Chapter News

EU Reaction to US announcement on breaking ties with the World Health Organisation

May 30, 2020 | Statement by the President of the Commission Ursula von der Leyen and High Representative/ Vice-President Josep Borrell As the world continues to fight the COVID-19 pandemic, the main task for everyone is to save lives and contain and mitigate this pandemic. The European Union continues to support the WHO in this regard and has already provided additional funding. In an EU-led resolution adopted by consensus on 19 May at the World Health Assembly, all WHO Member States agreed to...

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Member News

FTI: Cyber Preparedness in the Midst of COVID-19

May 22, 2020 | Why every organization should be thinking about their cyber preparedness now – even in the midst of a global pandemic. As storefronts shut down, supply chains freeze up, consumer behaviors transform, and the world’s workforce goes remote, most organizations across the globe are facing major disruptions and are currently in crisis mode.  This all means that business continuity plans and crisis communications playbooks, are likely coming off the shelf and being put to use. But what happens if,...

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Member News

OsborneClarke: Top 10 Cyber Security issues amid Covid-19

April 23, 2020 | As many businesses face major business interruption and heightened cyber risk through working from home at scale, Osborne Clarke’s international Cyber team, combined with S-RM Intelligence and Risk Consulting, hosted on 8 April 2020 a webinar covering 10 key cyber security questions that companies have been asking during the current COVID-19 crisis. We have made an audio recording of that webinar available online. This document sets out a high-level summary of some of the issues discussed...

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Member News

Portolano Cavallo: E-commerce digital acceleration: how to prepare for the new normal

May 13, 2020 | The Italian version of this article was first published on Wired. As partial lockdowns across Europe are extended, the coronavirus outbreak is generating an acceleration in the “going to digital” processes of companies across different sectors. E-commerce, more than others, is experiencing such acceleration. Artificial intelligence, augmented reality, digital marketing and new business models based on innovative data’s exploitation, will be key tools for offering a more efficient and reliable service to the final consumer. It...

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Chapter News

Questions and Answers: The proposed InvestEU Programme

May 29, 2020 | Why do we need InvestEU for the post-coronavirus recovery? InvestEU is the EU's proposed flagship investment programme to kick-start the European economy. It is well-placed to provide long-term funding and to support Union policies in the recovery from a deep economic and social crisis. This has been shown with the successful implementation of the European Fund for Strategic Investments and other EU financial instruments in the wake of the past financial crisis. In the current coronavirus crisis, the...

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Chapter News

EU budget for recovery: Kick-starting the EU economy by incentivising private investments

May 29, 2020 | As announced by European Commission President von der Leyen on 27 May 2020, the Commission is aiming to kick-start the EU economy by incentivising private investments. The Commission today proposes a new Solvency Support Instrument, which builds on the existing European Fund for Strategic Investments, to mobilise private resources to urgently support viable European companies in the sectors, regions and countries most economically impacted by the pandemic. The Solvency Support Instrument can be operational from 2020 and will have a...

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Member News

Vulcan Insight: European Commission presents next generation EU MFF and COVID-19 recovery package

May 27, 2020 | After weeks of anticipation, debate, joint proposals and counterproposals, European Commission President Ursula von der Leyen today presented the executive’s plan for a revised long-term budget to lead the EU through its post-COVID19 recovery. The Commission today proposed a plan for a significantly beefed-up MFF of €1.1 trillion, as well as an additional so-called Recovery Instrument worth €750 billion for a combined recovery effort of €1.85 trillion. Speaking to the European Parliament, President von der Leyen stressed to MEPs that...

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Member News

PepperHamilton: Best Practices for Supply Chain Management in the Age of COVID-19

May 27, 2020 | In recent years, many companies have “leaned out” their supply chains, negotiating enterprisewide arrangements with suppliers and service providers to reduce costs, turnaround time and on-hand inventory. While these changes have generated efficiencies and improved profit margins, they have also increased exposure to supply chain disruptions like the ones currently being caused by the spread of COVID-19 and the governmental responses to contain it. Examples of significant supply chain disruption are rampant in today’s news —...

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Member News

WRRGA: Guest View – Debt crisis will delay global recovery

May 26, 2020 | Previously published in Reuters - BreakingViews NEW YORK (Reuters) - The Covid-19 pandemic will spark hugely damaging debt defaults in developing countries, hampering rebuilding and recovery. Many emerging markets borrowed heavily both from official governmental lenders, as well as from international private sector investors, mostly in U.S. dollars. Now they are confronted by rising debt service costs at a time of rising economic difficulties and capital flight. We must start planning for this right away.  World Bank...

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Chapter News

EACCNY #COVID19 Impact Stories from Our Members – Consulate of Sweden NY

Together with our members we are creating a Video series of first-hand accounts of the Pandemic’s impact, both personally & professionally. We invite you to join us today for a first-hand look at the impact of the global shutdown following the Coronavirus (COVID-19) outbreak – Today we are featuring Annika Rembe, Consul General, Consulate General of Sweden a EACCNY member. The questions we asked our members for this series are: 1) What are some challenges you, personally and your organization have faced? 2)...

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