The EU has provided EUR 450 million (USD 503 million) for weapons, including air defence systems, anti-tank weapons, ammunition and other military equipment for the Ukrainian Armed Forces. A further EUR 50 million will be provided for fuel, bulletproof vests, helmets and first aid kits.
Since the EU Treaties do not allow the use of the EU budget for military purposes, the Community is introducing an instrument called the “European Peace Fund”, which allows the provision of military aid of up to EUR 5 billion.
The United States is also increasing its supplies and is providing an additional USD 350 million (EUR 313 million) in military aid, including Javelin anti-tank missiles, Stinger anti-aircraft missiles, small arms and ammunition.
On 18 June 2021, the EDPB adopted internal document No. 04/2021 on the criteria for the territorial competence of supervisory authorities for the enforcement of Article 5(3) of the ePrivacy Directive.
Problem of territorial application
In view of recent decisions adopted by some SAs that are competent to enforce Article 5(3) of the ePrivacy Directive[1], the EDPB has issued an Opinion aimed at establishing a uniform interpretation regulations of the territorial jurisdiction of SAs responsible for the enforcement of Article 5(3). Decisions adopted by SAs have shown that the territorial scope of application of the Directive may vary between different SAs, particularly where the controller/service provider is established in several Member States. Uncertainties on this issue could jeopardize decisions adopted by SAs across the Union.
On 22 February 2022 KIELTYKA KG LEGAL will take place in the Future of Beauty Festival as a part of Wall Street Journal Festival of Everything. The participants of the event will learn about the latest innovations shaping the future of beauty, from cosmetic industry giants harnessing the power of data analytics and artificial intelligence, to wellness technologies prompting consumers to take a more expansive view of beauty that includes mindfulness, nutrition and lifestyle choices. The speakers will also focus on the impact of the pandemic on these trends. The speakers will include Katie Sturino, Founder, Megababe, The Future of Beauty; Ellie Austin, News Editor, Live Journalism, The Wall Street Journal; Sara Castellanos, News Editor, Live Journalism, The Wall Street Journal Future of Beauty
The previous energy market model in Poland was based on a monopoly of five different electricity suppliers.
Since 2007, the energy market in Poland has been liberalised and both companies and individuals are free to change their energy supplier. However, elements of a monopoly remain, as energy production and transmission is still the responsibility of these companies. Energy trading, on the other hand, is completely free. All elements of this market are licensed and supervised by the Polish Energy Regulatory Office. At present, the energy sector is being restructured and put in order, especially as regards competition. In the near future, the situation related to the stable position on the energy producer market may change drastically due to the new energy policy and the gradual abandonment of energy production from fossil fuels. This may lead to the liberalisation of the energy production and transmission market and an increase in the number of energy traders.
Pyramid promotional schemes involve consumers being persuaded to participate in a “project” in exchange for the promise of remuneration or other benefits, which depend primarily on bringing more people into the scheme rather than on the sale or consumption of products. Such schemes most often offer investments in tokens, cryptocurrencies, educational or language packages, apartments, etc.
The scheme of operation of a pyramid scheme is basically as follows: you put money into a supposed investment, you refer other people, and you get paid for introducing them. Your money is not actually invested, it is used to compensate the people who brought you into the system. At the same time, your compensation comes from the contributions of people you have directly and indirectly referred. In this way, it is you, your friends and your friends of friends who are funding a system that is not really investing anything. Therefore, after a period of time, the system has to fail because the money paid in is not invested in any assets and does not make a profit. The money goes to the organizers and the highest position in the chain. The system works as long as the number of people joining and contributing money increases exponentially, which is not sustainable. As a result, the system collapses and the money invested is lost.
