Previously published in Medium |
The quarter with the worst economy since 1929 and the best-performing markets since 1998.
Image courtesy of Medium; Source: IMF
The worsening forecasts of the International Monetary Fund, the statements by the Chairman of the Federal Reserve, Jerome Powell should leave no illusion on the depth of the recession.
Wall Street ignores the economy
The contrast could not be more striking between Wall Street and Main Street. The real economy succumbs to bankruptcies and unemployment. The United States will probably...
In a recent article, we discussed the exploitation by hackers of the current COVID-19 crisis by using techniques such as phishing and malware technology, in order to conduct cyber-attacks on businesses and their workers.
Only recently, a group of hackers-for-hire called Dark Basin was exposed for targeting thousands of businesses and individuals with a view to obtaining private data. Similarly, the vehicle manufacturing company Honda recently reported a cyber-attack. Honda maintains that the attack did not involve a data breach but affected its...
From EU Trade Commissioner Phil Hogan |
I spent the lockdown at the heart of the EU, where all the action is. I worked every day in Brussels, to keep the bays moving.
Right now everyone, be it companies or otherwise is evaluating his or her Trade Policy. It will not be business as usual. Major changes are taking place.
Fundamentally, every company will have to look at their mission statements to adapt to the reality ahead. For the...
The EUIPO begins its next strategic cycle with the launch of its Strategic Plan 2025 on 1 July 2020.
After two rounds of consultation with stakeholders, the Strategic Plan was adopted by the Office’s Management Board in 2019, and begins its implementation period today.
The Strategic Plan 2025 consists of projects and activities grouped under three strategic drivers, linked to an overarching vision of ‘delivering IP value for businesses and citizens in Europe.’
The first strategic driver centres on the Office’s cooperation activities both...
The Center for Financial Stability ("CFS"), today, announced the appointment of William R. Rhodes as the first Chairman of the Organization's distinguished Advisory Board.
CFS is an independent, nonpartisan think tank focused on financial markets - with business lines presently segmented into the future of finance, data and analytics, policy, and technology.
"CFS' innovative and practical approach, programs, and research position the organization as one of the world's leading think tanks and a vital resource for the New York and international...
On June 29, the U.S. Supreme Court issued a 5-4 decision in Seila Law LLC v. Consumer Financial Protection Bureau, Slip Op. 591 U. S. (2020), holding that the provision in the Dodd-Frank Wall Street Reform and Consumer Protection Act limiting the president’s ability to fire the director of the Consumer Financial Protection Bureau (CFPB) only for “inefficiency, neglect, or malfeasance” violated the Constitution’s separation of powers. While the remainder of the CFPB’s structure and regulatory body remains...
Because of Covid-19, your car can be the safest and most hygienic way to travel at the moment – as long as you follow certain rules.
Travelling by car is one of the safest ways to get around for now, from a health perspective, as long as you take care to keep the interior clean and protect yourself whenever you touch things like fuel pumps or bank cards. After all, solid metal, windows, and a well-maintained air conditioning unit provide...
Troutman Sanders and Pepper Hamilton officially became Troutman Pepper (Troutman Pepper Hamilton Sanders LLP) today, a national law firm of 1,100 attorneys in 23 U.S. cities. The new firm offers clients greater resources and bench strength, enhanced practices, and expanded geographic reach.
Troutman Pepper is one of the 50 largest law firms in the country, with offices in eight of the 10 largest U.S. markets. The firm supports some of the country’s biggest industry sectors, including health sciences, energy, real...
While the corona pandemic continues, Germany took over the six-month presidency of the Council of the EU on 1 July. We asked German MEPs for their expectations.
The coronavirus represents a significant challenge for the EU and immediate management of the pandemic and recovery are at the heart of the German programme for the presidency.
The aim is to reach a swift agreement on the recovery fund and the EU's budget 2021-2027. Germany intends to make progress on climate protection, through the European Green Deal, and...
Today the Commission presents the European Skills Agenda for sustainable competitiveness, social fairness and resilience. It sets ambitious, quantitative objectives for upskilling (improving existing skills) and reskilling (training in new skills) to be achieved within the next 5 years. Its 12 actions focus on skills for jobs by partnering up with Member States, companies and social partners to work together for change, by empowering people to embark on lifelong learning, and by using the EU budget as a catalyst...