Chapter News, News

New round of U.S. tariffs a ‘modest’ hit for euro area: ECB Report

A new round of tariffs between the United States and its main partners would only cause a “modest decrease” in the pace of economic growth in the euro zone, according to research by the European Central Bank. The study simulated a two-way, 10 percent increase in tariff and other trade barriers between the world’s largest economy and all its partners. It showed an “overall modest decrease in activity” in the euro area due to fading global confidence outweighing a boost to...

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Chapter News, News, Trade & TTIP Related

 ECB Economic Bulletin- The economic implications of rising protectionism: a euro area and global perspective

Prepared by Vanessa Gunnella and Lucia Quaglietti Published as part of the ECB Economic Bulletin, Issue 3/2019. The risk of a trade war came sharply into focus in 2018, as protectionist threats by the US Administration and its trading partners were followed by concrete actions. Tensions rose over the summer and, while these have been defused on some fronts, the risk of further escalation remains material. The impact of the measures implemented so far on the global and euro area economic outlooks...

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Member News

E-2 Treaty Investor Visas Available to Israeli Nationals as of May 1, 2019

By Tara L Vance | Holland & Knight The U.S. Embassy in Israel has finally made the long-awaited announcement that the required treaty agreement has been signed pursuant to which nationals of Israel will be able to apply for an E-2 visa as of May 1, 2019. What Is an E-2 Visa? An E-2 visa is a nonimmigrant work visa that permits a national of a qualifying country, such as Israel beginning May 1, 2019, to come to the U.S. temporarily if...

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Member News

Update on Property Tax Issues: April 2019

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org).   USA New York: New York State’s 2 percent tax cap, first signed into law in 2011 and renewed periodically since then, is now permanent. Governor Andrew Cuomo included...

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Chapter News, News, Trade & TTIP Related

EU-U.S. Trade: Commission welcomes Council’s green light to start negotiations with the United States

The European Commission welcomes today's decision by the Council to adopt the negotiating directives for trade talks with the United States, thus continuing to deliver on the implementation of the Joint Statement agreed by Presidents Juncker and Trump in July 2018. European Union Member States gave the Commission the green light to start formal negotiations with the U.S. on two agreements, one on conformity assessment, and the other on eliminating tariffs on industrial products. This is just three months after...

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Member News

How to hire foreign employees in the US

US-based companies looking to hire a foreign person to work in the country must understand the difficult visa processes. While there are complexities around bringing foreign talent into the US, there still are many options for building your workforce with qualified employees, especially when looking to transfer current employees from other countries. Prior to hiring foreign workers in the US, companies have many things to consider such as cost and time commitment, documentation and procedures and types of visas. Cost and time While...

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Member News

Vulcan Insight Analysis of the latest EU Developments 15 – 19 April 2019

Key Events This Week Pelosi Backs the Good Friday Agreement Nancy Pelosi is the only woman to have served as speaker of the House, and is the highest-ranking elected woman in United States history. Speaking at the London School of Economics on Monday evening, Mrs Pelosi said the 1998 Good Friday Agreement was a model that could not be “bargained away in another agreement… if there were any weakening of the Good Friday accords, there would be no chance whatsoever, a...

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Member News

Replacement Cost vs. Market Value

One of the biggest questions consumers have regarding homeowner's insurance revolves around the amount of insurance to have on their home. Many assume the amount of dwelling coverage will be equal to the amount they paid for their house. That is not always the case.   There are different methods to determine the value of a house. Market value is the price paid for your house. Replacement cost is the price or cost it will take to rebuild your house in the same spot, same...

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Member News

Canadians to Face U.S. Liability under Helms-Burton as of May 2, 2019

By Darrel Pearson, Lincoln Caylor, Jessica Horwitz, Julie Wilson | Bennett Jones LLP In a reversal of long-standing U.S. policy, any person or entity with business operations or relationships in Cuba may soon face civil liability in the United States. On April 17, 2019, the Trump administration announced that it would not extend the suspension of the right to bring an action under Title III of the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996, better known as the Helms-Burton Act, beyond...

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Member News

Advisor to EU’s Highest Court Confirms Active Consent Needed for Cookies

By Jevan Neilan | Mason Hayes & Curran Under the EU ePrivacy Directive, an individual’s prior and informed consent is generally required to drop cookies on or read cookies from his or her device. The degree to which cookie walls, banners and popups comply with these requirements has been the subject of some debate. In March 2019, an independent advisor to the EU’s highest court, Advocate General Szpunar, issued an opinion regarding these notice and consent requirements in the case of Planet 49...

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