15 Jan
Chapter News

Parliament Supports European Green Deal and Pushes for Even Higher Ambitions

MEPs support the European Green Deal, but highlight challenges, including ensuring a just and inclusive transition and the need for high interim targets. Parliament adopted on Wednesday its position on the European Green Deal, unveiled by Commission President von der Leyen in a plenary debate in December. MEPs welcome the European Green Deal and support an ambitious sustainable investment plan to help close the investment gap. They also call for an adequately funded just transition mechanism. Speed up reduction of greenhouse-gas emissions Parliament...

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14 Jan
Chapter News

Visit of EU Trade Commissioner Phil Hogan

EU Trade Commissioner Phil Hogan is in Washington, DC (January 13-16) for meetings with the U.S. Administration, Congress, the IMF, and business leaders. This will include meetings with the United States Trade Representative, Robert Lighthizer, the Secretary of Treasury, Steve Mnuchin, and Secretary of Commerce, Wilbur Ross. This is the first trip that Commissioner Hogan is taking outside the European Union in his capacity of Commissioner in charge of trade.  On Tuesday 14, Commissioner Hogan participated in a Trilateral Meeting with Hiroshi...

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14 Jan
Chapter News

EU, U.S. and Japan Agree on New Ways to Strengthen Global Rules on Industrial Subsidies

In a Joint Statement issued today, representatives of the European Union, the United States and Japan announced their agreement to strengthen existing rules on industrial subsidies and condemned forced technology transfers practices. In a meeting held in Washington, D.C., the EU, the U.S. and Japan agreed that the current list of subsidies prohibited under the World Trade Organization's (WTO) rules is insufficient to tackle market and trade distorting subsidisation existing in certain jurisdictions. They concluded therefore that new types of unconditionally prohibited...

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14 Jan
Member News

Germany: More Living Space for Berlin – EIB Lends EUR 240 Million to Gewobag

The European Investment Bank (EIB) is providing the state-owned housing company Gewobag with a 240-million-euro loan, which is earmarked for the construction of 2,000 new residential units by 2023. The new buildings will predominantly meet “energy-efficient house” standards and therefore surpass the requirements of the applicable energy saving regulation (EnEV). The contract for financing the project between the European Investment Bank and Gewobag was already signed. This cooperation will secure further affordable housing for Berlin. “The low-interest loan from the EIB...

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13 Jan
Member News

Ogletree Deakins Names New Chief Operating Officer

Ogletree Deakins, one of the largest labor and employment law firms representing management, is pleased to announce that the firm has named Lisa Ellis-James as its Chief Operating Officer. Ellis-James, who will be based in Ogletree Deakins’ Greenville administrative office, joins the firm from The Boston Consulting Group, where she served as Senior Director, Global Operational Innovations, and was the Chief of Staff for the Global Operations Leadership Team. As Ogletree Deakins’ Chief Operating Officer, Ellis-James will lead the firm’s...

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13 Jan
Chapter News

The European Commission Takes Action to Protect Europe’s Interests in International Trade

The European Commission unveiled a proposal that will allow the European Union to protect its trade interests despite the paralysis of the multilateral dispute settlement system in the World Trade Organization (WTO). To further increase the focus on compliance and enforcement of the EU's trade agreements, the Commission created the position of Chief Trade Enforcement Officer. President of the European Commission, Ursula von der Leyen, said: “A stronger Europe in the world implies efficient EU leadership on global trade and...

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13 Jan
Member News

Artificial Intelligence Software Controlled for Export, Including to Foreign National Employees

On January 6, 2020, the U.S. Commerce Department's Bureau of Industry and Security (BIS) released an interim final rule controlling the export of certain artificial intelligence software relating to geospatial imagery analysis (Geospatial AI software). The rule adds Geospatial AI software to the Export Administration Regulations' (EAR) Commerce Control List (CCL) and imposes a license requirement for the export, reexport (shipment from one foreign country to another foreign country), or transfer in-country (collectively "export") of the Geospatial AI software...

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13 Jan
Member News

Trepp Selected to Manage Commercial Mortgage Loan Insurance Index LifeComps™

Trepp, a leading provider of information analytics and technology to the structured finance, commercial real estate, and banking markets announced today that it has been selected to be the exclusive manager and administrator of the life insurance commercial mortgage whole loan index known as LifeComps™. LifeComps provides a quantifiable investment performance index and serves as a benchmark for privately held commercial real estate mortgages. Going forward, Trepp will generate the LifeComps Index, all underlying reports, and analytics for each of...

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10 Jan
Member News

Vulcan Insight: Analysis of the Latest EU Developments

Key Events This Week   Brexit: Phase 2 begins  On Wednesday, European Commission President Ursula von der Leyen took a trip to London to meet with Boris Johnson, their first face-to-face encounter as the new leaders of their respective blocs. In a speech to the London School of Economics, von der Leyen said the EU would “go as far as we can” on a deal of “unprecedented scale”. Keep reading Digital tax dispute rumbles on France and the United States have agreed to “double their...

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