Financing for Development/UN SDG's, Member News

EIB | What does COVID-19 mean for development?

From the loss of education to the impact on businesses, jobs and the flow of finance for development, the economic scars of the pandemic will take time to heal. In the light of COVID-19, development finance backing from the European Union is more important than ever. The world was not doing enough for sustainable development, even before the pandemic. The existing gap in financing for the achievement of the Sustainable Development Goals has been estimated at around $2.5 trillion. Growth in...

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Member News

Stout | 5G, IoT, and Standard Essential Patents

Stout experts offer insights on the 5G patent landscape, FRAND licensing terms, and aggregate royalty burdens. Proliferation of 5G and wireless encouraging SEP patent owners to extend their reach Licensing of standard essential patents (SEPs) is a longstanding tradition in the telecommunications and consumer electronics sectors. Performing valuations, determining appropriate royalty rates, and licensing on a fair, reasonable, and non-discriminatory (FRAND) basis is an expected, but often complicated, practice for use of technologies, including wired and wireless connectivity, video encoding, and...

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Member News

BBGFX | The Dollar Remains on the Defensive

Overview: Last week's cyberattack on the largest US gasoline pipeline continues to lift oil and gasoline prices.  The June gasoline futures gapped higher to extend last week's 2.4% gain but has subsequently moved lower to enter the gap.  June WTI is firm and holding above $65. The supply disruption is key, but iron ore prices soared 10% on strong Chinese demand. More broadly, the CRB Index settled last week at six-year highs.  Led by South Korea, Asia Pacific equities...

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Chapter News

CoR/OECD | SDGs as a Framework for Covid-19 Recovery in Cities and Regions

The European Committee of the Regions (CoR) and the Organisation for Economic Co-operation and Development (OECD) invite representatives of local and regional authorities across Europe to participate in a survey on the Sustainable Development Goals. The consultation is open until Friday 11 June 2021. In 2019, the UN launched the Decade of Action for Sustainable Development to accelerate efforts, scale up projects and mobilize contributions across all levels of governments and society for the realization of the SDGs. Regional and local authorities...

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Member News

Stibbe | Abuse of economic dependence: lessons drawn from the first judgments in Belgium

On 22 August 2020, the ban on abuse of economic dependence was implemented in Belgium (Article IV.2/1 of the Code of Economic Law). Now that almost a year has passed and the first judgments have been rendered, we assess what first lessons can be drawn from these judgments. The rulings show that the ban is regularly relied upon in court and has lowered the hurdle for plaintiffs to make their case. Economic dependence is defined as "a subordinate position of...

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Member News

BPL Global | COVID-19 and the Private Insurance Market: the Big Picture

The human consequences of the coronavirus pandemic are all too clear. The full economic impact of the various government lockdowns in place around the world are yet to emerge. However, even at this stage it is certain that the impact on the global economy will be massive: probably beyond any of our experiences. The impact will be felt everywhere, including on the private insurers with whom we place our clients’ business. What shape will these insurers be in when...

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Member News

Vulcan Insight | A new industrial strategy to make the EU more crisis-proof

On Wednesday, European Commission Vice-Presidents Valdis Dombrovskis and Margrethe Vestager, joined by Internal Market Commissioner Thierry Breton presented an update to the Commission’s Industrial Strategy which had been adopted shortly before the coronavirus crisis hit the continent. It is intended to boost the EU’s economic recovery and counteract various technological and industrial dependencies towards Asia and North America, which had proved to be a significant problem during the health crisis.    With this strategy, the Commission aims to continue developing a more effective industrial policy and intervene more actively in the market. This involves targeted state support for specific industries to keep or re-shore production to the EU. Breton announced...

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Chapter News

WE ARE HIRING A PROGRAM & COMMUNICATION OFFICER

WE ARE HIRING A PROGRAM & COMMUNICATION OFFICER Our colleague Femke Hartog is heading back to the Netherlands and we are looking for someone to step into her shoes. The position a great opportunity for someone with detailed and broad knowledge of the EU & US relationship, including related economic issues and the transatlantic business environment, to deploy that experience in an international affairs & trans-Atlantic business environment. The position has the potential to expand in scope and responsibilities as we...

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Member News, New York Related News

Marks Paneth | The New Pass-Through Entity Tax in New York State: Overview and FAQ

On April 19, New York Governor Andrew Cuomo signed the state’s 2021-2022 fiscal year budget into law.  The law contains several changes to New York’s tax laws, including tax rate increases on corporations and wealthier individuals. A summary of the New York State budget was recently released by Marks Paneth. One of the more potentially favorable elements of the law is a new, elective “Pass-through Entity Tax” (PTE tax) which many businesses with operations or investors in New York may want...

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Chapter News

IMF | Economies in the Financial Spotlight in 2021

Throughout 2020 and into 2021, the global financial system withstood the effects of the global pandemic and economic lockdowns due to unprecedented policy support. Strong financial systems that are well regulated and well supervised help maintain financial stability. But like a well calibrated engine on a car, maintenance is key. Each year the IMF takes a look under the hood of select economies, which helps to unmask vulnerabilities that could present bigger problems down the road. The Financial Sector Assessment Program, or “FSAP” as...

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