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A Turning Point for Europe and India


Transatlantic Take
May 4, 2021
On May 8 India’s prime minister and the heads of state of all 27 EU countries will meet for a historic Leaders’ Meeting. This is the first time that an Indian leader will participate in such a meeting. In fact, the format is rarely used and offered by the EU. Such a meeting was supposed to take place last year with China’s President Xi Jinping under different circumstances but, with new tensions in the EU-Chinese partnership after the coronavirus crisis, it was reduced to a different, much smaller format. This unprecedented meeting marks a turning point for the Europe-India relationship, and the culmination of sustained efforts by New Delhi to invest more diplomatic resources in Europe, reversing years of political neglect. It also reflects a marked change of tone and posture in Brussels and other European capitals, which seem keen to invest much more effort into ties with India.   ....

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Fintech and AI Task Forces Reauthorized for 117th Congress by House Committee


Fintech and AI Task Forces Reauthorized for 117th Congress by House Committee
Congresswoman
Maxine Waters, Chairwoman of the
House Financial Services Committee, has announced the reauthorization of the Financial Technology [Fintech] and Artificial Intelligence [AI] Task Forces for the 117th Congress.  These two Task Forces are relatively new having emerged in the 116th Congress in 2019. The two entities seek to provide a forum for innovation in financial services.
Once again, Congressman
Bill Foster will chair the Task Force on AI.
Chairwoman Waters issued the following statement:
“I am very pleased to announce that our Task Forces on Financial Technology and Artificial Intelligence will continue their work examining emerging technologies in the financial services and housing industry. These Task Forces will investigate whether these technologies are serving the needs of consumers, investors, small businesses, and the American public, which is nee ....

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