14 Jul
Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – Lots of letters, air rates holding steady, it’s worse again in the Red Sea, the final end of the de minimis exemption, and what does supply chain resilience really mean?

President Trump has sent letters to over two dozen countries (so far) warning them of new, higher tariffs that are set to take effect August 1. That is, unless, they secure new trade deals with the US. Many of the new rates are close to what Trump had imposed as part of his “liberation day” tariff rollout in April, which set a 10% baseline for nearly all countries and slapped much higher duties on dozens of individual nations. According to the letters,...

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11 Jul
Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | Trade shocks, employment and the coming recession

The recession will start on the docks of Los Angeles. It will be a product of a rational response of producers, wholesalers and retailers to the uncertainty created by policymakers. The cost of those policy decisions is a misapplied consumption tax on households and businesses, which will soon cause a premature and unnecessary end to the expansion. Rising inflation, declining real incomes and increasing unemployment will follow. The price of those policies will first be paid at the ports and then...

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11 Jul
Chapter News

ECB | Banks have made good progress in managing climate and nature risks – and must continue

By Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB European banks have made forward strides in managing climate and nature-related risks. But more still needs to be done as we often see that practices are only applied to a subset of relevant exposures, geographic areas and risk categories. To help banks improve further, later this year the ECB will publish an updated set of good practices observed in banks...

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11 Jul
Chapter News

IMF Executive Board Concludes 2025 Consultation with Euro Area

Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the 2025 discussions on common euro area policies with member countries. This year, the consultation also included a discussion of the findings of the Financial Sector Assessment Program (FSAP) exercise for the euro area. Growth in the euro area is likely to stay moderate over 2025-27. Trade tensions and elevated uncertainty are expected to weigh on activity, despite some boost from higher defense and infrastructure spending. In addition, the geopolitical...

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11 Jul
Member News

Eversheds Sutherland recognized among top 10 law firms globally for M&A deals

Eversheds Sutherland has been recognized as one of the top global law firms for mergers and acquisitions (M&A) deals in the first half of 2025. According to the latest report by the London Stock Exchange Group (LSEG), the firm ranked ninth globally for the number of announced and completed deals, reaffirming its position as a leading advisor in the M&A sector. The report highlights Eversheds Sutherland's involvement in 165 announced transactions worth $23.37 billion and 158 completed deals valued at $17.44...

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11 Jul
Member News

Vulcan View: The latest EU developments 7 July – 11 July

Commission President von der Leyen survives no-confidence vote On Monday, July 7, European Commission President Ursula von der Leyen addressed the European Parliament in Strasbourg regarding ongoing allegations related to the so-called “Pfizergate” controversy, which had prompted a motion of censure from far-right groups. During her remarks, von der Leyen firmly denied the accusations and described them as unfounded and politically motivated, seeking to defend both her integrity and the Commission’s conduct in vaccine procurement. She defended her leadership and vaccine...

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10 Jul
Member News

CLA (CliftonLarsonAllen) | OBBBA Is Now Law — What the Real Estate Industry Needs to Know

OBBBA introduces permanent tax changes for real estate, enhancing deductions, Opportunity Zones, REIT flexibility, and LIHTC benefits. The One Big Beautiful Bill Act (OBBBA) was signed into law late last week. While OBBBA introduces wide-ranging tax changes for all sectors, the real estate industry faces a distinct set of opportunities and challenges. Below, we explore what these changes mean for owners, developers, and investors — and how to prepare. For a comprehensive overview of the tax provisions in OBBBA, including restoration...

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10 Jul
Chapter News

ECB | Shifting payment landscape: what a digital euro will bring

Speech by Piero Cipollone, Member of the Executive Board of the ECB, at Banka Slovenije It is a pleasure to speak to you today. The ongoing shift in the way we pay is affecting the fundamental fabric of our economies. Whether we are consumers browsing digital marketplaces, entrepreneurs pursuing digital innovation, or decision-makers facing the digital transition, we are all involved in reshaping payments. Payments are more than a means of settling transactions, they are the lifeblood of a modern economy. And...

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10 Jul
Chapter News

OECD job markets remain resilient but population ageing will cause significant labour shortages and fiscal pressures

Job markets remain resilient, with labour force participation reaching record highs in many OECD countries and unemployment at historically low levels. However, there are signs of a slowdown as geopolitical and trade policy uncertainties dampen economic activity, according to a new OECD report. The OECD Employment Outlook 2025 reports that OECD-wide employment, which reached 668 million in May 2025 – up by about 26% since 2001 – is expected to grow by around 1.1% in 2025 and 0.7% in 2026. Having been...

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10 Jul
Chapter News, New York Related News

NY Fed | Short-Term Inflation Expectations Tick Down, Household Financial Expectations Improve

NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the June 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations ticked down at the short-term horizon and remained unchanged at the medium- and longer-term horizons. Unemployment and job loss expectations improved. Spending growth expectations slightly declined, while household income growth expectations increased. Households were more optimistic about their year-ahead financial situations and credit access. The survey was fielded from June 2 through June...

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