Chapter News

Winter 2023 Economic Forecast: EU economy set to avoid recession, but headwinds persist

Almost one year after Russia launched its war of aggression against Ukraine, the EU economy entered 2023 on a better footing than projected in autumn. The Winter interim Forecast lifts the growth outlook for this year to 0.8% in the EU and 0.9% in the euro area. Both areas are now set to narrowly avoid the technical recession that was anticipated for the turn of the year. The forecast also slightly lowers the projections for inflation for both 2023...

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Member News, Trade & TTIP Related

GDLSK | Court of International Trade opines on the use of the First Sale Rule

On February 9, 2023 the U.S. Court of International Trade (CIT) issued an opinion (Meyer Corp. vs United States, slip op. 23-13) which may impact the use of the “First Sale” method of duty appraisement. The court ruling highlights the need for importers to provide sufficient information to CBP when seeking approval to use the First Sale to make entry. The case involved an ongoing dispute between Meyer Corp. and CBP over the valuation (and GSP treatment) of merchandise imported...

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Member News

IE University | Josep Borrell calls for young generation to shape a better future at IE School of Politics, Economics and Global Affairs

Josep Borrell visited IE University to join a discussion on the new world order at the launch of a new phase of the school | Josep Borrell, Vice-President of the European Commission and High Representative of the European Union (EU) for Foreign Affairs and Security Policy, visited IE University to share his views on the new global order at the celebration of a new chapter for IE School of Politics, Economics and Global Affairs. “As global change is accelerating, we can...

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Chapter News

IMF | A New Political Order Emerges: Sunil Sharma interviews Gary Gerstle

US historian Gary Gerstle explains how globalization helped entrench neoliberalism while also bringing about its demise Some moments in US history need decades to be fully grasped—they aren’t bound by the two-, four-, and six-year election cycles. Such periods, called “political orders” by US historian and Cambridge professor of American history Gary Gerstle, author of The Rise and Fall of the Neoliberal Order, are a new way of rethinking political time. The New Deal and the neoliberalism that followed were...

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Chapter News

Signatories of the Code of Practice on Disinformation deliver their first baseline reports in the Transparency Centre

Today, the first baseline reports on the implementation of the Code of Practice are available online, as the first version of the Transparency Centre of the Code of Practice on Disinformation goes live. 30 Signatories of the Code of Practice on Disinformation, including all major online platform signatories (Google, Meta, Microsoft, TikTok, Twitter), have submitted their first baseline reports on the implementation of the commitments they took under the Code of Practice on Disinformation. Signatories had six months after signing the...

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Member News

Global Taxes LLC | Trump Verdict Highlights Tax Dangers of Fringe Benefits

A jury in New York recently found two Trump Organization companies guilty on multiple charges of criminal tax fraud and falsifying business records. The case was in connection with a longtime scheme to fail to report and pay taxes on compensation for top executives. (The verdict involved Trump Organization’s Trump Corp. and Trump Payroll Corp. units. Neither former President Donald Trump nor his family were charged in the case, but he was mentioned repeatedly during the trial by prosecutors.) Over more than...

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Chapter News

EU Commission sets out rules for renewable hydrogen

Today, the Commission has proposed detailed rules to define what constitutes renewable hydrogen in the EU, with the adoption of two Delegated Acts required under the Renewable Energy Directive. These Acts are part of a broad EU regulatory framework for hydrogen which includes energy infrastructure investments and state aid rules, and legislative targets for renewable hydrogen for the industry and transport sectors. They will ensure that all renewable fuels of non-biological origin (also known as RFNBOs) are produced from...

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Member News

Jaguar Freight | Weekly Roar: Let there be light

In this week’s Roar: a (possible) bottom for logistics activities, a glut of boxes, repositioning to China, air cargo back to ‘normal’, and retailers still feeling sluggish. Just released transportation metrics show the downward spiral has slowed a bit. The overall LMI (Logistics Managers’ Index) logged in at 57.6 in January, three points higher than in December which is the second straight increase for the index after falling seven of eight months. “Inventories are much lower now than they were...

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Member News

Mason Hayes & Curran | Designing Cookie Banners: The EDPB’s Cookie Banner Task Force Publishes Draft Report

In September 2021, the European Data Protection Board (EDPB) set up a Cookie Banner Taskforce (Taskforce) to coordinate the response to several hundred complaints made to data protection supervisory authorities (SAs) by the NGO NOYB concerning the design and characteristics of cookie banners. The objectives of the Taskforce are to promote cooperation, information sharing and best practices. On 18 January 2023, the Taskforce published its draft report on work undertaken to date. In the report, the SAs agreed on an...

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Member News

Vulcan Insight | Negotiations over the AI Act enter the final stages in the European Parliament

Some progress was made this week on the AI Act as lead negotiators in the European Parliament came to an agreement on a set of compromised amendments. The EU AI Act, which was first published by the European Commission in April 2021, is a flagship proposal to regulate Artificial Intelligence technology in the EU. The overarching objective of the proposal is to ensure that AI systems placed on the EU market and used within the bloc are safe and...

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