Businesses face a state of play where the rules are constantly shifting and unintended consequences are making it harder to compete.
Ability to set political disagreements aside in order to advance trade is a hallmark of pragmatic leadership. On November 3, president of Russia Dimitry Medvedev addressed the business leaders gathered in Cannes for G20 discussions and indicated that his country within days will have achieved all
NOTE: With over a trillion dollars invested by U.S. companies in Europe, no wonder policymakers are very focused on the European debt crisis. Joining us today as a guest blogger is Dan Cohen, Managing Director and Head of Government Relations, of DTCC to illustrate the importance of transatlantic
On July 9, senior representatives of the ministries of finance and central banks of G20 countries will meet again to discuss further policy coordination. They will of course spend time on the critical state of public finance in advanced economies and the inflationary pressures in the surplus emerg
At their meeting in Paris on February 18-19, ministers of finance and central bank governors of G20 major economies discussed their bread-and-butter issues related to the stressed monetary system and the interplay between public finances and private financial markets. In addition, they had to deb
On February 18 Secretary of the Treasury Timothy Geithner will join his counterparts from the G-20 countries in Paris to discuss the implementation of the ambitious global agenda that was last affirmed at the G-20 Summit in Seoul.
In response to the financial crisis, each member of this group of
News this week out of Moscow is that the United States and Russia will cooperate more closely on civilian nuclear power. The two countries entered into force Agreement for Cooperation in the field of Peaceful Uses of Nuclear Energy (or what is more commonly known as the “123 Agreement”) The U.S.
A few dozen CEOs and owners of major American and Russian companies got together yesterday at the Chamber’s storied Hall of Flags to do something that they usually don’t do -- sincerely praise their respective governments. Even before Presidents Obama and Medvedev strolled in the room and took the
In the run up to the meeting of the G20 Heads of State in Toronto on June 26, Germany’s Chancellor, Angela Merkel, and France’s President, Nicolas Sarkozy agreed to send a joint letter to the chair, Prime Minister of Canada Steven Harper, to request that G-20 produces a study of a global banking le
On April 28-29, 2010 the presidents of the most representative business associations from major economies met in Ottawa to exchange views about the direction of public policies across G20 countries. The declaration agreed upon at that meeting reflects key concerns that cut across the board: the way
As the U.S. Congress lumbers through various proposals for the financial sector reform, on the other side of the Atlantic, the turmoil around Greek and other sovereign debt is spurring the European Parliament to debate policy actions on "efficient, safe and sound derivates market". What’s notable a
There is much concern in the financial and political circles about the difficulties with Euro due to the deficits in Greece, Spain, Portugal and several other members of the Euro-zone. While governments are talking brave about tightening their belts, it was interesting to hear President of the Span
On November 18, Chairman of the House Foreign Affairs' Subcommittee on Asia, the Pacific and the Global Environment Eni FH Faleomavaega and the Ranking Member of the House Committee on Armed Services Howard P. "Buck" McKeon jointly kicked off the Caucus on Central Asia. In their joint "Dear Colleag
This week in Washington should become part of the European lore. The Obama Administration’s first US-EU Summit on November 3 took place at the same time as the Chancellor of Germany Angela Merkel became the first Chancellor to address both chambers of the U.S. Congress in 50 years. At virtually the
On Thursday I posted on the Irish referendum to approve the so-called Lisbon Treaty of the European Union -- the results are in:
Irish voters have removed the single greatest barrier to regionwide adoption of the Lisbon Treaty, which would further integrate the European Union -- the world's larges
Today the Irish voters are holding a referendum on the so-called Lisbon Treaty of the European Union that would mark the next step in European integration. After a period of substantial enlargement and consolidation of the single market of half a billion people, the European Union is getting ready
Yesterday, the German Marshall Fund published a new interesting study, Transatlantic Trends: Key Findings 2009. You may access the study here: www.transatlantictrends.org/trends/
On August 31st, Bruce Stokes previewed the economic aspects of the study for our members. Some numbers to note are: more
As all across U.S and Europe government intervention has sent clunkers on their way to the scrap yards, the consumers would surely appreciate more focus on the next generation of transport technology. One of the most promising areas of Transatlantic cooperation is suggested in a recent letter by th
While the Consumer Product Safety Improvement Act (CPSIA) of 2008 has caused great confusion here at home the end of August brings a valuable contribution by the U.S. Government Accounting Office (GAO) to transatlantic regulatory cooperation. As part of detailed report mandated by the US Congress i
A few weeks ago I posted on the one year anniversary of the hostilities between Russia and Georgia, which generated some good comments. A common theme was the suggestion that the Russian economy, and the companies doing business there would benefit from regional economic integration around specific
// Gary Litman responds to comments here.
This week marks the first anniversary of the hostilities between Russia and Georgia. Geopolitical concerns aside, the flare up in the Caucasus triggered off a powerful blow to Russian investment reserves as foreign investors pulled their money out of the co
President Obama met with German Chancellor Angela Merkel last week. The Chancellor expressed her strong belief that in times of economic crisis transatlantic regulatory cooperation can set more efficient rules for the capital markets and reduce the costs of bureaucratic burden in the "real" economy
The magnitude of the efforts required to return to economic growth has focused the minds of policy-makers. Setting aside various intricacies of diplomatic protocol and country pecking order, the Financial Stability Forum (FSF), which brings together central banks, supervisory authorities and financ