Member News

Cilcare | Development of the first inner ear organoids by 3D bioprinting for pharmacological screening in hearing disorders: CILCARE announces strategic agreement with CTIBIOTECH and SATT AxLR

• CTIBIOTECH has been selected by SATT AxLR and CILCARE to develop the OrgaEar project, a disruptive innovation in hearing disorders research. • Hearing disorders are a growing public health crisis. The development of innovative therapeutic solutions is an urgent strategic priority. • Facilitating a highly advanced non-animal New Approach Methods NAMs alternative in the hearing disorders sector, CTIBIOTECH strengthens its position at the forefront of a cell-based bioassay market estimated at 28 billion euros by 2028, CAGR > 7%). Montpellier and Lyon, France – October 9, 2025: Cilcare is...

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Member News

Vulcan View: The latest EU developments 6 October – 10 October

European Commission unveils “Apply AI” strategy to make Europe a global leader On Wednesday (8 October), the European Commission shared its €1 billion plan to boost the use in key industries, create leading European AI businesses, and reduce the EU’s dependency on American and Chinese technologies. The strategy aims to speed up the use of artificial intelligence across Europe’s economy, especially among small and medium-sized businesses (SMEs) and in the eleven sectors essential to European competitiveness identified by Mario Draghi, former European Central...

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Chapter News

European Commission | Faster and safer instant euro payments become a reality

From today, sending money across the euro area will be faster and safer than ever. Thanks to new EU rules on instant payments, people and businesses can now transfer money in euro within seconds, anytime – day or night, weekdays or weekends – whether within their own country or across the euro area. Since January 2025, payment service providers (PSPs) in the euro area are obliged to offer their clients the possibility to receive euro instant payments. As of today, PSPs are also obliged...

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Chapter News, TRIA News

World Bank | Global Gateway Forum: the European Commission and World Bank Group Deepen Partnership for Infrastructure and Jobs

BRUSSELS, October 8, 2025 - The European Commission, in line with its Global Gateway investment strategy, and the World Bank Group are deepening their strategic partnership to drive a new generation of connectivity projects. An initial pipeline of projects includes 18 high-impact investments in three strategic sectors (energy, transport, and digital infrastructure) across Africa, Asia and the Pacific, and Latin America and the Caribbean. The collaboration, which will include regular high-level engagement and progress updates, is designed to ensure that projects...

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Uncategorized

Financial Stability Board | G20 Roadmap for Cross-border Payments: Consolidated progress report for 2025

Despite significant progress, efforts have not yet translated into tangible improvements for end-users at the global level. In 2020, the G20 launched a Roadmap to make cross-border payments faster, cheaper, and more transparent and inclusive. To give ambition and accountability to the Roadmap’s goals, in 2021, the G20 endorsed a set of global quantitative targets, most of which are set for end-2027. To more effectively monitor progress, the annual progress report has been combined with the report on key performance...

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Chapter News, New York Related News

New York State Governor | Governor Hochul Slams Nearly Half a Billion Dollars in Federal Funding Cuts Targeting Dozens of New York Businesses and Clean Energy Programs

Funding Cuts Puts More Than 1,000 Jobs At Risk, State To Take Total Economic Hit of $650 Million Governor Calls On Washington Republicans To Restore Funding and Stop Playing Politics With New York Jobs and Businesses Governor Kathy Hochul today highlighted a list of federal funding cuts, released by Congress, that outlines grants terminated by the Trump administration through the Department of Energy. Last week, the White House announced that it was going to abruptly terminate nearly $500 million in clean energy...

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Chapter News, TRIA News

DFC | Statement from Acting CEO Mr. Dev Jagadesan on Confirmation of DFC CEO Mr. Ben Black

WASHINGTON, D.C. — This week, the United States Senate confirmed Mr. Ben Black as the new Chief Executive Officer (CEO) of the U.S. International Development Finance Corporation (DFC). We are pleased to welcome Mr. Black as the next CEO of DFC. His confirmation comes at a pivotal moment as we continue to advance our dual mandate of fostering strategic and economic development investments and serve as a force multiplier for the Trump Administration's foreign policy, economic prosperity, and national security agenda. Mr....

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Member News

CLA (CliftonLarsonAllen) | 4 Strategies for Building Long-Term Business Value

Key insights • You’re focused on growing your business — increasing revenue, expanding your team, and serving more customers. But growth alone doesn’t guarantee future success. Enhancing business value is essential. • Profitability is a strategic decision driven by effective leadership, operational excellence, and the ability to maintain steady cash flow, all of which enhance business value. • If you’re not intentionally building business value, you could be leaving opportunity on the table when it comes time to sell, transition, or scale. •...

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Chapter News

European Commission | Keeping European industry and science at the forefront of AI

Artificial Intelligence (AI) is transforming how businesses operate, reshaping public services, and revolutionising science. AI has the potential to improve our lives in many ways. As the global race to harness its potential heats up, the European Commission has put forward two strategies that will help Europe stay ahead in AI industry and science respectively.  The Apply AI Strategy sets out how to speed up the use of AI in key industries and the public sector. It will be used to help the EU...

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Chapter News

NY Fed | Short-Term Inflation Expectations Continue to Tick Up; Labor Market Expectations Deteriorate

NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the September 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations increased at the short- and longer-term horizons and were unchanged at the medium-term horizon. Despite a small rebound in the expected job finding rate, labor market expectations continued to deteriorate with consumers reporting lower expected earnings growth, greater likelihoods of losing jobs, and a higher likelihood of a rise in overall unemployment. The...

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