01 Aug
Member News

Vulcan View: The latest EU developments 28 July – 1 August

EU and US reach a trade agreement On Sunday, 27 July, European Commission President Ursula von der Leyen met with US President Donald Trump in Scotland to advance discussions on EU-US trade relations ahead of the 1 August tariff implementation deadline set by the US administration. During the meeting, Trump indicated that, should an agreement be reached, this would be “the end of it for a number of years.” A preliminary 15% tariff framework agreement was reached, under which the EU commits...

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31 Jul
Chapter News

European Commission | EU presents voluntary sustainability reporting standard to ease burden on SMEs

The Commission has today adopted a recommendation on voluntary sustainability reporting for small and medium-sized companies (SMEs). The recommendation presents a voluntary standard that will make it easier for SMEs that are not covered by the Corporate Sustainability Reporting Directive (CSRD) to respond to specific requests for sustainability information from large financial institutions and companies. The voluntary standard for SMEs (VSME) was developed by EFRAG, the Commission's technical advisory body for sustainability reporting. The Commission encourages large companies and financial institutions that seek sustainability...

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31 Jul
Chapter News

IMF | New Standards for Economic Data Aim to Sharpen View of Global Economy

By Vladimir Klyuev and James Tebrake The updated System of National Accounts better captures digitalization, intangible assets, and global production—helping governments support growth, jobs, and investment The cornerstones of our digital world—from smartphone apps to new digital assets and artificial intelligence tools—didn’t exist back in 2008, the last time the world’s statistical community overhauled its approach to standardizing how countries measure the economy. Now, an updated System of National Accounts—the global standard for producing measures of economic activity—more fully incorporates emerging technologies, digital...

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31 Jul
Chapter News

ECB | The ripple effects of monetary policy on housing and consumption

By Niccolò Battistini and Johannes Gareis Monetary policy has an impact on our daily lives. This post explores the ripple effects of the ECB’s recent monetary policy on housing affordability, housing sales and households’ home goods consumption. Monetary policy decisions affect the economy by influencing how much people can afford, invest and consume. The housing market is an important channel for this: changes in monetary policy affect mortgage interest rates, which in turn affect housing sales. However, since buying a home...

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31 Jul
Member News

opAIda.ai Unveils AI-Powered RFI Automation Platform to Scale Global Reach

New York, NY - July 30, 2025 In a bold move to streamline one of the most burdensome processes in enterprise operations, opAida.ai today announced the launch of RFI, an AI-driven platform that automates responses to Requests for Information-empowering business teams to respond faster, more accurately, and with complete transparency. "Manual RFI responses cost companies time, money, and momentum," said Dr. Tianhao Wu, Co-Founder and CEO of opAida.ai. "With opAida's RFI platform, teams go from burdened to empowered-delivering answers with over...

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30 Jul
Member News

ACG Resources | Simplify Summer Hiring with ACG’s Employer of Record Services

Streamline Your Internships, Contractors, and Temporary Hiring with ACG Resources As summer internship season kicks off, it’s the perfect time to ensure your hiring process is smooth, compliant, and hassle-free. At ACG Resources, we provide Employer of Record (EOR) and payroll services not only for summer interns, but also for any contractors or temporary employees you’d like to bring on without adding them to your payroll. By acting as the official employer of record, we handle the legal and administrative responsibilities so you can focus...

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30 Jul
Chapter News, Trade & TTIP Related

IMF | World Economic Outlook Update, July 2025: Opening Remarks by Pierre-Olivier Gourinchas, Economic Counsellor and Director of the Research Department

Global trade developments continue to shape the outlook. Following an unprecedented escalation in tariffs imposed on the rest of the world in April, the United States partly reversed course, pausing the higher tariffs for most of its trading partners. This, and a de-escalation of trade tensions with China in May, modestly reduced the US effective tariff rate from 24% to about 17%. Despite these welcome developments, tariffs remain historically high, and global policy remains highly uncertain, with only a few countries...

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30 Jul
Chapter News, Trade & TTIP Related

ECB | China-US trade tensions could bring more Chinese exports and lower prices to Europe

By Lukas Boeckelmann, Lorenz Emter, Vanessa Gunnella, Karin Klieber and Tajda Spital With trade tensions between China and the United States reaching new heights, Chinese exports may be redirected to the euro area. In a severe scenario, this additional supply and the accompanying lower import prices could bring down euro area inflation by as much as 0.15 percentage points. The United States has imposed tariffs on many trading partners, with China being hit particularly hard. Hamstrung by higher US tariffs, Chinese...

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29 Jul
Chapter News

ECB | From hype to hazard: what stablecoins mean for Europe

Stablecoins are reshaping global finance – with the US dollar at the helm. Without a strategic response, European monetary sovereignty and financial stability could erode. However, in this disruption there is also an opportunity for the euro to emerge stronger. Stablecoins are reshaping global finance – with the US dollar at the helm. Without a strategic response, European monetary sovereignty and financial stability could erode. However, in this disruption there is also an opportunity for the euro to emerge stronger....

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29 Jul
Member News, Trade & TTIP Related

Bannockburn Capital Markets | Trade Deal Weighs on the Euro

Overview: The US and EU struck a trade deal that is less onerous than threatened and reduces the uncertainty plaguing businesses and investors. In May, President Trump threatened a 50% tariff on most EU goods, and yesterday, agreed to 15% (including autos and pharma, but not metals). There seems to be some debate over whether quota and tariff system will apply to steel and aluminum. The EU reportedly agreed to purchase $750 bln of US energy, "vast amounts" of military...

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