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Global Gateway
The Global Gateway Initiative is a worldwide strategy by the European Union to invest in infrastructure projects and establish economic partnerships, based on certain principles. The project was initiated by the EU Commission, under the leadership of Ursula von der Leyen. It is part of the current plans for European strategic autonomy, and establishing bigger, more democratic and more sustainable trade networks for Europe and its partners. The initiative is also seen as an alternative or rivalry to the Chinese Belt and Road Initiative, which EU leaders heavily criticised because of human rights abuse concerns and economic risks, disadvantages and a one-sided trade relation. The EU wants to encourage links, and not dependencies, according to Ursula von der Leyen. As of December 2022, Global Gateway has been criticized for failing to provide concrete details on projects and drawing heavily on already-existing programmes. Objectives As part of its trade relations, the EU sees Globa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EU Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
InvestEU
The InvestEU Programme, until 2021 known as the European Fund for Strategic Investments (EFSI), also called the Juncker Plan, is an initiative of EIB Group and the European Commission aimed at boosting the economy through mobilising private financing for strategic investments. EFSI was established in 2015 through an EU Regulation 2015/1017 of the European Parliament The European Parliament (EP) is one of the legislative bodies of the European Union and one of its seven institutions. Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it adopts ... and of the Council of 25 June 2015 on the European Fund for Strategic Investments, the European Investment Advisory Hub and the European Investment Project Portal and amending Regulations (EU) No 1291/2013 and (EU) No 1316/2013 — the European Fund for Strategic Investments. EFSI is one of the three pillars of the Investment Plan for Europe. EFSI is a EUR 16 billion guara ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Partnership For Global Infrastructure And Investment
The Partnership for Global Infrastructure and Investment (PGII) is a collaborative effort by Group of Seven to fund infrastructure projects in developing nations based on the trust principles of the Blue Dot Network. It is considered to be the bloc's counter to China's Belt and Road Initiative and a key component of the "Biden Doctrine". History The partnership plan was announced for the first time in June 2022 during the 48th G7 summit in Germany. According to an article by Center for Strategic and International Studies, PGII is the repackaged version of the Build Back Better World (B3W) initiative which President Biden announced at the 47th G7 summit in the United Kingdom. Blue Dot Network The Blue Dot Network (BDN) is a multi-stakeholder initiative formed by the United States, Japan, and Australia to provide assessment and certification of infrastructure development projects worldwide on measures of financial transparency, environmental sustainabi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Build Back Better World
Build Back Better World (B3W) is an initiative undertaken by the G7. Launched on June 12, 2021, it would provide an alternative to China's Belt and Road Initiative (BRI) for infrastructure development of low- and middle-income countries. The initiative seeks to address the $40 trillion worth of infrastructure needed by developing countries by 2035. The initiative aims to catalyze funding for quality infrastructure from the private sector and will encourage private-sector investments that support "climate, health and health security, digital technology, and gender equity and equality". The initiative builds on the Blue Dot Network, a co-opted collaboration that aims to build a global network through lending-based financing to build roads, bridges, airports, ports, power plants. Standards and principles The B3W efforts are in line with the standards and principles of the Blue Dot Network (BDN), relating to the environment and climate, labor and social safeguards, financing, cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Center For Global Development
The Center for Global Development (CGD) is a nonprofit think tank based in Washington, D.C., and London that focuses on international development. History It was founded in November 2001 by former senior U.S. official Edward W. Scott, director of the Peterson Institute for International Economics, C. Fred Bergsten, and Nancy Birdsall. Birdsall, the former vice president of the Inter-American Development Bank and former director of the Policy Research Department at the World Bank, became the center's first president. Lawrence Summers was unanimously elected in March 2014 by the CGD Board of Directors to succeed founding Board Chair Edward Scott Jr., on May 1, 2014. CGD was ranked the 13th most prominent think tank in the international development sphere by University of Pennsylvania's "2015 Global Go To Think Tank Index Report". In 2009, ''Foreign Policy'' magazine's Think-Tank Index listed CGD as one of the top 15 overall think-tanks in the US. CGD's stated mission is " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South China Morning Post
The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remained Hong Kong's newspaper of record since British colonial rule. Editor-in-chief Tammy Tam succeeded Wang Xiangwei in 2016. The ''SCMP'' prints paper editions in Hong Kong and operates an online news website. The newspaper's circulation has been relatively stable for years—the average daily circulation stood at 100,000 in 2016. In a 2019 survey by the Chinese University of Hong Kong, the ''SCMP'' was regarded relatively as the most credible paid newspaper in Hong Kong. The ''SCMP'' was owned by Rupert Murdoch's News Corporation from 1986 until it was acquired by Malaysian real estate tycoon Robert Kuok in 1993. On 5 April 2016, Alibaba Group acquired the media properties of the SCMP Group, including the ''SCMP''. In January 2017, former D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Build Back Better Plan
The Build Back Better Plan or Build Back Better agenda was a legislative framework proposed by U.S. president Joe Biden between 2020 and 2021. Generally viewed as ambitious in size and scope, and even after it was reduced in size, it became the largest nationwide public investment in social, infrastructural, and environmental programs since the 1930s Great Depression-era policies of the New Deal. The Build Back Better plan was divided into three parts: * American Rescue Plan (ARP), a COVID-19 pandemic-relief bill; * American Jobs Plan (AJP), a proposal to address long-neglected infrastructure needs and reduce America's contributions to destructive effects of climate change; and *American Families Plan (AFP), a proposal to fund a variety of social policy initiatives, some of which (e.g., paid family leave) had never before been enacted nationally in the U.S. The first part was passed as the $1.9 trillion American Rescue Plan Act of 2021, and was signed into law in March 2021. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastern Partnership
The Eastern Partnership (EaP) is a joint initiative of the European External Action Service of the European Union (EU) together with the EU, its member states, and six Eastern European partners governing the EU's relationship with the post-Soviet states of Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine. Content is copied from this source, which is (c) European Union, 1995-2018. Reuse is authorised, provided the source is acknowledged. The EaP is intended to provide a forum for discussions regarding trade, economic strategy, travel agreements, and other issues between the EU and its Eastern European neighbours. It also aims at building a common area of shared values of democracy, prosperity, stability, and increased cooperation. The project was initiated by Poland and a subsequent proposal was prepared in co-operation with Sweden. It was presented by the foreign ministers of Poland and Sweden at the EU's General Affairs and External Relations Council in Brussels on 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
6th European Union–African Union Summit
The 6th European Union–African Union Summit took place in Brussels on 17 and 18 February 2022. Initially scheduled for October 2020, the event was postponed due to the COVID-19 pandemic. The summit was co-chaired by the President of the European Council, Charles Michel and the President of Senegal who at the time served as the Chairperson of the African Union, Macky Sall. The event brought together representatives of the EU and the AU as well as of their member states. A research hired by the European Commission concluded that despite being Africa's top trading partner, European Union is not perceived as a major partner for African states with the United States and China ranked higher. The summit was organized to address some of those concerns as well as complex issues related to aspects of African immigration to Europe and the European Union response to the COVID-19 pandemic. The AERAP Africa-Europe Science Collaboration Platform organised a side event on the contribution of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metaverse
In science fiction, the "metaverse" is a hypothetical iteration of the Internet as a single, universal, and immersive virtual world that is facilitated by the use of virtual reality (VR) and augmented reality (AR) headsets. In colloquial usage, a "metaverse" is a network of 3D virtual worlds focused on social connection. The term "metaverse" originated in the 1992 science fiction novel ''Snow Crash'' as a portmanteau of " meta" and "universe". Metaverse development is often linked to advancing virtual reality technology due to the increasing demands for immersion. Recent interest in metaverse development is influenced by Web3, a concept for a decentralized iteration of the internet. ''Web3'' and ''metaverse'' have been used as buzzwords to exaggerate the development progress of various related technologies and projects for public relations purposes. Information privacy, user addiction, and user safety are concerns within the metaverse, stemming from challenges facing the social ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horizon Europe
Horizon Europe is a 7-year European Union scientific research initiative, successor of the Horizon 2020 programme and the earlier Framework Programmes for Research and Technological Development. The European Commission drafted and approved a plan for Horizon Europe to raise EU science spending levels by 50% over the years 2021–2027. Budget The budget of €95.5 billion for Horizon Europe, which was launched in 2021, is up from €77 billion for the Horizon 2020. Independent observers had predicted the final approved funding to be much lower after completion of the lengthy negotiations with the European Parliament and EU member states. Former EU commissioner for Research, Science and Innovation Carlos Moedas, along with many advocacy groups, had pushed for a more expansive EU science budget. In order to build political support for the budget increase, he used American originated ideas of " moonshots" to focus research efforts and boost the public interest. Details The proposal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interreg
Interreg is a series of programmes to stimulate cooperation between regions in and out of the European Union (EU), funded by the European Regional Development Fund. The first Interreg started in 1989. Interreg IV covered the period 2007–2013. Interreg V (2014–2020) covers all 27 EU member states, the EFTA countries (Norway, Switzerland, Iceland, Liechtenstein), six accession countries and 18 neighbouring countries. It has a budget of EUR 10.1 billion, which represents 2.8% of the total of the European Cohesion Policy budget. Since the non EU countries don't pay EU membership fee, they contribute directly to Interreg, not through ERDF. Aims of the programme Interreg is designed to stimulate cooperation between member states of the European Union on different levels. One of its main targets is to diminish the influence of national borders in favor of equal economic, social and cultural development of the whole territory of the European Union. The Interreg goal is designed to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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