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Posted on 28-07-2021

Advancing democracy in the world: EU-US Explainer

28-07-2021

As the pandemic adds to the pressure on democracy worldwide, there is a growing sense of the urgent need to protect democracy and its institutions in a concerted and coordinated manner. On both sides of the Atlantic, growing domestic threats to democracy have added to the external challenges, but also offer global momentum for stronger democratic alliances. In their June 2021 joint summit statement, the EU and the US pledged to support democracy across the globe. As international flagships of democracy ...

As the pandemic adds to the pressure on democracy worldwide, there is a growing sense of the urgent need to protect democracy and its institutions in a concerted and coordinated manner. On both sides of the Atlantic, growing domestic threats to democracy have added to the external challenges, but also offer global momentum for stronger democratic alliances. In their June 2021 joint summit statement, the EU and the US pledged to support democracy across the globe. As international flagships of democracy, meanwhile, both the European Parliament and the US Congress are strongly engaged in advancing democracy in third countries.

External author

European Parliament Liaison Office in Washington DC

Regulation of the digital sector: EU-US Explainer

28-07-2021

With online platforms and markets enmeshed in our societies and economies, the need to revisit and update existing digital regulations is becoming increasingly apparent. The debate around these reforms in the US, the EU and elsewhere touches on fundamental questions of privacy, transparency and free speech and the dynamic between private firms and governmental oversight is complex. While online platforms play a salient role in daily life, both the US and the EU continue to operate with regulations ...

With online platforms and markets enmeshed in our societies and economies, the need to revisit and update existing digital regulations is becoming increasingly apparent. The debate around these reforms in the US, the EU and elsewhere touches on fundamental questions of privacy, transparency and free speech and the dynamic between private firms and governmental oversight is complex. While online platforms play a salient role in daily life, both the US and the EU continue to operate with regulations dating back over a generation. As significant challenges regarding illegal and harmful online content and moderation liability continue to have real world effects today, both the EU and the US are currently considering precedent-setting updates.

External author

European Parliament Liaison Office in Washington DC

Bilateral trade: EU-US Explainer

28-07-2021

The EU and the US are each other's biggest economic partners, but have not yet been able to conclude a free trade agreement. Politically sensitive bilateral trade issues include US access to EU agricultural markets, EU access to US public procurement markets, data privacy regulations, climate policies, and taxation and regulation of major − chiefly American − digital service providers in the EU market.

The EU and the US are each other's biggest economic partners, but have not yet been able to conclude a free trade agreement. Politically sensitive bilateral trade issues include US access to EU agricultural markets, EU access to US public procurement markets, data privacy regulations, climate policies, and taxation and regulation of major − chiefly American − digital service providers in the EU market.

External author

European Parliament Liaison Office in Washington DC

Resilient supply chains in the green transition: EU-US Explainer

28-07-2021

The green transition will increase demand for critical minerals, high capacity batteries, and semiconductors. An electric vehicle requires six times more critical minerals than a conventional car, while an onshore wind power plant requires nine times more critical minerals than a comparable gas-fired plant. Likewise, the lithium-ion battery market is expected to become five to ten times larger by 2030 on account of demand for electric vehicles and stationary storage. Meanwhile, semiconductors underpin ...

The green transition will increase demand for critical minerals, high capacity batteries, and semiconductors. An electric vehicle requires six times more critical minerals than a conventional car, while an onshore wind power plant requires nine times more critical minerals than a comparable gas-fired plant. Likewise, the lithium-ion battery market is expected to become five to ten times larger by 2030 on account of demand for electric vehicles and stationary storage. Meanwhile, semiconductors underpin virtually every technology, giving them industrial and national security significance. Dependence on a few countries (e.g. China) for these critical inputs and technologies has sparked interest in policies to increase supply chain resilience, for instance through greater domestic production. As the EU and US face similar challenges, in June 2021 they agreed to establish the EU-US Trade and Technology Council, which will also address cooperation on supply chains.

External author

European Parliament Liaison Office in Washington DC

Posted on 16-07-2021

Study in focus: Shadow Banking: what kind of Macroprudential Regulation Framework?

16-07-2021

This publication summarises the key findings of the original study on Shadow banking. Shadow banking is a form of bank-like intermediation where regulatory standards are looser than for regular banks. It includes money market funds and other funds using leverage, securities and derivatives dealers, securitisations, securities financing transactions and derivatives, as well as new players like digital lenders and stablecoins. This document was provided by the Policy Department for Economic, Scientific ...

This publication summarises the key findings of the original study on Shadow banking. Shadow banking is a form of bank-like intermediation where regulatory standards are looser than for regular banks. It includes money market funds and other funds using leverage, securities and derivatives dealers, securitisations, securities financing transactions and derivatives, as well as new players like digital lenders and stablecoins. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON).

External author

Andrea RESTI, Marco ONADO, Mario QUAGLIARIELLO and Phil MOLYNEUX

Posted on 15-07-2021

What if we could fight coronavirus by pooling computing power?

15-07-2021

Distributed computing has accelerated COVID-19 research in molecular dynamics as it allows people to make their computers voluntarily available to scientists for virtually screening chemical compounds in an effective manner.

Distributed computing has accelerated COVID-19 research in molecular dynamics as it allows people to make their computers voluntarily available to scientists for virtually screening chemical compounds in an effective manner.

Posted on 14-07-2021

US and NATO leave Afghanistan: What next?

14-07-2021

Following the terrorist attacks on 11 September 2001, United States (US) counterterrorism efforts began to focus on Afghanistan. The Taliban, which controlled most of Afghanistan in 2001, hosted al-Qaeda and its leader, Osama bin Laden, the mastermind of the 9/11 attacks. During a 20-year military campaign, the US and its allies sought to eliminate the Taliban's ability to provide sanctuary to international terrorists and stabilise the country with the help of a democratically elected government. ...

Following the terrorist attacks on 11 September 2001, United States (US) counterterrorism efforts began to focus on Afghanistan. The Taliban, which controlled most of Afghanistan in 2001, hosted al-Qaeda and its leader, Osama bin Laden, the mastermind of the 9/11 attacks. During a 20-year military campaign, the US and its allies sought to eliminate the Taliban's ability to provide sanctuary to international terrorists and stabilise the country with the help of a democratically elected government. The peace agreement the US signed with the Taliban in 2020 paved the way for the withdrawal of US and NATO troops. Shortly after taking office, US President Joe Biden announced in April 2021 that all US troops would leave Afghanistan by 11 September 2021. All allied troops will also leave the country by that deadline. In recent months, the Taliban have re-established control over half of the districts in the country, raising concerns about the future of Afghanistan once foreign troops leave.

At a glance note for Research for PECH committee: Impacts of the COVID-19 pandemic on EU fisheries and aquaculture

14-07-2021

This study analyses the effects of COVID-19 on the EU fisheries and aquaculture sectors from March to December 2020. It gives an overview of the main effects experienced at EU level and develops eight case studies (Spain, Denmark, France, Italy, Sweden, Greece, Portugal and Bulgaria). The research also provides conclusions and policy recommendations to strengthen the sector’s resilience to shocks, and to address current vulnerabilities in view of potential similar events. The study was commissioned ...

This study analyses the effects of COVID-19 on the EU fisheries and aquaculture sectors from March to December 2020. It gives an overview of the main effects experienced at EU level and develops eight case studies (Spain, Denmark, France, Italy, Sweden, Greece, Portugal and Bulgaria). The research also provides conclusions and policy recommendations to strengthen the sector’s resilience to shocks, and to address current vulnerabilities in view of potential similar events. The study was commissioned by the European Parliament’s Policy Department for Structural and Cohesion Policies, at the request of the PECH Committee.

External author

Cogea: Alessandro PITITTO, Diletta RAINONE, Valentina SANNINO AND International: Tanguy CHEVER, Lucas HERRY, Sibylle PARANT, Safa SOUIDI CETMAR: Marta BALLESTEROS, Rosa CHAPELA, José L. SANTIAGO

Posted on 12-07-2021

Security situation in Mozambique

12-07-2021

Since 2017, a relatively unknown Islamic group has staged a destabilising insurgency against the Mozambican government forces and the local population in the predominantly Muslim northern province of Cabo Delgado. Off the provincial coast, huge gas extraction projects have been launched in a bid to revitalise the national economy, crippled by external debt. So far, the army has proved relatively ineffective in dealing with the insurgency. The government has asked external partners for support, including ...

Since 2017, a relatively unknown Islamic group has staged a destabilising insurgency against the Mozambican government forces and the local population in the predominantly Muslim northern province of Cabo Delgado. Off the provincial coast, huge gas extraction projects have been launched in a bid to revitalise the national economy, crippled by external debt. So far, the army has proved relatively ineffective in dealing with the insurgency. The government has asked external partners for support, including in training and logistics.

A second chance for Armenia after elections?

12-07-2021

The 2018 Velvet Revolution installed Nikol Pashinyan as prime minister of Armenia. By 2020, Pashinyan's reform drive, already running out of momentum, hit two major obstacles: the coronavirus pandemic and, above all, a brief but disastrous war with Azerbaijan. Despite the trauma of defeat, in June 2021 voters gave Pashinyan a second chance, in elections seen as a positive sign for the country's future.

The 2018 Velvet Revolution installed Nikol Pashinyan as prime minister of Armenia. By 2020, Pashinyan's reform drive, already running out of momentum, hit two major obstacles: the coronavirus pandemic and, above all, a brief but disastrous war with Azerbaijan. Despite the trauma of defeat, in June 2021 voters gave Pashinyan a second chance, in elections seen as a positive sign for the country's future.

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