Member News

BOS Container USA Helps Washington State Mini Storage Business Grow

Pak Rat Mini Storage owner B.F. "Dutch" van Rijn was running out of units to rent at his North Bonneville, Washington, facility. He bought an adjacent parcel of land and was considering building more permanent units. Dutch analyzed his options, however, and decided to purchase BOS Quick Build containers from BOS Container USA, award-winning producer of portable steel storage containers. “I was impressed by the quality of the units,” says Dutch, who had done his due diligence by travelling to...

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Chapter News

Commission welcomes EU Council’s backing for a new regulatory framework of Money Market Funds

The European Commission welcomes the agreement on the reform of Money Market Funds (MMFs) that was reached today at the Permanent Representatives Committee (COREPER) of the Council. The agreement marks a further step in the completion of the post-crisis reform agenda and paves the way for trilogues with the European Parliament. The Commission adopted its proposal for a regulatory framework of MMFs in September 2013 in order to address their potential impact on the financial system. MMFs are a key part...

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Chapter News

Speech by Energy Union Vice-President Maroš Šefčovič at the Employment and Social Affairs Committee of the European Parliament

Brussels, 15 June 2016 Mr Chairman, Honourable Members, Ladies and Gentlemen, Thank you for the invitation and putting the social and economic dimension of the Energy Union on your agenda. President Juncker and this Commission made the deliberate choice to organise the Energy Union project around a project team. The reason for this is that a true Energy Union requires more than the coordination of energy policies. We are witnessing the beginning of a true energy transition because of our climate goals and...

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Member News

BBGFX Update: Our Thoughts on a “Brexit”

As we approach the U.K.'s EU referendum on June 23, Bannockburn Global Forex, LLC has put together their thoughts on potential outcomes for a remain or leave vote below.  At the time of this writing the spot rate for the Gbp/Usd is 1.4250 and Eur/Gbp .7935. As evidenced with the June 13 Gbp/Usd trading range of 1.4116 – 1.4321 (being a 1.5% range), we expect the daily volatility for any Gbp related currency pair to remain elevated as we approach June 23....

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Member News

IIE Receives Innovation in Philanthropy Award from Go Abroad Foundation

Institute of International Education receives national recognition for emergency support for students and scholars. The Institute of International Education received the GoAbroad Foundation's Innovation in Philanthropy award for the IIE Emergency Student Fund and Scholar Rescue Fund during the NAFSA Annual Conference in Denver, Colorado. IIE most recently awarded 91 emergency grants to Syrian and Yemeni students on U.S. college and university campuses facing urgent financial need due to on-going crises in their home countries, and since its inception in...

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Member News

Reforms to the Foreign Investment in Real Property Tax Act and REIT Taxation

The reforms generally encourage foreign investment in U.S. real estate. The enacted Protecting Americans from Tax Hikes Act of 2015 (the Act) contains numerous reforms to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) and the taxation of real estate investment trusts (REITs). Highlights of these changes are discussed below. FIRPTA Reforms Foreign Pension Fund Exemption The Act exempts "qualified foreign pension funds" from FIRPTA taxation so long as such a fund is not already engaged in a business in...

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Member News

Essilor named No. 5 in Newsweek’s 2016 Green Rankings

Essilor announced today that it was ranked N(o). 5 in the 2016 Newsweek Green Rankings, created in partnership with Corporate Knights and HIP Investor. Since 2009, the Newsweek Green Rankings have been one of the world's foremost corporate environmental rankings which assess the overall environmental performance of the 500 largest publicly traded companies in the United States and the 500 largest publicly traded companies globally. With 61,000 employees in 63 countries, nearly 540 production sites on five continents and more...

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Chapter News

Key players from across the world come together for the 10th anniversary of European Development Days

The European Development Days is a two day event in Brussels on 15-16 June to generate new ideas, take action and shape the future with world leaders, young leaders and hundreds of speakers, civil society organisations and international organisations. Tomorrow the "European Development Days 2016'' (EDDs) will officially open its doors to a record number of over 6,000 development professionals from around 150 countries who will attend what has become Europe’s leading forum on global development and cooperation. Commissioner for International...

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Chapter News

Employment up by 0.3% in euro area and EU28

First quarter of 2016 compared with the fourth quarter of 2015 - Employment up by 0.3% in euro area and EU28 - +1.4% in both areas compared with the first quarter of 2015. The number of persons employed increased by 0.3% in both the euro area (EA19) and the EU28 in the first quarter of 2016 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the fourth quarter...

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Member News

Inspirational program helps UK school children see a bright future

Essilor UK is reaching out to local schools to help prepare pupils for employment while screening their eyes and raising awareness of the importance of healthy vision. This month, Essilor UK began an educational campaign with neighboring schools to its Thornbury site near Bristol. Volunteers from the company screened students to raise awareness of the importance of regular eye care and at the same time helped the students learn how to design and build telescopes. Hundreds of children were screened along with...

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