15 Sep
Chapter News

State of the Union: EU Commission proposes a Path to the Digital Decade to deliver the EU’s digital transformation by 2030

Today, the Commission proposed a Path to the Digital Decade, a concrete plan to achieve the digital transformation of our society and economy by 2030. The proposed Path to the Digital Decade will translate the EUʼs digital ambitions for 2030 into a concrete delivery mechanism. It will set up a governance framework based on an annual cooperation mechanism with Member States to reach the 2030 Digital Decade targets at Union level in the areas of digital skills, digital infrastructures, digitalisation of businesses and...

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15 Sep
Member News

Vistra | Options for offering benefits abroad: EORs, NREs and legal entities

“Some benefits are customary, rather than legally required, but they may be necessary to attract local talent,” says Bill Kirwan, vice president, advisory for Vistra in the UK. One path is to set up a local legal entity, such as a subsidiary or branch, which will allow the employer to provide workers with all legally required benefits. The employer may then add any customary additions it chooses. Establishing a legal entity offers the employer maximum flexibility in terms of allowable...

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14 Sep
Chapter News

IMF | Five Things to Know About Carbon Pricing

Carbon pricing shows serious promise as a tool in the fight against climate change Deterring the use of fossil fuels, such as coal, fuel oil, and gasoline, is crucial to reducing the buildup of heat-trapping greenhouse gases in the atmosphere. Carbon pricing provides across-the-board incentives to reduce energy use and shift to cleaner fuels and is an essential price signal for redirecting new investment to clean technologies. Here are five things to know about carbon pricing. 1. Carbon pricing can be readily...

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14 Sep
Member News

FTI Consulting | Why Have SPAC Valuations Skyrocketed?

As the SEC cautions SPAC managers about the use of projections, an FTI Consulting analysis of SPAC valuations reveals reasons for caution. In recent years, one of the big advantages of the SPAC merger for private companies when going public over choosing a traditional IPO was the acceptance of using forward-looking projections in investor presentations. However, questions about the implications of relying upon projections have lately dogged the SPAC universe and focused attention on some transactions after the fact. Based on...

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14 Sep
Member News

Cushman & Wakefield | 5 Key U.S. Labor Market Trends Impacting CRE

As the U.S. economy reemerges on the other side of the 2020 recession, the U.S. labor market remains an area of concern for occupiers, investors and the commercial real estate (CRE) industry. In our latest report we examine five key U.S. labor market trends impacting CRE. The impact of the pandemic on the U.S. labor market was sharp and severe, especially within urban areas. Although the labor market is now well on its way to recovery, there remain significant challenges...

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13 Sep
Chapter News

Trade and Technology Council: U.S. and EU announce inaugural meeting

Following the launch of the Trade and Technology Council (TTC) at the EU-U.S. Summit in June by U.S. President Joe Biden and Commission President Ursula von der Leyen, the EU and the U.S. are today announcing the details for its first meeting on 29 September 2021 in Pittsburgh, Pennsylvania. It will be co-chaired by U.S. Secretary of State Antony Blinken, Secretary of Commerce Gina Raimondo, and Trade Representative Katherine Tai, together with European Commission Executive Vice-Presidents Margrethe Vestager, and Valdis...

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13 Sep
Chapter News

Main Results of Eurogroup, 10 September 2021

Economic situation in the euro area The director of the European Centre for Disease Control (ECDC), Andrea Ammon, updated the Eurogroup on the COVID-19 epidemiological situation. Ministers followed up with a discussion on the economic situation and exchanged views with the chair of the European Parliament's committee on economic and monetary affairs, Irene Tinagli. Our efforts are feeding improved euro area growth prospects that matter for the EU citizens, their jobs and their income. The decisions of the European Central Bank,...

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13 Sep
Brexit News, Member News

Jaguar Freight | Brexit Pains and China’s Gains

In this week’s Roar, Brexit’s making headlines again, container lines are bypassing barge operators, China’s trade is doing surprisingly well despite delays forcing smaller manufacturers to cancel orders, and the ICS is proposing a market-based levy on vessels’ carbon emissions.  According to SupplyChainBrain, “an Office of National Statistics report published on Aug. 26 found 7% of firms were unable to source materials, goods, or services they needed from within the U.K in the previous two weeks.” And many businesses are warning that...

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10 Sep
Member News

Vulcan Insight | European Parliament Presidency in limbo as Weber rules himself out

Manfred Weber, German MEP and leader of the group in the European Parliament, has, in a surprise move, ruled himself out of the Presidency. In an agreement, decided just over two years ago, the first half of the 2019 – 2024 term would be held by the Socialists, and the latter half by the EPP.  Weber, who ran as the lead candidate for the EPP in the 2019 elections, where the EPP received the highest number of votes, did not...

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10 Sep
Member News

RSM | Europe in the spotlight – reimagining global mobility in the next normal

The transforming mobility landscape The pandemic has impacted us all. Businesses, society and economies all over the world have been hit hard and, as a result, countries have been forced to take extensive measures in order to combat the virus. These include closing borders, making international business travel nearly impossible. The pandemic acted as a catalyst for businesses around the world to respond rapidly in agile and purposeful ways. As a result, the priorities of advisers shifted towards ensuring their clients...

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