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Member News
Member News
16
Jul
Welcome to the first edition of the Neural Network. The Neural Network is Stephenson Harwood's monthly round-up of developments in AI, covering three key areas relevant to professionals working in the AI space:
New regulation and public body updates;
Enforcement and litigation; and
Updates and case studies on the use of AI technology.
In this edition, we look at key AI developments from June and July 2024. We examine the final text of the EU AI Act that was recently...
15
Jul
The partners of both firms have voted in favour of the merger at their respective meetings, and the relevant regulatory approvals have been obtained
The integration is the first cross-border merger between a leading Iberian law firm and a top-tier Mexican practice
The project aims to create the leading legal practice in Mexico, serving clients on both sides of the Atlantic, large multinationals and financial sponsors, as well as other international law firms
Pérez-Llorca and González Calvillo have completed...
15
Jul
Ocean shipping rates are surging, and the current trend indicates record profits for shipping companies in the third quarter of 2024. Industry benchmarks show a substantial increase compared to pre-pandemic levels, though they haven’t quite reached the all-time highs observed in September 2021. The trend is mostly driven by ongoing disruptions in the global supply chain—high demand for goods, ongoing port congestion, geopolitical tensions, and labor shortages—which are causing a shortage of containers and an imbalance in demand for...
15
Jul
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...
12
Jul
Dissecting the results of the French election’s second round
Round two of the French elections on Sunday, 7 July saw France faced with potential political deadlock after no party secured an absolute majority. All three blocs fell short of the 289 seat threshold needed to control the 577-seat National Assembly.
Neither the major setback for Le Pen’s National Rally (RN), nor the left-wing coalition’s surprise didn’t prove President Macron´s intention right to create political stability by calling for a snap election. Without...
08
Jul
The fight against climate change requires collective action — from governments, institutions, businesses and individuals. A good understanding of the climate challenge is essential for people to make informed choices. To assess the public’s understanding of climate change, the sixth edition of the EIB Climate Survey focuses on people’s knowledge of climate change in three key areas: definitions and causes, consequences, and solutions. Participants answered 12 questions and were ranked on a scale of 0 to 10, with 10...
08
Jul
Overview: The dollar is narrowly mixed against the G10 and emerging market currencies today. The euro is little changed, holding on to last week's gains, after the surprising French election results, where the focus shifts finding a prime minister that can carry a majority of the new and closely divided National Assembly. Despite firm underlying wage data, the Japanese yen has given back its initial gains, and the dollar is pushing back above JPY161 in the European morning. The Mexican...
08
Jul
After bill of law 8304 was exempted from the second constitutional vote, the law of 4 June 2024 amending the amended law of 29 August 2008 on the free movement of persons and immigration (the Law) was published in the Luxembourg Official Journal Mémorial A 261 on 27 June 2024. The Law concerns highly qualified third-country nationals (i.e. from outside the EU) who wish to live and work in Luxembourg under an “EU Blue Card”.
The Law implements Directive (EU) 2021/1883 on the conditions of entry and residence...
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