21 Jun
Brexit News, Member News

The Weekly Vulcan View | Analysis of Latest EU Developments 17 – 21 June

Key Events This Week Can Boris be hunted? After five rounds of voting, multiple hustings and two televised tv debates, Conservative MPs have chosen Boris Johnson and Jeremy Hunt as the two candidates who will go before party members in a bid to become the new Leader and most likely, the next Prime Minister. The elimination of International Development Secretary Rory Stewart and Home Secretary Sajid Javid gave Jeremy Hunt a much-needed boost over Michael Gove with the Environment Secretary bowing...

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20 Jun
Member News

Is the battle for fastest shipping worth fighting?

By  David Bassuk & Joel Bines | AlixPartners US core retail sales grew 0.5% in May after an upwardly revised 0.3% rise in April1. Building materials and garden equipment sales were up 0.1%, while online and mail-order purchases lifted 1.4%. Sales at clothing stores were unchanged and those at furniture stores edged up 0.1%. Sales at electronics and appliance stores rose 1.1% 2. Continuing growth in retail sales is a good indicator that trade worries have not yet made a full...

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20 Jun
Member News

Beware The Evolving Beast: Cybersecurity In Financial Services

By Charlotte Cruickshank, Executive Director | OCORIAN With research suggesting that even in 2019, many companies have unprotected data and operate poor cybersecurity practices, Executive Director Charlotte Cruickshank examines the trends emphasising the importance of choosing a financial services provider that budgets, safeguards and educates staff against the latest threats. As tech continues to evolve, so does the sophistication of cybercrime. In recent years, the actions of cybercriminals have intensified and the scale of their operations has been thrust into...

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19 Jun
Chapter News

Joint EU-U.S. statement following the EU-U.S. Justice and Home Affairs Ministerial Meeting

On 19 June 2019 the Romanian Presidency of the Council of the European Union hosted the EU-U.S. Ministerial Meeting on Justice and Home Affairs in Bucharest, Romania. The meeting provided an opportunity for both sides to take stock of their long-standing cooperation in this area and to reaffirm their partnership in addressing common security threats. The United States was represented by the U.S. Attorney General, William Barr, and Acting Deputy Secretary for Homeland Security, David Pekoske. The European Union, hosting the...

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19 Jun
Member News

The European Commission, EIB and Breakthrough Energy Ventures establish a new EUR 100 million fund to support clean energy investments

Breakthrough Energy Ventures Europe (BEV-E), a new EUR 100 million investment fund was established by the European Commission, the European Investment Bank and Breakthrough Energy Ventures during the Fourth Mission Innovation Ministerial meeting in Vancouver, Canada.   The fund will help develop innovative European companies and bring radically new clean energy technologies to the market. It will support Europe’s best clean energy entrepreneurs whose solutions can deliver significant and lasting reductions in greenhouse gas emissions. The first of its kind, it caters to...

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19 Jun
Brexit News, Member News

How European businesses are in Brexit limbo

By Gregor Schmidt, Regional Leader - Europe | RSM The UK’s imminent departure from the EU brings with it a host of questions: will new trade tariffs hinder supply chains? How far will the UK’s regulatory framework diverge from the EU? Will the UK’s tax regime change significantly? How much will currency volatility impact top lines? Globally-ambitious European businesses are having to navigate these questions during an ever-changing Brexit process defined by uncertainty at every stage. It is a difficult task...

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18 Jun
Chapter News

The European Union and the United States reach an agreement on imports of hormone-free beef

The Commission shared on June 14th with Member States the successful outcome of the negotiations to review the functioning of an existing quota to import hormone-free beef into the EU. EU Commissioner for Agriculture Phil Hogan said: "With the successful outcome of the negotiations, the Commission has delivered on a very important issue with a major trade partner with which we are engaged in broader trade talks. With this step, the European Union reaffirms its commitment to bring about a new phase in...

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18 Jun
Member News

Tariffs Update: Toy Association’s Tariffs Fight Continues as USTR Hearings Begin

As the U.S. Trade Representative’s (USTR) Special 301 Committee held its first day of hearings on Monday regarding proposed tariffs on approximately $300 billion worth of Chinese products, The Toy Association continued its aggressive advocacy campaign against tariffs on toys. Though The Toy Association is not scheduled to testify until June 24, Rebecca Mond, vice president of federal government affairs, was at USTR’s offices on Monday to raise awareness about the negative impact tariffs would have on the toy industry. Representing the...

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17 Jun
Member News, Trade & TTIP Related

World Trade Centers Association launches its 2019 Trade & Investment Report

 The World Trade Centers Association (WTCA) unveiled its second annual Trade and Investment Report (www.WTCAReports.org), conducted in partnership with FP Analytics. The report details the key factors that enable cities to remain resilient as dramatic shifts in trade-and-investment policies intensify economic competition. Moreover, on-the-ground insights from interviews with WTCA members around the world reveal that the damage being caused to global trade and investment may be worse than is currently captured by traditional indicators. Global trade grew 3 percent in 2018, but...

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17 Jun
Chapter News, Trade & TTIP Related

Barriers to trade: as protectionism rises, EU continues opening up export markets for European firms

The European Commission's report released today confirms the continuous rise in barriers encountered by European companies in foreign markets. Thanks to the EU's firm response, 123 such barriers have been eliminated since the beginning of the current Commission mandate, allowing for more than €6 billion extra exports in 2018. The latest edition of the Trade and Investment Barriers Report (TIBR) identifies 45 new trade barriers put in place in countries outside the EU in 2018, bringing the total number to...

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