38 Burst results for "European"
Fresh update on "european" discussed on Balance of Power
"I'm Chris And I'm Susanna Palmer in the Bloomberg newsroom The European Union proposed banning seaborne oil from Russia while delaying restrictions on imports from a key pipeline This in an effort to satisfy Hungarian objections and clinch an agreement on a stalled sanctions package that would target Moscow for its war in Ukraine It looks like the reason COVID wave is easing in New York Bloomberg's Denise Pellegrini has more According to the CDC as of late this week 30 counties across the state are considered high risk for community spread But that's down from 54 The previous week New Jersey and Connecticut are still battling high infection rates though and neither state has a county that's considered low risk Bloomberg's Denise Pellegrini New York State is now offering driver's licenses with an ex gender identity marker the X option for licenses learners permits and non driver identification cards is being implemented in conjunction with a state law approved last June Proponents of the change had argued that limiting gender identity on license is to either male or female discriminated against non binary New Yorkers A Federal Reserve report says consumers see this year's inflation shock ebbing over time We get more about that from Bloomberg's affinity del giudice For now American C inflation throttling back to a stable 3% pace over 5 years based on data from the New York fed The current inflation rate is measured by the fed's preferred price gauges roughly 6% Central Bank is raising interest rates now to contain the outbreak There's a danger inflation expectations could become unanchored like the 1970s making it even harder for the fed to gain the upper hand Then he doubted Jude ice Bloomberg radio Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Susanna Palmer This is Bloomberg Your listening to balance and power with David Westin on Bloomberg radio.
Real Madrid beats Liverpool 1-0 for 14th European Cup title
"Real Madrid has earned its record extending 14th Champions League title by defeating Liverpool one nil Vinicius junior applied a close range finish in the 59th minute from frederico Valverde's drive across the face of the goal Securing a win that gave him Madrid coach Carl Ancelotti a record fourth European Cup title Real Madrid also claimed the Spanish league crowned the season Sadio Mané and Mosul were stymied on goal scoring attempts by Thibaut Courtois as Liverpool fell two goals short of a treble just a week after losing the Premier League title by one point to Manchester City I'm Dave
Fresh update on "european" discussed on Bloomberg Opinion
"Welcome to Bloomberg opinion I'm Ghani Quinn This week The younger forces in Taiwan the sub 40 generation they are very very willing to take up arms They really want to They gunning to it Tim carbon on whether Taiwan would be willing and able to defend itself should it be necessary Later we'll speak with admiral James de vice former supreme allied commander of NATO on NATO expansion First though The strengthening dollar raises the specter of what I call Little Fires Everywhere Because if you're in a developing country right now the last thing you need is a disorderly depreciation of your current against the dollar at a time when energy prices are higher Food prices are higher and the global economy is slowing down That's Muhammad el area on the dangerous ripple effects of a strengthening U.S. dollar I spoke with Marcus ashworth Marcus we're seeing a little bit of a pause now but since the start of the year the broad dollar index has appreciated around 7% 14% year over year We heard the Muhammad el Arian bites are we looking at bigger fragilities to come Well it's unusual to see emerging markets joined by a lot of the very large developed markets in all at the same time facing a very unpleasant circumstances with very weak currencies Accelerating their need to have to raise interest rates not only to combat inflation but support the currencies and because unfortunately this time around because all imported energy inflation really don't want to be currency even if their export led like say Japan or you can union this compound itself where we could currency So it's all about the strong dollar because the fed is raising rates so much more aggressively And then there's the added value of that reserve even currency or the dollar So all the sort of everything it wants a perfect storm Except perhaps you see the dollar having a bit of a breeder at last Well where should we look for fragilities because right now it seems like there is social geopolitical instability and so many places I'm thinking of places like Sri Lanka Pakistan but obviously other places around the world as well even China So yes there is a lot of other problems around the world and I certainly think that encourages people to rush into dollars particularly now they can get some yield as the bond markets have voted clearly with their feet We have yet to see a food crisis but it's clearly coming which will put a lot of pressure particularly on places like Egypt and North Africa but it will spill over into a lot of other emerging markets We're seeing clearly turkey under pressure again They're all bubbling away and the stresses and strains of the system are exacerbated by the strength of the dollar And buttons are starting to pop off the super aggressive bed also with during liquidity And the one thing which has kept the world survived through the pandemic and gross crisis is that the liquidity of super amounts of dollars Right and how much of the responsibility is on the fed because obviously it has to look after its own economy and there's huge inflation relative to what we're used to here in the United States so the fed has to worry about that But at the same time Janet Yellen used to always talk about feedback loops so if there are problems in other countries in the world that's going to eventually feedback to the United States as well It's just going to be a second order effect or possibly more than that until the U.S. economy starts to feel weakness because exports are falling away or there is a complete drop off demand Then will we see perhaps be used as a bit of an excuse by the fed For the moment that seems to be very little pressure on them internally to think of the rest of the world I do think that having yelling in the treasury is important perhaps you can argue it's too close for comfort since you just stepped away from the fact but equally it can be very useful because she knows everyone They're all talk to each other There's no doubt about it in the Bank of England takes a very careful look at what the fed does and likewise European Central Bank and back in Japan So I'm sure they'll be getting the incoming please stop hiking rates So quickly but whether they listen or not as you quite rightly summarize I don't think they can and then Yeah exactly And then can we count on the rest of the world to progress with things like structural reforms that might actually help their economies that's going to be difficult for them too if they can't even service their external debt right I think that's wishful thinking on the lots of different ways I mean yes some of them will have to not necessarily the time frame they want to do it in but some of them will absolutely have to do some more aggressive And they already are to be fair But it's a dilemma for everyone to be able to try and keep inflation down and avoid recession Marcus you sound a little less worried than somebody like Muhammad Ella Arian I don't want to over characterize what he's doing but is he maybe exaggerating a little bit Yes I think there's a problem in the world and I'm not sure they're going to get a bit of any time soon but there are certain things which if you look at the underlying strength in the labor market and economies in Europe U.S. and UK in particular are pretty strong China is able to do an awful lot of things which other economies can't say much control The world is going to suffer a correction because it's overstimulated left that stimulus in too long and it's got a horrible hangover should we call it combined with some logistics situations Chucking a war but we will get through this and I do think the dollar strength is overdone and it will probably carry on a bit longer but the point is is there for a reason until the world gets a better place The dollar is going to stay the place to be The treasury is now talking a lot about friend shoring so confining global supply chains to friendly networks don't quite know who these friends are yet But it must be pretty difficult for partners or people who thought they were partners to hear this many of them are not democracies Are we headed towards a system where many other countries are locked out of the U.S. dollar system and don't have enough reserves to pay for what they need to import Well we know who friends are because they're the ones who got currency swaps through the pandemic and before that the global financial crisis Yes it is a weapon Do they use it cleverly absolutely do I applaud what they're doing Yes I do actually I think this is the leverage they have and if you're without the dollar system then that's conscious decision and as far as I can say to your treasury the particular fact of handling things in a very smart way and that understanding what they're doing with Russia they're not being completely blanketly banning everything they've done in a very specific and clever way I think it's a wonderful job Marcus ashworth Next on Bloomberg opinion They might try to take an outlying island just to kind of show that they can Tim Caldwell on how Taiwan is navigating perilous waters More next.
Russia takes small cities, aims to widen east Ukraine battle
"As Russian forces continue to move on small cities in eastern Ukraine president Vladimir Putin is demanding European nations halt sanctions on his country and weapons shipments to Ukraine I'm Ben Thomas with the latest In a 90 minute telephone call Saturday with leaders of France and Germany the Kremlin says Putin affirmed Moscow's openness to resuming peace talks but warned against the continued transfers of western weapons to Ukraine and also blamed western sanctions for the disruption to global food supplies created by the war Meantime Russia's defense ministry released footage of Russian fighters who claimed its forces had captured another small city in the Donbass The second to fall this week After failing to occupy Ukraine's capital Russia has set out to seize the last parts of the eastern region not controlled by Kremlin backed separatists I'm Ben Thomas
Fresh update on "european" discussed on AP News Radio
" As Russian forces continue to move on small cities in eastern Ukraine, president Vladimir Putin is demanding European nations halt sanctions on his country and weapons shipments to Ukraine. I'm Ben Thomas with the latest. In a 90 minute telephone call Saturday with leaders of France and Germany, the Kremlin says Putin affirmed Moscow's openness to resuming peace talks, but warned against the continued transfers of western weapons to Ukraine and also blamed western sanctions for the disruption to global food supplies created by the war. Meantime, Russia's defense ministry released footage of Russian fighters who claimed its forces had captured another small city in the Donbass. The second to fall this week. After failing to occupy Ukraine's capital, Russia has set out to seize the last parts of the eastern region, not controlled by Kremlin backed separatists. I'm Ben Thomas.
Switzerland Has a Stunningly High Rate of Gun Ownership...
"You know, there's a lot of European countries that do allow guns, for example, Switzerland. And they don't have this kind of problem. Nothing close to it. So what are they doing differently? They've got more guns, actually. In fact, in a population of about 8.3 million people, there's an estimated 2 million privately held guns. Think about that. And yet going back in some statistics I looked at all the way back to 2016, actually, this is data from 2016, there were 46 homicide attempts with guns, none of them were actually successful. So that's good news, but again, 2 million guns. And yet they don't have these mass shootings. So what's going on? Maybe it's more respect for the weapons. Maybe it's a culture of having that respect for the weapons that's passed along. Fascinating to me, every man. Every male in Switzerland is actually required to have a gun. They're given a gun. By the government, and they have that between the ages of 18 and 33, the government trains them extensively in the use of that gun, but it's expected that they would have a gun in their home. The Swiss model being that they should be armed, but nonetheless, not engage in that combat. But they want to make sure that everybody knows how to at least the men there are a team to 34 33. Now how to use a gun. And then after 33 at 34, you are offered the opportunity to purchase that gun from the Swiss government and you can keep it in your home and you have to have a permit and all that stuff. So lots of guns in Switzerland and yet none of the horrific things like we've seen here.
Sweden: 5th COVID-19 shot to people over 65, pregnant women
"Sweetens promoting a 5th COVID-19 shot Sweden's recommending a 5th vaccine dose for people with an increased risk of becoming seriously ill including pregnant women and anyone aged 65 and over Sweden's social affairs minister says that the pandemic's not over and the nation needs to prepare for an increased coronavirus spread during the upcoming fall and winter season For most of the pandemic Sweden has stood out among European nations for its comparatively hands off response to COVID-19 I'm Charles De
European nations, streaming service delete extremist audio
"The EU's law enforcement agency is working with partners to delete extremist audio Europol says authorities in 6 countries have worked with the music streaming service SoundCloud to detect and delete hundreds of files containing extremist propaganda the plan was initiated by Germany's federal criminal police office and the EU Internet referral unit and includes teams in Denmark Hungary Portugal Spain and the UK europol says the content flagged includes jihadist chance in several languages and audio promoting right-wing extremist groups some of the material had already gathered several thousand hits I'm Charles De
President Biden Signs Ukraine Aid Bill
"The United States Senate passed the president has signed the $40 billion in aid to Ukraine. U.S. missiles are being considered for sale to European allies, harpoon missiles that could end the Black Sea blockade of Ukrainian wheat that the entire country needs. The Pentagon official told The New York Times that Russian troops have been forced to fight in smaller formations in the eastern area of Ukraine known as the Donbass because they're getting shattered by western artillery that's arrived just imagine if we had done this last year. It might have deterred everything, the stock market nastiness would have not happened.
Is America's Sovereignty in Jeopardy?
"Now what if I told you right now this question of sovereignty and who is in charge very well might be put in permanent jeopardy using an international health apparatus. Now there's lots of fail safes built into the constitution. The constitution is a domestic political document. It's the greatest political document ever written. The United States Constitution was not written for the times, was written to stand the test of time. Understanding human nature's predisposition towards greed. Selfishness, lying and cheating and stealing a diffuses power over space and time. There's so many layers of checks and balances in the U.S. Constitution almost as if the founding fathers were inherently distrustful of people with power and they were. Now, it spreads over space and time by it requires a lot of geographic land mass to be able to make decisions and time where it's intentionally long to be able to do something bold and dramatic. This is why the CDC and the FDA swooping in and taking away individual sovereignty. And states rights was something that was deemed unconstitutional was always kind of left to the states and by the way, most European countries do not have that model. I know some Europeans and they were perplexed when they learned about America's response to COVID that it was a state by state model. You see, in Germany, if Berlin wants to do something, it impacts Bavaria as it does um, as it does Munich, one size fits all governing model. In Austria, if Vienna wants to do something, it impacts Salzburg just as much as Vienna. In Europe, the power comes from the top in America the power comes from the bottom.
Portugal finds 5 monkeypox cases in men as outbreak spreads
"Several new cases of monkeypox have been confirmed in young men in Europe and one case in the U.S. The unusual outbreak of a disease typically linked to Africa was announced in Portugal and Britain one case of the disease was also confirmed in Massachusetts In a resident who had traveled to Canada and investigators are looking into whether it's connected to the European outbreaks infectious diseases medic doctor Erica chenoy said the patient was identified early on as a possible monkeypox suspect And this was really unusual because the patient had no travel history no exposure to animals that would be known to be reservoirs All the Portuguese cases involved men mainly young in Britain the current and previous cases did not seem to be linked suggesting there may be multiple chains of monkeypox transmission happening in the country I'm Karen Chammas
Lawful Ballots Delivered in an Unlawful Way? Highly Implausible
"In his commentary on 2000 mules, Ben Shapiro made the following observation. He said, in other words, the process is corrupt. And people are violating the law in how they are moving these ballots. But that does not mean that the ballots are being cast by dead people or that they are being punched by somebody in the back room somewhere. So Ben here is raising a point that others have raised as well. In fact, I see it here on the an article in the European conservative. It is theoretically possible that each ballot was legitimate. And so the point being made by Ben and by the guy in the European conservative is it could be that these are lawful ballots, legal ballots that are merely being delivered in an illegal way. And I want to address this point here. Number one, how would nonprofit organizations deeply embedded in these inner cities get their hands on hundreds of thousands of legal ballots? How would that occur? Let's think about that. Is it the case that all these people spontaneously decide, well, you know, I have a ballot and I'm filling it out, but yeah, I'm kind of too lazy to go to the Dropbox. I'm actually gonna go to the left wing organization and give them my ballot so they can hire mules in the middle of the night to go deliver them. I mean, I think you can see that this is implausible. Now, is it possible that the left wing organizations decided, hey listen, what we should do is identify a Democrats, go door to door, let's say in a housing project and collect everybody's ballot. Ourselves. And then we will hire the mules to drop the ballots off. Well, first of all, if that was going on, why don't these nonprofits say that? Why don't they admit that this is actually what they're doing? Well, of course the reason I don't admit it is, it's
'2000 Mules' Has Blown Up... And It's Making Fox News Look Horrible
"My documentary 2000 mules has broken out into the political and cultural mainstream. It's now become kind of unstoppable. In fact, today, at the European Union, a group, I think there are Dutch members of parliament. They have announced a screening of the movie followed by a discussion of the worldwide worldwide problem of election fraud. Yesterday, The Washington Post published a in depth and I mean in depth conversation a Q&A, it was kind of a feisty conversation. It involves actually a guy who's kind of obsessed with this issue. Philip bump, the national correspondent for The Washington Post. He's written like 6 articles about it. And he finally, well, I invited him to do a debate, and he said, well, I don't know about a debate, but maybe we can do a point counterpoint in exchange in The Washington Post. We talked for about an hour on Monday and I didn't expect him to publish the whole conversation, but he did. And it's awesome. I mean, when I printed it out, 23 pages long, so it's thousands of words. And as I was reading it, I was obviously focusing on the content. To be honest, I think he kind of got me, but that's not the reality. You could read and figure it out for yourself. Tomorrow, by the way, I'm going to do an in depth and discussion of that article and some of the other so called refutations. Of the movie. But as I was reading it, I was thinking to myself, you know, here is a movie that's being discussed, AD nauseam in The Washington Post, and yet it has not been mentioned on Fox News. So I think all of this is starting to, well, it's making Fox News look
Politico: FDA, Abbott Reach Deal to Reopen Shuttered Infant Formula Plant
"Baby formula it's amazing isn't it Politico FDA and Abbott reached deal to reopen shuttered form you plant Biden administration also released plans to ease strict import rules on infant formula from overseas amid shortages So we talked about this the other day right That they won't allow formula in the country from the European Union which actually in some respects has stricter requirements than here in the United States And that the FDA had its foot on the throat of Abbott and wouldn't let them really effectively produce more infant formula even though an investigation determined that four toddlers who got ill to who died that it had nothing to do with Abbott And their production facilities Now luck how easily this was fixed Or is being fixed it's still going to take weeks but you get my point First Biden says he's not a mind reader and first of all you have to have a mind to read But that said we talked about these two issues before Let ab produce let average produce an import infant formula from Europe
Why Does Joe Biden Care if He's in the Majority or Minority?
"So here's Joe Biden. Once extolling the virtues of the United States, welcoming in minorities. Not only are Muslim communities, but African communities, Asian communities, Hispanic communities, and the waves still continues. It's not going to stop. Nor should we want it to stop. And as a matter of fact, it's one of the things I think we can be most proud of. So there's a second thing in that black box. An unrelenting stream of immigration, nonstop, nonstop, folks like me who were Caucasian of European descent. For the first time in 2017, we'll be in an absolute minority in the United States of America. Absolute minority, fewer than 50% of the people in America, from then and on. Will be white European stock. That's not a bad thing. That's a source of our strength. That's not a bad thing that's a source of our strength. Now, I don't know what difference is. What does he care if he's in the majority race or the minority race? He cares because he believes that if minorities become the majority, that will benefit the Democrat party with more votes. I don't think Joe Biden sits around and says, oh, isn't it great that whites are in the minority? That's a great thing. That's a source of all these bromides and all these platitudes he's spewing out in that clip. He's doing that because he wants more Democrat votes.
U.S. Shortage Led Parents to Order European, Black Market Baby Formula
"There are large Facebook groups devoted to European formulas she writes where parents share spreadsheets and detailed notes on ingredients and how these formulas compare in their U.S. counterparts she notes This was written a year ago Some caregivers report choosing them because European brands offer certain formula options like those made from goat's milk Our mug from Pasteur from pasture raised cows Which are rare nonexistent in an FDA regulated form in the U.S. Other European brands because of the perception that the formulas are of a higher quality And that European formula regulations are stricter she wrote So on this sort of black market it turns out Americans are willing to pay big bucks for European formula Zelensky says that on one website selling EU baby formula you'll find German imports that run roughly $26 for a 400 gram box Which is about quadruple the price of the top U.S. baby formulas recommended by the times Now at times these nefarious black market imports have resulted in high profile busts like in April 2021 when U.S. customs and border protection agents in Philadelphia seized 588 cases of baby formula and valued at $30,000 that violated the FDA's quote import safety regulations So European babies are drinking this stuff left and right you see But our FDA won't allow these formulas into the United States Some may contend the FDA is simply keeping Americans and their babies safe which is no doubt what regulators want you to believe But this overlooks an inconvenient fact despite the FDA's efforts Americans are consuming vast amounts of black market baby formula and the children are doing just fine
FEE: How Government Created the Baby Formula Shortage
"There's a great site dot com to freedom based site It's a group that's been around since I was a kid It's been around a long long time And of course the propagandists like Buttigieg in the others are out there left and right but as they write here Christina now that's not her All right it cut off on my printer but let's get to the facts Few may realize if a baby formula is one of the most regulated food products in America You know who said that The New York Times Back in March 2021 Christina selenski writing in The New York Times said baby formula is one of the most tightly regulated through pilots in the U.S. With the Food and Drug Administration dictating the nutrients and vitamins and setting strict rules about how formulas produced packaged and labeled Well there's only four companies that do this Well now you know why It's so heavily regulated Nobody can really break into the market Despite these regulations more likely because of them many American parents buy an approved unapproved European formula even though New York Times reporters zelensky notes it's technically against the law There are large Facebook groups devoted to European formulas she writes where parents share spreadsheets and detailed notes on ingredients and how these formulas compare in their U.S. counterparts she notes This was written a year ago Some caregivers report choosing them because European brands offer certain formula options like those made from goat's milk Our mug from Pasteur from pasture raised cows Which are rare nonexistent in an FDA regulated form in the U.S. Other European brands because of the perception that the formulas are of a higher quality
The EU to Provide Financial Aid to Ukraine Military
"The European Union agreed Sunday to provide some 500 million Euros in arms and other aid to the Ukrainian military. From Politico, so there are two ways of looking at it. Why are we giving $40 billion in their giving $600 million? So if I can round it down a little bit and it makes it easier. They're giving half a billion and we're giving 40 billion. That's 80 times more. That's easy. Why? On the other hand, to be fair, the EU's treaties bar the block from using its normal budget to fund operations with military or defense implications. So this is a first for the European Union. For the first time ever the EU will finance the purchase and delivery of weapons and other equipment to a country that is under attack,
G7 foreign ministers meet to discuss Ukraine war, impacts
"Top top top top diplomats diplomats diplomats diplomats from from from from the the the the group group group group of of of of seven seven seven seven wealthy wealthy wealthy wealthy nations nations nations nations are are are are gathering gathering gathering gathering in in in in northern northern northern northern Germany Germany Germany Germany to to to to discuss discuss discuss discuss several several several several issues issues issues issues including including including including the the the the war war war war in in in in Ukraine Ukraine Ukraine Ukraine and and and and energy energy energy energy and and and and food food food food security security security security the the the the meeting meeting meeting meeting at at at at the the the the Baltic Baltic Baltic Baltic Sea Sea Sea Sea resorts resorts resorts resorts of of of of vice vice vice vice and and and and house house house house located located located located northeast northeast northeast northeast of of of of Hamburg Hamburg Hamburg Hamburg takes takes takes takes place place place place amid amid amid amid tight tight tight tight security security security security with with with with about about about about three three three three thousand thousand thousand thousand five five five five hundred hundred hundred hundred police police police police officers officers officers officers deployed deployed deployed deployed at at at at the the the the event event event event sites sites sites sites the the the the foreign foreign foreign foreign ministers ministers ministers ministers of of of of Ukraine Ukraine Ukraine Ukraine and and and and Moldova Moldova Moldova Moldova have have have have been been been been invited invited invited invited as as as as guests guests guests guests speaking speaking speaking speaking in in in in Berlin Berlin Berlin Berlin Ukrainian Ukrainian Ukrainian Ukrainian foreign foreign foreign foreign minister minister minister minister Dimitrov Dimitrov Dimitrov Dimitrov collabo collabo collabo collabo welcomed welcomed welcomed welcomed the the the the German German German German government's government's government's government's recent recent recent recent decisions decisions decisions decisions to to to to step step step step up up up up military military military military support support support support for for for for his his his his country country country country whether whether whether whether I I I I take take take take the the the the supply supply supply supply of of of of weapons weapons weapons weapons all all all all of of of of these these these these sanctions sanctions sanctions sanctions that that that that need need need need to to to to be be be be imposed imposed imposed imposed against against against against against against against against Russia Russia Russia Russia we we we we see see see see that that that that the the the the positive positive positive positive positive positive positive positive dynamic dynamic dynamic dynamic he he he he also also also also expressed expressed expressed expressed hope hope hope hope that that that that the the the the European European European European Union Union Union Union would would would would soon soon soon soon approve approve approve approve he he he he cranes cranes cranes cranes application application application application to to to to start start start start the the the the process process process process of of of of joining joining joining joining the the the the bloc bloc bloc bloc saying saying saying saying his his his his country country country country would would would would also also also also be be be be an an an an asset asset asset asset to to to to the the the the European European European European Union Union Union Union needs needs needs needs Ukraine Ukraine Ukraine Ukraine as as as as much much much much as as as as you you you you can can can can use use use use the the the the European European European European Union Union Union Union I'm I'm I'm I'm Karen Karen Karen Karen Thomas Thomas Thomas Thomas
France's Macron to be inaugurated for second five-year term
"France's France's France's France's president president president president Emmanuel Emmanuel Emmanuel Emmanuel macron macron macron macron has has has has been been been been inaugurated inaugurated inaugurated inaugurated for for for for a a a a second second second second five five five five year year year year term term term term the the the French French French national national national anthem anthem anthem the the the must must must see see see as as as long long long the the the re re re election election election of of of a a a French French French president president president who who who vowed vowed vowed to to to take take take action action action to to to avoid avoid avoid any any any further further further escalation escalation escalation of of of Russia's Russia's Russia's war war war in in in Ukraine Ukraine Ukraine then then then the the the president president president said said said he he he would would would focus focus focus on on on France France France and and and Europe Europe Europe on on on the the the world world world stage stage stage the the the time time time that that that is is is beginning beginning beginning will will will be be be the the the time time time of of of arresting arresting arresting eight eight eight action action action for for for France France France and and and for for for Europe Europe Europe thus thus thus the the the act act act to to to avoid avoid avoid any any any escalation escalation escalation of of of the the the Russian Russian Russian aggression aggression aggression in in in Ukraine Ukraine Ukraine which which which helped helped helped him him him not not not because because because he he he encouraged encouraged encouraged to to to win win win build build build a a a new new new European European European peace peace peace an an an annual annual annual turning turning turning me me me on on on all all all continents continents continents the the the
Live updates | Hungary's Orban rejects EU ban on Russian oil
"Hungary's Hungary's Hungary's Hungary's prime prime prime prime minister minister minister minister has has has has said said said said his his his his government government government government would would would would not not not not supported supported supported supported new new new new wave wave wave wave of of of of European European European European Union Union Union Union sanctions sanctions sanctions sanctions on on on on Russia Russia Russia Russia if if if if they they they they include include include include a a a a ban ban ban ban on on on on Russian Russian Russian Russian we'll we'll we'll we'll speaking speaking speaking speaking on on on on state state state state radio radio radio radio Hungarian Hungarian Hungarian Hungarian prime prime prime prime minister minister minister minister Viktor Viktor Viktor Viktor Orban Orban Orban Orban said said said said in in in in E. E. E. E. U. U. U. U. embargo embargo embargo embargo on on on on Russian Russian Russian Russian oil oil oil oil would would would would be be be be like like like like dropping dropping dropping dropping an an an an atomic atomic atomic atomic bomb bomb bomb bomb on on on on Hungary's Hungary's Hungary's Hungary's economy economy economy economy the the the the nationalist nationalist nationalist nationalist prime prime prime prime minister minister minister minister said said said said the the the the country's country's country's country's geography geography geography geography an an an an existing existing existing existing energy energy energy energy infrastructure infrastructure infrastructure infrastructure makers makers makers makers shots shots shots shots out out out out of of of of Russian Russian Russian Russian oil oil oil oil unfeasible unfeasible unfeasible unfeasible Hungary's Hungary's Hungary's Hungary's government government government government has has has has family family family family a a a a pasty pasty pasty pasty plans plans plans plans to to to to include include include include a a a a ban ban ban ban on on on on Russian Russian Russian Russian energy energy energy energy exports exports exports exports as as as as eighty eighty eighty eighty five five five five percent percent percent percent of of of of Hungary's Hungary's Hungary's Hungary's gas gas gas gas and and and and more more more more than than than than sixty sixty sixty sixty percent percent percent percent of of of of its its its its oil oil oil oil comes comes comes comes from from from from Russia Russia Russia Russia I'm I'm I'm I'm Karen Karen Karen Karen Thomas Thomas Thomas Thomas
"european" Discussed on The Breakdown with NLW
"Crypto using three factor authentication, providing a simpler, safer and smarter way to store, buy, swap, send and receive crypto. Arculus is offline cold storage. Your private keys are encrypted on the Oculus keycard and are never online. Stay safe from hackers with no cords, no charging, no Bluetooth. Just crypto security made simple. By arculus on Amazon today. The breakdown is sponsored by FTX U.S.. FTX U.S. is the safe regulated way to buy and sell Bitcoin and other digital assets. With up to 85% lower fees than competitors. There are no fixed minimum fees, no ACH transaction fees, and no withdrawal fees. One of the largest exchanges in the U.S., FTX U.S. is also the only leading exchange that supports both Ethereum and Solana NFTs. When you trade NFTs on FTX, you pay no gas fees. Download the FTX app today and use referral code breakdown to support the show. So to wrap our heads around a little bit of what this means, we turn once again to Patrick or patty Hansen. He's the head of strategy and biz dev it unstoppable DeFi and has become the interlocutor of European Union politics for the crypto industry during these proceedings. He wrote last week, I hate to ring the alarm bell again, but the EU parliament leaves us no choice. First red flag, different from the initial proposal that only required to collect not verify personal data from transfers made from slash two and un hosted wallet, the draft now requires to quote verify the accuracy of information with respect to the originator or beneficiary behind the un hosted wallet. But it doesn't say exactly how a crypto service provider should be able to verify the un hosted counterparty. The consequence of this, in my opinion, is that most crypto companies won't be able or willing to transact with un hosted wallets anymore in order to stay compliant. Second for every crypto transfer from an un hosted wallet over one K Euro, companies are obliged to inform the quote competent AML authorities. For all these transactions, even if there is no sign or suspicion of money laundering, this is an absolute violation of privacy rights. Third red flag, one year after entry into application, the EU commission will assess the need of quote additional specific measures to mitigate the risks posed by transfers from or to un hosted wallets, including the introduction of possible restrictions. This means that the EU commission might be prohibiting transfers from and to un hosted wallets entirely, as was already suggested by some members of the parliament in an earlier draft. Fourth, while the financial action task force travel rule only requires these measures for transactions over a certain amount, one K USD, and the TFR for Fiat only requires the information sharing for transfers over one K Euro, the draft sets no minimum thresholds for crypto transfers. That means that soon every single satoshi transaction that is not purely P2P will have to be accompanied by the sharing of personal information. This is a totally unjustifiable double standard. If anything the AML requirements for cryptocurrency should be lower, since blockchain based transfers offer new and additional ways to track and monitor. There are more problematic passages in the text, but these are the main ones to focus on. This proposal cracks down on a hosted wallets and creates huge data honeypots for hackers. What's concerning is that this time different from the proof of work ban in the Mika regulation, the council or member states seem to be on the same page with the EU parliament on these issues. No threshold for crypto transfers and crackdown on un hosted wallets. Now to this thread Paul Tang, who's a member of the progressive alliance of socialists and Democrats for the Netherlands, responded, and Tang has made himself the chief provocateur on Twitter as it comes to this legislation. He writes, another week, another social media storm by crypto Bros. Now about the transfer of funds regulation. Just like bank transfers transferring crypto like Bitcoin should be accompanied with information about the person sending and receiving the funds. Now the European Parliament wants to cover also transfers to and from un hosted wallets. These are wallets where crypto assets are stored on your PC without the involvement or knowledge of anyone else. Similar to holding cash in your pocket. But cryptos are extremely mobile and operate in a borderless world. This means that funds from un hosted wallets often come from unknown sources. And money going to un hosted wallets may end up in the wrong place, for example, with terrorist groups. So the identity of unhosted wallet holders needs identification, just like you need to identify yourself when you deposit money at the bank. And we want authorities to be notified in case anyone person receives a total of €1000 plus from un hosted wallets. This is a red flag. The parliament also covers all crypto transfers regardless of their monetary value. The unstable value of crypto assets makes a threshold in Euros difficult to enforce. And smurfing allows for many small transfers to be coordinated so as to escape any threshold. These are important tools to fight money laundering and terrorist financing. Some crypto lobbyists won't like the extra work, but being part of our society comes with obligations. Banks already fight criminal money. Crypto Bros should step up to the plate and do so too. And so here in a single tweet and a quote tweet response, you have the gist of this argument. The great debate is about financial freedom and sovereignty on the one hand versus the boogeyman of crime and societal obligations on the other. On the side of the state or MPs like Tang and aurora le Luc, who said we are talking here about a serious subject. The fight against money laundering, the financing of terrorism crime, keto crime, a subject that deserves no controversy, no buzz. Avoiding new victims, defending the general interest, these are our values. On the other side are those who view these rules as overly strict, more strict in fact than the banks. More its corner from the liberal free Democratic Party representing Germany says, if we impose stricter rules on the crypto economy than on the traditional financial sector, we risk once again over regulating and innovative economic sector that will, as a result, thrive in markets outside the EU. Michael Hugh Gavin, a member of the European conservatives and reformists for the Netherlands says, the greatest asset of blockchains are traceability and transparency. The amendments to the transfer of funds regulation make transfers to a wallet unnecessarily complicated. Come with privacy risk and will hinder innovation. I will vote against it. Pure person again, though not in the EU parliament also articulated the position of many. Regulating the uses of crypto requires a good understanding of how it works. We can not transpose banking and financial regulation applied to a centralized ecosystem to a brand new ecosystem. We have to invent a whole new KYC AML model adapt to this new technology. This leads us to the determination of political objectives by the regulator. To date, the Fatah has not been able to adapt its recommendations to the new technological dimension. It needs to use tools enabled by this technology to work on a new framework based on the risk approach. To date, the presumption of guilt weighs on the centralized actors and users. The prohibitive approach seems to dominate in Europe. These choices will condemn these nations and financial competition. The nations that have the courage to work to learn without dogma will be the winning nation in this international competition. Not because they will be the lowest bidder, but because they will have known how to regulate intelligently. So there are obviously a lot of specifics to this debate. While at company ledger wrote a blog post, for example, pointing out using figures from chain analysis compared to figures from the UN that Fiat currency money laundering is 232 times as large as crypto money laundering. Another starker way to put it is that the amount of money the UN estimates was laundered last year through traditional means, it's around the same size as the total crypto market cap. These are the types of details that should be debated with more time. But I don't think those specifics are really why this issue gets so hot. I think why these debates are so triggering is that there are a microcosm of the great and central conceit of really all modern politics. The rights of individuals versus the obligations of participation in a society. I point that out as a way of saying that it is not only fair but good to have those debates. Especially when they are had in good faith. This is a precarious balance that is constantly shifting. New threats and new circumstances do require new evaluations, but so too do threats to individual sovereignty. If we really decide as a society that we have zero tolerance for any financial crime, then yes, we can also put human financial surveillance to 100 and financial sovereignty to zero. But that would also necessarily mean the end to cash, among other things. What it seems strange as it admittedly outside observer is the way in which two major issues now of dramatic importance to the cryptocurrency industry have been pushed into legislation at the last minute without a lot of time for the industry to comment and engage. Now I will admit I could have the wrong of that. It could be partially on the industry that we haven't been paying enough attention or engaging enough. But it's still feels strange and hurried. This sentiment was sort of validated by silk Noah, a lawyer at gnosis, who pointed to Russia's invasion of the Ukraine as an accelerating force for, well, everything. She writes, since 2021, negotiations have been ongoing to extend the scope of the TFR to crypto. IE virtual asset service providers must collect and make accessible info about the sender and beneficiary of crypto transfers. Due to the Russian invasion of Ukraine, the drafting of amendments has been speeded such that it now represents a masterclass in how to kill the EU's most promising industry. Whatever the case, unlike the Mika proof of work ban, this one did not go our way. At ten 21 a.m. this morning, east coast time, Patti Hansen writes, breaking the econ and lead committees of the EU parliament voted in favor of the FTR compromises D and E that cracked down on quote unquote un hosted wallets. The entire regulation draft to be voted on later today, but will certainly go through. So what happens from here? Well, one, I will not pretend to understand the EU legislative process at all. But again, here's what Patrick Hansen had to say about it. After the vote today, the econ proposal will be announced in the plenary session probably sometime in April. If no one challenges that by requesting a plenary vote, the between the EU parliament commission and council will start shortly after. The trial usually takes a couple of months and offers the last chance to introduce changes. Individual voices from the council and commission make me optimistic that we can still achieve changes. But the situation is undoubtedly more difficult than with the proof of work ban. Now, what about partisanship? Obviously I talk about that a lot in the U.S., monitoring, if and how crypto is becoming more or less partisan. And I've described how I believe that it is to crypto's benefit, how it seems to be bucking the tide of rampant partisanship. In the EU, it would be tempting to look at these results and see it as a left alliance for this identity verification and a right alliance against it. But even here, that's not fully true. If a Cali is the vice president of the Euro parliament and is from the progressive alliance of socialists and Democrats and a member for Greece, she wrote on March 29th, head of the vote for AML, it seems necessary to not put EU in the backseat of DeFi and innovation, but to support the initial approach of TFR. Proportionality and smart regulation for innovation friendly principle should be the spirit. Hopefully EU will make the right decision. Ever kept up for tweeting this morning, she retweeted Cameron winklevoss from Gemini who said when it comes to AML efforts, the inherent attributes of the blockchain, traceability, auditability, and transparency, allow it to be an effective tool to combat illegitimate activity. Subject to protecting privacy and other individual rights. She also added transfer of funds from un hosted wallets to EU crypto asset service providers should be possible in a proportionate way, otherwise EU risks circumvention of EU infrastructure via non EU providers to fight crime and corruption while remaining tech neutral and innovation friendly. And finally, no matter what happens today, there is a need to discuss further in the European Parliament. We will host workshops with experts and work with colleagues that have the best intentions for a proportionate responsibility of European Union, crypto asset service providers. So there will be a lot more ink spilled on this. There will be debates in the EU around the specifics of wallets around the practicality and legality of requiring parties to provide KYC of third parties of crypto's relevance to the EU economy and more. There will be a temptation by many in the crypto industry to say screw them all to believe firmly that this means that the regulators in the European Union do not have the best interest of this industry anywhere near their priorities. But I think that it would be a mistake. It may be late in the game, but the process isn't over, and what's more, even if it's a slim chance, changing laws before they're made is a hell of a lot easier than changing laws after they become laws. I will, of course, be keeping track of this and sharing resources where I can. For now I want to say thanks again to my sponsors, nexo IO, arculus, and FTX, and thanks to you guys for listening. Until tomorrow be safe and take care of each other. Peace. Hey breakdown listeners come join coin desks consensus 2022. The festival for the decentralized world this June 9th through the 12th in Austin, Texas. This is the only festival showcasing and celebrating all sides of blockchain, crypto ecosystems, web three, and the metaverse, and is designed for crypto newbies, investors, entrepreneurs, developers, and creators. Don't miss speakers like Kathy wood, SPF, CZ, punk 6 5 two 9 and Joe lubin to name just a few. Use code breakdown to get 15% off your pass at coindesk dot com slash consensus 2022..
"european" Discussed on Travel with Rick Steves
"How the children and grown-ups of Hungary Portugal and Prague get excited about Christmas next on travel with Rick Steves. We'll hear what it's like to return to your hometown in Portugal for Christmas. And there's a fishy tale from Prague you won't want to miss. That still ahead on today's travel with Rick Steves. Right now, we're joined by a friend from Budapest. George farcas is here to share the Hungarian vision of a magical Christmas. Hey George, Merry Christmas. Thank you. Merry Christmas to you. How do you say Merry Christmas in Hungarian, Bordeaux Karachi? And what does that mean literally? Merry Christmas, George, if you think back to your fondest memories as a child growing up in Hungary. Christmas memory, what would it be? Preparation for Christmas is always exciting, and obviously excitement of trying to find out what you're going to get. And then your parents would hide your Christmas gifts in the house and then obviously once they go to work and you're already off from school, you're going through all the cupboards and trying to find what they prepared for you. Are you kidding so mom and dad are a way at work and you've got to let you go through all the couples and trying to find what they've prepared. And there was one time when there was a box of there was a gadget of some type, which I didn't really care for, and I was very, very disappointed to receive it. And then I founded that it was hidden for the next door neighbor's daughter. Or whatever. And I thought, oh no, don't tell me this is what I'm going to get. I'm just like really that. But the gifts were just hidden until they were ready to give the course. I understand it starts with what the eve of saint Nicholas. Yes. And that's earlier, right? It's on the 5th of December, and that's one of the big days and the night before the 5th you have to polish your boots so they have to be spotless and clean and then you put them in the window and then you go to sleep and then for next morning you get up and the first thing before you do anything, you actually run to your boots and see what Santa Claus brought you over tonight. And if you were a good boy exactly if you were a good boy or a good girl, you got the present, if not, you got a couple of pieces of tree branches tight together usually sprayed silver or gold. And there would be a red ribbon and then that would show that you were not really behaving well, and then this is what you're going to get hit with. You chased with this is on December 5th and then is that a way for you to sort of if you get the sticks to become a better child a nicer child and then on December 24th, you'll get another supposedly that's a massive opportunity. Yes. And then it must not imagine if you would get maybe chocolate or you will get tiny maybe a pair of gloves or something like that. And then none of the parents would miss to put one of these little tree branches in because there is always a way to improve. So always a little room for improvement. Was there a descendants have a partner in this little activity? Well, our other character that we would have that would be krampus krampus is most of the time is a female and she would be dressed in black and would have a long tail and a black glove zone. And it would be scary. So, again, if you got those wooden branches and then you could expect to be chased by the krampus. So your terrorized at the beginning of the you could say that yes. This is travel drinks. These are talking with George farkas. He's from Budapest in Hungary. George, let's go right up to Christmas Eve notes Christmas Eve and a to understand the parents will take the family out and buy the tree on the 24th and decorate it will vary traditionally traditionally and then how does it then play out for the children? What is the? So you basically you're decorate your tree and then always a huge preparation to clean the house and get everything decorated and ready and set the table and mommy's cooking dinner and then you go and sit down at the dinner table. You can't wait to finish your meal because after the meal, this is when you actually receive your presence. You kids are trying to be polite and make conversation at dinner, but all you want to be. Of course. Let's get to the presents. So if you can even think back to that, you already see the presents many times. You see the presence under this. So imagine yourself sitting at this table and then you have the Christmas tree the older boxes are under the Christmas tree and you're thinking which one is going to be mine. And what would the traditional food items be on the table? That would be poultry or most of the time it would be fish. Yeah, so we would have like a carp soup, which, again, with Hungarian traditions would be fairly similar to gouache color, texture type of goulash. Yes, you could say carb guiche. We call it a fish soup, but all you care about is those gifts under the tree. Before you get to the gifts, what would be the most popular or most beloved dessert for Christmas time is in special cakes. Automatically, it's called Bagley. And you should imagine ado listening on your pan and then you put filling in and you roll it up and the feel and you probably would be surprised, the most popular one is poppy seeds, poppy seeds. So we eat a large amount of poppy seed, big quantity of popcorn, and I usually make a joke that it nearly stops us entering the European Union because they wanted to control the amount of poppy seed. And I usually say that we stood up and said, if you want to spend our purposes we're coming, if not, we're staying at. Hungary with puppy seeds are not at all. And for a lot of Americans, the candlelight silent night is the most beloved Carol what would be the most popular Carolina? I would say the Hungarian version of that. How do you stay silent in 19 Hungarians?.
"european" Discussed on Travel with Rick Steves
"We won't go until we got some we won't go until we got some we won't go until we got some so bring some of her and in Belgium and in the Netherlands they're preparing for Christmas and I'm joined by two people who live in the Low Countries Fernando menge and Nina derricks, Ferdinand Nina, thanks for being with us, and how does it unfold? What's the sort of structure of the holiday celebration? We really looking forward always to have that time of the year Christmas, but we start already earlier, especially in Belgium and hall, we have the 6th of December that a lot of people don't even heard of. You have sent the class. We have central class. Are we celebrated both in Belgium and in the Netherlands? Yes. And that was a little maybe a little bit more innocent of the class. You remember when the synth arrives from Spain and it comes on a boat and it's an Amsterdam and a canal somewhere. Yes, in Belgium, we used to tune into Dutch television to see Nicholas arrive on his steamboat from Spain and it dates back to a story about an ancient bishop in Spain who was very benevolent and then it got 3D through the centuries turned into somebody who rewarded good children which, of course, parents exploited very quickly. So when you were a child, you watched on TV, saint Nicholas. Oh my God. Actually, who took the steamboat from Spain? Writing in Amsterdam. And I was official welcomes for saint Nicholas he also had his servants with him black Peters. The black Peters, yeah? Yes. So this was his sidekick, black Peter. Black Peter, that's right, yes. Who basically, the scent on the night of the 5th December into the chimney, so they covered in the dress in renaissance gear they have these velvety breaches on. And they have a huge bag and a whip, which is for the bad kids. So they come and take your bad kids from your home. This is terrifying. I remember I can tell you story livable my childhood. My mom and dad used to play this very well. I was kind of, I wouldn't say obnoxious kid, but anyway, I was kind of hard to handle and he always would run that time of the year. I was very, very, how are you saying? Terrifying. A little because the arrival of black matter. She would tell me he's coming and he's going to come and covered with black suit and with a whip. Oh my gosh, I was totally afraid. You're a good little boy. I was a good little boy. Just for that. Parents use saint Nicholas day, December 6th. Yeah. Is that what it is saint Nicholas day? And then if you're good kids, you have some presents. You get rewarded at what you do on the night of the 5th of December. You put your shoe out because those years ago you get tiny presence. You have your shoe and what you put a carrot for saint Nicholas's holes because they come over the roof, saint Nicholas seat on a horse, black Pete on a mule with a big bag and a whip and then they'll come through the chimney and then they'll give the food to the horse in Belgium also put a trappist in the shoe most beer. Monastery beer to reward black people. See a bright black Peter with a little beer. To not use his whip on you and hopefully next day you find presence because if not the fine charcoal or you find twigs in your shoes and somehow the next morning, black Peter Drake the beer, the beer is probably gone. My dad would usually be very happy that he probably drank it. Remember when we had no carrots? I'm talking about some years ago, but carrots is not really a vegetable that was grown in the winter. We put some sugar lumps in it there. Okay. Because horses like sugar. So the reindeer didn't come, then it was coming from Spain and with his horse and on the 7 day and no win for the kids. And I remember my mom going to the local bake during the week we didn't notice his kits, and she would make an appointment and then the local bank addresses up as saint Nicholas. The dress up as black people. They rattled chains on the shutter so you terrified this children under the table. We were sitting on the table. I remember that. The same comes in and you know the voice from the baker. And he opens the big wide book with all your sins so you believe this is true. He knew you. He knew you were like oh God, New York was a very local at the time. The size of town. Okay, so that's December 6th. And then there's a couple of weeks where not much is going on or what happens. There was a time that don't you think Nina that sonic loves was actually a bigger party than that Christmas because they were presents. And then when Christmas, Christmas was more the religious movement family and much more in church was much more the birth of Jesus and it was the religion and you went to master the nightmares. I wasn't a choir, I was acquired. I didn't get presents when I was young for Christmas. And saint Nicholas. And now it's all changing. In the closet still there, but not as much because they have the big dinner and then you have the presentation. On the tree. Let's talk about the Christmas December 24 December 25 celebrations in Belgium. What would happen typically? We do mostly every year. It's like 24, we are invited with our families, the night before Christmas. We have a great dinner. We get the gatter, and we open our presence at midnight, at midnight. Yeah. Is that after church or regardless of church? It depends. If you go to the midnight mass, which usually started on 11, you'd be out midnight. Did you go back home around midnight half past midnight and Daniel open your presence? So kids are staying up pretty late on that. Oh yeah. It's great. Every time. It's so fun to talk to both of you about this because you're both lighting up like children here remember what it brings back memories. I thought it was a fantastic time. Can you please just because I love the Flemish language? Wish our listeners.
"european" Discussed on SRB Media Podcasts
"Got the both you know. It really is a good read but he called. Get it now. You know unless you buy off someone else or you find it somewhere where you know in alive via something but it it. It really is a good read because it tells a story valley you know that road rough it up and it was. It was a long road paul because he can imagine. a fish. Game is on the sixteenth of september. So close to that. Now it's nearly starts and the last game overseas wednesday. The twenty fifth twenty six twenty six twenty six night. Let me just get that right. Twenty six mate in russia and in between now with a bit of a disastrous season in the league or something we could child but also obviously the winning of the older pink coke was the big thing is that year. Let's just talk briefly bite. Rob rob scott a tremendous career as a journalist during steph for aston. Villa also did a piece Bishop's both in the sports august that was always very very enjoyable raid the goi as an encyclopedia football particularly aston villa. All just think forty years on Okay twenty years ago. Offering the publishers should do it rerun and publish a load more books so villa supporters of the more modern. I each combined that book and read just fantastic. You is were in those days. 'cause you really. It's a story that should be told it needs to be told. There's also the documentary. That's coming out of there. Were certain sunni talks about it that documentary but you. Ned roundabout trade six of my next year to commemorate the forty years of. You'll fantastic achievement is still gonna be connived. I wish this to pull place you know so you can keep this world onto your hat until next week. But we're gonna make a to the forty website We're gonna make it at announcement we are at the moment. Do not filming so we started. Yesterday it's done today amadou tomato so what to do with us. Paul is that we've got to be twelve players. You're going to get the face long in this in this documentary as obt splurgy. Say it's gonna be next. May before the european final european champions league final so far we're doing about three plays a day so i've i was on yesterday mold. In fish chemic- knowledge made his way down from scotland to do the second session. Gb cable from swazi to do to save section so that was the day today so all three of those all three of us. We lengthy talks with the guy. Who's who's in charge of it. You know something about couple of hours so this is going to be a lot of stuff that he's going to collect and then he's going to have to head into an out a half something like that show..
"european" Discussed on SRB Media Podcasts
"The football league. He's got such a. It's such a history and and but that history thing was all before the will it was before the war after the rollers the was the faa cook. Win a with johnny dixon team yet in fifty seven fifty eight anyway. Yeah yeah fifty. Seven analysis less time really thought a big prize had been because when you look at the big prizes. Bfa swimming the trump picture you know. The the icing on the cake is winning a european trophy so it never been done by a but then you go as you say you go forward a liaise and you see well forested you know. I mean that was just phenomenal. Really where they came from. At least when you look avila you think about the history with it forest out that history that was associated to the football club. You so yet. You know from all points of view from a science perspective of aston villa. They should have been waiting mall. I suppose you know 'cause it was it was a big club on obviously still as So you know. The recognition was with by possible. I think as the years wore on. I think we seem to drift out to people's vision and mine's about us davila one when your opinion cook but this is we know the records books weed out within the history show at all. Put it to view. We will always be the greatest villa side to win the league. Win the auto paean until under the team does of just gonna do Alan hudson always those of gutter keret chapel. You're the brightest west midland side. That has ever played football since eighteen eighty eight. That's site magnificent. Aston villa you'll achievement with your players has been to win the league and then when the european cope a. Not win the champions league now but it's easier to win the champions league because you don't have to apply four t to lay games to get into that tournaments. You can finish fourth in leg so for me. It's always been more difficult trophy to win the european cup. It's the defining champions of europe. I wouldn't disagree with you paul. You said it the way you know any commentator lot yourself because you understand the game. You'll understand the achievement as apply. Sometimes you you try to avert to knock down a little bit more sympathetic about it. Yeah you know you don't want to over blow the achievement. But i think what you think forty years ago. Yeah that which is what it was. You know this. Is this like this season. Eighty eight hundred eighty two. This was the start of the road to russia as we called it. All book that we brought at the end of that all in twenty years after the Celebration and it's from that book where you know. I got really good stories and quotes the games that we played is women disco system this book that was written folded by rob bishop who is a report to as there's awake for the villa these days but also is a great writer books as well about you know in the midlands. I'm british tasteful. In in twenty in two thousand and one yet to commemorate the row cold road to rotterdam and it was a book entitled to and then for those people who got it..
"european" Discussed on SRB Media Podcasts
"Wellard. Welcome all to through. The is champions of your wonderful. Does that same de. He's only showers. Good it's you know it's it's it was a great from my point of view everyone the league the season before it was just the icing on the cake rarely to in a way i feel proved to everybody that being champions at eight hundred. Eighty one was no fluke. I go onto the champions league or the european copacetic was dead. You know it was it was it was. It was accomplished with very much. The same place played at eighty eight thousand that season. If anyone saw the acid villa we get to the final. And we'd i wouldn't have thought into many. There's obviously i don't think we did. But it was a chance. There's always a chance blow and we took a chance and everything worked out well. Given the fact that england did add a really good record in in europe in the european cup in particular. Had that stranglehold on it from seventy seven through to knowing say ninety. Two and two scouts is from the same school. Lifted it which that will never ever be repeated. The aston villa were at least the equal to either liverpool or nothing in forest a distinct the with the perception of it was they only won the league in it. One and then. I played the european cope. They had no internationals in the team. They would just assaulted from the middle of the country in birmingham so under developed a really good team or you could argue certainly two teams both in the well. Villas team that went on with his most successful than the first thing in the image of the first team but philanthropy knocking on that door for several seasons. And that some fantastic pliers. Denny's i'd agree. Paul for you know we. We've spoken about before about the seventy six seventy seven team. Will they should have been most successful but the but we never. We never reached a height stop. I felt we would do especially after that season. We mentioned before while about rum building under the team in that model. Did you know what a the difficult things is. When people say i still villa. They wouldn't wear to change yes. It's not like liverpool or nothing good. You can easily pinpoint that but when you look at the villa people will say well where this team i think the other side of israeli did you get recognized and be while that the fish teams. You know.
"european" Discussed on ESPN FC
"You care about numbers. The well i'll be honest. Only be as good as somebody coming in. Go by the way you number is all this route. That was ed regardless forever. Liverpool tila left with selflessly own. Ask me number those heady days of the night in if the ninety four slightly Four lately shape identifiable before you went and chef who hunt four tila. Fortunately left believable. Livable boss magnificent when we when we grew up because they had the same number like for ages. Yeah number. Six and steve before number seven was mogae ally and boundless ten. Okay final question. Would craig either support manchester united for the rest of his life. All get steve's haircuts. Every time he goes to the barber's or has he odd number. I would get here. 'cause well wow look at. It's coming by controlling confirmed by your regular hairdresser. You got the numbers wrong correct. Only five a walked in all bolshie. Mona only johnson with this question. Yes do to on the shade. Yup yes yes three on the top two no okay thumb. I'd say five or six five. Thank you very much guy places talk travels. We'll be back tomorrow for more as big games across the year..
"european" Discussed on ESPN FC
"Show. We showed you the premier league matches boys nast which one in particular were you looking forward to after what we saw in the opening week. steve also chelsea did yes caucus of course complaint on kind of looking at the arsenal angle Yeah you tell one of the teams who who would of promoting say yes and it was always going to be a test you talk about failing miserably to. I'm interested to see how the bones bike right and actually the question asking myself was company bones back. I mean number one. The planning chelsea So even in their hands right to confident that all the questions that the higher after the played last weekend against brentford will the over on the roof for the oath plead an occasions. Lutely asner was to say that. Come up not brentford. I come to the conclusion that not very good. Very good or find a positive thing. Come up with the going to do against chelsea ryan and then fight. The fighter hole might be even more honest because of the startling game. Bodley the impression i'm getting knows. Arsenal funds are after the blood. So i'll wait to everybody's blood. The players the mind you the agency going crazy on social media.
"european" Discussed on Quick News Daily Podcast
"Fifty soldiers for disaster relief and around twenty two thousand firefighters aid. Workers are taking part in the rescue and recovery operations in north rhine-westphalia alone. Obviously because it's europe. They're not afraid to acknowledge that. This is probably the result of climate change. And this quote right here gives you an idea of what people mean when they say conservative european political parties would actually just democrats in the united states. The quote is from arm last shot. Who is the conservative candidate to succeed. Chancellor angela merkel in the upcoming federal election merkel's also a conservative. If that gives you some context lash said the floods in his state were a quote catastrophe of historic proportion. End quote anti called on the world to speed up. Its efforts to both mitigate and adapt to climate change. If this was a republican from america talking about this they would probably just try and say that. We're trying to cancel the son. Josh hollywood be all over fox news saying they're trying to silence the sun. They're trying to keep the sun from speaking. It's truth on social media. You need to donate now to the sun fund. That's like a really bad joke with a lot of poor setup but like it's not that far off reality which is the funny part. They say the best jokes are the ones that you have to explain. Well just keep the train chugging along here. A new study shows that at least four percent of the.
"european" Discussed on Exchanges at Goldman Sachs
"Is exchanges at goldman sachs. I'm alison within a senior strategist in goldman sachs research in this episode. We'll be looking at the accelerating recovery in europe to do that. I'm joined by stain. Chief european economist for goldman sachs research rich per brodsky who managed european cash equities trading in our global markets. Division wolford's turned yari to discuss the economy and where fiscal and monetary policy stand for the region and are likely headed yari. Welcome to the program. You're the economic outlook for europe has brightened in recent months. We've seen a significant step up in the vaccine. Roll out that has facilitated bat but this isn't the first time that growth has started to look better in europe but then ended up disappointing. Why is this time different. Well we think it for because we're getting very encouraging information across a range of metrics in europe. So i i would highlight that. We have seen pretty shop improvements now on the medical side. Kobe cases and hospitalizations are now down pretty shop leap really across the euro area. Vaccinations up. we think we're on track to reach fifty percent of the population later. June and i think even though concerns around the new variants system particularly the delta very anti uk. We ultimately think that the evidence suggests that it's manageable risk as long as the role knowledge continues. It will second. We have already seen significant the opening steps plans for that to continue into the summer. And that's because heidi relevant for services activity which is very depressed but as these restrictions live we should see an unlocking off pent up demand as we go into some amounts and thuds the incoming activity data. I think is consistent with a very strong pickup in activity particularly services in may and june now so file we only have preliminary surveys of high frequency data for june does look like economy is separating the forward looking indicators whether you look at business expectations or you. Locate new orders suggests that the mobile run. So when you take that together we see strong momentum into we are significantly above consensus growth. Also q two in for q three end wheels thing. There's room for that to run that fiscal support coming from the recovering end out. Global growth us are constructive. And that's 'cause important for europe which is a very open calm and so undermine for us is five point four percent growth in twenty twenty one for the euro area and eight point one percent for the uk and both of those are pretty shopping of consensus but are you seeing differentiation across sectors in the economy so honor some sectors that are really benefiting from the acceleration. You talked about are there. Some that are still lagging. Yes sure so. Manufacturing activity has already been quite firm so industrial production levels for example already normalized earlier in the year and i think that's partly because growth momentum in parts of the world for you know in china and the us has been fun so that is the digital trade and of course manufacturing was not affected by the cuban restrictions during the wave. So it's natural for factoring. Activity have shown jr more resilience but services. Activity is still very depressed. Which causes true particularly in the contact intensive pods where restrictions specifically targeted sectors and those responsible really for the large remaining shortfall in gdp across europe. And so as these structures are lifted. We think serves it. Activity should've settlement sharply. And that's what we're seeing in the data at so far sova data because the services holiday The lag but i think that does very encouraging you mentioned the increase the school support in the eu to help repair and recovery from the pandemic. How do you see that playing out and you do think the worst sort of in a new era where we generally will see more supportive fiscal policy or is this really just a one time shift in policy just to address the crisis and europe could move back in a fiscally tighter situation going forward. I think we have seen pretty remarkable shifts in fiscal policy across europe. I think it's helpful here. In europe to distinguish between national policies and then e wide policies so on the national basis. This is really where the covert response initially took place and i think european governments really focused on bridging measures rather than outright stimulus measures initially and this goes includes a short term work schemes. And also the corporate support schemes. That are very expensive. But it was very effective in shielding workers and shielding funds and so for example we saw in much more limited increase in unemployment in europe and in the us but of course it came with a large increase in deficits across europe. I think on the national side. We think that deficits will start to shrink as we go into twenty two as the economy recovers but we think the turn to consolidation is going to be a much for graduation in the past and the do think that's the key lessons learned. After the crisis that europe turned to its consideration to quickey now the second aspect of the fiscal response in some ways the much initiative long was of course the wide fiscal response with the creation off the recovery fund which has now been ratified and has now issue bet and we'll expose those funds across countries and this is hugely important for southern europe because the allegations that mulberry notch so for example and spain will get around twelve percent of gdp from grants and loans over the next few years and we think the money will be spent on things that tend to have high mold bias basically public investment projects and had also with some structural folds and they do think the overall vistan's if something together the national level and you wide level will remain expansionary across your areas. We estimate this year it adds around one and a half percentage points to grow next year over the Fat so that is modest compared to what we've seen in the us. I think that's clear. But it's a huge improvement relative to what we saw often crisis but also node that the fiscal support is very persistent. So the recovery fund money stretch all the way to twenty twenty six and ethical gets its name from. It's supposed to really support the recovery over multiple. Yes of course. Monetary policy has also played a key role in the recovery and the european central bank just met they maintained the piece of their bond purchases. Even though we've seen improving growth as you've discussed and inflation. What was the key takeaway from that meeting and did anything surprise you about it. Yeah i would highlight three things as you say. The governing council decided to pledges steady hand as president lagarde cold with got on purchases so they maintained this pledge to buy at a significantly higher pace with its ed program and motivated that by the recent increase in interest rates over seen since march meeting to say that there is the risk that this will feed through into rowing costs that households funds.
"european" Discussed on The Cities of Refuge Podcast
"A bit more about the european experience so far so community sponsorship as we discuss it now at the end of twenty twenty s is expanding rapidly and that's even in the current context of global health crisis. Were in the limitations. That's posed for refugee resettlement. So it's a really exciting time to be discussing this and thinking about unity's for the next few years so we've currency community sponsorship programs in a variety of forms in ireland the united kingdom spain germany belgium france and also in the netherlands but they are at various forms of maturity. So some of these pilot programs like in germany some have become mole full community sponsorship programs in the uk. But then we're also seeing now interest. Developing in the countries such as portugal finland sweden denmark iceland romania in luxembourg so. I think it's really exciting. Time to to think about this and different levels a political world to engage in this but the different levels of kind of boston up and top down interests but we see the community ship was noted in the european commission's new pat on asylum migration as an important tool for the european European states be using. So there's significant level of social and political momentum behind the concept and we're reading An important moment. I think whereby europe can develop its own model communities as i noted canada's. Been doing this for forty years. We also see sponsorship in other countries around the world in argentina new zealand australia. But i think europe is really a buzzword sponsorship at the moment and develop the model that fits its own country systems. Obviously its own democratic societies different levels of interest on the role of the states as i mentioned before i mean a community. Sponsorship is always a sense of partnership between civil society local government national governments so this can take a variety of forms. And i think in the next few years will see community sponsorship developing in an a very unique and interesting way in your when it comes to the canadian model of private sponsorship many people have correctly observed that it is a product of canada's unique historical political and social context in europe though. We have a very different situation. Especially in terms of politics the focus of the majority of member states especially after the so called migration crisis in twenty fifteen has been on externalizing migration management responsibilities are shifted outside the borders with agreements. Like the turkey. Deal or the deal with the libyan coast guard for example to put it simply government seek ways to shift responsibility rather than to share it and this of course raises concerns about the potential to develop sponsorship programs in europe. And here i think it is important to take a closer look at the role of cities in refugee sponsorship. Because sometimes we overemphasize the importance of rising populism and restrictive national approaches to immigration while the same time we forget to acknowledge the mobilization of civil society and local governments in support for opening safe and legal pathways. We have seen from our research in a number of countries like germany the netherlands but also in frontline states like italy in greece from this point of view. Could you tell us. What role do you see for cities in the emerging refugees sponsorship programs in europe. I think we see local. Authorities particularly in the european context is critical to the expansion of community sponsorship. As i mentioned it is often a partnership between civil society. Local government a national government in which local governments are critical in terms of service provision locating housing..
"european" Discussed on AM 970 The Answer
"European Union drug regulators recommending the biotech Fizer Corona virus vaccine for use correspondent Karen Shamas reports. The move comes weeks after the same vaccine was authorized in Britain and the United States. The European Medicines Agency's approval raises hopes that the 27 nations in the block can begin administering the first shots of their citizens shortly after Christmas. As virus cases search again across the continent. The agency was under pressure by European governments to speed up the process. Worries around Europe were heightened by noon. Of the newly identified strain that appears to spread more easily. But experts expressed confidence that the new vaccine would still be effective against it. The conditional marketing authorization as it's known, needs to be rubber stamped by the ease executive branch before vaccinations can begin. I'm Karyn Shabbas countries trying to keep alive the 2015 deal on Iran's nuclear program are looking forward to a Biden administration and a return This is S are in news. This is a happy time of year in least in years past, but with the coronavirus still raging out of control. There's a new poll out that shows Americans are less festive this year than in years past, according to the poll by The Associated Press and O R. C Center for Public Affairs Research Americans, they're feeling a little sadder, lonelier and less grateful than last year. Just 22% say they feel very or extremely festive this year down from 49% last year, about four in 10 are still very worried about Cove in 19, and roughly three out of four or at least somewhat concerned that they or a relative will become infected. The poll also finds only about half of Americans are ready to get vaccinated immediately. Mike Hemp in Washington. And you can check out Maurin these stories by just simply locking onto town hall dot com. I'm Rhonda Rocks trip. Do you want to send your child to a Christian school but are overwhelmed by the cost, then am 9 70. The answer's discount tuition program may be right for you. The discount Tuition program is away for parents to send their Children to a quality Christian school at half the cost of the annual tuition..
"european" Discussed on Insureblocks
"So the c one in damn implemented across the you would definitely be of great relief. one of the objectives. I understand was also think you had mentioned early on is that is it to axel Three cent box Is that through like trying to help? Smooths out regulation for smart contracts across the EU. Or is it. Yes yes it is. I mean actually. This is a another action which is a little bit broader than just blockchain but it was also in this small and medium enterprise communication at the College of Commissioners are political leadership adopted in March that we would utilize a regulatory sandbox approach. And here we. We have one as I say on the one hand were implementing these different services and an implementing them again. This is something that hasn't been foreseen in regulation and again if it was ever the case. Europe is neither such a place anymore that if it moves regulated nor is it such a place that if it's not I specifically allowed in regulation it's prohibited and it must be stopped but at the same time you do get a question. I mean up until now it has been done in this way. Blockchain would in this case. Be More efficient. Can we do it? And that does require looking at the legislation on something that came up. Which is which is not us. But I know in some national Initiatives looking at The notarize ation of land sales and these types of registries that you did have older laws that still required things to be on paper and so on and that that require changes or requires changes so in this case on the one hand. It's the practical saw that we're doing and learning while doing and if we have to identify something that needs to be changed we can do that and then on the other hand. I think we're moving evermore with into areas like the digital assets and the smart contracts if we want to do something like this in the future and also we hope that If we see it as useful that probably people in the private sector have already seen it as useful or will Is there anything that sent impediment and here especially identifying if there are any barriers in the ways the different laws have been a chirp? It'd or added in different member states or different sectoral legislation so seeing working through in the one hand with an actual implementation and in the second case with possible implementations and looking to the future we might have some calls for proposal on blockchain deployment and or blockchain research that could have a regulatory sandbox element because legal certainty. I think only helps for a For Technology to take off investors if investors see that they think something might either be illegal or their rights might not be protected than it obviously adds uncertainty to the uncertainty of lodging Launching any new technology in which is certainly not helpful. Indeed you mentioned I believe the The partnership how that works with Not by the International Association for Applications is that something that the EIB on a regular basis. Yes I mean. We participate in the governmental advisory board along with other international and national bodies. And we have I think a a meeting coming up A lot of things are a little bit tentative now because my unit as other parts of the commission are also doing a lot of things to try to help the economy and to do emergency things of getting funding out In this time so that's pushed back slightly at least the announcement of the of some things but yes we collaborate regularly and again. It's an input that we can get from from stakeholders. I mean. You could imagine though. Sometimes the reputation is that the European Commission is very very big. I mean we're actually smaller than the municipal staff of the city of Paris. For instance and being responsible for things going across the holy you We like to meet bilaterally with with stakeholders but it's much much more efficient to us if we can need often with how to say the sector as such and get some some common views and then sometimes of course. It's interesting to talk to. Somebody either has a different view or wants to emphasize something more but again also not not always possible of course course and the European blockchain service infrastructure is that a subset of the European blocked in partnership This is it's it's what it's building. This is this thing described. What the use cases. So that blockchain services infrastructure is dependent on these member states as well as the European Commission and then this is the the real thing that is being built and have I think some pride in this collaboration. That really we've been being enabled to bring twenty nine countries around the table to build something like this together to invest together. Great great so I'd like to just go a little bit more international in and just to see you know in comparison to other jurisdictions such as China and the US how does the U differentiates itself in terms of regulation in Germany incentives of funding to promote Blockchain I think there's a lot of investment and energy blockchain and in China and and the US. I mean the. Us also New York not just the traditional valley in New York City. You see a lot going on Consensus Conference which this year was virtual. I had the pleasure of participating last year last year. Live and seeing a lot of what what is going on in the interesting a innovation and in China. There's a lot that's being invested in blockchain. You see certain actions on what could be called a central bank digital currency that that looked very interesting We do think and we can say that we have a Blockchain vision from the EU. That one it's looking to a convergence of blockchain with artificial intelligence Internet of things managing data for individuals and companies. And we think it is a little bit of a of a third way that it's based on a on a human centric Internet on something that sometimes is called web three or next generation Internet The US it's a little bit more the orientation still towards the platform economy. And you see that. Some of the platform such as such as facebook with the libra initiative or some things that that twitter or read it or doing with the blockchain based token or experimentation also aims to utilize a blockchain but again a little bit more of a platform emphasis. I mean if you make a bit of a generalization and then China it's more of a centralized you could say Blockchain it's not so much emphasizing the decentralization element and as I said in my introduction. I think it's not. It's not black or white you don't see a hundred percent centralization in many things nor do you see a one hundred percent decentralization. And with what we're doing in the public sector private sector. Were very happy to see all the different models bloom in In the EU but in the public sector we see the decentralisation really reflecting the multi-level governance of the EU. So we're GONNA have nodes in in the very near future. There's already know setup and not all of them yet In twenty nine EU countries of eventually. You'll probably see nodes in regions and cities. We probably won't have individual notes because this will be a permission blockchain or a permission deal t as it develops But it will be with hundreds and thousands of nodes so compared to a centralized state or a centralized approach It will be diversified and multi level. And this is what we're enthusiastic about that. I mean it does reflect our own governance our own model and that each citizen will have access to it but we don't see the utility. I mean at least in the short term of having validation by by individuals in a in a bitcoin type of approach. Yeah yeah now. I think it's fascinating Differentiating on the US approach to China's into the United States. I mean having decentralized human centric one makes a lot more sense if you take into account all the different approached I guess. Each of the member states have whilst United States More uniform will China definitely a lot more. It's interesting to see how it all plays out. We touched a little bit about. Gdp are wanting to get your view regarding blockchain and self-serving identity and decentralized entity and get your view on whether or not this is within the spirit of duty Pr. I think one of the challenges of GDP are is the implementation. Obviously I mean really giving citizens control of their data of insuring data portability and dynamic data portability again the the spirit and articles of of of GDP and of having irrelevant public information erased or or adapted. This is both something where blockchain can definitely help a lot and at the same time is a technological challenge for blockchain and guilty But one that's not only can be surmounted but will I think ensure a fruitful development of technology so utilizing tools like a zero knowledge proofs chameleon. Hashes others we think that blockchain can be a state of the art data protection and data sharing technology that preserves and even heightens self determination and Individual control while like with any technology. You have challenges. One that has been underlined is the issue of Let's say the right to be forgotten. Which partially in the design of blockchain. I mean you also look at what where it's sufficient to keep data. I'm keeping personal data off chain Also as I mentioned there are also technological ways to to to share data also using tokenism to give access or not give access and then there is a legal discussion that is going on and ongoing That the aforementioned report of the European blockchain Observatory Forum look at GDP blockchain but is also developing in what is a proportional application of the right to be forgot which is also the case with the with the Internet. If you look at the original case of The gentleman who Who brought it in the Spanish court and further Of the irrelevant mortgage information that it was eliminated from Google search but That the information was not destroyed everywhere in the world. Otherwise I wouldn't know that that was this this mortgage This mortgage payment issue that That was that was addressed so that is something that is a little bit for the the legal scholarship and the courts but I mean I view it as positive Incentives for the technology designers to look at really how you can build in data sharing and Data management technologies because again the blockchain one of the things that we want to keep that is immutable and the data cannot be cannot be manipulated in forged but there. It's what you're talking about. Is that the hash the transaction occurred? Then there's a possibility to make a correction with the later entry but of course the original information if it's on the chain may still exist but again it's best practice question of also keeping personal data. I don't know newspaper articles or something off of the chain itself but then that can get into a quite technical discussion which I'm also perhaps less capable. I'd also not be so interesting for all the listeners. Just but I I would underline. This is one of the things. Also why we're building this public. Blockchain services infrastructure. Ideally we wanted to be a best practice and why we're putting money behind it. We have a pre commercial procurement officials. I one open right now. For eight million euros that is ensuring..
"european" Discussed on Insureblocks
"Hello and welcome to inch blocks urine. Decadent podcast to blockchain ans- mark contracts. I'm will eat. Scuff your host for this week's podcast. We be discussing the European Commission approach to blockchain. And I'm very pleased to have Peters Zilkha this head of unit digitalization Blockchain Digital Single Market Directorate at the European Commission Peteris. You've got a lot of titles. Many thank you many. Thanks for joining us today. Could you please give us a brief introduction on yourself? I'm glad to I mean I'm a lawyer by background. I have the JD degree from University of Southern California before they had a political science degree. And though I've never really practiced their California state bar for almost thirty years now and since Two Thousand and five Florence. My Country Latvia joined the European Union. I've been ahead of unit in the European Commission and digital innovation. Blockchain is what I've been working on and you could say to US sometimes perhaps over used term but It's a little bit my passion. I've been interested in walk chain and tech since about two thousand and twelve so perhaps not at the very beginning but at least relatively early for the public service this is also why I'm The original co chair of the Fintech Task Force. I have my second Co-chair coming from the financial services side. And then I'm from digital single market and I mean in both these areas I'm working in legislation and policy in funding infrastructure and research and managing it as well as working with with stakeholders and international cooperation. So it's an interesting bunch of things to work on. I'm glad to be doing it well. As you sitting the key term as passion because you're effectively getting the job of three other men so very impressive So Peter is As it is customary here at Inter blocks. Could you please explain our listeners? What is blockchain? And how does it work? Well glad to try. This is one of these things. It's a little bit of a communications challenge and exercise. But I mean I would say that. It's simply a growing list of records of blocks In a ledger that are linked utilizing cryptography and generally managed by peer to peer network adhering to a protocol for communication between the nodes and then validation of the new blocks that perhaps gets already a little little technical some listeners. But I would say. It's a way of validating transactions and data in an immutable in permanent way. So that you can be sure that they haven't been tampered with and that you don't have double spending of a value and that you can transfer data along with that value. That's the way that we see it and I think it's also important because some people are I think most of all sometimes negative that they say Blockchain is something that's bad because let's say uses a lot of energy if they take the original crew for work and everything that doesn't do that is is not blockchain. I mean we take a very wide view. I mean distributed Ledger Technologies Hash graphs tangle on these types of blockchain inspire technologies is is blockchain for us. I mean we're not trying to freeze history in two thousand and nine. When the BITCOIN paper was Was published or at some other point. It's developing technology and I would say what is really important is the element of decentralization which is not black and white. It is a gradient going from something which may not exist of completely centralized to something which also may not exist of being completely decentralized but actually allowing a degree of decentralization That a single database or even some federated databases. Don't don't allow so. This is where I think it gets exciting and where it makes it possible for a diverse group of actors to work together while preserving their autonomy. Excellent really loved that. I'm element of your definition of. It's a gradient of decentralisation incidents that's a spot on now could you introduce to us all the different bodies within the European Commission you have the digital innovation in Boston you need. And other bodies within your commission that are here to research enable and further development of blockchain in the EEG perhaps give us an overview where we'll do some deep dive in in some of the sure. I mean starting with with my unit. We're kind of the policy leaders on blockchain as a technology. But we're not. We're not the programmers as I said. I'm a I'm a lawyer and a political. Scientists have other colleagues are engineers but were more economists lawyers people looking at digital policy and in my unit we have the e U Blockchain Observatory in Forum which is a think tank working for us that has a whole set of reports and videos and regular workshops which used to be physical in at least right. Now they're virtually cited We also have the European blockchain partnership that my unit runs. This is twenty nine. Different countries twenty-seven all twenty seven e. You member states and Norway and Liechtenstein. Who are building a European blockchain services infrastructure together. I mean actually building an infrastructure. This piloting this is not testing. We're putting public services on the blockchain justified. We had quite a filtering to see which cases were justified to utilize the blockchain. And this is also something you could call a regulatory sandbox because while the countries and us are working together we obviously have to look at European Union legislation. We have to look at national legislation. Most likely you don't find anything. We're blockchain is prohibited. But you certainly don't find many cases where it specifically allowed though. You're getting some legislation in France in multi in other countries. It's specifically see a root for blockchain Roxanne legally And then we also collaborate with the International Association of Trusted blockchain applications as stakeholders organization I myself I'm in the OECD Policy Expert Advisory Board on Blockchain so we collaborate with OCD with the United Nations and others and In Not Buzz. International position of trusted blockchain applications a global governmental advisory board but also in the OECD activities. In the other activities. We probably would participate in the spring meetings of the World Bank and International Monetary Fund. This year I spoke myself in the IMF Fintech roundtable last year. Also you have the collaboration in the Fintech Task Force as I said from our side digital single market I gave a basic description on the other side. You have the financial markets colleagues the call as coming from research in Salon with the financial markets colleagues. Were collaborating on the digital assets possible legislation we just closed the public consultation on digital assets. Hearing what the stakeholders with the community has to say and in another context of the Digital Services Act which is a updating of ECOMMERCE along with addressing the platforms. We are seeing how perhaps smart contract so we have to do something to ensure that there is not any fragmentation of different requirements smart contracts across the digital single market and the twenty-seven member states. Something that we want to want to avoid than we have started up E You which is Cross all sectors. Not Just blockchain union as well to link. Accelerators ECO-SYSTEMS ON START UPS. And yes I think. That's a general presentation. There's all kinds of other things happening in the European Commission. But that's a little bit the blockchain landscape. Actually I should underline then for policy areas as I said. We're the lead on blockchain policy but obviously where its application of blockchain to transport application of blockchain to energy than it is the Policy Directorate? General of who bring together in a group called the Interservice Competence Network which I chair Again to bring everybody together but the colleagues are responsible for financial markets responsible for energy. Obviously they're the ones who have the say on. How blockchain is utilized in their area of policy. While I mean that's a huge amount of Each of them. You know either. Have a strong focusing or blockchain or has elements of it. So how does he? E You have a a uniform. Blockchain strategy or the each of these different bodies have their own little version of a strategy. We have The the digital strategy which was adopted in February for saw that in the second quarter which is more or less a ending at the end of June we would adopt a blockchain strategy. And Mrs Actually one of the things that I've been working on this morning and before for the weekend and a little bit on the weekend and after I leave this call with you so you can expect the probably towards the end of June We did have a date of issuing at the end of May and principal. Our work is is ready as you can see. There's a lot of thinking going on but for various obvious various reasons And very obviously a lot of the political level is concerned most of all at the moment with corona virus and the exit and so on so it's Not The best time to have it adopted right at this moment so it'll come up a little bit later is General Lines that you can talk about on this podcast regarding strategy or that would be for another podcast would rather explain the strategy itself in the podcast in another podcast but general lines. I can give I mean with with the caveat which is important just when you're looking at the European Commission in general I mean it is a political organization led by politicians. The commissioners who are appointed by by each government in the member state and until they have adopted a strategy communication. It's not adopted so with the preparation stages are things that we're thinking about in proposing but it's the politicians who who adopted That said obviously it will talk about the the European blockchain partnership what is happening between the member states. The European Commission Meccan also add European Court of auditors that were building this blockchain services infrastructure utilizing a regulatory sandbox approach to ensure that we have pro innovation approach innovation regulatory framework in place Something else which I think you can easily for see that will be there. That to blockchain is not the solution for everything we think that it is a very nice solution especially for the European Union public services where we have multi level governance and actually blockchain that respect the autonomy of having perhaps some National databases public sector databases in the different countries. Or at least I mean run by the different countries wherever they are But at the same time sharing a lot of information on common policies Also perhaps bringing in private actors who may wish to collaborate in a supply chain or sharing data on a common concern but for reasons of competition concerns and competition law. Even Shouldn't share all the information with with each other. I mean the to allow the market to work properly so this could be public. Private collaboration in the future The PRO innovation regulation as I mentioned where we will intervene. And if it was ever true that if it moves The regulates it. It is now as I said myself and other colleagues have been in this space a little bit at the beginning already at around two thousand twelve so we have really waited and analyzed to make sure where an intervention is necessary and it will be a regulation on blockchain as we don't have a regulation on Transistors or servers or something that sort I mean it would be addressing applications which can benefit from a pro innovation clear framework and at the same time ensuring that consumer protection and investor. Protection is continued. That you don't need to repeat that fraud is fraud or theft is theft. Common Principles apply to to blockchain like for all other technologies.
"european" Discussed on Big Book Podcast
"Welcome back my friends to the big book podcast. My name is Howard and I'm an alcoholic sober since nineteen eighty eight one day at a time in this episode the third story in the personal story section of the first edition of alcoholics anonymous published in nineteen thirty nine. It's entitled the European Drinker. The story was also published in the second and third editions of the Big Book but does not appear in the fourth edition and now the European Drinker Preface..
"european" Discussed on PRI's The World
"Carol Hills. This is the world as if Iran didn't didn't have enough on its plate this week now at the threat of more economic sanctions on a country. That's already mightily struggling. Germany Britain and France are challenging Iran. In over its resumption of nuclear activities. This could lead to UN sanctions being snapped back on Iran. President trump took the US out of the nuclear deal in two thousand eighteen gene. But until now at least the Europeans have been trying to keep it alive. Constanze shuts in Miller is a senior fellow at the Brookings Institution Constanze. Why is this happening thing now? What has Iran done to push? The Brits French and Germans over the edge the Iranians have made it very clear that they intend attend no longer to consider themselves bound by the uranium enrichment limits set by the deal that is crucial for its European Paean partners for whom that is the whole point on purpose of the deal to slow down Iranian attempts to acquire nuclear capability to make make all of its nuclear activities fully transparent and if Tehran is walking back from that then the agreement is truly endanger from a European point of view. So what's the goal of the European move. I think the goal of the European move is quite simple and the Europeans have said to important things at the same time as they. They said we are triggering. This dispute settlement mechanism. They have said we will not be part of Washington's maximum pressure strategy and we wish to preserve the agreement ain't in other words. They're holding out a bridge to Iran to come back over but they're also making it clear that they feel that Iran has of its own accord crossed this bridge away from them and the triggering of the dispute mechanism enables the reimposition of UN and European sanctions without the veto powers and the Security Council stopping those sanctions. And that I think is a major stick to shake at Tehran. So we shouldn't interpret interpret the European move as meaning that Germany France and the UK are coming around to Donald Trump's way of thinking. I think not now despite the European powers ars having formerly initiated this dispute mechanism and challenging Iran. Europe seems to really want to keep the JC Peo- alive. Why is that the Europeans want want to keep the GPO a alive for two reasons? Good one and a rather good one. Good reason is that the JC Peo- has given international inspectors unprecedented inspection rights into Iranian nuclear activities and so far at Tehran has not walked back from that as far as we know the less. Good reason is that the J. C. P. O. has always been considered a zenith of diplomatic achievement by the Europeans. Not Just I. By France and the United Kingdom who are permanent members of the United Nations Security Council but also by the Germans who were the third European country in the three the European European parties to this agreement and so to some degree. This is seen as a symbol of diplomatic status which makes it understandably hard for Europeans to step back and view it critically and asking himself. What is this really worth at this point now with the European powers initiating dispute mechanism? There's now sixty sixty days for an agreement with Iran or UN sanctions will snap back into place would have better nuclear deal with Iran. Look like I think a better later. Nuclear deal with Iran would look quite like the old one to be frank. It took years to negotiate among diplomats. Who knew their Iranian counterparts very well who were deeply aware of because they were in possession of good intelligence of what the Iranians were doing and not doing and it was also realistic in that? The agreement didn't attempt to include Iran's other activities. There is one point however that I would suggest that now be included which is Iran's missile capabilities. He's Iran showed with its two quite precise strikes on the US. Air Bases in Iraq that it is capable of hitting very sensitive American targets at a considerable distance and these capabilities ought to be included in a future agreement. Constanze Shelton Shelton. Miller is senior fellow at the Brookings Institution. Thanks a lot. You're very welcome. As we just mentioned the fallout from the Iran. Nuclear deal could result in sanctions on Iran but Iran has already been under some kind of sanctions for years and they've had dire consequences for Iran's economy and its people the World Sharon Jafari is here to explain sure unhealthy sanctions impacted the Iranian economy. Carol experts say that Iran is experiencing a major economic crisis right now with a large large portion of the Iranian population falling below the poverty. Line and just to give you some numbers on this. The inflation rate is close to forty percent percent one out of four Iranians is unemployed and the International Monetary Fund estimates that Iran's economy is contracting at nine point five percent every year sounds really dramatic. How has it affected people's lives? People are struggling to make ends meet. Just have a listen to what Sarah was re Bandy told me she's an Iranian and she runs risk consulting company in the UK she has also written about Iran's Economy Konami the price of red meat the price of chicken the price of fish the price of bread everything has increased by few hundred percentage clientage over the past few years and considering that the salaries uneconomic activities inside the country are quite a slowing down the people find it difficult to be able to afford various simple items that they used to be able to afford in their lives and carol that has has led to a lot of frustration just a few weeks ago the government announced an increase in fuel prices and thousands of people poured into the streets needs to protest is it just the sanctions that's making Iran's economy so bad or are there other things well. There are several different reasons. One is domestic. There's mismanagement this management on corruption but the sanctions are a big part of it. Iran has been on there some sort of sanction for years and this is nothing new but what what is new is the level and the intensity of these sanctions. Iran's economy relies a lot on oil the US has sanctioned Iran's oil exports and so the countries that used to buy oil from Iran are no longer able to do so in addition to that the US has sanctioned Iran's banking thinking system. Iran is basically cough from the global financial system. What does that mean practically for running to be cut off from the international banking system would what that means is that they are not able to make any transaction? Trade for example won't import export now. The trump administration has imposed all sorts of sanctions. Like you said on the banks. Iran's oil even specific individuals but we still hear that there will be more sanctions. What else is there to sanction? So I asked Sarah Bajour Bandy the about this on scientists pushed Vania government to try to find back channels to sell Iranian on sort of a reduction the prices and But they have you done selling or into certain consumers on what the government is doing now is trying to block doc all of those back channels as well example. Recently I had that they are having serious conversations with the Chinese government to force them to stop buoying oil from Iran cow. What Buzzer Bundy? Says is that this is going to shrink the revenues of the Iranian government even further. That could mean that the government is no longer able to pay its employees for example and the public sector is a big part of the Iranian economy by the way and so so things can get even worse so it sounds like the basic thing is the more sanctions the less ability. Iran has to do business with the rest of the world and therefore less is money less hard currency coming into the country that basically exactly but are there any exemptions to these sanctions the. US has always insisted that humanitarian goods. It's like food and medicine. Those are exempt from the sanctions. But I've talked to people inside Iran. Who Work in the medical field and they told me that they have faced many problems when it comes to importing some medical goods that's because of the sanctions on an Iranian banking system? So again once. You're not able to do any sort of banking. Then then you're not able to import anything. Sarah Buzzer Bundy. The expert I spoke with put it this way. She said because of these sanctions many countries don't want to do any business business with Iran. Be Selling nuclear centrifuges or medicine. They just don't want to deal with the headache. Wow It's pretty comprehensive the SYRINGE Affari. Thanks for speaking with your welcome cow. Russian hackers are added again. According to an American cybersecurity company military intelligence agents agents from Russia managed to hack into a Ukrainian gas company that says the center of President. Trump's impeachment the rose leader a leader. Has the story area. One is a cyber abor security company in California their entire mission is to stop phishing attacks. You know the kind where people get Lincoln an email and they're tricked into handing over over username and password so a couple of weeks ago on New Year's Day researchers at area one discovered a phishing attack that their co or in Falco it's says appeared appeared to be coming from the Russian government no initially like we didn't think of it as anything particularly dangerous..
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