Member News

Jaguar Freight | Weekly Roar: No Linear Path Forward

In this week’s Roar: mixed signs in Europe, fuel at a low point, taking initiative on climate disclosure rules, continued trade tension between the U.S. and China, and air cargo embracing digitization. Economic improvement does not show up as a straight line on a chart, and usually includes a meandering path. Take the situation in Europe. Their service sector is booming — seeing their biggest rebound since 2009. Unfortunately, it’s being overshadowed by a manufacturing sector that continues to decline....

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Member News

EIB Global Gateway: EU Commission and EIB announce funds worth €18 billion to boost investments in climate action and sustainable economies

The European Commission and the European Investment Bank have announced €18 billion of financing under Global Gateway, Europe’s investment strategy for partner countries. This will boost investment in Global Gateway’s priority areas – climate action, clean energy and connectivity – in Europe’s partner countries around the world. In particular, these projects will aim to help bridge the global climate finance gap and support prevention, adaptation and mitigation. Speaking from the Global Citizen NOW Summit in New York, President von der Leyen...

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Chapter News

EU Parliament | Ending fast fashion: tougher rules to fight excessive production and consumption

Textile products must last longer and be easier to reuse, repair and recycle The destruction of unsold or returned textiles should be banned Human, social and labour rights must be respected during production Need for binding targets and measures addressing the entire lifecycle of textiles Environment Committee MEPs adopted their recommendations today for EU measures to ensure that textiles are produced in a circular, sustainable and socially just way. MEPs say textile products sold in the EU should be more...

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Member News

Rand Insurance | Newsletter, Spring 2023

Spring has sprung! We hope this seasonal newsletter will provide you with some useful information. Thank you for giving us the privilege of servicing your insurance needs. Why you might need a safe and alarm system in your home Helping keep your valuables secure It's easier than ever for thieves to break and enter into your home, putting your valuable articles and collections at risk. Our partners at Chubb recommed the following: High security fireproof safe, professionally bolted or over 750 lbs and TRTL/TL-30 rated...

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Chapter News

IMF | Europe’s Knife-Edge Path Toward Beating Inflation Without a Recession

Success will require tighter macroeconomic policies tailored to changing financial conditions, strong financial supervision and regulation, and bold supply-side reforms Following a strong exit from the pandemic, Europe was hit hard by the economic impact of Russia’s invasion of Ukraine. Growth slowed drastically, inflation shot up, and episodes of financial stress materialized. But as a result of decisive policy action, most economies narrowly avoided a recession this winter. Europe now faces the difficult task of sustaining the recovery, defeating inflation,...

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Member News

Vulcan Insight | EU Commission proposes largest EU Pharma industry review in decades

On 26 April, the proposal for the pharma package review was issued by the Commission. The revision is the first major review of the pharmaceutical legislation since 2004 and aims to adapt the European pharmaceutical legislation to the needs of the 21st century. The reform aims to ensure more timely and equal access, lower burdens on companies, and lower healthcare costs. The review encompasses two legislative proposals, a Directive, and a Regulation, which will serve as the EU regulatory framework...

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Member News

Steptoe | Global ESG Headlines, April 2023

Welcome to “For What It’s Earth,” a bi-weekly review of the key Environmental, Social and Governance (ESG) developments from across the globe. With an increasing scrutiny of ESG factors by governmental authorities, investors, customers and stakeholders, in our newsletter we distill ESG-related policy, legal, and market developments into a streamlined note, reporting on the issues most relevant for business and industry. Recent developments to note: LitigationJewelry brand David Yurman and direct to consumer brand Mejuri Inc. settled a lawsuit brought by Yurman...

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Member News

AICEP Portugal Global | Digital nomads “fundamental” for Portugal

The Minister of Labour has stated that it is necessary to “focus on attracting people to Portugal”, reiterating that the country has positioned itself as being able to have “the capacity to attract digital nomads”. Currently, there are 650,000 immigrants working in Portugal, six times more than in 2015, points out Ana Mendes Godinho. The minister defends the “contribution of foreign workers to Portuguese development”, stressing that in Social Security contributions, foreigners already represent 10% of workers who actively participate in...

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Chapter News

Oliver Röpke, the new president of the EESC, sets democracy, fundamental rights and the rule of law as guiding principles of his mandate

The president vows to make the European Economic and Social Committee a true civil society gateway and open its doors to the EU accession countries. In the run-up to the 2024 European elections, the Committee will take on a more active role to stand up for democracy and strive for a more resilient, prosperous and inclusive Europe. The European Economic and Social Committee (EESC) has elected Austria's Oliver Röpke as the 34th president in its 65-year history. Former head of the Brussels...

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Chapter News

ECB | What to do about Europe’s climate insurance gap

The EU has a problem with climate catastrophe insurance: only a quarter of the losses from climate-related disasters are covered. Greater coverage could reduce the economic damage that results from them. This joint ECB-EIOPA post for The ECB Blog looks at ways to make this happen. Drought affected two-thirds of the European Union in 2022, likely the worst episode in 500 years. Agricultural production withered, river transport was disrupted and hydroelectric power generation fell, which exacerbated the energy crisis. Just...

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