11 Jun
Chapter News, News

World Bank | Middle East Conflict Sends Global Growth to Lowest Rate Since COVID-19

The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, and increased borrowing costs , according to the World Bank Group’s latest Global Economic Prospects report.  Global growth is forecast to slow to 2.5% in 2026, down from 2.9% in 2025. Forecasts for two-thirds of economies have been downgraded relative to January of this year.  Global growth is expected to improve to 2.8%...

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11 Jun
Member News, News

Mason Hayes & Curran | Amended Climate Law and RED II – Implications for EU Energy Policy

The EU has set a 2040 EU climate target of a 90% reduction in greenhouse gas emissions compared to 1990 levels. This new target requires the Commission to review other relevant EU legislation to achieve the target. Our Planning & Environment team discuss how, for example, RED II and the Energy Efficiency Directive will need to be amended. What you need to know The EU Climate Law sets a binding objective to achieve climate neutrality by 2050. To achieve this, it set...

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10 Jun
Chapter News, News

ECB | A Tale of Two Energy Crises – Initial Conditions Matter

Blog | The current energy shock is significant and global, but it is also hitting a euro area economy that is more balanced than when Russia invaded Ukraine in early 2022. History and analysis show that context matters a lot for how shocks propagate to inflation. Energy prices have risen sharply since early 2026 when war broke out again in the Middle East and the Strait of Hormuz was closed. This big uptick in energy inflation has in turn driven...

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10 Jun
Member News, Trade & TTIP Related

Barnes & Thornburg | Tariffs Update: The Roller Coaster Ride Continues

Just as some U.S. importers began receiving refunds of duties paid under the International Economic Emergency Powers Act (IEEPA), the tariff refund landscape is shifting again due to a threatened appeal by the U.S. government. At the same time, the administration advanced action under other tariff laws that likely will result in new or expanded tariffs; reduced tariffs on some steel, aluminum and copper derivatives; and directed stricter enforcement of the customs laws. As Refunds Are Received, Complications Arise for...

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09 Jun
Chapter News, News

IMF | Understanding Geoeconomics in a Volatile World

How new economics tools explain global power dynamics Throughout history, powerful nations have used economic leverage to bend others to their will. Florence’s Medici banking dynasty shaped Renaissance politics with its financial dominance, and imperial Britain used trade dominance to bind its empire together and wield power across the globe. Today, the United States freezes access to financial markets or urges its allies to impose export controls on essential technologies, and China threatens restrictions on rare earths to expand its...

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09 Jun
Member News, News

Thompson Hine | Federal Court Strikes Down $100,000 H-1B Fee: What Employers Need To Know

On June 8, 2026, a federal court in Massachusetts struck down the $100,000 fee that the Trump administration had imposed on employers filing H‑1B visa petitions. The ruling is a major win for businesses that utilize the H-1B program to hire skilled foreign workers in fields like technology, engineering, healthcare, and finance. BACKGROUND Last September, President Trump issued a Presidential Proclamation titled Restriction on Entry of Certain Nonimmigrant Workers. The proclamation required employers to pay a $100,000 fee—on top of existing filing...

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08 Jun
Member News, News

AlixPartners | AI Shopping Agents: Customer Gains, Retailer Gains, and What Retailers Stand to Lose

In our first article in this series, What AI shopping agents will mean for customers and retailers, we outlined six imperatives retailers must act on to stay competitive in a fast-evolving landscape. As of late 2025, Amazon had launched Buy for Me, Google had rolled out agentic checkout with Gemini, and OpenAI’s Instant Checkout had gone live with partners including Etsy, Shopify, and Walmart. 2026 has seen agentic e-commerce go mainstream, with the market expected to be worth $236 billion by...

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08 Jun
Chapter News, News, Trade & TTIP Related

OECD | Steel Excess Capacity Continues to Weigh on Global Markets, with Subsidies Increasingly Undermining Fair Competition

Global steel excess capacity continues to grow, driven by increasing subsidies in some major non-OECD steel-producing economies, while efforts to restore fair competition are increasingly undermined by circumvention of trade measures aimed at levelling the playing field, according to a new OECD report. The OECD Steel Outlook 2026 projects global steel excess capacity to reach 745 million tonnes by 2028, exceeding the OECD’s current steel production by 319 million tonnes. Planned capacity additions of up to 139 million tonnes through 2028 represent...

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08 Jun
Chapter News, News, Trade & TTIP Related

EU Council | Steel Overcapacity: Council Greenlights New Rules to Protect the EU Steel Market From Global Overcapacity

The Council today adopted a regulation establishing a new framework to protect the EU steel market from the negative trade-related effects of global overcapacity, as outlined in the Steel and Metals Action Plan of 2025. The new rules will replace the current EU steel safeguard measure, which expires on 30 June 2026, ensuring continued protection for the EU steel sector. " Steel is indispensable to Europe's industrial base, its green transition and its security. With today's adoption, the EU is putting...

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08 Jun
Member News, News

Wilson Sonsini | European Commission Publishes Proposal for Act to Reduce Reliance on Foreign Cloud and AI

On June 3, 2026, the European Commission (EC) released its first draft of a proposed Cloud and AI Development Act (Proposal or CADA), marking a significant step forward in the EU’s efforts to strengthen its digital infrastructure and reduce strategic dependence on non-EU cloud providers. Through the Proposal, the EC aims to strengthen EU cloud, AI, and computing capabilities, and introduces criteria to help public-sector bodies assess whether third-party cloud services are sufficiently protected from foreign control. The Proposal lays the groundwork for a...

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