EU leaders approve “ReArm Europe” plan to boost defence spending European Commission President Ursula von der Leyen unveiled the key elements of her proposed “ReArm Europe” plan on Tuesday (4 March), aimed at strengthening the EU’s defence spending and capabilities in response to the current era of rearmament. The plan includes €150 billion in subsidised loans to help member states bolster their defences. EU leaders endorsed its main lines on Thursday (6 March) during a special European Council meeting. Finally, Ms. Von der Leyen...

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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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