Less productivity growth compared to United States mainly due to stronger US tech sector
Pressure China to play by global trade rules. Do not be afraid of imposing tariffs and using subsidies of its ownBRUSSELS – Europe must lower its energy prices, develop capital markets and have stronger industrial and trade policies to be competitive, former Italian prime minister Mario Draghi said ahead of the publication of his report commissioned by the EU.
This productivity gap is likely to widen as the US pulls ahead in artificial antelligence and cloud computing, he said. European companies must boost spending on research and innovation, which is currently half that of US firms, he said. Draghi said the EU needed to coordinate preferential trade agreements and direct investment with resource-rich nations, build stockpiles in selected critical areas, and create industrial partnerships to secure key technology supply chains.
US Tech Sector Artificial Intelligence EU Renewable Energy Sources Research And Innovation
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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