Transatlantic News

Transatlantic News
20
Nov
Making a List & Checking It Twice! Planning to do some holiday shopping on Black Friday? Did you know that toys manufactured in the EU are required to comply with high safety standards, and that the U.S. is one of Europe's most important trading partners for toys?
For more information click here.
For further readings click on fallowing links:
European Commission: Toys
European Toy Safety Campaign
20
Nov
The Federal Reserve Board (Board) and the Consumer Financial Protection Bureau (CFPB) today announced increases in the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) for exempt consumer credit and lease transactions. These increases are consistent with the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) amendments to the Truth in Lending Act and the Consumer Leasing Act to adjust these thresholds annually by the annual percentage increase in the Consumer Price...
20
Nov
On November 13, the Financial Stability Oversight Council (FSOC) voted unanimously to advance its report entitled "Proposed Recommendations Regarding Money Market Mutual Fund Reform." FSOC was established by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) to identify risks to the financial stability of the United States, to promote market discipline, and to respond to emerging risks to the stability of the United States' financial system.
To read more click here.
For further resources on the Dodd-Frank Act,...
14
Nov
Financial stability in 2012 – an overview
The risks to the German financial system remain high. The European sovereign debt crisis is still largely dictating the risk situation, having broadened in the course of 2012 and come to a head at various points in the year. On several occasions, doubts were even cast over the long-term survival of European monetary union. Spain and Italy – two major economies – have increasingly been drawn into the crisis. Crisis management measures have...
13
Nov
THE CITY OF NEW YORK
OFFICE OF THE MAYOR
To reduce wait times and lines at gas stations throughout New York City, Mayor Michael R. Bloomberg today signed an emergency order to alternate the days during which drivers may purchase gasoline. All diplomatic and consular vehicles are subject to this order, which establishes the following:
· On even number days, vehicles with license plates ending in an even number or the number “0” can purchase motor fuel.
· On odd number days, vehicles with either: (1)...
08
Nov
The OECD, WTO and UNCTAD have called on G20 governments to step up efforts to resist protectionism in the face of continuing high unemployment and a weak economic recovery.
In their eighth report to the G20, the organisations say that strengthened multilateral co-operation is needed and urge countries to show leadership in keeping markets open.
Readings:
Read the News release.
Read the Report.
Read the Freedom of investment at the OECD.
07
Nov
Leaders of the European Union today congratulated President Barack Obama on his re-election as President of the United States of America.
"The United States is a key strategic partner of the European Union and we look forward to continuing the close cooperation established with President Obama over these last four years, to further strengthening our bilateral ties and to jointly addressing global challenges, including in the fields of security and economy," said European Council President Herman Van Rompuy and European...
07
Nov
The Deutsche Bundsbank Representative office here in New York made available the speech by Dr. Andreas Dombret Member of the Executive Board, presented November 2 at Columbia University.
Other Chapter News






