04 Nov
Chapter News, New York Related News

New York State Governor | Governor Hochul Announces More Than $435 Million in State Grants for Local Water Infrastructure Improvements

Delivers on Governor Hochul’s 2024 State of the State Initiatives To Help Small, Rural and Disadvantaged Communities With Their Water Infrastructure Needs Funding Awarded Across New York State in All 10 Economic Development Regions Enhanced Awards for 32 Projects in Small, Rural Communities   Governor Kathy Hochul today announced that more than $435 million is being awarded to 102 critical water infrastructure projects across New York State through the Water Infrastructure Improvement and Intermunicipal Grant programs. The grants awarded by...

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04 Nov
Chapter News

World Bank | October 2024 Commodity Markets Outlook

Executive Summary: Commodity prices are expected to decrease by 5 percent in 2025 and 2 percent in 2026, after softening 3 percent this year. This would lead aggregate commodity prices to their lowest levels since 2020. The projected declines are led by oil prices but tempered by price increases for natural gas and a stable outlook for metals and agricultural raw materials. The Brent crude oil price is projected to average $80/bbl in 2024, before slipping to $73/bbl in 2025...

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04 Nov
Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – The Red Sea and shipping costs, a 2025 outlook for container shipping, a data-driven approach for resilience, the evolving truckload market, and a settlement in Baltimore.

New data from a UN trade and development body highlights the impact of the Houthi attacks in the Red Sea. By breaking down the metrics affecting rising shipping costs, we gain some insight into just how much can be attributed to the Houthi campaign. At a percentage change of just over 160% in costs between October 2023 and June 2024, about 140% can be blamed on the Red Sea crisis. Unfortunately, this is a problem that persists with no imminent...

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01 Nov
Member News

Vulcan View: The latest EU developments 28 October – 1 November

“Safer Together”: the Niinistö report on EU preparedness and security The European Union faces an increasingly complex landscape of security challenges—from hybrid warfare tactics and climate crises to military threats along its borders. In response to these emerging concerns, former Finnish President Sauli Niinistö -who led his country’s bid to become a NATO member- unveiled on Wednesday (30 October) a comprehensive 164-page report on the European Union’s civilian and military preparedness. The report, titled Safer Together: Strengthening Europe’s Civilian and Military...

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01 Nov
Member News

Curl Translations Granted Women’s Business Enterprise Council (WBEC) and Women-Owned Small Business (WOSB) Certification

Jacksonville, FL – Curl Translations, a boutique language services company offering translation and language-related services in over 60 language combinations, is proud to announce that it has officially been certified as a Women-Owned Business by the Women’s Business Enterprise Council (WBEC). It has also received its Women-Owned Small Business (WOSB) certification from the Federal Contract Program of the United States. This certification underscores Curl Translations’ commitment to supporting the network of women-owned businesses in today’s global marketplace. For over 12...

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31 Oct
Member News

Linklaters | Fewer Cases, Faster Results: CFIUS’s 2023 Annual Report to Congress

The Committee on Foreign Investment in the United States (CFIUS), the interagency U.S. government body responsible for most national security reviews of inbound foreign investments, is required by law to provide an annual report to Congress on its activities from the previous year. Last week, CFIUS released its annual report to Congress covering activities from calendar year 2023. Here are the main things we learned, including our unique analysis of the statistics reported by CFIUS.   Fewer filings, but more are...

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31 Oct
Chapter News

ECB | The performance of Eurosystem/ECB staff projections for economic growth since the COVID-19 pandemic

Prepared by Adrian Page | Published as part of the ECB Economic Bulletin, Issue 7/2024. In the post-pandemic period, Eurosystem/ECB staff projections for growth have performed well over short horizons, despite the large shocks that have occurred. While the performance of inflation projections since the start of the pandemic has been extensively documented in previous issues of the Economic Bulletin, this box looks at how the Eurosystem/ECB staff projections for real GDP growth have fared during this turbulent period. The growth fluctuations in...

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31 Oct
Chapter News, New York Related News

New York State Governor | Governor Hochul Announces New York Has Landed the First National Semiconductor Technology Center Facility in the Nation

Prestigious Designation Unlocks $825 Million in Federal Funding for Semiconductor R&D at NY CREATES' Albany NanoTech Complex Cements New York as America’s Leading Semiconductor R&D Hub, Will Enable Continued Expansion of State’s High-Tech Ecosystem and Bring Back Hundreds of Good Paying Manufacturing Jobs to New York State The CHIPS for America EUV Accelerator at NY CREATES Will Support U.S. Technological Sovereignty, National Security, American Economic Vitality and Lead to More Powerful Chips for Technology Used Everyday Governor Kathy Hochul today celebrated the...

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30 Oct
Member News

Bannockburn Global Forex | Eurozone Growth Surprises, Lifts Euro, while UK Budget is Awaited

Overview:  The US 10-year yield is off around a dozen basis points off yesterday's high and European growth in Q3 was better than expected. This appears to have encouraged some dollar liquidation today. The greenback is softer against the G10 currencies, but the Canadian dollar and sterling. The much-awaited UK Autumn budget will be announced shortly. Sterling is consolidating around $1.30. Most emerging market currencies also are enjoying a firmer tone today.  Asia Pacific and European equities are trading heavier....

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30 Oct
Chapter News

European Commission | European Innovation Council to invest €1.4 billion in deep tech and scale up of strategic technologies in 2025

The European Innovation Council (EIC), part of the EU research and innovation programme Horizon Europe, will support European deep tech research and high-potential start-ups with €1.4 billion next year. The EIC Work Programme 2025, which the Commission adopted today, represents an increase of nearly €200 million in comparison with 2024. In addition to a bigger budget, the 2025 work programme brings several improvements, including better access to scale-up equity funding with the EIC Strategic Technologies for Europe Platform (STEP) scale-up scheme,...

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