The European Stability Mechanism (ESM) is an intergovernmental organization founded in 2012 by the euro area member states. Its primary objective consists in ensuring long-term financial stability in the euro…
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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…
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Winding-up order issued against Evergrande – what does this mean for the Chinese authorities?
by Bob Lyddonby Bob LyddonIntroduction On January 29th 2024 international creditors gained a winding-up order against China Evergrande Group (‘Evergrande’) in the Hong Kong courts.1 This is a test case for the rights and…
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Surface and satellites measurements agree: 2023 has been the warmest year on record at 1.43°C above the preindustrial level and around 1°C since 1970. The effects of El Niño, a…
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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…
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The so-called BRICS have become a formidable collective force with a shared ambition to reshape the prevailing global order and bring about a multipolar world where power is distributed more…
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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,…
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Cars and trucks are polluting, dangerous, generate congestion and consume a lot of energy. Trains are clean, safe and energy efficient. A single convoy can replace up to 500 cars…
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Greensill Capital case damages the UK’s credit standing on the world stage
by Bob Lyddonby Bob LyddonIntroduction The UK government has cancelled its guarantees to a private lender – Greensill Capital – under the UK’s coronavirus support, without the obligation that was guaranteed having been discharged.…
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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…

