12 Jul
Chapter News

G20 Leaders´ Declaration: Shaping an interconnected world

Preamble We, the Leaders of the G20, met in Hamburg, Germany on 7-8 July 2017 to address major global economic challenges and to contribute to prosperity and well-being. Mastering the challenges of our age and shaping an interconnected world is the common goal of the G20 as our premier forum for international economic cooperation. The G20 revealed its strength during the global economic and financial crisis some ten years ago when it played a crucial role in stabilising economies and...

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12 Jul
Brexit News, Chapter News

Brexit News: State of play of Article 50 negotiations with the United Kingdom

The United Kingdom triggered Article 50 on 29 March 2017. What has happened since then on the EU side? On 29 March 2017, the United Kingdom notified the European Council of its intention to leave the European Union, in accordance with Article 50 of the Treaty on European Union On 29 April 2017, the European Council at EU27 adopted a set of political guidelines, which define the framework for the negotiations and set out the EU's overall positions and principles. On...

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11 Jul
Member News

Overhaul of H-1B Visa Program Expected in Response to “Buy American and Hire American” Order

The White House has been working with the Department of Justice to formulate changes to the H-1B visa program pursuant to the administration’s “Buy American and Hire American” executive order. The H-1B visa program is a temporary work visa for professional positions. Apart from the required involvement of the Department of Homeland Security, some of the proposed changes to the program could be implemented by administrative actions, while others would require new legislation to be passed. Proposed Changes That Would Require...

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10 Jul
Chapter News

President Juncker at the G20 Summit in Hamburg

President of the European Commission Jean-Claude Juncker and President of the European Council Donald Tusk represented the European Union at this year's G20 summit on 7-8 July. The Summit was hosted by Germany, which holds the rotating G20 presidency for 2017. Countering terrorism remains a major priority for the G20. In a clear sign of solidarity, G20 leaders signed a statement on countering terrorism - a tangible sign of their will to stand united in implementing international commitments, fighting terrorism...

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10 Jul
Member News

Daniel Erikson Named Managing Director at Blue Star Strategies, LLC

Former White House Special Advisor will lead Latin America practice. July 10, 2017, Washington, DC  – Daniel P. Erikson was named Managing Director at Blue Star Strategies, LLC, where he will lead the firm's Latin America practice representing U.S. corporations across Latin America and the Caribbean and Latin American businesses with interests in the United States. Erikson has had an outstanding career as a diplomat in the U.S. State Department and the White House, where he served as special advisor for...

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10 Jul
Member News

MEPs Pass Law to Tackle Multinational Tax Avoidance

Parliamentarians in Strasbourg have this week voted to introduce new rules that would enforce multinational companies operating in the EU to publish details of their profits on a country-by-country basis. The legislation is part of an overall campaign to reform broader tax regulation in an effort to cut down on multinational tax avoidance.   Similar laws already exist for the banking sector, but MEPs extended the rules to cover all multinationals that operate in Europe. This will result in companies...

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10 Jul
Chapter News

The G20’s Post-Hamburg Path

The G20's meeting in Hamburg Germany has set forth a path for mutual responsibility and cooperation in a globalised and inter-connected world. The leaders have released a plan, along with concrete steps forward: Preamble: We, the Leaders of the G20, met in Hamburg, Germany on 7-8 July 2017 to address major global economic challenges and to contribute to prosperity and well-being. Mastering the challenges of our age and shaping an interconnected world is the common goal of the G20 as...

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07 Jul
Member News

Brussels Seeks Stronger “Interim Measures” Competition Powers

Following on from the European Commission’s €2.4bn fine against Google last week, the trade commissioner Margrethe Vestager has called for tougher powers to be granted to her competition department in order to intervene earlier in antirust problems. These so called interim measures would avoid long delays previously experienced in EU investigations by allowing the commission to order companies to cease suspected anti-competitive behaviour even before there is a formal finding of wrongdoing.   Speaking to the media, Ms. Vestager spoke of...

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06 Jul
Member News

New York Grant Company: NYC Incentives Renewed

NYC's REAP, ECSP, LMEP, CRP, CEP, CRT, and other Programs Renewed for 3 years!  Right Now is a Great Time to Plan for the Rest of 2017 and Beyond.     About NYGC: For 15 years, NYGC has succeeded in obtaining more than $800 million for 5,000+ clients in government grants, tax credits, energy discounts, rebates and alternative financing. Our award-winning incentive experts seek and secure local, county, state and federal programs to maximize these awards for years to come. Industries Served: Back...

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06 Jul
Chapter News

EU Investment Plan on Track to Tackle Root Causes of Migration

• €3.3 billion of EU funds to reel in €44 billion in private investment • Reduce poverty by investing in jobs, SMEs, climate change measures • Strict rules on labour and human rights and on tax transparency The EU scheme aiming to mobilise €44 billion in private sector investment in Africa and the EU neighbourhood was backed by MEPs on Thursday. As part of the European External Investment Plan, the new European Fund for Sustainable Development (EFSD) wants to encourage €44 billion in private investments in fragile states...

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