05 May
Chapter News, Trade & TTIP Related

The State of the TTIP Talks

The below graphic outlines the status of the various areas of negotiation being addressed by TTIP. Among them: Agriculture, Anti-Corruption, Competition, Cross border Trade Services, Customs, Trade Facilitation, eCommerce, Energy & Raw Materials, Investment Protection, IP, Legal & Institutional, Procurement, Market Access for Industrial Goods, Regulatory Coherence & Cooperation, Rules of Origin, SME's, State Owned Enterprises, Sanitary & Phytosanitary Measures, State-to-state dispute Settlements, Subsidies, Sustainable Development, Technical Trade Barriers, Textiles & Apparel, Trade Remedies... Click on the graph to see a...

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05 May
Chapter News, Trade & TTIP Related

World Trade Month: The Importance of Global Trade

Every year, World Trade Month—designated for the month of May—gives us the opportunity to acknowledge the importance of global trade, and look back at the economic advancements we have made as a result. This World Trade Month, we can look back and appreciate the success we have accomplished. In 2015, our exports totaled $2.23 trillion, we increased our exports to 58 international markets, and we achieved record exports with 20 global partners. Our export success was one aspect of a...

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05 May
Member News

Aeropostale Reveals List of Stores That Won’t Fly Any More & Fresh Market to Close 13 Stores

Aeropostale announced it will be closing 154 stores in conjunction with its bankruptcy filing. We've created a list of CMBS loans that intersect with that list of closings (Aeropostale store closings touching CMBS). There are 36 loans for which a closing Aeropostale is part of the tenant base. The majority of the properties do not list Aeropostale as a top five tenant. Nine of the loans are either going through the foreclosure process, are already REO, or are 60 or more days...

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05 May
Chapter News

Joint Statement: U.S.-EU Energy Council

Joint Statement U.S.-EU Energy Council 1. The seventh United States-European Union Energy Council met today in Washington, D.C., chaired by U.S. Secretary of State John Kerry, U.S. Secretary of Energy Ernest Moniz, EU High Representative/Vice President Federica Mogherini, European Commission Vice President Maroš Šefčovič and European Commissioner Miguel Arias Cañete. Minister for the Environment of the Netherlands Sharon Dijksma represented the Presidency of the Council of the European Union.  The Energy Council, a forum on U.S.-EU energy priorities, promotes transparent,...

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04 May
Member News

Toy Industry Association (TIA) Elects New Leadership at Annual General Meeting

The Toy Industry Association (TIA) announced the election of eight new members to the TIA Board of Directors for two-year terms of office expiring in 2018 during its Annual General Meeting held in Miami, Florida. The meeting also saw the chairmanship gavel pass to David Hargreaves of Hasbro, Inc. from retiring Board Chairman John Gessert of American Plastic Toys. Nominated to serve their first terms on the TIA Board were Kathleen Campisano, Vice President of Toys & Games, Barnes &...

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04 May
Member News

Social Justice and Sustainable Change: The Impacts of Higher Education

Last month, IIE hosted a panel discussion and reception to mark the release of a new IIE report, Social Justice and Sustainable Change: The Impacts of Higher Education. Yielding the first findings from our 10-year impact study of the Ford Foundation International Fellowships Program (IFP), Social Justice and Sustainable Change shows that funding the post-graduate academic pursuits of emerging social justice leaders from marginalized groups leads to significant, measurable benefits for communities and organizations in their countries and throughout the...

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04 May
Chapter News

European Report Card: Worries Over Eurozone Growth, Greece and ‘Brexit’

With growth slowing and the region facing a wide array of challenges — from the long-running Greek debt crisis to the possibility of a British exit from the European Union — the European Commission, the 28-nation bloc’s executive arm, warned on Tuesday of “high risks” and “substantial uncertainty” in the economy. Here are some highlights from the commission’s latest forecast: The European Economy “The recovery in the euro area remains uneven, both between member states and between the weakest and the strongest...

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03 May
Chapter News

Capital Markets Union: Commission supports crowdfunding as alternative source of finance for Europe’s start-ups

The European Commission is today publishing its report on the EU crowdfunding sector, part of the Capital Markets Union Action Plan. Supporting innovative ways of connecting savings to growth and diversifying the funding sources for European businesses is crucial to improving growth and job creation in Europe. The report finds that crowdfunding remains relatively small but is developing rapidly. If appropriately regulated, it has the potential to be a key source of financing for SMEs over the long term. EU Member...

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03 May
Chapter News

ECB publishes legal acts relating to the second series of targeted longer-term refinancing operations (TLTRO-II)

The European Central Bank (ECB) today publishes a legal act adopted on 28 April 2016 relating to the second series of targeted longer-term refinancing operations (TLTRO-II). TLTRO-II is intended to reinforce the ECB’s accommodative monetary policy stance and to strengthen the transmission of monetary policy by further incentivising bank lending to the real economy. Decision ECB/2016/10 of 28 April 2016 on the second series of targeted longer-term refinancing operations defines the conditions for participation in TLTRO-II and other operational aspects. In line...

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03 May
Chapter News

Spring 2016 Economic Forecast: Staying the course amid high risks

Economic growth in Europe is expected to remain modest as key trading partners' performance has slowed and some of the so far supportive factors start to wane. As a result, GDP in the euro area is forecast to continue growing at modest rates over the 2015-2017 period. According to its spring forecast, the Commission expects euro area GDP of 1.6% in 2016 and 1.8% in 2017 after 1.7% in 2015 (Winter forecast: 2015: 1.6%, 2016: 1.7%, 2017: 1.9%). GDP...

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