Month: April 2024

China’s Nuctech raided in EU over foreign subsidies concerns

BRUSSELS — Chinese security equipment company Nuctech’s Dutch and Polish offices were raided by EU competition regulators, the company said on Wednesday, as the European Commission cracks down on companies receiving unfair state subsidies which put EU peers at a disadvantage. The European Commission has launched four investigations against Chinese companies since its foreign subsidies regulation introduced in July 2023 allowed the executive to assess whether subsidies allowed companies to submit overly advantageous offers in procurement tenders to edge out EU rivals. “Nuctech offices in the Netherlands and Poland are being inspected by the European Commission in relation to the Foreign …

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Spain’s prime minister says he will consider resigning after wife is targeted by judicial probe

BARCELONA, Spain — Spanish Prime Minister Pedro Sánchez denied corruption allegations against his wife but said he will consider resigning after the launch Wednesday of a judicial investigation into accusations by a right-wing legal platform that she used her position to influence business deals. Sánchez said in a letter posted on his X account that while the allegations against his wife, Begoña Gómez, are false, he is canceling his public agenda until Monday when he will announce whether he will continue or step down. “I need to stop and reflect,” Sánchez wrote. “I must answer the question if it is worth …

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Amnesty: Global rule of law on brink of collapse, fueled by AI

London — A breakdown in the international rule of law is being accelerated through rapid advancement in technology and artificial intelligence, which risks a “supercharging” of human rights violations, according to an annual report, by Amnesty International, published April 24.  “The international rules-based order is on the brink of collapse. The violations of international law have been multiple and have increased, in fact, largely because of the increasing number of armed conflicts. Perpetrators not only violate international law but seek to justify those violations in the name of self-defense, national security, or counterterrorism,” Amnesty’s secretary-general, Agnes Callamard, told VOA. Gaza violations …

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