06 Jan
Member News

Osborne Clarke | UK immigration: what’s on the horizon?

The new Labour government has plans to address the rules on skilled migration "No more gimmicks. No more gesture politics. No more irresponsible, undeliverable promises.” These were the words of Sir Keir Starmer at a recent Interpol conference on immigration. The UK prime minister was building on the position he had laid out on immigration at the Labour Party conference in September, in which he said: “It is the policy of this government to reduce both net migration and our economic dependency upon...

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06 Jan
Chapter News, Trade & TTIP Related

DoC | By the Numbers: Almost All U.S. States and the District of Columbia See Increase in GDP and Incomes

Last week, the Commerce Department’s Bureau of Economic Analysis announced that GDP and personal income increased in almost every U.S. state according to the latest data from their report on Gross Domestic Product by State and Personal Income by State, 3rd Quarter, 2024.  Real gross domestic product increased in 46 states and the District of Columbia. The nation's GDP grew at an annual rate of 3.1 percent in the third quarter and has grown by 12.6% under the Biden-Harris Administration. In addition, Americans continue to make and...

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06 Jan
Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – The ILA and USMX to resume negotiations, industry trends for 2025, labor rights and automation, highlights from a U.S. DOT report, and Jaguar Freight’s Q1 OUTLOOK.

The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) are set to resume contract negotiations ahead of a January 15 deadline. Perhaps the threat of liner operators implementing surcharges if the strike happens helped get the ball rolling again. Regardless, the hope is that the issues regarding wages and working conditions for East Coast port workers will be resolved. Many in the industry are concerned about further disruptions, especially in light of other issues the supply chain is...

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20 Dec
Chapter News, Trade & TTIP Related

EXIM Bank | Export-Import Bank of the U.S. Chair Reta Jo Lewis Highlights EXIM’s Clean Energy Deals and Work with E.U. Companies During the International Economic Forum of the Americas’ Conference of Paris

Paris, France – This week, Export-Import Bank of the United States (EXIM) Chair Reta Jo Lewis delivered remarks during the International Economic Forum of the Americas’ (IEFA) Conference of Paris and met with industry leaders in the pharmaceutical, finance, and renewable energy sectors. Over the course of the week, Chair Lewis highlighted EXIM’s efforts to promote U.S. technologies that can reduce emissions and support U.S. jobs. In remarks during a panel titled, “Scaling Lower Carbon Economies at Speed,” Chair Lewis said...

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20 Dec
Member News

Vulcan View: The latest EU developments 16 December – 20 December

EU adopts 15th sanctions package targeting Russia’s shadow fleet The Council of the EU formally signed off on its 15th Russian Sanctions Package on Monday, 16 December. The package consists of an additional 54 persons and 30 entities responsible for actions undermining or threatening Ukraine’s territorial integrity. The measures are designed to target Putin’s shadow fleet and weaken Russia’s military and industrial complex. The Council has added 32 new entities to the list of those supporting Russia’s war against Ukraine by imposing stricter export...

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19 Dec
Chapter News

European Commission | Strategic Dialogue on the Future of the European Automotive Industry to start in January

On 27 November 2024, in a speech to the European Parliament, President of the European Commission Ursula von der Leyen announced her decision to convene a Strategic Dialogue on the Future of the Automotive Industry in Europe. The Dialogue will be officially launched already in January 2025, with a view to swiftly proposing and implementing measures the sector urgently needs. Commission President, Ursula von der Leyen, said: “The automotive industry is a European pride and is crucial for Europe's prosperity. It drives innovation, supports millions of...

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19 Dec
Chapter News, Trade & TTIP Related

DoC | U.S. Economic Development Administration Reauthorized by Congress for First Time in 20 Years

Bipartisan legislation will modernize the EDA and other regional commissions whose mission is to spur economic growth in communities across the country The U.S. Department of Commerce’s Economic Development Administration (EDA) celebrates its historic reauthorization by Congress, allowing it to continue its legacy of promoting American innovation and competitiveness by providing grants and support to communities across the country. Since 1965, EDA has led some of the nation’s most impactful programs to strengthen public works and infrastructure, job creation and workforce development,...

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19 Dec
Chapter News

ECB | Digital payments continue to rise, albeit at a slower pace; cash remains a key payment method

Cash most frequently used payment method in stores, although use has continued to decline Share of digital payment instruments continues to increase in value terms, with cards still dominant and share of mobile apps on the rise Majority of consumers value having option to pay with cash The European Central Bank (ECB) today published the results of the latest study on the payment attitudes of consumers in the euro area (SPACE). Despite the trend towards digital payments, the number...

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19 Dec
Member News

IE University announces IE New York College

IE University becomes custodian of a US College based in SoHo with a focus on Business and Sustainability. IE University has replaced Glasgow Caledonian University as the sole member of Glasgow Caledonian New York College (GCNYC). This US College based in SoHo will be renamed IE New York College (IENYC) upon accreditation approval for the name change. With this replacement IE University becomes custodian of a state-of-the-art College with a focus on Business and Sustainability. The College has been provisionally chartered by...

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18 Dec
Chapter News

ECB | The ECB wage tracker: your guide to euro area wage developments

Blog post by Colm Bates, Vasco Botelho, Sarah Holton, Marc Roca I Llevadot and Mirko Stanislao | The growth of negotiated wages is expected to ease in 2025. This is the information emerging from the ECB wage tracker, which we will publish on a regular basis from now on. The ECB Blog explains the tool and how it can help monitor wage pressures in the euro area. Wages are an important driver of domestic goods and services inflation. Most wages are...

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