Member News

Vulcan View: The latest EU developments 2 September – 6 September

The Future of the European Green Deal The European Green Deal is a set of policy measures designed to guide the EU toward a green transition, with the eventual goal of reaching climate neutrality by 2050. Introduced in 2019 under the leadership of European Commission President Ursula von der Leyen, the comprehensive strategy seeks to reduce greenhouse gas emissions, promote clean energy, and foster sustainability across all sectors. Now, with von der Leyen’s re-election, there’s growing debate about whether the...

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Member News

EIB advocates for more investment and green financing at Poland’s leading economic conference

European Investment Bank delegation led by Vice-President Teresa Czerwińska participated in the Economic Forum, Poland’s leading economic conference that took place in the south-western town of Karpacz on Sept.3-5. For the second year running, the EIB contributed to a respected economic report authored by Poland’s top business school, the Warsaw School of Economics (SGH), that was unveiled during the conference. This year’s EIB analysis - “Investment and innovation among Central, Eastern and South-Eastern European firms: Recent trends and the path...

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Member News

Panitch Schwarze | RESTORE Act of 2024: A Game-Changer for U.S. Patent Law and Innovation Rights

Both houses of Congress recently introduced a new, bipartisan bill that could have significant impacts on patent law. The Realizing Engineering, Science, and Technology Opportunities by Restoring Exclusive (RESTORE) Patent Rights Act of 2024 is a legislative proposal aimed at enhancing the enforcement rights of patent holders in the United States. It was introduced on July 30, 2024 in the U.S. Senate by Chris Coons (D-DE) and Tom Cotton (R-AR) and in the House by Representatives by Nathaniel Moran...

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Member News

K-Mine | Mining Pitfalls: Essential Strategies for Avoiding Costly Errors

Introduction  Effective economic evaluations in the early stages of mining projects are crucial for determining their feasibility and potential profitability. These evaluations are foundational, impacting investment decisions potentially worth billions of dollars and influencing the strategic direction of entire operations. Yet, this initial phase is fraught with complexities and potential for critical errors.  Mining projects require substantial upfront investments, often in the range of hundreds of millions to several billion dollars, depending on the scale and location. For example, the average...

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Member News

Stephenson Harwood | Data Protection update – August 2024

Welcome to the Stephenson Harwood Data Protection update, covering the key developments in data protection and cyber security law from August 2024. This month, noyb filed nine GDPR complaints against X's plans to utilise user data to train its AI chatbot, the UK Government proposed increasing data protection fees, the EU and China begin talks on cross-border data transfers, the ICO launched its fifth call for evidence on generative AI, the European Commission launched a call for evidence on the...

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Chapter News

European Council | Keynote speech by the Eurogroup President, Paschal Donohoe, to the City of London Corporation on ‘Financing Our Future’, 3 September 2024

Lord Mayor, Ambassadors, Governor Bailey, distinguished guests, it is a great honour to be here with you this evening. Thank you Lord Mayor for the invitation, and thanks to the City of London corporation for this opportunity in this storied venue. As a proud Irishman and European, my connections with the United Kingdom and London in particular run very deep, both personally and professionally. London is very much a home away from home for me. It is where I first moved to...

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Chapter News

ECB | Why competition with China is getting tougher than ever

By Alexander Al-Haschimi, Lorenz Emter, Vanessa Gunnella, Iván Ordoñez Martínez, Tobias Schuler and Tajda Spital | Euro area exporters are facing tougher competition from China. But why is that? The ECB Blog looks at the important role played by price competitiveness and the ongoing industrial upgrades being made in China. Euro area manufacturers have long benefited from Chinese exports, such as using cheap parts to produce their own finished products. In recent years, however, China has increasingly become an exporter...

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Member News

Jaguar Freight | The Weekly Roar – Top Shipping News

In this week’s Roar: Chinese import tariffs, cycles in air freight, container demand, the environmental impact of the Red Sea crisis, and the state of the IoT. It’s election season in the U.S., so it should be no surprise that specific campaign topics have implications on trade and supply chains. At the center of the discussion are possible increased tariffs on certain Chinese imports, including electric vehicles, semiconductors, Chinese-made cranes, and even Chinese made steel. U.S. manufacturers and politicians want exemptions or...

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Chapter News

The Fed | Federal Reserve Board announces final individual capital requirements for all large banks, effective on October 1

Following its stress test earlier this year, the Federal Reserve Board on Wednesday announced final individual capital requirements for all large banks, effective on October 1. Large bank capital requirements are informed by the Board's stress test results, which provide a risk-sensitive and forward-looking assessment of capital needs. The table shows each bank's common equity tier 1 capital requirement, which is made up of several components, including: The minimum capital requirement, which is the same for each bank and is...

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Chapter News

IMF | Women Lead Record Number of Central Banks, but More Progress is Needed

New governors in Bosnia and Herzegovina and Papua New Guinea lifted the share of central banks with women leaders to 16 percent Women are leading more central banks than ever before, thanks to appointments in the past year, but recent gains still leave the share of female governors far short of parity. The number of women in governor roles rose to 29 this year from 23 last year, though that left the share of female leaders at just 16 percent of...

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