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Member News
Member News
21
Jun
Key Events This Week
Can Boris be hunted?
After five rounds of voting, multiple hustings and two televised tv debates, Conservative MPs have chosen Boris Johnson and Jeremy Hunt as the two candidates who will go before party members in a bid to become the new Leader and most likely, the next Prime Minister. The elimination of International Development Secretary Rory Stewart and Home Secretary Sajid Javid gave Jeremy Hunt a much-needed boost over Michael Gove with the Environment Secretary bowing...
20
Jun
By David Bassuk & Joel Bines | AlixPartners
US core retail sales grew 0.5% in May after an upwardly revised 0.3% rise in April1. Building materials and garden equipment sales were up 0.1%, while online and mail-order purchases lifted 1.4%. Sales at clothing stores were unchanged and those at furniture stores edged up 0.1%. Sales at electronics and appliance stores rose 1.1% 2. Continuing growth in retail sales is a good indicator that trade worries have not yet made a full...
20
Jun
By Charlotte Cruickshank, Executive Director | OCORIAN
With research suggesting that even in 2019, many companies have unprotected data and operate poor cybersecurity practices, Executive Director Charlotte Cruickshank examines the trends emphasising the importance of choosing a financial services provider that budgets, safeguards and educates staff against the latest threats.
As tech continues to evolve, so does the sophistication of cybercrime. In recent years, the actions of cybercriminals have intensified and the scale of their operations has been thrust into...
19
Jun
Breakthrough Energy Ventures Europe (BEV-E), a new EUR 100 million investment fund was established by the European Commission, the European Investment Bank and Breakthrough Energy Ventures during the Fourth Mission Innovation Ministerial meeting in Vancouver, Canada.
The fund will help develop innovative European companies and bring radically new clean energy technologies to the market. It will support Europe’s best clean energy entrepreneurs whose solutions can deliver significant and lasting reductions in greenhouse gas emissions. The first of its kind, it caters to...
19
Jun
By Gregor Schmidt, Regional Leader - Europe | RSM
The UK’s imminent departure from the EU brings with it a host of questions: will new trade tariffs hinder supply chains? How far will the UK’s regulatory framework diverge from the EU? Will the UK’s tax regime change significantly? How much will currency volatility impact top lines?
Globally-ambitious European businesses are having to navigate these questions during an ever-changing Brexit process defined by uncertainty at every stage. It is a difficult task...
18
Jun
As the U.S. Trade Representative’s (USTR) Special 301 Committee held its first day of hearings on Monday regarding proposed tariffs on approximately $300 billion worth of Chinese products, The Toy Association continued its aggressive advocacy campaign against tariffs on toys. Though The Toy Association is not scheduled to testify until June 24, Rebecca Mond, vice president of federal government affairs, was at USTR’s offices on Monday to raise awareness about the negative impact tariffs would have on the toy industry.
Representing the...
17
Jun
The World Trade Centers Association (WTCA) unveiled its second annual Trade and Investment Report (www.WTCAReports.org), conducted in partnership with FP Analytics. The report details the key factors that enable cities to remain resilient as dramatic shifts in trade-and-investment policies intensify economic competition. Moreover, on-the-ground insights from interviews with WTCA members around the world reveal that the damage being caused to global trade and investment may be worse than is currently captured by traditional indicators.
Global trade grew 3 percent in 2018, but...
14
Jun
Key Events This Week
Italy determined to avoid EU disciplinary action over budget violations
The effects of the eurozone crisis continue to be felt in Italy, as the country remains burdened with high public debt, low growth and a fragile banking sector. On Wednesday of this week, the EU issued the excessive deficit procedure (EDP) which acts as a formal warning and is the first in a number of steps that can lead to fines or suspended transfers from the EU...
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