Member News

AICEP Portugal Global | New Platform “PORTUGAL FOR U.S.: Curated Content. Curated Shopping.”

Welcome to the new PORTUGAL FOR US platform, a dedicated marketplace that showcases the best brands and the latest collections exclusively made in Portugal. The new marketplace is available at www.portugalforus.com. Online shopping is one of the highest global growth trends and the United States is already one of the largest markets for the Portuguese fashion and home decor industries, with continuous growth in all product segments. With this new platform, AICEP – Portugal Global USA wants to scale up and...

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Chapter News

U.S. FED | Speech by Governor Waller on the economic outlook: A Case for Cautious Optimism

Governor Christopher J. Waller at the C. Peter McColough Series on International Economics, Council on Foreign Relations, New York, New York | Thank you, Ben, and thank you to the Council on Foreign Relations (CFR) for inviting me to be part of this discussion. It has been close to a year since the Federal Open Market Committee (FOMC) began tightening monetary policy. We began raising interest rates in March 2022 and shrinking our securities holdings in June in order to...

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Member News

EIB | Untangling the polycrisis

As the World Economic Forum in Davos focuses on the ‘polycrisis’, the solution is to see this as a time of ‘polyopportunity’ for investment The congress centre, town and surrounding ski slopes promise a familiar backdrop for this year’s World Economic Forum in Davos, Switzerland. But the global context framing the debates among the world’s leading economists, politicians, business leaders and intellectuals represents uncharted territory. The world has lurched from one crisis to the next, and it faces several crises all...

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Member News

Osborne Clarke | What’s on the horizon in 2023 for Global HR?

HR is faced with a constant challenge to foresee, adapt and respond to new ways in which people want and expect to work Along with the immediate need to respond to concerns about the economic slowdown – and the global restructurings and reductions in forces that it spurs – HR teams are required to meet "business as usual" demands to retain and attract talent that is loyal and the best despite the difficult conditions. This means responding to the technological...

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Member News, New York Related News

Ogletree Deakins | New York City Holds Second Public Hearing on Updated Proposed Rules for Automated Employment Decision Tools

On January 23, 2023, the New York City Department of Consumer and Worker Protection (DCWP) held a public hearing on updated proposed rules to implement the city’s automated employment decision tools (AEDT) law (Local Law 144). As we previously reported, the updated proposed rules were issued following a significant volume of public input concerning an initial version of the rules released on September 23, 2022. Like the initial hearing convened in 2022, the second hearing attracted a sizeable audience of...

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Chapter News

IMF | Confronting Fragmentation Where It Matters Most: Trade, Debt, and Climate Action

Fragmentation could make it even more difficult to help many vulnerable emerging and developing economies that have been hard hit by multiple shocks As policymakers and business leaders gather at the World Economic Forum in Davos, they are facing a Gordian knot of challenges . From the global economic slowdown and climate change to the cost-of-living crisis and high debt levels: there is no easy way to cut through it. Added to this are geopolitical tensions that have made it even...

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Member News

Bennett Jones | Assessing the Potential Risks to the Sustainability of the Government of Canada’s Current Fiscal Plan

The Government of Canada's current fiscal plan may not tell the full story of the country's financial path. Budget 2022 and the November economic statement have laid out a fiscal plan based on plausible but optimistic assumptions about the economic and interest rate context that Canada will operate in for the foreseeable future. There are three key risks to the sustainability of the currect fiscal plan that we address in our assessment: planned spending is unlikely to be adequate to deliver...

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Chapter News

Food security and ecosystem resilience: EU Commission boosts action on pollinators

Today, the Commission is presenting 'A New Deal for Pollinators' to tackle the alarming decline in wild pollinating insects in Europe, revising the 2018 EU Pollinators Initiative. Citizens have been increasingly calling for decisive action against pollinator loss, also through the recent successful European Citizens' Initiative ‘Save Bees and Farmers'. The renewed initiative sets out actions to be taken by the EU and the Member States to reverse the decline of pollinators by 2030 as today, one in three...

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Member News

EIB | Vice-President Kettel Thomsen leaves EIB to take helm of Danish central bank

Kettel Thomsen has served in the EIB’s Management Committee since Sept. 2020 His successor will be appointed by EU member states, the shareholders of the EIB President Hoyer thanked Kettel Thomsen for his service European Investment Bank (EIB) Vice-President Christian Kettel Thomsen has informed President Werner Hoyer of his decision to resign from the Management Committee, in order to take the helm of Danmarks Nationalbank, the Danish central bank. An economist by training, Kettel Thomsen started his term as EIB...

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Member News

Aimlon CPA P.C. | Selected 2023 tax deadlines for individual and business taxpayers

By Mathieu Aimlon, CPA Expert-comptable diplômé, France (non inscrit)  Knowing and meeting tax deadlines are important for the success of your business and/or your household. Most individual income tax returns are filed between January and April. The IRS will start accepting 2022 tax returns on January 23, 2023.  We’d like to remind you of the following upcoming tax due dates.  Tax due date for businesses January 17, 2023  Fourth quarter 2022 estimated tax payment: if you are sole proprietors, contractors, single member of limited liability...

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