Member News

Cushman & Wakefield | C&W Announces AI+ Digital Transformation Strategy

Firm’s new AI+ Digital Transformation Strategy to Advance CRE, Enabling AI at Scale while Furthering Operations, Client Delivery and Data Stewardship CHICAGO (November 20, 2023) – Cushman & Wakefield (NYSE: CWK), a leading global commercial real estate (CRE) services firm, today announced it intends to embed Artificial Intelligence (AI) across its commercial real estate transaction lifecycle, to enhance client and employee outcomes. As part of AI+ – the firm’s new, exclusive digital transformation strategy, powered by AI and underpinned by proprietary...

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Member News

Belvoir Wealth Management AG | Welcome to our Little Swiss Dish – a Swiss Market Update, November 2023

Welcome to our little Swiss Dish. Where we give you insights of Switzerland’s economy in a cheesy way. Wear your safety vest and sunscreen, as in this publication we travel on water. Travelling by boat: Switzerland’s infrastructure offers many varieties to travel to work or for leisure. Did you know that many Swiss citizens take the fairy to cross from one end of the lake to the other to commute to work? Many use the opportunity to avoid the rush...

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Member News

Vulcan View | The latest EU developments 13 – 17 November

EU reaches milestone deal to curtail methane emissions Earlier this week, the European Commission welcomed a provisional agreement between the European Parliament and Council on a groundbreaking EU regulation designed to mitigate methane emissions both within Europe and globally. Methane, a potent greenhouse gas and a major contributor to climate change, is targeted by the accord as a crucial element in achieving the European Green Deal's commitment to reduce net greenhouse gas emissions by at least 55% by 2030. Keep reading. EU negotiators reach provisional agreement...

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Chapter News

European Commission | Autumn 2023 Economic Forecast: A modest Recovery Ahead After a Challenging Year

The European economy has lost momentum this year against the background of a high cost of living, weak external demand and monetary tightening. While economic activity is expected to gradually recover going forward, the European Commission's Autumn Forecast revises EU GDP growth down compared to its summer projections. Inflation is estimated to have dropped to a two-year low in the euro area in October and is set to continue declining over the forecast horizon. Growth has lost momentum, but a...

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Chapter News

European Parliament | Deal Reached on Stricter EU Rules for Waste Shipments

On November 17, Parliament and Council reached a provisional agreement on revising EU procedures and control measures for waste shipments. The agreed law aims to protect the environment and human health more effectively, while contributing to achieve the EU’s climate neutrality, circular economy and zero pollution goals. Strengthening the rules governing exports of waste outside the EU EU exports of certain non-hazardous wastes and mixtures of non-hazardous wastes for recovery (i. e. to be used for other purposes) will be allowed...

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Chapter News

European Commission | Readout of the meeting between EU Commissioner for Climate Action and China’s Special Envoy on Climate Change

On 16 November, EU Commissioner for Climate Action, Wopke Hoekstra met China's Special Envoy on Climate Change, Xie Zhenhua, in Beijing, to prepare for the COP28 UN Climate Change Conference in Dubai. In a frank and constructive exchange, they agreed to increase cooperation on tackling the climate crisis, which no single country can solve on its own. Both parties wholeheartedly underlined that climate science shows the urgency of action in this decade to meet the targets of the Paris Agreement....

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Chapter News

IMF | Central Banks Should Continue Digital Currency Development

Keynote address of Kristalina Georgieva, Managing Director at Singapore Fintech Festival |  President Tharman, excellencies, distinguished guests: good morning! It’s a pleasure to be in Singapore again. And it’s an honor to join you this morning at this impressive forum to take stock of how far we’ve come and set the course for the future. There is no better place to look into this future than Singapore — a place where fintech flourishes and where this festival brings the unlimited...

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Chapter News

ECB | A European view on central banking and the economy

The ECB Blog looked at how communication has become a key factor for the transmission of a central bank’s policies in a recent post. Central banks exercise a profound influence on what occurs in the economy through what they say. While banks and financial institutions hang on to their every word as decisions affect financing conditions and the economy, the wider public – which is certainly not less affected by monetary policy decisions - follows the communication of central banks indirectly,...

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Member News

Institute of International Education | U.S. For Success Coalition Launches to Increase and Diversify International Student Success in the U.S.

Coalition across sectors seeks to position the United States to more effectively attract a greater and more diverse population of international students and ensure their success Washington, D.C., November 14, 2023 — Last week, 11 education organizations, think tanks, and advocates launched the U.S. for Success coalition to foster international student success in the United States through a coordinated national effort. The coalition will work in partnership with the U.S. government, higher education institutions, the business sector, and other key partners...

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Member News

Trepp | CMBS Surveillance: Five Loans to Watch as the Delinquency Surge Continues

In October, the Trepp CMBS Delinquency Rate rose 24 basis points to 4.63%, with significant fluctuation across the five major property types. Each sector’s respective rate either rose or fell by more than 15 basis points, with two in particular experiencing substantial increases. The multifamily rate rose 79 basis points to 2.64%, after two consecutive months of only a 1 basis point increase. This is the highest month-over-month increase for the property type since November of last year.  Most surprising, however, was...

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