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EU AI Act 2023 on knifes edge

Published

2 years ago

on

The European Union’s ambitious AI Act of 2023 faces uncertainty as it nears the crucial phase of passing.

 

The Act, designed to regulate artificial intelligence within the EU, now hangs in the balance due to mounting opposition from member states and industry stakeholders.

The proposed legislation aims to address AI’s ethical, legal, and practical challenges. However, critics argue that the Act’s stringent regulations could stifle innovation and competitiveness, leading to resistance from influential tech giants and member states with thriving AI sectors.

Proponents of the Act highlight its potential to protect consumers, safeguard data privacy, and establish clear rules for AI deployment. They argue that robust regulation is necessary to avoid the risk of AI applications causing harm or infringing on fundamental human rights.

With political disagreements and lobbying efforts intensifying, the Act’s future remains uncertain. The EU Parliament faces a tough task in finding a middle ground that satisfies both sides, ensuring AI’s responsible development while fostering growth.

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Trump secures $243B+ in Qatar deals

Trump secures $243.5B deal with Qatar, signaling a potential $1.2T pledge to boost U.S. manufacturing, including a record $96B Boeing order.

Published

19 hours ago

on

May 15, 2025

By

Trump secures $243.5B deal with Qatar, signaling a potential $1.2T pledge to boost U.S. manufacturing, including a record $96B Boeing order.


President Donald Trump has struck over $243.5 billion in agreements with Qatar, setting the stage for a possible $1.2 trillion economic pledge.

The landmark package is aimed at boosting American manufacturing and innovation, with Trump hailing it as a milestone for U.S.–Gulf relations.

Qatar Airways has signed a record-breaking $96 billion Boeing deal, marking the largest widebody jet order in history.

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#TrumpQatarDeal #Boeing #Raytheon #USDeals #MiddleEastBusiness #QatarAirways #TickerNews #TrumpNews #ManufacturingBoom #USPolitics

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Trump strikes $243 billion in Qatar deals to reshape the Middle East

Trump secures $243 billion in Qatar deals with record aircraft orders and drone defense agreements, signaling a major shift in Middle East relations.

Published

21 hours ago

on

May 15, 2025

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Trump secures $243 billion in Qatar deals with record aircraft orders and drone defense agreements, signaling a major shift in Middle East relations.


Trump strikes $243 billion in Qatar deals including record aircraft order. A historic windfall featuring groundbreaking drone defence agreements and aviation milestones — Trump’s Middle East pivot is making waves.

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#Trump #Qatar #MiddleEastDeals #USPolitics #AircraftOrder #DefenseDeals #TickerNews #GlobalTrade

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ASX wobbles as Australia jobs data looms over RBA

“With ASX 200 momentum fading, analysts await today’s jobs data to see if it influences the RBA outlook.”

Published

21 hours ago

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May 15, 2025

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“With ASX 200 momentum fading, analysts await today’s jobs data to see if it influences the RBA outlook.”


With ASX 200 momentum fading, will today’s jobs data shift the RBA outlook? Analysts are watching closely.

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#ASX200 #AustraliaJobs #RBA #MarketNews #AussieEconomy #LabourMarket #TickerNews #Finance

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