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Leading EU CEOs warn Brussels data law could hurt competitiveness

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Leading EU CEOs warn Brussels data law could hurt competitiveness

The CEOs of a number of main European firms have urged the Fee to tug the brake on plans to regulate the use and entry of knowledge generated within the bloc arguing they may trigger lasting injury to the bloc’s competitiveness and cybersecurity.

In a letter despatched to Fee President Ursula von der Leyen and Competitors Commissioner Margrethe Vestager final week and seen by Euronews, they wrote of their “deep considerations” concerning the content material and velocity of the inter-institutional negotiations over the Information Act warning that the laws might, in its present type, endanger European management and innovation.

The signatories of the letter — which embrace the CEOs of Siemens AG and Healthineers, SAP, Brainlab and Datev — demand to be acquired by the EU’s govt at their “earliest comfort”.

The European Information Act was unveiled by the Fee in February 2022 to create harmonised guidelines on honest entry to and use of knowledge throughout the 27 nations of the bloc. It’s meant to permit for simpler knowledge sharing between companies and customers, companies and companies and companies and governments in addition to enabling clients to successfully change between totally different cloud data-processing companies suppliers.

The Fee stated on the time that the regulation would create a good digital surroundings, stimulate a aggressive knowledge market, open alternatives for data-driven innovation and make knowledge extra accessible for all.

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However the 5 CEOs and DigitaLEurope, a commerce organisation representing digitally reworking industries throughout the bloc, say the trilogue negotiations between the Fee, MEPs and member states are actually going at “break-neck velocity” and that there’s “little room to debate these advanced particulars in depth”.

They argue, for example, that being compelled to share knowledge with different firms couldn’t solely make them reveal particulars about their inside techniques, processes, or applied sciences that would depart them susceptible to malicious actors, but in addition profit opponents, particularly third-country operators who might not need to abide by the identical guidelines. 

“This not solely undermines EU competitiveness and innovation, but in addition raises questions relating to EU know-how management,” they write.

Stefan Vielsmeier, CEO of Brainlab, added in a press release that “the proposed regulation will quite weaken Europe’s financial system in competing with particularly China, by forcing firms to disclose an unprecedented stage of perception into associated enterprise practices and worth chains.”

They, subsequently, name for the implementation of safeguards. These embrace the precise to refuse to share knowledge with different companies the place commerce secrets and techniques, cybersecurity, well being and security are in danger, the peace of mind that when governments demand entry to knowledge, it’s “proportionate and restricted to obviously outlined emergency conditions, varieties of knowledge and public our bodies”.

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Euronews has reached out to the European Fee for remark.

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Italian state railways plans 1.3 bln euro investment in solar plant

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Italian state railways plans 1.3 bln euro investment in solar plant
Italian state railways Ferrovie dello Stato plans to invest 1.3 billion euros ($1.36 billion) in a photovoltaic plant with an initial 1 gigawatt (GW) capacity that would cover 19% of its energy needs by 2029, the CEO said in a newspaper interview.
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Christmas in Puerto Rico is a 45-day celebration with caroling, festive decorations, family feasts and more

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Christmas in Puerto Rico is a 45-day celebration with caroling, festive decorations, family feasts and more

Christmas, Navidad in Puerto Rico, extends far beyond Dec. 25. 

The island proudly proclaims itself as having the “longest holiday season in the world,” according to the website Discover Puerto Rico. 

On average, the holiday festivities in Puerto Rico last about 45 days, per the source, commencing right after Thanksgiving, and stretching all the way through mid-January. 

The Christmas season in Puerto Rico typically lasts around 45 days. (iStock)

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The holiday season in Puerto Rico is full of rich traditions beloved by families. 

One tradition those who visit Puerto Rico will immediately notice during the holiday season is decorations. 

In Puerto Rico, decorations are typically put up by Thanksgiving, and kept up until the season concludes in mid-January, with opportune picture moments at every corner. 

Parrandas, Christmas caroling, is a holiday staple. 

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Carolers choose houses of family and friends to visit, typically starting around 10 p.m., performing aguinaldos (traditional Christmas songs), with not only their voices, but often with instruments as well, according to Discover Puerto Rico. 

The group you begin caroling with is likely not the same group you end with. 

In Puerto Rico, when carolers visit a house, they’ll often stop inside for conversation, food and drink before moving to the next residence. 

Coquito

Coquito is a popular beverage enjoyed during the holiday season in Puerto Rico. Coconut, vanilla and rum are among the ingredients. (Mayra Beltran/Houston Chronicle via Getty Images)

Usually, the residences of the house visited will join the group for the next house, according to Discover Puerto Rico. 

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A night of serenading loved ones can last quite a while, often stretching into the early morning hours of the following day, according to the source. 

The biggest day of the holiday season in Puerto Rico actually isn’t Christmas, but instead, the night before. 

In Puerto Rico, Dec. 24 is Nochebuena. On that day, loved ones gather for the exchange of gifts, caroling and a large feast. 

Many families will also attend a midnight Mass on the day, known as Misa de Gallo. 

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After Christmas passes, the festivities go on in Puerto Rico. 

Another big event in the holiday lineup is Three Kings Day on Jan. 6, a holiday that “commemorates the visit that the Three Wise Men paid to Jesus after his birth,” according to Discover Puerto Rico. 

On the eve of the day, children fill up a shoebox with grass to be left for camels to munch on while the Three Kings leave behind gifts for them, according to PuertoRico.com. 

For a particularly festive Three Kings Day, Juana Díaz is the place to go, as it hosts the largest celebration in Puerto Rico for the holiday. In Juana Díaz, there is an annual festival and parade in honor of Three Kings Day that brings together over 25,000 people every year, according to Discover Puerto Rico. 

Woman Wrapping Christmas Gifts

Gifts are primarily exchanged between loved ones on Christmas Eve in Puerto Rico. (iStock)

 

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Then, eight days later is Octavitas, a post-holiday celebration where families get together and celebrate one last time for the season. 

The end of the holiday season is marked with the San Sebastián Street Festival.

This festival, spanning over multiple days, takes place in Old San Juan, and is filled with live music, dancing, shopping and parades. 

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Small plane crashes into Brazil town popular with tourists, killing 10

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Small plane crashes into Brazil town popular with tourists, killing 10

Twin-engine plane crashed in largely residential neighborhood of Gramado shortly after takeoff, authorities say.

A small plane has crashed into a tourist hotspot in southern Brazil, killing all 10 people on board and injuring more than a dozen people on the ground, officials have said.

The twin-engine Piper PA-42-1000 hit the chimney of a home and the second floor of a different house before crashing into a shop in a largely residential neighbourhood of Gramado shortly after takeoff from Canela, Brazil’s Civil Defense agency said on Sunday.

Rio Grande do Sul Governor Eduardo Leite told a news conference that the aircraft’s owner and pilot, Luiz Claudio Galeazzi, was killed along with nine members of his family.

Leite said that 17 people on the ground were injured, 12 of whom were still receiving treatment in hospital.

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Galeazzi’s company, Galeazzi & Associados, confirmed that its CEO and Galeazzi’s wife and three daughters had died in the crash.

“Luiz Galeazzi will be forever remembered for his dedication to his family and for his remarkable career as a leader of Galeazzi & Associados,” the company said in a post on LinkedIn.

“In this moment of immense pain, Galeazzi & Associados is deeply grateful for the expressions of solidarity and affection received from friends, colleagues and the community. We also sympathize with all those affected by the accident in the region.”

Gramado, located in the Serra Gaucha mountains, is a popular destination for vacationers, especially during the Christmas season.

The crash comes a little more than a year after Brazil suffered its worst air disaster in nearly two decades when a twin-engine plane crashed in the southeastern city of Vinhedo, killing all 62 people on board.

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