Chapter News, News

Germany: Staff Concluding Statement of the 2019 Article IV Mission

May 17, 2019 A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic...

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Chapter News, News

European Elections 2019 Campaign Tracker

To help keep track of the European election campaigns, the European Parliament Press service provides a daily newsfeed on country-specific electoral facts, events and debates in all member states.  Here is the update for 24 May: VOTING TODAY: Czechia and Ireland are going to the polls today, to elect 21 and 11 MEPs respectively. Tomorrow’s voters are Czechia for the second day, Latvia, Malta and Slovakia. EUROPE. Lead candidates have travelled the continent to vote. Violeta Tomić (EL) voted early on...

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Brexit News, Member News

Theresa May resigns: What does it mean for Brexit?

Latest developments Prime Minister Theresa May has announced that she will resign on 7 June. A contest will then resume between multiple candidates in the Conservative Party deciding who will replace her as leader of the Party and as the new Prime Minister. Though it remains to be decided and worked out, the contest is likely to be completed by the end of July at which point a new PM will take office. Theresa May will remain PM until...

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Brexit News, Member News

The Weekly Vulcan View | Analysis of Latest EU Developments May 20 – 24

Key Events This Week May announces resignation setting off leadership contest Theresa May ended months of speculation about her leadership this morning as she gave an emotional statement confirming she would resign as Leader of the Conservative Party on June 7th. She will remain as Prime Minister until a new successor is chosen by Conservative party members with the expectation that over a dozen candidates may enter the race. The Prime Minister’s fate was sealed this week after a bruising rejection from...

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Member News, Trade & TTIP Related

President Trump Delays Implementation of Section 232 Tariffs on Imports of Automobiles and Automobile Parts

President Donald Trump today announced that his administration would delay for six months any action on the determination of the Department of Commerce (Commerce) in the Section 232 national security investigation into imports of automobiles and automobile parts. This investigation under Section 232 of the Trade Expansion Act of 1962 was self-initiated by Commerce in June 2018 (see Trump and Trade Update of June 1, 2018) and, while a final report and determination was presented to the president on February...

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Member News

Global Climate City Challenge supports climate action projects around the world

At the International Conference on Climate Action – ICCA 2019 – in Heidelberg, Germany, the Global Covenant of Mayors for Climate and Energy and the European Investment Bank have announced the 20 shortlisted cities of the Global Climate City Challenge. Launched at the Global Climate Action Summit in San Francisco in September 2018, the Global Climate Cities Challenge aims to strengthen technical assistance and financing for climate action projects especially in cities in Africa, Asia and Latin America as well...

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Member News

Supreme Court Rules that Trademark License Rights Survive Rejection in Bankruptcy, Resolving Circuit Split

On May 20, 2019, the U.S. Supreme Court resolved a circuit split on the treatment of trademark licenses in bankruptcy. In an 8-1 decision, the Court held that a licensor's rejection of a trademark license in bankruptcy does not rescind the rights conveyed to the licensee. Rather, the licensee may continue to use the trademark if it wishes to do so, so long as it continues to comply with its own obligations under the license (such as payment of...

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Member News

Trump’s Latest Tariffs Threaten the American Toy Economy – Help Us Push Back!

By Steve Pasierb | President & CEO | The Toy Association As a community that brings joy and developmental benefits to kids through toys and play, your Association and fellow toymakers are banding together to let President Trump know that his administration’s proposed 25 percent tariffs on all finished toys from our partner factories in China would destroy many successful American businesses – not to mention ruin Christmas, birthdays, and other special occasions for kids. With the fourth list of proposed...

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Brexit News, Chapter News, News

Prime Minister Theresa May’s speech on new Brexit deal

Transcript of speech delivered 21 May 2019  I became Prime Minister almost three years ago – immediately after the British people voted to leave the European Union. My aim was – and is - to deliver Brexit and help our country move beyond the division of the referendum and into a better future. A country that works for everyone. Where everyone has the chance to get on in life and to go as far as their own talent and hard work can take...

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Chapter News, News

Circular Economy: Commission welcomes Council final adoption of new rules on single-use plastics to reduce marine plastic litter

Brussels, 21 May 2019 The Council of the EU today adopted the ambitious measures proposed by the Commission to tackle marine litter coming from the 10 single-use plastic products most often found on European beaches, as well as abandoned fishing gear and oxo-degradable plastics. The rules on Single-Use Plastics items and fishing gear envisage different measures to apply to different product and place the EU at the forefront of the global fight against marine litter. Where alternatives are easily available and...

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