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Showing posts with label Investments. Show all posts
Showing posts with label Investments. Show all posts

Saturday, September 28, 2019

Sunday, December 16, 2018

European New technology - Auto Industry: EU invests €20m in AI software for self-driving cars

The European Investment Bank (EIB) has granted a €20m loan to Hungarian company AImotive, the European Commission announced Friday. The money will be spent on research and development of artificial intelligence software for self-driving vehicles. The commission believes the EU should prepare for self-driving cars. "I'm glad we are doing this in Central Europe, where the automotive industry has a long history of success," said EIB vice-president Vazil Hudak.

Read more: EU invests €20m in AI software for self-driving cars

Saturday, March 24, 2018

Internet High Speed Communications: 5G: how EU is helping to turn it into an engine for growth

The European Commission has prepared an action plan to facilitate the deployment of 5G across the EU. MEPs voted in favour of supporting the plan on 1 June, but stressed that coordination between EU countries would be crucial to avoid delays that were experienced when 4G was introduced as not enough spectrum was available.

Polish EPP member Michał Boni, the MEP responsible for steering the plan through Parliament, warned: "The member states have to understand that we have to avoid the fragmentation of decisions and solutions if we want to achieve the 5G objectives.”

He also stressed the importance of making it easier to invest in this: “Investments are the key for achieving 5G goals. The simplification of legal framework, flexible models for co-investments and long-term certainty and predictability are required.”

To watch the plenary debate in the EU Parliament click here: Video: watch the plenary debate on 5G

Read more: 5G: how EU is helping to turn it into an engine for growth | News | European Parliament

Sunday, November 20, 2016

Morocco - Ethiopia: signs over $2 billion investment deal in Ethiopia

Morocco signed an agreement on Saturday to invest over two billiondollars in Ethiopia over a five year period to build a fertilizer factory.

The $2.4 billion to be invested between 2017 and 2022 in the 100 acre factory near the eastern city of Dire Daoua is expected to make Ethiopia self-sufficient by 2025.

The deal was signed during the official visit of Moroccan,King Mohammed VI to Ethiopia to strengthen its political and South/South partnership.

Read more: Morocco signs over $2 billion investment deal in Ethiopia | Africanews




Monday, March 21, 2016

Cuba-USA: A new chapter in Cuba -US relations: History happening again right before our eyes - by RM

Viva Cuba - Viva USA
History is  happening right before our eyes - Cuba-USA: March 21, 2016 . The first day of Spring and also signalling a new beginning in a long-rime historic and often turbulent relationship between the USA and Cuba,

For me personally it brings back many memories, going back to when I was a kid visiting Havana, Cuba in 1957, with my parents ( two years before the Castro Revolution) - on the way from La Guaira, Venezuela to Le Havre, France.
Cuba-USA  -A new Chapter -Raoul Castro and Barack Obama -  

Cuba at that time was a US backed "Republic" ruled by Fulgenca Batista, a ruthless dictator with close links to the US Mafia. He ruled Cuba with an iron hand, while the mob controlled all the night-life, prostitution and other criminal activities. 

The "real economy" of Cuba at that time was mainly in the hands of US multi- nationals, as was over 50 % of the sugar industry, 

The US multi-national communications giant of that time, ITT,, controlled all the communication systems on the Island. 

Fast Forward to 1980 - working for a multi-national aluminum corporation based in Pittsburgh, I was assigned to organize a "strategy planning" meeting for our Caribbean External Relations Managers. We chose the beautiful Florida Island of Key-West to hold the meeting.

Again history happened right before our eyes, when we literally saw from the hotel we were staying in Key West how droves of Cuban refugees started arriving on Key West shores - this eventually became known as the Mariel Boat Lift. 

And here today we are again in Florida, April 21,2016, watching live scenes form Cuba, with Raoul Castro and Barack Obama starting a new chapter in the Cuban US relationship - we can only hope that Cuba and the US will have learned from their past mistakes, and that greed will not, once again, become the driving force of this relationship.  

Viva Cuba, Viva USA !

 
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