Wednesday, November 6

Domestic Politics

EU Invests In Western Balkan States, Discusses Enlargement Plans
9Jul By Steve BerlinNo Comments
Europe, EU, Eurozone, Globalization, Global Disintegration, Types of News: Brief

EU Invests In Western Balkan States, Discusses Enlargement Plans

German Leader Angela Merkel hosts the 2021 Berlin Process in a virtual meeting. Angela Merkel Hosts 8th Annual Berlin Process Engaging Western Balkans July 7, 2021-European Union leaders said they are encouraged by the progress Western Balkan countries are making in pursuit of EU membership. Writing on Twitter, EU President Ursula von der Leyen said the EU needs to “speed up the enlargement process.” She also said the process aids the applicants. The EU restated its commitment to helping the Western Balkans with post-pandemic economic recovery efforts via infrastructure investments, as well as financial and technical assistance among other avenues. Berlin Process for Admission The Berlin Process is the lengthy path to EU membership for Albania (applied 2009), Bosnia and Herz...
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8Jul By Steve BerlinNo Comments
Corruption, Bribes, Illicit Finance & Money Laundering, Domestic Politics, Types of News: Brief, United States

Biden Extends Emergency Designation On Transnational Criminal Organizations

July 8, 2021—U.S. President Joe Biden extended a previous national emergency designation regarding the continued threat of transnational criminal organizations to U.S. national security and private interests. The White House’s announcement said transnational criminal organizations "continue to pose an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States." The order allows the U.S. government to block property of organizations involved in criminal activities in two or more countries. Extension of Obama Executive Order The declaration is actually a continuation of executive order 13581 first issued by President Barack Obama in 2011 and continued in 2016. That order named the following organizations: The Brothers' Circle, Camorra...
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EU Presses Hungary To Restore Rule of Law, Human Rights
8Jul By Steve BerlinNo Comments
Corruption, Bribes, Illicit Finance & Money Laundering, Democracy, Domestic Politics, Europe, EU, Eurozone, Types of News: Brief

EU Presses Hungary To Restore Rule of Law, Human Rights

European Parliament debates a Hungarian law blocking broadcasts that include homosexuals. July 8, 2021. Source: European Commission. European Lawmakers Grow Increasingly Discontent Over Dismantling of Democracy in Hungary July 8, 2021--Six months into a new law linking EU funds to a condition requiring members to uphold the rule of law, European lawmakers are primed to use the new power in a case against member-state Hungary. Today, the European Parliament voted in favor of a resolution condemning Hungary for "state-sponsorship" of censorship against homosexuals. The vote of 459 for, 147 against and 58 abstentions came as a new Hungarian law banning depictions of homosexuals in media took effect. Today's resolution condemns "in the strongest possible terms" the Hun...
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Biden Orders Review of Supply Chain, Promises to Increase Domestic Production
27Feb By Patti MohrNo Comments
Global Trade, Types of News: Brief, United States

Biden Orders Review of Supply Chain, Promises to Increase Domestic Production

Feb. 27, 2021--Since the beginning of the COVID-19 pandemic, businesses and consumers around the world have faced shortages of food, medical supplies and prescriptions, industrial parts, and consumer staples. Supply chain interruptions, manufacturing delays and export restrictions have all impacted the way the world trades its goods. Policymakers are taking note, and the United States is no exception. Executive Order on Supply Chains This week, President Joe Biden ordered an administration-wide review of supplies for multiple industries, including semiconductors, high-capacity batteries, critical minerals and materials, such as rare earth elements, and pharmaceuticals. "We shouldn’t have to rely on a foreign country — especially one that doesn’t share our interests or our v...
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Europe Agrees on 2030 Emissions Targets, Changes to Energy and Transport Sectors
11Dec By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Energy Policy, Oil & Gas, Europe, EU, Eurozone, Types of News: Brief

Europe Agrees on 2030 Emissions Targets, Changes to Energy and Transport Sectors

Dec. 11, 2020--A year after introducing the Green New Deal, the European Council agreed today to targets for reducing greenhouse gas emissions within the next decade. The plan envisions cutting emissions by 55 percent of 1990 levels by 2030. The deal requires significant changes to the energy and transportation sectors. It also calls for investment in energy-efficient buildings and infrastructure for electric cars. European Commission President Ursula von der Leyen said the agreement "future-proofs" the European Union. "Today's agreement puts us on a clear path towards climate neutrality in 2050. It gives certainty to investors, to businesses, to public authorities and to citizens," von der Leyen said in remarks given after the European Council meeting today. Leaders emerge fr...
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‘America Is Back,’ Biden Says, Promising Renewed Global Ties
11Nov By Patti MohrNo Comments
Diplomacy, Domestic Politics, Types of News: Brief, United States

‘America Is Back,’ Biden Says, Promising Renewed Global Ties

November 11, 2020--A week after the U.S. national election, Joe Biden, the presumptive president-elect, said he is beginning to renew U.S. ties with global partners and institutions and is confident he can work with a bipartisan Congress on achieving results. Biden won victories in a high enough number of states to reach the magic 270 electoral votes needed to make the election official in December. Since most media outlets named Biden the president-elect over the weekend, he has taken calls from at least six foreign leaders, including those representing the United Kingdom, France, Germany, Canada and Turkey. New Tone in Washington Biden said he is telling his counterparts the United States will reengage with the world under a Biden presidency. "First of all, I'm letting them kno...
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Aiming to Attract Foreign Business and Visitors, UAE Eases Islamic Laws
8Nov By Patti MohrNo Comments
Domestic Politics, Global Economics, Political Systems, Domestic Politics, Types of News: Brief

Aiming to Attract Foreign Business and Visitors, UAE Eases Islamic Laws

November 8, 2020--In an effort to attract foreign capital, business and tourists, the United Arab Emirates announced plans on Saturday to ease up on Islamic Laws governing citizens and non-citizens. The changes come as COVID-19 and low oil prices impact the global economy. For the UAE alone, the IMF projects a 6.6 percent economic contraction in 2020 and a growth of 1.3 percent for 2012. Laws Governing Personal Status Officially, the the state-run Emirates News Agency (WAM) reported the changes. The site announced that UAE President Khalifa bin Zayed Al Nahyan approved changes to Federal Law-Decrees on "Personal Status, Civil Transactions, Penal Code and Criminal Procedural laws." According to reporting by the Associated Press, the changes amount to "a major overhaul" of Islami...
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As US-China Digital Battle Begins, Global Tech Firm Tencent Holdings Hires U.S. Lobbyist
18Aug By Patti MohrNo Comments
Big Tech, Digital Economy, Globalization, Global Disintegration, Types of News: Brief, United States

As US-China Digital Battle Begins, Global Tech Firm Tencent Holdings Hires U.S. Lobbyist

August 18, 2020--As the United States and China begin to battle over the use digital technologies by consumers, Tencent Holdings, a Chinese-based multinational technology company that owns the social media app WeChat, hired a law firm to lobby the U.S. government. Paul, Weiss, Rifkind, Wharton & Garrison a global law firm headquartered in New York, filed a lobbying disclosure filed on August 7 with the Senate. According to the disclosure, the firm intends to represent Tencent, its largest shareholder Naspers Limited, and WeChat in the areas of consumer issues/safety/protection, media and trade. The firm's chief lobbyist on behalf of Tencent is Roberto Gonzalez, an attorney specializing in high-stake litigation, economic sanctions and export controls. Gonzalez has held senior posi...
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In the Midst of Pandemic, China Sets Economic Growth Target Aside
22May By Patti MohrNo Comments
Domestic Politics, Global Economics, Types of News: Brief

In the Midst of Pandemic, China Sets Economic Growth Target Aside

May 22, 2020--As Chinese Premier Li Keqiang delivered the government's work report at the start of China's 13th National People's Congress, one thing was notably missing: a target for economic growth. For decades, China's strength has come from a nearly single-pointed focus on increasing the size of its economy. Today, as its nation's leaders gather in the Great Hall of the People for their annual legislative session, the focus is on recovering from the ongoing blows of the COVID-19 pandemic. "The COVID-19 epidemic is the fastest spreading, most extensive, and most challenging public health emergency China has encountered since the founding of the People's Republic," Mr. Li said as he delivered his address to delegates. "At present, the epidemic has not yet come to an end, while th...
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15May By Patti MohrNo Comments
Currency, Debt, National Budgets & Interest Rates, Domestic Politics, Types of News: Brief, United States

U.S. House Primed to Vote on Massive $3 Trillion Stimulus

May 15, 2020-The U.S. House is scheduled to vote today on a new supplemental spending bill for the current fiscal year. It's the fifth in a series of COVID-19 related stimulus bills, and it is massive in both physical size and its $3 trillion expense. Called the HEROS Act, the 1,815-page bill would extend unemployment benefits to furloughed workers for an additional six months, provide direct payments to businesses, give additional checks worth up to $1,200 for individuals, provide health care to unauthorized immigrants, financial support to farmers, renters and workers and $1 trillion for states and local governments. The Congressional Budget Office, which normally provides estimates for spending bills, has not published a report on the bill. Partisan Support Democrats are sp...
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