Member News

Member News

Member News

Tearing up Trade Agreements wont help workers: a more responsible approach just may

Newport, R.I. – The current heated debate over international trade is the outcome of a flawed public policy and political framework. With growing public sentiment against trade and political leaders on both the left and right opposing international trade agreements, the United States needs a new approach to international trade that addresses the inequities many believe damage America’s national interest while preserving the good that trade does in the world. In a new report from the Pell Center at Salve Regina...
Member News

The Future is Bright because of your Support

NEW YORK, NY, USA -  This time of year is always a period for reflection, and even more so it is a time to look to the future, which is our focus here at Headquarters. The World Trade Center Association is looking forward to all of the exciting changes and enhancements they are planning for Members in the new year, and even more anxious to get started. But of course none of that is possible without the financial contributions of our...
Member News

U.K. telecom watchdog says Brexit is chance to strengthen M&A rules

Ofcom chief Sharon White's comments follow the regulator's push this week for a legal separation of BT's Openreach The U.K.'s exit from the European Union will create room for reinforcing M&A rules that can address loopholes and complexities missed under the European Union law, the country's telecom and broadcasting watchdog said. "Brexit means that some future mergers and takeovers involving U.K.-based companies would be presided over by U.K. regulators, based on domestic merger law," Ofcom chief Sharon White said in a...
Member News

Maersk buys Hamburg Sud as consolidation shipping industry continues

The Danish conglomerate expects the deal to close by the end of 2017. Denmark's A.P. Moeller-Maersk A/S on Thursday, Dec. 1, bought the world's seventh-largest container shipping group Hamburg Sud from the Oetker Group, cementing its No. 1 standing. The deal is expected to enable the expanded group to cut shipping costs for customers. The move comes after the Danish conglomerate on Sept. 22 announced the company will be divided into divisions - transports and logistics; and energy - with the...
Member News

Ernst & Young Renews DC Lease

According to November servicer watchlist notes, accounting and financial advisory firm Ernst & Young has extended its lease at 1101 New York Avenue NW in Washington D.C. The property backs the $212.1 million 1101 New York Avenue loan, which is split between a $106 million note (4.9% of MLMT 2007-C1), and another $106 million piece that represents 5.5% of BSCMS 2007-PW17. The collateral is a Class A office building that spans 374,033 square feet and was built in 2006. Ernst...
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December FX Outlook – Fed hikes on the horizon, Europe remains in flux

The USD rose strongly in November after the unexpected Trump victory, despite most commentators and pre-election price action suggesting a Trump victory would be negative for the USD. In practice, expectations of looser fiscal policy have “trumped” concerns about the potential negative impact of protectionist policies or other more general worries about Trump’s suitability. The Fed is now fully expected to raise rates in December, and the focus has shifted towards European political risk and the Italian referendum on December...
Member News

A New Approach to International Trade

Tearing Up Trade Agreements Won't Help Workers A More Responsible Approach Just May In a new report published by the Pell Center for International Relations and Public Policy at Salve Regina University, Blue Star Strategies' Karen Tramontano argues that the current heated debate over international trade is the outcome of a flawed public policy and political framework. With growing public sentiment against trade and political leaders on both the left and right opposing international trade agreements, the United States needs a...
Member News

GPS Appears in The Washington Post

The intrigue and allure of discovering new parts of the world is one reason many people list travel at the top of their bucket lists. It is also huge draw for career opportunities, especially for millennials entering the workforce seeking adventure and new challenges with global companies. And even for those who don’t seek positions abroad, the demand for international competencies at all firms is growing. According to U.S. Census data, one in three U.S. mid- and large-size companies have...