Transatlantic News

Transatlantic News

Brexit News, Chapter News

John Bruton | The UK/EU Trade & Cooperation Agreement

By John Bruton, former Prime Minister of Ireland (Taoiseach) & former EU Ambassador to the US | UK gained a little extra sovereignty of the island of Britain, by giving up some UK sovereignty in Northern Ireland The EU/UK trade deal maintains Ireland’s agricultural export market in Britain. A “No Deal” would have destroyed it. The imposition of tariffs would have imposed huge costsm on consumers and disruption to business. That said, the fact that the Agreement had to be rushed through...
Chapter News, COVID-19 News

Coronavirus: EU Commission concludes exploratory talks with Valneva to secure a new potential vaccine

Today, the European Commission concluded exploratory talks with the pharmaceutical company Valneva with a view to purchasing its potential vaccine against COVID-19. The envisaged contract with Valneva would provide for the possibility for all EU Member States to purchase together 30 million doses, and they could further purchase up to 30 million more doses. Today's finalisation of exploratory talks with Valneva come in addition to an already secured broad portfolio of vaccines to be produced in Europe, including the contracts...
Chapter News

IMF | Denmark’s Ambitious Green Vision

Denmark aspires to become one of the most climate-friendly countries in the world. In June, its Parliament overwhelmingly passed a new climate law that aims to reduce greenhouse gas emissions by 70 percent below 1990 levels by 2030, with net zero emissions targeted for 2050. This is an even more ambitious goal than the EU’s target to cut emissions by 55 percent over the same time period. 70% Amount by which Denmark plans to reduce greenhouse gas emissions by 2030 relative to 1990 levels A new IMF staff...
Chapter News

Speech | U.S. Economic Outlook and Monetary Policy

Speech by Vice Chair Richard H. Clarida at the C. Peter McColough Series on International Economics Council on Foreign Relations, New York, New York (via webcast) | It is my pleasure to meet virtually with you today at the Council on Foreign Relations.1 I regret that we are not doing this session in person, as we did last year, and I hope the next time I am back, we will be gathering together in New York City again. I look forward to...
Chapter News, COVID-19 News

EU Commission proposes to purchase up to 300 million additional doses of BioNTech-Pfizer vaccine

The European Commission today proposed to the EU Member States to purchase an additional 200 million doses of the COVID-19 vaccine produced by BioNTech and Pfizer, with the option to acquire another 100 million doses. This would enable the EU to purchase up to 600 million doses of this vaccine, which is already being used across the EU. The additional doses will be delivered starting in the second quarter of 2021. The EU has acquired a broad portfolio of vaccines with different...
Chapter News

OECD | A multilateral agenda for a strong, resilient, green and inclusive recovery from COVID-19

Paris, 14 November 2020 | by Pedro Sánchez, President of the Spanish Government and Angel Gurría, Secretary-General of the OECD. You may view the OECD 60th anniversary Leaders’ Commemoration Event here | On 14 December this year, we are commemorating the 60th anniversary of the signature of the Convention establishing the Organisation for Economic Co-operation and Development (OECD). The OECD succeeded the Organisation for European Economic Co-operation (OEEC), which was created in 1948 to administer American and Canadian aid under the...
Chapter News

CFTC & ESMA sign enhanced MOU related to certain recognized central couterparties

The Commodity Futures Trading Commission (CFTC) and the European Securities and Markets Authority (ESMA) today announced the signing of a new Memorandum of Understanding (MOU) regarding cooperation and the exchange of information with respect to certain registered derivatives clearing organizations established in the United States that are central counterparties (CCPs) recognized by ESMA under the European Market Infrastructure Regulation (EMIR). Through the MOU, ESMA and the CFTC express their desire for enhanced cooperation as to the larger U.S. CCPs operating in the European Union...
Brexit News, Chapter News

Brexit deal: how new EU-UK relations will affect you

EU-UK relations are changing following Brexit and the deal reached at the end of 2020. Find out what this means for you. The UK left the EU on 31 January 2020. There was a transition period during which the UK remained part of the Single market and Customs Union to allow for negotiations on the future relations. Following intense negotiations, an agreement on future EU-UK relations was concluded end of December 2020. Although it will be provisionally applied, it will still...

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