Business

 

Calls for ECB to Combat Financial Crimes

MEPs on Wednesday asked the European Central Bank to step up its green credentials and address growing financial technology challenges. The resolution, setting out Parliament’s priorities on the European Central Bank‘s (ECB) future policies, spearheaded by Kostas Mavrides (S&D, CY), was approved on Wednesday by 452 votes in favour, 142 against and 33 abstentions following…

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New EIB Investment in Oncology

The European Investment Bank (EIB) has agreed to provide €40 million to ITM Isotopen Technologien München AG (ITM), a company dedicated to the development, production and global supply of innovative diagnostic and therapeutic radiopharmaceuticals for use in Precision Oncology.  ITM will use the fresh funds for investments in research and development of a proprietary portfolio of…

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Lebanon’s Central Bank Governor under political attack

The international community might initially have been relieved that Lebanon finally has a government, after over 100 days of protest and a time of great economic turmoil for the country. There is indeed a government led by Sunni technocrat Hassan Diab, which is a coalition of Hezbollah, Amal and the Free Patriotic Movement (FPM). However,…

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Defence

 

Respect Taiwan

After her election victory on 11 January, Taiwan President Tsai Ing-wen said in an interview: “We are an independent country already and we call ourselves the Republic of China (Taiwan).”  She also said China needs to show Taiwan respect.  However, four days later on 15 January, the permanent mission of the People’s Republic of China to the…

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EU-US Defence Co-operation: “A Minefield of Opportunity”

Paul Taylor, Senior Fellow of Friends of Europe. The United States should wholeheartedly embrace EU initiatives to strengthen European and NATO defence capabilities and offer joint incentives for transatlantic industrial collaboration instead of niggling over the rules of the EU’s defence fund (EDF), a new report urges. The study by journalist and researcher Paul Taylor…

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PS752 downing: intercepted tower communications released

The Newswire TSN-Tyzhden has released control tower communications from Tehran Airport proving that Iran was aware of the missile launch that fatally shot down UIA fight PS752. According to news wire services, the record proves that the Iranians saw the missile from the moment it was launched and to the very moment it hit the…

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Foreign Affairs

 

Respect Taiwan

After her election victory on 11 January, Taiwan President Tsai Ing-wen said in an interview: “We are an independent country already and we call ourselves the Republic of China (Taiwan).”  She also said China needs to show Taiwan respect.  However, four days later on 15 January, the permanent mission of the People’s Republic of China to the…

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Azerbaijan Poised to Accelerate Reforms Following Parliamentary Elections

Azerbijan’s governing party has emerged victorious in a snap parliamentary election called by President Ilham Aliyev to consolidate power and speed up economic reforms by replacing the old guard associated with his father. Candidates from the ruling Yeni Azerbaijan (New Azerbaijan) party won about 65 of 125 seats in the single-chamber parliament. A host of…

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Lebanon’s central bank is “a stable point in a country in convulsion”

Leading French economist Nicolas Bouzou, director of the economic research company Asterès, wrote in today’s Les Echos about what the West can learn Lebanon’s current economic situation.  According to Bouzou, we can look at the deterioration in Lebanon to understand what can happen when a country accumulates decades of non-existing or failing public policies. Bouzou also singles out…

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Politics

 

Greens Score Their Best Election Result Yet in Eire

On February 8th Irish citizens were called to the voting booths to elect a new parliament through general elections.  While final results are still to be announced, the Irish Green Party – An Comhaontas Glas is already ensured to score its best result ever, more than doubling its 2016 result.  The Green Party is set to become…

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Azerbaijan Poised to Accelerate Reforms Following Parliamentary Elections

Azerbijan’s governing party has emerged victorious in a snap parliamentary election called by President Ilham Aliyev to consolidate power and speed up economic reforms by replacing the old guard associated with his father. Candidates from the ruling Yeni Azerbaijan (New Azerbaijan) party won about 65 of 125 seats in the single-chamber parliament. A host of…

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Politics of the Corona Virus?

Concern has been voiced about the impact on Taiwan of the coronavirus and serious questions have been asked about the country’s exclusion from taking part in international efforts to tackle the deadly disease. The virus has killed more than 210 people and more than 9,000 confirmed cases mainly in China. There have also been 9…

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