The Carbon Footprint of Cryptocurrency

Cryptocurrency

MEPs have voted on regulating markets in crypto assets (MiCA) and the carbon footprint of cryptocurrency. Eero Heinäluoma, MEP and S&D negotiator on crypto assets, said, “Cryptocurrency uses up as much energy as electric cars do. Bitcoin mining alone consumes more energy than countries the size of Austria or Portugal. With such a heavy carbon footprint,…

The Kremlin is Backtracking

The Kremlin is Backtracking

A week ago, it would have been hard to believe that the Kremlin would ever backtrack. A country in the geographical centre of Europe was about to fall in a matter of days under the onslaught of the second most powerful army in the world. But that has not happened. Instead, the aggressor has been…

InvestEU Programme

InvestEU

The European Union says it has reached a major milestone in the implementation of the InvestEU programme with the signature of the Guarantee and Advisory Hub Agreements between the European Commission, the European Investment Bank (EIB) and the European Investment Fund (EIF).  The InvestEU programme is a key pillar of the European Union’s largest ever…

Cross-Border Working

cross-border working

The Socialists and Democrats are hosting an event in Saarbrücken, Germany, on cross-border work later this week. Anke Rehlinger, Saarland’s Minister for Economic Affairs, Labour, Energy and Transport, and Nicolas Schmit, EU Commissioner for Jobs and Social Rights, will deliver keynote speeches. S&D Group leader Iratxe García; SPD-MP Secretary General Christian Petry; head of the SPD delegation in the European Parliament Jens Geier;…

EU Industrial Strategy

Greening EU Industrial Strategy

The EU needs to reassess the priorities of its industrial policy in light of the pandemic and the conflict on Europe’s eastern border: this is what emerged from a conference hosted by the European Economic and Social Committee (EESC). The Conference, titled “A sustainable future for European industry”, was organized in cooperation with the European…

Inspiring His Nation to Greatness

Ukrainian courage

The mobilisation of one person symbolises the mobilisation of the nation! The brutal war treacherously unleashed by the Russian Federation against Ukraine has continued for a twelfth day. The Ukrainian army, despite lagging behind Russia in material and human support, has so far managed to inflict a tactical defeat on the invader and thwart their…

Taiwan Launches Gender Equality Week on International Women’s Day

Taiwan Women's Day

The Ministry of Foreign Affairs (MOFA) of the Republic of China (Taiwan) and the nongovernmental organization (NGO) the Foundation of Women’s Rights Promotion and Development (FWRPD) are jointly holding Taiwan Gender Equality Week (TGEW) for a third year running. The timing of the programme again corresponds with the annual meeting in March of the UN…

The Philosophy of Putinism

Russia is not Putin

Modern Putinism is based on an attempt to establish Russia as one of the centres of the “multipolar world” in order to give Moscow the status of the third Rome, the “world pole of good”, based on the “great Russian spirituality”. Under the dense cover of this myth, which is tirelessly reproduced by Russian propaganda,…