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Spain and France announce state aid to revive stricken car industries

Spain and France announce state aid to revive stricken car industries

What just happened?

Last week, Spain’s government injected €3.7 billion into reviving its ailing automobile industry. This followed an €8 billion pledge made by French President Emmanuel Macron to invest in green subsidies and research in hydrogen-powered vehicles and driverless cars.

Distortion of Competition, 'WhatsApp pay' is Suspended in Brazil

Distortion of Competition, 'WhatsApp pay' is Suspended in Brazil

What just happened?

WhatsApp has launched the free payment platform in Brazil, indicating the integration of payment services and social media. However, this new service has been suspended by the Brazilian regulator within one week.

2020 and Beyond: A Legal Space Odyssey

2020 and Beyond: A Legal Space Odyssey

What just happened?

The European Space Agency has confirmed that the world's First Space Debris Removal is expected to launch by 2025. The mission is being undertaken by ClearSpace, a startup-led commercial consortium to service orbital tourism, including Debris Removal.

Beyond Petroleum: COVID-19 forces Oil Industry to consider its future

Beyond Petroleum: COVID-19 forces Oil Industry to consider its future

What has just happened?

In the wake of the coronavirus pandemic, oil companies around the world have been buffeted by decreased demand and mounting debt. As OPEC forecasts a 6.4 million barrel per day downtick in the global demand for oil, the route out of the crisis for oil producers appears to be a treacherous one.

Off-Shore or Off-Limits? The Legal Concerns Surrounding Gazprom’s Nord Stream 2 Project

Off-Shore or Off-Limits? The Legal Concerns Surrounding Gazprom’s Nord Stream 2 Project

What has just happened?

Gazprom have stated that they will sue Germany over the decision not to exempt their gas pipeline from EU competition standards under the EU Third Energy Package. The EU package prohibits energy monopolies and the supplier of gas from also owning the pipeline. This is intended to improve the functioning of the internal energy market and resolve certain structural problems.

Copyright Confusion – Ed Sheeran landed with a brand-new lawsuit, for, the same claim?

Copyright Confusion – Ed Sheeran landed with a brand-new lawsuit, for, the same claim?

What just happened?

In 2016 two lawsuits were filed against singer/songwriter Ed Sheeran claiming copyright infringement on Marvin Gaye’s “Let’s Get It On” by Ed Townsend’s heirs (co-writer), and a company called Structured Asset Sale who hold shares in the song’s copyright. Both claimed Sheeran lifted a number of musical elements from their song and placed them in his 2014 release “Thinking Out Loud”.

The Privatisation of Space Exploration

The Privatisation of Space Exploration

What just happened?

SpaceX is the first private company to launch humans into orbit. Bob Behnken and Doug Hurley were the first to fly in the SpaceX Dragon Capsule on top of the Company's Falcon 9 rocket. The delayed launch on May 30th at 3.22 pm has provided the country a 'morale boost' since the past few months of unrest, the financial times reported.

Are EU’s bailouts destroying the level playing field?

Are EU’s bailouts destroying the level playing field?

What just happened?

Lufthansa has accepted the €9billion bailout deal, as the latest EU’s approval on State aid after those to major European airlines such as Air France and SAS Scandinavian. Meanwhile, Ryanair CEO O'Leary has filed complaints to the EU about these discriminatory government support against competition rules.

KPMG Faces €250 Million Negligence Suit: A Lesson in Following Established Procedures

KPMG Faces €250 Million Negligence Suit: A Lesson in Following Established Procedures

What just happened?

KPMG, one of the Big 4 accounting firms has been facing heat during the past few weeks over allegations of being negligent on the Carillion group’s accounts. The claim has been brought forward by liquidators working for the United Kingdoms (“UK”) Government, making this is the first time that such a claim has been made in this country.

The Beauty of the East is Fading Away……

The Beauty of the East is Fading Away……

What just happened?

China has announced to the World that it would impose a national security law on Hong Kong. From the outset, this legislation is a threat to Hong Kong's liberties. At LawMiracle, we believe that such forceful implementation will affect the territory's attractiveness as a business and economic powerhouse.

Digital Currency Series: Are Complementary Currency, the solution for Small and Medium-sized Enterprises (SMEs) post COVID-19?

Digital Currency Series: Are Complementary Currency, the solution for Small and Medium-sized Enterprises (SMEs) post COVID-19?

What just happened?

The cash flow of SME’S is frequently depleting due to disruptions in supply chains and sales while managing fixed recurring costs. At LawMiracle, we believe the use of digital complementary currency (CC) seems likely to be one of the few viable ways the SME’s can offset the impact of COVID-19.