20 Aug
Chapter News

Tsipras resigns, paving way for snap Greek election

Prime Minister Alexis Tsipras resigned today, hoping to strengthen his hold on power in snap elections after seven months in office in which he fought Greece's creditors for a better bailout deal but had to cave in. Tsipras submitted his resignation to President Prokopis Pavlopoulos and asked for the earliest possible election date. Government officials said the aim was to hold the election on Sept. 20, with Tsipras seeking to quell a rebellion in his leftist Syriza party and seal public...

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20 Aug
Chapter News

Factbox: Greek constitution on snap elections

According to Reuters News Greek Prime Minister Alexis Tsipras will hand in his resignation later on Thursday, today, and propose early elections be held on Sept. 20, government officials said. Tsipras was elected only in January but has suffered a rebellion among hard left lawmakers in his Syriza party and had to rely on opposition support to win parliamentary approval for Greece's new 86 billion euro bailout deal. - According to the constitution, if a government resigns within a year of...

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20 Aug
Chapter News

EU Commission signs three-year ESM stability support programme for Greece

20 August 2015 -- The European Commission signed the Memorandum of Understanding (MoU) with Greece for a new stability support programme late on Wednesday. The European Stability Mechanism (ESM), Europe's firewall established in 2012 in response to the global financial crisis, will be able to disburse up to EUR 86 billion in loans over the next three years, provided that Greek authorities implement reforms to address fundamental economic and social challenges, as specified in the MoU. Following months of intense...

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20 Aug
Member News

Adelson Strategies is thrilled to be serving as Ambassador to the Americas for the Agricultural Cold Chain Logistics Committee

Adelson Strategies is thrilled to be serving as Ambassador to the Americas for the Agricultural Cold Chain Logistics Committee ("ACCC") established by the China Communications and Transportation Association based in Shanghai, China. ACCC was formed to boost the Chinese cold chain logistics industry and to promote cooperation between cold chain logistics companies, food importers in China and vegetable, meat and seafood distributors around the world seeking business opportunities in China's growing market. Together, they have co-organized the ACCC 2015 China Import...

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20 Aug
Member News, Uncategorized

Ogletree Deakins Named Immigration Lawfirm of the Year

ATLANTA – August 18, 2015 – Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, is pleased to announce that the firm has been named the Immigration Law Firm of the Year - USA by the Lawyer Monthly Legal Awards 2015. The Lawyer Monthly Legal Awards recognize the achievements of law firms and individuals who have delivered exceptional results for their clients over the past 12 months – whilst...

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17 Aug
Chapter News

Public Consultation on the Circular Economy

The EU Commission is aiming to present a new, more ambitious circular economy strategy late in 2015, to transform Europe into a more competitive resource-efficient economy, addressing a range of economic sectors, including waste. The strategy will be fully aligned with the priorities of the new Commission. It will comprise a revised legislative proposal on waste and a Communication setting out an action plan on the circular economy for the rest of this Commission’s term of office. The action...

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17 Aug
Member News

Trepp Trading Alert: Prudential Plaza Gets Paid Off, One of Two CMBS Deals Reflects Change, Trade CB16 Very Carefully

The $410 million One & Two Prudential Plaza loan has paid off, resulting in a 100% loss to the B note. The loan, which was modified and bifurcated two years ago, was split between JPMCC 2006-LDP7 and JPMCC 2006-CB16. Because of the timing of the payoff, the LDP7 deal reflects the payment and the loss with the August remittance. For CB16, the payment will have to wait until September. Accordingly, you should trade JPMCC 2006-CB16 very carefully. The underlying property is a 2.2 million square-foot office complex in Chicago...

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17 Aug
Chapter News

Remarks by J. Dijsselbloem following the Eurogroup meeting

Good evening and welcome to this press conference. We have just finished the Eurogroup meeting and we've come to a positive conclusion on the proposals by the institutions. All the intense work of the last week has paid off and let me here also extend my thanks to the teams of the institutions and the team of the Greek government that had worked so hard these last months to reach an agreement. We also have reached agreement at the...

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17 Aug
Chapter News, News

From geo-blocking to cloud computing: EU Parliament’s guide to the digital age

Every day 315 million Europeans use the internet, but challenges still remain for consumers and companies alike. The European Commission presented its strategy for a digital single market on Wednesday 6 May. In addition Parliament and the Council agreed in June to ban roaming fees in 2017 and guarantee equal treatment for all internet traffic. Read on for an explanation of the terminology involved. Big data Large volumes of data that can, for instance, include purchase transaction records or GPS signals. The...

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17 Aug
Chapter News

Euro area international trade in goods surplus €26.4 bn – €10.4 bn surplus for EU28

The first estimate for euro area (EA19) exports of goods to the rest of the world in June 2015 was €182.7 billion, an increase of 12% compared with June 2014 (€162.7 bn). Imports from the rest of the world stood at €156.4 bn, a rise of 7% compared with June 2014 (€146.7 bn). As a result, the euro area recorded a €26.4 bn surplus in trade in goods with the rest of the world in June 2015, compared with +€16.0...

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