30 Jun
Member News

Vulcan View: The latest EU developments 23 June – 27 June

European Commission launches Space Law to boost competitiveness and space safety On Wednesday, (25 June), the European Commission unveiled a historic legislative proposal, the EU Space Act, aimed at creating a single, harmonised market for space activities across the Union. The ambitious plan seeks to bolster the competitiveness of Europe’s burgeoning space sector, enhance the safety of operations in an increasingly crowded orbital environment, and ensure the long-term sustainability of space exploration. The proposal comes at a critical juncture, as the global space...

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30 Jun
Member News

Jaguar Freight | The Weekly Roar – Tariffs lead the news again, the Middle East conflict, record increases in Asian imports, why some high-end brands are suffering, and this year’s peak season.

U.S. trade policy remains in a state of flux as President Trump continues on the tariff trail, keeping businesses and global partners guessing. On Friday, Trump broke off trade talks with Canada over its digital tax. He indicated new tariffs on Canadian goods will be announced in the next seven days. And earlier in the week, a White House Spokesperson said the President will be flexible when it comes to the July 9 deadline for the pause to end many...

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30 Jun
Chapter News

European Commission | Joint press release: Commission and EIB announce a more flexible guarantee of €5 billion to boost global investments

On the occasion of the 4th International Conference on Financing for Development, the  European Commission and the European Investment Bank (EIB) announced today a new type of guarantee agreement that will provide up to €5 billion to de-risk investments and expand EIB operations outside the European Union (EU). Today's guarantee has the potential to unlock up to €10 billion in funding for critical projects in clean energy, green infrastructure and access to finance for Small and Medium Enterprises (SMEs) in...

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30 Jun
Uncategorized

World Bank | Extreme Poverty is Rising Fast in Economies Hit by Conflict, Instability

Development Setbacks Mount as Frequency of Conflict Surges to 25-Year High WASHINGTON, June 27, 2025—Conflict and instability are taking a devastating toll on the 39 economies afflicted by them, driving up extreme poverty faster than anywhere else, intensifying acute hunger, and pushing several key development goals farther out of reach, according to the World Bank’s first comprehensive assessment of their plight in the aftermath of COVID-19. As conflicts have become more frequent and deadly in the 2020s, these economies are falling...

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30 Jun
Chapter News

ECB | Christine Lagarde, Philip R. Lane: Opening remarks on the ECB strategy assessment press conference

Christine Lagarde, President of the ECB, Philip R. Lane, Member of the Executive Board of the ECB Good afternoon, ECB Chief Economist Philip Lane and I welcome you to this press conference, on the occasion of the conclusion of the 2025 assessment of our monetary policy strategy. The Governing Council recently agreed on an updated monetary policy strategy statement. You can find this statement on our website, together with an explanatory overview note and the two occasional papers presenting the underlying analyses. I will start by putting this...

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27 Jun
Member News

IPTI | Newsletter: July 2025

I would like to start this newsletter with a timely article on the need for change in relation to taxation. The article is titled “The big tax reckoning is coming for Canada” and, although it is focused on Canada, the same issues prevail in many jurisdictions around the world. The author (Kirk LaPointe) states: “As costs soar and demographics shift, governments can no longer dodge the truth: we either raise more revenue or cut deep. We live in a country...

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27 Jun
Chapter News

European Council | Eurogroup presidency: three ministers put forward their candidacies

Three ministers have put forward their candidacy to become president of the Eurogroup: Carlos Cuerpo, Minister for Economy, Trade and Business of Spain Paschal Donohoe, Minister for Finance of Ireland Rimantas Šadžius, Minister for Finance of Lithuania The election of the new president will take place at the next meeting of the Eurogroup on 7 July. The president is elected by a simple majority of the Eurogroup ministers, in line with the Treaty's Protocol 14 on the Eurogroup. If none of the...

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27 Jun
Chapter News

ECB | Crossing two hurdles in one leap: how an EU savings product could boost returns and capital markets

By Elena Banu, Johanne Evrard, Daniel Jonas Schmidt and Michael Wedow There is now an urgent need to channel retail savings into European capital markets in order to develop those markets and finance EU priorities. In this edition of the ECB Blog, we show that an EU savings standard could increase retail participation in the capital markets, benefiting savers, boosting investment in EU companies and supporting strategic priorities. There are over 50,000 retail investment funds in the EU, offering a vast...

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26 Jun
Chapter News

IMF | Poorest Countries and Fragile States Are Increasingly Falling Behind

By Guillaume Chabert, Robert Powell Support for developing countries should focus on grants and highly concessional loans for poorest and helping the more advanced crowd in foreign investment and private finance The significant shocks that have buffeted the global economy over the past five years have weighed heaviest on low-income countries and fragile and conflict-affected states. The post-pandemic recovery in low-income countries has lagged emerging market economies, which began their revival in 2021, though with significant differences. Among low-income countries, defined as the 70...

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26 Jun
Member News, Trade & TTIP Related

EIB | European importers show agility in face of global trade shocks, new report finds

EU-based importers were able to adapt swiftly to past supply-chain shocks, according to study. Intra-EU trade serves as a source of resilience, cushioning firms from global disruptions. European importers diversified suppliers following worldwide trade disruptions, says report by EIB and European Commission.  European businesses also embraced technologies to strengthen logistics.  Firms in the European Union have responded to global trade shocks with remarkable agility, according to a new report. EU-based traders took actions to counter supply-chain disruptions caused by...

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