Member News

Member News

Bannockburn Global Forex | January 2025 Monthly

The turn of the year is at hand, but the forces shaping the business and investment climate remain familiar. One of the chief characteristics has been the outperformance of the US economy, fueled by an historically large budget deficit, productivity gains, and robust consumption. President-elect Trump has not been inaugurated but he is already a force to be reckoned with, as various tariff threats, and parries over the Panama Canal and Greenland illustrate. The eurozone never fully recovered from the...

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Member News

Osborne Clarke | UK immigration: what’s on the horizon?

The new Labour government has plans to address the rules on skilled migration "No more gimmicks. No more gesture politics. No more irresponsible, undeliverable promises.” These were the words of Sir Keir Starmer at a recent Interpol conference on immigration. The UK prime minister was building on the position he had laid out on immigration at the Labour Party conference in September, in which he said: “It is the policy of this government to reduce both net migration and our economic dependency upon...

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Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – The ILA and USMX to resume negotiations, industry trends for 2025, labor rights and automation, highlights from a U.S. DOT report, and Jaguar Freight’s Q1 OUTLOOK.

The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) are set to resume contract negotiations ahead of a January 15 deadline. Perhaps the threat of liner operators implementing surcharges if the strike happens helped get the ball rolling again. Regardless, the hope is that the issues regarding wages and working conditions for East Coast port workers will be resolved. Many in the industry are concerned about further disruptions, especially in light of other issues the supply chain is...

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Member News

Vulcan View: The latest EU developments 16 December – 20 December

EU adopts 15th sanctions package targeting Russia’s shadow fleet The Council of the EU formally signed off on its 15th Russian Sanctions Package on Monday, 16 December. The package consists of an additional 54 persons and 30 entities responsible for actions undermining or threatening Ukraine’s territorial integrity. The measures are designed to target Putin’s shadow fleet and weaken Russia’s military and industrial complex. The Council has added 32 new entities to the list of those supporting Russia’s war against Ukraine by imposing stricter export...

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Member News

IE University announces IE New York College

IE University becomes custodian of a US College based in SoHo with a focus on Business and Sustainability. IE University has replaced Glasgow Caledonian University as the sole member of Glasgow Caledonian New York College (GCNYC). This US College based in SoHo will be renamed IE New York College (IENYC) upon accreditation approval for the name change. With this replacement IE University becomes custodian of a state-of-the-art College with a focus on Business and Sustainability. The College has been provisionally chartered by...

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Member News

IPTI | Property Tax in the News – December 2024

IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...

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Member News

Stephenson Harwood | Neural Network – December 2024

In this edition of the Neural Network, we look at key AI developments from November and December. In regulatory and government updates, the European Commission's AI Office has consulted ahead of producing guidance on provisions in the EU's AI Act, and has published the first draft of a General-Purpose AI Code of Practice prepared by a group of independent experts; the EU's Cyber Resilience Act has been published in the Official Journal; the UK's new data reform Bill has come...

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Member News

Offit Kurman | “Nothing is certain except death and taxes” – the estate tax in flux and the road ahead

Benjamin Franklin’s famous quip about death and taxes can be found in his 1789 letter to French physicist Jean-Baptiste Le Roy. However, the United States did not enact an inheritance tax or estate tax until 1916.  Today, while death remains certain, the future of the US estate tax is uncertain. Several countries have repealed or eliminated their inheritance or estate tax, including Australia, Israel, Mexico, and Russia, to name a few. Today, while death remains certain, the future of the US...

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Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – AI and supply chains, air cargo predictions, surging container imports, updates for the NMFC, and how ocean carriers are winning.

Geopolitics remains one of the greatest threats to global supply chains. Is AI the solution? At present, AI is already helping to manage several challenges, including climate change, regional tensions, and trade conflicts. In the face of these and other issues, AI can improve things through predictive analytics, optimized logistics, and better resource allocation. This can help supply chains better work through complexities and align with sustainability and regulatory demands while improving visibility, decision-making, and risk management. The International Air Transport Association...

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Member News

Panitch Schwarze | USPTO Announces Significant Fee Increases

The United States Patent and Trademark Office (USPTO) has announced significant changes to the patent fee schedule which will take effect on January 19, 2025. The final rule does not include some of the new fee structures proposed in April 2024, but still could have a significant impact on design patent practice, continuing application practice, and Information Disclosure Statement practice. The changes include new or significant increases to several targeted fees, a 10% increase to all filing fees, and an...

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