harder time detecting foreign election interference. “We look forward to continuing our cooperation with the European Commission and providing them with further details of this work.”

Persons: Meta, CrowdTangle, “, ” Organizations: CNN — European Union, European Commission, Officials, Digital Services, European, Facebook

☆ G7 agrees to shut down coal plants by 2035, UK minister says, in climate breakthrough
▼ + stars: | 2024-04-29 | by ( Angela Dewan | ) edition.cnn.com time to read: +3 min

CNN —Ministers from the Group of Seven nations have agreed to shut down all their coal plants by 2035 at the latest, a UK minister said on Monday, in a climate policy breakthrough that could influence other countries to do the same. Putting an end date on coal — the most climate-polluting fossil fuel — has been highly controversial at international climate talks. Many of the other G7 nations already have national plans in place to phase out the fossil fuel. “Coal might be the dirtiest, but all fossil fuels need to be ultimately phased out,” he said. Energy, environment and climate ministers are meeting in Turin for talks that are expected to end on Tuesday.

Persons: ” Andrew Bowie, ”, Dave Jones, “ Organizations: CNN, Japan, Department for Energy Security, CNBC, Turing, UK Ministry for Energy, US State Department, Energy, European Union Locations: Italy, COP28, Dubai, France, Canada, United States, Japan, Turin, Germany, United Kingdom, China, India, Saudi Arabia, Russia

☆ He visited Italy for the first time and bought a house within 24 hours
▼ + stars: | 2024-04-28 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +10 min

“I had been to various countries in the European Union on several occasions but never Italy, though it was on my list. Millet says that he began planning to travel to Italy to buy a house back in 2019, but was thwarted by Covid-19. “The prices of the houses were super-attractive, especially coming from the Los Angeles area, and the Latronico properties were for the most part in good shape. “At the end of the day, I bought my place and began thinking about renovations and the future,” he adds. Sunset cocktailsThe house Millet bought has only one bedroom but came with two large basements.

Persons: you’re Paul Millet, you’ve, Millet, ”, “, Covid, he’d, Paul Millet, he'll, Vincenzo Castellano, Latronico, ” Millet, Vincenzo Castellano Millet, Latronico’s peacefulness, “ It’s, I’ve, “ Franca, he’s, “ That’s, Latronico’s, Castellano Organizations: CNN, European Union, ” Locations: Italy, Italy’s Basilicata, Los Angeles, Basilicata, Ireland, Latronico, LA, Maui

☆ 'You can live like a king' by retiring in Europe, says CFP—but make these 3 moves first
▼ + stars: | 2024-04-28 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

"If you have that money in southern Italy, you can live like a king, including renting or purchasing a property." If you're hoping to retire in style while keeping costs low, a European retirement may be right for you. That's true for luxury vacation hotspots such as Lake Como and Saint-Tropez, though you may not find what you're looking for in those places anyway. So they have beaches, a walkable town, restaurants, bars, trains — they live on the main line," Sikes says. "There are zero restrictions on Americans buying property in Italy or France," Sikes tells CNBC Make It.

Persons: Tommy Sikes, Sikes Organizations: CNBC, European Union Locations: France, Italy, United States, U.S, York, Los Angeles, Europe, Paris, Rome, Milan, Como, Saint, Ireland, Cyprus

☆ Lessons in Democracy From F.C. Porto
▼ + stars: | 2024-04-26 | by ( Rory Smith | ) www.nytimes.com time to read: +1 min

Few, though, will prove quite so virulent — or offer quite such an instructive case study of the state of democracy in 2024 — as the one to decide who gets to be president of F.C. Like dozens of clubs around Europe, Porto — one of the three great houses of Portuguese soccer — is owned by its members. Only a small percentage of members vote. The choice is usually between two essentially indistinguishable old men, when there is a choice at all. Until the last round of elections, in 2020, Porto had been a democracy in only the most nominal sense.

Persons: — Organizations: European Union, F.C, Porto Locations: Porto, Europe, Porto —

☆ 'Americans just work harder' than Europeans, said the CEO of Norway's $1.6 trillion oil fund
▼ + stars: | 2024-04-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

The CEO of Norges Bank told the FT that he thinks Americans work much harder than Europeans. AdvertisementEuropeans are less ambitious and don't work as hard as Americans, said Nicolai Tangen, the CEO of Norway's $1.6 trillion oil fund. In Europe, you're dead," Tangen told The Financial Times in an interview published on Wednesday. "I should be careful about talking about work-life balance, but the Americans just work harder." It's true that Americans, on average, work longer hours than their European counterparts, according to data collected from 2019 to 2022 by the Organisation for Economic Co-operation and Development.

Persons: Nicolai Tangen, —, Tangen, That's, they've Organizations: Norges Bank, Service, Financial Times, Norges, Apple . Norges Bank, Organisation for Economic Co, Development, European Union, OECD Locations: America, Europe, European

☆ TikTok suspends TikTok Lite rewards program in the EU amid regulatory scrutiny
▼ + stars: | 2024-04-25 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Washington CNN —TikTok said Wednesday it would suspend a controversial program in the European Union that has prompted growing alarm among EU regulators. The program at issue appears within TikTok Lite, a less data-intensive version of TikTok’s main app, and which contains a feature that rewards users with cash for engaging with TikTok content and app features. “TikTok always seeks to engage constructively with the EU Commission and other regulators,” TikTok said in a post on X. “We are therefore voluntarily suspending the rewards functions in TikTok Lite while we address the concerns that they have raised.”The EU warnings to TikTok reflected an exercise of new oversight powers granted by the Digital Services Act, the trading bloc’s recently enacted law governing online platforms. TikTok also faces further, additional fines of up to 6% of its global annual revenue if the TikTok Lite feature is determined to be in violation of the DSA.

Persons: Washington CNN — TikTok, TikTok, “, “ TikTok, ” TikTok, Joe Biden Organizations: Washington CNN, European Union, European Commission, EU Commission, Digital Services, TikTok, Commission, DSA, Wednesday Locations: European, Europe, United States, Israel, Ukraine

☆ Macron, Battling the Far Right at Home, Pushes for a Stronger Europe
▼ + stars: | 2024-04-25 | by ( Roger Cohen | Aurelien Breeden | ) www.nytimes.com time to read: +1 min

The nearly two-hour speech reflected Mr. Macron’s conviction that only a reinforced and “sovereign” European Union — a “Europe power,” as he puts it — can save the continent from strategic irrelevancy in an unstable world that is dominated by the United States and China and confronting wars in Europe and the Middle East. “We must be lucid about the fact that our Europe is mortal,” Mr. Macron declared before an audience of government ministers, European ambassadors and other dignitaries. “It can die. It can die and whether it does depends entirely on our choices.”The speech, at the Sorbonne University in Paris, was a follow-up to one that Mr. Macron gave in the same location in September 2017. Then, Mr. Macron discussed the future of Europe and the European Union as a young, recently elected and disruptive president still enjoying a political honeymoon.

Persons: Emmanuel Macron, Mr, Macron Organizations: ”, Sorbonne University, European Union Locations: France, Europe, Ukraine, United States, China, Paris

☆ EU raids offices of Chinese security equipment maker in subsidy probe
▼ + stars: | 2024-04-24 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +4 min

London CNN —European Union officials have raided the offices of a Chinese company as part of a probe into subsidies, exposing rising tensions between the bloc and one of its biggest trading partners. The European Commission said Tuesday that it carried out “unannounced inspections” at the premises of a company making and selling security equipment in Europe, which it suspects may have benefited unduly from state subsidies. “The commission has indications that the inspected company may have received foreign subsidies that could distort the (EU’s) internal market,” the EU’s executive body said in a statement on its website. The China Chamber of Commerce to the EU said Wednesday that it had been informed that a Chinese company was the target of the investigation. The Foreign Subsidies Regulation, which came into force last July, is aimed at addressing market distortions caused by subsidies from foreign governments and ensuring that EU companies are competing on a level playing field.

Persons: “, ”, ” Ursula von der Leyen, Janet Yellen Organizations: London CNN — European Union, European Commission, China Chamber of Commerce, EU, CNN Locations: Europe, Poland, Netherlands, Romania, China, Puglia, Italy, United States, Beijing

Search resuls for: "European Union"

25 mentions found