Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – Ocean rates surging, shippers rushing for Christmas, Panama Canal upgrades, more maritime regulation, and pressures on manufacturing.

Ocean shipping rates are surging, and the current trend indicates record profits for shipping companies in the third quarter of 2024. Industry benchmarks show a substantial increase compared to pre-pandemic levels, though they haven’t quite reached the all-time highs observed in September 2021. The trend is mostly driven by ongoing disruptions in the global supply chain—high demand for goods, ongoing port congestion, geopolitical tensions, and labor shortages—which are causing a shortage of containers and an imbalance in demand for...

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Member News

IPTI | Property Tax In The News – July 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

Vulcan View: The latest EU developments 8 July – 12 July

Dissecting the results of the French election’s second round Round two of the French elections on Sunday, 7 July saw France faced with potential political deadlock after no party secured an absolute majority. All three blocs fell short of the 289 seat threshold needed to control the 577-seat National Assembly. Neither the major setback for Le Pen’s National Rally (RN), nor the left-wing coalition’s surprise didn’t prove President Macron´s intention right to create political stability by calling for a snap election. Without...

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Chapter News

ECB | The geopolitics of green minerals

Blog Post by Jakob Feveile Adolfsen, Danielle Kedan and Marie-Sophie Lappe | The green transition will significantly increase demand for key minerals over the coming decades. The impact on energy prices will ultimately depend on how supply adjusts. The ECB Blog looks at the geopolitical risks involved. The green transition relies on certain key minerals, in particular lithium, copper, nickel, cobalt, manganese, and graphite. Assuming that the transition takes place in accordance with the Paris Agreement, demand for these key...

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Chapter News

TBIC | Transatlantic Business & Investment Council Quarterly: Transatlantic Foreign Direct Investment Analysis & Trends

The Transatlantic Business & Investment Council (TBIC) is the official European representative for selected counties, cities, and corporations from over 30 U.S. States. It is our mission to promote transatlantic trade and investment. To that end, TBIC bridges the gap between U.S. Economic Development Organizations (EDOs) and European investors looking to enter or expand in the U.S. market. This latest issue of our quarterly features an analysis of the newly published data for Q4 2023 and revised data for the...

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Chapter News

IMF | Integrating Economic and Climate Data Will Strengthen Climate Policy

Blog post by Jim Tebrake, Francien Berry, Darja Milic | As economies worldwide strive to reduce emissions and achieve sustainable growth, reliable data is crucial. It forms the foundation for informed decision-making, guiding policy development, implementation, and monitoring. Recognizing this, the Group of Twenty is stepping up efforts to enhance the scope and quality of climate-related data. Through the third phase of the Data Gaps Initiative, it seeks to better integrate climate data with macroeconomic statistics. Doing so allows us to better understand...

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Chapter News

OECD employment at record high while the climate transition expected to lead to significant shifts in labour markets

OECD labour markets remain tight, with total employment higher than before the COVID-19 pandemic and the OECD unemployment rate close to its lowest level since at least 2001. Jobs growth has slowed, however, and real wages have recovered to pre-2020 levels in only 19 of the 35 OECD countries with available data, despite some catching up in the past quarters. Gender employment participation gaps are narrowing, with female employment up by about 5% in May this year from December...

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Chapter News

ECB | How euro area firms’ inflation expectations affect their business decisions

Blog post by By Ursel Baumann, Annalisa Ferrando, Dimitris Georgarakos, Yuriy Gorodnichenko, Judit Rariga and Timo Reinelt | Firms’ inflation expectations are key for monetary policy makers. The ECB Blog presents new survey data on these expectations, evidence on what influences them, how they change when new information becomes available, and if they matter for the plans and choices firms make. Setting prices, negotiating wages, deciding how much to invest or how many workers to employ - these are all...

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Chapter News

European Commission | Canada joins Horizon Europe programme

Canada is joining the growing group of non-EU countries who have associated to the EU's research and innovation programme, Horizon Europe, and will work jointly on large-scale projects tackling our biggest challenges. Today, Iliana Ivanova, Commissioner for Innovation, Research, Culture, Education and Youth, and Francois-Philippe Champagne, Canadian Minister of Innovation, Science and Industry, are signing the agreement that gives Canadian researchers and organisations the opportunity to participate in the programme on equal terms with their EU counterparts. Commission President Ursula von der Leyen and Canadian...

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Member News

EIB | Europeans over 30 understand climate change better than younger generations, EIB survey finds

The fight against climate change requires collective action — from governments, institutions, businesses and individuals. A good understanding of the climate challenge is essential for people to make informed choices. To assess the public’s understanding of climate change, the sixth edition of the EIB Climate Survey focuses on people’s knowledge of climate change in three key areas: definitions and causes, consequences, and solutions. Participants answered 12 questions and were ranked on a scale of 0 to 10, with 10...

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