Chapter News

IMF | Riding the Global Debt Rollercoaster

The weaker growth outlook and tighter monetary policy call for prudence in managing debt and conducting fiscal policy Global debt remained above pre-pandemic levels in 2021 even after posting the steepest decline in 70 years, underscoring the challenges for policymakers. Total public and private debt decreased in 2021 to the equivalent of 247 percent of global gross domestic product, falling by 10 percentage points from its peak level in 2020, according to the latest update of the IMF’s Global Debt...

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Member News

IPTI | Update on U.S. & EU Property Tax Issues: December 2022

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together below a selection of articles from IPTI Xtracts; more articles can be found on its website (www.ipti.org). United States Working From Home Could Eventually Eliminate $522 Billion in US Office Value, Study Finds New York Could See Largest Drop Remote working is expected to wipe out about $522...

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Member News

C3Speech | Why conversation practice is key to language and communication fluency

When I say that a person is a great communicator, what do you think of? As a communication coach for international startups and professionals there is no one size that fits all, especially for those who are non-native English speakers. Many things affect our communication style whether it be language background, culture, industry, personalities, and our families. Over my many years of coaching I’ve witnessed who gets heard and why. It has been proven in many studies that we listen to...

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Member News

Loyens & Loeff Switzerland appoints new partner

Loyens & Loeff is pleased to announce that Robin Moser has been appointed equity partner, effective January 1, 2023. Robin joined Loyens & Loeff in 2019 and heads the Litigation and Risk Management department in the Zurich office. He focuses on domestic and international dispute resolution and has broad experience in representing clients in court, before federal and cantonal authorities and arbitral tribunals. Robin also has substantial experience in handling commercial disputes, asset recovery and enforcement matters, M&A disputes and criminal cases...

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Chapter News

ECB Speech | Crypto dominos: the bursting crypto bubbles and the destiny of digital finance

Keynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the Insight Summit held at the London Business School | London, 7 December 2022 | It is a true pleasure to be back at the London Business School. I did my PhD here many years ago. As soon as I arrived, I found myself immersed in an environment where pioneering academic research and economic analysis were carried out in a friendly atmosphere. In those years I...

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Member News

Vulcan Insight | EU finalises legislation to reduce deforestation worldwide 

On 6 December, the Council of the EU and European Parliament came to a provisional agreement on a proposal to minimise the risk of deforestation and forest degradation associated with goods that are either imported or exported to the EU. As such a large consumer and trader of commodities that play a very substantial role in global deforestation, this move by the EU has been warmly welcomed by many. According to the UN’s Food and Agriculture Organisation (FAO), an area...

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Member News

Thompson Hine | See No Evil, Speak No Evil, Then Pay the Piper: Be Ready for the Worst-Case Results in Cybersecurity

Getting an advanced handle on cybersecurity and the attendant fallout from breaches is important, and failure to do so can be very costly on many levels. Not only do breaches regularly result in an onslaught of litigation, bad press and loss of customers and revenue, but companies often are exposed to fines and penalties by state, federal, and international regulators. Even though cybersecurity is frequently cited as one of the top-of-mind issues in C-suites, it’s easy enough to push...

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Chapter News

OECD | Tourism rebound at risk as global crises take their toll

A post-pandemic recovery in tourism risks faltering as the global economy loses momentum amid the energy shock triggered by Russia’s war of aggression against Ukraine, high inflation and weakened household purchasing power, according to a new OECD report. OECD Tourism Trends and Policies 2022 says many countries saw a strong rebound in tourism in 2022 on the back of pent-up demand, household savings and travel vouchers. However, international tourism is now not expected to recover until 2024 or 2025, or...

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Chapter News

OECD | Russia’s war of aggression against Ukraine continues to create serious headwinds for global economy

The global economy is expected to slow further in the coming year as the massive and historic energy shock triggered by Russia’s war of aggression against Ukraine continues to spur inflationary pressures, sapping confidence and household purchasing power and increasing risks worldwide, according to the OECD’s latest Economic Outlook. The Outlook highlights the unusually imbalanced and fragile prospects for the global economy over the next two years. The global economy is projected to grow well below the outcomes expected before...

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Member News

Mason Hayes & Curran | 2022 in Review – Intellectual Property

There were numerous and wide ranging developments in intellectual property law in 2022, This includes the evolution and commercialisation of the Metaverse and NFT’s attracting significant media attention as a breakthrough development. In this article, we focus on three key case law developments: The decision by the EUIPO Fifth Board of Appeal to permit the well-known vodka brand, Absolut, to successfully register its 3D vodka bottle shape as a trade mark The decision by the EUIPO to refuse to...

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