Chapter News

ECB Interview | Inflation expected to decline over 2022

Inflation will remain high at the start of 2022 but will fall later on, especially towards the end of the year, Chief Economist Philip R. Lane tells Verslo žinios. Our current projections foresee inflation below the 2% target in 2023 and 2024. I just read the news this morning that the latest Purchasing Managers’ Index published this Monday shows that the eurozone economic recovery weakened further in January. This is due to the new restrictions imposed to contain the Omicron...

Read more

Chapter News

IMF | A Disrupted Global Recovery

Growth slows as economies grapple with supply disruptions, higher inflation, record debt and persistent uncertainty. The continuing global recovery faces multiple challenges as the pandemic enters its third year. The rapid spread of the Omicron variant has led to renewed mobility restrictions in many countries and increased labor shortages. Supply disruptions still weigh on activity and are contributing to higher inflation, adding to pressures from strong demand and elevated food and energy prices. Moreover, record debt and rising inflation...

Read more

Member News

Orrick | Largest Ever Annual Adjustment to the HSR Premerger Notification Thresholds Announced

Takeaways The new minimum HSR “Size of Transaction” threshold is increasing from $92 million to $101 million. New thresholds apply to transactions closing on or after February 23, 2022. This $9 million increase is the largest ever annual adjustment to the minimum HSR “Size of Transaction” threshold. Failure to file may result in a fine of up to $46,517 per day of non-compliance. The HSR Act casts a wide net, catching mergers and acquisitions, minority stock positions (including compensation...

Read more

Member News

Thompson Hine | FTC Announces Increases to HSR Filing Thresholds for 2022

Key Notes: The HSR size-of-transaction threshold will increase from $92 million to $101 million. The Federal Trade Commission (FTC) announced on Friday that the jurisdictional thresholds for filings under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act will increase in 2022, including an increase of nearly 10% in the size-of-transaction threshold from $92 million to $101 million. As required by statute, the FTC adjusts the HSR thresholds annually based on the change in gross national product. The HSR thresholds decreased in 2021—a rare...

Read more

Chapter News

UN-EU strategic partnership on peace operations and crisis management: EU Council conclusions on priorities for 2022-2024

The Council approved conclusions today endorsing the new priorities for the 2022-2024 period under the UN-EU strategic partnership on peace operations and crisis management. The Council reiterates the firm commitment made by the EU and its member states to uphold the multilateral rules-based global order with the United Nations at its core, and it commends the achievements and recognises the mutually beneficial nature of the longstanding UN-EU cooperation on peacekeeping and civilian, police and military crisis management. The Council welcomes...

Read more

COVID-19 News, Member News

MPC Consultants | Covid 19: Where are we now & what have we learned: A look back

If we’ve learned one thing over the past 2 years, it’s that the only predictable thing is that this pandemic is unpredictable. Viruses mutate in nature constantly. Most mutations do not amount to anything significant, but given time and endless probabilities, an occasional mutation will make a virus different enough that it might escape a body’s natural immunity or the immunity conferred by vaccinations. The virus might be more easily transmissible or more virulent or both. The Omicron variant was...

Read more

Member News

CEA Legal | Industry and Legal Trends to Watch in 2022

2022 is here, and hopefully, it will be remembered as the year we put an end to Covid-19. Several industries are poised to complete the economic rebound or even boom. These are sectors that we at Cea Legal will be following closely: Blockchain, blockchain, blockchain! 2021 was an amazing year for the blockchain industry, as the business world better understood that the magnitude of this technology is much bigger than the pioneer, Bitcoin. Since the iconic sale of Beeple digital art...

Read more

Chapter News

NextGenerationEU: European Commission disburses €271 million in pre-financing to Finland

The European Commission has today disbursed €271 million to Finland in pre-financing, equivalent to 13% of the country's financial allocation under the Recovery and Resilience Facility (RRF). The pre-financing payment will help kick-start the implementation of the crucial investment and reform measures outlined in Finland's recovery and resilience plan. The Commission will authorise further disbursements based on the implementation of the investments and reforms outlined in Finland's recovery and resilience plan. The country is set to receive €2.1 billion in...

Read more

Chapter News, Trade & TTIP Related

EU challenges Russian export restrictions on wood at WTO

Today, the EU is requesting consultations with Russia at the World Trade Organization (WTO) concerning export restrictions placed by Russia on wood products. The export restrictions consist of significantly increased export duties on certain wood products and a drastic reduction in the number of border crossing points through which exports of wood products can take place. The Russian restrictions are highly detrimental to the EU wood processing industry, which relies on exports from Russia, and create significant uncertainty on the...

Read more

Member News

Vulcan Insight | Cryptoeconomy facing increasing regulatory hurdles

On Thursday the Russian Central Bank proposed a ban on the use and mining of cryptocurrencies in a bid to stave off increasing financial instability and safeguard monetary policy dominance. This comes just days after the Financial Conduct Authority in the UK announced it will be cracking down on the use of promotional ads and marketing strategies by cryptocurrency traders, fearing that consumers are being misled into undertaking risky investments they do not understand. This follows a move in December 2021...

Read more