09 Oct
Chapter News

European Commission | Faster and safer instant euro payments become a reality

From today, sending money across the euro area will be faster and safer than ever. Thanks to new EU rules on instant payments, people and businesses can now transfer money in euro within seconds, anytime – day or night, weekdays or weekends – whether within their own country or across the euro area. Since January 2025, payment service providers (PSPs) in the euro area are obliged to offer their clients the possibility to receive euro instant payments. As of today, PSPs are also obliged...

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09 Oct
Chapter News, TRIA News

World Bank | Global Gateway Forum: the European Commission and World Bank Group Deepen Partnership for Infrastructure and Jobs

BRUSSELS, October 8, 2025 - The European Commission, in line with its Global Gateway investment strategy, and the World Bank Group are deepening their strategic partnership to drive a new generation of connectivity projects. An initial pipeline of projects includes 18 high-impact investments in three strategic sectors (energy, transport, and digital infrastructure) across Africa, Asia and the Pacific, and Latin America and the Caribbean. The collaboration, which will include regular high-level engagement and progress updates, is designed to ensure that projects...

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09 Oct
Chapter News, New York Related News

New York State Governor | Governor Hochul Slams Nearly Half a Billion Dollars in Federal Funding Cuts Targeting Dozens of New York Businesses and Clean Energy Programs

Funding Cuts Puts More Than 1,000 Jobs At Risk, State To Take Total Economic Hit of $650 Million Governor Calls On Washington Republicans To Restore Funding and Stop Playing Politics With New York Jobs and Businesses Governor Kathy Hochul today highlighted a list of federal funding cuts, released by Congress, that outlines grants terminated by the Trump administration through the Department of Energy. Last week, the White House announced that it was going to abruptly terminate nearly $500 million in clean energy...

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09 Oct
Chapter News, TRIA News

DFC | Statement from Acting CEO Mr. Dev Jagadesan on Confirmation of DFC CEO Mr. Ben Black

WASHINGTON, D.C. — This week, the United States Senate confirmed Mr. Ben Black as the new Chief Executive Officer (CEO) of the U.S. International Development Finance Corporation (DFC). We are pleased to welcome Mr. Black as the next CEO of DFC. His confirmation comes at a pivotal moment as we continue to advance our dual mandate of fostering strategic and economic development investments and serve as a force multiplier for the Trump Administration's foreign policy, economic prosperity, and national security agenda. Mr....

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08 Oct
News, TRIA News

New Statistics from GEMs Consortium Show Risk of Investing in Emerging Markets Is Lower than Commonly Perceived

Luxembourg, 7 October 2025—New default and recovery statistics released today by the Global Emerging Markets Risk Database (GEMs) Consortium shed light on investment risks in emerging markets and developing economies (EMDEs) and provide new views on potential opportunities for investment and diversification through increased transparency.   EMDEs face challenges financing their development needs, including a potential cumulative shortfall of more than $10 trillion by 2050, according to the Organisation for Economic Co-operation and Development (OECD). The GEMs statistics, released in three...

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08 Oct
Member News

CLA (CliftonLarsonAllen) | 4 Strategies for Building Long-Term Business Value

Key insights • You’re focused on growing your business — increasing revenue, expanding your team, and serving more customers. But growth alone doesn’t guarantee future success. Enhancing business value is essential. • Profitability is a strategic decision driven by effective leadership, operational excellence, and the ability to maintain steady cash flow, all of which enhance business value. • If you’re not intentionally building business value, you could be leaving opportunity on the table when it comes time to sell, transition, or scale. •...

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08 Oct
Chapter News

European Commission | Keeping European industry and science at the forefront of AI

Artificial Intelligence (AI) is transforming how businesses operate, reshaping public services, and revolutionising science. AI has the potential to improve our lives in many ways. As the global race to harness its potential heats up, the European Commission has put forward two strategies that will help Europe stay ahead in AI industry and science respectively.  The Apply AI Strategy sets out how to speed up the use of AI in key industries and the public sector. It will be used to help the EU...

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08 Oct
Chapter News

NY Fed | Short-Term Inflation Expectations Continue to Tick Up; Labor Market Expectations Deteriorate

NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the September 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations increased at the short- and longer-term horizons and were unchanged at the medium-term horizon. Despite a small rebound in the expected job finding rate, labor market expectations continued to deteriorate with consumers reporting lower expected earnings growth, greater likelihoods of losing jobs, and a higher likelihood of a rise in overall unemployment. The...

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07 Oct
Member News

Panitch Schwarze | Challenging a Granted U.S. Patent

By: Dennis J. Butler A granted U.S. patent can be challenged through various administrative procedures under U.S. patent law at the U.S. Patent and Trademark Office (“USPTO”), which are designed to provide a faster, cheaper alternative to challenging the patent in a federal court litigation. The most common administrative procedures include ex parte reexamination, inter partes review and post grant review. 1. Ex Parte Reexamination Ex parte reexamination allows a third party or the patent owner themselves to request that the USPTO reexamine a granted U.S. patent. Ex parte reexamination is...

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07 Oct
Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | Going Against the Grain: New 10–50% Tariffs on Imported Timber and Lumber

By Luis F. Arandia Jr., Adetayo Osuntogun, and Michelle Rosario, Barnes & Thornburg LLP On Sept. 29, 2025, the White House issued a presidential proclamation imposing tariffs of 10 to 50 percent ad valorem on timber, lumber, and derivative wood products imported into the United States. These tariffs were imposed under Section 232. Citing national security concerns, the proclamation follows a U.S. Department of Commerce investigation which concluded that rising imports threaten the U.S. wood industry’s ability to support critical infrastructure and...

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