30 Jan
Brexit News, Chapter News, News

Speeches by President Juncker and Chief Negotiator Barnier at the Plenary session of the European Parliament on the occasion of the debate on the United Kingdom’s withdrawal from the EU

Brussels, 30 January 2019 Speech by President Jean-Claude Juncker Mr. President, Honourable Members, In less than 60 days, the United Kingdom is due to leave the European Union. This is a bad decision, as I find. Even as the Commission has defended the interests of the European Union, this spirit of respect and friendship has accompanied us at every step in these negotiations. The Withdrawal Agreement and Political Declaration agreed by all 27 Leaders and the United Kingdom government is the result of that....

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30 Jan
Brexit News, Member News

WEBCAST| Brexit update, 30 Jan: How should business interpret yesterday’s vote in UK Parliament?

By Mats Persson, EU UK& Brexit Lead & Specialist Advisor to the UK Prime Minister 2015-2016 Webcast today We will host an update webcast discussing yesterday’s developments including whether the EU will allow for any renegotiating of the Withdrawal Agreement, with Jan Grauls, a former senior Belgian Diplomat and Mats Persson, former Special Advisor to the UK Prime Minister. Register now. Wednesday 30 January, 14:00-14:30 then available on-demand using same link.   Latest developments: The UK Parliament last night voted on a series of amendments...

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30 Jan
Member News

Don’t Let These 10 Legal Myths Stop Your Doing Business In The U.S.: Myth #8 – The possibility of many employee lawsuits scares us

By Marc S. Friedman | Director of Professional Relations| Global Commerce Education In the most recent article in this series, I explained how many non-US companies, including Baltic businesses, refrain from doing business in the US because of  Myths #6 and 7 - The US is very litigious and that is too threatening to a small company like ours. As a result, the risk of liability and lawsuits relating to our products and/or services is too great. In this installment, I...

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30 Jan
Chapter News, News, Trade & TTIP Related

EU-U.S. trade talks: European Commission publishes progress report

Brussels, 30 January 2019 The European Commission has today published a report on the implementation of the 25 July 2018 Joint Statement agreed by Presidents Juncker and Trump. In line with the Commission's commitment to transparency, the report provides a detailed overview on the state of play of the talks so far. The document was sent today to the European Parliament and Member States. The Joint Statement launched a new phase in EU-U.S. trade relations, preventing an escalation in trade tensions and setting out...

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29 Jan
Brexit News, Chapter News, News

UK parliament rejects move to delay Brexit

By Charlie Cooper, Politico 1/29/2019 LONDON — MPs opted not to back an attempt by backbenchers to remove the threat of a no-deal Brexit on March 29 in a key vote in the U.K.'s House of Commons. A proposal put down by Labour MP Yvette Cooper that aims to force the government to delay Brexit day was backed by 298 MPs with 321 voting against — a deficit of 23. The amendment, which was opposed by the government, would have carved out...

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29 Jan
Member News

The Italian Budget Law 2019

On December 29, 2018, the Italian Parliament enacted the Budget Law 2019 (Law n. 145 of 2018) (the “Law”). This article illustrates the most significant tax measures of the Law that may be of interest to U.S. multinationals or investors with operations in Italy. 1. Corporate income tax at 15% Starting from the 2019 fiscal year (the “FY 2019”), companies that meet certain requisites will benefit from a reduction of the standard 24% corporate tax income (the so-called “IRES”) by nine...

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29 Jan
Member News, News

EU bank steps up efforts to fight climate change and foster innovation

More than EUR 64 billion from EIB Group supported investment of EUR 230 billion in Europe and worldwide in 2018. Record business volume of more than EUR 10 billion at EIF to support start-ups and SMEs. EIB President Hoyer: “The EU bank shows the value created by working together as a Union.” In the year of its 60th anniversary, the EU bank supported EUR 230 billion of investment, meeting its Juncker Plan targets ahead of schedule and successfully navigating a politically difficult...

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28 Jan
Brexit News, Chapter News, News

Public Hearing on Negotiating Objectives for U.S.-UK Trade Agreement

The Office of the U.S. Trade Representative (USTR) will hold a public hearing from 9:30 AM – 4:00 PM EST on January 29, 2019 regarding a proposed United States-United Kingdom Trade Agreement, including U.S. interests and priorities in order to develop U.S. negotiating positions. The hearing will take place in the USTR Annex Building, Rooms 1 and 2, 1724 F Street NW, Washington, DC 20006. The hearing is a part of the public notice and comment process following USTR’s notification to...

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28 Jan
Member News

The Government Shutdown and Its Effects on the FDA

By Ethan Jorgensen-Earp| Sara M Klock |Michael J Werner|    On January 25, President Trump announced that the White House and congressional leaders in the House and Senate have reached an agreement to fund the government on a short-term continuing resolution (CR) through Feb. 15 to end the 35-day government shutdown.   The CR would fund all currently unfunded departments, including the operations of the Food and Drug Administration (FDA), at slightly less than FY 2018 levels, and would provide a vehicle to move...

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28 Jan
Member News

Tradewind Funds Leading Tubing Manufacturer Based in Spain

Tradewind has announced that it has provided a $500,000 non-recourse export factoring facility to a leading designer, manufacturer, and exporter of technical tubes and hoses based in Spain. The company, whose products are used in the industrial, agricultural, construction, and gardening sectors, sells domestically and exports to countries throughout Europe. It will apply proceeds from the facility to fund the working capital needs of its tubing business so it can maximize growth abroad. Although the company was equipped with the...

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