EDUCATES

EDUCATES

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TRANSATLANTIC NEWS

Chapter News, News

OECD | GDP Growth in OECD Area Picks up Slightly in the Second Quarter of 2026

GDP (Gross Domestic Product) growth in the OECD area increased slightly to 0.5% in Q2 2026, up from 0.4% in the previous quarter, according to provisional estimates (Figure 1). This reflected a mixed picture across the 30 OECD countries for which data were available. In Q2 2026, 27 countries recorded growth, but at varying rates, while 3 saw no change in GDP. GDP growth in the G7 slowed to 0.3% in Q2 2026, down from 0.4% in Q1, reflecting slower...
Chapter News, News, Trade & TTIP Related

Eurostat | Euro Area International Trade in Goods Surplus €8.6 bn

€3.9 bn surplus for EU Euro area The first estimates of euro area balance showed a €8.6 bn surplus in trade in goods with the rest of the world in June 2026, compared with + €4.8 bn in June 2025. The euro area exports of goods to the rest of the world in June 2026 were €272.5 billion, an increase of 14.4% compared with June 2025 (€238.2 bn). Imports from the rest of the world stood at €264.0 bn, a rise of 13.1% compared with June 2025...
Chapter News, News

ECB | The AI Boom: Rational Enthusiasm or the Next Dot-Com Bubble?

Blog | The rise of AI has driven a blistering rally in the tech sector, bringing stock market valuations to levels last seen during the dot-com bubble. Although AI is reshaping the economy, do today’s high valuations bear the risk of an abrupt and painful setback in the euro area? Valuations on the US stock market, as measured by the CAPE ratio, are currently close to their historical peak. Euro area equity valuations have also risen, albeit to a lesser extent...
Chapter News, News

IMF | The Cost of Geoeconomic Coercion

Governments have good reasons to use tariffs or sanctions for geopolitical purposes but should consider the trade-offs. Governments worldwide increasingly are using economic policies, such as export bans, financial sanctions, and trade tariffs, to achieve noneconomic goals. The benefits of these geoeconomic policies can be significant, accomplishing a geopolitical purpose without threatening, or using, military force—and without the high human and economic costs of war. Perhaps the world should welcome this. Yet coercive policies can be costly for nations that impose...
Chapter News, News

ECB | Cash Remains Most Widely Accepted Payment Method in Euro Area

Overall, 92% of companies with physical points of sale accept cash Cash acceptance rebounds after decline observed during and after pandemic Cash widely valued for privacy and reliability, while acceptance of mobile payments rises sharply According to the latest survey on the use of cash by companies in the euro area published today by the European Central Bank, cash acceptance has rebounded slightly. In 2026, 92% of companies selling goods and services in physical locations in the retail trade, restaurants and cafés,...
Chapter News, News

European Commission | New Packaging Rules for Less Waste and Easier Recycling

From 12 August 2026, new rules on packaging and packaging waste apply in the EU. This will change the way products are packaged to protect the environment and people’s health. It will also create opportunities for businesses. Packaging uses large quantities of raw materials and generates waste that ends up in landfills or the sea. Some chemicals used in packaging can also be harmful. The new rules address these issues by setting requirements for the manufacturing and composition of all packaging placed on the EU market. They also require...

UPCOMING EACC EVENTS

Transatlantic Energy Strategies at a Turning Point: Markets, Geopolitics, and Infrastructure Investment Needs

Global energy markets are undergoing a period of profound change. Geopolitical tensions, shifting supply chains, and the accelerating demands of the AI and digital‑technology revolution are reshaping how nations think about energy security, affordability, and long‑term resilience. As electricity consumption rises and competition for reliable resources intensifies, both Europe and the North America face pressure to diversify their energy mixes and modernize aging infrastructure.

    PARTNER EVENTS

    WEBINAR | AI's Investment Boom and the Winding Path to Productivity

    Hosted by PNC Bank | AI’s most immediate economic impact is visible in a historic infrastructure buildout that is supporting growth while contributing to near-term inflationary pressures. The larger productivity payoff will come later, as firms invest in complementary capabilities and learn how to integrate AI across workflows, products, and production.

      MEMBER NEWS

      Member News, News, Trade & TTIP Related

      Jaguar Freight | Rate Check

      In this week’s Roar: Global trade remains robust, the U.S.-Asia trade war, diesel prices are up and so are global air freight rates, and how far global CEOs will go to mitigate risk. So far this year, global trade has remained surprisingly robust, especially from China. But shipping lines and ports still face challenges as empty containers pile up in the U.S. and Europe. The East-West trade imbalance is worsening, driving port congestion that hinders efficiency and burdens carriers with zero-revenue...
      Member News, News

      Bannockburn | US-Canada Trade War Escalates, while US Seek to Choke the Iranian Economy

      The US dollar is trading higher against nearly all the currencies. Equity markets are mixed and bond yields are lower alongside oil prices. There are two major developments.  First, the US and Canada trade talks broke down, and the risk is further escalation. Last week, President Trump has granted Canada a three-day grace period from the 50% tariffs on $20 bln of Canadian goods, even those that were protected by the USMCA saying a deal was struck. Canadian Prime Minister...
      Member News, News, Trade & TTIP Related

      Troutman Pepper Locke | Three-Day Suspension of Section 338 Additional Duties on Canadian Imports

      Key Points: President Trump suspended additional ad valorem duties of up to 50% on certain Canadian imports under Section 338 of the Tariff Act of 1930 for three days, shifting the effective date from August 19 to August 22, 2026, covering the alcoholic beverages, dairy, and motor vehicles sectors.  Companies with Canadian supply chain exposure in the Covered Sectors should monitor developments closely, as ongoing negotiations may result in further presidential action — including an extension, permanent revocation, or imposition of...
      Member News, News

      CMS | The European Health Data Space: Are Your Collaboration Agreements Future Proof?

      The European Union has laid the foundations for a new system for health data. After years of political wrangling, the European Health Data Space (“EHDS”) Regulation has now entered into force. This creates a framework to improve access to electronic health data and facilitate its use for research, innovation and regulatory purposes across the EU. For life sciences companies, universities, NHS partners, CROs and technology transfer offices, this is not simply a regulatory change. It has the potential to change...
      Member News, News

      FBT Gibbons | It’s Election Season: Investment Advisers Beware of the SEC Pay-to-Play Rule

      With highly contested midterm elections less than three months away, investment advisers must be aware of, and pay close attention to, the Securities and Exchange Commission’s (SEC) pay-to-play rule governing their business, SEC Rule 206(4)-5. The rule provides that when investment advisory firms and their covered associates make political contributions to certain candidates, the firms are prohibited from providing services for compensation to the governmental entities that the candidates can control or exert influence over. The rule also prohibits...
      Member News, New York Related News, News

      Troutman Pepper Locke | From Broad to Barely There: The NYLTA’s Dramatic Scope Reduction

      Key Points The New York Limited Liability Company Transparency Act (NYLTA), effective January 1, 2026, applies exclusively to LLCs formed under the laws of a foreign country that are authorized to do business in New York — all U.S.-formed LLCs are exempt from its beneficial ownership information (BOI) reporting requirements. Foreign LLCs authorized to do business in New York before January 1, 2026, must file an initial BOI Disclosure Report or Attestation of Exemption by December 31, 2026; those...

      Latest & Leading

      New Micropodcast Series: What’s Happening Across the Atlantic

      The EACCNY is happy to announce the launch of its “What’s Happening Across the Atlantic” series, an initiative that aims to offer our members and wider audience hands-on updates on current affairs and policy developments on both sides of the pond. In these 3-5 minute segments, EU and US policy makers and experts along with a select group of EACCNY members will answer a single timely question: What’s Happening Across the Atlantic” focusing on a specific topic that is relevant to our audience.

      Member Spotlight

      CLA (CliftonLarsonAllen) is a professional services firm delivering integrated wealth advisory, digital, audit, tax, and consulting and outsourcing services to help clients succeed professionally and personally. CLA has more than 130 offices, 8,500 employees in the US and a global presence, due to being members of the CLA Global network. CLA’s Global Concierge Services support companies entering and expanding in the US- acting as a single point of contact for your expansion, our nimble, proactive team organizes the services you need to be successful in the U.S.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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