Chinese Hacking Targets European Cargo Shipping
A top cybersecurity firm, ESET, has uncovered Chinese hacking attempts in the European cargo shipping industry, marking the latest instance of China-aligned groups infiltrating Western economic infrastructure.
EU's Deforestation Crackdown is Underway
Deforestation is a major global problem, with agriculture responsible for a whopping 90% of it.
EU's Corporate Accountability Directive Stalled by Member States Amidst Opposition
European Union countries hit a roadblock on Wednesday as they halted the progress of new regulations aimed at making large companies accountable for potential forced labor and environmental harm in their supply chains.
Investor Groups Advocate for EU's Corporate Sustainability Directive Amidst Opposition
Investor groups are urging EU countries to support a proposed law, the Corporate Sustainability Due Diligence Directive, which would hold large companies accountable for environmental and human rights violations in their supply chains.
Russia Accused of Orchestrating Migrant Surge at EU's Eastern Frontier, Prompting Border Closure Threats
Estonia's foreign minister, Margus Tsahkna, has accused Moscow of orchestrating a "blatant hybrid attack" by facilitating a surge in migrants from Africa and the Middle East arriving at the EU's eastern frontier.
France, Germany, and Italy Challenge EU's Draft AI Legislation, Threatening Regulatory Deadlock
France, Germany, and Italy have opposed the EU's draft AI legislation, particularly regulations concerning "foundation models" that underpin large AI language models.
27 Countries, Including US and China, Sign Bletchley Park Declaration on AI for Responsible Development
The United States and China, along with 27 other countries and the EU, have signed the Bletchley Park Declaration on AI during a two-day AI Safety Summit held in the UK.
Germany Allows France to Subsidize Nuclear Plants
Germany has allowed France to use state subsidies for its nuclear power plants, breaking a deadlock in EU electricity market reform discussions.
Belgian Intelligence Probes Logistics Hub of China's Alibaba at Local Airport
Belgium is investigating potential security risks related to China's Alibaba Group's presence at Liège Airport, where its main European logistics center is located.
EU Electric Car Regulations Pose Billions in Costs for Carmakers
New Brexit trade rules related to electric vehicles could impose a significant financial burden on European auto manufacturers, potentially costing them £3.75 billion ($4.58 billion) over the next three years, as reported by BBC News.
Europe's Alarming Air Pollution Crisis: 98% Exposed to Dangerous Levels
Europe is grappling with a severe public health crisis as nearly everyone on the continent resides in areas plagued by dangerous air pollution levels, according to an investigation by The Guardian.
Europe Sets Course for Stringent Emissions Legislation Impacting Shipping Industry
Ships transporting goods in and out of the European Union will soon face significant emissions-related costs as they join the bloc's Emissions Trading System (ETS) starting in January 2024.
U.S. and EU Collaborate to Reduce Asia's Dominance in the Global Semiconductor Market
The U.S. and EU are taking steps to lessen Asia's stronghold on the global semiconductor market. With the shift of semiconductor manufacturing operations to major Asian countries, the U.S. and Europe have faced challenges in maintaining competitiveness.
Moody's Warns of Increased Supply Chain Risk Due to New EU Deforestation Legislation
Moody's has highlighted that the new Deforestation Regulation introduced by the European Union poses a significant risk to European supply chains.
Republicans ask SEC about EU cooperation over ESG rules
Republican lawmakers Senator Tim Scott and Representative James Comer have expressed concerns about European Union (EU) environmental, social, and governance (ESG) measures gaining traction in the United States.
Italy Launches €1 Billion Sovereign Fund to Strengthen Critical Supply Chains
Italy has unveiled plans to establish a €1 billion sovereign fund to support strategic companies and enhance domestic production, aiming to strengthen key supply chains.
Comparing the US and Europe: The Electric Vehicle Landscape
European governments have traditionally been more aggressive in regulating fuel consumption, but the United States is catching up with strict emissions regulations and fines for automakers that fail to meet EV sales targets.
EU Targets Strengthening Supply Chains Against Cyber Threats
Under new EU regulations set to come into force in 2024, European transport and logistics firms, including airlines, airports, and shipping lines, will have to bolster their cybersecurity measures.
European Uprising Underway over Electric Vehicles
Ever since the war started between Russia and Ukraine, many European countries have reverted to using coal and other less environmentally friendly practices.
Restrictions on Russian Oil
Since the European Union banned the shipment of Russian oil, it has disrupted global shipping patterns.