36 Burst results for "European Commission"

Fresh update on "european commission" discussed on Here & Now

Here & Now

00:34 min | 5 hrs ago

Fresh update on "european commission" discussed on Here & Now

"Dining hall when I'm just trying to eat a sandwich of the morning, that's scary. Will schools push back on the next morning edition from NPR News here The story along with KQED news, all starting tomorrow morning at 2 A.m.. I'm Jack Let PR's nearly four million doses of the Johnson and Johnson Corona virus vaccine are being shipped out today, with first shots expected tomorrow. The drug got emergency use authorization from federal regulators yesterday. Johnson and Johnson's expected to distribute another 16 million doses of the one shot vaccine by the end of the month. The European Commission's moving forward on plans to develop a vaccine certificate to make traveling easier. The body plans to present its proposal on March 17th only 11 million European Union citizens have been fully vaccinated. Mean delays in production and delivery of vaccine doses. American father and son who helped smuggle the former CEO of Nissan, out of Japan, have been handed over to Japanese authorities. Michael and Peter Taylor had been fighting extradition from months, arguing the charges do not fit you're listening to here and now Here's one of the stories you'll hear this afternoon at 3 P.m. on the PBS news hour. I'm Judy Woodruff on the next news, our abuse in the ranks. We'll look at how pervasive it is and what the Pentagon is trying to do to root it out. That's Monday.

Michael Peter Taylor Judy Woodruff Monday Nissan March 17Th Japan Tomorrow European Commission PBS Yesterday Tomorrow Morning At Today One Shot Vaccine Npr News ONE 16 Million Doses First Shots Pentagon Next Morning
COVID-19: EU leaders divided over vaccine passports to allow European travel this summer

Wait Wait... Don't Tell Me!

00:38 sec | 2 d ago

COVID-19: EU leaders divided over vaccine passports to allow European travel this summer

"European Union countries. They're planning to create a system to allow people who've been vaccinated against the coronavirus to travel, possibly in time for summer, Teri Schultz reports. There's a lot of excitement about the plan and a lot of unknowns. The president of the European Commission, a medical doctor herself, says there are scientific as well as technical questions about whether a vaccination certificate can safely allow freedom of movement. Ursula von der Lion notes. While early indications are encouraging, it's not yet certain that vaccinated people cannot transmit the coronavirus. It's unclear how long immunity less and the appearance of new variants poses

Teri Schultz European Union Ursula Von Der Lion European Commission
Brexit-Intro + Wrap on Brexit

AP News Radio

00:50 sec | Last week

Brexit-Intro + Wrap on Brexit

"British fishermen he sells selfish have called on the government to take urgent action to lift the European Union ban on the exposed to the twenty seven member bloc since brexit came into force on the first of January seafood that needs to be purified before consumption can no longer be sold to the European Union the European Commission said the ban was the health reasons and applied to all third countries ways to fishermen Tim head who has been catching we system fifty years says the situation is so bad they're at risk of losing their homes if I never put the money into buying my wife wouldn't working I think we've been for the National Union of say this quick selfish Malton Leyte says he wants direct announces from the government's approval so that I you know get some stamina get over to Europe sorted out Karen Thomas London

European Union European Commission Malton Leyte TIM National Union Government Europe Karen Thomas London
Epic Games files antitrust complaint against Apple in the EU

KCBS Radio Afternoon News

00:37 sec | Last week

Epic Games files antitrust complaint against Apple in the EU

"A new front has opened in the antitrust battle between Apple and the maker of the video game Fortnight. Epic games filed an antitrust complaint against Apple in Brussels with the European Commission with epic accusing Apple of unfair practices with its 30% developer, feet in the APP store on in APP purchases. Something epic tried to get around with fortnight only to see the game booted by Apple from the APP store Epic says It only wants Apple to restore competition on Iowa s while Apple released a statement saying Epic enabled a feature and fortnight that violated APP store guidelines that apply to all

Apple App Store European Commission Brussels Iowa
Epic Games files antitrust complaint against Apple in the EU

KCBS Radio Afternoon News

00:37 sec | Last week

Epic Games files antitrust complaint against Apple in the EU

"A new front has opened in the antitrust battle between Apple and the maker of the video game Fortnight. Epic games filed an antitrust complaint against Apple in Brussels with the European Commission with epic accusing Apple of unfair practices. With its 30% developer, feet in the APP store on in APP purchases, something epic tried to get around with fortnight on Lee to see the game booted by Apple from the APP store. Epic says it only wants Apple to restore competition on Iowa s while Apple released a statement saying Epic enabled a feature and fortnight that violated APP store guidelines that apply to all

Apple App Store European Commission Brussels LEE Epic Iowa
Epic Games files EU antitrust complaint against Apple

KCBS Radio Midday News

00:35 sec | Last week

Epic Games files EU antitrust complaint against Apple

"In the antitrust battle between Apple and the maker of the video game Fortnight. Epic games filed an antitrust complaint against Apple in Brussels with the European Commission. With epic, accusing Apple of unfair practices with its 30% developer fee in the APP store on in APP purchases, something epic tried to get around with fortnight on Lee to see the game blocked by Apple from the APP store Epic says it only wants Apple to restore competition on IOS, while Apple released a statement saying Epic enabled a feature in fortnight that violated APP store guidelines. That apply to all developers. Apple stock today

Apple App Store European Commission Brussels LEE
Epic Games Takes Its War With Apple To Europe

Techmeme Ride Home

01:21 min | Last week

Epic Games Takes Its War With Apple To Europe

"Expanding the theater of war here epic games has filed a formal antitrust complaint against apple to the european commission claiming that apple imposes commercially unviable burdens on rivals quoting from the financial times epic. Alleged apple has quote not just harmed but completely eliminated competition in app distribution and payment processes by staging a string of quote carefully designed anti-competitive restrictions and quote which argued are in breach of e. You law in. The brussels filing epic also accused apple of giving itself preferential treatment by launching. Its own gaming distribution service apple arcade while making it difficult for competitors to bundle multiple games into single apps within the app store. What's at stake. Here is the very future. A mobile platforms said any epa games founder and chief executive consumers have the right to install choosing and developers. Have the right to compete in a fair marketplace and quote. He said his company will fight what he regards as apple's abuse of its dominant platform quote. It's bad for consumers who are paying inflated prices due to the complete lack of competition among stores and inap- payment processing he said and it's bad for developers whose very livelihood often hinge on apple's complete discretion as to who to allow on the platform and on which terms and

Apple European Commission Brussels App Store EPA
Epic Games files antitrust complaint against Apple in the EU

KCBS Radio Morning News

00:33 sec | Last week

Epic Games files antitrust complaint against Apple in the EU

"New front has opened in the antitrust battle between Apple in the maker of the video game Fortnight Epic games filed an antitrust complaint against Apple in Brussels with the European Commission. With epic, accusing Apple of unfair practices with its 30% developer fee in the APP store on in APP purchases, something epic tried to get around with fortnight only to see the game booted by Apple from the APP store Epic says it only wants Apple to restore competition on IOS, while Apple released a statement saying Epic enable the feature in fortnight. That violated APP store guidelines that apply to all

Apple App Store European Commission Brussels
EU says Moderna to fill vaccine gap by March

AP News Radio

00:48 sec | Last week

EU says Moderna to fill vaccine gap by March

"The European Commission says it expects a pharmaceutical company Madonna to make up the shortfall in deliveries of its co the tontine vaccine by next month Madonna has told E. authorities about delays in vaccine deliveries for this month but it's likely the U. S. company says it will have caught up in March Spanish media reports that Spain will be receiving just on the home off of the four hundred thousand Madonna does his he was expecting this week the health ministry that is still the AP that's a similar reduction has been announced across Europe deliveries delays have considerably slow down the road out of vaccines in the twenty seven nation bloc and sparked criticism against the E. U.'s vaccine strategy in several member states I'm Charles the last month

U. S. Company Madonna European Commission Health Ministry E. Spain AP E. U. Europe Charles
Exit-stage plight: Brexits costs come due

The Economist: The Intelligence

02:33 min | 2 weeks ago

Exit-stage plight: Brexits costs come due

"It's been six weeks since the end of the transition period when brexit formerly fully finally happened. This is an amazing moment for this country. We have our freedom in our hands and these up to us to make the most of it so far. It hasn't been straightforward this week. The european commission listed a series of shortcomings in how britain is following border agreements in northern ireland. Meanwhile amsterdam past london as europe's largest center of share trading. Of course there are other teething problems and Britain's government is projecting confidence about getting past this teething period. They're all some specific issues that relate to what the european union that can be resolved in the next few weeks months as we adjust to a new situation at the same time. Figures released this morning. Show that the country is grappling with a record fall in economic output. Although the deal is done. The transition period over the relationship between britain and europe whether on banking or trade is still far from settled it was inevitable when brexit took effect that some business would move out of london because the business of london in the city has lost. Its automatic right to trade london across europe. Don't pete is economists brexit editor. And because it's lost that it's not recognized by brussels and therefore quite a lot of share trading in european shares and other euro denominated bombs was going to move and it has moved. Its move very fast. Mr trump sit down and what kinds of impacts can we expect from that kind of shift. I think we'll see. More shifting of trade. More fund manages moving capital more trading in europe. Erivatives will move into the european union. That will mean some loss jobs. It will mean. Some banks have to relocate people and activities to continental europe to amsterdam paris and frankfurt. It's not going to be huge in terms of the city. The city is a lube bull financial center. It's still going to be europe's largest financial center but it's going to lose a lot of it's european business and is that a permanent fifty think or could that business return if brussels were to recognize bridgman actual regulation in the city as equivalent to its own then. Some of the business might come back to london. But i think it's unlikely that the eu will do that. I mean many countries in the including brussels want to take back a lot of the trading and euro-denominated stocks chaz and. They didn't really see reason why they should be helpful to city of london.

Brexit Europe London Britain Amsterdam European Union Mr Trump European Commission Northern Ireland Brussels Pete Frankfurt Paris Bridgman Chaz
PS5 DualSense controller drift issues are mounting as complaints rise

Kinda Funny Games Daily

00:51 sec | 2 weeks ago

PS5 DualSense controller drift issues are mounting as complaints rise

"Psi ops controller. The dual sends is allegedly suffering the same drift issue that have been widely reported in the nintendo switch. Is joy con. Players reported stickshift issues online as early as ten days after their purchase of sony's console kotoka reported issue seize the jewel sense controller registering movement movement. Even when it's not being used drips issues have been exploiting in the past few years affecting all platform holders nintendo has been particularly impacted with joy contract the target of over twenty five thousand complaints across europe. The european commission has now been called to investigate the issue. It's under scrutiny. Outside of europe to with class action lawsuits filed in canada and the us mark soft is also affected with a class with a class action lawsuit filed last year saying that xbox one controller is have problems with faulty and lock sticks

Nintendo Sony Europe European Commission Canada United States
EU: AstraZeneca to supply 9 million more vaccine doses

AP News Radio

00:46 sec | Last month

EU: AstraZeneca to supply 9 million more vaccine doses

"Pharmaceutical company AstraZeneca has agreed to supply nine million additional doses of his coronavirus vaccine to the European Union during the first quarter when you target of forty million doses by the end of March he's still in the hall what the British Swedish company had originally a mouthful before Samantha shortfall due to production problems triggering a spot between AstraZeneca and the E. U. last week European Commission president Ursula von der Leyen said off recalled seven vaccine makers on Sunday that AstraZeneca will also begin deliveries a week sooner than scheduled and expand its manufacturing capacity in Europe the E. U.'s fall behind Britain and the US giving its population of four hundred fifty million vaccinated against the virus I'm Charles that as my

Astrazeneca British Swedish Company Ursula Von Der Leyen European Union Samantha European Commission E. U. Europe Britain United States Charles
EU places export controls on coronavirus vaccines

BBC World Service

01:41 min | Last month

EU places export controls on coronavirus vaccines

"Has criticized the European Union's announcement that it will bring in export controls on vaccines produced within the block. It again warned that vaccine nationalism would only prolong the pandemic. Senior wh o official, Dr Mike Ryan urged those protecting their own supplies to think of health workers around the world who may be in more need. They're right down the end of the queue right now. They're looking up to the top of the Cube on the figure at the top of the Q are fighting about where they're on the kids. I mean, that's what it looks like. Fighting over the cake when they don't even have access to the crumbs. You introduced the measure amid around with vaccine manufacturers over delivery shortfalls, But it was forced to backtrack on plans to override part of the Brexit agreement and imposed restrictions on the export of vaccines across the UK border on the island of violent after a diplomatic row. Kevin Connolly is in Brussels. The European Commission's readiness to impose border controls to restrict any flow of vaccines into Northern Ireland flew in the face of years of Brexit diplomacy, in which it claimed repeatedly that avoiding just such a hard border in Ireland was one of its key diplomatic objectives. Extraordinarily, It seems the threat to invoke legal powers in the Northern Ireland Protocol was taken without consulting the Irish government. There was talk of deep unhappiness in Dublin. It seems clear that the European Commission's anger and frustration at falling behind in the race to vaccinated populations prompted the sudden sharp escalation in what has been referred to as a vaccine war. A

Dr Mike Ryan European Union Northern Ireland Kevin Connolly European Commission Brussels Irish Government Ireland Dublin
E.U. Approves AstraZeneca Vaccine and Limits Exports

Lynne Hayes-Freeland

00:15 sec | Last month

E.U. Approves AstraZeneca Vaccine and Limits Exports

"Have authorized AstraZeneca's Corona virus vaccine for use in adults over 18 throughout the European Union and expert committee was under pressure, with critics saying the EU is not moving fast enough to vaccinate its population. This isn't requires final approval from the European Commission.

European Union And Expert Comm Astrazeneca EU European Commission
Germany expects EU to OK AstraZeneca vaccine with age caveat

AP News Radio

00:50 sec | Last month

Germany expects EU to OK AstraZeneca vaccine with age caveat

"European Commission chief see the bundle lane has told a German radio station the twenty seven member European bloc expects the pharmaceutical company AstraZeneca to honor a contract with the E. U. and deliver cope with nineteen vaccines on time then the lane told the station that binding orders and the contract is crystal clear I think the delivery of agreed quantities of vaccines was not subject to the best efforts of AstraZeneca as those applied only to the development phase of the vaccine underlain judged that time is now behind us AstraZeneca chief executive Pascal so we'll address the dispute for the first time on Wednesday rejecting the eaves assertion the company was failing to honor its commitments I'm Charles the last month

Astrazeneca European Commission Pascal Charles
EU Decision on AstraZeneca's Covid-19 Vaccine Expected Today

WSJ What's News

04:52 min | Last month

EU Decision on AstraZeneca's Covid-19 Vaccine Expected Today

"European regulators will decide today whether to approve the astrazeneca oxford corona virus vaccine for use in the eu. It's a big moment for the union. European countries have been lagging behind in their vaccination rollout compared to the uk and the us one of the reasons for that is the eu had ordered more doses of the astra zeneca vaccine the the pfizer biontech vaccine which was approved in december. They'd been hoping this new approval would get them up to speed but even before that happens there have been complications. Astrazeneca has told the e you it won't be able to fulfil its order right away and now more shortages could be on the horizon to discuss the situation. I'm joined now by the wall street. Journal's boy on panchev ski from berlin. Glad you're here boy on hi there mark boy on. Why is this shortage emerging. So what's happening is this. The european union doesn't seem to have ordered enough. Those is from the companies that kind of in the vaccine in the race to put a vaccine to market. And not only that but now it happens so that astrazeneca which developed a vaccine together with to oxford university seems to have had a problem in its supply chain and it saying econ deliver the original amount does is there were promised for for the first quarter of this year and these two things together have basically created a lack of supply for the european union. And now they are simply not enough shots for for all the people that need to receive them boy on. What is the response from astra zeneca. We heard from an e you commissioner. Recently who expressed tremendous dissatisfaction. Yes well there has been actually a bit of a war of words between the european union national governments and the european commission which which speaks for the european union and on one side and astra astrazeneca the pharmaceutical giant on the other astrazeneca denies that dave violated contractual obligations. They're saying they would been deliver. What they are meant to be delivering. But they have a bit of a hiccup related to a contractor in belgium and therefore they won't be able to meet the target but they're not saying that they are breaking commitments in law and that's the debate between the two sides. The you saying you know you. You've said you'll do this. You have an obligation to do that. The contract we haven't seen it is not public It's confidential and there has been talk now that the contract would be published so we can all see what's actually written in the contract and who is actually honoring mets or not. Can you way the company kind of rejects the european byu. That is done something wrong. Essentially and they're basically in a nutshell saying this is a normal part of this. This huge complex effort to produce hundreds of millions dozes for the whole world in in a ongoing pandemic boy on as that discussion is taking place. What's happening across europe to deal with this well essentially. There's a bit of a political backlash now in some countries of the european union notably in the most populous country germany because it has become apparent that there are not enough those this of vaccines of any kinds against coronavirus in the immediate term and that essentially means that people will who are vulnerable will not be able to be To get the job and be protected he immediately and that means also that the lockdowns were might be prolonged that the restrictions and the measures that we have in place in europe will will loss longer than people have perhaps hope for. There's so much they can do. Essentially what they could do is they could order more dozes from the companies. That have a vaccine that has been authorized by regulators. And so far we've got. As of friday. Essentially three companies astrazeneca is most likely to be authorized in europe. Then we have pfizer and biontech and we have modern. So what the the choice for the european union's toward more is now the problem with that. Is that everyone's those so you if you whoever orders now will be at the back of the queue. there's global q. Of nations or waiting for supplies and and some of them are huge. Markets such as the united states such as great britain and in the case of zenica india. And so on. So that won't be easy and and there will be slight delay in delivering. Whatever new orders might might be placed

Astrazeneca European Union Astrazeneca Oxford Mark Boy Astra European Union National Govern Pfizer Oxford University Berlin European Commission UK Belgium United States Europe Dave Mets Germany Zenica Great Britain India
Vials and tribulations: the EUs vaccine push

The Economist: The Intelligence

02:29 min | Last month

Vials and tribulations: the EUs vaccine push

"The likes of. America and britain are racing ahead with vaccine programs. Most of the twenty-seven member states of the european union have barely left the starting blocks by last week the you had vaccinated one point four percent of its population. in britain. It was seven percent in america. Five and after that sluggish start the block. Looks like it'll be further hampered by cut to supply astrazeneca and pfizer biontech of both said production problems go preclude them from meeting. The expected numbers the eu says. It will tighten export controls and threatening legal action. The president of the european commission ursula von der lion urged the companies to meet their promises invested billions to help develop the world's first covid nineteen vaccines to create a truly global common. Good and now the companies must deliver. They must honor. The obligations. Astrazeneca has defended its efforts partly blaming the eu for delays in signing the contract the eu for its part hasn't yet approved the astrazeneca vaccine. That's expected to happen on friday a month. Behind britain the european commission had set a goal of inoculating seventy percent of europe's adults by the summer. It's a target that looks increasingly unlikely. I think the best way to describe how europe is progressing with the fact. Saination program is radically sophie. Petr is our paris bureau chief. Each european country has delegated all the buying the distribution of vaccines and the authorization for them to european authorities which means that each country ought to be at the same point. But if you actually look at what's happening on the ground that's not. The case is a very patchy pitcher. Then why is that. When you're dealing with twenty seven different health systems and health is something that is not managed at european level it manage country each of those systems different. They tend to be quite centralized. In some cases you take france be good example or centralized as in germany and each system has its benefits in some cases during the early months of the pandemic last year. It was actually thought to helped. Germany's have such a decentralized system. But now germany's steams be finding it difficult to get out the vaccine like disadvantage so it really is this patchwork of different health systems and different campaigns that i think explains the differences across the continent

Astrazeneca European Union Britain Ursula Von Der Lion European Commission America Pfizer Europe Petr Sophie Paris Germany France
EU pressures AstraZeneca to deliver vaccines as promised

Monocle 24: The Globalist

04:47 min | Last month

EU pressures AstraZeneca to deliver vaccines as promised

"Leaders across europe according on brussels to impose measures to curb the export of corona virus vaccines as tension grows across the eu. Over the sputtering rollout of vaccinations. Germany is the most vocal demanding. The european commission toughen export rules to ensure drug orders of being met. This comes amidst claims about so-called vaccine nationalism from countries already dealing with shortages of doses because of manufacturing delays. While i'm joined now from brussels by darn mccaffrey. Who's euronews political editor. Darren good morning to you and thanks for joining us. What what has prompted these measures. So it's all kind of started last weekend when astra zeneca announced that it would not be able to meet the numbers of vaccines that the european union had been expecting in the first quarter of this year. In fact it suggested that it will be able to deliver only around forty percents of what originally thought it might be able to produce. This was an addition to pfizer. Also a couple of weeks ago saying that they were not going to be able to quite meet the the numbers of vaccines to the european union and the on because altered problems. Astrazeneca has blamed it on the fact that they're not deal with vaccine particularly at the plant in belgium and had hoped ultimately are not going to be able to essentially achieve the the number of jobs that the european commission thought contractually that astrazeneca had promised them now. Things got pretty difficult to the start of the week in a very public war of words. Clearly the commission. The commission was quite angry. Frustration with astra zeneca. There were several phone calls between on the line and the ceo of astra zeneca with the eu demanding. Essentially that they find vaccines from elsewhere. Of course the vaccine is made in different parts of the world most notably in the uk where there is no effect on the supply and what we heard then last night however was from the astrazeneca ceo in an interview which accused the european emotional. At essentially it signed contracts much later than the uk don and that the glitches that was being that had proven to be showing up in the production. The vaccine in belgium was done to the fact that the eu took three months later to sign contracts at dan the u. k. And so what. We've now got this very public battle. Almost a war. I would say between both sides and so what is it that the eu is proposing so the suggestion essentially they argue for transparency reasons the vaccines that are manufactured in the european union. The pharmaceutical companies need to give notification of precisely what's manufactured. How many are where it's going to if they are going to leave the eu now. The germans have gone somewhat further suggesting that if they're not getting their so called fair share off the vaccines at that. They may well blockades those axioms from leaving the e u all together to ensure that european union's proportionally. Don't lose arts now. This would have an impact for example the uk when it comes to the astrazeneca vaccine because it is manufactured in the uk but it would have an impact on the pfizer vaccine which is produced indulgent. Now clearly would be pretty dramatic stuff for the eu to start to do this. Many would accuse the european union off. As you say prompting vaccine wars vaccine nationalism. Something would have thought. The eu itself would accuse others off if they were to do. It's not what we said. Brussels so far are not backing. The germans want to see they are saying that this puree of our transparency though given the fact that the head of astra zeneca yesterday seemed to be laying blame at the european commission's door so this fiasco that the pharmaceutical company itself and the commission data so far not published the contracts which. Mep's in calling for four weeks suggests that today attention will turn to precisely what is in those contracts and has the commission itself nest up. We must also. I am not forget this really important. Point that actually. The european medicines agency to date has not authorized the astrazeneca vaccine so this all seems rather semantic to a degree though that authorization is probably expected on friday

Astrazeneca European Union Brussels European Commission Mccaffrey Belgium Pfizer UK Darren Germany Europe MEP European Medicines Agency
New protests loom as Europeans tire of virus restrictions

Michael Wallace

01:46 min | Last month

New protests loom as Europeans tire of virus restrictions

"Impose new covert restrictions and vaccines are in short supply. Now, all of this is happening as new strains of the coronavirus sweep through the continent. We get more now from CBS is Charlie Dagger to in London. Strict new lockdown measures triggered a backlash of violence that has spread across the Netherlands for three nights running angered a nighttime curfew, drawing riders onto the streets countries across Europe for resorting to extreme measures to stem the spread of the mutant variants of the virus, first identified in the UK Far more contagious than the old Corona virus. Tonight, the UK became the first European country to surpass Ah 100,000 deaths. Hard to compute the sorrow contained in that grim statistic. Germany has now made surgical grade masks mandatory on public transport and in stores. In rising tensions. The scramble for vaccines has taken a nationalistic tone after British based AstraZeneca said they'd fall short of delivering millions of doses to Europe. The EU threatened to block Fizer vaccine exports to Britain. European Commission president demanding a return on the billions invested in vaccine development. And now the company's must deliver. They must honor their obligations. You is expected to approve the AstraZeneca vaccine this Friday It has transformed the vaccination program here. Would Britain vaccinating far more people than any other European country? It's also awaiting FDA approval in the U. S. Nora Charlie Dagen in London.

Charlie Dagger CBS UK The Netherlands Europe Fizer Astrazeneca London Germany Britain European Commission EU S. Nora Charlie Dagen FDA U.
"european commission" Discussed on The World Next Week

The World Next Week

08:40 min | 3 months ago

"european commission" Discussed on The World Next Week

"The college of commissioner is gender balanced and it is a completely different atmosphere to work and decide not that. I say that women are better at different and this combination is so fascinating to have this broad view on risks or opportunities in the european union or in the world makes a completely different decision making process. and therefore i think the winning teams are those who have are diverse teams where you can indeed integrate different views different backgrounds different experiences different ways to address the world then the result i think is more sustainable in federal. Well thank you very much for a very interesting david our questions. We have some work question for about twenty minutes more questions before we are finished so we have the first question. We'll take the first question. Peggy hicks very much. This is peggy hicks. I work at the. Un's office for the high commissioner of human rights. Here in geneva. I was very glad to hear commissioner. Your statements about the importance of digital and new technologies and to emphasize the global reach of the actions that are taken by the european union in this area and with that in mind. I wanted to ask you to comment on an area. That wasn't as prevalent in in your remarks. Which is the area of online content in dish information and the extent to which on the european union will go to ensure that regulation of the space avoids overreach and restrictions speech and provides full transparency for the actions that are being taken and with that in mind focusing for example on areas of new terrorist content online regulation in draft form currently which includes a number of provisions which groups have been concerned about as going too far in terms of use applaud the ad vague definitions of terrorism. That could ash actually stifle descent and be used in actions by governments in in ways particularly possibly in the european union but particularly when these types of regulations are replicated globally. So they're much appreciate your thoughts on that. Thank you thank you for that question. So it is indeed this very fine balance that we have to find not at all to restrict free expression of speech and freedom of expression But at the on the other hand to fight for example terrorist online content. And that's why it's good that the different institutions in the european union are looking into that at the moment being. It is in the negotiations between council and parliament. And it's exactly this find balance that they try to find And i want to draw your attention. Also on another fire working on This is the responsibility of the lodge platforms indeed in a wider content. If you talk about For example child abuse or If we talk about indeed the terrorists content But also hate speech here to find a mechanism that not everything is allowed on possible on the lodge platforms but to be very sensitive to the topics. You were mentioning. The principle will be that it's understandable that launch platforms cannot know about everything that's on that platform but the moment they Get informed they get the hint that this is there. They should have the responsibility to become active and to work together with the authorities to make sure that Such devastating partly devastating. Contact content is not offered broadly on the platforms anymore. And this is where we have to work hard and define the rules which basically mirrors the fact that ed What would never be never be accepted. Offline cannot be just accepted online. We have to find this fine balance as we have it in the analog world in these topics that we know how to protect freedom of expression freedom of free speech but on the other hand fight these criminals that should not have just open field in the internet will take the next question for caryn. Don freed yes. This is karen. Tom freed from the german. Marshall fund of the united states president fund align. Thanks so much for laying out such an ambitious and clear new transatlantic agenda. I was interested in your view of the idea. That president-elect biden put forward in his spring article in foreign affairs where he said that in his first year he would organize in host a global summit for democracy aimed at galvanizing new commitments to fight corruption. Defend against authoritarianism and advance human rights. I i'm curious. Do you support that idea of a summit for democracy and second if criminal biden to ask your advice on how one could most effectively organize such as summit and how one defines the criteria for which countries are democracies. That should participate. I'd be very interested in your views. Thank you thank you So i think that he needs my advice but I very much support such an idea because we have seen over the last years. Of course the rise of authoritarian regimes. And i haven't understood his initiative so restricted only to the question who should attend but also to the question. How can we revive the democracy in its finest way to be that is in a respectful dialogue and in a competition for the best common ideas but not in division or hate for each other or the well the populism. We have seen growing in the last years so to find again. This culture of dialogue and this culture of finding common solution wishes the essence of democracy respect for minorities for example. All these are topics how to revive that. And if we engage in such discussion in a structured way and globally decide. Be fantastic proposal. Which i would immediately support The thought behind it is also that it is important to have this kind of This kind of conversation in an open white space because even if people live in autocratic systems and regimes it does not mean that you should not reach out to them to convince that. There's something better waiting for them. And that is democracy that there's hope that their lives can improve. That freedom is coming. We have the examples in our history and That we support them in their thriving for change for a better world. So i would be very Interested in going into those dialogues. Take the next question from sue. Wash polly wall..

european union commissioner peggy hicks biden geneva david Tom freed Un caryn united states president-elect Don Marshall president
"european commission" Discussed on CFR On the Record

CFR On the Record

03:23 min | 3 months ago

"european commission" Discussed on CFR On the Record

"Will take the next question for caryn. Don freed yes. This is karen. Tom freed from the german. Marshall fund of the united states president fund align. Thanks so much for laying out such an ambitious and clear new transatlantic agenda. I was interested in your view of the idea. That president-elect biden put forward in his spring article in foreign affairs where he said that in his first year he would organize in host a global summit for democracy aimed at galvanizing new commitments to fight corruption. Defend against authoritarianism and advance human rights. I i'm curious. Do you support that idea of a summit for democracy and second if criminal biden to ask your advice on how one could most effectively organize such summit and how one defines the criteria for which countries are democracies. That should participate. I'd be very interested in your views. Thank you thank you So i i don't think that he needs my advice but I very much support such an idea because we have seen over the last years. Of course the rise of authoritarian regimes. And i haven't understood his initiative so restricted only to the question who should attend but also to the question. How can we revive the democracy in its finest way to be that is in a respectful dialogue and in a competition for the best common ideas but not in division or hate for each other or the well the populism. We have seen growing in the last years so to find again. This culture of dialogue and this culture of finding common solution wishes the essence of democracy respect for minorities for example. All these are topics how to revive that. And if we engage in such discussion in a structured way and globally. This would be fantastic proposal. Which i would immediately support The thought behind it is also that it is important to have this kind of This kind of conversation in an open white space because even if people live in autocratic systems and regimes it does not mean that you should not reach out to them to convince that. There's something better waiting for them. And that is democracy that there's hope that their lives can improve. That freedom is coming. We have the examples in our history and That we support them in their thriving for change for a better world. So i would be very Interested in going into those dialogues..

biden Tom freed caryn Don president-elect united states Marshall president
"european commission" Discussed on CFR On the Record

CFR On the Record

03:48 min | 3 months ago

"european commission" Discussed on CFR On the Record

"You have before you happy. You took the job or do you wish you had your previous job all. I'm very happy that i the president of the european commission for me. It was like coming home. Because it was born in brussels. And i grew up here and i just love the concept of the european union. Indeed this diversities this multilingual these different types of personalities but all with the same vision for european union and with the same rules of course That we bring along so that's one point but The other one that you mentioned is a power is certainly not only the question of military power power. Today is economic power. It is actually power through standardisation. So if you're able to shape the standards and port them to the rest of the world you exert power power is a lot dealing with having a convening power. I think this is one of the most precious things that is multilateral based system so there's that very different kinds of power you can exert to the worst to the better and when there's anything i've learned in the time a defense minister yes you need sometimes deterrence. You need military strength but over time you need reconciliations in the crisis region you need reconstruction in the crisis regions. So you need way more than that to really create again in virement where people have a perspective and people live together in peace and this consists of topics. I was just Just mentioning so to work on the fact that people have jobs that they can feed their families that they have a future where they are is the most noble and best task. You can fulfill our final question before we take questions from The others is You are Obviously a woman. You're the head of the european commission on merkel's a woman she's chancellor of germany and The the head of the isi christine lagarde's a woman. So what about affirmative action in europe for men are you gonna have any affirmative action so men can get some important positions from time to time. Well i'm getting tired of these types of questions to be honest if i look at all the leading position There what i see is we have for example now agenda balanced college. The college of commissioner is gender balanced and it is a completely different atmosphere to work and decide not that. I say that women are better at different and this combination is so fascinating to have this broad view on risks or opportunities in the european union or in the world makes a completely different decision making process. and therefore i think the winning teams are those who have are diverse teams where you can indeed integrate different views different backgrounds different experiences different ways to address the world then the result i think is more sustainable in federal. Well thank you very much for a very interesting david our questions. We have some work question for about twenty minutes more questions before we are finished so we have the first question. We'll take the first question. Peggy.

european union european commission brussels president christine lagarde europe Peggy virement david commissioner germany merkel chancellor
"european commission" Discussed on CFR On the Record

CFR On the Record

03:00 min | 3 months ago

"european commission" Discussed on CFR On the Record

"Indeed of the european union has stood together and Put forward measures. So i will not go in the details of the tools we were using but it ranges from support for these healthy companies. Who have to hibernate till we have a vaccine and sufficient vaccination of the population up to for example keeping workers in the companies by subsidising wages. Even if they do not have enough work Because we think keep your skilled personnel keeps them knowledge in the companies so that the moment the markets picking up again. You can take the orders because you have the capabilities so there is a huge package. We have already Put on the market together with the ecb. Indeed as you're paean commission and now we're working on a second which we call next generation you which is a package of The seven year budget plus next generation. You the recovery plan in total one point eight trillion euros so In the united states gallup organization published a poll this week which it said. Fifty eight percent of americans are prepared to take a vaccine but forty two percent or not either. Because they're afraid of axes. They don't think it'll work or it's been politicized. Is there similar concern in europe about taking the vaccine when it is available it varies a bit from region to region. And but i guess there will. The numbers will not differ too much and indeed. This is why as a commission we have taken on the task to develop an information campaign to fight fake news to fight misinformation but also to put forward the correct information that is necessary for the european citizen to know what's coming up and in general. The message is it is a matter of a self protection and solidarity and this is what we're debating a lot here in the european union to and it's again a field where we should work together because convincing people of what is factual what science tells us and fighting the misinformation fighting the fake news. That are out there. This is a a noble task so Today i'm just curious Is the when you were the minister of defense in germany you have an army. You'll all kinds of weapons of power. You have soldiers. You can send places now as the president of the european commission. You don't have an army. You feel less powerful than you did before or do you feel that job is even better job than one..

european union european commission ecb europe united states president germany
"european commission" Discussed on CFR On the Record

CFR On the Record

02:38 min | 3 months ago

"european commission" Discussed on CFR On the Record

"Thank you very much and thank you off for tuning in i'm david rubenstein. I am the co chairman and the co founder of carlaw group. But more importantly i am the chairman of the board directors of the council on foreign relations. And i have served with our guest today on the board of directors of the world economic forum. So let me briefly introduce our guest this morning. Von der lion is the person who is the first woman to serve as the president of the european commission and she has an extraordinarily different and unusual background. She is trained as a medical doctor but got into after getting her medical degree from hanover medical school and also her masters in public health from hanover medical school ultimately she went into politics when she returned from stanford where she was With her husband who was teaching at stanford she returned to germany got involved in politics elected abundance dog in two thousand three and then became a member of angela. Merkel's cabin in two thousand. I and was the only person to serve continuously in that cabinet until she gave up being a member of the cabinet to take this current position. She's the first woman to serve as head of the european commission. She was the first woman to serve as the minister of defense in germany. And i'm on other things. In case that wasn't enough for accomplishment achi is a competitive horse rider. She speaks fluent english. German and french and she has had time also to raise seven children. Very impressive so ursula. Thank you very much for being here and we look forward to your remarks. Thank you david. Ladies and gentlemen. Thank you very much for david for this introduction and for inviting me and of course i would have preferred to be with you in person but i'd say i'm with you in spirit and i do also feel like i am with you on eastern time. Having spent days and nights watching the us elections we were all glued to the and i must admit that this was a real learning experience. Well as you said even for former. Us resident and an avowed america file. Like me like so many others. I became overnight expert on voting tendencies and pennsylvania and turnout rates in clark county nevada or at least certainly felt that way but as the result became clear my attention turned to the implications and the opportunities for europe and for the transatlantic alliance..

david rubenstein chairman hanover medical school european commission germany stanford carlaw group us Merkel pennsylvania president co founder clark county america europe angela nevada
"european commission" Discussed on Insureblocks

Insureblocks

14:24 min | 10 months ago

"european commission" 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..

blockchain EU Us China Blockchain European Commission European blockchain Observator Europe College of Commissioners International Association for advisory board facebook Paris Google New York City twitter Germany
"european commission" Discussed on Insureblocks

Insureblocks

10:31 min | 10 months ago

"european commission" Discussed on Insureblocks

"Great great and the point is city not consumer protection investor protection. I mean you've got a set of imperative principles of the EU takes in designing that kind of strategy Or takes when considering blockchain the public good is something that is I would imagine is always in the forefront of your mind. Is there like a of principles that that the EU ticks when looking at colleges just blockchain lemon? I think you would say that. We're with a technology neutral approach. I mean where it's a little bit too simplistic to say technology neutral because we do see key technologies like artificial intelligence quantum computing block chain Internet of things that need to be supported with clear. Legal frameworks investments infrastructures in Europe and we are supporting them but in a legislative approach. We don't say that This is blockchain so you have to have a specific antifraud piece of legislation on it. It's ideal that you apply the same consumer protection the same investor protection and this is one of the challenges with digital assets. There are things that the technology can make faster more efficient and you don't want to apply requirements that are linked to a certain business model of the past if not necessary but at the same time you don't necessarily have to repeat that information cannot be fraudulent issue a prospectus And then completely change what you promise to the investor or the consumer or to say you have no responsibility if the decentralized system that people invested in doesn't work anymore if you're one of the the people has been promoting and profiting from it There is a an interesting legal challenge in the in the decentralization. But which in a lot of ways is not completely original Amin. We've had cooperative and partnerships in the past which sometimes even quite large in membership but obviously decentralization. You have to have a certain flexibility which the law accommodates That's if you're applying something that may have been thought of twenty years ago to a silo as single control over a process to a process which might have a hundred thousand or or ten thousand different participants. You have to find a different way too. Pragmatically apply it and an important principle of e you law is proportionately so to accomplish something you don't need to put tore. You cannot put a unproportionate proportionate burden on those who are either being regulated or also those two. How perhaps a right that they want to assert right so one of the Groups that reports into you is the European blockchain observervation work group. Nine understand that it finished or a restarted. I should say last week. Could you tell us a little bit about its objectives and the results of their previous groups? Findings yes I mean. It's As you say we have a little bit. The Implementation. The regulation with The partnership and the services infrastructure and the legal instruments and. Then we have as a another leg of the stool or of the table. You have the knowledge which is the blockchain observatory inform. We kind of look at it as a semi autonomous think tank working for us I mean we fund it and And the funding goes through through my unit through the European Commission but They look at the landscape on subjects. That we decide together and give us an independent point of view on that. So for instance blockchain and the General Data Protection Regulation Blockchain an identity blockchain and governance. Which is one of the paper. That's about to come out blockchain and digital assets blockchain and legal aspects such as smart contracts. All of these are published on the website. There's also videos of the workshops reports of the workshops so both to inform us of everything that's going on out there some of which hopefully no but also bringing in a new insights and and new points of view which may contradict something. We think or sometimes happily see that we're thinking in a in a correct direction or a direction that reflects what's happening in the market or in society and that is that is there rule and it was as a two year public procurement open to any company group of companies and universities and then we did a another one after the two years as a as the contract required. And so now there's a new group coming in that we just we just met with so they haven't started their work. But I mean they'll be continuing the website that's online now and I really would encourage people to look at it if they're interested in blockchain. I mean you also have issues like convergence of blockchain with artificial intelligence and Internet of things. I would say that I find it very interesting. But of course I'm somebody in the space so this will continue and And another thing that it did it. Help US organize this convergence. Global Blockchain Congress in Malaga in Spain last year with the International Association of trusted blockchain applications and other parties including the government of Spain. So this is the type of thing that it does brilliant any. He said that all of it he knows of Abelino for the public to go investigate. Is it also open for them to to comment to to add their thoughts onto it or is it more of a one? Wake a communication absolutely. There's there's a community various discussions That is curated by by different groups. And there's a mapping so you can have your your blockchain project or initiative on that map also to inform others and there's also been a advisory groups to it the advisory groups we will probably renew. I mean some people have lost interest because they have other Other mandates the responsibilities now and it's always good to get new people in because two years is a long time in in blockchain and decentralized technologies. So sometime I without over promising Were promising speed because we are obviously in this strange time of of Corona virus. We will probably do a call for proposals to renew the renew the membership and so it'll be people from academia people from the stakeholders world and look forward to that in the coming months. Of course of course I'd like to spend a little bit of time. Not Talking about the European blockchain partnership Could you tell us a little bit of body in Sherman's woods objectives? And what will its first use case be okay? The blockchain partnership is as I said twenty nine countries coming together. There was a ministerial declaration. That was signed and at the ministerial level. Generally ministers of economy or ministers discern responsible for a digital economy digital public services. Were those who signed. And we've moved forward to have a specific groups and assist together with another another group of our colleagues Digi digit. Who are the colleagues responsible for for programming for implementation of ICT in the European Commission and the use cases that we have right now? Our regulatory reporting in the tax and Customs Excise Area A diploma certification a certification of audit documents and self sovereign identity. And these will or several of these will launch this year. I mean we're a little bit affected by the the corona virus not so much that the work has slowed down but data had to say the visibility at the political level is a little lower now. So you don't want to launch a service in a political way when when no one notices it So the work is going on full speed and then we'll see an opportune time which most likely will be in the autumn to announce a launch of and this is a full launch. As I said of one or more of the services and then all of these services Within the next The next year. And then we're adding and a public announcement will come up adding a few more use cases. The one that is known to the public it was announced in the small and medium enterprise in startup strategy was adopted in March this year and this is to explore how small and medium enterprise balans could be issued on the blockchain across the entire digital single market across the twenty seven countries. So there we have a a working group internal to the commission with the financial services colleagues most of all but also consumer colleagues and Then we're going to see how technically we can launch that and that one might be speeded up if seen as opportune in order to address some of the access to finance issues which the which the crisis has only made more obvious and More urgent need indeed. That's definitely Wearing on a lot at the moment because of On Karma virus in different governments have been launching different initiatives.

blockchain EU European Commission blockchain observatory Europe Spain Malaga Customs Excise Area Sherman Abelino International Association of
"european commission" Discussed on Insureblocks

Insureblocks

13:47 min | 10 months ago

"european commission" 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.

Blockchain European Commission European Union Blockchain Digital Single Mark Fintech Task Force U Blockchain Observatory blockchain European Commission Peteris International Association of T University of Southern Califor European Commission Meccan California Peters Zilkha Latvia Inter blocks European Court OECD
"european commission" Discussed on KCRW

KCRW

01:52 min | 2 years ago

"european commission" Discussed on KCRW

"The European Commission to join him in presenting a United European front to the Chinese leader been fomented could Ashim. Macron told she China must respect European unity. The reality is far different says venture capitalist Andrei Luther croup, yet Trie who spent a decade in China. Everything shows that the Chinese plane divide and conquer. Now, we have Italy who has accepted to be the first G seven country to join the belt and road, France and Germany were shocked that Italy signed onto China's math infrastructure project when she swan through Rome before heading to Paris, Los accrue, Pietri says only a United Europe will be strong enough to stand up to China's so-called silk road initiative, which many believe is designed to extend China's influence in Europe and beyond Eleanor, Beardsley, NPR news Paris. All right. That's the view from Beijing westward to France. Now, let's look south of China's capital sixteen hundred miles to Laos China is building a railway. On Laos, and our producer, Ashley western visited. Ashley what you learn. I learned that locals are concerned about one of China's global projects, and the nickname of laws is a clue what that problem is nickname. Yes, blouses known is the land of a million elephants, but elephants are getting scarce and at the elephant conservation centre. I learned more about how the railway could make things worse. I was there snacktime on a warm spring afternoon. Five female Asian elephants each over seven feet tall in weighing some six thousand pounds were standing in the shade munching on sugarcane and banana tree stocks fed to them by their handlers or MMA hoots elephant guide punks. Awesome Eliah tongue waves.

China Laos China Ashley western European Commission France elephant conservation centre Macron Laos United Europe croup Paris Andrei Luther Beijing Trie MMA Pietri Italy NPR Rome
"european commission" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:52 min | 2 years ago

"european commission" Discussed on Bloomberg Radio New York

"Parliament. There's been debate and vote on seven amendments at this hour. The really key headline right now is the UK parliament backing the Brady minute amendment to renegotiate Brexit. And what's interesting about this is this amendment remove the Irish border backstop and replaced it with alternative arrangements. And so now, you do is get a new Brexit deal. And now Theresa May has to take that to the European Union. I think what's also interesting here. Jason Jeremy Korman saying that he is now to meet to resume to talk about Brexit once again. So the issue is kind of the opened at the same time. We know what amendment that was rejected was extending the deadline that March deadline in short. It's a little bit of a mess. So let's try and figure out where we go from here Maria today. Oh of Bloomberg joins us from Brussels where she's been tracking all of this very closely. So Maria break this down for us. What happens next high denied, it's incredibly complicated picky. So Maria break this down for us. What happens next high denied ED's incredibly complicated? Because you see the prime minister may herself has acknowledged that is the only way to get this deal done as by determine the backstop. She's now asked the eat, and it's actually the tournament to you just forget about the dealership pit to vote two weeks ago. Forget about a to with eighteen months and the making and somehow in sixty nine days, she's got to be able to find a magic plan and the e which I'm sure we'll pet reaction and just minutes. We'll say we're not gonna ditch the backstop. He Irish government won't says because feature arrangements. What does that mean? We're talking about technology in twenty nine PM. So you can see that for the reaction in the market today. Starting just basically plunged as the fact that we're back to square one, right? It's really nothing need here. And there's headlines from European Union spokesmen who saying withdrawal deal, the backstop will not be renegotiated saying that the EU also stands ready to consider a Brexit delay withdrawal deal only way to ensure orderly exit. So we're hearing from the EU, right? There's so many different parties that are involved in this process, as we know, and there are steps in formalities at the same time as you said tick tock that marks deadlines getting closer and closer. Right. And we were expecting the European Commission to put out this statement immediately after because they want to send a very clear message the divorce deal the withdrawal agreement if you will cannot be touched. And that is clear is Dan against Asians have vanished, and the eyes of the opinion leaders and the European Commission, and I wanna point out because it's interesting. See how the market has somehow just assumed that there will be a deal. No deal is just not possible and prime minister may just said I wanted to steal. But again, and Brussels music actually sounds very different. They would tell you or no deal by accident is actually a possibility will continue to play this game. Ready? Nothing changes. And we put things to vote that either don't fly in London would just you simply cannot be accepted in Brussels. And so Marie. We also point out. We've been trying to follow this alongside you and the general consensus from our top live blog that's been looking at this. Is that a tree Somme overall? Did ultimately come out. Okay. From all of these votes because there were a number of amendments that would have dramatically changed the trajectory of this. As you say, it looks like she at least has a path toward renegotiation of some sort. It feels like one of the big questions here is going to be will there be a delay? Right. I think to your question was a good night for prime Minister Mate. Before conservative party, would certainly not in the eyes of Brussels Beck is again, she's seized extent article which they thought she would do by now. So and is the European officials and everyone in Brussels, the default option is that if you don't have a deal, and you don't for many ask for an extension and only the UK can do this you cross out in March twenty nine. That's it's that simple. All right. Fascinating Maria today are thank you so much in Brussels for Bloomberg news getting us up to speed on the Brexit vote. Once again, another Brexit vote on this Tuesday. You are listening to Bloomberg BusinessWeek quick check on the markets for you. We've just got about nine minutes to go in today's trading session right now, the S and P five hundred it is down about six and a half points bouncing around a little bit today. The Dow Jones industrial average a gain of thirty points up one tenth of one percent. The NASDAQ it is the underperformer it is down about sixty three points for a loss of nine tenths of a percent. We've got the closing bell coming your way in. Just a moment. This is Bloomberg..

Brussels Bloomberg prime minister European Union Maria Brexit UK ED Brussels Beck Jason Jeremy Korman Theresa May European Commission Marie London Dan eighteen months sixty nine days
"european commission" Discussed on Radio Free Nashville

Radio Free Nashville

08:43 min | 2 years ago

"european commission" Discussed on Radio Free Nashville

"And the European Commission say they're preparing for the possibility of a no deal Brexit, which many fear will severely disrupt trade travel and the flow of essential goods, including food and medicine. Britain's currently scheduled to exit the European Union March twenty ninth in Tijuana Mexico two hundred teenagers who traveled to the US Mexico border with migrant caravan have been killed. The teenage boys believed to be aged sixteen and seventeen were reportedly strangled and stabbed after leaving the migrant youth shelter where they were staying two men and one woman have been arrested and charged in the case, according to local authorities and more news from the border Maria, Lila, Massa, Castro the woman who was captured and a viral Reuters photograph fleeing from a border tear gas attack with their children is reportedly now in the US, California. Congress members Jimmy Gomez. And the net. Baragan said Mazza and our five children had been taken in and their asylum. Request is currently being processed in California. A five month old girl who traveled to the US Mexico border with the Central American migrant caravan has been hospitalized with pneumonia after she spent five days and freezing government cells known as lettuce or iceboxes agents at the immigration prison in California, where she was being held reportedly refused to seek medical attention for the girl. After her mother notified them. She was ill. This comes as public. Outrage is growing over the death of seven-year-old Jay Lin cow McKean from Guatemala who died in US custody after she was detained at the US Mexico border, and it remote area of New Mexico earlier this month. A federal judge struck down Trump administration policies designed to prevent people fleeing gang and domestic violence from seeking asylum in the US the Wednesday ruling came in a lawsuit filed by the ACLU in the center for gender and refugee studies representing twelve adults and minors who were denied asylum under the new government rules US district court judge Emmet Sullivan who call the Trump administration policies arbitrary capricious violation of the immigration laws ordered any deported plaintiffs in the case be returned to the US earlier this week. Judge Sullivan delayed sentencing for former national security adviser, Michael Flynn and told him in his courtroom, you sold your country out. In more immigration news. The Trump administration's easing the requirements for sponsoring migrant children in government custody sponsors are most commonly relatives of unaccompanied children who are able to take them into their care. The department of health and human services announced it will no longer require a full background. Check on all members of a potential sponsors household, which draws out the process significantly in September ice confirmed. It was arresting potential sponsors for possible immigration violations. Recently revealed data showed immigration and customs enforcement or ice has arrested one hundred seventy people since July a reported fifteen thousand immigrant children are currently being held in government custody a record high the department of agriculture is proposing a new rule making it more difficult for low income Americans to receive federal assistance from the supplemental nutrition assistance program known as snap their proposed rule. Limit states ability. To issue waivers unemployment requirements before people are deemed eligible for food assistance in Legal News. Colorado appeals court dismissed Eighty-three complaints against supreme court Justice Brett Cavanaugh one of the ethics complaints alleged cavenaugh lied under oath to the Senate during the confirmation proceedings that you dish oh panel said they do not have the authority to take action on the complaints which relate to events before his confirmation as a supreme court Justice because the seat on the supreme court bench. Excludes him from the judiciary's misconduct rules. The New York Times is reporting. Hackers access diplomatic European Union cables for years. A trove of documents reveal concerns over Trump and his relationship with world leaders, the fate of the Iran nuclear deal and fears of Russia annexed Crimea turning into a nuclear hot zone. Other major international institutions, including the United Nations were also reportedly targeted in the widespread cyber. Attack. Cyber experts say the attack was perpetrated by Chinese hackers linked to the Chinese government. The New York Times is reporting that democratic operatives employed covert methods borrowed from Russian cyber agents on Facebook and Twitter in an attempt to sway last year special Senate election in Alabama the democratic operatives admitted to using false flag operations to make it look like Russian Bob's were helping Republican ROY Moore's campaign democrat Jones narrowly beat out more in the historically conservative state after more came under intense fire as at least nine women accused him of sexually harassing or assaulting them when they were teenagers. The US Senate has unanimously approved a Bill to make lynching a federal crime newly elected Mississippi Republican Senator Cindy Hyde. Smith presided over the vote last month heights Smith came under fire after she made the campaign stop remark if he invited me to a public hanging. I'd be on the front row. She was referring to a supporter. In illinois. A new report by the attorney general finds nearly seven hundred Catholic priests have been accused of sexually abusing minors, but the church withheld the identity of at least five hundred of the alleged sexual predators. The report reveals a pattern of discrediting survivors and neglecting to investigate allegations. The reports the latest shockwave and the ongoing sexual abuse crisis in the Catholic church earlier this month in American Catholic priests Kenneth Hendrix was charged with sexually abusing at least ten young boys in the Philippines, meanwhile in Los Angeles Bishop Alexander Salazar has resigned following revelations of sexual abuse against a child stemming from the nineteen ninety s the Los Angeles archdiocese was reportedly aware of the allegation as early as two thousand five ultra the company which produces Marlboro cigarettes is reportedly close to signing a thirteen billion dollar deal with e cigarette maker tool earlier this month. Month. I'll tree it invested one point eight billion dollars and Canadian cannabis company. Kronos, Canada, legalized recreational marijuana use in October in Brooklyn, Ohio, a black man was apprehended and handcuffed by police after tellers at Huntington Bank, refused to cash check then called nine one one on him thirty year old Paul mccown's was attempting to cash a paycheck of just over a thousand dollars. Social media reports of the incident, which took place in December. I have been circulating with the hashtag banking while black and Texas the ACLU filed a lawsuit against the state's attorney general to universities in two school districts over the controversial state law, requiring employees to not to boycott Israel the suit claims such a demand, violates constitutional rights, one of the plaintiffs in the case is a reporter at NPR affiliate radio station KTAR, which is licensed with a public college in Texas last week, the ACLU of Arkansas. Aw, filed a suit on behalf of the Arkansas times challenging a similar law. That says government workers must pledge not to boycott Israel or suffer a pay cut Austin-based Palestinian American speech pathologists by here. A Maui is also selling Texas for losing her job over her refusal to sign the pro Israel oath to see our interview with the Maui. Go to democracy now dot org in New York City. The activists who climbed the statue of liberty to protest President Trump's anti-immigrant policies has been found guilty on multiple counts, including trespassing and interfering with government agency functions. Tara's Patricia Okuma and other activists staged a July fourth protests, dropping a banner reading abolish ice from the base of the statue before Okuma attempted to scale the statue Oklahoma, wearing a dress with the word seeking asylum is not a crime written on it addressed supporters outside the courthouse on Monday. Really hot. About the children. Thank you. Constance. And.

US Mexico California European Union Trump ACLU Israel US Senate Texas Congress European Commission The New York Times attorney Tijuana Mexico New Mexico Jimmy Gomez Brexit Judge Sullivan Baragan Britain
"european commission" Discussed on Pocket Now Weekly

Pocket Now Weekly

02:08 min | 2 years ago

"european commission" Discussed on Pocket Now Weekly

"Play store and whatnot has been detecting app. Toyed as a risk to the users devices, and some cases has uninstalled the app or has made it very at the very least has made it very very hard to download apps from outweighed for the sake, it is alleged of Harvard competition and afterward has said that it has affected at least two point two billion daily active users, which it has lost. The will we're gonna have to see what happens at this point to Google, which is already facing a whole bunch of European Commission year. Yep. Five exactly. So I want to know what your take is. He K. I mean, so I you have to look at it from both sides. Right. So from one end you have to look at it from the the app store, right or the play store versus there are other apple or other stores that you can get -application Trump. So there's the other apps, but for the most part Google has never gone directly after other app stores it essentially, it hasn't tried to infringe on them being not only side loaded is you're downloading them directly. You're not downloading them direct from the Google play store. But it's the I think it has the tie into the whole replay, protect, right? It's a service that they're trying to say that this protects your device give you a security from Google. And they're saying look you're bringing in at the store that's going to be able to download applications that are not verified by us. So we can't guarantee them. And I think that's where it should stop. It should not go into the point of saying, look, we're going to remove for you. And not only that we're going to make it very hard for you to use. So I like the ruling I like the fact that it's allowing third party application store. To reside and actually function as a as a normal thing to update applications push notifications and stuff like that. And I hope that this does not give Google the permission to say. Okay. Well, you know, we're not going to be able to protect your device if you can download things from third party application stores, and that's not true. You need to know what you're downloading..

Google Harvard European Commission apple
"european commission" Discussed on Progressive Talk 1350 AM

Progressive Talk 1350 AM

02:11 min | 3 years ago

"european commission" Discussed on Progressive Talk 1350 AM

"Opponents series not a robot which is why she's she's not even an ai she's a computer program you could put syria into a robot body though probably it's going to be the series of the world they're going to get going to be their individual rights are going to be challenged before the robots before the burger flipper who knows something like that is going to happen because it may not be long before the burger flipper is given a personality or something like that or whatever but either way or you're going to have the the cleaning robot you already have the roomba right so the little round robot that bumps around and kind of cleans up things it's not the smartest thing in the world so rosie the robot made from the jets that files for her rights right that's the idea so rosie's tired of being worked to the bone and she says hey i can think i've got rights i should have rights universal basic income filing a lawsuit so here's the story here europe according to cnn tech is thinking about giving advanced robots rights and responsibilities many experts say that's a terrible idea the european parliament passed a resolution last year that envisions a special legal status of electronic persons for the most sophisticated autonomous robots the proposal is being considered by the european commission europe's top regulator more than one hundred and fifty experts in robotics artificial intelligence law missile science and ethics have weighed into the debate on thursday this was just a couple of weeks ago by the way with a clear warning against such a move in an open letter to the european commission they said the proposals appear to be influenced more by science fiction than the real world the lawmakers argue that giving advanced robots legal status would make it possible to hold machines to account for any damage they may cause mady delvaux the parliamentarian who drafted the proposal was not available to comment on the letter the european commission is working on an initiative on artificial intelligence will will be presented at the end of this month quote artificial intelligence can bring major benefits to our society and economy but it also raises questions for example related to the impact of a on our society in the future of work said commission spokesperson experts said the parliament's proposal could allow manufacturers programmers and owners of robots to.

syria rosie european parliament europe european commission cnn
"european commission" Discussed on Global News Podcast

Global News Podcast

02:02 min | 3 years ago

"european commission" Discussed on Global News Podcast

"The european commission is to investigate the tax arrangements of the world's largest furniture retailer i kia in particular the commission says it wants to check if ikea's tax affairs breach eu rules on state aid to find out more i spoke to our business reporter jonty bloom reason the european commission is looking at this is because it doesn't so much concern itself with the different tax regimes of each member country but what it does worry about is if the tax system is only exploitable boy multinationals which can afford to sets up the kinds of schemes of their kia has and put this in context the all highstreet retailer you high highstreet store which sells furniture and his own by a family is going to have a great deal of problem competing with i care on price and advertising on all is kind of other issues and the european commission says if also has a special tax break which that local firm can't take advantage of that so unfair but it is any one party of i care that's being investigated here isn't it yes what has happened is the netherlands for historical reasons has a very low tax on royalties and what i kid doesn't it sets up a division in the netherlands and that's part of the company owns all the rule to ease the name the marketing all those kind of things the the different brands and so on and each other part of the eye care empire the stores have to pay a certain amount of money every year to use those rights it's very complicated but what it basically means is they are moving a lot of their revenue into a place where perfectly legally they pay less tax on it is available to everybody else far from pain the first multinational to fall foul of the european commission in this way said no and the european commission for me quite pleased that this one is originally a swedish company because they've been accused of only basically investigating american giants in the past so famously they've looked at amazon they looked at mcdonald's and i think the most famous cases apple which was moving an awful lot of its european sales through island which has a very low tax rate.

european commission ikea mcdonald kia reporter jonty bloom amazon apple
"european commission" Discussed on Global News Podcast

Global News Podcast

02:02 min | 3 years ago

"european commission" Discussed on Global News Podcast

"The european commission is to investigate the tax arrangements of the world's largest furniture retailer i kia in particular the commission says it wants to check if ikea's tax affairs breach eu rules on state aid to find out more i spoke to our business reporter jonty bloom reason the european commission is looking at this is because it doesn't so much concern itself with the different tax regimes of each member country but what it does worry about is if the tax system is only exploitable boy multinationals which can afford to sets up the kinds of schemes of their kia has and put this in context the all highstreet retailer you high highstreet store which sells furniture and his own by a family is going to have a great deal of problem competing with i care on price and advertising on all is kind of other issues and the european commission says if also has a special tax break which that local firm can't take advantage of that so unfair but it is any one party of i care that's being investigated here isn't it yes what has happened is the netherlands for historical reasons has a very low tax on royalties and what i kid doesn't it sets up a division in the netherlands and that's part of the company owns all the rule to ease the name the marketing all those kind of things the the different brands and so on and each other part of the eye care empire the stores have to pay a certain amount of money every year to use those rights it's very complicated but what it basically means is they are moving a lot of their revenue into a place where perfectly legally they pay less tax on it is available to everybody else far from pain the first multinational to fall foul of the european commission in this way said no and the european commission for me quite pleased that this one is originally a swedish company because they've been accused of only basically investigating american giants in the past so famously they've looked at amazon they looked at mcdonald's and i think the most famous cases apple which was moving an awful lot of its european sales through island which has a very low tax rate.

european commission ikea mcdonald kia reporter jonty bloom amazon apple
"european commission" Discussed on Global News Podcast

Global News Podcast

01:56 min | 4 years ago

"european commission" Discussed on Global News Podcast

"Services provided by rivals on nought and in fact they often fall as low as page four and nobody really ghost page for on a on a search website it just doesn't tend to happen and the commission says that not only is google deliberately promoting its own services in some cases it's deliberately downgrading rival services and pushing them down the rankings so says this amounts to an abuse of google dominant position in the search market in order to favour its price comparison service i need a huge fine it is the largest find the european commission has ever imposed on a single company for competition infringements so yes it's a very big find is not the maximum the commission could impose based on google is worldwide turnover it could have imposed a fine of up to nine billion euros even so it's very big it's rather larger than most people were expecting and it's pretty clear that what the commission's trying to do here is send out a very strong signal not just to google but to other companies as well and it's saying that the european commission as europe's competition regulator is not going to be put off taking on even the biggest and most powerful operators and you said they sending out a strong message cannot a big tech giants expect to be pursued as well if the commission thinks the thera guilty of competition infringements then yes this isn't the first time the commission has done this if you think back ten years ago we're talking about microsoft and how it was bundling things like microsoft explorer into its windows operating system and there was an awful lot of discussion at that point about the wisdom of the commission targeting us tech giant whether it was biased against american companies and so on on what we're seeing now is something very similar that was theo leggatt our business reporter and gugel has said it's reviewing the commission's decision and considering an appeal.

search market european commission google europe microsoft windows reporter gugel operating system theo leggatt ten years
"european commission" Discussed on Global News Podcast

Global News Podcast

01:47 min | 4 years ago

"european commission" Discussed on Global News Podcast

"But i even for a tech giant that made well over a billion dollars a month in profit last year a fine of two point seven billion is a big financial blow that's how much the european commission has demanded from google it says the company broke eu competition rules news of the fine was announced this morning by margreiter vestay your of the european commission google strategy for comparison shopping service wasn't just two facts attracting customers it wasn't just the vast making its products better than those of his rivals google has abused its market dominance in its search engine by promoting its own shopping comparison service in its search results and the noting its competitors what google has done is illegal under eu antitrust rules business reports of the at toby about the background to this announcement google has a service that it offers called google shopping unyul seen it even if you don't know what it is if for example you go google time page and you type in bicycle what you'll see atal near the top of the page is a loss of pictures of bicycles that office sale along with details of the shop selling them and the prices charged so it's kind of a price comparison service that they offer on their main page the problem that the commission has identified is that a huge amounts of search traffic goes through google sign more than ninety percent of global search traffic is dari to three google and while google zone price comparison service is very prominently displayed on both the a desktop home page and the mobile home page.

european commission google search engine home page eu toby billion dollars ninety percent