World
Biotech strategy launch, Newsletter
Key diary dates
• Tuesday 19 March: European Parliament’s committee vote on the reform of EU pharmaceutical rules.
• Wednesday 20 March: Presentation of the European Commission‘s first ‘EU Biotech and Biomanufacturing Initiative’.
• Tuesday 19-Friday 22 March: European Commission organises Digital Markets Act workshops with gatekeepers.
In spotlight
This Wednesday (20 March) the European Commission is expected to unveil a new ‘EU Biotech and Biomanufacturing Initiative’ .
Despite half-hearted attempts at regulatory simplification in the sector in the past, life science technologies are increasingly drawing attention from policymakers.
Last month Euronews first reported on the health component of this initiative based on a leaked draft document that highlighted a focus on the vibrant biopharmaceutical sector – responsible for providing breakthrough messenger RNA (mRNA) molecules playing an essential role in COVID-19 vaccines.
But biotech applications are not limited to the health sector, ranging from sustainable sourcing of advanced materials to climate-smart production and other components essential to a fossil-free and circular economy.
A ‘blue’ biotech is also emerging, with new research on aquatic organisms and microalgae fermentation ready for commercial exploitation – not to mention the potential of new genomic techniques (NGTs) for food production, already under discussion by EU lawmakers.
The main goals of this initiative will be to survey the status quo and track future challenges facing the biotech sector to orientate policy efforts in readiness for the next legislative mandate.
Some policy ideas are likely to be proffered, such as a one-stop shop to permit and authorise biotech manufacturing – while a controversial proposal for an R&I tax credit for biotech companies is rumoured to have been shelved for the moment.
This first dedicated attempt to address the sector won’t be the last, with economic security and strategic autonomy likely to be key buzzwords for the next commission.
Biotech is expected to be a new beat to keep a close eye on and it has already been listed as a critical technology for the continent, together with semiconductors and artificial intelligence.
The defence imperative dominating current commission thinking involves European independence from military aircraft to sourcing these critical new technologies.
Policy newsmakers
@Hahn @Wiewiórowski
Commission under data notice
The European Commission was ordered last week to bring its use of Microsoft 365 office programs in line with its own rulebook, after European Data Protection Supervisor (EDPS) Wojciech Wiewiórowski found following an investigation that the commission breached EU rules on transfers of personal data outside the EU. The commission now needs to suspend all data flows resulting from its use of Microsoft 365 to Microsoft and to its affiliates and sub-processors located in countries outside the EU/EEA that are not covered by a data transfer agreement. The commissioner responsible for admin, Johannes Hahn, will have to demonstrate compliance with the orders by 9 December 2024.
Policy Poll
Should profits generated by Russian state assets frozen in Europe be:
Kept in trust for Russia
Used to rebuild Ukraine
Used to arm Ukraine
Vote
Subscribe here to see the results of last week’s poll and stay informed on the latest EU policy developments with our weekly newsletter, “The Policy Briefing”. Your weekly insight on European rulemaking, policy issues, key events, and data trends.
Data brief
EU carbon dioxide emissions
World
U.S. and China Will Start Discussing A.I. Safety, Bessent Says
The United States and China will discuss guardrails on artificial intelligence, including establishing a protocol for keeping powerful A.I. models out of the hands of nonstate actors, Treasury Secretary Scott Bessent said on Thursday.
Mr. Bessent, who was speaking from Beijing in an interview with CNBC, did not give more details, including when these discussions would take place. But Xi Jinping, China’s leader, and President Trump had been expected to discuss A.I. during their summit in the Chinese capital.
If these talks happen, it would be the first time the two countries formally take up the issue during Mr. Trump’s second term. The capabilities and usage of A.I. have grown rapidly, and so have concerns that this technology could be weaponized by hackers and terrorists, or spiral out of human control.
“The two A.I. superpowers are going to start talking,” Mr. Bessent said. “We’re going to set up a protocol in terms of, how do we go forward with best practices for A.I. to make sure nonstate actors don’t get ahold of these models.”
Still, Mr. Bessent made clear that the fierce competition between the United States and China for supremacy in A.I. — which has been a major hurdle to cooperation on safety — remained front of mind for U.S. policymakers. Officials and experts in both countries have argued that they cannot slow technological development and risk losing out to their rivals.
Mr. Bessent said that the United States was willing to cooperate with China on A.I. safety because “the Chinese are substantially behind us” in terms of the technology’s development.
“I do not think we would be having the same discussions if they were this far ahead of us. So we’re going to put in U.S. best practices, U.S. values, on this, and then roll those out to the world,” Mr. Bessent said.
Experts have suggested that China’s A.I. models may be a few months behind the leading U.S. models.
Another hurdle to the United States and China working together on A.I. safety is that they have generally focused on different potential threats.
American experts have generally highlighted existential risks, such as the possibility of artificial general intelligence, or super-intelligence that exceeds that of humans. Chinese researchers and officials have more often highlighted risks related to social stability and information control, such as the possibility of chatbots producing content that challenges China’s leadership and policies.
Still, researchers in both countries have highlighted some shared risks, such as the possibility of A.I. being used to develop new biological weapons.
World
Ship seized off coast of UAE near Strait of Hormuz may have been ‘floating armory’: report
Ship SEIZED near UAE coast, UK military says
Iranian forces seized a vessel 38 nautical miles off the UAE coast early Thursday, a brazen provocation occurring just as President Donald Trump and Xi Jinping met in Beijing discussing key issues like the Strait of Hormuz.
NEWYou can now listen to Fox News articles!
A ship was seized off the coast of the United Arab Emirates (UAE) near the Strait of Hormuz on Thursday morning, the British military reported.
The ship was boarded and “taken by unauthorized personnel” while it was roughly 38 nautical miles northeast of the United Arab Emirates’ oil export terminal Fujairah, the United Kingdom Maritime Trade Operations (UKMTO) reported Thursday.
UKMTO spotted the ship heading toward Iranian territorial waters after the seizure, it reported Thursday.
British authorities did not release information on who the ship belonged to or who seized it. Despite the lack of official corroboration, the BBC reported that the Honduras-flagged Hui Chuan was seized in the Strait on Thursday.
CARGO SHIP ATTACKED BY SMALL CRAFT NEAR STRAIT OF HORMUZ, UK MARITIME AGENCY SAYS
Ships are anchored in the Strait of Hormuz off Bandar Abbas in southern Iran on May 4. A report on May 15 said a ship was seized off the coast of the United Arab Emirates and is being brought toward Iranian waters. (Amirhossein Khorgooei/ISNA/AFP)
Citing the risk-management company Vanguard, the BBC reported that the ship’s operators told Vanguard that the Hui Chuan was operating as a “floating armory” for ships in the Strait to defend themselves from pirates.
A container ship sits at anchor in the Strait of Hormuz off Bandar Abbas, Iran, as a motorboat passes in the foreground on May 2, 2026. (Amirhosein Khorgooi/ISNA via AP)
At least two other ships have already been seized in the Strait of Hormuz since February.
IRAN SAYS ITS SMALL SUBS DEPLOYED TO STRAIT OF HORMUZ AS EXPERT EXPLAINS THREAT: ‘VULNERABLE TO DETECTION’
A cargo ship sails in the Persian Gulf toward the Strait of Hormuz on April 22, 2026. (AP Photo)
In April, Iran’s Islamic Revolutionary Guard Corps (IRGC) seized the Panamanian-flagged MSC Francesca and the Epaminondes ships in the Strait.
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
Fox News Digital contacted UKMTO and Vanguard for further information but did not immediately receive a response.
World
Israel-Lebanon talks held in Washington as expiration of ceasefire nears
Al Jazeera’s Manuel Rapalo reports from Washington, where the first of two days of US-mediated ambassador-level talks between Israel and Lebanon concluded on Thursday. A ceasefire between them expires on Sunday, though Israel has killed 512 Lebanese since its implementation on April 17.
Published On 15 May 2026
-
Denver, CO3 minutes agoDenver area events for May 15
-
Seattle, WA9 minutes agoFriday Roundtable: Free Summer Shuttles
-
San Diego, CA15 minutes agoSix concerts to fill your musical soul this week in San Diego County
-
Milwaukee, WI21 minutes agoFive teenagers arrested following police pursuit in Milwaukee
-
Atlanta, GA27 minutes ago2 Giant Pandas Are Headed to This US Zoo. Meet Ping Ping and Fu Shuang
-
Minneapolis, MN33 minutes agoBauhaus Brew Labs in northeast Minneapolis set to close next month
-
Indianapolis, IN39 minutes agoIndy 500 qualifying format, schedule, entries, how to watch this weekend
-
Pittsburg, PA45 minutes agoHere are all the free movies you can watch outside this summer in Pittsburgh