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    IBM Corporation logo. (PRNewsfoto/IBM)

    IBM Report: Two-Thirds of UK Firms Gain from AI–Reskilling Key to Unlocking Greater Productivity

    “We’re particularly proud to bring double-decker trains to the UK for the very first time.”- Gwendoline Cazenave, CEO, Eurostar

    Tobacco industry targets WHO FCTC COP and MOP negotiations, Parties urged to stay vigilant

    Ministry of Steel to hold Open House on Steel Import Issues on 27th October

    DHL Express India Lights up Diwali with up to 60 Percent off for International and Domestic Shipments

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    Ramaiah Memorial Hospital Observes World Osteoporosis Day

    “Work more efficiently in your career” – Chief Minister Siddaramaiah

    Justice Smt.Tara Vitasta Ganju Sworn-In As Judge of Karnataka High Court

    “There is an urgent need to declare the month of November as “Children’s Month”- Dr. Thippeswamy K.T.

    Rashtriya Ekta Diwas to commemorate the birth anniversary of the Iron Man of India, Sardar Vallabhbhai Patel, is celebrated every year on 31st October

    NITI Aayog National Workshop on Purified Water Reuse in Bengaluru on November 6th & 7th -Hosted by Bangalore Water Supply and Sewerage Board

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    “We are becoming a simple, more agile, focused bank, built on our core strengths”-Georges Elhedery, Group CEO

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    India Maritime Week 2025 Set to Launch in Mumbai: World’s Largest Maritime Gathering Begins 27th October

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    Ramaiah Memorial Hospital Observes World Osteoporosis Day

    Tobacco industry targets WHO FCTC COP and MOP negotiations, Parties urged to stay vigilant

    Cautious Deepavali – Take Care of Your Eyes – Play Safe

    FDA approves Roche’s Gazyva/Gazyvaro for the treatment of lupus nephritis

    Fiji becomes the 26th country to eliminate trachoma as a public health problem

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    Jockey Expands Women’s Innerwear Category with the Launch of New Collection as part of ‘Designed to Disappear’ Campaign

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    IBM Corporation logo. (PRNewsfoto/IBM)

    IBM Report: Two-Thirds of UK Firms Gain from AI–Reskilling Key to Unlocking Greater Productivity

    “We’re particularly proud to bring double-decker trains to the UK for the very first time.”- Gwendoline Cazenave, CEO, Eurostar

    Tobacco industry targets WHO FCTC COP and MOP negotiations, Parties urged to stay vigilant

    Ministry of Steel to hold Open House on Steel Import Issues on 27th October

    DHL Express India Lights up Diwali with up to 60 Percent off for International and Domestic Shipments

    Government of Botswana and De Beers Group announce first cohort of graduates for International Graduate Development Programme

  • National
    • All
    • Economy & Politics
    • Election

    Ramaiah Memorial Hospital Observes World Osteoporosis Day

    “Work more efficiently in your career” – Chief Minister Siddaramaiah

    Justice Smt.Tara Vitasta Ganju Sworn-In As Judge of Karnataka High Court

    “There is an urgent need to declare the month of November as “Children’s Month”- Dr. Thippeswamy K.T.

    Rashtriya Ekta Diwas to commemorate the birth anniversary of the Iron Man of India, Sardar Vallabhbhai Patel, is celebrated every year on 31st October

    NITI Aayog National Workshop on Purified Water Reuse in Bengaluru on November 6th & 7th -Hosted by Bangalore Water Supply and Sewerage Board

  • Business

    “We are becoming a simple, more agile, focused bank, built on our core strengths”-Georges Elhedery, Group CEO

    Maritime India

    India Maritime Week 2025 Set to Launch in Mumbai: World’s Largest Maritime Gathering Begins 27th October

  • Health

    Ramaiah Memorial Hospital Observes World Osteoporosis Day

    Tobacco industry targets WHO FCTC COP and MOP negotiations, Parties urged to stay vigilant

    Cautious Deepavali – Take Care of Your Eyes – Play Safe

    FDA approves Roche’s Gazyva/Gazyvaro for the treatment of lupus nephritis

    Fiji becomes the 26th country to eliminate trachoma as a public health problem

    Rotary Bangalore Midtown’s Free Eye and Health Camp Benefits 300+ Auto Drivers

  • Technology
    • All
    • Environment
    • Science

    IBM Report: Two-Thirds of UK Firms Gain from AI–Reskilling Key to Unlocking Greater Productivity

    Building a Viksit Bharat with 6G

    ISRO organised Curtain Raiser on ESTIC 2025

    India Must Harness AI as a Force for Social Good to Drive Inclusive and Transformative Growth: S. Krishnan, Secretary, MeitY

    Fable Fintech’s new platform to transform operations of 500 exchange houses globally

    PSA Prof. Ajay Kumar Sood launched ‘AI Playbooks for Agriculture and SMEs’ and ‘AI Sandbox White Paper’ to accelerate Responsible AI Adoption across India

  • Auto

    Tata Motors Commercial Vehicles marks its biggest unveil in GCC

    Stellantis Advances Global Robotaxi Strategy With New Collaboration With NVIDIA, Uber and Foxconn

    Bolt.Earth and Atul Greentech Private Limited to Launch Nationwide Home Charging Program, Redefining EV Ownership in India

    Renault Group 2025 Q3 revenue up +6.8%  2025 financial outlook confirmed

  • Sports

    #GoRedforDyslexia Campaign goes global to mark the Dyslexia Awareness Month

    PVL 2025: Stage set for epic clash as Mumbai Meteors and Bengaluru Torpedoes gear up for grand finale showdown

    Call for Nominations: Rotary Bangalore Abilities Brings Back the ‘Unsung Hero Awards’ for a 7th Year

    India A squad for four-day matches against South Africa A announced

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel

    Jockey Expands Women’s Innerwear Category with the Launch of New Collection as part of ‘Designed to Disappear’ Campaign

    Special Train from Bengaluru to Visakhapatnam for Deepavali

    Malabar Gold & Diamonds Opens its Showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor

    Coffee Island Debuts in Mumbai with Its First Café at the Iconic Eros Building, Churchgate

    Eugenix Hair Sciences Unveils Its Global Facility for Hair Restoration in Gurgaon

    Jockey Marks Retail Milestone with Launch of 1500th Exclusive Brand store in India

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Von der Leyen Outlines Vision for Stronger Europe

by FWM
January 20, 2022
in Business
0
  • On a path towards recovery from the COVID-19 pandemic, Europe’s most valuable assets are its strong liberal democracy and trust in its institutions, according to the President of the European Commission
  • During her speech at the Davos Agenda, she said that the world needs trust in democracy as much as trust between democracies
  • She announced new European Chips Act to reduce dependency on global supply chains of semiconductors, reaffirms solidarity with Ukraine and warns against actions that threaten territorial integrity
  • Geneva, Switzerland, 20 January 2022 – Ursula von der Leyen, President of the European Commission, outlined a vision for a stronger and more independent Europe based on trust and the values of liberal democracy in a special address on Thursday to business, government and civil society leaders taking part in the World Economic Forum’s virtual event, the Davos Agenda.

    In the face of the COVID-19 crisis, she spoke of European democracies showing their strengths. “The pandemic has demonstrated that democracies are the more powerful, resilient and sustainable form of government,” she said.

    Democracy means liberty of research, freedom of science and independent choices for investors, she added. Europe has delivered over 1.2 billion doses of vaccines to its citizens, with more than 80% of the European population double vaccinated.

    She also pointed to Europe’s leadership in discovering the mRNA vaccine technology and exporting it to the world. “Europe is the only region in the world to export or donate vaccines to other countries throughout the crisis, with 1.6 billion vaccine doses made in Europe having been delivered to 150 countries.”

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    On the path to recovery, Europe’s most valuable asset is trust, said von der Leyen. “Trust in science, for our health. Trust among countries, for cooperation. Trust in functioning societies, for competitiveness. Trust will be essential to build the world of tomorrow.”

    Trust will also be essential for European citizens to embrace the European Green Deal, a set of policy initiatives with the overarching aim of making the European Union climate-neutral by 2050. The EC has issued the first NextGenerationEU bond for green and sustainable investments in the EU. This represents, she said, the world’s largest green bond issuance, adding that it was heavily oversubscribed.

    “These developments demonstrate a clear sign of international confidence and trust in Europe,” she said.

    Although von der Leyen said Europe is well positioned, it must do more to build supply chains we can trust and avoid single points of failure. Issues range from dependence on non-renewable energy to lack of local manufacturing of microchips and semiconductors to Europe’s gas crisis.

    “Europe’s global semiconductor market share is only 10%. And today, most of our supply comes from a handful of producers outside Europe. This is a dependency and uncertainty we simply cannot afford. We have no time to lose. And this is why I announce here today that we will propose our European Chips Act in early February,” she said.

    She emphasized that trust is also essential in the international arena: “At this moment in time, the world needs trust in democracy as much as trust between democracies.” Referring to intense dialogue with Russia, she stressed that Europe will not go back to the old logic of competition and spheres of interest, where entire countries were treated as possessions or backyards.

    “We want this dialogue. We want conflicts to be solved in the bodies that have been formed for this purpose. But if the situation deteriorates, if there are any further attacks on the territorial integrity of Ukraine, we will respond with massive economic and financial sanctions.”

    “And what I want us never to forget is the following. Russia and Europe share geography, culture and history. We also want a common future,” she added.

Tags: European CommissionWorld Economic Forum

FWM

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