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Oct 28 2024POLITICS

Georgia's President Sparks Controversy Over Election Results

Georgia's President, Salome Zourabichvili, is causing a stir by refusing to accept the results of the recent parliamentary elections. She claims that the ruling party, Georgian Dream, won through deception. This is a significant issue because Georgia is at a crossroads, deciding whether to align wit

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Oct 27 2024BUSINESS

Why Are European Low-Cost Flights So Cheap and Profitable?

Ever wondered why European budget airlines are so successful? It's not just about the airlines themselves. The European Union (EU) has played a big role in making flights cheaper and more accessible for everyone. In Europe, flying short distances, like three hours, can cost as little as €15. That's

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Oct 26 2024FINANCE

Germany's Finance Minister Warns: Trade Disputes Hit Every Side

Germany's finance minister, Christian Lindner, has a clear message: if the U. S. starts a trade war with the European Union (EU), Germany is ready to fight back. Speaking at the International Monetary Fund's annual meeting in Washington D. C. , Lindner said that trade disputes don't have winners, on

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Oct 25 2024BUSINESS

Intel's EU Fine from 2009: A Chapter Closed

Back in 2009, Intel faced a hefty fine of €1. 06 billion (around $1. 45 billion back then) from the EU for abusing its market power. The European Commission accused Intel of offering unfair discounts to computer manufacturers who used Intel's chips, a practice known as "conditional rebates. " The Co

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Oct 24 2024BUSINESS

Supernova Airlines Aims for US and China Flights after EU Permit

Supernova Airlines, a Ukrainian airline, has been granted permission to operate within European Union airspace. This authorization came from the European Union Aviation Safety Agency (EASA). However, commercial flights in Ukraine's airspace remain closed due to ongoing conflicts. Timur Tkachenko, a

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Oct 21 2024POLITICS

Moldova's EU Path: A Close Call Amid Controversy

In a nail-biting referendum, Moldova has voted to join the EU by a very narrow margin. With more than 1. 4 million votes counted, 50. 39% supported the "Yes" side. This close outcome is a big deal for Moldova's pro-Western government, especially after a heated campaign filled with claims of voter fr

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Oct 19 2024POLITICS

Moldova's Big EU Decision: What's Really at Stake?

Moldova is at a crossroads. Voters are deciding whether to lean towards the European Union (EU) or not. Recent polls show that about half of the voters (53 percent according to one survey) are for joining the EU. But there's a twist. Moldova is also voting for its president, Maia Sandu, who's curren

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Oct 18 2024TECHNOLOGY

AI Compliance: First Test of EU AI Act with LatticeFlow's LLM Framework

Ever wondered how well Big AI follows the rules? LatticeFlow, a startup from ETH Zurich, is taking a stab at answering that question. They've created a way to measure if AI models stick to the European Union's new AI law. This law is like a set of rules for AI apps, and it's now in effect. But how d

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Oct 18 2024POLITICS

Czech Republic's Russian Oil Imports: Aid to Ukraine Comparison

A recent report shows that one of Ukraine's allies, the Czech Republic, has been spending big bucks on Russian oil and gas. In fact, they've spent five times more on Russian energy than they have on aid to Ukraine since the invasion started. This isn't just money, but it's also helping to keep the K

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Oct 15 2024BUSINESS

Europe's Tech Leaders Push for Unified Startup Body

Imagine a single entity that could boost Europe's tech scene by making it easier for startups to navigate and grow. That's the idea behind EU Inc, a unified startup body supported by some of Europe's top tech leaders. Patrick Collison of Stripe, Taavet Hinrikus of Wise, and Eléonore Crespo of Pigmen

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