Transatlantic News

Transatlantic News
18
Sep
Miroslav Lajčák hopes that under his presidency the United Nations General Assembly will overcome narrow national interests and produce tangible benefits for people.
“My hope is that the 72nd session of the General Assembly will be a good one, a productive one that will result in many concrete solutions to the world’s problems,” Mr. Lajčák told UN News ahead of the session’s opening today.
The career diplomat from Slovakia, who was elected by the 193-member Assembly as its President, highlighted two of the...
15
Sep
A high-level delegation of the European Union will attend the ministerial week of the 72nd United Nations General Assembly, starting on 18 September in New York.
The EU representatives will participate in a large number of events at the United Nations and meet with world leaders, reflecting the European Union's engagement as a force for positive change, in support of multilateralism and a rules-based global order. The level and breadth of the EU's participation illustrates the strong cooperation between the...
13
Sep
The State of the Union 2017: Catching the wind in our sails
European Commission President Jean-Claude Juncker today delivered his 2017 State of the Union Address, before the Members of the European Parliament in Strasbourg, presenting his priorities for the year ahead and outlining his vision for how the European Union could evolve by 2025 (see full speech). He presented a Roadmap for a More United, Stronger and More Democratic Union (see Roadmap Factsheet).
European Commission President Jean-Claude Juncker said today: "The wind is back...
11
Sep
At today’s (September 7, 2017) meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council expects the key ECB interest rates to remain at their present levels for an extended period of time, and well past the horizon of the net asset purchases.
Regarding non-standard monetary policy measures,...
08
Sep
The Fifth progress report on the Partnership Framework on Migration, presented today by the Commission and the High Representative, shows that measures put in place to better manage migration along the Central Mediterranean Route and with partners in Africa are starting to bear fruits.
The number of tragic deaths at sea has significantly decreased over the summer months, alongside a substantial reduction in the number of migrants crossing the Central Mediterranean. Jointly with the International Organisation for Migration (IOM), the...
07
Sep
EU Trade Commissioner Cecilia Malmström today announced that the EU will launch an international Alliance for Torture-Free Trade.
The initiative – a joint effort with Argentina and Mongolia – aims to end the trade in goods used for capital punishment and torture and will be formally launched on 18 September during United Nations General Assembly week in New York.
The Alliance for Torture-Free Trade is a global effort by countries from all over the world to stop the trade in goods...
06
Sep
Starting a city-to-city cooperation
Cities in the member states of the European Union who wish to exchange with a city facing similar challenges in another global region are encouraged to apply by 21 September 2017 for the International Urban Cooperation (IUC) city-to-city cooperation programme on sustainable urban development. The programme aims to foster links between EU cities and those in Latin America and the Caribbean, India, Japan, North America, and Asia. Through the programme, local leaders will be able to connect and...
06
Sep
by Marie-Elisabeth de la Serve and Laurent Ferrara
Since the vote on Brexit, the UK economy has shown resilience. However, due to the historically low level of savings rates, investment uncertainty and inflationary risk, we can ask ourselves whether the current growth model of the UK economy is sustainable over the short term.
The macroeconomic adjustment that followed the shock triggered by the referendum first took place via the exchange rate: the sterling depreciated in real terms by 15% between May 2015 (the date...
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