03 Aug
Member News

STEM OPT 7-Month Extension Application Deadline Coming Up on Monday, August 8

On March 11, 2016, U.S. Department of Homeland Security (DHS) published a final rule pertaining to optional practical training (OPT) for certain students with degrees in science, technology, engineering, or mathematics (STEM). This rule permits employers to retain, for a longer period, the talents of individuals currently dependent on an F-1 nonimmigrant student visa. As a transitional measure, U.S. Citizenship and Immigration Services (USCIS) has provided certain students currently holding 17-month employment authorization documents (EADs) under the STEM OPT...

Read more

02 Aug
Chapter News

President Juncker consults the European Parliament on Sir Julian King as Commissioner for the Security Union

Today, President Juncker announced his intention to allocate the Security Union portfolio to Sir Julian King, the candidate for Commissioner from the United Kingdom On 11 July, President Juncker interviewed Sir Julian King as the candidate for Commissioner from the United Kingdom to replace former Commissioner Lord Hill. On this basis, President Juncker has today announced his intention to allocate the Security Union portfolio to Sir Julian King. The Commissioner for the Security Union will support the implementation of the European...

Read more

02 Aug
Member News

NLRB Requires Specificity in Management-Rights Clauses

When drafting a collective bargaining agreement, employers often insist on a management-rights clause.  That clause reserves to the employer the right to take unilateral action, with respect to certain terms and conditions of employment without an obligation to bargain with the union about that action.  In negotiating such clauses, employers try to find the right balance between specifically delineating the rights being retained, while keeping the language sufficiently broad to cover other (perhaps unanticipated) circumstances in which the employer...

Read more

01 Aug
Chapter News

2016 External Sector Report : New External Assessments Show Larger Imbalances in 2015

External imbalances widened again in 2015 after narrowing in the aftermath of the global financial crisis. Countries should take measures that reduce excess imbalances without compromising global demand, according to a new IMF analysis. The 2016 External Sector Report (ESR), the fifth annual exercise of its type, analyzes recent developments and provides updated staff assessments of countries’ external positions, including current account balances, real exchange rates, external balance sheets, capital flows, and international reserves. The ESR, which covers 29 of the...

Read more

01 Aug
Chapter News

Spring 2016 Standard Eurobarometer: Strong public support for Commission’s political priorities

Europeans see immigration and terrorism as the major challenges facing the EU at the moment, and they support the political priorities of the European Commission. Europeans see immigration and terrorism as the major challenges facing the EU at the moment, and they support the political priorities of the European Commission. These are two key results of the latest Standard Eurobarometer survey published today. The survey was carried out between 21 and 31 May 2016 in 34 countries and territories. Immigration and...

Read more

01 Aug
Member News

August FX outlook – more UK monetary policy focus

Major FX markets in July were comparatively range-bound following the sharp late June moves after the UK Brexit decision. The narrow range in EUR/USD seems unlikely to be sustained through August, with expectations of Fed action in September likely to come to the fore by the end of the month Main market movements in July Majors largely traded within June’s range, but GBP/USD made new lows below 1.28 before recovering back above 1.30 helped by the formation of the new Conservative...

Read more

01 Aug
Member News

Regional Buffalo Retail Center Up for Sale

According to news station WKBW Buffalo, the 762,412 square-foot shopping center located at 1285 Niagara Falls Boulevard in Amherst, New York is being marketed for sale. The property currently backs the $92.9 million Boulevard Mall loan which matures in February 2017. The loan makes up 2.43% of the remaining collateral behind GCCFC 2007-GG9. Built in 1962, Boulevard Mall is being sold by Cleveland-based Forest City Realty Trust Inc. as part of a new company strategy focused on paying down existing...

Read more

01 Aug
Chapter News

EIB supports projects promoted by SMEs in agriculture with EUR 15 million loan – the first EIB transaction under EFSI in Romania

The European Investment Bank (EIB) is lending EUR 15 million to Agricover Credit IFN in order to finance smaller projects implemented by SMEs in the agricultural sector. This is the first EIB transaction in Romania benefitting from the support of the EU budget guarantee under the European Fund for Strategic Investments (EFSI), the financing component of the Investment Plan for Europe (IPE). EIB Vice-President Cristian Popa stated: “This is the first operation for Romania approved under the EFSI component of...

Read more

29 Jul
Chapter News, Trade & TTIP Related

Ten Arguments for TTIP and the Concerns to Address

The United States and the European Union (EU) share the largest trade and investment relationship in the world, with more than $5.5 trillion in commerce every year and up to fifteen million jobs generated on both sides of the Atlantic. Currently under negotiations, the Transatlantic Trade and Investment Partnership (TTIP) will bolster this key partnership, increasing efficiency, spurring job creation, and generating opportunities for innovation and small and medium enterprises. At a time of slow recovery from the 2009...

Read more

29 Jul
Chapter News

Investment Plan for Europe: €62 million for wind and solar farms across the EU

The European Investment Bank (EIB) has signed an agreement with Sustainable Sàrl, a subsidiary of SUSU Partners AG, committing up to €62 million into the SUSI Renewable Energy Fund II. The agreement is guaranteed under the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. The signing underlines Europe’s strategy to invest in environmental sustainability and a sustainable, competitive, and secure energy supply. The portfolio of SUSI’s second renewable energy fund currently comprises already 13...

Read more

«‹776777778779780›»