Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | Economic Shocks & Commercial Real Estate: Historical Context & Outlook for CMBS Issuance & Loan Spreads

By Thomas Taylor and David Wegman, Trepp On April 2, 2025, President Trump launched the opening moves in what has become the most encompassing trade war seen in the modern era. Since then, securities markets have reacted to breaking news on this topic with extreme swings. Taken individually or collectively, how will the economic shocks from the developing trade war impact commercial real estate (CRE) and market participants? Market Shocks & CRE One of the most immediate effects of policy uncertainty on capital...

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Chapter News

ECB | How enduring high energy prices could affect jobs

By Gert Bijnens, John Hutchinson and Arthur Saint Guilhem | Lasting high energy prices are putting pressure on industries all across Europe. This is hitting some regions, such as southern Germany, the Ruhr and northern Italy, harder than others. The ECB Blog examines the implications for employment. High energy costs threaten the competitiveness of European firms and weigh on employment. Based on firm-level data, we estimate that a permanent rise of 10% in electricity prices could reduce employment in energy-intensive...

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EIB | Europe’s burgeoning aerospace and defence companies to get stock- listings support under EIB accord with Euronext

EIB teams up with bourse Euronext to help European aerospace and defence entrepreneurs raise finance publicly EIB Advisory accord covers Euronext stock-listings programme planned for later this year    Deal to empower next generation of European innovators The European Investment Bank (EIB) is joining forces with bourse Euronext to bolster small and Mid-Cap companies in Europe’s aerospace and defence industries.  Under an advisory agreement, the EIB will support Euronext in setting up a programme to ensure scale-up companies in...

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Member News

NAL Research Announces New Products Utilizing Iridium’s Enhanced SBD® Service for Government and Military Users

NAL’s SHOUT product line will integrate Iridium’s Enhanced Short Burst Data (ESBD) satellite service to enhance communications security and performance. MANASSAS, Va., May 5, 2025 — NAL Research, an industry leader in delivering trusted and resilient wireless and APNT solutions, is announcing the integration of Enhanced Short Burst Data (ESBD), leveraging the next generation version of Iridium’s Short Burst Data® (SBD®) service, into its industry-defining SHOUT trackers. The incorporation of this advanced two-way data transmission solution will bolster secure communications for U.S. Department of Defense, federal,...

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Member News

Ogletree Deakins | Beltway Buzz: 100 Days of the Trump Administration 2.0

April 29, 2025, marked the one hundredth day of President Trump’s second term of office. Set forth below are the key labor and employment policy changes that have occurred thus far. Diversity, Equity, and Inclusion Through various executive orders, the Trump administration has upended the diversity, equity, and inclusion (DEI) landscape, both within the federal government and for private-sector employers. These directives are still subject to multiple legal challenges and expected further action from U.S. Attorney General Pam Bondi. As noted in further detail...

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Chapter News

European Commission | Closing speech by President von der Leyen at the ‘Choose Europe for Science’ event at La Sorbonne

“Check against delivery” Monsieur le Président, cher Emmanuel, Honourable Dean, Esteemed Professors, Ladies and Gentlemen, It is an honour to be here in the Sorbonne – surrounded by some of the brightest minds in the world. Dear Emmanuel, you once said that before being a university, the Sorbonne was an idea. An idea of scientific excellence, collaboration and – if I may add – of opportunity. And no story encapsulates this better than that of Maria Salomea Skłodowska-Curie, also known a Marie Curie. In...

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Chapter News

ECB partners with private sector through digital euro innovation platform

ECB establishes an innovation platform with around 70 market participants on new platform Participants to test digital euro payment functionalities and explore innovative use cases Findings to be shared in report later this year The European Central Bank (ECB) has established an innovation platform to collaborate with European stakeholders in the context of the digital euro project. almost 70 market participants – including merchants, fintech companies, start-ups, banks and other payment service providers – have signed up to work with the ECB...

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Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – Tariffs and US ports, the drop in diesel prices, the outlook for air cargo, hurting healthcare supply chains, and the importance of an Importer of Record (IOR).

U.S. container imports from China have dropped sharply due to steep tariffs, especially the 145% China-specific rate. Ports like Los Angeles and Long Beach, which heavily rely on Chinese goods, face major volume losses. China’s share in imports such as electronics, plastics, toys, and furniture is high, and no other sourcing countries can match the lost volume. Analysts are warning the decline will hurt local jobs and port economies. Despite signals that large retailers may resume some sourcing from China, policy...

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PwC | Our Take Special Edition: PwC’s Financial Services Update

The first 100 days of the second Trump Administration In its first 100 days, the second Trump Administration has made substantial strides in reshaping financial regulation around a deregulatory, pro-innovation agenda. While the deregulatory posture is familiar from the Administration’s first term, the current approach reflects a more systematic and coordinated strategy, supported by aligned leadership across the regulatory agencies, a unified Congress and a judiciary increasingly skeptical of agency discretion. Each of these institutions has played a role in...

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Member News, Trade & TTIP Related

Transatlantic Trade Monitor: Facts You Need Now | Tariff Pause & Market Ripples: How Commercial Real Estate is Navigating Trade Uncertainty

By Rachel Szymanski, Chief Economist, Trepp Significant back-and-forth on tariffs has led to unprecedented trade policy uncertainty and large swings in asset prices. While there is now a 90-day pause on some tariffs, others remain in place. This reprieve offers some relief, but the uncertainty itself has substantial effects on behavior, where market participants may delay economic decisions and take risk mitigation measures. This blog outlines the ripple effects of uncertainty throughout the economy and the implications for commercial real estate...

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