Ursula von der Leyen, the head of the European Commission, said the EU needs to come together to ramp up weapon production because the world has become a much “rougher” place.
Tag: EU
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SPOTLIGHT: BIGS GETTING BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
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ITALY SAYS OPENAI IS VIOLATING EU LAWS REGARDING HUMAN DATA PRIVACY AND OWNERSHIP
The data protection authority (DPA) of Italy says that OpenAI likely violated the EUs landmark GDPR data protection and privacy laws in the development and training of its ChatGPT generative AI system.
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PUTIN: WE’RE GOING TO HAVE TO TAKE MORE LAND BECAUSE OF WEAPONS RAMP UP TO UKRAINE FROM U.S. AND EU
Russian President Vladimir Putin said last week that his forces will have to seize more Ukrainian land because of the ongoing threat of long-range missiles that have been provided by the West.
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BLOCKCHAIN BATTLES
The European Union is following in the footsteps of China in the issuance of a digital currency that will monitor and exert control over commercial interactions of citizens there in unprecedented ways.
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IRISH FACTORY OUTPUT SLIPS IN OCTOBER
Ireland’s factory output sank 0.7 percent in October, more than twice the 0.3-percent decline analysts had forecast.
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EUROPE STRIKES “DEAL” ON AI REGULATION—WITH GAPING HOLES
News that the EU had finalized the world’s first comprehensive set of Artificial Intelligence industry regulations was cast as a landmark by most mainstream media.
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EUROPEAN UNION AGREES ON STRUCTURE OF AI REGULATIONS
On 8 December, negotiators for the European Union (EU) and European parliament settled on a framework of rules to govern AI, including how to regulate platforms and governments’ use of AI in biometric surveillance.
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OH, AND THE UN TOO
Governments around the world are debating how to guide AI. China and the European Union have laid out sets of rules. In the U.S., the Biden administration has issued an executive order. Earlier this month, Britain hosted an AI “safety summit” to initiate discussion of what to do.
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TOP TREND 2022, DRAGFLATION: EU WRESTLES WITH HIGH PRICES, SLOW GROWTH
Inflation in the Eurozone is stuck at too high a level and wage growth is keeping upward pressure on prices, Christine Lagarde, president of the European Central Bank (ECB), said in a speech last week at the annual meeting of the International Monetary Fund in Morocco.
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