Book Review | Monetary Integration In The European Union By Michele Chang
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Book Review | Monetary Integration In The European Union By Michele Chang - Video
ISLAMABAD: The European Union today criticised Pakistan for lifting self-imposed moratorium on executions and demanded its immediate restoration.
"We believe that the death penalty is not an effective tool in the fight against terrorism," EU envoy to Pakistan Lars-Gunnar Wigemark said in a statement.
Wigemark was commenting on Pakistan's plan to execute 500 condemned militants after their mercy appeals were rejected and a 2008 moratorium on death penalty was lifted.
The moratorium was lifted by Prime Minister Nawaz Sharif last week following the Peshawar school massacre that killed 150 people, including 134 children.
"The EU delegation regrets the decision of the Government of Pakistan to lift the moratorium on executions, which had been in place since 2008," the official said.
The 28-member EU hoped that Pakistan would soon discontinue hanging.
"We hope that the moratorium will be re-established at the earliest".
On Friday, Pakistan carried out its first executions since 2012 when two men convicted over their role in two separate Taliban attacks were hanged.
Four death-row terrorists were executed on Sunday for attacking former military ruler General Pervez Musharraf 11 years ago, taking the number of those hanged to six.
The EU expressed sympathy for victims of the Peshawar attack and said it stands by the side of Pakistan and shares its grief after the horrific attack.
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European Union regrets Pakistan's decision to restore death penalty
When the European Union Data Protection Protection Directive was passed in 1995, the concepts of data, data privacy and storage, and the potential for misuse of that data were very different. The internet, furthermore, was still young and the Directive, in any case, was largely based on the UK's own Data Protection Act of 1984.
A lot, obviously, has changed since then. And the challenge of regulating data as those shifts have taken place - the growth of the internet, social media, cloud computing and big data, for example - has been compounded by the different ways in which the Data Protection Directive has been implemented across the 28 countries of the EU.
What is perhaps most notable about the EU's approach to data protection legislation today is that the changes it is proposing to make will not be made in the form of a new directive, but rather in the form of a "regulation", directly applicable to member states.
"A regulation is different from a directive because a directive is a set of principles that have to be translated into local laws. A regulation comes straight from Europe. Once it is passed at a European level, it is effective immediately in each country," says Andrew Dyson, a partner and specialist in data protection at law firm DLA Piper.
That approach is double-edged. On the one hand, it means that the EU will be legislating directly in terms of data protection Europe-wide - and presumably doing so more and more in this way in future - yet it will also prevent the complaint that directives, when translated into UK law, have been "gold plated" by over-zealous drafting.
The hope, adds Dyson, speaking at Computing's recent IT Leaders' Summit in London, is that it will provide organisations - particularly ones operating across the EU - with more certainty in terms of their pan-European IT infrastructures, cloud computing, and the way in which those organisations process data across the EU. "It's quite a significant change of tack and, I think, quite helpful," says Dyson.
Global ambitions
One of the positive aspects of the proposed regulations is that organisations operating across Europe will only need to deal with one regulator - not every information commissioner in every country in the EU that they operate. "The intention is that you will just go to your 'lead' regulator in your headquarters country and deal with them exclusively for the whole of Europe," says Dyson.
However, following the Edward Snowden revelations, he warns, the momentum is behind stricter controls that may impede developments in social media, given the personal information that is provided in exchange for the use of such applications, and big data.
All of this, though, is not just on a pan-European level. Taking a leaf out of US lawmakers' books, proposals currently under consideration are extra-territorial in scope. If an EU citizen orders something from a US website, for example, the personal data generated by that transaction does not currently come under the scope of EU data protection laws. But under the data protection regulations currently being considered, EU data protection laws would apply to citizens' personal data regardless of where in the world that data is being stored and/or processed, warns Dyson.
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Will the EU data protection regulations shoot down cloud social media and big data?
Is there a risk of Ebola spreading in Europe?
Don #39;t mistake the flu or a common cold for Ebola. In this short video, the European Union and WHO want to reassure citizens who fear an Ebola outbreak in the EU. The risk of the virus spreading...
By: WHO Regional Office for Europe
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Is there a risk of Ebola spreading in Europe? - Video
European Union carbon allowances rose to the highest in more than two years as Christmas holidays and a halt of almost-daily auctions damped supply.
The benchmark front-December contract advanced 2.4 percent to the highest since Dec. 20, 2012 on the ICE Futures Europe exchange in London. The volume traded was 30 percent of the three-month average.
Allowances increased 48 percent this year as the bloc began withholding about half a years supply to help deal with a glut that built up as renewable-energy subsidies encouraged a surge in clean generation with priority access to power grids. Lawmakers are considering additional measures including a permanent reserve to further erode the accumulated oversupply.
Higher German power contracts and the missing supply from auctions helped make carbon more expensive, Bernadett Papp, an analyst at Vertis Environmental Finance Ltd. in Budapest, said today in an e-mailed response to questions. The high volatility due to the Christmas holidays can have the result of reaching new highs.
The December 2015 benchmark rose as high as 7.36 euros ($8.97) before settling at 7.34 euros with 4.6 million tons trading. Volume of prompt contracts advanced 39 percent to 1.5 million tons, or 33 percent of front-December trading. For all of last week, the figure was 3.1 percent.
The high portion of spot trading indicates demand for compliance may be stronger than supply, said Louis Redshaw, founder of Redshaw Advisors Ltd. in London, which trades on behalf of factories.
There are few sellers and not all utilities bought everything they needed before auctions stopped on Dec. 16, Redshaw said today in an e-mailed response to questions. Auctions on the European Energy Exchange AG in Leipzig, Germany, resume on Jan. 8, which could push carbon contracts lower, Bloomberg New Energy Finance said yesterday.
To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net
To contact the editors responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net Stephen Cunningham, Charlotte Porter
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EU Carbon Rises to 8-Month High as Holidays Cut Supply