Page-4 of European Union (EU) Current Affairs, GK & News

Digital Services Act and Digital Markets Act

The Digital Services Act and Digital Markets Act are two recent landmark legislations from the European Union. The draft legislation gives specific regulations to limit the powers of global internet companies like Google, Apple, Facebook and Amazon in the European market. Under the legislation, the larger firms are designated as ‘digital gatekeepers’ and would be ..

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What is Diem?

Facebook-backed cryptocurrency Libra has been rebranded as “Diem” to gain regulatory approval by emphasising that the project has “organisational independence”. The independent organisation, Libra Association, which runs the Libra project will also be renamed as the Diem Association. Diem is a Latin term meaning “day”. Libra received criticism because of the possibility of it threatening ..

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India-EU: Sixth Round of consultations on disarmament and non-proliferation

India and European Union held 6th round of consultations on disarmament and non-proliferation matter. The partners discussed on exchange of information on development in the field of chemical, nuclear and biological disarmament. They also discussed about the development on outer space security, conventional weapons and non-proliferation. They held talks on strategic stability of environment, export ..

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India-Luxembourg Virtual Summit: Key Facts

On November 19, 2020, India and Luxembourg held the first stand alone summit in two decades. Key takeaways The countries appreciated the launch of four Luxembourg satellites by Indian Space Research Organization in 2019. India welcomed Luxembourg’s decision of joining International Solar Alliance. Luxembourg has agreed to extend its full support to India during its ..

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APEC Ministerial Meeting: Economies commit to free open trade and investment

On November 17, 2020, the members of Asia Pacific Economic Cooperation (APEC) held a ministerial meeting virtually. During the meeting, the members committed to pursue free and open trade and investment towards the economic recovery from the impact of covid-19 pandemic. Highlights The meeting was chaired by Malaysia. This ministerial meeting comes ahead of the ..

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