30 Sep
Chapter News

IMF Executive Board Selects Kristalina Georgieva as Managing Director

The Executive Board of the International Monetary Fund (IMF) today selected Kristalina Georgieva to serve as IMF Managing Director and Chair of the Executive Board for a five-year term starting on October 1, 2019. Ms. Georgieva, who succeeds Christine Lagarde, is the first person from an emerging market economy to lead the IMF since its inception in 1944. The selection of Ms. Georgieva by the 24-member Executive Board representing the IMF’s 189 member countries brings to a conclusion the selection...

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30 Sep
Chapter News

Committed to Accelerated Climate Action

Climate change is a defining challenge of our generation and the European Union (EU)  has been at the forefront of negotiating a multilateral framework to respond to this global challenge. In 2015, the EU diplomacy played a leading role in brokering the historic and global Paris Climate Agreement. 195 countries agreed on a simple goal: to hand over to future generations a healthier planet and more prosperous, modern and fair societies. The EU has acted domestically with speed and decisiveness to...

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30 Sep
Brexit News, Chapter News

The Halligan Lecture of the Irish Institute for International and European Affairs in Brussels, by John Bruton

By John Bruton, former Taoiseach, former EU Ambassador and former vice President of the EPP, delivering the Halligan lecture of the Irish Institute for International and European Affairs in Brussels  at 18.30pm on 30 September ;   BRENDAN HALLIGAN I would like to start by saying a few words about the man in whose honour tonight’s lecture is being held, Brendan Halligan .  Brendan is the founder of the Institute.  He could see, back in 1980, when he and a few friends came together...

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30 Sep
Member News

DOL Issues Final Regulations for Salary Cutoff Amount for Overtime Exemption

By Steve T. Ball | Holland & Knight The U.S. Department of Labor (DOL) on Sept. 24, 2019, issued its final overtime rule as it relates to the salary amount that employees must be paid in order to meet the salary basis requirements for exemption from overtime pay. (See Holland & Knight's previous alert, "Be Prepared for New Federal Overtime Rule Regarding Salary," Sept. 12, 2019.) Through the end of 2019, most white-collar exempt employees must be paid at least $455 per...

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30 Sep
Brexit News, Chapter News

Brexit And The Belfast Agreement

Compliments of John Bruton, former Taoiseach, former EU Ambassador and former vice President of the EPP Brexit is about divergence between the two parts of Ireland, between Ireland and Britain, and between Britain and Europe.  The debate about Brexit has also contributed to increased policy divergence between the representatives of the two traditional communities in Northern Ireland. It has deepened the divide. Thankfully, the Alliance Party and its Leader, Naomi Long MEP, are providing a voice for those who want a...

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27 Sep
Member News

Vulcan Insight | Analysis of the latest EU Developments 20-27 September 2019

Key Events This Week Supreme Court rules on Boris Johnson’s suspension of Parliament The Supreme Court has unanimously ruled that Boris Johnson’s prorogation of parliament was unlawful. The court ruled that the decision itself to prorogue parliament was unlawful as it had “the effect of frustrating or preventing the ability of parliament to carry out its constitutional functions without reasonable justification.” Notably, the court also asserted that the decision by the Privy Council to ask the Queen to suspend parliament was...

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26 Sep
Chapter News, News

EU-UN Spotlight Initiative: at the forefront of ending violence against women and girls

Today in the margins of the United Nations General Assembly in New York, the European Union and the United Nations are hosting a high level event on the EU-UN Spotlight Initiative – inviting all countries, leaders, civil society representatives and local ambassadors to join the movement and take action to end violence against women and girls. Ahead of the event, High Representative/Vice-President Federica Mogherini said: "Violence against women is violence against the entire society – so the entire society must...

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26 Sep
Chapter News, News

Human Traffickers’ ring busted in France and Bulgaria

An international criminal network involved in the trafficking of 167 people for labour exploitation was taken down by the national authorities of France and Bulgaria in several joint action days. One French and three Bulgarian suspects were arrested and heard in France, and numerous searches were carried out in Bulgaria. Eurojust, the EU’s Judicial Cooperation Unit, supported the simultaneous operations through real-time coordination of the national judicial and law enforcement authorities, and by setting up a joint investigation team...

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26 Sep
Member News

Attention Old(er) People… Change or Die

By Joanna Massey, President & CEO, JDMA Inc. With millennials expected to comprise at least half of the workforce by 2020, and Gen Z becoming an ever-larger percentage of employees every year, the key to ensuring inter-generational corporate harmony is education. Senior executives, who mostly comprise the Silent Generation, Baby Boomers and Gen X, must firmly grasp that there are now more of them than there are of us. So, it will not work for a successful business today—much less in...

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25 Sep
Member News

European General Court on Starbucks and Fiat: confirms EU State aid control on tax rulings but places heavy burden of proof on the Commission

By Greetje van Heezik, Paulus Merks, Lorenzo Fiorilli, Rezan Ökten | Houthoff  On 24 September, the General Court of the European Union (General Court) issued two landmark judgments following appeals against the decisions of the European Commission (Commission) in the Fiat and Starbucks cases. In these cases, the Commission had found that Luxembourg and the Netherlands had granted unlawful State aid to Fiat and Starbucks respectively, through a number of tax rulings that artificially reduced the amount both multinational groups...

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