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Trends in Maritime Freight and Vessel Statistics in the European Union
Republished with full copyright permissions from The Boston News Tribune. In 2022, the handling of seaborne freight in all EU ports witnessed an estimated total gross weight of 3.48 billion tonnes, representing a 0.8% increase compared to the previous year. This positive shift followed a 7.3% decline in 2020 due to pandemic disruptions. Notably, the…
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G7 Nations Announce Ban on Russian Diamond Imports
Republished with full copyright permissions from The Washington Daily Chronicle. G7 nations have recently made a significant decision to ban Russian diamond imports in an effort to impede Russia’s capacity to finance its invasion of Ukraine. This action marks a crucial step in the ongoing effort to curb the flow of resources that support the…
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The Extradition of Former Hedge-Fund Manager Sanjay Shah
Republished with full copyright permissions from The San Francisco Press. The recent extradition of former hedge-fund manager Sanjay Shah to Denmark has sparked curiosity and raised questions about the complexities of international law and financial schemes. Formerly a prominent figure in Dubai, Shah’s swift departure from the Emirate to face legal proceedings in Denmark has…
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EU Approves Major Investment in Next Generation Cloud Computing Technologies
Republished with full copyright permissions from The Boston News Tribune. The European Commission has recently given the green light to an Important Project of Common European Interest (‘IPCEI’) that aims to promote the research, development, and initial industrial deployment of advanced cloud and edge computing technologies in Europe. This exciting new venture, named IPCEI Next…
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The Impact of EU Exports on Employment and Value Added
Republished with full copyright permissions from The Boston News Tribune. In 2021, the EU experienced an increase in employment supported by exports to non-EU countries, with 30.4 million individuals finding their livelihood through this channel, marking a 1.7% rise from the previous year. This figure represents 15% of total employment in the EU, highlighting the…
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The Latest Trends in Research & Development Expenditure in the European Union
Republished with full copyright permissions from The Boston News Tribune. In 2022, the European Union made significant strides in research and development (R&D) investment, as revealed by the latest data published by Eurostat. With a total R&D expenditure of €352 billion, representing a 6.34% increase from the previous year, and a remarkable 48.52% surge compared…
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