Executive branch of the European Union
POPULARITY
Categories
President Zelensky says the world must respond firmly after Russia attacked Ukraine with one of its heaviest bombardments of the war. He accused Moscow of deliberately killing civilians and spurning ceasefire attempts. Russian missile strikes on Kyiv also damaged the offices of the European Union. The President of the European Commission, Ursula von der Leyen, accused Russia of targeting the EU and of stopping at nothing to terrorise Ukraine. Also: new research points to climate change encouraging the spread of wildfires; people have taken to the streets in Indonesia for the second time this week to protest against what they see as excessive pay and benefits for lawmakers, and Rwanda has received the first US migrants deported to the African country under a controversial new deal. The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk
Seen by hundreds of thousands, Swedish utility Vattenfall's expletive-laden campaign with Hollywood icon Samuel L Jackson asks the question: Offshore wind farms, yes or no? On this week's episode of Energy Evolution, Vattenfall's head of brand Monica Holmvik Persdotter explains the process behind the campaign and how the utility thinks about public discourse regarding the technology. Effective communication and local engagement have tangible impact on green-lighting new offshore wind projects, David Bidwell, professor of Marine Affairs at the University of Rhode Island in the US, told correspondent Camilla Naschert. Audio clips sourced via European Commission and Vattenfall AB.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1127: We're diving into major tariff relief for EU carmakers, Sonic Automotive's EchoPark outpacing expectations, and how generative AI is rewriting the rules for online retail traffic. Show Notes with links:The automotive industry is watching closely as the U.S. and EU hammer out a framework deal that could bring massive tariff relief for European automaker. The fine print could mean big savings and new market access.The EU and U.S. announced a new trade framework aiming to reduce U.S. auto tariffs from 27.5% to 15%.Relief would be retroactive to August 1 if the EU introduces enabling legislation this month.In exchange, the EU pledged to cut tariffs on U.S. industrial goods and increase access for American agricultural products.The deal may expand to include mutual recognition of auto safety standards and influence future U.S. agreements with Japan and South Korea.EU Trade Commissioner Maros Sefcovic emphasized urgency: “It is the European Commission's firm intention to make proposals by the end of this month.”Sonic Automotive just dropped its Q2 2025 earnings, and while a hefty impairment charge dented the bottom line, EchoPark's performance made sure the story stayed bullish.Total revenue reached a record $3.7B, up 6% YoY.Despite a $172.4M impairment charge, adjusted EPS surged 49% to $2.19, beating expectations.EchoPark led the charge with $62.1M in gross profit (+22%) and a 679% increase in adjusted segment income.Segment income rose from $3.9M to $11.7M — a 200% leap.“EchoPark is just on fire,” said Sonic President Jeff Dyke.Adobe reports a massive 4,700% YoY increase in U.S. retail site traffic driven by generative AI platforms like ChatGPT and Gemini — a clear signal that AI is transforming the online shopping journey.Traffic from gen-AI sources has grown monthly since the 2024 holiday season.90% of users trust gen-AI recommendations; bounce rates are down 27%.Visits from AI referrals are 10% more engaged, with 32% longer durations.The conversion gap between AI and non-AI traffic has shrunk from 49% in January to 23% in July.“It's allowing a very optimized, urgent, efficient journey,” said Adobe's Vivek Pandya.0:00 Intro with Paul J Daly and Kyle Mountsier1:35 Next week, Paul and Erroll Bomar III will be at NAMAD next week2:38 EU-US Finalizing New Trade Deal4:35 EchoPark Boosts Sonic's Q2 Earnings6:52 4700% Increase In Retail Traffic From GenAI SitesJoin Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
The Rich Zeoli Show- Hour 4: 6:05pm- Prior to Monday's multilateral meeting at the White House, President Donald Trump was caught on a hot mic telling Emmanuel Macron: “I think [Vladimir Putin] wants to make a deal for me, you understand that? As crazy as it sounds.” 6:30pm- In a post to Truth Social, President Donald Trump wrote: “I had a very good meeting with distinguished guests, President Volodymyr Zelenskyy, of Ukraine, President Emmanuel Macron, of France, President Alexander Stubb, of Finland, Prime Minister Giorgia Meloni, of Italy, Prime Minister Keir Starmer, of the United Kingdom, Chancellor of the Federal Republic of Germany, Friedrich Merz, President of the European Commission, Ursula von der Leyen, and Secretary General of NATO, Mark Rutte, in the White House, which ended in a further meeting in the Oval Office. During the meeting we discussed Security Guarantees for Ukraine, which Guarantees would be provided by the various European Countries, with a coordination with the United States of America. Everyone is very happy about the possibility of PEACE for Russia/Ukraine. At the conclusion of the meetings, I called President Putin, and began the arrangements for a meeting, at a location to be determined, between President Putin and President Zelenskyy. After that meeting takes place, we will have a Trilat, which would be the two Presidents, plus myself. Again, this was a very good, early step for a War that has been going on for almost four years. Vice President JD Vance, Secretary of State Marco Rubio, and Special Envoy Steve Witkoff, are coordinating with Russia and Ukraine. Thank you for your attention to this matter!” 6:40pm- Appearing on NBC News, former U.S. Ambassador to Russia during the Obama Administration Michael McFaul praised Donald Trump for his efforts to negotiate a peace agreement between Russia and Ukraine.
A video of this podcast is available on YouTube, Spotify, or PwC's website at viewpoint.pwc.comRecent weeks have brought notable progress on the European Commission's Omnibus package. In this episode, we examine the key developments from July — including amendments to the EU Taxonomy regulation, EFRAG's extended deadline, and major revisions to the European Sustainability Reporting Standards (ESRS). We also discuss the potential implications for businesses as the legislative process advances, including why “wave 1” reporters must stay alert even if the changes aren't finalized yet.In this episode, we discuss:1:09 – July's major EU sustainability developments 4:18 – Deadline extension for EFRAG revisions7:22 – The “quick fix” delegated act and wave 1 reporting relief13:55 – Major revisions to ESRS 21:38 – Status of the broader content proposal25:15 – Breaking down the EU legislative process and expected timelinesGet caught up on the EU Omnibus package:New reliefs for ESRS ‘wave 1' reportersEFRAG's next step toward revised ESRSEuropean Commission adopts revisions related to Taxonomy RegulationSustainability now: EU Omnibus in motion – June 2025 updateSustainability now: EU Omnibus in motion – May 2025 updateSustainability now: Navigating “Omnibus” uncertaintyLooking for the latest developments in sustainability reporting?Read PwC's Sustainability reporting guideCheck out other episodes in our sustainability reporting podcast seriesAbout our guestDiana Stoltzfus is a partner in the National Office who helps to shape PwC's perspectives on regulatory matters, responses to rulemakings and policy development, and implementation related to significant new rules and regulations. Prior to rejoining PwC, Diana was the Deputy Chief Accountant in the Office of the Chief Accountant (OCA) at the SEC where she led the activities of the OCA's Professional Practices Group.About our hostHeather Horn is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC's global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.comDid you enjoy this episode? Text us your thoughts and be sure to include the episode name.
In this week's episode of Energy Transition Today, we begin with latest goings on in the UK market with the half-hearted outrage at new delivery estimates for Sizewell C nuclear plant. We then delve into the latest developments from the ongoing row between the management of Gore Street Storage Fund and some of its investors.On to Germany with Vattenfall's foray into the country's onshore wind market and the disastrous but predictable failure of its latest 2.5GW offshore wind tender.We also touch on US scrapping offshore wind leasing schedule and Trump administration's plans to rescind $7 billion in solar subsidies previously allocated to low-income households across the country.We round off the conversation with France's €11 billion subsidy package for three floating offshore wind farms, Stellantis' abrupt withdrawal from its hydrogen vehicle programme and the award criteria for European Commission's latest hydrogen bank auction.00:00:33 - Sizewall C00:05:04 - Gore Street00:10:35 - Vattenfall 00:12:32 - German offshore auction failure 00:17:29 - More US offshore drama 00:21:52 - Trump threatens solar subsidies00:23:47 - €11bn for French floating wind00:28:17 - Death of hydrogen cars 00:32:31 - Death of hydrogen cars00:34:43 - Financing renewables & fashion weekTo buy tickets for the Investing in the Energy Transition in Milan visit our website or write us at conferences@inspiratia.com Send 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.
A Clare MEP is pushing for the incentivisation of glass bottles as a means of cutting down on single-use plastics. The European Commission has commenced negotiations on the Global Plastics Treaty with the aim of clamping down on plastic pollution. The discussions will run until August 14th and follow the fifth session of the Intergovernmental Negotiating Committee on the Global Plastics Treaty which concluded in December of last year without an agreement. Scariff Independent MEP Michael McNamara says more needs to be done to encourage people to stop using plastic.
European Pharmaceutical stocks have dropped over the past day, following a fresh threat from US President Donald Trump to impose tariffs of up to 250%. For more on this Jennifer Ewing is a spokesperson for Republicans Overseas UK and Olof Gill, Spokesperson for the European Commission.
The European Union will suspend its two packages of countermeasures to U.S. tariffs for six months, a European Commission spokesperson said on Monday. The spokesperson said in a statement that the bloc “continues to work with the U.S. to finalise a Joint Statement, as agreed on 27 July.”More than 3,200 Boeing machinists have walked off their aerospace jobs in the St. Louis, Missouri, area after members of the International Association of Machinists voted to authorize a strike at three defense plants starting at midnight on Monday. They are demanding better wages and work schedules.
In June 2025, the European Commission announced a decision under which it fined two competing online food delivery companies a combined total of €329 million for cartel behaviour that took place while one company held a minority stake in the other company. The infringing behaviour included, among other things, exchanging competitively sensitive information “beyond what was needed for a corporate investor to protect a financial investment decision.” Does the Delivery Hero/Glovo decision suggest that minority shareholdings may be subject to stricter scrutiny going forward? Hosts Matthew Hall and Alicia Downey talk to Brussels-based competition lawyer Peter Camesasca about what the decision means and its practical implications for compliance counseling. With special guest: Peter D. Camesasca, Ph.D., Advokaat BVBA Related Links: Peter Camesasca, Minority Stakes as a Conduit for Cartelization, and No Poach to Boot: The EU Decision in Delivery Hero/Glovo European Commission press release (2 June 2025) Commissioner Ribera remarks (2 June 2025) Hosted by: Matthew Hall, McGuireWoods London LLP and Alicia Downey, Downey Law LLC
The EU's two big green regulations on shipping have had many consequences, whether intended or otherwise. But their original purpose was as a threat. Four years ago the International Maritime Organization had been dragging its feet on agreeing any kind of meaningful limits on CO2 from ships. So Brussels effectively told the regulator: reduce your emissions, or we will. The European Commission extended its emissions trading system to cover half of emissions from voyages to and from the EU. It also pitched a green fuel standard called FuelEU Maritime, which fines companies unless they phase in greener fuels over time. The ETS started at the beginning of 2024 and the first credits are due to be handed over by September 30. FuelEU is being phased in too, with its own set of deadlines in the coming years. Shipping has been preparing ever since. But now the EU could be close to getting its original wish. A global net zero framework for cutting emissions is on its way from the IMO, though it needs to be formally adopted in October. So, now we have a global regime on the horizon, shouldn't Europe fall into line? The commission has said will consider changing its ways – if it considers the IMO system ambitious enough for the planet. So, what will it do? Joining Declan on this week's podcast are: Magda Kopczyńska, Directorate-General for Mobility and Transport, European Commission Simon Bennett, Deputy Secretary General, International Chamber of Shipping
In this final episode of season 4, Richard Westcott is joined by Catherine Barnard (University of Cambridge) and Emmanuelle Auriol (Toulouse School of Economics) to explore the economic, legal, and social dimensions of migration.Drawing on insights from law and economics, the conversation explores how migration affects labour markets, legal protections, and social cohesion — from post-Brexit realities in Great Yarmouth, UK, to global questions of fairness and opportunity. The episode examines who migrates and why, the limits of current border regimes, and what more effective and ethical migration policies could look like.Season 4 Episode 10 transcriptListen to this episode on your preferred podcast platformFor more information about the Crossing Channels podcast series and the work of the Bennett School of Public Policy and the Institute for Advanced Study in Toulouse, visit our websites at https://www.bennettschool.cam.ac.uk/ and https://www.iast.fr/.Follow us on Linkedin, Bluesky and X. With thanks to:Audio production by Steve HankeyAssociate production by Burcu Sevde SelviVisuals by Tiffany Naylor and Aurore CarbonnelMore information about our host and guests:Richard Westcott is an award-winning journalist who spent 27 years at the BBC as a correspondent/producer/presenter covering global stories for the flagship Six and Ten o'clock TV news as well as the Today programme. In 2024, Richard left the corporation and he is now the communications director for Cambridge University Health Partners and the Cambridge Biomedical Campus, both organisations that are working to support life sciences and healthcare across the city. @BBCwestcottEmmanuelle Auriol is a French economist and professor at Toulouse School of Economics. Her research combines theory and empirics in industrial organisation and development economics, focusing on market failures driven by rent-seeking, cognitive biases, and discriminatory norms. Her work blends neoclassical and behavioural economics and has been published in top journals. A CNRS Bronze Medalist and member of the Institut Universitaire de France, she is also a fellow of the EEA, CEPR, CESifo, and EUDN. She contributes to policy and development work with institutions like the French Development Agency and the World Bank. She serves on the Conseil d'Analyse Économique, is a member of the Cercle des Économistes, and has authored two award-winning books.Catherine Barnard FBA, FLSW, FRSA is Professor of European Law at the University of Cambridge. She is the author of EU Employment Law (Oxford, OUP, 2012, 5th ed.), The Substantive Law of the EU: The Four Freedoms, (Oxford, OUP, 2025, 8th ed), and (with Peers ed), European Union Law (Oxford, OUP, 2023, 4th ed). She is a member of the European Commission funded European Labour Law Network (ELLN). She is a Senior Fellow of the UK in a Changing Europe where she considers the legal issues around migration, together with the legal and constitutional issues associated with Brexit, in particular the Withdrawal Agreement and the Trade and Cooperation Agreement. She has appeared on the main media channels - BBC, ITV and Sky - as well as some of the more specialist programmes such as Law in Action, Woman's Hour, Question Time, Any Questions and the Briefing Room. She has also written for the Guardian and the Telegraph. She has given evidence to numerous select committees on the legal issues connected with Brexit.
What are the repercussions of global trade deals being put together with little to no detail in the actual agreements? How has the US President convinced the European Commission to agree to purchase $600bn worth of US energy products when it doesn't have the mechanism to do so? Did Trump end up winning his game of "4D chess" with the global markets? Steph speaks to The Economist's Wall Street Editor, Mike Bird. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG Sign up to our newsletter to get more stories from the world of business and finance. Email: restismoney@gmail.com X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney https://goalhanger.com Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this week's episode of Energy Transition Today, we start with the most important energy transition news of the week, nay the year, actor Samuel L Jackson's partnership with Vattenfall for seaweed crisps.We move on to financing updates over the past seven days, starting with an exclusive on Elements Green's debt package for its 360MW battery project in the UK, Sonnedix's €2 billion debt consolidation, DESNZ's price caps for renewable technologies under the upcoming AR7 auction and planning consent for, what is set to be, UK's first floating offshore wind farm.For the deeper dives, we touch on the ongoing tensions between the board of Gore Street Storage Fund and a couple of its investors as well as well as Smart Pension UK's investment in Octopus' UK renewables portfolio.We end on a breakdown of the European Commission's proposed budget for 2028-2034 and the European Union's LNG deal with the US.Send 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.
European Commission president Ursula von der Leyen described the US-EU trade agreement as “huge”, demonstrating a helpful grasp of President's Trump's lexicon. The imposition of tariffs and the threat of punitive ones has gone remarkably smoothly. That may not always be so, but for now markets are buoyant and inflation only modestly higher. The White […]
As the dust settles on the trade agreement struck by the European Union and the United States on Sunday…did the EU really eke out a win from the Trump administration? Or was it left with no choice but to bow to his tariff demands? John Clarke, former Director for International Affairs at the European Commission joined Pat Kenny on the show.
Can healing yourself really help heal the world?This week, Thomas sits down with Amandine Roche, a human rights and women's empowerment expert with more than 20 years of experience with the United Nations and European Union. Amandine's extensive work in conflict zones worldwide was driven by a deep, personal quest for healing from childhood trauma. But the work itself took a toll on her mental and physical health, leading her on a journey of healing that uncovered an essential core truth that she now works to spread: we must have inner peace if we want to work for outer peace.Amandine shares beautifully honest details from her own personal struggles and offers a unique perspective on embracing femininity in human rights work and all forms of leadership. She and Thomas explore the need for collective spaces and new skills to digest world events and prevent the repetition of painful social and political patterns.It's an empowering conversation that highlights the absolute necessity of self-alignment and inner healing in humanitarian work and any type of effort toward peace and harmony in a world in crisis.✨ Click here to watch the video version of this episode on YouTube:
Ten years after Greece's thunderous “NO” to austerity, Yanis Varoufakis sits down with film-maker Raoul Martinez and host Mehran Khalili to revisit that historic showdown with Europe's political establishment. We bust the official myths, look at lessons learned, and spell out what activists across Europe must do next. If you missed the story: Greece elected the anti-austerity Syriza party in early 2015, with Yanis Varoufakis as finance minister. After months of bruising talks with the European Central Bank, IMF and European Commission, the government put the creditors' terms to a 5 July referendum. Sixty two percent voted NO — but days later, Athens agreed to a third “bailout”, Yanis resigned, and Greece was locked into another cycle of cuts that to this day, it still hasn't escaped. *** SPECIAL OFFER: Use code Storm25 to get 20% off the documentary we discuss in this video, In the Eye of the Storm! https://vimeo.com/ondemand/eyeofthestormenglish *** In this talk, we unpack the new six-part series In the Eye of the Storm – from secret Eurogroup recordings to the street-level activist energy in Athens – and draw fresh lessons on leverage, media war, plan B economics and movement discipline. Whether you marched in 2015 or are gearing up for the next fight, this conversation will arm you with the story behind the headlines and the tactics to win round two. SUPPORT US Join: https://diem25.org/join Donate: https://diem25.org/donate Subscribe: https://www.youtube.com/c/DiEM25official
The grand conspiracy continues. CIA Director John Ratcliffe has confirmed that he will be declassifying the classified annex of the Durham Report in the next few weeks. He also verified that the statute of limitations will not apply to John Brennan, James Clapper, Hillary Clinton, and others because, in a conspiracy case… that's not all. Guest Joey Tarek joins the show to discuss the border, the mass human trafficking occurring across the nation, and his take on how the Trump administration is helping to resolve these issues. Later, Donald Trump visited the European Commission and absolutely killed it. He joined Ursula von der Leyen and completely grilled her. We'll be talking about all this and more on today's Untamed!
As Donald Trump visits Scotland, world leaders - including Keir Starmer - flock to pay tribute at the emperor's feet.Subscribe on YouTube: https://www.youtube.com/channel/UC2DHAQOeEg-Z-4trARDXHRA?sub_confirmation=1The US President is on a 4-day trip to his golf courses in Scotland. He has met with Ursula von der Leyen, President of the European Commission, and UK Prime Minister Keir Starmer.Wielding the "bully-boy" threat of trade tariffs, the President is enjoying unprecedented influence. But should European leaders learn from the more combative approaches taken by Canada and France?Megan Gibson joins Tom McTague on the New Statesman podcast.
Starmer to hold emergency Cabinet meeting as pressure mounts over Gaza "British Prime Minister Keir Starmer will convene an emergency Cabinet meeting this week to discuss the escalating crisis in Gaza amid genocidal Israeli siege, local media reports said. The meeting, which will take place despite Parliament's summer recess, comes as the government faces increasing pressure to recognise a Palestinian state. Starmer is also due to meet with US President Donald Trump in Scotland, where he is expected to urge the White House to adopt a firmer stance towards Israel." 1 in 3 Palestinians in Gaza hasn't eaten for days: UN "The UN's top humanitarian official has warned of an accelerating humanitarian disaster in Gaza. Tom Fletcher, under-secretary-general for humanitarian affairs and emergency relief coordinator, said one in three people hasn't eaten ""for days"" and children are ""wasting away"" amid severe food aid shortages. He said that despite Israel's decision to support a one-week scale-up of aid, massive amounts of aid are needed to stave off famine." Syria to hold first post-Assad parliamentary election in September "Syria plans to hold its first parliamentary elections under the new leadership between September 15 and 20. The country's High Election Committee met with President Ahmad al Sharaa to brief him on key amendments to the temporary electoral law, following rounds of consultations with various sectors of Syrian society. Al Sharaa stressed the importance of conducting the elections across all Syrian provinces and rejected any notion of territorial division, which all Syrians oppose." Zelenskyy signals swift action on anti-graft agencies after EU's plea "European Commission President Ursula von der Leyen has called for President Volodymyr Zelenskyy to uphold independent anti-corruption bodies. ""Ukraine has already achieved a lot on its European path,"" von der Leyen said in a post on X, adding that ""it must build on these solid foundations and preserve independent anti-corruption bodies, which are cornerstones of Ukraine's rule of law"". The Ukrainian leader, meanwhile, signalled that supporting legislation could be adopted within days." US, EU strike trade deal following 'tough negotiations' "The US and the EU reached a trade deal, ending months-long uncertainty, President Donald Trump announced following a meeting with European Commission President Ursula von der Leyen in Scotland. The US president said he thinks the deal is going to be ""great"" for both parties, which sets the US rate at 15 percent on EU goods. For her part, the European Commission president also praised the deal, saying it is a ""huge deal""."
Gaza's health ministry says dozens of Palestinians have died from hunger in recent weeks, due to a lack of food aid. In response, Israel says it is allowing a limited amount of airdrops and will give access to the UN to deliver more. The airdrops come as international outrage from governments and aid agencies over the humanitarian situation in Gaza grows.Also: The U.S. President is taking a working vacation to Scotland this weekend. On Sunday, he will meet the head of the European Commission - as they try to inch closer to a trade deal between the U-S and the E-U.And: Across Canada and the United States, when there is a crisis like a flood or a wildfire, public radio can be a lifeline. But in the U.S., the Trump administration is clawing back more than one-billion dollars already committed to the Corporation for Public Broadcasting. You'll hear what those cuts could mean for the rural and Indigenous communities that rely on public radio stations. Plus: Insurance costs for the Jasper wildfire, Typhoon in the Philippines, Alberta's taxes on B.C. wine, and more.
In this episode, Andreas Munk Holm is joined by Eoghan O'Neill, Senior Policy Officer at the European Commission's AI Office, to break down the EU AI Act, Europe's strategy to lead the global AI wave with trust, safety, and world-class infrastructure.They dive into why the EU's approach to AI is not just regulatory red tape but a proactive framework to ensure innovation and adoption flourish across sectors—from startups to supercomputers. Eoghan unpacks how startups can navigate the Act, why Europe's regulatory clarity is an advantage, and how investors should be thinking about this new paradigm.Here's what's covered:02:41 Eoghan's Unorthodox Journey: From Gravy Systems to AI Policy04:32 The Mission & Structure of the AI Office05:52 Understanding the AI Act: A Product Safety Framework09:40 How the AI Act Was Created: An Open, 1,000+ Stakeholder Process17:42 What Counts as High-Risk AI (And What Doesn't)21:23 Learning from GDPR & Ensuring Innovation Isn't Crushed26:10 Transparency, Trust & The Limits of Regulation30:15 What VCs Need to Know: Obligations, Timelines & Opportunities34:42 Europe's Global AI Position: Infra, Engineers, Strategy43:33 Global Dynamics: Commoditization, Gulf States & the Future of AGI48:46 What's Coming: Apply AI Strategy in September
President Donald Trump flies to Scotland for a private visit to promote his golf courses there, but he will also be meeting elected leaders in Scotland, the United Kingdom and the European Commission, likely to talk about trade and foreign affairs hotspots. We will get a preview from C-SPAN's Westminster Producer Pete Knowles, who is in Scotland (8); Deputy Attorney General Todd Blanche finishes a second day interviewing Ghislaine Maxwell, serving a long prison sentence as an accomplice to the late Jeffrey Epstein's sex crimes, amid the pressure on the Trump Admin to release the Epstein investigation files. We will hear from Maxwell's attorney, President Trump, and Rep. Robert Garcia (D-CA), ranking member on the Oversight Committee; Texas Senate Select Committee on Congressional Redistricting holds a public hearing on Republicans attempts to redraw district maps mid-decade to try to pick up seats; former FCC Commissioners analyze the FCC's approval of the multi-billion dollar Paramount-Skydance merger that comes with commitments to address complaints of editorial bias at CBS News; latest on the collapse of the Israel-Hamas ceasefire negotiations; former Rep. George Santos (R-NY), who had a dramatic rise and fall in politics, reports to federal prison after his fraud conviction. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of SCW for Pharma, Evren Ozkaya welcomes Adrian Van den Hoven, Director General of Medicines for Europe, the leading voice for generic and biosimilar manufacturers across the continent.The conversation begins by underscoring the essential role generics and biosimilars play in Europe's healthcare system — making up around 90% of prescriptions but only 20% of total costs. Adrian explains how these medicines significantly expand access while easing the burden on patients and insurers. However, despite their public health value, low profit margins have led to a fragile and highly consolidated market — one responsible for two-thirds of medicine shortages across Europe, a trend also seen in the U.S.Evren and Adrian explore how geopolitical tensions, supply chain disruptions, and stringent environmental regulations are putting additional pressure on the sector. While EU authorities are assessing ways to strengthen local supply, current pricing models offer little incentive for generic manufacturers to invest in capacity or modernization. Today, 70% of manufacturing investment goes toward maintaining compliance, leaving only 30% for productivity, agility, or innovation — eroding Europe's competitiveness against countries like China and India.Digital transformation surfaces as a crucial lever — not just to improve efficiency but also to combat labor shortages and build greater resilience. Yet Adrian notes that digital maturity in EU pharma remains low, with many factories still running on paper and Excel. Still, the opportunity is enormous. As Evren highlights, PwC estimates that AI could potentially double EBITDA for pharma, especially through manufacturing and supply chain use cases. But he also cautions that most companies aren't ready to harness AI due to weak data infrastructure. Without high-quality, real-time operational data, AI delivers poor results — “garbage in, garbage out.”The episode concludes with a look ahead. Adrian stresses that Europe has the skilled workforce to lead in digital transformation, but regulatory support and targeted funding are essential. Strategic partnerships — like the one between SCW.AI and Medicines for Europe — can help bridge the gap. Evren and Adrian close by previewing their upcoming meeting in Brussels with the European Commission, generic pharma manufacturers, and technology providers — a collaborative push to showcase ROI, align stakeholders, and accelerate digital transformation across the industry.
In this latest podcast, from the Gas Programme, Jonathan Stern talks to Katja Yafimava, Agnieszka Ason and Mike Fulwood on their latest paper on the EU ban on Russian gas. In May 2025, the European Commission published a Roadmap outlining various measures aimed at phasing out all Russian pipeline gas and LNG imports into the […] The post OIES Podcast – The EU Proposal to Ban Russian Gas Imports appeared first on Oxford Institute for Energy Studies.
Chinese President Xi Jinping has met with EU leaders in Beijing, calling on the two sides to deepen cooperation in a more challenging and complex international situation.
Special "business revenue leak checklist" offer, free at http://www.mrse.co/leak.This is Part 2 of revisiting our two all-time most popular episodes (tied). Joachim Lépine breaks down his six-module course for translators, starting with the importance of support and community. He also discusses weekly calls, check-ins, community, interactive learning, and organizing content.Joachim Lépine is a French-English translator, translator trainer, and the founder of Lion Translations.In this episode, Ari, Abe, and Joachim discuss: Joachim Lépine's background and journey to creating online courses for translators His translation course structure and key areas of focus The primary audience for the course and their needs Evolving the course from its initial version to the current improved model The importance of support and community in the course structure Using Discord for community interaction and support Lessons learned and improvements made from earlier attempts Challenges and considerations in creating effective online courses “I really organize things in threes. Whether you're talking about an individual lesson or your modules… It's easy to remember things in threes. It makes things easy to process for short-term memory.” — Joachim Lépine Guest Bio:Joachim Lépine is a French-to-English translator with a passion for helping translators to thrive. Even more importantly, he's a proud dad... and dog owner!In recent years, Joe has provided training for the United Nations, the European Commission, OTTIAQ, Magistrad, Editors Canada, the Translation Bureau, ITI (UK), Training for Translators (USA), and many others.Joe taught English translation and related courses at Université de Sherbrooke for nearly 15 years and was head of the OTTIAQ continuing education committee from 2013 to 2020. He holds degrees in fine arts, professional translation, and education, respectively from Concordia University, Université de Sherbrooke, and Plymouth State University.Resources or websites mentioned in this episode:MiraseeRuzukuJoachim's website: LionTranslationAcademy.comCredits:Hosts: Ari Iny and Abe CrystalProducer and Editing: Michi LantzExecutive Producer: Danny InyMusic Soundscape: Chad Michael SnavelyMaking our hosts sound great: Home Brew AudioTo catch the great episodes that are coming up on Course Lab, please follow us on Mirasee FM's YouTube channel or your favorite podcast player. And if you enjoyed the show, please leave us a comment or a starred review. It's the best way to help us get these ideas to more people.Music credits:Track Title: Bossa BBArtist Name: MarieWriter Name: Chelsea McGoughPublisher Name: A SOUNDSTRIPE PRODUCTIONTrack Title: Coo CoosArtist Name: Dresden, The FlamingoWriter Name: Matthew WigtonPublisher Name: A SOUNDSTRIPE PRODUCTIONTrack Title: GraceArtist Name: ShimmerWriter Name: Matthew WigtonPublisher Name: BOSS SOUNDSTRIPE PRODUCTIONSTrack Title: Carousel LightsArtist Name: Chelsea McGoughWriter Name: Chelsea McGoughWriter Name: Matthew WigtonPublisher Name: A SOUNDSTRIPE PRODUCTIONPublisher Name: BOSS SOUNDSTRIPE PRODUCTIONSSpecial effects credits:24990513_birds-chirping_by_promission used with permission of the author and under license by AudioJungle/Envato Market.Episode transcript: Special Part 2: Harnessing Community in Courses (Joachim Lépine).
European countries have committed to higher defence spending to face down Russian aggression. But preparing for war isn't cheap – and in many countries, budgets are already stretched. How will European members of Nato hit their defence targets, a hefty 5% of GDP? Will EU states look beyond their own national champions, and commit to greater co-operation on defence funding and purchases? And what kind of new institutions would be necessary to make that happen? To find out, Sam Fleming speaks to Jeromin Zettelmeyer. He is the director of the Brussels-based think tank, Bruegel, and has previously held senior roles at the IMF, the Peterson Institute, and in the German Ministry for Economic Affairs and Energy. Clips: BBC, Bloomberg Television, European Commission, French Armed ForcesSam Fleming is the FT's economics editor. You can find his articles here: https://www.ft.com/sam-flemingSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Sam Fleming. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Manuela Saragosa is the FT's acting co-head of audio. Original music from Breen Turner, and sound design by Breen Turner & Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
In episode 2 of The Right Kind of Family, our reporters travel to Hungary, a country ruled by Viktor Orban's Fidezs party since 2010. This relatively small central European country has surged to the role of ideological cornerstone for the Political Network for Values and its members. In particular, our reporters focus on one specific dimension of the policies enacted by the Orban over the past decade: family policies as a tool to stop population decline.The Hungarian government proudly defines its country as a family-friendly land. But what exactly are the famed policies of the Hungarian government, and how do they affect Hungarian households and women? What do Hungarians think about them, and ultimately, are they effective in halting population decline? The Right Kind of Family is a podcast co-produced by El País Audio, Chora Media, Europod, and 444.It was created within the framework of the WePod project, co-funded by the Creative Europe programme of the European Commission.The English version is written and narrated by Lili RutaiResearch and fieldwork: Francesca Berardi, Claudia Torrisi, Lili Rutai, Elsa Cabria and Manuel TomilloScript in original language: Francesca Berardi, Claudia Torrisi, Lili Rutai, Elsa Cabria.Editing of scripts: Alexander Damiano Ricci, Ana Ribera and Sabrina TinelliOriginal sound identity: Daniel Gutierrez Ortega and Mattia Liciotti, based on ‘The Devil You Know' soundtrack, licensed by Machiavelli Music.Additional musical curation, editing and sound design: Jeremy Bocquet.Original graphic design: Ruth Benito and Rebecca GrassiGraphic design adaptation for the English version: Watermelon collectiveExecutive production: Ana RiberaEditorial coordination and production: Alexander Damiano RicciCo-funded by the European Union. However, the views and opinions expressed are solely those of the author(s) and do not necessarily reflect those of the European Union. Neither the European Union nor the granting authority can be held responsible for them.This podcast is co-produced by Europod.Subscribe to Europod • English for even more podcasts, and follow us on Linkedin and Instagram. Hosted on Acast. See acast.com/privacy for more information.
In today's episode, we had the opportunity to speak with Arndt Vogel, MD, about the European Commission's (EC's) July 2025 marketing authorization of zanidatamab-hrii (Ziihera) for the treatment of adult patients with previously treated, unresectable, locally advanced or metastatic HER2-positive biliary tract cancer. Dr Vogel is a faculty member at the University of Toronto Institute of Medical Science, a scientist at the Toronto General Hospital Research Institute, and a medical oncologist at the UHN–Princess Margaret Cancer Centre in Canada. In our exclusive interview, Dr Vogel highlighted the clinical importance of this decision, emphasizing that it represents a significant advancement for a molecularly defined subgroup of patients with limited treatment options and historically poor outcomes. He explained that biliary tract cancers, including cholangiocarcinoma, are associated with high recurrence rates and poor survival, even in patients who undergo curative-intent surgery. For patients in the advanced setting, second-line chemotherapy offers modest clinical benefit, with objective response rates of approximately 6%, a median progression-free survival of approximately 3 months, and a median overall survival of approximately 12 months. Vogel discussed the data supporting the EC's approval, which was based on findings from the phase 2b HERIZON-BTC-01 trial (NCT04466891)—the largest study conducted to date evaluating HER2-directed therapy in this patient population. In the trial, at a median follow-up of 21.9 months, patients with centrally confirmed HER2-positive tumors (n = 80) who received zanidatamab achieved a confirmed objective response rate (cORR) of 41.3% (95% CI, 30.4-52.8). The median duration of response was 14.9 months (95% CI, 7.4-not reached), and the median overall survival reached 15.5 months (95% CI, 10.4-18.5).
President Trump denies he plans to fire U.S. Federal Reserve Chairman Jerome Powell following reports he had written a draft dismissal letter and discussed the move with lawmakers. Trump did again, however, criticise Powell for his failure to lower interest rates. The world's largest contract chip maker, TSMC, posts a massive 60 per cent surge in profits in the second quarter. Drug giant Novartis hikes its full-year guidance on the back of a narrow Q2 core earnings beat and double-digit sales numbers. European Commission President Ursula Von Der Leyen outlines her next budget plans but faces stiff criticism from Brussels and member states for the content and handling of the €2.3tn package.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The China International Supply Chain Expo in Beijing enters its second day (01:05). China calls for respect for Syria's sovereignty and territorial integrity (14:29). The European Commission proposes a two-trillion-euro budget from 2028 to 2034 for the European Union (35:15).
Aengus Cox, Agriculture Correspondent, reports on new proposals from the European Commission which looks set to propose the merging Common Agriculture Policy funding into a single fund. Francie Gorman, President of the Irish Farmers' Association, assesses the new proposals.
On today's podcast: 1) Nvidia surges to an all-time high on news it will resume Chip sales to China. US government officials told Nvidia they would green-light export licenses for the H20 artificial intelligence accelerator, according to the company. The move is seen as a "massive win" for Nvidia's Chief Executive Officer Jensen Huang, and is also viewed positively by Vey-Sern Ling, managing director at Union Bancaire Privee, who says it is "obviously positive" for Nvidia, the AI semiconductor supply chain, and China tech platforms.2) The European Union puts out new tariff targets if it can't reach a deal with the US. The European Union has finalized a list of countermeasures to target US goods worth €72 billion, including Boeing Co. aircraft, automobiles and bourbon. The list includes US machinery products, chemicals and plastics, medical devices, electrical equipment, wines and other agricultural goods, according to a document prepared by the European Commission. The EU trade chief Maros Sefcovic says the US tariff policy is "effectively prohibitive" to transatlantic trade, and the EU insists any settlement must be mutually beneficial to both sides.3) Big bank earnings begin with JPMorgan Chase, Wells Fargo, and Citi reporting. America’s biggest banks are heading into earnings season with tailwinds from trading and lending as they benefit from market volatility and steady borrowing costs. Investment banking may be a weak spot as sluggish closings offset a pickup in deal announcements, Bloomberg Intelligence said.See omnystudio.com/listener for privacy information.
Gabriel Callsen, Senior Director, FinTech and Digitalisation, gives an update on ICMA's engagement with innovation and tokenisation in capital markets, focusing on contributions to the European Commission's Savings and Investment Union consultation.
Ruari Ewing, Senior Director, Market Practice and Regulatory Policy, ICMA, narrates ICMA's response to the European Commission's SIU consultation questions on issuance (including PRIIPs).
Natalie Westerbarkey, Co-Head of Market Practice and Regulatory Policy, ICMA, outlines ICMA's response to the European Commission's consultation on EU capital markets integration, offering insights into key challenges and strategic recommendations.
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 Countries around the world are now caving to Trump's demands. It was just a matter of time before they did. They can not compete because the system only benefitted them and now they are trapped. The [CB] / Globalist system is over. The [DS] left a trap for Trump, it was called the Epstein files. They manipulated them and let them sit there. When the time was right, the [DS] was going to call for the release of the Epstein files, the files would be like the Russian collusion docs. I believe Trump exposed this before their plan would trap him again. The D's are going to push it and the people are going to ask question about it. The real investigation is happening behind the scenes. The [DS] tried to coverup their crimes by pardoning themselves, this just made it worse because the cover up always gets you in the end. Economy EU Won't Retaliate To Trump's 30% Tariff, Countermeasures On Hold Until August European Commission President Ursula von der Leyen said on July 13 that the European Union will extend a suspension on its countermeasures to U.S. tariffs until next month while trade negotiations continue with the Trump administration. The EU opted to take the second route. While speaking with reporters, von der Leyen said the suspension would extend until early August while the EU continues to “prepare further countermeasures” so it is “fully prepared.” The EU was also preparing a second package of countermeasures since May that would target roughly $84.2 billion of U.S. goods, but the final list requires approval by all EU member states and has not yet been made public. Source: zerohedge.com EU Globalists CAVE to Trump Administration, and Scrap Plans for Tax on US Digital Companies The Globalists at the European Commission finally dropped plans to impose a tax on digital companies, in a move that – all agree – translates as a victory for Donald Trump and US tech giants. Source: thegatewaypundit.com (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"); Political/Rights PURE GOLD: A Bathroom? Debbie Wasserman Schultz Says Inmates at Alligator Alcatraz Are Being Forced to “Brush Their Teeth Where They Poop” (VIDEO) Rep. Debbie Wasserman Schultz (D-FL) apparently doesn't poop in the bathroom, or she doesn't brush her teeth in the bathroom. It's not quite clear. Hopefully, it's the latter. For the record, they don't brush their teeth in or drink out of a toilet, but in a sink, which is somehow “attached” to the toilet, she said. Source: thegatewaypundit.com https://twitter.com/amuse/status/1944401616896917929 https://twitter.com/StephenM/status/1944423872759034168 JUST IN: CBP Commissioner Says Illegal Alien Arrested in California Pot Farm Raid is a Child Kidnapper and Molester but Trump Wants “Work Program” for Illegal Farmers Illegal farmer with convictions for kidnapping, attempted rape, and child molestation A Customs and Border Protection (CBP) commissioner revealed on Saturday that one of the illegal aliens arrested at a California pot farm on Thursday is a child predator, disproving leftists' claims that they were all innocent farm workers.
Ursula von der Leyen, the president of the European Commission, said that the European Union would not impose retaliatory tariffs on American goods before August 1st.
President Trump threatens the European Union with a 30 per cent tariff on exports into the U.S. starting on 1st August. However, Trump says a deal could be reached if the EU was willing to make concessions. The EU is holding off from any retaliatory measures for now but European Commission President Ursula Von Der Leyen says the bloc is preparing to target up to €90bn of U.S. products should negotiations fail. European futures dip but should avoid a severe sell-off as investors pin hopes on a settlement to be reached between Washington and Brussels.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Apple appeals A €500 million fine from the European Commission, the FCC looks to regain control of valuable 6GHz spectrum, and Belkin announces the sunset of support for Wemo. How to Contact us: How to Listen:
Last week, following months of negotiation and just weeks before the first legal deadlines under the EU AI Act take effect, the European Commission published the final Code of Practice on General-Purpose AI. The Code is voluntary and intended to help companies demonstrate compliance with the AI Act. It sets out detailed expectations around transparency, copyright, and measures to mitigate systemic risks. Signatories will need to publish summaries of training data, avoid unauthorized use of copyrighted content, and establish internal frameworks to monitor risks. Companies that sign on will see a “reduced administrative burden” and greater legal clarity, the Commission said. At the same time, both European and American tech companies have raised concerns about the AI Act's implementation timeline, with some calling to “stop the clock” on the AI Act's rollout.To learn more, Tech Policy Press associate editor Ramsha Jahangir spoke to Luca Bertuzzi, senior AI correspondent at MLex, to unpack the final Code of Practice on GPAI, why it matters, and how it fits into the broader rollout of the AI Act.
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.
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
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).
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