On Oct 30, 2023, President Biden signed the Executive Order on AI, requiring AI developers and cloud providers to share safety tests and other crucial information with the government. It…
The European Union has long been a pioneer in tech regulation. In 2020, the EU unveiled its data strategy, designed to unleash the potential of vast amounts of big data and…
In the aftermath of the Cold War, a global village was emerging, driven by a belief in market power and the surge of globalization in the 1990s. Governments relaxed travel,…
In the past, Europe held a prominent position in the semiconductor industry, accounting for 44% of the global chip market share. However, soon after the turn of this century, manufacturers…
Trade protectionism involves restraining imports through various policy measures including tariffs, quotas, and subsidies to protect domestic industries from foreign competition. On the other hand, cronyism refers to the practice…
The Arab world is known for its rich history and diverse culture. Yet, it faces significant hurdles on its path to economic development. In the last two decades, the Arab…
Since the beginning of March, US regulators have closed and sold three banks: Silicon Valley Bank, Signature Bank and First Republic. The failures are the biggest to hit the US…
In times of crisis, governments frequently express concern about the potential harm to consumers caused by price gouging, which involves charging unusually high prices for essential goods and services, particularly…
Since the Agreement on Agriculture of the World Trade Organization (WTO) came into force in 1995, global trade patterns have changed, but a number of distortions have remained. For example,…
On December 13, 2022, delegates from forty-nine African countries and the African Union traveled to the United States to attend the US-Africa Leaders Summit. Burkina Faso, Mali, Guinea, and Sudan…