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EU negotiators are closing in on a trade deal with Donald Trump that would cement higher tariffs than those granted to the UK, and Boston Consulting Group's chief executive said the group's involvement with a postwar plan for Gaza had been “reputationally very damaging”. Plus, European Commission president Ursula von der Leyen dismissed the no-confidence motion against her in a speech. Mentioned in this podcast:Donald Trump deal to leave EU facing higher tariffs than UKBCG modelled plan to ‘relocate' Palestinians from GazaBCG chief admits Gaza work was ‘reputationally very damaging'Von der Leyen bats away no-confidence vote but critics land punches Credit: European CommissionToday's FT News Briefing was produced by Sonja Hutson, Katya Kumkova, and Marc Filippino. Additional help from Blake Maples, Michael Lello and David da Silva. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
As the August 1st tariff deadline looms, President Trump dismisses skepticism about his tough stance on trade, insisting there will be no extensions, while also signalling progress in talks with the European Union. John Clarke, former EU trade negotiator and former Director for International Affairs at the European Commission joins Valerie Tytel and Stephen Carroll on Bloomberg Radio to talk about the prospect of a US-EU trade deal.See omnystudio.com/listener for privacy information.
Arushi Agarwal from the European Sustainability Strategy team and Aerospace & Defense Analyst Ross Law unpack what a reshaped defense industry means for sustainability, ethics and long-term investment strategy.Read more insights from Morgan Stanley.----- Transcript -----Ross Law: Welcome to Thoughts on the Market. I'm Ross Law from Morgan Stanley's European Aerospace and Defense team.Arushi Agarwal: And I'm Arushi Agarwal from the European Sustainability Research Team.Ross Law: Today, a topic that's rapidly defining the boundaries of sustainable investing and technological leadership – the use of AI in defense.It's Tuesday, July 8th at 3pm in London. At the recent NATO summit, member countries decided to boost their core defense spending target from 2 percent to 3.5 percent of GDP. This big jump is sure to spark a wave of innovation in defense, particularly in AI and military technology. It's clear that Europe is focusing on rearmament with AI playing a major role. In fact, AI is revolutionizing everything from unmanned systems and cyber defense to simulation training and precision targeting. It's changing the game for how nations prepare for – and engage in – conflict. And with all these changes come serious challenges. Investors, policy makers and technologists are facing some tough questions that sit at the intersection of two of Morgan Stanley's four key themes: The Multipolar World and Tech Diffusion.So, Arushi, to set the stage, how is the concept of sustainability evolving to include national security and defense, particularly in Europe?Arushi Agarwal: You know, Ross, it's fascinating to see how much this space has evolved over the past year. Geopolitical tensions have really pushed national security much higher on the sustainability agenda. We're seeing a structural shift in sentiment towards defense investments. While historically defense companies were largely excluded by sustainability funds, we're now seeing asset managers revisiting these exclusions, especially around conventional and nuclear weapons. Some are even launching thematic funds, specifically focused on security and resilience.However, in the absence of standard methodologies to assess weapon related exposures, evaluate sector-specific ESG risks and determine transparency, there is no clear consensus on what sustainability focused managers can hold. Greater policy focus has created the need to identify a long-term approach to investing in this sector, one that is cognizant of ethical issues. Investors are now increasingly asking whether rapid technological integration might allow for a more forward-looking, risk aware approach to investing in national security.Ross Law: So, it's no news that Europe has historically underspent on defense. Now, the spending goal is moving to 3.5 percent of GDP to try and catch up. Our estimates suggest this could mean an additional $200 billion per year in additional spend – with a focus on equipment over personnel, at least for the time being. With this new focus, how is AI shaping the European rearmament strategy?Arushi Agarwal: Well, AI appears to be at the core of EU's 800 billion euro rearmament plan. The commission has been quite clear that escalating tensions have not only led to a new arms race but also provoked a global technological race. Now to think about it, AI, quantum, biotech, robotics, and hypersonic are key inputs not only for long-term economic growth, but also for military pre-eminence.In our base case, we estimate that total NATO military spend into AI applications will potentially more than double to $112 billion by 2030. This is at a 4 percent AI investment allocation rate. If this allocation rate increases to 10 percent as anticipated by European deep tech firms, then NATOs AI military spend could grow sixfold to $306 billion by 2030 in our bull case.So, Ross, you were at the Paris Air Show recently where companies demonstrated their latest product capabilities. Which AI applications are leading the way in defense right now? Ross Law: Yeah, it was really quite eye-opening. We've identified nine key AI applications, reshaping defense, and our Application Readiness Radar shows that Cybersecurity followed by Unmanned Systems exhibit the highest level of preparedness from a public and private investment perspective.Cybersecurity is a major priority due to increased proliferation of cyber attacks and disinformation campaigns, and this technology can be used for both defensive and offensive measures. Unmanned systems are also really taking off, no pun intended, mainly driven by the rise in drone warfare that's reshaping the battlefield in Ukraine.At the Paris Airshow, we saw demonstrations of “Wingman” crewed and uncrewed aircraft. There have also been several public and private partnerships in this area within our coverage. Another area gaining traction is simulation and war gaming. As defense spending increases and potentially leads to more military personnel, we see this theme in high demand in the coming years.Arushi Agarwal: And how are European Aerospace and Defense companies positioning themselves in terms of AI readiness?Ross Law: Well, they're really making significant advancements. We've assessed AI technology readiness for our A&D companies across six different verticals: the number of applications; dual-use capabilities; AI pricing power; responsible AI policy; and partnerships on both external and internal product categories.What's really interesting is that European A&D companies have higher pricing power relative to the U.S. counterparts, and a higher percentage are both enablers and adopters of AI. To accelerate AI integration, these companies are increasingly partnering with government research arms, leading software firms, as well as peers and private players.Arushi Agarwal: And some of these same technologies can also be used for civilian purposes. Could you share some examples with us?Ross Law: The dual use potential is really significant. Various companies in our coverage are using their AI capabilities for civilian applications across multiple domains. For example, geospatial capabilities can also be used for wildfire management and tracking deforestation. Machine learning can be used for maritime shipping and port surveillance. But switching gears slightly, if we talk about the regulatory developments that are emerging in Europe to address defense modernization, what does this mean, Arushi, for society, the industry and investors?Arushi Agarwal: There's quite a lot happening on the regulatory front. The European Commission is working on a defense omnibus simplification proposal aimed at speeding up defense investments in the EU. It's planning to publish a guidance notice on how defense investment will fit within the sustainable finance framework. It's also making changes to its sustainability reporting directive. If warranted, the commission will make additional adjustments to reflect the needs of the defense industry in its sustainability reporting obligations. The Sustainable Fund Reform is another important development. While the sustainability fund regulation doesn't prohibit investment into the defense sector, the commission is seeking to provide clarification on how defense investment goals sit within a sustainability framework.Additionally at the European Security Summit in June, the European Defense Commissioner indicated that a roadmap focusing on the modernization of European defense will be published in autumn. This will have a special focus on AI and quantum technologies. For investors, whilst exclusions easing has started to take place, pickup in individual positioning has been slow. As investors ramp up on the sector, we believe these regulatory developments can serve as catalysts, providing clear demand and trend signals for the sector.Ross Law: So finally, in this context, how can companies and investors navigate these ethical considerations responsibly?Arushi Agarwal: So, in the note we highlight that AI risk management requires the ability to tackle two types of challenges. First, technical challenges, which can be mitigated by embedding boundaries and success criteria directly into the design of the AI model. For example, training AI systems to refuse harmful requests. Second challenges are more open-ended and ambiguous set of challenges that relate to coordinating non-proliferation among countries and preventing misuse by bad actors. This set of challenges requires continuous interstate dialogue and cooperation rather than purely technical fixes.From an investor perspective, closer corporate engagement will be key to navigating these debates. Ensuring firms have clear documentation of their algorithms and decision-making processes, human in the loop systems, transparency around data sets used to train the AI models are some of the engagement points we mention in our note.Ultimately, I think the key is balance. On the one hand, we have to recognize the legitimate security needs that defense technologies address. And on the other hand, there's the need to ensure appropriate safeguards and oversight.Ross Law: Arushi, thanks for taking the time to talk.Arushi Agarwal: It was great speaking with you, Ross,Ross Law: And thank you all for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.
Martin Heydon, Minister for Agriculture, Food and the Marine, on the governments response on the European Commission directive on the nitrates derogation. Francie Gorman, President of the Irish Farmers' Association, reacts to the latest EU directive on the nitrates derogation.
In this episode of The Ethics Experts, Nick welcomes Elizabeth Wilks-Wood.Elizabeth is a barrister by training, who started her legal career as a regulator, in the Office of Telecommunications and the European Commission. She has over 20 years' in house experience of advising companies in the UK and internationally, including at Digicel, du and Royal Mail. Elizabeth is passionate about making compliance simple, and empowering all to make ethical decisions every day. In 2017, her team in Royal Mail was awarded “In House Compliance Team of the Year” by Women in Compliance. In 2018, as compliance lead for the Ritz Hotel Casino, the company was awarded “Socially Responsible Operator of the Year”, for their innovative work with a clinician and economist, to proactively identify those who may develop problematic play. She joined Carlsberg in 2019, and during her tenure her team worked to embed and enhance compliance in over 100 markets, many of which are high risk. Elizabeth is a lifelong learner. She has master's degrees in international business law, economics and a distinction in the psychology of behaviour change.Connect with Elizabeth on LinkedIn: https://uk.linkedin.com/in/elizabeth-wilks-wood-46b0b448
How can we turn great ideas into lasting social impact? In this episode of the OECD Podcast, Shayne MacLachlan speaks with Jeroen Jutte, Head of the European Social Fund Coordination Unit at the European Commission. They explore how the EU is using its flagship funding instrument to support and scale social innovation—from pilot projects in disadvantaged communities to multi-country initiatives reaching millions. With funding of over €2 billion dedicated to social innovation, the ESF+ offers a powerful model for using public investment to solve social challenges. Tune in to learn how Europe is taking ideas from the ground and turning them into lasting change. To learn more on ESF+: https://european-social-fund-plus.ec.europa.eu/en https://european-social-fund-plus.ec.europa.eu/en/social-innovation Discover the Local Development Forum: https://www.oecd.org/en/networks/oecd-local-development-forum.html Read the report Starting, Scaling and Sustaining Social Innovation: Evidence and Impact of the European Social Fund: https://www.oecd.org/en/publications/starting-scaling-and-sustaining-social-innovation_ec1dfb67-en.html Host: Shayne MacLachlan, Public Affairs and Communications Manager at the OECD Centre for Entrepreneurship, SMEs, Regions and Cities Guest: Jeroen Jutte leads the European Social Fund Plus coordination unit in the Employment, Social Affairs and Inclusion DG of the European Commission. He has also led units dealing with Romania/Bulgaria, the European Semester (EU economic governance), and one dealing with budget discharge as well as relations with the European Court of Auditors. Mr. Jutte is a macro economist by training. To learn more about the OECD, our global reach, and how to join us, go to www.oecd.org/en/about.html To keep up with latest at the OECD, visit www.oecd.org/ Get the latest OECD content delivered directly to your inbox! Subscribe to our newsletters: www.oecd.org/en/about/newsletters.html
This Day in Legal History: Newlands ResolutionOn July 7, 1898, President William McKinley signed the Newlands Resolution, formally annexing the Hawaiian Islands into the United States. Unlike traditional territorial expansion through treaties, this annexation occurred via a joint resolution of Congress—an unusual and legally contested mechanism. The resolution was named after Representative Francis Newlands of Nevada and passed by a narrow margin, reflecting deep divisions over imperialism, expansion, and national identity. Supporters argued that annexing Hawaii would bolster American strategic and economic interests, particularly as the U.S. was engaged in the Spanish-American War and needed a naval base in the Pacific.The legality of annexation by joint resolution, as opposed to treaty ratification requiring a two-thirds Senate majority, sparked constitutional debate. Critics contended that this method sidestepped constitutional checks and amounted to imperial overreach. Native Hawaiians had overwhelmingly opposed annexation, as demonstrated in the Kūʻē Petitions signed by over 20,000 islanders. The resolution disregarded this opposition, cementing a colonial dynamic that would echo in future U.S. territorial acquisitions.The annexation also laid the groundwork for the eventual formation of the Territory of Hawaii in 1900 and its statehood in 1959, though not without continued controversy and calls for sovereignty. Legally, the Newlands Resolution exemplified the flexibility—and limits—of congressional authority in foreign affairs and territorial governance. It also introduced enduring questions about consent, self-determination, and the legitimacy of U.S. expansionism under constitutional law.This event highlights how domestic legal processes were used to justify international actions, revealing tensions between democratic ideals and imperial ambitions.A rare trial is beginning in Boston over a lawsuit challenging the Trump administration's policy of deporting international students and faculty involved in pro-Palestinian activism. The case was brought by academic groups including the American Association of University Professors and the Middle East Studies Association. It centers on actions taken after Trump signed executive orders targeting non-citizens with so-called "hateful ideology" and promising to fight antisemitism. Plaintiffs allege that these directives led the State and Homeland Security Departments to revoke visas and detain students like Columbia graduate Mahmoud Khalil and Tufts student Rumeysa Ozturk, both of whom were targeted after expressing pro-Palestinian views.Unlike most Trump-era immigration cases, this one is proceeding to a full trial rather than being decided early by a judge. U.S. District Judge William Young emphasized that a trial is the best path to uncover the truth. Plaintiffs argue the policy violates the First Amendment, accusing the administration of suppressing political dissent on college campuses. The administration denies a deportation policy exists, claiming decisions are made based on security concerns, not ideology. Homeland Security officials insist the U.S. won't tolerate advocacy that they perceive as violent or anti-American.The trial outcome could shape how immigration authorities interpret and apply free speech protections to non-citizens in academic settings. It's only the second Trump-era policy case to reach trial under Judge Young, who has publicly criticized the judiciary for avoiding fact-finding through trials.Rare trial to begin in challenge to Trump-backed deportations of pro-Palestinian campus activists | ReutersApple has formally appealed a €500 million ($587 million) fine imposed by the European Commission for allegedly violating the Digital Markets Act (DMA). The Commission found that Apple restricted app developers from directing users to more affordable options outside its App Store, which regulators said limited competition and consumer choice. Apple filed its lawsuit at Europe's second-highest court on the last day allowed for appeal, arguing that the fine is excessive and that the EU is overreaching by trying to dictate how it operates its App Store.The company claims it altered its policies to comply with the DMA and to avoid further daily fines, which could amount to €50 million per day. Apple also contends that the Commission's demands are both confusing for developers and harmful to users. Despite the changes, EU regulators are still reviewing the company's new terms and have solicited feedback from app developers before deciding if additional enforcement is needed.The case is part of broader efforts by the EU to rein in the influence of major tech companies and ensure fair digital market practices under the newly implemented DMA.Apple takes fight against $587 million EU antitrust fine to court | ReutersMaryland Legal Aid (MDLA), a critical legal support system for low-income individuals, especially women and domestic violence survivors, is facing a potential funding crisis due to the Trump administration's 2026 budget proposal. The proposal includes $21 million to close out the Legal Services Corporation (LSC), which provides federal funding to 130 nonprofit legal aid programs across the country, including MDLA. This move would eliminate a key source of support for clients like a Moroccan immigrant mother in Baltimore, who received urgent legal help from MDLA while still hospitalized from domestic abuse.LSC-funded services assist people earning at or below 125% of the federal poverty line, a group that includes a significant portion of Baltimore residents, where one in five people live in poverty. MDLA, the largest legal aid provider in the state, operates 12 offices and assists hundreds of clients each week with issues like eviction defense, expungement, and protection from abuse. Despite receiving only 14% of its funding from LSC, losing this support would result in fewer clients being served at a time when demand is growing.Staff at MDLA describe their work as essential, often likening their intake offices to emergency rooms. Without legal aid, tenants and abuse victims often face court alone, without understanding their rights. Advocates say that legal aid services prevent homelessness, violence, and broader social harm. While similar efforts to cut LSC funding have failed in the past, the current budget process will determine if the latest proposal gains traction.Legal Aid That Helped Abuse Victim Threatened with Trump Cuts This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
In today's episode, we'll explore a newly developed draft document—Empowering Learners for the Age of AI: An AI Literacy Framework for Primary and Secondary Education—from the European Commission and the Organization for Economic Cooperation and Development, with support from Code.org and other leading international experts. Visit AVID Open Access to learn more.
Millionaires are not fleeing countries to escape taxes. The Tax Justice Network has analysed these claims and found it's questionable data published by a firm that helps the super-rich buy their way out of rules that apply to everybody else. In fact, things are changing for people in the business of helping to sell passports and residency. Some doors are closing... Plus, we look at the latest results from the Financial Secrecy Index - what are the latest global trends and have you heard of an anocracy?! Transcript of the show: https://podcasts.taxjustice.net/wp-content/uploads/2025/06/June-2025-Taxcast-script_-millionaire-exodus-myth.pdf Further reading: Millionaire exodus did not occur, study reveals, Tax Justice Network https://taxjustice.net/press/millionaire-exodus-did-not-occur-study-reveals/ Millionaire “exodus” claim backtracked but media re-run story anyway, Tax Justice Network https://taxjustice.net/press/millionaire-exodus-claim-backtracked-but-media-re-run-story-anyway/ The ‘Millionaire Exodus' the UK Media Told You About Never Actually Happened, Byline Times https://bylinetimes.com/2025/06/10/the-millionaire-exodus-the-uk-media-told-you-about-never-actually-happened/ Citizenship must not be up for sale, speech by the Vice-President of the European Commission, EU Justice Commissioner https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_14_18 EU Court Rules Malta's Golden Passport Program is Illegal, OCCRP https://www.occrp.org/en/news/eu-court-rules-maltas-golden-passport-program-is-illegal Influencer Andrew Tate got Vanuatu Passport Around Time of Arrest on Rape Charges https://www.occrp.org/en/news/exclusive-alleged-rapist-influencer-andrew-tate-got-vanuatu-passport-around-time-of-2022-arrest Vanuatu: Council of the EU ends visa exemption https://www.consilium.europa.eu/en/press/press-releases/2024/12/12/vanuatu-council-ends-visa-exemption/ Logged Pushbacks to Libya from Malta's SAR Zone Triple Since 2020, Over 5,000 People Forced Back https://www.amphora.media/2025/06/logged-pushbacks-to-libya-from-maltas-sar-zone-triple-since-2020-over-5000-people-forced-back Malta Migration Archive https://maltamigrationarchive.org/ Times of Malta Editorial: A shameful abdication of duty https://timesofmalta.com/article/editorial-a-shameful-abdication-duty.1107005 £160 billion could have been raised for the UK's public finances over the past three decades if UK tax residents on the annual rich lists had been asked to pay a two per cent wealth tax on their assets over £10 million - equivalent to the cost of building 80 new hospitals in that period. (Patriotic Millionaires UK) https://patrioticmillionaires.uk/latest-news/special-report-on-the-sunday-times-rich-list-the-missing-billions?mc_cid=2f5977ff81 Family statement: Robert Agius and Jamie Vella sentenced. Despite her murderers' attempts to silence her, Daphne's legacy endures. (Daphne Caruana Galizia Foundation) https://www.daphne.foundation/en/2025/06/10/sentence-complicity Vanuatu, Financial Secrecy Index country profile, Tax Justice Network https://fsi.taxjustice.net/country-detail/#jurisdiction_id=VU&scoring_id=268 Reporting from the Passport Papers, Daphne Caruana Galizia Foundation https://www.daphne.foundation/passport-papers/ Passport Papers: Henley and Partners' leaked documents show most applicants are from countries where dual citizenship is not permitted https://theshiftnews.com/2021/04/22/passport-papers-henley-and-partners-leaked-documents-show-most-applicants-are-from-countries-where-dual-citizenship-is-not-permitted/ The Passport King who Markets Citizenship for Cash, a Daphne Project investigation, OCCRP https://www.occrp.org/en/project/the-daphne-project/the-passport-king-who-markets-citizenship-for-cash Why rich foreigners may not rush to buy Trump's $5 million 'gold card' visas, Business Insider https://www.businessinsider.com/trump-gold-card-visa-demand-rich-immigrants-green-card-lutnick-2025-5 The Taxcast website with all the Tax Justice Network podcasts in five different languages are available at https://podcasts.taxjustice.net/
In this week's episode of Energy Transition Today, the team breaks down the salient points of the UK's spending review and the related 10-year infrastructure strategy.Most notably, the proposal to expand the remit of the Clean Industry Bonus to subsidise onshore wind and hydrogen.Across the Channel, the French far-right has introduced a poison pill to an infrastructure bill that threatens to halt all renewable energy projects.On the news front, we go over Apollo's nuclear investment, Aries' Plenitude acquisition, Startkraft's reduced renewables mandate and SDCL's share price woes.We rounded off the discussion with the European Commission's proposal for an AI gigafactory PPP proposal and its progress in Germany.Hosted by:Maya Chavvakula – Head of NewsMathilde Dorbessan – Junior ReporterAishwarya Harsure – AnalystSend us a textReach out to us at: podcasts@inspiratia.comFind all of our latest news and analysis by subscribing to inspiratiaListen to all our episodes on Apple Podcasts, Spotify, and other providers. Music credit: NDA/Show You instrumental/Tribe of Noise©2025 inspiratia. All rights reserved.This content is protected by copyright. Please respect the author's rights and do not copy or reproduce it without permission.
In its 2019 Green Deal, the EU emphasised the importance of domestic electric vehicle (EV) battery production to achieve the energy transition while fostering a competitive and sustainable battery value chain. The goal is to scale up domestic EV battery production and establish a fully integrated value chain within the EU. While significant progress has been made, the reality today shows that the EU is still far from fully achieving these objectives.The 2024 Draghi Report, along with the European Commission's newly introduced Competitiveness Compass for the EU, highlights key challenges facing Europe's sustainable growth and global competitiveness. These include slower productivity growth compared to other regions and the disruptive impact of emerging technologies. The report identifies three key areas for action: closing the innovation gap, advancing a competitive decarbonisation strategy, and enhancing security by reducing external dependencies.Listen to this Euractiv Hybrid Conference to explore the challenges facing the EU's battery raw materials industry. Questions to be addressed include:- What is the current state of industries supplying critical raw materials, such as cobalt, lithium, and nickel, for the EV battery value chain?- Does the European Commission's Competitiveness Compass effectively address the industry's concerns? Where do the major challenges lie?- What actions are needed to build a robust and resilient EU battery raw materials industry?- What measures can be taken to ensure sustainable domestic raw material production and recycling while expanding capacities to meet growing demand?
Europe's bioeconomy transforms renewable resources—such as agricultural products, forests, seas, residues, and waste—into food, feed, materials, and energy.The European Commission is preparing a new Bioeconomy Strategy, set for adoption by the end of 2025, to boost innovation and strengthen Europe's bioeconomy. The strategy is expected to outline measures that will help bring bioeconomy innovations to market, creating new opportunities for green jobs and sustainable economic development.A key focus of the strategy will be enhancing circularity and sustainability while supporting the EU's broader decarbonisation efforts. It will establish the necessary framework conditions to support bioeconomy startups, entrepreneurs, and new business models, ensuring they can thrive in a competitive market.By aligning with major EU initiatives such as the Competitiveness Compass and the Clean Industrial Deal, the strategy will harness the potential of the bioeconomy to support European businesses and advance the EU's environmental, climate, and competitiveness goals.Listen to this Euractiv Hybrid Conference to discuss the upcoming Bioeconomy Strategy, its potential to drive sustainable economic growth, support innovation, and strengthen Europe's green transition. Some questions to discuss include:- What policy measures are needed to accelerate bioeconomy innovation?- How can the strategy help businesses scale up and compete globally?- What gaps and challenges should be addressed to unlock the full potential of Europe's bioeconomy?
In this episode from 2013, we look at whether spite pays — and if it even exists. SOURCES:Benedikt Herrmann, research officer at the European Commission.Steve Levitt, co-author of Freakonomics and host of People I (Mostly) Admire.Dave O'Connor, president of Times Studios.Lisi Oliver, professor of English at Louisiana State University.E.O. Wilson, naturalist and university research professor emeritus at Harvard University. RESOURCES:You Don't Know Bo: The Legend of Bo Jackson, documentary (2012)."Amputation of the nose throughout history," by G. Sperati (ACTA Otorhinolaryngologica Italica, 2009)."The Appearance of Homo Rivalis: Social Preferences and the Nature of Rent Seeking," by Benedikt Herrmann and Henrik Orzen (Center for Decision Research and Experimental Economics, 2008). EXTRAS:"What It's Like to Be Middle-Aged (in the Middle Ages)," by Freakonomics Radio (2025).
After a year of announcements, wait, anticipation and an investigation by the European Commission, Liberty Media were finally given the green light to complete their majority purchase of Dorna Sports, the commercial rights holders of MotoGP, for $4.2 billion. On this week's episode of Tank Slappers, Dre Harrison, Richard Asher and Uri Puigdemont break down the move and what they hope will be the key areas that Liberty focuses on in order to grow the sport, such as revenue sharing, marketing improvements, and getting people to care about the riders, like F1 has with "Drive to Survive". All the action from the past weekend's Italian Grand Prix is also reviewed, with Marc Marquez taking control early on and never looking back enroute to his fifth win of 2025, and his first at Mugello since 2014. With Alex Marquez second again and Pecco Bagnaia off the podium, is the title battle already over? There's also a discussion in regards to whether Alex Marquez is racing his brother differently to others, and the struggles that Bagnaia has faced in Ducati. And finally, Franco Morbidelli was in the spotlight for causing a nasty crash with Maverick Vinales that led to the Italian taking a Long Lap Penalty. But is the current system in place not harsh enough for ending another riders race?
In this episode of the Mobile Dev Memo podcast, I speak with returning guest Mikołaj Barczentewicz on the current state of DMA enforcement, including the recently-released text of the European Commission's April decision on Meta's Pay or Okay business model. Mikołaj returns to the podcast for his fourth appearance — he's a professor of law at the University of Surrey and holds a PhD in Law from the University of Oxford. He also regularly publishes insightful commentary on the EU regulatory landscape on his blog, EU Tech Reg.Among other things, we episode covers:An overview of the EC's April decision related to Meta's Pay or Okay model;What the EC says about the economic impact of DMA enforcement with its decision; The changes that Meta made to its business model in the EU after the EC and EDPB published their preliminary guidance on its Pay-or-Okay model; How this decision impacts other so-called gatekeepers; The knock-on economic implications of this decision;The latest developments in EU AI regulation.Thanks to the sponsors of this week's episode of the Mobile Dev Memo podcast:INCRMNTAL. True attribution measures incrementality, always on.Clarisights. Marketing analytics that makes it easy to get answers, iterate fast, and show the impact of your work. Go to clarisights.com/demo to try it out for free.Interested in sponsoring the Mobile Dev Memo podcast? Contact Marketecture.
The European Commission launched its AI Continent Action Plan, signaling a commitment to a more proactive role in the global AI ecosystem.Join Cornell's Lutz Finger and Lucilla Sioli, Director of the European Commission's AI Office, as they explore the EU's bold and optimistic vision of becoming the “AI Continent.”From cutting-edge AI factories and gigafactories to trusted data spaces and talent development, this Keynote highlights how Europe is building a uniquely powerful AI ecosystem rooted in collaboration, excellence, and democratic values. Follow eCornell on Facebook, Instagram, LinkedIn, TikTok, and X.
The European Commission announced it intends to withdraw the Green Claims Directive, a law proposed to stop companies from falsely marketing themselves or their products as environmentally friendly, unless those claims are backed by solid evidence. This directive had already made it through several rounds of negotiations between the European Parliament and national governments and it was close to being finalised. So, how did we get here and who is pushing the Commission to withdraw it?Join us on our journey through the events that shape the European continent and the European Union.Production: By Europod, in co production with Sphera Network.Follow us on:LinkedInInstagram Hosted on Acast. See acast.com/privacy for more information.
Plus: U.S. considers ending some export waivers for U.S. technology in China. And, the European Commission scrutinizes Elon Musk's X after xAI's acquisition. Victoria Craig hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
This Day in Legal History: Atkins v. VirginiaOn June 20, 2002, the U.S. Supreme Court delivered a landmark ruling in Atkins v. Virginia, holding that the execution of individuals with intellectual disabilities violates the Eighth Amendment's prohibition on cruel and unusual punishment. The case centered on Daryl Renard Atkins, who was convicted of abduction, armed robbery, and capital murder in Virginia. During the penalty phase of his trial, defense attorneys presented evidence that Atkins had an IQ of 59 and functioned at the level of a child. Despite this, he was sentenced to death.In a 6-3 decision, the Court reversed its earlier stance from Penry v. Lynaugh (1989), which had allowed such executions. Justice John Paul Stevens, writing for the majority, emphasized the "evolving standards of decency" in American society, noting that a growing number of states had barred the death penalty for individuals with intellectual disabilities. The Court recognized that such defendants are at a heightened risk of wrongful execution due to difficulties in assisting their own defense and the possibility of false confessions.The decision did not establish a national standard for determining intellectual disability, leaving that to the states, but it set a constitutional floor by barring executions in these cases outright. Atkins significantly reshaped the legal landscape of capital punishment, prompting states to revise death penalty statutes and sentencing procedures.The ruling reinforced the importance of individualized sentencing and safeguarded vulnerable populations from the most severe penalties. It also underscored the role of psychological and scientific evidence in constitutional interpretation. While not without criticism, Atkins remains a cornerstone of Eighth Amendment jurisprudence and a key moment in the Court's ongoing reevaluation of capital punishment.Technology giants Apple and Meta are currently facing possible penalties under the EU's Digital Markets Act (DMA), but the European Commission has decided not to immediately fine them—even if they don't fully comply by the deadline next week.In April, both companies were fined—€500 million for Apple and €200 million for Meta—and given 60 days (ending 26 June) to align their practices with DMA requirements. Apple was penalized for preventing app developers from directing users to alternatives outside its platform, infringing DMA fairness rules. Meta was fined for its “pay or consent” system, which required users to either pay for an ad-free experience or agree to extensive personal data use; the Commission saw this as limiting user choice.Since November 2024, Meta has offered a new, lower-data personalized advertising model, which remains under Commission review. The current situation involves ongoing dialogue: any future fines will depend on the outcome of that review and will be imposed only after detailed assessments, rather than automatically once the deadline passed.These April fines were deliberately modest—reflecting the short duration of non-compliance and signaling the EU's priority on achieving compliance over punishment, marking a softer approach compared to previous, harsher antitrust actions. The situation also plays into broader economic tensions: EU leaders have threatened digital advertising taxes in response to recent US tariffs, while a US trade report criticized EU digital regulation as a trade barrier.Tech giants Apple and Meta to escape sanctions for failing to meet EU digital rules | EuronewsA U.S. appeals court has temporarily allowed Donald Trump to retain control over California's National Guard, despite a legal challenge from California Governor Gavin Newsom. The decision from the 9th U.S. Circuit Court of Appeals pauses an earlier ruling by Judge Charles Breyer, who found Trump had unlawfully federalized the Guard without meeting statutory requirements or adequately coordinating with Newsom.The court stated Trump likely acted within his authority and that even if coordination with the governor was insufficient, Newsom lacked the power to override a presidential order. Still, the court left open the possibility of further challenges under laws barring federal troops from engaging in domestic law enforcement. Newsom plans to pursue his challenge, arguing Trump is misusing military force against civilians.The case stems from Trump's deployment of 4,000 National Guard troops and 700 U.S. Marines to Los Angeles earlier in June to suppress protests tied to his immigration policies—actions Newsom said infringed on state sovereignty and legal limits on military involvement in civilian matters. The Trump administration argued troops are protecting federal property, not performing law enforcement.During a hearing, the appellate judges examined whether courts can assess a president's decision to federalize troops under a law allowing such moves only during invasion, rebellion, or when civilian enforcement fails. The court found the last condition may have applied, given protest-related violence. However, it rejected the Justice Department's claim that such presidential decisions are beyond judicial review.The Insurrection Act and related federalization authority are central to this case. The Act allows a president to take control of a state's National Guard in limited situations—such as rebellion or when laws can't be enforced by normal means. This case illustrates both the expansive view of executive power and the judiciary's role in checking it, even amid claims of national emergency.US court lets Trump keep control of California National Guard for nowPresident Trump has once again extended the deadline for TikTok to be sold to a U.S. owner, granting a third 90-day reprieve through an executive order despite lacking a clear legal basis for the extensions. The move allows TikTok to continue operating in the U.S. while negotiations persist to transfer ownership from China-based ByteDance to an American entity. The previous extension fell through when China withdrew from talks following Trump's new tariffs.This delay has not yet faced a court challenge, even though the original ban—passed by Congress and upheld by the Supreme Court—briefly took effect in January. Trump's personal popularity on the platform, where he has more than 15 million followers, adds a political twist to the ongoing negotiations. TikTok praised the decision and emphasized its importance to 170 million users and 7.5 million U.S. businesses.Despite concerns from national security officials and lawmakers like Senator Mark Warner, who accuse the administration of ignoring known risks, the repeated extensions suggest a softening of resolve. Analysts describe the situation as a recurring political maneuver with no clear endpoint—likening it to the endless debates over the debt ceiling.Meanwhile, TikTok continues to roll out new features and expand its services, including AI tools debuted in Cannes, signaling confidence in its long-term U.S. presence. Tech giants Apple, Google, and Oracle remain engaged with TikTok, reassured that the administration won't penalize them under current law.Public opinion has shifted, with fewer Americans now supporting a ban compared to 2023. Concerns remain over data privacy, but many citizens are unsure or opposed to banning the app outright.Trump extends TikTok ban deadline for a third time, without clear legal basisThis week's closing theme is by Johann Sebastian Bach. Johann Sebastian Bach, one of the most influential composers in Western music history, composed the Goldberg Variations, BWV 988, in 1741. Originally written for harpsichord, the work consists of an aria followed by 30 variations, returning to the aria at the end in a da capo structure. It was likely commissioned by Count Hermann Karl von Keyserlingk, a Russian diplomat suffering from insomnia, who wanted music to soothe his sleepless nights—though this origin story is debated.The aria, which opens and closes the piece, is a gentle, sarabande-like melody in G major. Unlike other variation sets built on melodies, Bach bases the Goldberg Variations on the aria's bass line and harmonic structure. This allows for extraordinary variety in texture, form, and mood across the variations, while keeping a consistent foundation.The aria itself is simple and elegant, consisting of two balanced halves, each repeated. Its serene tone contrasts with the technical brilliance and contrapuntal complexity found in many of the following variations. Yet, the aria's emotional restraint and clarity set the tone for the entire cycle.Over the centuries, the Goldberg Variations have come to be seen as a pinnacle of keyboard composition. The aria, both opening and closing the work, serves as a kind of spiritual bookend—calm, contemplative, and timeless. Performers often approach it with reverence, as a moment of stillness and symmetry amid musical adventure.Without further ado, Johann Sebastian Bach's Goldberg Variations, BMV 988 – the aria. Enjoy! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
An investigation into the president-elect, the European Commission suing Poland, the evacuation of Poles from Israel, the resignation of the Deputy Agriculture Minister, a Russian spy plane, and much more!Thanks for tuning in!Let us know what you think and what we can improve on by emailing us at info@rorshok.com. You can also contact us on Twitter & Instagram @rorshokpoland Like what you hear? Subscribe, share, and tell your buds.Rorshok Ocean Update Job Description: https://rorshok.com/updates/ocean/writer/We want to get to know you! Please fill in this mini-survey: https://forms.gle/NV3h5jN13cRDp2r66Wanna avoid ads and help us financially? Follow the link: https://bit.ly/rorshok-donate
Médecins Sans Frontières/Doctors Without Borders has sent an open letter to EU leaders and the European Commission urging them to act decisively with regard to Israel in order to lift the siege of Gaza. Christopher Lockyear, the Secretary General of MSF Gaza joined Sarah.
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based Kellanova, the snack company spinoff of Kellogg’s, faces an anti-trust investigation in the European Union. The European Commission, which acts as a watchdog for the 27-country bloc, is concerned about the $36 billion bid by Mars to acquire Kellanova. The […]
Jaya Brekke is a strategist, researcher, and blockchain expert, mixing cryptography with political groove. She's advised the European Commission, led projects on decentralized tech and digital privacy, and now, as Chief Strategy Officer at Nym Technologies, she's crafting tools to counter digital surveillance.In this conversation, Francesca Pick and Jaya cover lots of ground: from discussing societal implications of new technologies and reflecting on the original promises of the blockchain space in supporting societal change--all the way to the personal, reflecting on Jaya's journey as a leader in a tech startup while staying true to her anarchist roots.
The European Commission has put forward a series of proposals designed to simplify European Union sustainability rules and boost the region's competitiveness. As a result, application dates for EU due diligence and sustainability reporting requirements have been delayed by two years. Other proposals such as reducing the frequency of reporting and narrowing the scope of supply chains are still subject to trilogue negotiation. In the first of two Over the Counter episodes, CEN Group director Jasper Crone returns to the podcast to explain what might change, where he thinks this is all coming from and why companies should consider getting ready for new sustainability reporting rules even if they are no longer directly affected. Timestamps: 2:00 – Introductions 4:30 – EU sustainability reporting regulation recap 7:20 – Omnibus simplification package 12:00 – Simplification, or confusion? 19:00 – Where's this all coming from? 23:30 – Why sustainability reporting is still good for business 25:40 – What's all this got to do with competitiveness? Guest Bio: Jasper Crone is a Director at CEN-ESG, a corporate sustainability consultancy which helps businesses maximise their corporate sustainability potential, improving performance and ESG disclosure. Crone leads on several client teams, covering the implementation of internal controls and sustainability data, setting sustainability and net zero targets and developing programmes for implementation and operationalisation of objectives. He is experienced in sustainability reporting and the CEN-ESG assists clients with all aspects of sustainability reporting, whether regulatory, investor or customer driven. He brings a range of skills from 20 years of experience in the financial markets, in both the investment banking and investment management industries. He has a BSc in Biology from University of Bristol and is a CFA charter holder. You can contact Jasper via email: jasper@cen-esg.com
In Europe, the digital regulatory landscape is in flux. Over the past few years, the EU has positioned itself as a global leader in tech regulation, rolling out landmark laws like the AI Act. But now, as the much-anticipated AI Act approaches implementation, the path forward is looking anything but smooth. Reports suggest the European Commission is considering a delay to the AI Act's rollout due to mounting pressure from industry, difficulties in finalizing technical standards, and geopolitical tensions—including pushback from the US government. At the same time, a broader movement for Europe to reduce its dependence on Amercian tech is gaining momentum: What does this push for digital sovereignty actually mean? To help us unpack all of this, Tech Policy Press associate editor Ramsha Jahangir spoke to Kai Zenner, Head of Office and Digital Policy Advisor to German MEP Axel Voss, and one of the more influential voices shaping the future of EU digital policy.
This week in the Middle East, Israel carried out unilateral strikes against Iran's nuclear facilities and killed top Iranian military officials, leading to Iranian retaliation with drone strikes against Israel. In the Indo-Pacific, the U.S. and China both confirmed they reached a trade deal framework involving a resumption of rare earth elements exports and a reduction in tariffs, while newly elected South Korean President Lee Jae-myung conducted diplomatic outreach to the U.S. and China. In Ukraine, Russia launched some of the most extensive missile and drone strikes against Ukrainian cities since the start of the war, while the European Commission proposed a new round of sanctions against Moscow. In the U.S., the National Guard and Marines were deployed to Los Angeles amid ongoing protests over an immigration crackdown. Read the full Weekly Forecast Monitor here: https://newlinesinstitute.org/forecast/week-202506013/ Marxist Arrow by Twin Musicom is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
R&D initiatives underscore companies' commitment to co-developing new cooling, power, building management and control systems for digital and physical AI data centres Partnership will underpin Europe's AI infrastructure ambitions, aligning with the EU Commission's 'AI Continent Action Plan' and its 'InvestAI' initiative Schneider Electric, the leader in the digital transformation of energy management and automation, today announced it is collaborating with NVIDIA to serve the growing demand for sustainable, AI-ready infrastructure. Together, Schneider Electric and NVIDIA are advancing research and development (R&D) initiatives for power, cooling, controls, and high-density rack systems to enable the next generation of AI factories across Europe and beyond. Schneider Electric AI Factories With NVIDIA This unique global partnership, announced during NVIDIA GTC Paris, brings together the world leaders in sustainability and accelerated computing to support the European Union's AI infrastructure ambitions and its "InvestAI" initiative, which plans to mobilize a €200 billion investment in AI. Leveraging its expertise in AI-ready infrastructure, sustainability, and grid coordination, Schneider Electric and NVIDIA are together responding to the European Commission's "AI Continent Action Plan," which outlines a shared mission to set up at least 13 AI factories across Europe, while establishing up to five AI gigafactories. "Schneider Electric and NVIDIA are not just partners - our teams are driving advanced R&D, co-developing the infrastructure needed to power the next wave of AI factories globally," said Olivier Blum, CEO of Schneider Electric. "Together, we've seen tremendous success in deploying next-generation power and liquid cooling solutions, purpose-built for AI data centres. This strategic partnership - bringing together the world leaders in sustainability and accelerated computing - allows us to further accelerate this momentum, pushing the boundaries of what's possible for the AI workloads of tomorrow." "AI is the defining technology of our time - the most transformative force reshaping our world," said Jensen Huang, founder and CEO, NVIDIA. "Together with Schneider Electric, we are building AI factories: the essential infrastructure that brings AI to every company, industry, and society." Announces New NVIDIA-Enabled Infrastructure Solutions In support of today's announcement, Schneider Electric has also unveiled a suite of new AI-ready data centre solutions, including new EcoStruxure Pod and Rack Infrastructure. Designed to accelerate AI developments globally, the Prefabricated Modular EcoStruxure Pod Data Centre is a scalable, pod-based architecture, enabling rapid AI data centre deployment. As part of this, a new Schneider Electric Open Compute Project (OCP) inspired rack system has also been developed to support the NVIDIA GB200 NVL72 platform that uses the NVIDIA MGX modular architecture, integrating Schneider Electric into NVIDIA HGX and MGX ecosystems for the first time. These new announcements build on a series of milestones shared by the two global leaders earlier this year, including Schneider Electric and ETAP unveiling the world's first digital twin for electrical and large-scale power systems in AI factories using the NVIDIA Omniverse Blueprint. Together, Schneider Electric and NVIDIA have also co-developed a series of full electrical and liquid cooling-based reference designs as an approved CDU vendor for NVIDIA - many of which also include solutions from Motivair's liquid cooling portfolio, following its acquisition by Schneider Electric in March 2025. Through this expanded and deepened strategic partnership, Schneider Electric and NVIDIA will continue to accelerate their infrastructure initiatives, fast-tracking new product rollouts and reference designs to build the AI factories of the future. About Schneider Electric Schneider's purpose is to create Impact by empowering all to make the most of our energy...
Duchenne Muscular Dystrophy, or DMD as it is commonly known, is a progressive neuromuscular disease that causes the weakening of muscles over time.It affects almost exclusively boys, with symptoms typically appearing between the ages of one and three. In Ireland today, around 110 people are known to be living with DMD. Most of them are under the age of 18.Fianna Fáil Senator Teresa Costello has called on the European Commission, HSE and Minister of Health to regulate the drug Givinostat here for children with DMD.Joining Kieran to discuss is Senator Teresa Costello, as well as Úna and Eilish, both parents of children who suffer from Muscular Dystrophy.
The European Commission rolls out tough new sanctions on Russia targeting energy, infrastructure and banks. Is it enough to pressure Moscow to end its war in Ukraine?See omnystudio.com/listener for privacy information.
Lots of response to our OF video. Our promo banned on TikTok. We got reported to the European Commission. Jordan sees Neil DeGrasse Tyson. Switch 2 release day. Fake video game ads. Singing Zombie Killer clips. History of Pepsi video takes a turn. Celebrity deaths. VIDEO EPISODE on YOUTUBE www.youtube.com/@itseriknagel AUDIO EPISODE: IHeartRadio | Apple | Spotify Socials: @itseriknagel
Europe's defense industrial base stands at a critical inflection point. Military experts warn we have just three to five years to strengthen Europe's defense capabilities before facing potentially devastating security challenges.I talked about these trends and the European response with Kitron Group's President and CEO, Peter Nilsson and Managing Director of Kitron AS, Hans Petter Thomassen, who participated in the “Implementation Dialogue on EU Defence” with Commissioner Andrius Kubilius, held in Brussels recently.The European Commission recognizes this urgency. They've initiated an "omnibus" bill aimed at helping defense manufacturers ramp up production quickly, bringing together industry leaders from major prime contractors to innovative startups developing cutting-edge battlefield technologies. But the challenges are enormous.Most electronics components, semiconductors, and specialized materials used in European defense systems come from outside the continent. While stockpiling strategic materials for several years provides a short-term solution, the long-term challenge of rebuilding secure supply chains remains daunting. For specialized materials like munitions chemicals, new production facilities require five years just for permitting and environmental studies.Regional responses vary dramatically across Europe. Countries feeling immediate threat – the Nordics, Baltics, Poland, and Germany – are leading with bold procurement initiatives and defense budgets approaching 5% of GDP. These long-term commitments provide the certainty manufacturers need for major capacity investments.Perhaps most exciting is the rise of defense technology startups across Eastern Europe. From drone innovations to laser targeting systems, these companies bring battlefield-ready solutions developed with real-world urgency. As one Ukrainian defense official emphasized: "A system you can provide me two years from now has zero interest – I need something for tomorrow."The war in Ukraine accelerates these trends, serving as both catalyst for action and testing ground for technologies. Defense donation programs deliver immediate battlefield feedback on new systems, strengthening the innovation cycle.Want to explore how these defense industry transformations might affect your business? Join us at the upcoming IPC defense event in Brussels on June 10th, where industry leaders will be tackling these critical challenges head-on.MADE IN EUROPE is an IPC Podcast, produced by SCOOPEMS@C-Level is sponsored by global inspection leaders Koh Young (https://www.kohyoung.com) and Creative Electron (https://creativeelectron.com) You can see video versions of all of the EMS@C-Level pods on our YouTube playlist.
Throw those horns up high, it's time to rock out.And who better to be leading the ferocious charge this week than former co-host Craig Fitzpatrick, as he returns to school Dave Hanratty and Sonic Architect Adam Shanahan in the finest, most commercially palatable metal songs to ever be released.And if that's simply not enough NO ENCORE for you, over on our Patreon feed you can find our latest Film Club episode where Dave and Andy carefully place Damien Chazelle's box office bomb Babylon under their proverbial microscope. Bonfire of the vanities or overlooked secret masterpiece? Sign up now to hear the boys attempt to make sense of it all. Next up on the Patreon feed this coming Monday, Adam will be chatting about the current state of the Irish music industry as Album Club takes a well-deserved break. Tune in for interviews with industry professionals across a number of disciplines to hear what the feeling is on the ground, what their hopes are for the future and what could be improved.You can sign up to the NO ENCORE Patreon now for a full year and get a whole month free, so get amongst it!But for now, it's time to dust off that Slayer t-shirt that never quite did fit right...ACT ONE (5:25): It's been a whole five years since David Guetta ended racism forever, Thom Yorke finally breaks his silence on the Israeli-Palestinian conflict, Swedish House Mafia collab with AI to make their way into an Irish MEP's letter to the European Commission, the Bono Box bursts open once more as he sits down with Joe Rogan for a three-hour epic, Pusha T slams Kanye, Haim address their place in the 'rock community', Fyre Festival is back yet again, and we pay tribute to Simpsons composer Alf Clausen in the wake of his passing – it's the news.ACT TWO (56:39): Top 5 Metal for the Masses.-Follow Craig Fitzpatrick on Instagram / XListen to Craig's metal playlist Hosted on Acast. See acast.com/privacy for more information.
Apple's rollout of artificial intelligence services in China with Alibaba is being held up, Wells Fargo faces an uphill battle to catch up with its rivals after asset cap was lifted, and US President Donald Trump says Russian President Vladimir Putin is not ready for “immediate peace” with Ukraine. Plus, the European Commission has finally given Bulgaria the green light to join the Eurozone in 2026.Mentioned in this podcast:Apple and Alibaba's AI rollout in China delayed by Trump trade warWells Fargo has finally shed its dunce capWells Fargo asset cap lifted after ‘fake accounts' scandalPutin planning to retaliate for Ukraine drone attack, says TrumpBulgaria to join Eurozone in 2026Today's FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc Filippino. Additional help from Blake Maples, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's acting co-head of audio. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
An initial wave of support for Israel after the Oct. 7, 2023, attack in which Hamas killed 1,200 people and took 251 hostages has been eclipsed by 20 months of reprisals in which Israel has killed nearly 55,000 Palestinians in Gaza including thousands of children. Public support for Israel is sinking and the country's staunchest allies are rowing back. Even so, a huge gap remains between the political rhetoric and the reality of what Israel's partners are doing to stop the atrocities. Among the European Union states that have been most reluctant to condemn Israel is Germany, where the history of the Holocaust is a complicating factor. Germany considers ties with Israel part of its so-called Staatsräson, or raison d'état, effectively aligning German foreign policy and security with that of Israel. And despite the abundant evidence of disproportionate and indiscriminate strikes by Israel, Germany has continued to allow arms sales and to oppose severing trade and political ties. Sharing Germany's support for Israel are countries like Hungary and the Czech Republic with Spain, Slovenia and Ireland among those most supportive of the Palestinians. But as the EU's biggest and richest member state, Germany has an outsized influence on the bloc, and its stance has fed the perception that Europeans are reluctant to restrain Israel. Adding to that impression is Ursula von der Leyen, a German conservative, and the president of the bloc's powerful executive, the European Commission. She only recently shifted tone on Israel by calling targeting of civilian infrastructure abhorrent. In this episode: German journalist Katrin Pribyl on the extent of her country's the pro-Israel stance and the awkward silence von der Leyen has long maintained over Gaza — and on whether von der Leyen has inadvertently imposed Germany's Staatsräson on the rest of Europe.Support the show
Consumer watchdogs from 21 countries, coordinated by the European Consumer Organisation, BEUC, have filed a complaint against the ultra-fast fashion Shein to the European Commission and EU consumer protection authorities. What is the complaint about and what could this case mean for fast fashion in Europe?Join us on our journey through the events that shape the European continent and the European Union.Production: By Europod, in co production with Sphera Network.Follow us on:LinkedInInstagram Hosted on Acast. See acast.com/privacy for more information.
From the BBC World Service: The U.S. is doubling tariffs on most imported steel and aluminum, raising them from 25% to 50%. The stakes are extremely high — around one quarter of all steel and half of all aluminum used in the U.S. is imported. Meanwhile, the European Commission is unveiling its 2026 budget proposal, and Wednesday marks the deadline the U.S. has set for countries to provide their best offer on trade negotiations. Plus, on International Cheese Day, we hear how Gen Z's tastes are changing.
From the BBC World Service: The U.S. is doubling tariffs on most imported steel and aluminum, raising them from 25% to 50%. The stakes are extremely high — around one quarter of all steel and half of all aluminum used in the U.S. is imported. Meanwhile, the European Commission is unveiling its 2026 budget proposal, and Wednesday marks the deadline the U.S. has set for countries to provide their best offer on trade negotiations. Plus, on International Cheese Day, we hear how Gen Z's tastes are changing.
In this timely roundtable, Lisa and Hemma sit down with Mary Inman and Liz Soltan, two powerhouse advocates in the whistleblower legal space, to unpack the DOJ's newly revised Corporate Whistleblower Awards (CWA) Pilot Program and its implications for the compliance community. We also explore what makes whistleblowing work, how to support internal and external reporters, and why this moment may mark a turning point for global whistleblower engagement. Highlights: Mary and Liz break down the newly added DOJ priority areas How the CWA Pilot Program could evolve into a DOJ equivalent of the SEC whistleblower program Why organizational justice and psychological safety must be embedded into internal reporting systems. How tips must result in asset forfeiture to trigger awards Why we need a speak-up culture, not just a hotline Resources DOJ's May 2025 Criminal Division White-Collar Enforcement Plan Revised DOJ Corporate Whistleblower Awards Pilot Program: DOJ Announcement Speech by Matthew R. Galeotti at the SIFMA AML and Financial Crimes Conference Link to speech Whistleblowing Study by Stephen Stubbens and Kyle Welch Whistleblower Partners LLP: Mary Inman, Liz Soltan Biographies Mary Inman Partner, Whistleblower Partners LLP Mary Inman is a seasoned attorney with over 30 years of experience representing whistleblowers under various U.S. programs, including the False Claims Act, SEC, CFTC, IRS, FinCEN, and NHTSA/DOT. After spending three years in London, she now focuses on international whistleblowers exposing misconduct with ties to the U.S.. She assists clients in bringing claims to foreign regulators such as the Ontario Securities Commission and the Canada Revenue Agency. Mary is renowned for her expertise in healthcare, tech, and financial services fraud. She has represented high-profile whistleblowers like Frances Haugen (Facebook) and Tyler Shultz (Theranos), and co-authored The Tech Workers' Handbook, a guide for tech industry whistleblowers. Her advocacy extends to testifying before global governmental bodies, including the European Commission and UK Parliament, championing the effectiveness of U.S. whistleblower programs. Mary holds a J.D. from the University of Pennsylvania Law School and has clerked for judges in both the U.S. District Court and the U.S. Court of Appeals. Outside of her legal work, she enjoys participating in her husband's YouTube channel and spending time in northern Maine. Liz Soltan Associate, Whistleblower Partners LLP Liz Soltan is an associate at Whistleblower Partners LLP, focusing on cases involving financial fraud, anti-money laundering, and sanctions evasion. Her notable work includes representing a foreign whistleblower in a FinCEN sanctions violation case concerning illegal sales to Russia. Liz also contributed to the landmark Medicare Advantage risk adjustment fraud case, United States ex rel. Poehling v. UnitedHealth Group, Inc. Before joining Whistleblower Partners, Liz served as a Skadden Fellow at Community Legal Services of Philadelphia, where she was part of a team that secured $712 million in emergency food stamp benefits for 650,000 households during the COVID-19 pandemic. She earned her J.D. cum laude from Harvard Law School, where she led the Wage and Hour Practice Group at the Harvard Legal Aid Bureau and successfully argued a workers' rights case before Massachusetts' highest court. Liz completed her undergraduate studies at Cornell University, graduating summa cum laude with a major in History and a minor in Spanish. Residing in Brooklyn, Liz maintains strong ties to her Philadelphia roots. She enjoys participating in a fiction-only book club, exploring historical sites, and spending time with her husband, son, and their two cats, Alex Trebek and Vanna White.
The European Commission has given the green light for Bulgaria to adopt the euro on January 1, 2026, putting the country on course to become the 21st member of the single currency zone. Brussels says Bulgaria has now met all the criteria necessary to join the eurozone, including price stability and fiscal discipline. However, Bulgarians are divided and many protested outside the parliament this Wednesday.
In this podcast we will be learning about disaster community in Europe and more specifically in Switzerland. That will be in the first half of the podcast. In the second half, we will be talking about a more focused conversation about data and its role in integrated disaster risk management. During the podcast we review Emergency Meeting Points (EMP) in Switzerland. The link provided will give you more information. The podcast guest is Jurgena Kamberaj a Senior Researcher in the Risk and Resilience Team at the Center for Security Studies (CSS), ETH Zurich, where she focuses on disaster preparedness and how hazards affect individuals, communities, and ecosystems. Her work aims to strengthen resilience in the face of increasingly complex emergencies. Prior to joining CSS in 2023, Jurgena worked at the Joint Research Centre (JRC) of the European Commission, specifically within the European Crisis Management Laboratory. In this role, she was responsible for real-time monitoring and impact assessments of major disasters worldwide, contributing to the development of the EU's global disaster response strategies. Jurgena holds an MSc in Environmental Science from Christian-Albrecht University of Kiel in Germany, specializing in ecosystem services and environmental protection. With experience spanning both scientific research and operational crisis management, she bridges the gap between data-driven analysis and practical disaster risk reduction strategies.Please visit our sponsors!L3Harris Technologies' BeOn PPT App. Learn more about this amazing product here: www.l3harris.com Impulse: Bleeding Control Kits by professionals for professionals: www.dobermanemg.com/impulseDoberman Emergency Management Group provides subject matter experts in planning and training: www.dobermanemg.com
Plus: Lawyers from Meta challenge the European Commission's crackdown on the company's social-networking business. And chip giant TSMC forecasts limited impact from tariffs, remaining on track for record earnings. Kate Bullivant hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, AdTechGod interviews James Rosewell, co-founder of Movement for an Open Web, discussing the evolution of the open web, the implications of the Privacy Sandbox, the importance of web browsers, and the future of regulation in the digital advertising landscape. They explore the impact of political changes on antitrust initiatives and the need for market certainty, while also providing resources for listeners to stay informed about these developments. Takeaways James Rosewell founded Movement for an Open Web to address concerns about the Privacy Sandbox. The open web must offer advertisers a good return on investment and protect content rights. Privacy Sandbox can now compete on its merits without coercion from Google. Web browsers play a crucial role in the digital advertising ecosystem. Regulation is needed to ensure fair competition in the browser market. Political changes are influencing antitrust motivations in the US. Market certainty is essential during the appeal process for Google. The European Commission is taking steps towards divestiture of Google. Funding models for web browsers need to be reevaluated. Resources are available for those wanting to learn more about the open web movement. Chapters 00:00 Introduction to the Open Web Movement 01:29 The Birth of Movement for an Open Web 04:09 Antitrust and Privacy Sandbox Insights 06:02 The Role of Web Browsers in Advertising 10:00 Regulation and the Future of Browsers 12:10 Political Changes and Their Impact 14:00 Looking Ahead: Opportunities and Challenges 16:33 Resources for Further Learning AI Anxiety, Media Shakeups & the Social Disconnect In this episode of The Refresh, Kait breaks down a pivotal week in Adland marked by existential questions around AI, massive corporate restructuring, and the steady evolution of streaming. From WPP's dramatic rebrand and layoffs to the Meta antitrust trial's conclusion and fresh Nielsen numbers, the episode weaves together the mounting pressure of rapid technological change and its human cost. Key Discussion Points: WPP rebrands Group M as “WPP Media” under an AI-first strategy, but the move triggers confusion and layoffs impacting up to 45% of staff. The broader advertising industry is facing an AI reckoning, as companies move faster than ever with minimal oversight or infrastructure for displaced workers. Meta's antitrust trial wraps, with the FTC accusing the company of a “buy or bury” strategy—highlighting internal emails and challenging definitions of competition. Despite social media's waning ability to foster community, creator marketing continues to boom—but may need reevaluation for long-term brand building. Nielsen's April report shows streaming now holds 44% of total TV usage, with ad-supported content making up 72% of viewership; Grey's Anatomy tops the charts. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this On Location episode during OWASP AppSec Global 2025 in Barcelona, Starr Brown, Director of Open Source Projects and Programs at OWASP, unpacks the real engine behind the organization's impact: the projects and the people driving them forward.With over 130 active projects, OWASP continues to expand its open source contributions to improve software security across the board. While the OWASP Top 10 remains its most recognized initiative, Starr points out that it's just one among many. Other significant projects include the Application Security Verification Standard (ASVS), the Software Assurance Maturity Model (SAMM), and the increasingly popular security games like Cornucopia, which use gamification to bring security concepts into business conversations and development workflows.AI is playing an increasingly prominent role in OWASP's work. Starr highlights the GenAI Security Project as a focal point, encompassing tools and guidance for LLM use, agentic AI, red teaming, and more. The scale of community engagement is equally impressive: around 33,000 people are active on Slack, and hundreds contribute to individual initiatives, reflecting the organization's truly global and grassroots structure.Beyond tools and documentation, OWASP is influencing regulation and policy through initiatives like the AI Exchange and the Transparency Exchange. These projects connect with government entities and standards bodies such as the European Commission and CEN/CENELEC to help shape responsible governance frameworks around software, AI, and cybersecurity.Listeners also get a glimpse into what's ahead. From upcoming events in Washington, D.C., to the OWASP Community Room at DEF CON in Las Vegas, the goal is to keep fostering connections and hands-on engagement. These gatherings not only showcase flagship tools and frameworks but create space for open dialogue, prototyping, and collaboration—whether you're breaking things or building them.To get involved, Starr encourages exploring the OWASP Projects page and joining their Slack community. The conversation makes it clear: OWASP is not just a collection of tools—it's a living, breathing network of contributors shaping the future of secure software.GUEST: Starr Brown | Director of Open Source Projects and Programs at OWASP | https://www.linkedin.com/in/starr-brown-8837547/HOST: Sean Martin, Co-Founder at ITSPmagazine and Host of Redefining CyberSecurity Podcast | https://www.seanmartin.comSPONSORSManicode Security: https://itspm.ag/manicode-security-7q8iRESOURCESLearn more and catch more stories from OWASP AppSec Global 2025 Barcelona coverage: https://www.itspmagazine.com/owasp-global-appsec-barcelona-2025-application-security-event-coverage-in-catalunya-spainCatch all of our event coverage: https://www.itspmagazine.com/technology-and-cybersecurity-conference-coverageWant to tell your Brand Story Briefing as part of our event coverage? Learn More
A year and a half ago, North Korea made waves when it announced that it was abandoning the goal of inter-Korean reunification. Now, South Koreans are getting ready to head to the ballot box to elect a new president, with their pick set to shape Seoul's policy toward a neighbor that now views the South as a “hostile, enemy state.” On this week's episode, Dr. Tomasz Wierzbowski and Dr. J.R. Kim join the podcast to debate whether Seoul should formally abandon the national goal of unification with North Korea. They discuss the evolving generational and political attitudes toward unification, whether the Ministry of Unification should be overhauled or scrapped and the ethics of maintaining peaceful coexistence with an authoritarian neighbor. Dr. Tomasz Wierzbowski is an adjunct professor at Hankuk University of Foreign Studies and the Korea Representative of EURAXESS, a European Commission initiative supporting researcher mobility. Dr. J.R. Kim retired as director-general at South Korea's Ministry of Unification and is still active as the president of the Korean Council for Peace and Cooperation. About the podcast: The North Korea News Podcast is a weekly podcast hosted by Jacco Zwetsloot exclusively for NK News, covering all things DPRK — from news to extended interviews with leading experts and analysts in the field, along with insight from our very own journalists. NK News subscribers can listen to this and other exclusive episodes from their preferred podcast player by accessing the private podcast feed. For more detailed instructions, please see the step-by-step guide at nknews.org/private-feed.
The ZENERGY Podcast: Climate Leadership, Finance and Technology
Welcome to The Zenergy Podcast! As mentioned on last week's episode, host Karan Takhar recently had the pleasure of attending DC Climate Week where he sat down with several climate leaders. One of these leaders was Francesco Maria Graziani, Climate and Energy Counsellor and Delegation of the European Union to the United States. In this episode, they discuss Europe's clean energy goals, its take on critical materials and healthier supply chains, and its transatlantic partnership with the U.S. Francesco provides insight into the drafting of the European Commission's new renewable energy directive. They discuss how the energy approach in Europe has shifted since the Russia/Ukraine conflict and how Europe is filling in the gap in energy Russia used to supply. They also talk about how the geopolitical shift between the U.S. and the EU has impacted the approach to critical materials as well as how Europe is building and refining its own critical minerals processes. In fact, if you'd like to learn more about the European Commission's recent selection of 47 projects to support domestic raw critical materials, you can click on the link above or visit ec.europa.edu and search for the March 24, 2025 press release. Finally, we end with an optimistic outlook on where Europe is headed in its climate journey. Thanks so much for listening. Don't forget to hit that subscribe button!Credits:Editing/Graphics: Desta Wondirad, Wondir Studios
In this episode of Money Tales, our guest is Sophie Bertin. You know that feeling when everything looks good on paper, a great job, supportive colleagues, a solid paycheck, but something inside keeps whispering, this isn't it! That was Sophie. She had a comfortable life, but comfort wasn't enough. It took a spark - an unexpected stat about entrepreneurs from a business school dean when Sophie was at a less-than-satisfying moment in her career - for her to realize: “Why am I in the 50% who haven't taken the leap?” That catalyzed her turning point. Sophie Bertin has a varied career path, from strategic consultancy, to banking operations, to the European Commission and now turned entrepreneur. She recently founded Serapy with the aim of improving corporate compliance training through the combination of simulations, gamification, role play and online tools. Serapy uses the latest educational theories to provide trainings with increased retention rate, and combines that with AI tools to enhance the learning process. Serapy is currently present in Switzerland, Bulgaria, Portugal, France and the UAE. Serapy has been accepted in the incubation program of the Unicorn Factory Lisbon and of Station F in Paris. In addition to Serapy, Sophie has her own consultancy (Parnima Consulting) since 2016, where she works with top legal and regulatory firms, consultancy firms and financial clients on EU Regulations in the area of Financial Services, Foreign Subsidies and State Aid. She also serves as independent board member of Eastnets, a leading provider of AML, SWIFT and payments solutions. She sits on the Remuneration, Nomination and Governance Committee. Before becoming entrepreneur, Sophie was Group Head of Corporate Development and Managing Director of SIX Group (in Switzerland), in charge of strategy development, innovation and regulatory affairs. During the Financial Crisis, she served as Head of Unit at the Directorate General for Competition within the European Commission. There, she was responsible for the review and approval of the State aid provided by Member States to the financial services (mostly banks) during the financial crisis of 2008-2014. Prior to her role with the European Commission, Sophie held senior positions within SWIFT, where she was globally in charge of Asset Servicing; with The Bank of New York Mellon; and worked with the top consultancies McKinsey and later Bain &Co. She started her career path as IT and database programmer, which is very helpful now with the latest AI tools she uses in her start-up. She started her studies in Vienna, graduated from the Ecole Supérieure de Commerce de Paris, holds an MBA from INSEAD and a post-graduate diploma in EU Competition Law from King's College. She holds also a diploma from the Swiss Board Institute. She is member of the Executive Committee of the INSEAD Alumni organization, and she is also the founder and president of the global INSEAD Women in Business Club. Recently, she finished an advanced AI Mastery class and won the award for the best AI Application Builder. She is promoting and advocating for AI literacy among women and through the INSEAD Women in Business Club organizes events for Women in AI.
With questions raised over Europe's defence capabilities, Poland is one of the key nations insisting the continent needs to bolster its security. This March the European Commission announced an €800bn plan to boost continental defence. But is Europe doing enough? Gavin Esler discusses the view from Poland with Professor Agnieszka Bieńczyk-Missala from the Faculty of Political Science and International Studies at Warsaw University. • This episode of This Is Not A Drill is supported by Incogni, the service that keeps your private information safe, protects you from identity theft and keeps your data from being sold. There's a special offer for This Is Not A Drill listeners – go to https://incogni.com/notadrill to get an exclusive 60% off your annual plan. • Support us on Patreon to keep This Is Not A Drill producing thought-provoking podcasts like this. Written and presented by Gavin Esler. Produced by Robin Leeburn. Original theme music by Paul Hartnoll – https://www.orbitalofficial.com. Executive Producer Martin Bojtos. Group Editor Andrew Harrison. This Is Not A Drill is a Podmasters production. www.podmasters.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture British PM is now betraying the country, he is making huge concessions with the European Union, his days are numbered. China cuts the interest rate, the Fed is still in a holding pattern, see what is happening. D's lost the rich are getting the tax cut narrative. Investors are buying gold funds. The [DS]/fake news is now trying to pivot away from Biden. The problem is they do not have the narrative and the people are now asking a lot of questions of who was really running the country. Kash Patel and Dan Bongino are putting a information to smoke the sleepers out. Scavino in the last couple of days has pushed the military is the only way, why? Think statute of limitations, under civil law most are 5 years, under military most are unlimited. Economy Leftist British PM Keir Starmer BETRAYS Brexit, Causes Alarm by Signing Agreement With European Union Making HUGE Concessions Prime Minister, Keir Starmer, has just betrayed Brexit – and may have dealt a death blow to the island's fishing industry. There's widespread alarm over the terms of the ‘reset' deal with the European Union and the huge concessions that he made. At a press conference alongside European Commission chief Ursula von der Leyen, Keir Starmer says he is ‘moving on' from ‘Brexit battles', and that this deal will put Britain ‘back on the world stage'. Daily Mail reported: https://twitter.com/NicholasLissack/status/1924372295377662009?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1924372295377662009%7Ctwgr%5E7c2d31a35626b522c5601d813473a16e3f834205%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F05%2Fleftist-british-pm-keir-starmer-betrays-brexit-causes%2F (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/darrengrimes_/status/1924436308941791427?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1924436308941791427%7Ctwgr%5E7c2d31a35626b522c5601d813473a16e3f834205%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F05%2Fleftist-british-pm-keir-starmer-betrays-brexit-causes%2F Source: thegatewaypundit.com China cuts key lending rates to record lows to counter the impact of US tariffs China's central bank has cut its key lending rates to record lows to bolster the economy and cushion the impact of escalating trade tensions with the United States. The move follows a sweeping stimulus package announced earlier this month. The People's Bank of China (PBOC) has lowered its benchmark lending rates for the first time in seven months as part of ongoing efforts to mitigate the impact of US tariffs on its economy. The central bank cut the 1-year and 5-year loan prime rates (LPR) by 10 basis points to 3.0% and 3.5%, Source: euronews.com US Federal Reserve officials signal rates likely to stay on hold until at least September The central bank's next three meetings are in June, July and September https://twitter.com/MarketsDotNews/status/1924709190376820961 https://twitter.com/TrumpWarRoom/status/1924818332550639622 https://twitter.com/KobeissiLetter/status/1924816670285054349 Trump tax bill will expire on December 31, 2025. and taxes will go up No,
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture Germany and other countries in the EU are beginning to back off the green new scam, they realize that their country will implode if they keep on track. The [CB] plan to downgrade the US to destroy the economy is not working. Trump's Sovereign Wealth Fund will counter the national debt. It's going to be revolutionary. The [DS]/D's and fake news needed to get get ahead of the Hur tapes coming out. So they pushed the narrative that they knew nothing about it and to prove they released that Biden has cancer. This entire maneuver has backfired on them. The pieces of the puzzle are coming together, Trump has trapped them in all of it. The people are awake and see through their deception, pain and then justice. Economy Germany Makes "Sea-Change Policy Shift" On Nuclear Power In Europe Three weeks after widespread power grid failures across Portugal and Spain, triggered by unreliable solar and wind power, Germany appears to be sharply recalibrating its energy stance. In a notable policy shift, the new conservative government under Chancellor Friedrich Merz has reversed its longstanding opposition to nuclear power. The move reflects a growing understanding in Berlin that overreliance on unreliable solar and wind power generation poses serious risks to economic stability and energy security. The shift also signals a broader return to common-sense energy policymaking in Europe, with nuclear power increasingly viewed as critical in France in achieving reliable, low-carbon power generation. Source: breitbart.com Walmart Stock Ticks Lower After Trump Says Retailer Should 'Eat the Tariffs' Walmart should "eat the tariffs" rather than raise prices, President Donald Trump said in a recent Truth Social post. CEO Doug McMillon warned on the company's earnings call that profits could fall this year depending on the direction of trade policy. McMillon said "the reality of narrow retail margins" makes the tariffs, even at reduced levels, difficult to absorb. Walmart (WMT) shares slumped in early trading Monday after President Donald Trump said the retailer should absorb the cost of tariffs rather than pass it on to customers by raising prices. Source; investopedia.com Eurozone growth forecasts cut amid uncertainty over Trump trade war Tariffs impact demands ‘considerable downgrade', to 0.9% this year and 1.4% in 2026, European Commission has cut its growth forecasts for the eurozone this year and next as a result of uncertainty caused by Donald Trump's tariff wars. Source: theguardian.com https://twitter.com/ElectionWiz/status/1924463604704665815 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/KobeissiLetter/status/1924448704469340218 https://twitter.com/TrumpWarRoom/status/1924129257770348726 https://twitter.com/charliekirk11/status/1924306220112122248 The best part of the One Big Beautiful Bill that no one is talking about is taxing remittances. https://twitter.com/grok/status/1924449258100666660 families, reduces funds for developing countries, and may push transfers to unregulated channels.