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Member News
Member News
28
Apr
A sharp drop in U.S.-China trade, driven by escalating tariffs, has led to a surge in blank sailings, exceeding levels seen during the pandemic. Over 80 sailings were canceled in April 2025, surpassing the 51 reported in May 2020. Sea-Intelligence data forecasts a 28% drop in container demand on the Asia–U.S. West Coast route and 42% on the East Coast. Smaller carriers that rely on Chinese exports are facing severe strain, with some at the point of collapse. Empty container stockpiles...
25
Apr
European Commission imposes landmark DMA fines on Apple and Meta
On Wednesday (23 April), the European Commission sent a strong message to Big Tech companies by announcing significant fines for Apple and Meta due to their non-compliance with the EU’s Digital Markets Act. The European Commission fined Apple €500 million and Meta €200 million, asserting that both giants have stifled competition and limited consumer choice through their operational practices. This decisive action marks the first instance of non-compliance fines issued under the...
24
Apr
By Marc Chandler, Chief Market Strategist, Bannockburn Capital Markets
The global economy has entered a phase of heightened uncertainty—and at the center of this turbulence stands the United States. In a striking reversal of its traditional role as a pillar of predictability and leadership, the U.S. has adopted an increasingly erratic posture, marked by sudden policy feints, reversals, and mounting institutional strain. Nowhere is this more evident than in the Trump administration’s economic and foreign policy approach, which resembles less a...
24
Apr
CFOs and CISOs should collaborate to mitigate cyber risks, strengthen internal controls and confirm accurate financial reporting.
Regular evaluations of cyber risks, including identity management, endpoint security and third-party risks help maintain financial data integrity.
Prioritizing financial systems in response plans supports resilience, accurate disclosures and faster recovery from cyber threats.
Ongoing communication between finance and security teams makes sure cybersecurity measures evolve with business changes and regulatory demands.
As cyber threats become more sophisticated and pervasive, collaboration between...
24
Apr
The Netherlands
Personal Income Tax: Information request for assessment actual yield on savings
Savings and investments (Box 3) in income tax returns are currently taxed based on a notional yield - a fixed yield, that is expected based on the type of savings or assets. Changes have been made to the structure of Box 3, which was required due to supreme court rulings. The house of representatives wishes to have a tax system whereby the actual yield is being taxed, aiming...
21
Apr
There is now data to support what has been feared. The impact of tariffs includes a dramatic drop of 64% in US ocean container bookings from March to April 2025. This is after a temporary spike, as importers rushed to ship goods ahead of the tariffs. But as soon as the tariffs went into effect, bookings collapsed as businesses faced higher costs and uncertainty. And while some tariffs were suspended, havoc had already descended on supply chains. Companies are taking a...
17
Apr
"May you live in interesting times” – this backhanded well-wish may never have been as applicable as it is today. Since January, the news cycle has been a steady stream of market-disrupting announcements, false starts, military escalations and political and economic gamesmanship that has humbled economists and wonks who normally have strong insight on things to come. Interesting (unstable) times can be challenging for any business, and regardless of political leaning, no one can deny that since Trump’s return...
17
Apr
IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...
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