24 Jun
Uncategorized

Jaguar Freight | The Weekly Roar – Top Shipping News

In this week’s Roar: chances increase for a rail strike in Canada, U.S. freight trends, the 2023 State of Logistics Report, diesel prices on the way up, and details from a new Gartner report. The potential for a rail strike in Canada has increased. Final submissions to the Canada Industrial Relations Board (CIRB) from rail companies and the union — Teamsters Canada Rail Conference — reveal that neither believe a strike would disrupt essential services or cause any serious safety issues. However,...

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21 Jun
Member News

Trepp | Annemarie DiCola of Trepp Honored with Fordham REI’s Groundbreakers Award

NEW YORK – June 21, 2024: Trepp, Inc., a leading provider of information, analytics, and technology solutions to the structured finance, commercial real estate (CRE), and banking markets, announced today that its Chief Executive Officer, Annemarie DiCola, has been honored with the Groundbreakers Award from Fordham University’s Real Estate Institute (REI). This prestigious award recognizes leaders who have made significant contributions to the CRE industry. Annemarie was honored on the evening of June 18th at the Building Futures Annual Awards Gala,...

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21 Jun
Chapter News

IMF | A Strategy for European Competitiveness

Remarks by Kristalina Georgieva, IMF Managing Director, to the Eurogroup on a Strategy for European Competitiveness, Luxembourg As prepared for delivery Thank you, Paschal, for your kind invitation to address ministers today on industrial policy, as part of your broader deliberations on competitiveness. Last year, when I spoke here about the European capital market union, I started by saying it was a topic close to my heart, one we at the IMF deeply cared about. This year, a different tone: industrial policy...

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21 Jun
Member News

EIB Board of Directors approves €12.8 billion new financing for transport, energy and business investment

€5 billion for high-speed rail, urban transport and upgrading ports €2.6 billion for onshore wind, upgrading electricity grids, small scale renewables and biofuels €2.9 billion for urban development, education, housing, health and water €2.1 billion for corporate innovation, steel and semiconductor business financing The Board of Directors of the European Investment Bank (EIB) today approved €12.8 billion of new financing to upgrade sustainable transport, increase renewable energy use, build new student housing, improve earthquake and flood protection, and help...

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21 Jun
Chapter News

European Commission | European Semester Spring Package provides policy guidance to enhance the EU’s competitiveness and resilience, and maintain sound public finances

The Commission is today providing policy guidance to Member States under the 2024 European Semester Spring Package to build a robust and future-proof economy that secures competitiveness, resilience and long-term prosperity for all, while maintaining sound public finances, in the face of a challenging geopolitical environment. The EU is determined to take further steps to enhance its long-term competitiveness, prosperity and leadership on the global stage and to strengthen its open strategic autonomy. While the EU and its Member States have strong assets...

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21 Jun
Uncategorized

Vulcan View: The latest EU developments 17 June – 21 June

G7 Leaders reach agreement on Ukraine, Middle East and AI The 50th G7 Summit was held in Borgo Egnazia (Fasano) Apulia, it’s on 13-15 June 2024. Those in attendance included the Leaders of the seven member States, as well as the President of the European Council and the President of the European Commission representing the European Union. Sharing a belief in democratic principles, universal human rights, social progress, respect for multilateralism and the rule of law, they met to reaffirm their unity and determination...

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20 Jun
Chapter News

European Commission | EU Budget 2025 aims to reinforce funding for Europe’s priorities

The Commission has today proposed an annual EU budget of €199.7 billion for 2025. The budget will be complemented by an estimated €72 billion of disbursements under NextGenerationEU. This substantial financial envelope will support the EU in meeting its political priorities while integrating the changes agreed in the mid-term revision of the Multiannual Financial Framework (MFF) in February 2024. The draft budget 2025 directs funds to where they can make the greatest difference, in cooperation and in line with the needs of...

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20 Jun
Member News

Osborne Clarke | Dealmaking confidence returns to Europe in 2024 after a subdued 2023

Improving economic conditions and greater stability are likely to lead to increased market confidence across the continent Dealmaking in Europe turned a corner in Q4 of 2023 and in the early months of this year, as pipelines in private equity, M&A, venture capital and equity capital markets all began to improve thanks to recovering economic conditions across the continent. Osborne Clarke has prepared a report in which we have analysed the trends emerging from a legal perspective in European dealmaking in 2023 and...

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17 Jun
Uncategorized

ECB | International use of the euro remained broadly stable in 2023

Euro’s share across various indicators of international currency use remained above 19% Vigilance needed against any cracks that may appear in the international monetary system Deeper European economic and financial integration, together with enhancements in cross-border payment systems between the euro and other currencies pivotal to the international role of the euro The international role of the euro remained broadly stable in 2023. The share of the euro across various indicators of international currency use remained above 19%, close...

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17 Jun
Uncategorized

European Council | High Seas Treaty: Council gives green light for its conclusion

Today the Council formally adopted a decision on the conclusion, on behalf of the Union, of the Agreement, under the United Nations Convention on the Law of the Sea, on the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction (BBNJ agreement), also known as the High Seas Treaty. The agreement aims at the protection of the world’s ocean and its stewardship on behalf of present and future generations in areas beyond national jurisdiction. Those areas account for around two-thirds of...

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