Failure to comply with the commitments exposes the sector to accusations of image greenwashing, or greenwashingABE noted on Thursday in its quarterly risk assessment. The warning comes amid a crackdown on the asset management industry that has led to more than $140 billion in funds being downgraded from the EU’s top-ranked environmental, social and governance […]
Tag: European Union
The European Union norm to limit damages from foreign subsidies is already in force
The regulation of the European Union to limit distortions caused by foreign subsidies came into force this Thursday, with the idea that the EU remains open to trade and investment while guaranteeing a level playing field for all companies. The regulation was proposed by the Commission in May 2021 and approved by the European Parliament […]
A large deposit of rare earths is discovered in Sweden
Sweden announced Thursday the discovery of the rare earth deposit “larger” known so far in Europea small step towards a greater autonomy of the EU about Chinawhich leads the supply of these essential metals for the green transition. “This is the largest known deposit of rare earth elements in our part of the world, and […]
EU and NATO unite in the face of competition from China and threats to infrastructure
The European Union (EU) and the NATO will expand their cooperation in the face of increased geostrategic competition, mainly from China and to better protect its critical infrastructures in the context of the Russian war in Ukraine, with the signing on Tuesday of a new joint declaration that underlines that the Alliance is “essential” for […]
Summit of EU-Latin America leaders will be held in July
The summit of leaders of the European Union (EU) and of Latin America and the Caribbean scheduled in Brussels during the Spanish European presidency will be held next July, as announced on Monday by the Spanish Foreign Minister, José Manuel Albares. Albares advanced the date of the celebration of that meeting in his speech before […]
European economy in “very difficult situation”, says ECB vice president
“The high inflation rates we are seeing across Europe coincide with an economic slowdown and low growth”, he told the Spanish Confederation of Associations of Young Entrepreneurs (CEAJE) in a December 16 interview published Tuesday on the ECB website. In addition, he stressed the importance of both individuals and companies being prudent and focusing on […]
The EU again cuts its corn and wheat harvest forecasts for 2022
The European Comission on Thursday cut its forecast for this year’s corn crop in the drought-hit European Union by more than a million tonnes. LOOK HERE: Restaurants: about 3,000 more establishments could be installed in Miraflores in 2023 In the supply and demand data, the Commission lowered its estimate of usable maize production in the […]
The EU faces 2023 with one foot in recession
The European Union (EU) faces a difficult 2023 in the field of gas supply, in an already deteriorated economic context, with recession drums to the rhythm of galloping inflation, exorbitant energy prices and interest rate hikes decreed by the European Central Bank ( ECB). LOOK HERE: Experts differ on covid booster vaccine guidelines The economic […]
Digital Services Law: Internet more secure, more reliable and more censored?
The new Digital Services Law that prepares the European Union (EU) It aims to ensure a safer, more reliable internet, combat hoaxes and disinformation or harmful and illegal content, but to achieve this, some voices warn that greater censorship will also be imposed. The agreement on the new Law -which will not enter into force […]
EU sees the resurgence of chemical weapons among “the most serious threats to peace”
The European Union (EU) assured that the resurgence of the use of chemical weapons in recent years constitutes “one of the most serious threats to peace and security”, marking the twenty-fifth anniversary of the entry into force of the Chemical Weapons Convention, which took place on April 29, 1997. The event comes at a time […]