01 Feb
Member News, Trade & TTIP Related

Jaguar Freight | Important Update: Trump Announces Tariffs to Start Tomorrow

The White House confirmed that President Trump will impose new tariffs starting Saturday, February 1. The tariffs include a 25% duty on certain imports from Canada and Mexico and a 10% tariff on specific Chinese goods. The tariffs could lead to higher prices for U.S. consumers and businesses on products such as electronics, toys, shoes, produce, lumber, and cars. Companies importing these goods must decide whether to absorb the costs, reducing profits, or pass them on to consumers. Mexico and Canada have...

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31 Jan
Member News

Vulcan View: The latest EU developments 27 January – 31 January

European Commission launches Competitiveness Compass to boost innovation and economic resilience On Wednesday, 29 January, the European Commission unveiled its Competitiveness Compass, an initiative aimed at strengthening the EU’s competitiveness, resilience, and innovation. The Compass comes at a critical moment for Europe as it strives to maintain its position in the face of growing global competition. The Competitiveness Compass will closely follow the recommendations laid out by both the Draghi and the Letta reports. The Compass comprises three pillars: Pillar 1: Closing the innovation gap Pillar 2: A joint...

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31 Jan
Chapter News

European Commission | Steering the EU towards greater sustainable competitiveness

A new framework to rekindle economic productivity and secure the EU’s competitive edge has been presented by the European Commission. The Competitiveness Compass builds on the recommendations set out in Mario Draghi’s report on the future of European competitiveness. It will steer the EU’s work on competitiveness over the next five years and translate the report’s recommendations into concrete actions for the EU’s future prosperity.   The EU enjoys a strong system of rights and values, a Single Market, top-notch infrastructure and...

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31 Jan
Member News

EIB Group achieves record results in 2024, targets €95 billion in investments for 2025

The EIB Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024. A record of nearly 60% of all EIB Group financing supported the green transition, climate action and environmental sustainability. There was a sharp increase in higher-risk activities, with a record €8 billion committed for equity and quasi-equity investment. Financing for security and defence projects doubled to €1 billion in 2024, with a further doubling planned in 2025. The European Investment Bank (EIB) Group...

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31 Jan
Chapter News

European Commission | An EU Compass to regain competitiveness and secure sustainable prosperity

Today, the Commission presents the Competitiveness Compass, the first major initiative of this mandate providing a strategic and clear framework to steer the Commission's work. The Compass sets a path for Europe to become the place where future technologies, services, and clean products are invented, manufactured, and put on the market, while being the first continent to become climate neutral. Over the last two decades, Europe has not kept pace with other major economies due to a persistent gap in productivity...

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30 Jan
Member News

Cilcare appoints Dr. Preethi Sundaram to its Board of Directors

Montpellier, January 30, 2025 – Cilcare, a biotechnology company specializing in auditory sciences, is pleased to announce the appointment of Dr. Preethi Sundaram to its Board of Directors. With 25 years of experience in the pharmaceutical industry, Dr. Sundaram brings exceptional expertise in drug development, commercialization, and business development strategies, including mergers and acquisitions. She joins Cilcare at a strategic juncture to contribute to the company’s mission of leveraging precision auditory sciences to redefine and reimagine the future of care...

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30 Jan
Chapter News

ECB | Monetary Policy Statement: Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB

Good afternoon, the Vice-President and I welcome you to our press conference. The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the monetary policy stance – is based on our updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission. The disinflation process is well on track. Inflation...

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30 Jan
Member News

EIB Global lends €125 million to finance SES’s medium earth orbit satellites

EIB Global loan will partially fund SES’s continued O3b mPOWER medium earth orbit fleet expansion, enabling additional capacity worldwide. The O3b mPOWER satellite network aims to bridge the urban-rural digital divide, supporting objectives of the EU’s Global Gateway initiative and the EU Space Programme 2021-2027. The European Investment Bank’s global arm, EIB Global, has signed a €125 million loan agreement with SES, a provider of satellite-enabled content and connectivity solutions, for three satellites of its second-generation medium earth orbit (MEO)...

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30 Jan
Chapter News

EU Delegation to the US | EU in the US Top 10

A Balanced Partnership HR/VP Kallas discussed EU-U.S. cooperation on global issues with U.S. Secretary of State Marco Rubio. The EU-U.S. trade balance is well balanced, both sides have complementary strengths. 800 Million Citizens Our partnership is the world's most extensive bilateral trade and investment relationship and our economies are integrated. Read the EU Ambassador Neliupšienė's remarks to the press. World Economic Forum "European companies in the U.S. employ 3.5 million Americans. And another million American jobs depend directly on trade with Europe. Entire supply...

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29 Jan
Member News

NAL Research | MDSI partners with Integrity ISR, LSAS Tec, and NAL Research for multi-domain situational awareness

Aalborg, Denmark – January 22, 2025 – MDSI (EU & US) announced today collaboration partnerships with Integrity ISR, LSAS Tec, and NAL Research to pursue concept exploration and advanced development in multi-domain situational awareness. The partnership is initially focused on expanding Quantum Eye, MDSI EU’s multi-domain situational awareness platform, which is now providing critical ISR services for Greenland. The new high-performance team consisting of MDSI, Integrity ISR, LSAS Tec, and NAL Research will bring a best of industry approach to...

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