03 Sep
Chapter News, News

ECB | Big Tech, Big Debt: When US Tech Giants Tap the Euro Area Bond Market

Blog | US tech giants are increasingly tapping the euro area bond market to fund their investments. The ECB Blog investigates the consequences for this market and the potential for these developments to reshape it. The infrastructure for artificial intelligence (AI) requires huge investments. Think of the gigantic data centres and the massive electricity consumption to power them. US tech giants, including Google, Amazon and Microsoft, operate massive cloud and AI infrastructure. That is why these companies, known as hyperscalers,...

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03 Sep
Chapter News, News, Trade & TTIP Related

European Council | EU Customs: Council Greenlights Landmark Reform

The Council today gave its final approval for an ambitious overhaul of the EU customs framework – the most comprehensive reform of its kind in decades. The updated legislation gives the Union a more modern toolbox and innovative new instruments to better facilitate global trade, especially in e-commerce, collect customs duties more efficiently and tighten controls on non-compliant, dangerous or unsafe goods. Managing the rise of e-commerce  The updated union customs code clarifies that non-EU e-commerce platforms will be considered the goods’ importer when selling into the EU and are therefore responsible for ensuring...

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02 Sep
News, TRIA News

EIB | War-damaged school in Kyiv oblast reopens for new academic year after EU-backed renovation

A Lyceum in Lukashi village, Kyiv oblast, has reopened after being damaged by a Russian attack in March 2022. The rebuilt lyceum will welcome more than 100 students back to a modern, accessible and energy-efficient learning environment. The renovation was financed under the EIB’s €340 million Ukraine Recovery Programme, which supports the rebuilding of essential social infrastructure across Ukrainian communities Children in the village of Lukashi, Kyiv oblast, are starting the new academic year back in their local school...

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02 Sep
Member News, News, Trade & TTIP Related

GDLSK | CBP Announces Enhanced Enforcement of IOR Requirements and Voiding of Importer Numbers for Inaccurate Form 5106 Information

U.S. Customs and Border Protection has issued a General Notice announcing enhanced enforcement procedures to verify the accuracy of information submitted on CBP Form 5106.  Significantly, the initiative applies not only to new importer applications, but also to the Form 5106 information already on file for existing importers.  The notice was published on August 19, 2026, and states that enforcement will begin 30 days after publication (September 18, 2026). Beginning on that date, CBP states that it will immediately void an...

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02 Sep
Member News, News, Trade & TTIP Related

Ogletree Deakins | Canada Announces $7.5 Billion Support Package for Tariff-Affected Employers

On August 25, 2026, the Canadian federal government announced a $7.5 billion package of new and enhanced measures to support workers and businesses impacted by the latest round of U.S. tariffs. This builds on nearly $25 billion in supports rolled out over the past eighteen months. For employers with Canadian operations, several of these measures have immediate workforce planning implications. Quick Hits On August 25, 2026, Canada announced new support programs to help employers impacted by the latest round of...

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02 Sep
Chapter News, News

OECD | G20 Trade Accelerated in Q2 2026, Boosted Primarily by Merchandise Imports and Services Trade

G20 merchandise trade accelerated in Q2 2026. Measured in current US dollars, quarter-on-quarter import growth rose markedly to 6.7%, from the 5.2% growth recorded in the previous quarter, reflecting strong increases in a number of G20 economies. G20 merchandise exports growth remained broadly flat at 5.9%. Preliminary estimates also point to an acceleration in services trade, with exports rising by 3.4% and imports by 2.5%, as compared to 2.0% and 1.5% respectively in Q1 2026 (Figures 1 and 3).1 In...

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02 Sep
Chapter News, News

IMF | Managing Director Kristalina Georgieva’s Statement at the Conclusion of the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina

 Asheville, N.C., United States: International Monetary Fund Managing Director Kristalina Georgieva delivered the following remarks at the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina: “I would like to thank the Government of the United States for hosting this week’s G20 meeting, and Secretary Bessent and Chairman Warsh for their leadership in delivering a focused discussion on key global economic priorities. During our discussions, there was a strong convergence of views around the importance of lifting potential growth...

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01 Sep
Member News, News

Baker Tilly x Anchin | U.S. Expansion Playbook – Building a U.S. Presence: Key Accounting and Compliance Issues for Foreign Entities

There are several operational issues foreign businesses should be aware of when they are considering expanding into the U.S., including: Assessing whether the business will have a physical presence in the U.S., Day-to-day business management, such as inventory, online sales, and hiring U.S. employees, Determining whether the foreign parent or U.S. subsidiary will handle certain business expenses, and Managing any intercompany payments between the two entities. Another significant aspect to consider is how a foreign business will handle accounting for...

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01 Sep
Chapter News, News, Uncategorized

European Commission | Commission Designates ChatGPT, Reddit, Roblox Under Digital Services Act

Today, the Commission has designated ChatGPT as a Very Large Online Search Engine (VLOSE), as well as Reddit and Roblox as Very Large Online Platforms (VLOPs), under the Digital Services Act (DSA). These services declared that they reach at least 45 million average monthly users in the EU and thus meet the threshold for designation. Following the notification of the designations, these services have four months, i.e. by January 2027, to comply with the additional DSA obligations for VLOPs and VLOSEs, such...

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31 Aug
Member News, News, Trade & TTIP Related

Jaguar Freight | Routes and Rates

In this week’s Roar: Record high port congestion, optimism in the Red Sea, rising air rates from Asia to the EU, contrasting East Coast to West Coast rates, and unpredictable lead times for South American importers. In conditions reminiscent of the pandemic, port congestion has hit a record high, with 4.31 million TEU of container capacity stranded around the globe. The situation has worsened due to delays in Asia and Europe and longer routes around Africa, which have also helped...

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