The U.S. and European Union will cooperate more on technology regulation, bilateral trade and industrial development after President Biden’s visit. The Western allies are hoping to better compete with China and Russia in developing and protecting emerging technologies. A new high-level Trade and Technology Council was unveiled on Tuesday. The

On Monday, the EU agreed to postpone plans to raise tariffs on American goods, including whiskeys, motorcycles, boats, and other items. The plan was set to take effect on June 1 but has now been pushed back due to the start of negotiation talks with the Biden administration that seek

The European Union was quick to create innovations during the Covid-19 pandemic, successfully cranking out a series of developments aiming to protect individuals and combat the public health crisis. EU leaders are currently finalizing plans to release almost $1 trillion into the EU’s struggling economy in order to reshape industrial

TikTok, which is owned by the Chinese company ByteDance, is currently being sued for billions of dollars over allegedly mishandling and using data pertaining to minors. Internal company data from July 2020 found that 18 million of TikTok’s total 800 million worldwide users are aged 14 years or younger. The

The EU has brought forth new proposals that regulate the usage of artificial intelligence, facial recognition for surveillance, or algorithms that manipulate human behavior. The wide-ranging proposals were leaked ahead of their official publication. The proposal has been criticized for its identification of high-risk AI, but also praised for its

On Thursday, the European Union released another statement regarding Russia’s build-up of activity in Crimea, calling it a violation of international humanitarian law. For strategic context on the meaning of this activity and what business leaders should do about it see: C-Suite Considerations Regarding Current Geopolitical Tensions The statement claims

The World Health Organization (WHO) has criticized Europe’s Covid-19 vaccine rollout, calling the effort “unacceptably slow.” The situation in the region has become more concerning, according to the organization, as vaccination campaigns are hit with more delays dispute the number of infections rising. France has recently implemented new lockdown measures

After a row with AstraZeneca, the European Union leaders have not banned vaccine exports. The AstraZeneca vaccine has elements produced in EU states and the European Commision President said AstraZeneca must “catch up” on deliveries to the EU. At a summit on Thursday the EU gave support in principle for

The US, Canada, and their European allies have levied sanctions against Chinese officials in collective action in response to China’s treatment of Uyghur Muslims and significant human rights violations. The coordinated blacklisting is part of the Biden administration’s efforts to forge coalitions against Beijing for several different conflicts. The European

Italy has blocked the export of the Covid-19 vaccine created by AstraZeneca to Australia in coordination with the European Union. The move reflects growing frustration in Europe over vaccine shortages and slow deliveries. Australia is now considered a nonvulnerable country in terms of the Covid-19 pandemic and therefore the EU