Member News

Vulcan Insight | SOTEU 2022: Commission President calls for solidarity

Every year, during the September Plenary Session, President of the European Commission, Ursula von der Leyen, presents her State of the European Union speech before the European Parliament in Strasbourg. During her annual speech, the President takes stock of the achievements of the past year and presents the Commission’s priorities for the year ahead. This year, in light of the unprecedented geopolitical situation Europe finds itself in, von der Leyen’s speech was dominated by topics such as Ukraine, democracy, energy...

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Member News, New York Related News

EIB at the 2022 UN General Assembly and Climate week NYC

President Werner Hoyer and Vice-President Ambroise Fayolle will participate in a number of events during the 77th General Assembly of the United Nations (UNGA), which gathers global leaders to discuss issues such as global development, energy and food security, education and climate action. In parallel, the EIB will participate in Climate Week NYC (19-25 September), the biggest global climate event of its kind. As world leaders gather in New York this month for Climate Week, President Hoyer says it's time to deliver. Read the blog article. Find more...

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Member News, New York Related News

Cea Legal | Mortgage Recording Tax

It’s no secret that the costs in connection with investing in real estate in New York are considerable. Our clients often ask us to provide us a detailed estimate of the expenses before making a final offer. When an investor is financing the purchase, one of the most significant disbursements to take into consideration is the mortgage recording tax. The mortgage recording tax is calculated as 1.8% of the financing amount under $500,000 and 1.925% on financing amounts over $500,000....

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Chapter News

IMF | Energy Shocks Amid Rapid Inflation Could Fuel Faster Wage Gains

Billions of consumers around the world are seeing higher oil prices seep into the cost of living and wages. Filling the gas tank soon starts to cost more when crude prices climb, as does airfare, but higher energy costs also boost prices for all the products on store shelves. Workers seek higher wages to compensate for a loss in their purchasing power. These are what economists call second-round effects, and they can in turn further raise prices. If this...

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Member News

NAL Research | Blue Sky Network Announces SkyLink Aviation Qualifications

SkyLink, Blue Sky Network’s 2x award-winning connectivity platform, is now DO-160G qualified for aviation | August 30, 2022 – SAN DIEGO – Blue Sky Network today announced that its SkyLink 7100 aviation solution has completed DO-160G qualification testing and can now be installed on crewed aircraft. Additionally, the SkyLink single-channel Iridium antenna has received FAA TSO C159d approval.  This dual-mode communications solution leverages next-generation Iridium satellite service and local 4G/LTE networks, providing aviation customers with continuous pole-to-pole coverage. To attain DO-160G...

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Chapter News

EU State of the Union, 2022

“Democratic institutions must constantly gain and regain the citizens’ trust. We must live up to the new challenges that history always puts before us. Just like Europeans did when millions of Ukrainians came knocking on their door. This is Europe at its best. A Union of determination and solidarity.” Ursula von der Leyen, President of the European Commission READ THE FULL ADDRESS WATCH THE FULL ADDRESS Charting the course for the year ahead In her State of the Union address on 14 September...

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Chapter News

ECB | What drives inflation expectations of women and men?

Women and men shop differently and have different perceptions of prices and inflation. This ECB Blog post examines how inflation expectations are formed and revised across gender and why that matters for central banks. Women tend to have higher inflation expectations than men. As these differences are well documented across the world, we have used results from the ECB’s new Consumer Expectations Survey (CES) to shed light on certain factors which can explain some of the gender inflation gap. And...

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Member News

Exeo Attorneys | Golden Visa Portugal : an immigration program for investors and a gateway to Europe

The Portuguese Golden Resident Visa (or “GRV”) is an immigration program that allows you to acquire residency through a qualified investment in the country. It is considered by many advisors as the best program of this kind due to the wide variety of its investments, flexible investment requirements ​​and to its limited minimum required presence in the country. This program was launched in 2012 and it has grown in popularity during its 10 years of existence: according to data from...

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Chapter News

EIB | With the support of InvestEU, Aquila Clean Energy raises financing for 2.6 GW capacity renewable energy projects in Southern Europe

Financing of unprecedented EUR 1 billion built-to-sell construction facility including one of the biggest loans ever granted by the European Investment Bank (EIB) under a Project Finance structure EIB loan backed by the EU's new InvestEU programme Further loans from seven commercial banks More than EUR 2 billion project volume in total for entire renewable energy pipeline in Spain and Portugal with over 50 projects Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has...

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Member News

Troutman Pepper | More Privacy, Please – September 2022

Editor's Note: In the U.S. laws and regulation space, the California attorney general announced the first-ever CCPA settlement, the California Privacy Protection Agency raised objections to the ADPPA, and the FTC announced advance notice of a proposed rulemaking aimed at commercial surveillance and data security. Meanwhile, the California legislature passed the Age-Appropriate Design Code Act. In U.S. litigation, Meta settled a class action over tracking and requested attorneys' fees in a data scraping suit. In international regulation and enforcement,...

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