European Union

Podcast: Ahead of the ECB Expected end of QE and implications for markets

Podcast: Ahead of the ECB

Expected end of QE and implications for markets

Marcin Stepan, deputy head of meetings at OMFIF, is joined by Francesco Papadia, fellow at Bruegel and former director general for market operations at the European Central Bank, and Alexander Petrov, assistant vice-president of policy and research in the official institutions group of State Street Global Advisors. They discuss the potential outcomes of the December 2018 ECB monetary policy meeting being held tomorrow in...

http://www.allaboutshipping.co.uk/2018/12/12/podcast-ahead-of-the-ecb-expected-end-of-qe-and-implications-for-markets/

EU safeguard measures with Asian countries

End November, a provisional agreement on a proposal to include safeguard measures in trade agreements was reached by the EU Presidency and European Parliament representatives.

Such bilateral measures linked to trade agreements will allow for the temporary withdrawal of tariff preferences and are intended to protect a particular domestic industry from an increase in imports of any product which is causing, or which risks causing, serious injury to that industry. Such clauses are included in most...

http://container-news.com/eu-safeguard-measures-third-countries/

AKK’s rise: France, euro repercussions, City Lecture with Vítor Constâncio

Commentary: AKK’s rise – France, euro repercussions

By David Marsh in London

Annegret Kramp-Karrenbauer, the new leader of Germany’s principal governing party, faces a complex struggle to impose her will on her fractious Christian Democratic Union. She will pursue a more conservative path in key areas compared with still-Chancellor Angela Merkel. This has consequences for policies to stabilise the euro. ‘AKK’ is a long-time Merkel ally and, more recently, her designated successor. How well she...

http://www.allaboutshipping.co.uk/2018/12/10/akks-rise-france-euro-repercussions-city-lecture-with-vitor-constancio/

HFW Briefing: The Geo-Blocking Regulation – is your business compliant?

Anthony Woolwich

From 3 December 2018, businesses operating in the EEA need to comply with the new Geo-Blocking Regulation.

In general, the Regulation prohibits businesses from unfairly discriminating against consumers or other businesses on the grounds of nationality, place of residence or place of...

http://www.allaboutshipping.co.uk/2018/12/05/hfw-briefing-the-geo-blocking-regulation-is-your-business-compliant/

The Bulletin: Up in the air

December 2018 Vol.9 Ed.11
The state of globalisation
From the UK’s Brexit challenge and US unilateralism, to trade wars and European immigration concerns, the unifying theme that preoccupied liberal policy-makers in 2018 was the political threat to economic globalisation and how best to share the benefits of an interconnected world.

For the last Bulletin of 2018, we invited contributors to review the state of globalisation. They address the increased importance of the regulatory component in...

http://www.allaboutshipping.co.uk/2018/12/01/the-bulletin-up-in-the-air/

BPA responds to EU/UK political declaration

Commenting on political declaration on the future relationship between the UK and the EU, Richard Ballantyne, Chief Executive of the British Ports Association said:

“The British Ports Association was supportive of the aspirations of the Government’s “Chequers” proposals over the summer as it committed to an agreement that ensured frictionless trade. This was to be achieved by agreeing a common rulebook with the EU, meaning there would be little or no need for new cumbersome regulatory checks at...

http://container-news.com/bpa-responds-eu-uk-political-declaration/

EU’s trade agreement with Asian countries

If approved by the European Parliament, the EU – Singapore Free Trade Agreement, the EU – Vietnam Trade and Investment Agreement, and the EU – Japan Economic Partnership Agreement will enter in force in 2019.

With these three agreements, most of tariffs on products will be removed either immediately after entry into force, or within a number of years (from 3 to 20 years, depending on the country and the product). Products can benefit from preferential tariff treatment of these agreements upon...

http://container-news.com/eu-trade-agreements-asian-countries/

Five options if UK rejects May deal, Balancing the roles of the ECB

UK PM Theresa May

Commentary: Five options if UK rejects May deal

By Charles Grant in London

UK Prime Minister Theresa May has clinched her deal with the European Union and persuaded most of her cabinet to support it. But after EU leaders sign off the deal at a summit on 25 November, May has promised the House of Commons a ‘meaningful vote’; it is hard to see how she can win it. However, even if May falls, the arrival of a new Conservative party leader would not change the parliamentary arithmetic...

http://www.allaboutshipping.co.uk/2018/11/19/five-options-if-uk-rejects-may-deal-balancing-the-roles-of-the-ecb/

Fisheries ministers disregard their legal obligation to end overfishing by 2020 in the deep sea

Brussels, 19th November 2018 – Seas At Risk is deeply disappointed by the decisions on fishing limits for deep sea fish stocks for 2019-2020 taken by the Fisheries’ Council of Ministers tonight. This was the very last opportunity fisheries ministers had to end overfishing of deep sea species by 2015 or at the latest by 2020, as legally required under the Common Fisheries Policy. However, the ministers failed to achieve this.

Andrea Ripol, Policy Officer of Seas At Risk said: “The ministers...

http://www.allaboutshipping.co.uk/2018/11/19/fisheries-ministers-disregard-their-legal-obligation-to-end-overfishing-by-2020-in-the-deep-sea/

EU is doing Asia-deals as trade war deepens

As President Donald Trump throws global relationships into turmoil in pushing his “America First” agenda, Southeast Asia’s biggest economy has seen an opening to increase its European trade ties.

The EU has recently pulled off trade agreements with Vietnam, Japan, Singapore, Canada, across Africa and even Cuba and is actively negotiating deals with Mexico, Australia, New Zealand, China and the Philippines. A deal with Indonesia would boost two-way trade by $4 billion a year — there was $30...

http://container-news.com/eu-asia-deals-trade-war-deepens/

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