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☆ Stripe, Wise founders want a 'tech renaissance' in Europe to help region rival Silicon Valley
▼ + stars: | 2024-10-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Founders of some of Europe's largest technology unicorns on Monday backed an open letter calling for a "tech renaissance" fueled by the creation of a single pan-European entity to promote startups and innovation in the bloc. But because of that, our startup scene is fragmented," read the open letter, which was published Monday on a newly created website for the EU Inc initiative. This results in "stifled momentum, unrealized potential, and an artificial limit on our startups' chances of success." So-called 28th regimes are proposed legal frameworks within the EU that offer an alternative to member states' own national rules instead of replacing them. The new structure of EU Inc would "standardize investment processes, simplify cross-border operations, and create a unified employee stock options framework" to help European startups scale rapidly and attract more capital, according to a Monday press release.

Persons: Patrick Collison, Hinrikus, Eléonore Crespo, Ilkka Paananen, Miki Kuusi Organizations: EU Inc, Inc, EU, Wolt Locations: Europe, EU, Finnish

☆ Trade between the US and Germany is growing. Concerns over China might be driving the shift.
▼ + stars: | 2024-06-24 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

Trade between the US and Germany was 63.2 billion euros in the first quarter of 2024, edging out the 60 billion euros of trade between China and Germany, according to data from the German government. AdvertisementElectric vehicles are causing riftsAutomobiles are at the center of a new dispute between China and Germany. Nearly a third of German car sales in 2023 came from China, according to Reuters, leaving the industry vulnerable to a trade war. The slump in German exports to China is a sign of vulnerability in trade relations, according to the FT. In 2022, trade between China and Germany was 50 billion euros greater than that between Germany and the US.

Persons: —, Biden, EVs, Robert Habeck, Habeck, Oliver Rakau, Martin Wolf Organizations: Service, Business, European Union, Bloomberg, European Commission, BMW, Porsche, Volkswagen, Reuters, EU, European Union Chamber of Commerce, Atlantic Council, Oxford Economics, US, Trump, Biden Locations: China, Germany, Russia, Ukraine, West, Beijing, European, materializing, Red, Europe, Brussels

☆ China's Xi backs Macron call for global Olympic truce
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: +3 min

Emmanuel Macron, France's president, right, greets Xi Jinping, China's president, ahead of the state dinner marking the visit at the Elysee Palace in Paris, France, on Monday, May 6, 2024. Xi called on France to help fend off a "new Cold War" as the EU increasingly aligns with U.S. concerns over security risks and trade tensions. China's President Xi Jingping on Monday called for a global truce during the Olympic Games in Paris this summer after the French president and the head of the European Commission urged him to use his influence on Russia to end its war in Ukraine. As member of the United Nations Security Council and as a responsible country, China urges with France for a truce in the world during the Paris Olympic games," Xi said, speaking through an interpreter alongside Macron during a joint statement. Russia has previously been lukewarm about a truce saying Ukraine might use it as an opportunity to regroup and rearm.

Persons: Emmanuel Macron, Xi Jinping, Xi, Xi Jingping, Ursula von der, Macron, Vladimir Putin, Putin's Organizations: Olympic Games, European Commission, United Nations Security Council, Paris Olympic, Paris, Games, Paralympic Games Locations: Paris, France, EU, Russia, Ukraine, Europe, China, Moscow, Russian, Switzerland

☆ Battle for the Red Sea expands with U.S. strikes, EU stepping up its efforts against Houthis
▼ + stars: | 2024-02-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +9 min

Defense officials tell CNBC as of February 21, there have been at least 59 attacks on commercial shipping interests in the Red Sea. But the EU said the Red Sea moves reflect the need for a stronger European presence in protecting ships from Houthi attacks. Trade leaders have urged more countries to join the military effort in the Red Sea. A war of misinformation in the Red Sea crisis also continues. On February 2 in Brussels, Borrell informed Yemeni Prime Minister Bin Mubarak about the plans to launch a new EU maritime operation in the Red Sea and about its mandate.

Persons: Mason, Torm Thor, Good Hope, Peter Stano, Josep Borrell, Mark Montgomery, Sen, John McCain, Steven Lamar, Hussein, Azzi, Stano, Houthis, Borrell, Bin Mubarak, Rashad Al, Carl Bentzel, Bentzel, Tesla Organizations: European Commission, United States Central Command, Command, U.S, CNBC, European Union's Naval Force, EU, French Navy, Prosperity, Prosperity Guardian, EU Commission, Navy, Foundation, Defense of Democracies, Senate Armed, NATO, U.S . Central Command, UK, Prosperity Guardian . Trade, American Apparel and Footwear Association, Central Command, Yemeni, Presidential, Council, UN, Federal Maritime, Foreign Shipping, State Department, FMC, Walmart Locations: Aden, Iranian, Yemen, Red, Libyan Coast, Good, Somalia, European, EU, U.S, Australia, Bahrain, Canada, Denmark, Netherlands, New Zealand, Houthi, Europe, Suez, Belize, Brussels, Yemeni, United States, Egypt, Germany, Israel

☆ Putin's war with Ukraine has basically killed off one of Russia's most successful tech companies
▼ + stars: | 2023-11-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Putin's war in Ukraine may have killed off one of Russia's most promising tech companies. AdvertisementPutin's war in Ukraine has taken quite a toll on the country's most successful tech company. The Dutch-domiciled company owns Russia's most popular search engine, which is often referred to as "Russia's Google." AdvertisementIt was also one of the most promising Russian tech companies in terms of global expansion. The tech company has, however, come under increasing government scrutiny in recent years after Putin's invasion of Ukraine in February 2022.

Persons: —, Arkady Volozh, Volozh, Yandex Organizations: Yandex, Service, Bloomberg, Google, Reuters, VK Locations: Ukraine, Russian, Israel, Russia

☆ Australia says EU trade deal is likely years away after rejecting terms
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

The two sides have been negotiating since 2018, with Australia eager to boost agricultural exports by removing EU tariffs and expanding quotas, and Europe likely to gain greater access to Australia's critical minerals industry. "I came to Osaka with the intention to finalise a free trade agreement," Farrell said in a statement. "Negotiations will continue, and I am hopeful that one day we will sign a deal that benefits both Australia and our European friends." Watt said it would be some time before the Australian government and EU leadership would be able to negotiate a deal because of upcoming elections in EU. The EU signed a trade deal with New Zealand last year that lowered tariffs for EU exports including clothing, chemicals and cars, and allowed more New Zealand beef lamb, butter and cheese into the EU.

Persons: Don Farrell, Valdis Dombrovskis, Farrell, Murray Watt, Watt, David Jochinke, Peter Hobson, Gerry Doyle Organizations: CANBERRA, EU, Australian Trade, Australia, ABC Radio, New Zealand, Farmers ' Federation, Thomson Locations: Australia, Europe, Osaka, EU, Australian, New Zealand, Canada, South America, Zealand

☆ Australia, EU trade deal likely years away after talks fail
▼ + stars: | 2023-10-30 | by ( ) edition.cnn.com time to read: +2 min

Canberra — Australia has rejected European Union proposals for a free trade agreement, and a deal is now unlikely to be reached for several years, Australian government ministers said Monday. “I came to Osaka with the intention to finalize a free trade agreement,” Farrell said in a statement. “We just weren’t able to see the EU increase its offer for things like beef, sheep, dairy, sugar enough for us to think that this deal was in Australia’s national interest,” he told ABC Radio. The EU signed a trade deal with New Zealand last year that lowered tariffs for EU exports including clothing, chemicals and cars, and allowed more New Zealand beef, lamb, butter and cheese into the EU. “It’s disappointing the Europeans weren’t willing to put something commercially meaningful on the table,” National Farmers’ Federation President David Jochinke said in a statement.

Persons: Don Farrell, “, ” Farrell, ”, Murray Watt, —, Valdis Dombrovskis, Australia’s Watt, “ It’s, David Jochinke Organizations: Canberra, EU, Australian Trade, Australia, ABC Radio, New Zealand, National Farmers ’ Federation Locations: Australia, Europe, Osaka, New Zealand, Canada, South America, Zealand

☆ Chipmaker Taiwan seeks other EU trade deals given investment agreement 'a long shot'
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

Taiwan has repeatedly called for progress on a Bilateral Investment Agreement (BIA) with the EU. The EU included Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, but has not held talks with Taiwan on the issue since. "In that regard of course we have long been promoting a bilateral investment agreement between the EU and Taiwan. However, we know that's a long shot," said Chen, who visited the European Commission in June. Taiwan Semiconductor Manufacturing Corp (2330.TW), the world's largest contract chipmaker, announced last month a 3.5 billion euro ($3.75 billion) investment in Germany for the company's first factory in Europe.

Persons: Chen Chern, chyi, Chen, Filip Grzegorzewski, Tsai Ing, Ben Blanchard, Gerry Doyle Organizations: European Union, EU, European, European Commission, Taiwan Semiconductor Manufacturing Corp, chipmaker, BIA, Trade Organisation, Thomson Locations: TAIPEI, Taiwan, Europe, Asia, EU, Germany

☆ Mercosur reply on trade deal addendum already sent to EU, Brazil minister says
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, Sept 6 (Reuters) - Brazil's Foreign Relations Minister Mauro Vieira said on Wednesday the Mercosur bloc of Brazil, Argentina, Paraguay and Uruguay has already sent the European Union their position on an European addendum to their long-awaited trade agreement. Mercosur's counterproposal follows a so-called side letter from the EU including environmental safeguards to address strong reservations expressed by many EU member countries about the deal, which has been under negotiation for two decades. Reporting by Gabriel Araujo; Editing by Kylie MadryOur Standards: The Thomson Reuters Trust Principles.

Persons: Mauro Vieira, counterproposal, Gabriel Araujo, Kylie Madry Organizations: SAO PAULO, Foreign, Mercosur, European Union, Thomson Locations: Brazil, Argentina, Paraguay, Uruguay

☆ Taiwan pitches deeper Europe engagement after TSMC Germany investment
▼ + stars: | 2023-08-09 | by ( Ben Blanchard | ) www.reuters.com time to read: +3 min

TAIPEI, Aug 9 (Reuters) - Taiwan chipmaker TSMC's (2330.TW) 3.5 billion euros ($3.83 billion) investment in Germany will drive deeper engagement between the island and Europe, Taiwan's economy minister said on Wednesday, pitching the political benefits of the deal. "TSMC's investment in Europe will help bring even closer cooperation between Taiwan and the EU," Taiwan Economy Minister Wang Mei-hua told reporters in Taipei, when asked if signing the BIA would get more Taiwanese chipmakers to the bloc. Taiwan has repeatedly called for progress on a BIA with the European Union. The EU included Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, but it has not held talks with Taiwan on the issue since. The TSMC investment in Germany will need approval by Taiwan's economy ministry, and Wang said they will also consider the company's "vigorous" investments at home when weighing the German plans.

Persons: Wang Mei, Wang, TSMC, Ben Blanchard, Jeanny Kao, Stephen Coates Organizations: European Union, BIA, Washington, EU, Trade Organisation, Reuters, Thomson Locations: TAIPEI, Taiwan, Germany, Europe, Beijing, Taipei, United States, Japan

☆ Taiwan seeks closer EU ties in return for chip investment
▼ + stars: | 2023-06-17 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +3 min

Overseas investments by Taiwan Semiconductor Manufacturing Corp (TSMC), the world's largest contract chipmaker, need government approval, including for a potential factory in Germany. Wu said Taiwan would not block investment in Europe, but there was a "philosophical issue" that a country wanting Taiwanese help needed to consider a broader picture of relations with Taiwan. "If they can think along that positive line, the relations between Taiwan and European countries, major European countries, are going to be so much better than before," said Wu. Taiwan has no formal diplomatic ties with any European country except the Vatican and China warned Europe against official ties ahead of Wu's visit. The EU included Taiwan on its list of potential BIA partners in 2015, but it has not held talks with Taiwan on the issue since.

Persons: Ann Wang, Joseph Wu, Wu, Philip Blenkinsop, Nick Macfie Organizations: REUTERS, Taiwan Semiconductor Manufacturing Corp, NATO, EU, Thomson Locations: Tainan, Taiwan, Europe, Germany, China, Vatican, Czech Republic, Brussels, Taiwan Strait

LONDON, June 6 (Reuters) - The European Commission is investigating the flow of allegedly fraudulent biofuels into the EU following a complaint from Germany, sources told Reuters, as a Commission spokesman said the bloc was determined to tighten oversight of the trade. Industry sources named the country as Germany. Germany's Environment Ministry, the body industry sources said had requested the investigation, did not immediately respond to a Reuters request for comment. EU classifications qualify the most advanced for valuable greenhouse gas (GHG) emissions certificates that are bought and traded by industry players at the national level. The top European biofuels body warned last week that a flood of potentially "dubious" biodiesel imports into Europe from China could trigger the collapse of the European Union's biofuels industry.

Persons: Noah Browning, Louise Heavens Organizations: European, Reuters, Environment Ministry, EU, Thomson Locations: EU, Germany, China, Asia, Europe

☆ Exclusive: EU to push for its debt to be included in government bond indexes- official
▼ + stars: | 2023-04-27 | by ( Yoruk Bahceli | ) www.reuters.com time to read: +4 min

Index inclusion "is something we are discussing with market participants at the moment, while we are also doing our internal analysis," the official said, looking at how the EU fulfills index providers' criteria. EU bonds are included in broad bond indexes but inclusion in dedicated government bond indexes compiled by the likes of Bloomberg, JPMorgan or FTSE Russell would be a game changer, as trillions of dollars of investor funds tracking the indexes would effectively become forced buyers. Big investors are also calling for index providers to treat the EU as a government. The EU official noted the bloc has elements of a sovereign, such as a budget and at least indirect taxing powers through member states' contributions. Cosimo Marasciulo, head of fixed income absolute return at Europe's largest asset manager Amundi, said it was also calling for EU inclusion in government bond indexes.

☆ At Least 10,000 Foreign Companies to Be Hit by EU Sustainability Rules
▼ + stars: | 2023-04-05 | by ( Dieter Holger | ) www.wsj.com time to read: +7 min

The estimates exclude foreign companies that are subject to the reporting requirements due to other conditions, such as having an EU bond listing. Foreign companies with EU listings will need to start reporting these disclosures in 2025 if they have more than 500 employees in the EU. Businesses based in the EU that reported under the bloc’s previous sustainability rules must follow the new requirements from 2025. The EU rules call for limited-assurance audits to start, with a goal of eventually moving to reasonable assurance. Other sustainability reporting regulations are also set to go into effect in the next few years.

☆ Australia risks losing pole position in critical minerals race
▼ + stars: | 2023-03-30 | by ( Melanie Burton | ) www.reuters.com time to read: +5 min

The Grattan Institute, a think tank, estimates the critical minerals industry could add more than $400 billion to the economy by 2050, a bigger contribution than the coal industry, Australia's no.2 export, today. They want rapid action in light of new competition from the U.S., Canada and the European Union, which have laid out critical minerals strategies including billions of dollars in incentives. King said on Wednesday a critical minerals strategy would be released "soon". However the government has not said when it would deliver its national battery strategy. "The elements for an effective critical minerals strategy are in place.

☆ UK, EU inching towards Northern Ireland deal, Irish prime minister says
▼ + stars: | 2023-02-25 | by ( ) www.reuters.com time to read: +2 min

Momentum has been building for weeks towards a deal to ease checks on trade that were introduced under the Northern Ireland Protocol - the arrangements agreed to avoid a hard border with EU member Ireland when Britain exited the EU in 2020. Lawmakers in British Prime Minister Rishi Sunak's Conservative party have been told to be in parliament on Monday, in a sign that a deal could be imminent. Certainly the deal isn't done yet, but I do think we are inching towards a conclusion," Leo Varadkar told reporters. While an agreement would mark an end to a two-year standoff between Britain and the EU, Sunak could face a battle with pro-Brexit Conservative lawmakers and pro-British Northern Irish politicians to make the deal work. The Democratic Unionist Party (DUP), the region's largest pro-British party, has said it will not end its boycott of the assembly unless all checks on goods bound for Northern Ireland from Britain are removed.

☆ Serb nationalists pledge riots if Belgrade tries to improve ties with Kosovo
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +3 min

[1/5] Police block Serbian right-wing protesters who attempted to storm the New Palace, the seat of President of Serbia, during a protest against the Serbian authorities and French-German plan for the resolution of Kosovo in Belgrade, Serbia, February 15, 2023. REUTERS/Zorana JevticBELGRADE, Feb 15 (Reuters) - Hundreds of hardline Serb nationalists and pro-Russia activists rallied in downtown Belgrade, threatening riots if Serbia accepts a Western-backed plan aimed at mending ties with Kosovo, its former mainly Albanian southern province. Pro-Russian sentiment is running high in Serbia which regards Russia, a veto-wielding member of the U.N. Security Council, as a main ally in its opposition to the 15-year-old independence of Kosovo. Protesters, carrying posters reading "Kosovo-No Surrender", cheered "Serbia-Russia" when ultranationalist Damjan Knezevic called for rioting if Belgrade seeks to improve ties with Kosovo. Knezevic admits ties with Russia's Wagner mercenary group which is fighting in Ukraine.

☆ Three years on, Britain still waits for Brexit dividend
▼ + stars: | 2023-01-30 | by ( Andy Bruce | ) www.reuters.com time to read: +6 min

Britain exited the EU on Jan. 31, 2020, though remained in the bloc's single market and customs union for 11 more months. The government, led by Brexit-supporting Prime Minister Rishi Sunak, says Britain is prospering with new-found freedoms. "Our problems pre-date Brexit," Lyons said, pointing to chronically low rates of investment in Britain. Exports, especially in goods, have disappointed over the last three years - despite high hopes for a "Global Britain" rebalancing of the economy after Brexit. Britain still boasts higher rates of employment and lower unemployment than most EU countries but there are some signs that Brexit may have impacted the labour market too.

☆ Taiwan seeks quick progress on long-stalled EU investment deal
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, Dec 20 (Reuters) - Taiwan wants progress to be accelerated on a long-stalled bilateral investment agreement with the European Union, the island's President Tsai Ing-wen said on Tuesday. The EU included Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, the year before Tsai became Taiwan's president, but it has not held talks with Taiwan on the issue since. Meeting a delegation from the European Parliament's Committee on International Trade, Tsai said Taiwan and the EU should build a "resilient democratic alliance". Delegation leader Anna-Michelle Asimakopoulou told Tsai that the EU and Taiwan shared common values like democracy and human rights. "The EU recognises that our partnership in trade and investment with Taiwan is a strategic relationship with geopolitical implications," Asimakopoulou said.

☆ EU inches towards deal on Russian oil price cap this week
▼ + stars: | 2022-11-29 | by ( Jan Strupczewski | ) www.reuters.com time to read: +3 min

Last Wednesday, representatives of EU governments debated for the first time a price cap level that would still provide an incentive for Moscow to sell, but at a much smaller profit. "But since then prices have kept falling and are now below the cap level, so that level achieves no objective," he said. The three countries, which all border Russia, back a $30 price cap. The oil price cap has not been added to their agenda, but still could be, diplomats said. They also said talks would continue in smaller groups, and between EU and G7 countries, to find a deal before Monday.

☆ „Vaccinul nu ne face rău, ci din contra ne protejează sănătatea”, interviu cu Ludmila Negară, asistentă medicală superioară la Centrul Municipal de Vaccinare
▼ + stars: | 2021-07-08 | by ( Onixmedia Srl | ) diez.md time to read: +5 min

„Vaccinul nu ne face rău, ci din contra ne protejează sănătatea”, interviu cu Ludmila Negară, asistentă medicală superioară la Centrul Municipal de VaccinareLudmila Negară este asistentă medicală superioară la Centrul Municipal de Vaccinare din orașul Chișinău. La Centru, doamna Ludmila activează din luna aprilie, atunci când acesta a fost inaugurat. Procesul de imunizare la Centrul Municipal de VaccinareCentrul Municipal de Vaccinare a fost chiar de la început foarte bine organizat. Centrul Municipal de Vaccinare este amplasat pe două etaje și în total sunt șase puncte de vaccinare. Noi am vaccinat în cadrul Centrului și persoane cu boli cronice și boli cancerigene, ceea ce înseamnă că vaccinul este sigur și ne protejează.

Persons: Ludmila Negară, Ludmila, Imunizarea Organizations: World, Ministerul Federal Locations: Chișinău, Republica Moldova, Maraton, Mannheim, Cernăuți

☆ Platforma DA propune formaţiunilor politice să semneze o declaraţie privind susţinerea integrării europene a Republicii Moldova
▼ + stars: | 2021-07-06 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Platforma Demnitate şi Adevăr va invita alţi concurenţi electorali să semneze o declaraţie privind susţinerea integrării europene a Republicii Moldova. Declaraţia a fost făcută de liderul Platformei DA, Andrei Năstase, în cadrul emisiunii "PRIME TIME" de la Prime. Andrei Năstase a declarat că Platforma DA a pregătit deja textul declaraţiei privind susţinerea integrării europene a ţării. ", a comunicat preşedintele Platformei DA, Andrei Năstase. ", a menţionat preşedintele Platformei DA, Andrei Năstase.

Persons: Declaraţia, Andrei Năstase, Năstase Organizations: Prime Locations: Republicii Moldova, Legislativ, ţării, Snagov

☆ MAIB – în topul preferințelor de angajare ale absolvenților. Vino și tu în echipa celor MAIBuni! — Moldova.org
▼ + stars: | 2021-07-02 | by ( Diana Preașcă | ) www.moldova.org time to read: +14 min

Colegele sunt fiica Natalia și o doamnă din sat. Fiindcă eu pierd timp, ață, lumină…” Argumentele Svetlanei au funcționat și Aliona și Natalia s-au apucat de tăiței. Când vine cumpărătorul pentru tăiței și caută CuCa, dar nu găsește, ia altceva. „În fundul grădinii avem o construcție micuță unde ajung toate cojile și tot ce scoatem de la găini și facem compost. „Făină, ouă și… dragoste.”Aliona și Natalia cad de acord că partea cea mai frumoasă din activitatea lor este interacțiunea cu cumpărătorii.

Persons: Vrabie, Natalia, Mușat, Mihail Sadoveanu, Maria, Nataliei, Tudor, Svetlana, tăițeii, Aliona, Tamara Organizations: Arte, Universitatea Tehnică a Moldovei, Științe, Moldovei, Academia, Universitatea Tehnică Locations: Moldovei, Ucraina, Chișinău, CuCa, paleți, Odesa, Azuga, Tohatin, Moldova

Nu se gândea însă că scrisul i-ar putea deveni o profesie, deși mama sa îi zicea deseori că va ajunge să scrie o carte. „Dar nu a fost o alegere planificată, ci mai degrabă o concluzie la care am ajuns în urma unor circumstanțe. A fost o perioadă în care a învățat o sumedenie de lucruri. Eu am avut norocul de a primi un sprijin colosal din partea comunității în care trăiesc și a prietenilor. Unii din ei s-au întors pentru a lua și a doua, și a treia, și a patra carte, pentru a o face cadou celor dragi.

Persons: Elena ?, Elena Mihailov, Elena, Elena Alistar, Elena ., Ella, Teddy ., Aliona Organizations: Universitatea din, Universitatea din Toronto ., Creative Locations: Canada, Chișinău, Universitatea din Toronto, Moldova, Europa

Persons: Elena ?, Elena Mihailov, Elena, Elena Alistar, Elena ., Ella, Teddy ., Aliona Organizations: Universitatea din, Universitatea din Toronto ., Creative, Amazon Locations: Canada, Chișinău, Universitatea din Toronto, Europa

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