Chapter News

ECB | Euro area economic and financial developments by institutional sector: third quarter of 2022

Euro area net saving decreased to €678 billion in four quarters up to third quarter of 2022, compared with €731 billion one quarter earlier Household debt-to-income ratio declined to 94.7% in third quarter of 2022 from 96.0% one year earlier Non-financial corporations' debt-to-GDP ratio (consolidated measure) decreased to 77.6% in third quarter of 2022 from 79.4% one year earlier Total euro area economy Euro area net saving decreased to €678 billion (6.5% of euro area net disposable income) in the...

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Member News

Blue Sky Network Selected As Early Developer, Launch Partner of Iridium Messaging Transport (IMT)

Blue Sky Network is proud to have been selected as an early developer of, and launch partner for, Iridium Messaging TransportSM (IMT)—Iridium’s first fully integrated, cloud-native networked data service. The highly anticipated IMT service provides customers with small- to moderate-sized IoT messaging via Iridium CloudConnect. It’s ideal for M2M, email, weather, transactions, and group communications. “IMT messaging extends the reach of our SkyRouter platform, allowing Certus devices such as Blue Sky Network’s award-winning SkyLink product line to participate in our asset...

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Member News

Rand Insurance Insights: Winter 2023

A Message From RAND Insurance: Welcome to winter and 2023! We hope this seasonal newsletter will provide you with some useful information. Thank you for giving us the privilege of servicing your insurance needs. Key Ways to Reduce the Risk of Water Damage from Frozen Pipes Frozen Pipe Season is Here Winter is here along with subzero temperatures. When temperatures plummet, the risk of your pipes freezing and bursting skyrockets. In fact, burst pipes are one of the most common causes of...

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Member News

Vulcan Insight | EU launches debate on electricity market reform

In the context of the upcoming EU proposal on repairing the current electricity market design, scheduled for the end of March, the EU launched a public consultation on Monday. The debate lays out several possible options “to build a more resilient market, providing an added value for European citizens and the industry at large in the current crisis context and beyond.” The expected proposal in March will aim to protect businesses and households from high energy bills and at the same time accelerate the...

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Chapter News

IMF | The Costs of Misreading Inflation

The 2021 surge in global shipping costs was a canary in the coal mine for the persistent rise in inflation It bears remembering that, as recently as the second half of 2021, the Federal Reserve considered that the surge in consumer price inflation would dissipate, with price increases returning to the Fed’s 2 percent target in 2022. In testimony before Congress, Fed Chair Jerome Powell affixed the now infamous “transitory” moniker to the ongoing price increases, which he ascribed to...

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Member News

AICEP Portugal Global | New Platform “PORTUGAL FOR U.S.: Curated Content. Curated Shopping.”

Welcome to the new PORTUGAL FOR US platform, a dedicated marketplace that showcases the best brands and the latest collections exclusively made in Portugal. The new marketplace is available at www.portugalforus.com. Online shopping is one of the highest global growth trends and the United States is already one of the largest markets for the Portuguese fashion and home decor industries, with continuous growth in all product segments. With this new platform, AICEP – Portugal Global USA wants to scale up and...

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Chapter News

U.S. FED | Speech by Governor Waller on the economic outlook: A Case for Cautious Optimism

Governor Christopher J. Waller at the C. Peter McColough Series on International Economics, Council on Foreign Relations, New York, New York | Thank you, Ben, and thank you to the Council on Foreign Relations (CFR) for inviting me to be part of this discussion. It has been close to a year since the Federal Open Market Committee (FOMC) began tightening monetary policy. We began raising interest rates in March 2022 and shrinking our securities holdings in June in order to...

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Member News

EIB | Untangling the polycrisis

As the World Economic Forum in Davos focuses on the ‘polycrisis’, the solution is to see this as a time of ‘polyopportunity’ for investment The congress centre, town and surrounding ski slopes promise a familiar backdrop for this year’s World Economic Forum in Davos, Switzerland. But the global context framing the debates among the world’s leading economists, politicians, business leaders and intellectuals represents uncharted territory. The world has lurched from one crisis to the next, and it faces several crises all...

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Member News

Osborne Clarke | What’s on the horizon in 2023 for Global HR?

HR is faced with a constant challenge to foresee, adapt and respond to new ways in which people want and expect to work Along with the immediate need to respond to concerns about the economic slowdown – and the global restructurings and reductions in forces that it spurs – HR teams are required to meet "business as usual" demands to retain and attract talent that is loyal and the best despite the difficult conditions. This means responding to the technological...

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Member News, New York Related News

Ogletree Deakins | New York City Holds Second Public Hearing on Updated Proposed Rules for Automated Employment Decision Tools

On January 23, 2023, the New York City Department of Consumer and Worker Protection (DCWP) held a public hearing on updated proposed rules to implement the city’s automated employment decision tools (AEDT) law (Local Law 144). As we previously reported, the updated proposed rules were issued following a significant volume of public input concerning an initial version of the rules released on September 23, 2022. Like the initial hearing convened in 2022, the second hearing attracted a sizeable audience of...

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