French Cultural Pass Encourages Youth to Spend on the Arts

On May 21st 2021, French president Emmanuel Macron announced the Culture Pass. This program  provides €300 to all 18 year olds with the provision that it must be spent on French culture. This money will promote French culture among the nation’s youth and support an industry hit hard by the COVID-19 pandemic.

French Cultural Pass Encourages Youth to Spend on the Arts
Rutte for Fourth Term? Splintered Dutch Political Landscape

Approaching 7 months since the last Dutch general election, new cabinet formations have been marred by internal struggles, ministerial scandals, and political betrayals hampering party leaders from partaking in constructive discussions. The current and now demissionary Rutte III cabinet holds the record for the longest cabinet formation in Dutch history: a whopping 225 days, a situation politicians hoped they would never encounter again. However, Rutte’s aspirations to become the Netherlands longest-serving Prime Minister, in combination with the country’s fragmented political landscape, means Dutch citizens must brace themselves for a long formation if not new elections. Recent breakthroughs to restart the current coalition have signaled a possible end to formations, but if it falls through, new elections are inevitable.

Rutte for Fourth Term?  Splintered Dutch Political Landscape
The Future of Afghanistan: Social Media Companies and the Taliban

Many political figures and analysts have made statements regarding their skeptical eye towards the progressive sentiments being shared on social media platforms by the Taliban. Yet, the terrorist group is still able to post freely facing barely any difficulties. The mass amounts of Taliban propaganda being spread online may increase the group’s political popularity, expand their member-base as well as international support, and ultimately, solidify their control in Afghanistan. The Taliban’s utilization of media platforms could potentially ignite a revitalized global Islamist militant movement and must be taken more seriously by social media companies.

The Future of Afghanistan: Social Media Companies and the Taliban
Supply Chain Volatility in the Automobile Industry

Vehicle production is taking a toll due to the ongoing computer chip shortage. According to a report by Goldman Sachs and forecasts by advisory experts, they predict the shortfall to persist throughout the rest of 2021, into 2022, and 2023, since demand will remain strong and supply will remain restricted.

Supply Chain Volatility in the Automobile Industry

Politics

On May 21st 2021, French president Emmanuel Macron announced the Culture Pass. This program  provides €300 to all 18 year olds with the provision that it must be spent on French culture. This money will promote French culture among the nation’s youth and support an industry hit hard by the COVID-19 pandemic.

Economics

Vehicle production is taking a toll due to the ongoing computer chip shortage. According to a report by Goldman Sachs and forecasts by advisory experts, they predict the shortfall to persist throughout the rest of 2021, into 2022, and 2023, since demand will remain strong and supply will remain restricted.

Finance

The digitalization of the economy and the rapid spread of virtual currencies have created unprecedented opportunities for cross-border illicit activities. The most recent proposal of the European Central Bank for the development of a central bank digital currency is no exception. Known as a digital euro, the project is envisioned to differ from crypto-assets and stable coins in its centralized oversight and control of digital transactions. Hence, by allowing a central banking authority to monitor and verify online transactions, a digital euro could facilitate the fight against organized crime in the EU. Yet, the currently proposed design possibilities of a digital euro reveal vulnerabilities to compliance with anti-money laundering and counter-terrorist financing regulations, as well as pose a significant threat to the safety of children in the digital space. 

Security

Many political figures and analysts have made statements regarding their skeptical eye towards the progressive sentiments being shared on social media platforms by the Taliban. Yet, the terrorist group is still able to post freely facing barely any difficulties. The mass amounts of Taliban propaganda being spread online may increase the group’s political popularity, expand their member-base as well as international support, and ultimately, solidify their control in Afghanistan. The Taliban’s utilization of media platforms could potentially ignite a revitalized global Islamist militant movement and must be taken more seriously by social media companies.

Natural Resources

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Transition towards low carbon energy systems remains to be a challenge for the European Union. Europe is faced with economic, social and environmental costs of having fragmented national energy markets despite the ambitious “European Green Deal” agenda of Von der Leyen’s Commission, which positions the EU as a leader in global climate action through comprehensive decarbonization policies. A net reduction target of minimum 55% from the EU’s greenhouse gas emissions was  agreed on Wednesday 21st of April by European co-legislators under the framework for European Climate Law. Nonetheless, curbing GHG emissions necessitates regional concerted action for transition from fossil fuel economies to renewable energy based systems in order to face the transboundary effects of climate change. 

Technology

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Vehicle production is taking a toll due to the ongoing computer chip shortage. According to a report by Goldman Sachs and forecasts by advisory experts, they predict the shortfall to persist throughout the rest of 2021, into 2022, and 2023, since demand will remain strong and supply will remain restricted.