Urgent need for ‘global approach’ on AI regulation: UN tech chief
Geneva, Switzerland -- The world urgently needs to find a global approach on regulating artificial intelligence, the United Nations' top tech chief said this week, warning that fragmentation could deepen risks and inequalities. Doreen Bogdan-Martin, head of the UN's International Telecommunications Union (ITU) agency, told AFP she hoped that AI...
EU court’s adviser says $2.6bn fine on Google be upheld
Google suffered a legal blow at the European Court of Justice when the body's adviser recommended that a US$2.6 billion fine levied on it for anti-competitive practices be upheld. Although such opinions are not binding, they do carry weight and are often followed by EU judges in their rulings.India’s Russian oil imports fall to 11-month low as price cap rises
Indian refiners bought 1.45 million barrels per day of Russian oil last month, their lowest amount since last January and down nearly 16 percent from November, according to global energy trade intelligence platform Kpler.EU reaches agreement on reforming bloc’s migration laws
Spain, which chaired the lengthy negotiations in its role holding the EU presidency, said on X, formerly Twitter: "A political agreement has been reached on the five files of the EU new Pact on Migration and Asylum." European Commission Vice President Margaritis Schinas said: "It's been a long road to...EU clinches ‘historic’ deal on AI law after long negotiations
The EU's internal market commissioner, Thierry Breton. called the deal as historic, regulating artificial intelligence models such as ChatGPT. Negotiators in Brussels nailed down curbs on how AI can be used in Europe, which they said would not hurt innovation in the sector nor the prospects for future European AI...European Union fails to agree on budget reforms
Brussels, Belgium - EU finance ministers failed to seal a deal on an overhaul of the bloc's spending rules on Friday, but still hope to reach an agreement before the end of the year.The lack of approval comes despite the ministers meeting for a dinner on Thursday to discuss the reform,...Aid pledged to Ukraine down nearly 90 percent from Aug-Oct: Report
Paris, France - Ukraine's allies have dramatically scaled back their pledges of new aid to the country, which have fallen to their lowest level since the start of the war, the Kiel Institute's Ukraine aid tracker showed Thursday."The dynamics of support to Ukraine have slowed," the German-based institute said, adding that...Rising global temperatures in focus as COP28 kicks off in Dubai
Dubai, UAE--Rising sea levels, vanishing Arctic landscapes, fading coral reefs, acidic oceans, and raging forest fires are common occurrences today. Climate change is escalating its aggressive posture before a full scale assault on humanity. A new study found that it costs the world $16.3 million per hour. On November 17,...Bahrain and EU hold discussions to ramp up ties in energy sector
Manama, Bahrain-- Bahrain and the European Union (EU) have held discussions to boost cooperation in various domains, including the energy sector.In this regard a meeting took place in Manama between Dr. Mohammed bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs and Christophe Varno,...WHO says misuse of antibiotics undermining efficacy
Copenhagen, Denmark - Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million deaths worldwide by 2050, the World Health Organization warned on Thursday.WHO's European chapter conducted a study which showed that antibiotics were prescribed for things like common cold (24 percent of...European banks lack transparency on green finance: NGO
ShareAction said banks amplify "green credentials to their customers and shareholders" but there is a "structural" lack of transparency on what their green finance activities achieve. It examined the green finance commitments and activities of Europe's top 20 banks. Banks are widely criticised for slow progress on the transition to...Palestinian state best guarantee of Israel security: EU’s Borrell
The European Union's top diplomat Josep Borrell drew this conclusion from his discussions with a range of leaders on his tour of the Middle East. He maintained that Israel should not occupy Gaza after the current conflict ends and that the Palestinian Authority should control the besieged enclave.EU chief asks Israel not to be consumed by rage in Gaza
Kibbutz Beeri, Israel - EU foreign policy chief Josep Borrell on Thursday called for Gaza hostages to be immediately freed, but asked Israel "not to be consumed by rage" in its battle with Hamas."I ask for their immediate and unconditional release," Borrell said on a visit to a kibbutz community targeted by...Turkey sidelined as EU prepares to open door to others
As when the European Union published its annual reports on candidate countries' progress towards EU norms on Wednesday, all eyes will be on Ukraine and Moldova. Turkey, a formal candidate for membership since 1999, will barely be discussed -- but it wasn't always the case.Political and tech leaders tackle AI safety at inaugural summit
London, United Kingdom – UK Prime Minister Rishi Sunak on Thursday hosts political and tech leaders at the inaugural global AI safety summit, predicting the technology will radically alter society for generations to come.The release of ChatGPT and other generative AI systems, which are capable of quickly producing text, images...US supports ‘humanitarian pauses’ to let aid into Gaza
White House National Security Council spokesman John Kirby said the US supports pauses in Israel's war against Hamas in order to let aid to flow into the Gaza Strip. He said the aid can include fuel needed for the restoration of electrical power, medical care, water purification and "so many...EU to debate Gaza truce call as top diplomat urges more aid
Describing the entry of a few dozens trucks of humanitarian aid into Gaza from Egypt as "not enough", EU foreign policy chief Josep Borrell said that it was important to send in the basic things that make water and electricity supply being restored. He made the comments ahead of a...EU okays takeover of Seagen
Pfizer announced in March its deal with Seagen.EU launches enquiry on Meta and TikTok over disinformation
The European Union has built a powerful armory to challenge the power of big tech with its landmark Digital Services Act (DSA) and a sister law, the Digital Markets Act, that hits internet giants with tough new curbs on how they do business.EU asks X and Meta to regulate fake news, disinformation
Thierry Breton, EU commissioner and self-styled "digital enforcer", raised the alarm in letters sent to Elon Musk, owner of X, formerly known as Twitter, and Mark Zuckerberg, whose Meta group includes Facebook and Instagram.World economy resilient, says IMF; keeps growth forecast unchanged
The IMF kept its 2023 global growth forecast unchanged but warned that the economy is "limping along" as inflation remains high and the outlooks for China and Germany were downgraded. The IMF's updated World Economic Outlook still sees growth of 3.0 percent for this year but it cut its forecast...In a world first, EU gives nod to green bond standards
Brussels, Belgium - European Parliament has adopted a new voluntary standard for the use of a “European Green Bond” label, the first of its kind in the world.The regulation, adopted by 418 votes in favour, 79 against and 72 abstentions, lays down uniform standards for issuers who wish to use the...Egypt court upholds jail sentence for prominent dissident
Cairo, Egypt--An Egyptian court on Saturday denied an appeal by prominent dissident Hisham Kassem against his jail sentence, his lawyer said, after lawmakers rejected a European Parliament resolution urging his release."The court has decided to uphold the judgement that was under appeal," Kassem's lawyer Nasser Amin said on Facebook.Kassem was sentenced...EU foreign policy chief to visit China next week
China while also maintaining ties with the world's second-largest economy. European Commission President Ursula von der Leyen has defined the position as "de-risking rather than decoupling" from China. The approach will likely be at the heart of Borrell's discussions with Chinese officials after the EU has taken a series of...Libya resumes flights to Italy after nearly 10 years of EU ban
Tripoli, Libya - A Rome-bound aircraft departed on Saturday from Libya's capital, restarting flights to Italy after a nearly decade-long suspension due to an EU ban, authorities in Tripoli said.The European Union in 2014 halted flights operated by Libyan airlines and banned them from entering member states' airspace, as the war-torn...European Union okays lighter pact on curbing car emissions
Brussels, Belgium - EU member countries on Monday adopted a watered-down deal on curbing car emissions, after auto manufacturers complained stricter measures could undermine electric vehicle investments.Led by France and Italy, the 27 nations voted for a less ambitious plan than the one put forward by the European Commission in November...EU readies to pay Tunisia for stopping irregular migration
The EU is to start releasing money to Tunisia under a pact aimed at stemming irregular migration from the country, the European Commission said. EU lawmakers, the bloc's ombudsman and migrant assistance charities have questioned whether the deal with Tunisia meets European rights standards. Tunisia is struggling with high debt...King Charles urges joint French-English effort on climate change
"Just as we stand together against military aggression, so must we strive together to protect the world from our most existential challenge of all -- that of global warming, climate change and the catastrophic destruction of nature," said the king, known for campaigning on environmental issues for the past decades.EU wants to renew herbicide glyphosate for next 10 years
BRUSSELS, BELGIUM - The European Commission is proposing to renew the use of the controversial and widely used herbicide glyphosate in the EU for 10 years in a text published on Wednesday, after a report saw no reason to block it.The European Union's 27 member states will discuss the proposal on...Iran denounces new Western sanctions on Amini death anniversary
Slamming the new sanctions imposed by the Western countries on the Islamic republic, Iran's foreign ministry spokesman Nasser Kanani termed them as "illegal and undiplomatic actions." The US, Britain and the EU announced new sanctions against many entities on the eve of the first anniversary of Mahsa Amini's death in...70% of jet fuels at EU airports will have to be green by 2050
Brussels, Belgium--On Wednesday, Members of European Parliament (MEPs) approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector.The RefuelEU aviation rules are part of the “Fit for 55 package”, the EU’s plan to reduce greenhouse gas emissions by at...EU chief wants global experts panel to confront AI challenges
Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific consensus on climate change. "I believe we need a similar body for AI –- on the risks and its benefits for humanity. Yes, with scientists, but also tech companies and...‘Historic’ EU-Middle East-India trade plan launched
At the G20 Summit in New Delhi, the US, EU, Saudi Arabia, and UAE have launched an ambitious trade initiative to connect railways, ports, and energy networks globally.Turkiye and EU to modernize the customs union agreement
Ankara, Turkey - Turkiye and European Union (EU) on Wednesday discussed the resumption of talks to modernize the customs union agreement between Ankara and Brussels.Turkish Trade Minister Omer Bolat said that his country, alongside the EU, was determined to enhance cooperation in the field of trade and economy.Following his meeting...2023 likely to be hottest year in human history, says EU climate monitor
"2023 is the year that climate records were not just broken but smashed," said Mark Maslin, a professor of climatology at University College London.Jordan exhorts ‘companies, institutions’ to switch to renewable energy
Amman, Jordan--Jordan is urging "companies and institutions" to switch to renewable and sustainable energy to reduce operating costs.In this regard, the kingdom's Minister of Energy and Mineral Resources Saleh Kharabsheh said Tuesday opportunities exist for cooperation to cut energy consumption across various sectors through implementing programs similar to those of...Meta to seek user permission for targeted advertisement
European regulators in January had dismissed the previous legal basis -- "legitimate interest" -- Meta had used to justify gathering users' personal data for targeted advertising.Jordan’s exports to EU climb 23.4% to US$192m in first five months of 2023
Amman, Jordan--Jordan's exports to the European Union (EU) shot up 23.4 per cent during the first five months of 2023 to $192 million compared to $155 million for the same period last year.According to Jordan News Agency (Petra), foreign trade data issued by the Department of Statistics indicated an increase...UAE president meets with Arab and EU leaders in Italy
The president met with a string of leaders from the Arab world and the European Union and discussed ways to deepen partnerships with these countries. During the meetings, Sheikh Mohamed explored ways with the leaders to support and develop these relations for the benefit of the people of all countries...VMware takeover by Broadcom okayed
Broadcom is seeking to expand into the software market.Tunisia and EU sign ‘strategic’ deal on economy, migration
The deal between the two countries will include partnership on irregular migration, economic development and renewable energy. Tunisia has been criticized over its treatment of migrants after President Kais Saied accused "hordes" of migrants from sub-Saharan African countries of a "plot" to change the country's demographic makeup.Wagner crisis shows Ukraine war is ‘cracking’ Russian power: EU
EU foreign ministers were scrambling to digest the fall-out from the uprising at their regular meeting in Luxembourg. Sweden's Foreign Minister Tobias Billstrom said the unrest was an "internal affair" for Russia. He insisted that the "most important thing" was supporting Ukraine so it can win back its territory.‘EU acknowledges, appreciates Qatar’s labor reforms’
The EU also lauds the exceptional execution of FIFA 2022 in Qatar. It helped refine Qatar's reputation and correct misconceptions. The EU is commitment to strengthening relations with Islamic and Gulf Cooperation Council countries, and seeks to combat Islamophobia in Europe, Stano points out.US exhorts Tunisia to agree to IMF reforms after EU offer
The EU offered a 900-billion-euro aid package -- contingent on Tunisia reaching an IMF deal. But Tunisian President Kais Saied has repeatedly refused "diktats" from the IMF and the US has led accusations that the birthplace of the Arab Spring is falling to authoritarianism after the dissolution of parliament and...Tunisia visit: EU chief to discuss economic and migration concerns
"Discussions will focus on the bilateral relations between the EU and to Tunisia," Commission spokesman Eric Mamer said. "An agreement on cooperation in the areas of the economy, energy and migration will be at the heart of those discussions."Eurozone in recession after two successive quarters of shrinking GDP
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from the EU's statistic agency showed. Eurostat revised down an earlier forecast that had predicted slight growth, after economic powerhouse Germany said last month it had fallen...Twitter ‘chose confrontation’ over EU disinformation code
The European Commission announced May 27 that Twitter had decided to leave the code of practice, to which other major online platforms such as Google, Microsoft and TikTok continue to adhere.Moscow issues 1.5m passports in occupied Ukraine territories
Russia has for years been issuing passports to people living in the eastern Donbas areas held by pro-Moscow separatists since 2014 as well as in annexed Crimea.Russian oil exports hit post-invasion high, says IEA
PARIS, FRANCE - Russia's oil exports rose in April to the highest level since its invasion of Ukraine, boosting revenues by US$1.7 billion despite Western sanctions, the International Energy Agency said on Tuesday.The Paris-based organization said Russian exports increased by 50,000 barrels per day to 8.3 million bpd last month, estimating that...EU boosts 2023 growth outlook for region
BRUSSELS, BELGIUM - The European Commission boosted its 2023 economic growth outlook for the eurozone on Monday but it also raised the inflation forecast for the single currency area.The EU executive's spring forecast is more optimistic than that issued late last year, despite inflation proving "stickier than expected" in its decline...EU’s imports in high-tech products worth $524bn in 2022
BRUSSELS, BELGIUM - The EU imported US$524 billion (€482 billion) worth of high-tech products from extra-EU countries in 2022 (+22 percent compared with 2021), according to an estimate published by Eurostat, the statistical office of the European Union .Exports to these countries reached US$485 billion (€446 billion) (+16 percent compared...