The EIB Group Forum brings together senior policymakers, business leaders, academics, and civil society representatives to discuss Europe’s prosperity, security and global cooperation. President Calviño puts security of our societies at the heart of the EIB Group’s activity, thanks to investments in industries, security and defence, energy grids, green transition, social infrastructure and global partnerships.     The launch of the flagship EIB Group Investment Report calls for EU market integration, simplification and investments in innovation, echoing the most recent European Commission initiatives. Nadia Calviño, President of the European Investment...

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For transportation and logistics, chief concerns are the cost of trucks and steel as most are produced overseas. Whether or not you’re in the importing-exporting business, the planned tariffs are expected to impact most industries because every business needs goods — with many coming from other countries. For transportation and logistics, a chief concern is the future cost of trucks, as most are assembled in Mexico. The price of steel is also a concern, since most of it comes from Canada, Mexico, and Brazil via...

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Overview:  Talk emerged yesterday that the dramatic losses US equities amid recession fears in light of the rash of tariff announcements and threats would draw the new administration's attention. Commerce Secretary Lutnick suggested yesterday that President Trump may consider a compromise on Mexico and Canadian tariffs announced yesterday. There was no sign of that in the president's address to the joint session of Congress yesterday. US index futures are trading 0.6%-0.8% higher. The other significant development is the opening up...

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In what may be a surprise to those who thought that restrictions on the use of noncompetes would go away with the change in administration, this week, the Federal Trade Commission (FTC) announced that the agency will form a Joint Labor Task Force that will “prioritize rooting out and prosecuting deceptive, unfair, and anticompetitive labor-market practices that harm American workers.” FTC Chair Andrew Ferguson issued a memorandum reminding everyone that the FTC’s authority includes protecting American consumers in their role...

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In recent weeks, while Russia's war on Ukraine continues and Beijing continues to harass its neighbors, the U.S. tariff threats and doubts that its defense commitments will be sustained, have emerged as the most significant challenge for businesses, investors, and policymakers. These tariffs are aimed at protecting domestic industries, forcing a re-shoring of production, and raising revenue. If, and when implemented, the tariffs can be expected to impact economic growth, inflation, and various industrial sectors. It signals a further...

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The Ministry for Foreign Affairs is continuing to strengthen the network of Finnish missions abroad by opening a third Consulate General in the United States. The new Consulate General will be located in Houston, Texas. Finland currently has three foreign missions in the United States: the Embassy of Finland in Washington, D.C., and Consulates General in New York on the East Coast and Los Angeles on the West Coast. The Consulate General in Houston is scheduled to start its operations...

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EU unveils €100 billion Clean Industrial Deal to boost green competitiveness On Wednesday, 26 February, the European Commission announced its plan for EU competitiveness and decarbonisation through the Clean Industrial Deal. The strategy comes in response to increased competition from China and the U.S. with EU officials claiming that Europe can win on green technology. There will be €100 billion in short-term relief to increase green manufacturing in the EU. The goal is to help traditional industries cut carbon emissions and boost...

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