Month: September 2022

The European Union’s in-house privacy watchdog has sued lawmakers over legislation that would effectively wipe out its previous enforcement against Europol, the bloc’s law enforcement agency. In January, the European Data Protection Supervisor ordered Europol to erase data concerning individuals who have no established link to a crime, after finding that the law enforcement agency […]

The U.K. government formally lifted a ban on fracking for shale gas in England on Thursday, citing Russia’s war on Ukraine and the “weaponization of energy” as justification for exploring “all avenues” to achieve energy security. A moratorium on shale-gas production has been in place in England since 2019, amid concerns about minor earthquakes set […]

The Bank of England Thursday raised its benchmark interest rates by 50 basis points to 2.25 percent, disappointing investors who had largely bet on an even more aggressive hike. The Bank’s Monetary Policy Committee was split on the decision. According to the statement “five members voted to raise Bank Rate by 0.5 percentage points, three members preferred […]