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EDUCATES

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TRANSATLANTIC NEWS

Chapter News, News

IMF | War Darkens Global Economic Outlook and Reshapes Policy

Blog | The Middle East conflict halted growth momentum. The right policies and stronger global cooperation are needed to contain the damage.   Despite major trade disruptions and policy uncertainty, last year ended on an upbeat note. The private sector adapted to a changing business environment, while powerful offsets came from lower US tariffs than originally announced, some fiscal support, and favorable financial conditions coupled with strong productivity gains and a tech boom. Despite some downside risks, the momentum was...
Chapter News, News, Trade & TTIP Related

European Council | Council and European Parliament Strike Deal to Protect EU’s Steel Industry from Global Overcapacity

Today, the Council presidency and the European Parliament have reached a provisional agreement on a regulation aimed at addressing the negative trade-related effects of global overcapacity on the EU steel market. The regulation will introduce a new framework to protect the EU steel sector from global excess production and trade diversion, while ensuring that the measure remains compatible with the EU’s international trade obligations and sufficiently flexible for economic operators, including downstream industries. It will replace the current EU steel safeguard...
Chapter News, News

European Commission | Commission consults Member States on proposal for a Temporary Crisis Framework

The European Commission is gathering the views of Member States on a draft proposal for a State aid Temporary Crisis Framework to support the EU economy in the context of the Middle East crisis, as announced on 13 April 2026 by President Ursula von der Leyen. The draft proposal is based on Article 107(3)(c) of the Treaty on the Functioning of the EU, which allows aid to develop specific economic sectors also in view of specific unexpected economic risks. The Commission is consulting Member States...
Chapter News, News, Trade & TTIP Related

IMF | Cushioning the Middle East War Shock

Speech by IMF Managing Director Kristalina Georgieva at the 2026 Spring Meetings in Washington, DC Good morning. A resilient world economy is being tested again by the now-paused war in the Middle East. The conflict has caused considerable hardship around the globe. My heart goes out to all people affected by this war and all wars. When we welcome ministers and central bank governors to our Spring Meetings next week, our focus will be on how best to weather this latest shock and...
Chapter News, News

ECB | Europe’s Fossil Fuel Dependence Poses Risks to Price Stability

Blog | Europe’s energy dependence increasingly complicates the task of maintaining price stability. Meeting the continent’s clean‑energy targets would weaken the link between volatile global markets and domestic prices. Crucially, the tools to make this transition are already within reach. Europe’s energy dependence has become one of the critical vulnerabilities of our economy. Recent energy price shocks have transferred vast resources out of Europe, prompted emergency interventions and strained public finances. These costs are real, recurring and largely wasted. Energy policy...
Chapter News, News

World Bank | Joint Statement by the Heads of the International Energy Agency, International Monetary Fund, and World Bank Group

 The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group have agreed to form a coordination group to maximize their institutions’ response to the energy and economic impacts of the war in the Middle East. They issued the following joint statement: The Middle East war has caused major disruptions to lives and livelihoods in the region and triggered one of the largest supply shortages in global energy market history. The impact is substantial, global, and highly...

UPCOMING EACC EVENTS

How AI is Driving the Future of Life Sciences Markets

Life sciences companies are using AI to speed up drug discovery, accelerate commercialization timelines, and improve back-office functions. The strong AI market in the U.S. has allowed for collaborations between AI-focused tech companies, life sciences companies, and universities. However, limitations around centralized data availability have made for challenges with deploying technology for clinical and commercial purposes. Europe has unique advantages due to many countries having centralized health data stores, collaborative networks, and strong public funding for research. As we have seen increased investment for companies utilizing AI to improve patient outcomes, life sciences companies who can unlock cross-border collaborations in the AI space may have an edge to tap into capital markets.

    PARTNER EVENTS

    Canadian Energy, Infrastructure and Critical Minerals Update: Opportunities for US Investors

    Hosted by Benett Jones | Canada continues to attract significant domestic and international capital across a broad range of asset classes. This session will explore the evolving investment landscape, highlighting opportunities across traditional and next-generation infrastructure, energy and resource development projects that are shaping North American and global economic futures.

    Webinar | DORA & NIS2: Navigating Cyber Resilience Regulations

    Hosted by Noerr | Join us for an insightful webinar exploring the practical challenges and opportunities arising from the implementation of DORA and NIS2. Whether you are advising financial institutions navigating DORA compliance, helping essential or important entities understand their NIS2 obligations, or seeking clarity on where the two regimes overlap - this webinar brings together leading legal practitioners from across Europe to share their expertise and insights.

      MEMBER NEWS

      Member News, News

      EIB | President Calviño: Investing in a Shared Future

      Speech by EIB Group President Nadia Calviño  at Brookings Institution, on "Investing in a shared future" in Washington DC, during the 2026 World Bank Group-IMF Spring Meetings. Thank you very much for joining us this afternoon. Thank you very much to the Brookings Institution for organising this debate and generally for providing a space, a forum for people to debate, to discuss, to exchange views and to try to build a better, a stronger, a more peaceful future for all of us. It...
      Member News, News, Trade & TTIP Related

      Troutman Pepper Locke | CBP Issues Guidance on IEEPA Duty Refunds via New CAPE Process: What Importers Must Do Before April 20

      U.S. Customs and Border Protection (CBP) has issued operational guidance for obtaining refunds of duties paid under the International Emergency Economic Powers Act (IEEPA), implementing a new electronic process through the Consolidated Administration and Processing of Entries (CAPE) tool in the Automated Commercial Environment (ACE) Secure Data Portal (ACE Portal). Beginning April 20, 2026, CAPE will be the exclusive mechanism for submitting IEEPA refund claims for entries that include at least one dutiable IEEPA Harmonized Tariff Schedule of the United States...
      Member News, News, Uncategorized

      IPTI | Property Tax in the News – April 2026

      IPTI’s usual monthly newsletter – the “President’s Message” – contains, inter alia, some summarised news articles from around the world. This IPTI publication – “Property Tax in the News” – contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles – from North America, Europe and around the globe – can be found in...
      Member News, News

      CILC | Pre-Merger Notification: States in the U.S. v. EU Member States

      Key Differences and Requirements Both the United States and the European Union require mandatory pre-merger notification for significant transactions, but their frameworks, criteria, and the role of subnational jurisdictions (states or member states) differ in several important ways. United States States are increasingly introducing broad pre-merger notification rules in addition to the federal Hart-Scott-Rodino (HSR) Act. Many state regimes mirror or modestly expand upon federal triggers and requirements: Key Features Notification Triggers: Mergers reportable under the federal HSR Act are typically triggered...
      Member News, News

      Curl Translations | AI in Translation: Risks, Limitations, and Best Practices

      AI in Translation: Risks, Limitations, and Best Practices As artificial intelligence reshapes global business operations, its role in multilingual communication is expanding rapidly. From internal documentation to cross-border contracts and marketing campaigns, AI translation tools promise speed, efficiency, and cost savings. However, for organizations operating across jurisdictions and cultures, understanding the limitations of these tools is essential. A professional review of AI translations is recommended to mitigate risk, ensure accuracy, and protect business outcomes. Benefits of Using AI in Translation For companies...
      Member News, News, Trade & TTIP Related

      Barnes & Thornburg | IEEPA Tariff Refunds: An Update

      In a previous alert, we reported that the U.S. Supreme Court had found President Donald Trump’s tariffs issued under the International Emergency Economic Powers Act (IEEPA) to be illegal. We subsequently reported that the U.S. Court of International Trade (“the Court”), in an effort to implement the Supreme Court decision, had ordered U.S. Customs and Border Protection (CBP) to issue refunds “automatically” to importers that previously paid IEEPA duties to CBP. In recent days, there have been significant developments: • The U.S. Court of International...

      Latest & Leading

      EACCNY Team returns from Meetings with EU Commission & EU Parliament in Brussels

      We had very fruitful discussions about the future of transatlantic trade, EU-US relations and various other issues that affect businesses on both sides of the Atlantic. The fact remains that Europe and the United States are each others most important trading partners.

       

      Member Spotlight

       

      The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States, with assets of $560 billion as of December 31, 2024. PNC is a coast-to-coast franchise with an extensive retail branch network and a presence in all of the United States’ 30 largest markets. PNC also has strategic international offices in four countries outside the U.S. With roots going back to 1865, PNC provides retail banking, including residential mortgage, corporate and institutional banking, and asset management to individuals, institutions and businesses of all sizes.

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      EACCNY in Numbers

      Other EACC Chapters

      EACCNY Presidential Circle and Platinum Members

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