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☆ Dozens of migrants wait at Finland-Russia border after Helsinki blocks crossings
▼ + stars: | 2023-11-17 | by ( Anne Kauranen | ) www.reuters.com time to read: +3 min

HELSINKI, Nov 18 (Reuters) - Dozens of migrants stood behind barriers at two crossings on Finland's border with Russia on Saturday, the Finnish Border Guard said, after Helsinki erected barricades to halt a flow of asylum seekers it says was instigated by Moscow. Despite the closure, dozens of migrants arrived on Saturday afternoon at the Nuijamaa and Vaalimaa crossings, and lit a campfire in sub-zero temperatures behind razor-wire barriers mounted by border guards, Finnish Border Guard told reporters. Four regular border crossings remain open for the time being, but asylum can now only be sought at two of those, in Salla and Vartius, further north, the Border Guard said. On Saturday, 67 people arrived to seek asylum at the Vartius post, the local border guard unit said on X, formerly known as Twitter. The Kremlin on Friday said Finland was making a "big mistake" by closing down border crossings and that Helsinki's move was destroying bilateral relations.

Persons: Mika Rytkonen, Jouko Kinnunen, Moscow's, Riikka Purra, Anne Kauranen, Attila Cser, Kevin Liffey, Terje Solsvik, Ros Russell Organizations: Finnish Border Guard, Kremlin, YLE, Finland, Border Guard, Twitter, MTV, Union, Frontex, Friday, Reuters, Finance, Finns Party, Thomson Locations: HELSINKI, Russia, Helsinki, Moscow, United States, Finland, Iraq, Yemen, Somalia, Syria, Salla, Poland, Lithuania, Latvia, Belarus, East, Africa, Nuijamaa, London

A view of the border between Russia and Finland at the Nuijamaa border checkpoint in Lappeenranta, Finland on November 15, 2023. The four border crossings - at Vaalimaa, Nuijamaa, Imatra and Niirala in southeastern Finland - are normally the busiest points of travel between the two countries. Nearly 100 asylum seekers had entered Finland from Russia on Friday by midday, officials said. Finland shares a 1,340-km (833-mile) border with Russia that also serves as the EU's external border. Finland's ombudsman for non-discrimination said on Thursday Helsinki still had a duty under international treaties and EU law to allow asylum seekers to seek protection.

Persons: Helsinki, Matti Pitkaniitty, Pitkaniitty, Essi Lehto, Anne Kauranen, Terje Solsvik, Gareth Jones Organizations: Finnish Border Guard, European Union, NATO, Kremlin, Helsinki, Thomson Locations: Russia, Finland, Lappeenranta, Finnish, HELSINKI, Vaalimaa, Russia's, Salla, Iraq, Yemen, Somalia, Syria, Moscow, Ukraine, United States

[1/2] EU flag and TikTok logo are seen in this illustration taken, June 2, 2023. Meta on Wednesday challenged the "gatekeeper" designations for its Messenger and Marketplace platforms, but did not appeal against the status for Facebook, Instagram and WhatsApp. The European Union in September picked 22 "gatekeeper" services, run by six tech companies - Microsoft (MSFT.O), Apple (AAPL.O), Alphabet's (GOOGL.O) Google, Amazon (AMZN.O), Meta and ByteDance's TikTok. The company said it was designated a gatekeeper based on its parent company, ByteDance's, global market capitalisation that us based primarily on the performance of business lines that do not even operate in Europe. Last month, China's ByteDance bought back shares from U.S. employees in a deal that valued the company at $223.5 billion.

Persons: Dado Ruvic, China's ByteDance, Supantha Mukherjee, Nick Zieminski Organizations: EU, REUTERS, Rights, Meta, Digital Markets, Facebook, European Union, Microsoft, Apple, Google, Economic, European Commission, Thomson Locations: Rights STOCKHOLM, Europe, Stockholm

☆ Tougher EU methane rules mean US gas sector must clean up act -Maguire
▼ + stars: | 2023-11-16 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

Snow covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland March 18, 2014. Methane is the primary component of natural gas, and is a far more potent greenhouse gas than carbon dioxide in terms of climate-warming potential over the near term, according to the Natural Resources Defense Council, a U.S.-based nonprofit. However, in terms of methane intensity, or a measure of how much methane is emitted in the production of oil and gas, the United States ranks 10th, emitting 8.18 tonnes of methane per kiloton of oil energy equivalent (ktoe). That U.S. intensity rating compares favourably to Venezuela's 53.35 tonnes of methane per ktoe, and is 42% less than Russia's 14 tonnes of methane per ktoe. What's more, it is unclear where EU lawmakers will draw the line in terms of what methane intensity levels are acceptable, and if they plan to adjust thresholds over time.

Persons: Snow, Gary Cameron, Gavin Maguire, Christopher Cushing Organizations: REUTERS, European Union, Natural Resources Defense Council, . Energy Information Administration, U.S, LNG, Russia, International Energy, United States, Reuters, Thomson Locations: Lusby , Maryland, LITTLETON , Colorado, United States, U.S, Europe, Russia, Ukraine, States, Canada, Saudi Arabia

But a Nov. 9 briefing obtained by The AP details a watered-down proposal that would drop the entire financial sector from the initial law. Spain currently holds the council’s presidency, and is trying to get all the member states to agree on their desired version of the law. A deal on finance was previously supported by all member states, he revealed. A source in the French negotiation team said on the phone, “France supports the exclusion of the financial sector from the scope of the directive. If they agree on them, they will form the basis for the final negotiation with the European Parliament.

Persons: Banks, there’s, it’s, Richard Gardiner, ”, René, France “, Alban Grosdidier, Grosdidier, Marion Lupin, Romain Hubert Organizations: Associated Press, AP, of, European Union, French, France, “, European Coalition, Corporate Justice, Climate Economics, EU, Parliament Locations: Spain, Dutch, France, “ France, Europe, Paris

[1/2] A sign is pictured outside a Google office near the company's headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo Acquire Licensing RightsBRUSSELS/STOCKHOLM, Nov 14 (Reuters) - Microsoft and Google will not challenge an EU law requiring them to make it easier for users to move between competing services such as social media platforms and internet browsers. As part of its latest crackdown on Big Tech, the European Union in September picked 22 "gatekeeper" services, run by six of the world's biggest tech companies, to face new rules . The Digital Markets Act (DMA) requires these gatekeepers to inter-operate their messaging apps with competitors and allow users to decide which apps they pre-install on their devices. The DMA will apply to services from Alphabet (GOOGL.O), Amazon (AMZN.O), Apple (AAPL.O), Meta (META.O), Microsoft (MSFT.O) and TikTok owner ByteDance.

Persons: Paresh Dave, ByteDance, Meta, WhatsApp, TikTok, Foo Yun Chee, Supantha Mukherjee, Sharon Singleton, Alexander Smith Organizations: REUTERS, Microsoft, Google, Big Tech, European Union, Markets, Apple, Amazon, Digital Services, European Commission, Digital Markets, Windows, LinkedIn, Industry, Reuters, Facebook, Bloomberg, Thomson Locations: Mountain View , California, U.S, BRUSSELS, STOCKHOLM, Luxembourg, Brussels, Stockholm

☆ EU loophole lets banks dodge ECB's crypto supervision, needs fixing -Enria
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +3 min

He warned the EU's framework placed banks' activity as a 'crypto-asset service provider' -- such as acting as a custodian for customer wallets, exchanging tokens or managing crypto portfolios -- outside of the ECB's purview as a banking supervisor. "In fact, if crypto-asset service providers controlled by banks are not within the scope of their prudential consolidation, the BCBS standard and especially the exposure limit may become ineffective." He added crypto asset service providers should be added "as a matter of urgency" to the list of financial institutions that the ECB supervises under EU rules. MiCAR entered into force at the end of June and will take full effect by the end of next year. The Basel Committee's global standards on exposures to crypto assets are due to be transposed into EU law by Jan. 1, 2025.

Persons: Dado Ruvic, Andrea Enria, Enria, MiCAR, Jan, Claudia Buch, Francesco Canepa, Susan Fenton Organizations: REUTERS, Rights, Central Bank's, Banking, ECB, prudential, EU, Thomson Locations: EU, Venice, Basel

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBRUSSELS, Nov 10 (Reuters) - EU countries and European Parliament lawmakers are set to agree on light touch rules for Airbnb (ABNB.O) next week, three people familiar with the matter said on Friday. The rules for short-term accommodation rental services, proposed by the European Commission last year, aimed to tackle the patchwork of different national laws across the 27-country zone regulating Airbnb and similar companies. Officials from EU countries and EU lawmakers will meet to thrash out the final details of the rules on Nov. 15, according to the Parliament agenda. Airbnb said EU-wide rules would be a watershed moment for short-term rental companies. Paris, Venice, Barcelona and other places popular with tourists blame Airbnb for aggravating housing shortages by pushing out lower-income residents.

Persons: Dado Ruvic, Airbnb, Nathan Blecharczyk, Foo Yun Chee, Kirsten Donovan, David Evans Organizations: REUTERS, Rights, Big Tech, European, Reuters, Thomson Locations: Rights BRUSSELS, Spain, Paris, Venice, Barcelona

A 3D printed Facebook's new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. The Austrian law, enacted in 2021 and which obliges Big Tech to publish regular reports of illegal content, comes amid mounting concerns worldwide about hateful posts. The three companies, which have their European headquarters in Ireland, say they should only be subject to Irish rules. The Austrian court subsequently sought advice from the Court of Justice of the European Union (CJEU), which sided with the companies. We will study the judgment and continue to invest in the trust and safety of our users across our platforms," a Google spokesperson said.

Persons: Dado Ruvic, TikTok, Thursday's, Foo Yun Chee Organizations: REUTERS, Rights, Google, Austrian, Big Tech, European Union, Digital Services, Justice, Meta, Thomson Locations: Rights LUXEMBOURG, Ireland, Member State

The EU's proposed "Euro 7" law would tighten limits on health-harming pollutants from combustion engine cars. The European Commission, which drafts new EU laws, has said the health benefits would far outweigh the costs. However, EU countries and lawmakers - which are in charge of negotiating the final law in the coming months - have each agreed to weaken the rules. Green lawmakers criticised the vote as a missed chance to reduce the roughly 70,000 premature deaths per year in Europe attributed to vehicle pollution. "The EU is missing the opportunity to be the future leader in green technology," Green EU lawmaker Bas Eickhout added.

Persons: Yves Herman, Alexandr Vondra, Bas Eickhout, Adolfo Urso, Kate Abnett, Alvise Armellini, Sharon Singleton Organizations: REUTERS, Rights, New, European Commission, Commission, Italy's Industry, EU, Thomson Locations: Brussels, Belgium, Rights BRUSSELS, Union, Europe, Italy, Czech Republic

The new political advertising rules, which were agreed by EU countries and European Parliament lawmakers late on Monday, will force social media groups such as Alphabet's Google (GOOGL.O), Meta Platforms to be more transparent and accountable. All online political ads will be available in an online ad repository. "We also secured a favourable environment for transnational campaigning in time for the next European Parliament elections," Gozi said. The European Parliament will hold elections in June next year, with many concerned about disinformation and foreign interference in the run-up to the polls. Until then, measures regulating the non-discriminatory provision of cross-border political advertising - including for European political parties and political groups - will already be in place for the European Parliament elections in 2024.

Persons: Arnd, Sandro Gozi, Gozi, Foo Yun Chee, Alexander Smith Organizations: REUTERS, Rights, Big Tech, Union, EU, Google, European Commission, Thomson Locations: Zurich, Switzerland, Rights BRUSSELS, EU

☆ Food production is accelerating the climate crisis, but AI and other emerging technologies could turn things around
▼ + stars: | 2023-11-07 | by ( Hazel Davis | ) www.businessinsider.com time to read: +6 min

Many common consumer food products are derived from fossil fuels. AdvertisementAdvertisementMultinational consumer food brands, including the fast-food giants McDonald's and Burger King, are under increasing pressure to decarbonize their supply chains and meet global net-zero and ESG goals. Many common ingredients used in consumer products are derived from fossil fuels or produced through unsustainable farming methods. AdvertisementAdvertisementHoxton Farms, a London-based biotech company, is working on creating cultivated fat as a sustainable alternative to traditional animal fats. Regulatory challenges and the path forwardWhile the potential for sustainable and alternative food products is promising, regulatory challenges exist.

Persons: —, Twig, Russ Tucker, Tucker, Ed Steele, Steele, Shivin Kohli, Kohli Organizations: Service, Department, Agriculture, Food and Drug Administration, FDA, USDA, Access Locations: Burger, Hoxton, London

[1/2] An Ericsson sign is seen at the third China International Import Expo (CIIE) in Shanghai, China November 5, 2020. REUTERS/Aly Song Acquire Licensing RightsBRUSSELS, Nov 6 (Reuters) - Electronics makers Siemens (SIEGn.DE), Ericsson (ERICb.ST) and Schneider Electric (SCHN.PA), along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar to during the pandemic. They said disruptions could hit millions of products, ranging from washing machines to toys, cybersecurity products, as well as vital components for heat pumps, cooling machines and high-tech manufacturing. "We risk creating a COVID-style blockage in European supply chains, disrupting the single market and harming our competitiveness," the companies said. They also want more flexibility to self-assess cybersecurity risks.

Persons: Aly, Thierry Breton, Vera Jourova, Robert Bosch, Foo Yun Chee, Rod Nickel Organizations: Ericsson, China, REUTERS, Rights, Electronics, Siemens, Schneider, European, European Union, Nokia, Robert, Robert Bosch GmbH, EU, Thomson Locations: Shanghai, China, Rights BRUSSELS, EU, Slovakian

☆ 'It's not that Huawei is superior, it's that Apple is inferior': What the Chinese internet is saying about the iPhone 15
▼ + stars: | 2023-10-31 | by ( Kwan Wei Kevin Tan | Tom Carter | ) www.businessinsider.com time to read: +5 min

People in China just aren't that enamored with Apple's iPhone 15. Apple faces stiff local competition from Chinese rival Huawei, which launched its Mate 60 Pro smartphone weeks before the iPhone 15.launched its Mate 60 Pro smartphone weeks before the iPhone 15. As of press time, posts discussing the iPhone 15 have drawn over 100 million views on Weibo, China's version of X. If it were you, would you upgrade to the iPhone 15 just to get USB C charging?" Apple launched the iPhone 15 at its "Wonderlust" event in September.

Persons: — Organizations: Apple, Huawei, Weibo, Service, Bloomberg, Xiaomi Locations: China, Weibo, Hong Kong

☆ COP28 chief, groups, urge tripling renewable capacity by 2030
▼ + stars: | 2023-10-30 | by ( Yousef Saba And Kate Abnett | ) www.reuters.com time to read: +2 min

ABU DHABI, Oct 30 (Reuters) - The presidency of next month's COP28 climate summit and two renewable energy organisations on Monday urged governments to triple renewable energy capacity by 2030 as part of efforts to stop global warming exceeding 1.5 degrees Celsius. Renewable energy capacity needs "to reach more than 11,000 GW" by 2030, the United Arab Emirates' COP28 presidency, the International Renewable Energy Agency (IRENA) and the Global Renewables Alliance said in a joint report. Group of 20 nations, among them China, the United States and India, agreed in September to pursue efforts to triple global renewable energy capacity by 2030. However, striking a deal among the nearly 200 countries that attend COP28 meetings will not be easy. They say a renewable energy deal at COP28 must be paired with a commitment to phase out CO2-emitting fossil fuels - a pledge that has faced resistance from Saudi Arabia, Russia and other fossil fuel-reliant economies.

Persons: IRENA, Wopke Hoekstra, al, Jaber, Yousef Saba, Kate Abnett, Deborah Kyvrikosaios Organizations: United Arab, International Renewable Energy Agency, Global Renewables Alliance, Thomson Locations: ABU DHABI, Dubai, Paris, United Arab Emirates, China, United States, India, Saudi Arabia, Russia, Brussels

After two years of negotiations, the bill was approved by the European parliament in May. At Tuesday's meeting which lasted until midnight, lawmakers agreed on most parts of Article 6 of the draft AI Act, one of the stumbling blocks in talks, the sources said, declining to give further details on what was agreed. Article 6 outlines the types of AI systems that will be designated "high risk", and therefore subject to greater regulatory scrutiny, the sources said. Ahead of Tuesday's meeting, Reuters reported citing sources that European lawmakers were yet to agree on several issues leaving any deal off the table until December. Failure to reach a deal could push negotiations to early next year, increasing the risk that discussions are further derailed by European parliament elections in June.

Persons: Dragos Tudorache, Brando Benifei, Benifei, Supantha Mukherjee, Martin Coulter, Elvira Pollina, Josephine Mason, Kirsten Donovan Organizations: Union, Reuters, EU, Thomson Locations: STOCKHOLM, LONDON, MILAN, Stockholm, London, Milan

☆ EU lawmakers back easing securities rules to attract more listings
▼ + stars: | 2023-10-24 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, Oct 24 (Reuters) - A panel of European Union lawmakers on Tuesday voted in favour of easing the bloc's securities rules to encourage more company listings and compete better with capital markets in New York and post-Brexit London. Companies in the EU typically turn to banks for loans to expand, and the reforms are aimed at diversifying corporate funding. Multiple-voting structures are a key part of New York's attraction as a listings destination, particularly for tech companies. Britain is rewriting its securities rules which it inherited when it was a member of the EU and its planned changes are similar to those approved by EU lawmakers on Tuesday. The European Parliament and EU states have joint say on the EU rules and will now start negotiations on a final text that becomes law.

Persons: Alfred Sant, Huw Jones, Susan Fenton Organizations: European Union, London . Companies, European Commission, Lawmakers, EU, Thomson Locations: New York, London, Britain

The draft AI rules have to be agreed by the European Parliament and European Union member states. A fourth trilogue meeting will be held on Tuesday, a day after EU lawmakers are scheduled to discuss their negotiating stance around foundation models and high-risk AI systems, sources said. Discussions could then be further de-railed by the European parliament elections in June. The EU started working on the draft AI Act in 2021. In May this year, the European parliament agreed on draft legislation including new rules around the use of facial recognition, biometric surveillance, and other AI applications.

Persons: Dado Ruvic, Thierry Breton, Dragoș Tudorache, Brando Benifei, Supantha Mukherjee, Foo Yun Chee, Matt Scuffham, Mike Harrison Organizations: REUTERS, Rights, European Union, Reuters, EU, Thomson Locations: Rights STOCKHOLM, BRUSSELS, trilogues, Spain, Stockholm, Brussels

☆ Musk considers removing X platform from Europe over EU law - Insider
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes Acquire Licensing RightsOct 18 (Reuters) - Elon Musk, owner of social media platform X, is considering removing the service formerly called Twitter from Europe in response to a new internet platform regulation in the region, news site Insider reported on Wednesday. The billionaire has discussed removing the app's availability in the region, or blocking users in the European Union from accessing it, a person familiar with the company told the publication. The European Union in August adopted the Digital Services Act (DSA), which sets forth rules for preventing the spread of harmful content, banning or limiting certain user-targeting practices, and sharing some internal data with regulators and associated researchers, among other things. Reporting by Yuvraj Malik in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Elon Musk, Porte, Gonzalo Fuentes, Yuvraj Malik, Devika Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, European Union, Digital Services, Thomson Locations: Paris, France, Europe, Bengaluru

“Getting information from social media is likely to lead to you being severely disinformed,” said Ahmed. Everyone from US foreign adversaries to domestic extremists to internet trolls and “engagement farmers” has been exploiting the war on social media for their own personal or political gain, he added. “Bad actors surrounding us have been manipulating, confusing and trying to create deception on social media platforms,” Dan Brahmy, CEO of the Israeli social media threat intelligence firm Cyabra, said Thursday in a video posted to LinkedIn. The dynamic simultaneously highlights the business models of social media and the role the companies play in carefully calibrating their users’ experiences. ‘Be very cautious about sharing’Despite giving the impression of reality and truthfulness, Brookie said, individual stories and combat footage conveyed through social media often lack the broader perspective and context that journalists, research organizations and even social media moderation teams apply to a situation to help achieve a fuller understanding of it.

Persons: ”, Gazans, Pepe, Imran Ahmed, Ahmed, “, Dan Brahmy, ‘, ’ Graham Brookie, Islamophobic, Elon Musk, it’s, ” Imran Ahmed, ” Brian Fishman, ” Linda Yaccarino, “ We’ve, Andy Stone, Snapchat, TikTok, ” Ahmed, ” Brookie, Brookie Organizations: New, New York CNN, CNN, —, Twitter, European Union, Facebook, YouTube, Center, LinkedIn, Digital Forensic Research, Atlantic Council, European Commission, European, Digital Services Locations: New York, Israel, Russia, Ukraine, London, Egypt, Islamophobic, Washington ,, United Kingdom, United States

☆ Investors flock to defensive stocks and safe havens on worries about Israel-Hamas war
▼ + stars: | 2023-10-13 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —The Israel-Hamas war is sending investors in search of defensive assets. Israel declared war on Hamas Sunday after the Palestinian militant group launched a brutal attack that killed at least 1,300 people. But investors have since bought up shares of virtually risk-free government bonds, indicating that Wall Street remains worried. Utilities, energy and real estate stocks have also outperformed the broader S&P 500 index’s roughly 1% gain this week. In August, a recently passed EU law known as the Digital Services Act went into effect for large online platforms, including the companies Breton addressed this week.

Persons: ”, George Smith, Bryan Hinmon, Hinmon, hasn’t, TikTok, Shou Zi Chew, Thierry Breton, Brian Fung, Breton, ” Breton, TikTok didn’t, Anna Cooban, ” Russia’s, Andrei Belousov, Read Organizations: CNN Business, Bell, CNN, Stock, Treasury, LPL, Twitter, Meta, Digital Services Locations: Israel, Palestinian, Saudi Arabia, Russia, Ukraine, Chew, Moscow

☆ EU officials warn TikTok over Israel-Hamas disinformation
▼ + stars: | 2023-10-12 | by ( Brian Fung | ) edition.cnn.com time to read: +1 min

CNN —EU officials warned TikTok Thursday about “illegal content and disinformation” on its platform linked to the war between Hamas and Israel, calling for CEO Shou Zi Chew to respond within 24 hours. In a letter to Chew, European Commissioner Thierry Breton said failure to comply with European Union laws around content moderation could result in penalties. It is the third such letter Breton has sent to large social media platforms this week, after he sent similar warnings to X, the platform formerly known as Twitter, and Meta. In August, a recently passed EU law known as the Digital Services Act went into effect for large online platforms including the companies Breton addressed this week. Since the war began, Breton wrote, TikTok has reportedly spread graphic videos and misleading content on the platform.

Persons: Shou Zi Chew, Thierry Breton, Breton, TikTok, ” Breton, TikTok didn’t Organizations: CNN, Twitter, Meta, Digital Services Locations: Israel, Chew

The social media platform X, formerly known as Twitter, says it is struggling with a flood of posts sharing graphic media, violent speech and hateful conduct about the Israel-Hamas war. But it has received a broadside of criticism, including from a top European Union official, questioning the adequacy of the response. One former member of Twitter’s public policy team said the company is having a harder time taking action on posts that violate its policies because there aren’t enough people to do that work. “X believes that, while difficult, it’s in the public’s interest to understand what’s happening in real time,” its statement said. “With the global crisis unfolding, Linda and her team must remain fully focused on X platform safety,” X told the organizers of the WSJ Tech Live conference being held next week in Laguna Beach, California.

Persons: Elon Musk, ”, Thierry Breton, ” Breton, Musk, we’ve, Emerson Brooking, Brooking, Ukraine ”, “ Elon Musk, monetization, “ Musk, Theodora Skeadas, “, ” Linda Yaccarino, Linda, ” X, Ali Swenson Organizations: Twitter, European Union, “, Atlantic Council, Journalists, Pentagon, X, WSJ Tech, Associated Press Locations: Israel, San Francisco, Ukraine, Laguna Beach , California

☆ EU accession: List of countries to join the bloc
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +5 min

CANDIDATE COUNTRY STATUSTURKEY (candidate since 1999). While still officially a candidate country, Turkey's accession talks with the EU have long been frozen, largely over human rights and governance concerns. It was given the green light for accession talks in 2020 after changing its name from Macedonia to North Macedonia to satisfy Greek sensitivities. The small Balkan country applied for EU membership in 2008. Since 2016, the EU has had a Stabilisation and Association Agreement with Kosovo that serves as a basis for its accession path.

Persons: Viktor Yanukovych, Jan Strupczewski, Mark Heinrich Our Organizations: Union, EU, NORTH, European Commission, Commission, Thomson Locations: BRUSSELS, Granada, TURKEY, NORTH MACEDONIA, Macedonia, North Macedonia, Bulgaria, MONTENEGRO, SERBIA, ALBANIA, EU, Albania, MOLDOVA, Moldova, UKRAINE, Kyiv, Russia, Ukraine, Crimea, BOSNIA, HERZEGOVINA, Bosnia, GEORGIA, Georgia, Tbilisi, KOSOVO, Brussels, Kosovo, Serbia

☆ Consumer finance group seeks more privacy in digital euro use
▼ + stars: | 2023-10-03 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

A sculpture of Euro symbol is pictured in front of the European Parliament in Brussels, Belgium, May 2, 2018. REUTERS/Francois Lenoir/File Photo Acquire Licensing RightsLONDON, Oct 3 (Reuters) - Tougher privacy safeguards are needed for using a digital euro online, consumer lobby Finance Watch said on Tuesday, in the latest sign of mounting "Big Brother" concerns policymakers are having to confront. Finance Watch said it accepted that some concessions would have to be made to ensure a digital euro is not used for money-laundering, making full, cash-like anonymity of digital payments difficult to achieve. Nevertheless, as drafted, the proposed EU law gives higher levels of privacy to offline use of a digital euro stored in a customers "wallet", Finance Watch said. "While the proposed approach to offline transactions goes a long way towards offering cash-like privacy, a higher level of privacy and data protection should also be applied to small, low-value online transactions," Finance Watch said.

Persons: Francois Lenoir, Mairead McGuinness, Huw Jones, Mark Potter Organizations: REUTERS, Finance, European Central Bank, Federal Reserve, Bank of England, European Commission, Finance Watch, Big Tech, EU, The Bank of England, Thomson Locations: Brussels, Belgium, EU

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