03 Sep
Chapter News

ECB Interview | Tackling the fallout from the pandemic

Interview with Luis de Guindos, Vice-President of the ECB, conducted by Miquel Roig and Jorge Zuloaga on 26 August and published on 1 September 2021 | You are almost halfway through your term as Vice-President of the ECB. How would you assess your term so far, and what aims do you have for the second half? These three years have been extremely interesting, and they have been marked, above all else, by the pandemic – an extraordinary event that has sparked...

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03 Sep
Member News

Stout | Energy Industry Update, Q2 2021: Sustained Momentum

The second quarter of 2021 revealed continued momentum for energy-sector benchmarks. U.S. crude oil prices increased 24.2% during the quarter to $73.47 per barrel by June 30th. WTI prices rose steadily through the quarter as strong economic activity and increasing travel drove hydrocarbon demand. The drilling rig count rose by 53 rigs (per Baker Hughes) during the second quarter of 2021, which represented another solid quarterly rig count expansion (driven primarily by private oil & gas companies) continuing the...

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02 Sep
Member News

The Basque Country and the Commonwealth of Virginia sign a MoU for the development and implementation of renewable energies

The Basque Country and the Commonwealth of Virginia will be collaborating in the development and implementation of technologies applied to renewable energies, as well as energy efficiency and storage. This is the outcome of the MoU signed on August 24th between the Basque Minister of Economic Development, Sustainability, and the Environment, Arantxa Tapia, and the Secretary of Commerce and Trade from the State of Virginia, Brian Ball. The two institutions are committing themselves to work together in areas such as wind...

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02 Sep
Member News

AlixPartners | In sea of uncertainty, how should retailers plan for 2022?

Even before the world first heard of COVID-19, retailers had been rightly questioning if their traditional planning process was broken. Consumers’ behavior has become much more fickle, while their expectations from retailers have shot up over the last few years. Simply plugging in the prior year’s numbers, then, was already beginning to feel unreliable and incomplete. But the onset of the pandemic has completely upended planning. Considering how much the world and consumer behavior has changed over the last 18 months, trends and numbers...

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02 Sep
Member News

BBGFX | September 2021 FX Outlook

The US dollar was driven to new highs for the year in recent weeks by a combination of another signal that the Federal Reserve was still on track to taper before the end of the year and concerns about global aggregate demand.  The spread of the contagion has exacerbated the slowdown already seen in parts of Asia.  China's efforts to curb steel output and recognition that the US infrastructure initiative may be smaller than expected were separate sources of...

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31 Aug
Chapter News

Simpler EU energy labels for lighting products applicable from 1 September

To help EU consumers cut their energy bills and carbon footprint, a brand new version of the widely-recognised EU energy label for light bulbs and other lighting products will be applicable in all shops and online retail outlets from Wednesday, 1 September 2021. The move follows the considerable improvement in energy efficiency in this sector in recent years, which has meant that more and more “light sources” (such as light bulbs and LED modules) have achieved label ratings of...

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31 Aug
Chapter News, COVID-19 News

Coronavirus: 70% of the EU adult population fully vaccinated

Today, the EU has reached a crucial milestone with 70% of the adult population now fully vaccinated. In total, over 256 million adults in the EU have now received a full vaccine course. Seven weeks ago already, the Commission's delivery target was met, ahead of time: to provide Member States, by the end of July, with enough vaccine doses to fully vaccinate 70% of the adult EU population. The President of the European Commission, Ursula von der Leyen, said:  “The full...

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31 Aug
COVID-19 News, Member News

Cozen O’Connor | Green Card Applicants Must Receive the COVID-19 Vaccine

On August 24, 2021, the U.S. Centers for Disease Control and Prevention (CDC) announced a new policy that will require foreign nationals applying for a U.S. permanent resident card (green card) to be fully vaccinated against COVID-19. Beginning on October 1, 2021, all green card applicants must submit proof of COVID-19 vaccination as part of their Form I-693 medical examinations. Any individual who refuses to be vaccinated, and does not qualify for any of the agency's limited exemptions, will...

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30 Aug
Brexit News, Member News

EACCNY “Brexit, What’s Next?” Series | European Payments and Liquidity Management for Corporates Post-Brexit

With the help of our members, this thought-leadership series focuses on explaining what businesses should expect from the new reality of Brexit – in essence, with “Brexit, What’s Next?”. Today, we present Karen Sloan, Head of Corporate Cash Management Sales for HSBC Continental Europe. She will address: “European Payments and Liquidity Management for Corporates Post-Brexit”. | What you need to know to navigate the changing landscape Transactional banking services such as payments and liquidity management have been a focus in Europe over the...

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30 Aug
Brexit News, Member News

EACCNY “Brexit, What’s Next?” Series | The impact of Brexit’s immigration upheaval on the UK’s workforce

With the help of our members, this thought-leadership series focuses on explaining what businesses should expect from the new reality of Brexit – in essence, with “Brexit, What’s Next?”. Today, we present Gergana Kostova-Pehlivanova, Ph.D., Senior Economist at AIG GLOBAL ECONOMICS, and based in New York; along with Vanessa Ganguin, Partner (Consultant) at GQ|LITTLER, and based in London. They will address: “The impact of Brexit’s immigration upheaval on the UK’s workforce”. | The chaos of the COVID-19 pandemic has obscured as...

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