In a significant development, the G7 has agreed on principles revolving around cross-border digital trade cross border flow of data. Britain described the development as a breakthrough which could free up hundreds of billions of dollars of international commerce. Trade… Read More ›
Regulations & Legal
WTO members should support intellectual property waiver to ensure equitable access to vaccines: White House
The White House has called on all members of the World Trade Organization to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an intellectual property waiver, and… Read More ›
US will defend Taiwan if attacked: US President Joe Biden
In a significant development, US President Joe Biden stated, the United States will defend Taiwan from any aggression and has a legal commitment to defend the island nation China claims as its own. In a statement the White House said,… Read More ›
EU adopts resolution to deepen economic ties with Taiwan
On Thursday, the European Union adopted a resolution to deepen economic ties with Taiwan. Interestingly, a similar deal with China has been put on hold. The European Parliament voted 580 to 26 votes, backing a non-binding resolution requesting the European… Read More ›
Lebanon’s central bank under forensic audit: Lebanese President Michel Aoun
On Thursday, in a tweet, Lebanese President Michel Aoun said, Alvarez & Marsal has begun a forensic audit of the Lebanon’s central bank. The tweet indicates a fresh thrust for Lebanon in its efforts to secure foreign aid midst a… Read More ›
China tightens oversight of news sources in increased regulatory crackdown
On Wednesday, China’s top internet regulator, the Cyberspace Administration of China (CAC), published an updated list of 1,358 internet news services, saying information service providers are only permitted to reprint news from them. The development comes midst a regulatory crackdown… Read More ›
Achieving Zero-Carbon Shipping By 2040 Pledged By Amazon, Ikea And Unilever
An aggressive target of moving their cargo only on ships using zero-carbon fuel by 2040 has been pledged to be achieved by nine big companies including Amazon, Ikea and Unilever. The companies have said that this aim will also be… Read More ›
$17.5 Bln To Be Spent By Japan’s Mitsubishi By 2030 To Drive Emission Reduction
Investments to the tune of 2 trillion yen ($17.54 billion) in development of alternative energies such as renewables and hydrogen will be made by Japanese company Mitsubishi Corp by 2030, the company said on Monday, and added that this will… Read More ›
More Info On India’s Covid Vaccine – Covaxin, Sought By WHO For Emergency Usage Approval
The Indian pharma company Bharat Biotech got a further set back on Monday with respect to its hopes of being granted an emergency-use listing by the World Health Organization for the Covid-19 vaccine developed by it called Covxin as the… Read More ›
International travelers with mixed WHO/FDA-approved COVID19 doses will be permitted to enter US: CDC
Late on Friday, in a statement the U.S. Centers for Disease Control and Prevention (CDC) said, international travelers who have taken a mixed-dose coronavirus vaccines will be permitted to enter the country. Last week, the CDC had said, it would… Read More ›