23 Jun
Chapter News

Monetary policy in the euro area: scope, principles and limits

Keynote speech by Yves Mersch, Member of the Executive Board of the ECB, at the Natixis Meeting of Chief Economists, Paris, 23 June 2016 Ladies and gentlemen, The past few years, not to speak of present days, have been challenging ones for central banks worldwide, and the euro area has been no exception. The ECB’s monetary policy decisions have come under greater scrutiny than ever before. Some commentators have argued that the ECB does not have sufficient tools to counter deflationary...

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23 Jun
Chapter News

More ambition and consumer-orientation in 2020 energy targets and beyond?

The EU's renewable energy target - 20% of total consumption by 2020 - has already been hit by many EU member states. But others lag behind and must do more, MEPs urge in a resolution, voted on Thursday, on the EU Commission's “renewables progress report." To achieve the EU's energy efficiency target - a 20% gain by 2020 – member states need to implement EU legislation faster, and in full, says a second resolution, also voted on Thursday. "Our concern...

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22 Jun
Chapter News

U.S. ITA Launches New U.S. Industry Internship for its Strategic Partners

In April 2016, the U.S. Secretary of Commerce, Penny Pritzker, launched the Department’s new Commercial Diplomacy Institute (CDI) as a vehicle to advance government to business partnerships by promoting stronger professional development and thought leadership opportunities in the commercial diplomacy field.   One of CDI’s newest programs is the U.S. Industry Internship Program (USIIP). USIIP allows our strategic partners to host experienced trade professionals for a period of up to 90 days over a calendar year. This mutually beneficial exchange...

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22 Jun
Chapter News

Speech by the President of the Eurogroup, Jeroen Dijsselbloem, at the Wirtschaftstag in Berlin, 21 June 2016

Thank you very much for the invitation and opportunity to speak to you today. Again, in a time of uncertainty. Political and economic uncertainty, this time stemming directly from a referendum in the UK. And again, commentators throughout Europe contemplate the consequences of the possible next crisis. I will argue today that we should not wait for the next possible event (which may never happen) but should look at the fundamentals and continue to work on improving those. Economic outlook eurozone There is quite a...

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22 Jun
Member News

Houlihan Lokey Advises Iovate Health Sciences

Houlihan Lokey is pleased to announce that Iovate Health Sciences International, Inc. has agreed to be acquired by Xiwang Foodstuffs Co., Ltd. The transaction was signed on June 12, 2016. Founded in 1995 and based in Oakville, Canada, Iovate is a dynamic, leading-edge nutritional company that delivers some of the highest quality, most innovative, and effective active nutrition products in the world. With brand innovations like MuscleTech, Six Star Pro Nutrition, Purely Inspired, and Hydroxycut, the company is committed to being the...

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22 Jun
Chapter News

Global city movements join forces in the fight against climate change

Two major global initiatives to fight climate change at city level are merging to create an alliance of more than 7,100 cities across the world called the Global Covenant of Mayors for Climate and Energy. The Covenant of Mayors – an EU initiative launched in 2008 involving 6,800 cities and regions in 57 countries – and the Compact of Mayors – a global coalition of mayors and city officials launched in 2014 by United Nations Secretary-General Ban Ki-moon – together...

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22 Jun
New York Related News

NYCEDC Announces Krinos Foods Moves International Headquarters to the Bronx

Through a partnership with NYCIDA, the move allows Krinos Foods to remain in NYC and create more jobs for New Yorkers New York City Economic Development Corporation (NYCEDC) President Maria Torres-Springer and Krinos Foods Chairman Eric Moscahlaidis participated in a ribbon-cutting ceremony to mark the grand opening of a new 100,000-square-foot international headquarters for Krinos Foods, a New York City based Greek and Mediterranean specialty food importer, distributor and manufacturer. The new Krinos Foods facility, located at 1750 Bathgate Avenue,...

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21 Jun
Chapter News, Trade & TTIP Related

TTIP and Developing Countries

EU Trade Commissioner Cecilia Malmström spoke to Members of the European Parliament’s committees on development and international trade this afternoon, about the relationship between TTIP and developing countries. She underlined the centrality of development as an objective of EU trade policy and explained clearly why the impact of TTIP on developing countries was likely to be positive – most importantly as it would drive global demand. She also noted that TTIP was not happening in isolation and urged developing country partners...

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21 Jun
Member News

When Tragedy Strikes: How Employers Can Assist Employees Affected by Mass Shootings and Disasters

In the early morning hours of June 12, 2016, 49 innocent people lost their lives in a mass shooting in the Pulse nightclub in Orlando, Florida. This mass shooting, the deadliest in U.S. history, has left the City of Orlando shaken, particularly members of the lesbian, gay, bisexual, transgender, and queer (LGBTQ), and Latino/a communities. This Insight aims to provide a guide to employers on ways they can support their employees whose lives were touched by this tragedy.  Its basic...

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21 Jun
Chapter News

Draghi debates ECB’s bond purchasing programme as German court reaches verdict

The European Central Bank (ECB) has bought €80 billion worth of public and private debt since March 2015 in order to boost growth and push interest rates down. The bond buying programme has led to the bank being criticised for overstepping its mandate, but today the German constitutional court ruled that it wasn't. ECB President Mario Draghi is expected to discuss the strategy known as quantative easing during his meeting with Parliament's economic committee today from 15.00 CET. The ECB...

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