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Transatlantic News
Transatlantic News
22
Jan
Thank you, President Metsola, dear Roberta,
Mister President of the European Council, dear António,
Honourable Members,
It is a pleasure to join this Plenary debate with President Costa for the first time. And I would like to start by thanking you, dear António, for the excellent cooperation between us in the first weeks of our common mandate. We are only three weeks into 2025, but the glimpse is already there of the change that is coming to global politics. We have entered...
21
Jan
'Check against delivery'
Lieber Klaus Schwab,
Liebe Karin Keller-Sutter,
Your Majesties,
Presidents,
Prime Ministers,
Excellencies,
Ladies and Gentlemen,
The first quarter of the century has come to an end. And it has brought about a sea-change in global affairs. This century started with great expectations. 25 years ago, the era of hyperglobalisation was nearing its peak. As supply chains went global, hundreds of millions of people were being lifted out of poverty, especially in India and China.
In America, the dot-com boom was at its height, symbolising the...
21
Jan
20 January 2025, New York -- Statement on behalf of the European Union and its Member States by H.E. Ambassador Stavros Lambrinidis, Head of the Delegation of the European Union to the United Nations, at the Joint Briefing by the Presidents of the General Assembly and the the Economic and Social Council.
Presidents, colleagues,
I have the honour to speak on behalf of the European Union and its Member States.
The Candidate Countries North Macedonia, Montenegro, Albania, Ukraine, the Republic of Moldova, Bosnia and...
21
Jan
Thank you. Good evening, everyone.
The Eurogroup had a very useful discussion on economic policy priorities for the euro area, which showed a high degree of convergence, and alignment with the agenda of the new commission.
While we have successfully navigated a period of significant challenges in recent years, demonstrating a remarkable degree of economic resilience, the euro area continues to be confronted with significant structural challenges.
Productivity growth has been slow for too long in the euro area, and euro as...
21
Jan
During her tenure as Commerce Secretary, Gina Raimondo oversaw more than $90 billion invested in targeted programs to safeguard U.S. national security, spur innovation, stimulate job creation in good-paying careers, and bolster U.S. competitiveness.
Washington, D.C. — Under the Biden-Harris Administration and U.S. Secretary of Commerce Gina Raimondo’s leadership, the Department of Commerce took a new approach to economic policy to turn the agency into an engine of innovation and growth. With transformational investments to enhance U.S. competitiveness, Secretary Raimondo worked...
17
Jan
Stronger Together
European Council President António Costa and European Commission President Ursula von der Leyen look forward to positive engagement with the incoming US Administration. In a rough world, the EU & US are stronger together.
The Middle East
We welcome the ceasefire and hostage release agreement in Gaza. Hostages will be reunited with their loved ones and humanitarian aid can reach civilians in Gaza. This brings hope to an entire region, where people have endured immense suffering for far too long.
California...
17
Jan
Blog post by Pierre-Olivier Gourinchas | We project global growth will remain steady at 3.3 percent this year and next, broadly aligned with potential growth that has substantially weakened since before the pandemic. Inflation is declining, to 4.2 percent this year and 3.5 percent next year, in a return to central bank targets that will allow further normalization of monetary policy. This will help draw to a close the global disruptions of recent years, including the pandemic and Russia’s...
16
Jan
Today, the U.S. Department of Commerce has announced that CHIPS National Advanced Packaging Manufacturing Program (NAPMP) has finalized $1.4 billion in award funding to bolster U.S. leadership in advanced packaging and enable new technologies to be validated and transitioned at scale to U.S. manufacturing. These awards will help establish a self-sustaining, high-volume, domestic, advanced packaging industry where advanced node chips are both manufactured and packaged in the United States.
These awards include:
A total of $300 million under the CHIPS...
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