CAMBRIDGE – Everybody seems to agree that data will play a fundamental role in the economy of the future, whether through health discoveries, smart energy grids, autonomous vehicles, or other areas of innovation. The problem is that nobody knows precisely how the new forms of economic value will be created, who will benefit, or what the regulatory response should be. In addition to enthusiasm about the power of big data, there are growing concerns about its potential to be abused, including in the case of facial recognition and other applications that involve a significant erosion of privacy.
LONDON – At first blush, the result of the European Parliament election in May, and the subsequent nomination of the European Union’s new leadership team, augur continuity and not disruption for the bloc. Nationalist parties failed to make any significant gains in the election, and then large Western European status quo powers hand-picked federalists for the top EU jobs.
BRUSSELS, June 12: Italy should present a credible fiscal path for this year and next if it still wants to avoid European Union disciplinary action over its rising public debt, European Economics Commissioner Pierre Moscovici said on Wednesday.
CAIRO, Feb 14: Saudi Arabia said it regrets the European Commission’s decision to include the country in a blacklist of nations seen as posing a threat to the bloc because of lax controls against terrorism financing and money laundering, a statement published by Saudi Press Agency said early on Thursday.
LONDON, Nov 15: Britain's cabinet has backed Theresa May's EU withdrawal agreement, the prime minister has confirmed. She said that the deal is the best that could be negotiated and is in the interest of the country.