Thursday

28th Mar 2024

Ticker

UK should host global AI ethics summit, says report

The UK should organise a global summit on artificial intelligence (AI) in London to determine common ethical standards, the House of Lords said in a report on Monday. It said that a global AI arms race should be avoided, but fell short of recommending working with the EU post-Brexit. The report comes ahead of the European Commission release of an EU strategy on AI next week.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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