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Transatlantic News
Transatlantic News
09
Jul
WASHINGTON – The Office of the United States Trade Representative (USTR) will hold public hearings starting on Tuesday, July 7 and continuing through Thursday, July 9, regarding proposed responsive action in the Section 301 investigations of the acts, policies, and practices, of 60 economies related to the failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor.
The hearings will be held at the U.S. International Trade Commission (500 E Street SW, Washington, DC)...
09
Jul
The European Commission has presented a plan to address the risks and harness the opportunities of advanced artificial intelligence (AI) in cybersecurity.
While the AI can improve security, it can also be misused to identify vulnerabilities, automate attacks, and significantly increase the scale and speed of cyber incidents. The new plan will bring together EU countries, industry, and EU-level organisations to strengthen the cybersecurity of our digital landscape against the vulnerabilities posed by advanced AI.
Key actions
Evaluating AI models: The AI Act requires advanced AI models...
06
Jul
Long list of downstream products added to carbon border adjustment mechanism (CBAM)
Tougher anti-circumvention rules to prevent abuse
A temporary decarbonisation fund to protect EU firms in export markets
Environment Committee MEPs have backed extending the EU's carbon border adjustment mechanism to downstream goods and setting up a fund to support industry's low-carbon transition.
The Committee on the Environment, Climate and Food Safety adopted its position on proposed changes to the CBAM by 56 to 11, with 12 abstentions.
The MEPs...
06
Jul
Interview with Les Échos conducted by Guillaume Benoit and Christophe Jakubyszyn on 24 June 2026
On 11 June, the ECB raised its key interest rates. Do you still think that was the right decision, given that just ten days later Iran and the United States agreed a 60-day ceasefire?
We are confident that we made the right choice. As early as April, a large majority of Governing Council members were already prepared to take a decision. But at that point we...
02
Jul
Policy choices will determine whether tokenized finance strengthens or fragments the financial system.
Tokenization is often described as a technological upgrade enabling faster settlement, cheaper payments, and programmable assets. But it is a lot more.
When financial assets and liabilities move onto shared digital ledgers, the structure of the financial system itself changes. Processes that today occur sequentially — execution, clearing, settlement —can now happen simultaneously, governed by software rather than institutional processes. Risk could migrate away from the balance sheets...
01
Jul
Across the OECD area, the share of science and engineering professionals reached 3.7% of the workforce in 2024; information and communication technology (ICT) professionals grew to 3.1%. R&D personnel in turn rose to almost 1.6%.
The professional science, technology, engineering and mathematics (STEM) workforce has continued to grow across OECD and EU economies, according to the latest data from the Research and Innovation Careers Observatory (ReICO). The share of science and engineering (S&E) professionals rose from 3.2 to 3.7% of total employment across...
30
Jun
What quotas have been put in place on steel imports into the EU and whom do they concern?
The EU's steel measure, which enters into application on 1 July 2026, reduces duty-free imports of 26 categories of steel products into the EU by an average of 47% as compared with the quotas under steel safeguard. As of 1 July 2026, a total of 18.3 million tonnes of steel will be allowed to enter the EU duty-free each year. Today's implementing...
30
Jun
Place-based policies offer regions left behind by globalization a path beyond economic populism.
One of the most firmly held beliefs in economics is that free trade is good for humanity. Yet that confidence in the economic virtue of open markets can blind the profession to the complications of deep global economic ties. When in the 1990s the world leapt into frenzied globalization, policymakers touted the potential efficiency gains but gave short shrift to possible painful distributional consequences. Those consequences have...