Chapter News

Chapter News

EU-Canada summit, Brussels, 14 June 2021

Main results The 18th EU-Canada summit took place in Brussels on 14 June 2021. Charles Michel, President of the European Council, and Ursula von der Leyen, President of the European Commission, represented the EU. Canada was represented by Prime Minister Justin Trudeau. The leaders discussed how to work together to end the COVID-19 pandemic and pursue a sustainable, people-centred and inclusive recovery. They reaffirmed their ambitious commitments on fighting climate change and protecting the environment, and their determination to promote democratic...

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EU-US summit, Brussels, 15 June 2021

Main results The EU-US summit on 15 June 2021 marked the beginning of a renewed transatlantic partnership and set a joint agenda for EU-US cooperation in the post-pandemic era. The leaders committed to regular dialogue to take stock of progress. Key summit deliverables include three major new trade initiatives. The leaders agreed to: create a Cooperative Framework for Large Civil Aircraft engage in discussions to resolve differences on measures regarding steel and aluminium by the end of the year establish an EU-US Trade and Technology Council Charles...

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FTC | Back to Business #2: Slamming the office door on B2B COVID scams

You have to say this about scammers: They’re up on current events. As early as February 2020, con artists were already using the coronavirus as a hook for swindles and scams and the FTC was sounding an alert for consumers. It didn’t take long before scammers targeted businesses, too. Now that many companies are returning to an in-person workplace, some fraudsters will try to take advantage of the transition. As you get back to business, keep your guard up against these...

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UN Security Council: Speech by the HR/VP Josep Borrell

Check against delivery! Ambassadors, ladies and gentlemen, 1.  The 2021 geopolitical landscape I am pleased to speak to you today about the role of the EU on the maintenance of international peace and security. We live in a world where the demand for multilateral solutions is greater than the supply. We see more divisions, more free-riding and more distrust than the world can afford. Rules-based multilateralism is a term that’s perhaps well understood at the UN and in Brussels. Maybe it is not a simple,...

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FTC | Back to business #1: Where’s your data?

As many companies shift to an in-person workplace, you and your employees face the opportunities and challenges of the new new normal. Today is the first in a five-part Back to Business blog series to help ease the transition back to the office, including steps you can take to reduce the risk that COVID scammers, data thieves, and financial fraudsters will follow you there. One consideration for companies: assuring you’re in control of sensitive information. Here are some tips on maintaining appropriate data...

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G7 summit, Cornwall, UK, 11-13 June 202

Main results Charles Michel, President of the European Council, and Ursula von der Leyen, President of the European Commission, represented the EU at this year’s G7 summit hosted in Carbis Bay, Cornwall. During the three-day meeting the G7 leaders discussed a wide range of pressing topics, including COVID-19, pandemic preparedness and economic recovery; geopolitical challenges and foreign affairs; trade and development; promoting open societies and democratic values; and fighting climate change and protecting the environment. The summit took place under the UK...

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EU Commission and industry invest €22 billion in new European Partnerships to deliver solutions to major societal challenges

Today, the Commission launched 11 new European Partnerships together with industry, to boost investments in research and innovation and to overcome major climate and sustainability challenges, towards making Europe the first climate neutral economy and delivering on the European Green Deal. In line with the goals of the ‘twin' green and digital transition, the Partnerships will also deliver on the EU's digital ambitions for the next decade, Europe's Digital Decade. They will receive over €8 billion from Horizon Europe, the new EU...

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EU Parliament calls for temporary COVID-19 vaccine patent waiver

Patent waiver will enhance global access to affordable COVID-19 vaccines Voluntary licensing, transfer of know-how and technology key to ramping up global production in long term Call on US and UK to abolish export ban on vaccines and raw materials More support for global vaccine distribution mechanism COVAX To accelerate global vaccine rollout, MEPs demand the temporary lifting of intellectual property rights protection for COVID-19 vaccines. In a resolution adopted with 355 votes in favour, 263 against and 71 abstentions,...

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IMF | Four Factors Behind the Metals Price Rally

As economies reopen in various parts of the world, the price of some commodities has soared, including the prices of prominent industrial metals. The extent to which the metals price rally may lose steam depends on how multiple factors will play out. As our latest chart of the week shows, metals prices have increased by 72 percent relative to their pre-pandemic levels—reaching a nine-year high in May (in inflation adjusted terms). The increase has been broad-based across industrial metals—copper is...

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IMF | Getting Back to Growth

Producing and consuming more goods and services for the same amount of work sounds too good to be true. In fact, it’s entirely possible. Higher productivity is one of the key ingredients to higher economic growth and incomes. It’s all about how workers become more productive. For many of us, the COVID-19 pandemic has changed the way we work and spend. The question is how these changes will affect our productivity, both now and into the future. 'The pandemic accelerated the...

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