What are the details of the European recovery fund proposed by Germany and France?

What are the details of their French and German, European recovery plan?

Well, skip the details for the time being, the real proposal has got to come from the Commission on the 27th. But it's going to be a mix of normal budget funding and then it's got to be the European Commission allowed to take up a loan, and then to distribute part of that money to the different affected countries according to certain criteria. Lots of details yet to be worked out. But the essence has got to be roughly that, I suspect.


What's the consequence of what's happening in France with Macron's party now losing the parliamentary majority?

Well, I suspect not too much. France is very much the precedent for the republic. And as long as he stays roughly the course that is due now, I don't think you will see any sort of major significance that affects the broad outlines of French policy.

The goal of Eni's High Performance Computing is to perfect and industrialize low carbon energy technologies developed in collaboration with research centers. Eni's efforts are helping to generate energy from waves and guarantee access to energy in remote areas thanks to light-weight and flexible organic photovoltaic panels


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Facing the biggest economic crisis in the EU's history, the European Commission's president, Ursula von der Leyen, pulled out all the stops this week, unveiling an unprecedented plan to boost the union's post-coronavirus recovery.

The plan: The EU would go to international capital markets to raise 750 billion euros ($830 billion). 500 billion of that would be given to member states as grants to fund economic recovery over the next seven years; the remainder would be issued as loans to be paid back to Brussels. The EU would pay back its bondholders for the full 750 billion plus interest by 2058, in part by raising new EU-wide taxes on tech companies and emissions.

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Watch GZERO World as host Ian Bremmer talks to acclaimed foreign policy expert Richard Haass, president of the Council on Foreign Relations and author of "The World: A Brief Introduction." Haass explains that while the COVID-19 pandemic has impacted every aspect of life as we know it, the major issues confronting geopolitics in the 21st Century already existed.

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62: Southeast Asia is one of the world's largest sources of plastic waste, and Thailand is a big culprit. Before the pandemic, Thailand tried to address the problem by banning single use plastics, but that's fallen apart fast: in April, Thailand recorded a 62 percent increase in plastic use, due largely to increased food deliveries as coronavirus-related lockdowns keep people at home.
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