Overview: It is ironic that a few months ago, many wanted to sell the dollar because the Republican president and vice president candidates said they wanted a weaker dollar. With the election drawing near and the race very tight, there has been a surge in the betting markets of a Trump-Vance victory, and this has corresponded with the dollar's dramatic rise. US rates held on the lion's share of their gains despite the sharpest loss in the S&P 500...

Read more

In recent months, politicians and regulators across a number of jurisdictions have called on operators of online platforms to take seriously their legal obligations to promote a safe online environment. The safety of children online has continued to dominate this conversation, with a recent joint UK-U.S. statement (Statement) declaring that online platforms should “go further and faster in their efforts to protect children.” This alert sets out the regulatory focus areas of the European Commission (EC), the Irish Coimisiún na...

Read more

Roxana Mînzatu, Executive Vice-President for People, Skills, and Preparedness Romania’s initial nominee, Victor Negrescu, was withdrawn following von der Leyen’s tempting offer of a more esteemed portfolio to countries that nominated a female candidate. In response, Romania proposed Roxana Mînzatu, thereby securing a Vice-President position. Roxana Mînzatu has been appointed Executive Vice-President for People, Skills, and Preparedness, with additional responsibilities for quality jobs. A long-standing member of the Social Democratic Party since her time at the University of Bucharest, where she...

Read more

Power and water projects to receive €2.2 billion in financing. Urban and educational initiatives allocated €1.8 billion. Transport sector projects of €1.1 billion approved. EIB Board seminar with Civil Society discussed the impact of Group financing. The Board of Directors of the European Investment Bank (EIB) approved a total of €5.8 billion of fresh financing for projects ranging from clean energy in Poland and schools in France to post-disaster reconstruction in Italy and railway safety in Croatia. The Board...

Read more

Proposals around unfair dismissal and probationary periods not planned to come into force until autumn 2026 The government has today "unveiled" its Employment Rights Bill, as it looks to deliver "economic security and growth to businesses, workers and communities across the UK". Many of the proposed reforms have been heavily trailed in Labour's Make Work Pay plan and in the media after the government's election, but there has been increasing speculation as to what may or may not be included in...

Read more