Where Europeans & Americans Connect to do Business |
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September 2020 NEWSLETTER |
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A Message from the President |
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Alan Sutin, President EACC Florida |
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NEW SPEAKERS ANNOUNCED !
Wednesday September 16, 2020
Trade Disputes, Steel, Bags and Wine
How the US tariffs are Impacting Transatlantic Trade
In 2018, the US set import tariffs on steel and aluminum from China and the EU. In 2019, further tariffs were imposed on EU goods such as wine, cheese, motorcycles, luxury items. On July 16, 2020, in reaction to France’s plan to impose a Digital Service Tax on e-commerce companies, the United States Trade Representative threatened to impose additional duties of 25% as of January 2021 on products from France such as handbags, make-up and soap.
Join us to find out how these duties are impacting trade between the US and Europe, how affected industries and companies are handling this, and dive into what local impact looks like with the example of Florida, a trade hub into Latin America.
SPEAKERS:
● Francisco Garzon: Trade Commission of Spain in Miami
● Peter Quinter: Shareholder, GrayRobinson, Miami
● Laura Siegel Rabinowitz: Shareholder, Greenberg Traurig, New York - Moderator
● Lynn Usdan, Senior Vice President, Ethics and Compliance/Corporate Affairs, LVMH Moët Hennessy Louis Vuitton Inc., New York
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DATE/TIME
Wednesday September 16, 2020
11.00 AM - 12.00 PM EDT I 5.00 PM CET - 6.00 PM CET
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LOCATION
Your Computer or Connected Device
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NEW SPEAKERS ANNOUNCED !
Tuesday October 6, 2020
Building the 21st Century Workforce with Innovative Apprenticeships
Pre-Pandemic studies have shown that in the United States there will be a shortage of 3.4 million workers in the next 10 years. This number might be exacerbated by the COVID-19 crisis on the US economy and the medium-to-long term effects of school and college closures and distance-learning on America’s future workforce. Advanced manufacturing is already confronted to an underqualified workforce and hundreds of thousands of unfulfilled jobs.
Looking to the world-class benchmark standards of the dual education systems in Germany, Switzerland and Austria, which blend academic theory with practical hands-on learning, apprenticeship programs are increasingly part of the work-force development solution in the United States in particular in the high-tech industries.
From the Space Coast of Florida to the manufacturing hubs of Ohio and The Carolinas, hear from some of the world leaders in technical education and from global companies that have successfully integrated these innovative apprenticeship programs into their work-force development.
This program will be graced by the presence of the Consul General of Germany in Florida, in honor of the German Presidency of the European Union.
SPEAKERS:
● Andreas Siegel, General Consul of the Federal Republic of Germany for Florida – Miami (FL)
● Andreas Brockman, Head of Technical Training and Education USA - Festo Didactic - Mason (OH)
● Robert Ellis, HR Team Lead Supervisor Training and Apprenticeship - ZF Group – Gray Court (SC)
● Kai Schmidt, Director Human Resources & Facilities – Airbus OneWeb Satellites and Chairman and Co-Founder of the SCCAP – Merit Island (FL)
● Moderator to be announced
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DATE/TIME
Tuesday, October 6, 2020
11.00 AM - 12.00 PM EDT I 5.00 PM CET - 6.00 PM CET
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LOCATION
Your Computer or Connected Device
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This program is brought to you by |
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Climate Financing - Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for $61.6 billion in 2019, of which $41.5 billion (67%) was in low- and middle-income economies. Read more
Lack of Human Capital is Holding Back Latin America’s Growth - In 1990, Latin America's average GDP per capita was a little over the USA's income level while emerging and developing Asian countries' GDP per capita was only 5%. In 2019, Asian countries had grown fourfold, but Latin America was still at the same level. Read more.
Results of the Q3 2020 ECB Survey of Professional Forecasters - Respondents to the ECB Survey of Professional Forecasters (SPF) for the third quarter of 2020 reported point forecasts for annual HICP inflation averaging 0.4%, 1.0% and 1.3% for 2020, 2021 and 2022, respectively. Read more.
European Banks To launch New European Payment Solution - The European Central Bank welcomed the decision by 16 European banks to launch the European Payments Initiative which will create a unified payment solution for consumers and merchants across Europe, encompassing a payment card and a digital wallet and covering in-store, online and person-to-person payments as well as cash withdrawals. Read more
US Federal Reserve highlights research and experimentation undertaken to enhance its understanding of the opportunities and risks associated with central bank digital currencies - Technological innovations inspire new ways to think about money. Consistent with its role in promoting a safe, accessible, and efficient U.S. payment system, the Federal Reserve is engaged in ongoing research and experimentation with the latest payment technologies. Read more.
Car Industry: New Rules on Safer and Cleaner Cars To Apply across Europe - The new rules which start being applied on August 31, improve the quality and independence of vehicle type-approval and testing, increase checks of cars already on the EU market and strengthen the overall system with greater European oversight. Read further.
Data Protection: EU and US Initiate Discussions on Enhanced Privacy Shield. Read more
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OECD presents international tax update to G20 Finance Ministers - OECD Secretary-General Angel Gurría briefed the G20 Finance Ministers today on ongoing negotiations to address the tax challenges of digitalization and on recent international tax developments. Read more
The WTO multi-party interim appeal arrangement gets operational - With the appointment of the ten arbitrators who will hear appeals of WTO panel reports under the MPIA, the final step to make the MPIA operational for disputes between the participants has been reached. While the EU and 22 other WTO members - excluding the US - are participants in this arrangement. Read more
USTR Modifies WTO Award Implementation Relating to Illegal Airbus Subsidies - The USTR has issued a modification to the list of products subject to WTO-authorized additional duties in the United States’ WTO challenge to subsidies for large civil aircraft provided by the European Union, France, Germany, Spain, and the United Kingdom. Read more.
Joint Statement of the United States and the European Union on a Tariff Agreement - The USTR and EU announced agreement on a package of tariff reductions that will increase market access for hundreds of millions of dollars in U.S. and EU exports. These tariff reductions are the first U.S.-EU negotiated reductions in duties in more than two decades. Read further.
Unleashing Youth Potential - August 11th is International Youth Day. Read about why the EU finds it important to give voice to the young people and how it plans to empower them to better address the challenges of the future. Read more.
List of Thresholds for Shareholders Published - The European Securities and Markets Authority (ESMA), the EU’s securities and markets regulator, published a document listing the thresholds above which shareholders can be identified in the various Member States of the European Union (EU). Read further.
EU Trade Commissioner Phil Hogan Resigns - Statement by European Commission President Van der Leyen. Read here.
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EACC #COVID-19 IMPACT STORIES |
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Hear from CEOs, diplomats and high-level executives about how the health crisis is affecting them, their business and what recovery looks like to them. |
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EACC Florida
MEMBERS and PARTNERS INSIGHTS
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Regulation of Artificial Intelligence in the EU: A Status Update - Whereas privacy and data protection have been the hot topics over the past two years, artificial intelligence (AI) looks to be the next big thing. Within the European Union, the European Commission (EC) leads the response to such call, as it has the sole responsibility of drafting proposals for new EU-wide legislation. This blog post provides key insights into recent developments concerning AI regulation from the EC. Read more.
Compliments Greenberg Traurig
Regulations to Watch into 2021 - Financial services firms – irrespective of whether they are banks, brokers, intermediaries, asset managers or asset owners – are seeing some postponements, but no real reduction in the volume, of regulatory change impacting their global businesses into 2021. Listen to this 2020/21 Regulatory Outlook webinar for an overview of the potential challenges and opportunities that the future changes may present. Watch now.
Compliments HSBC
Changes to LP Legislation Expected to Boost Funds Migrating to Jersey - The new legislation, which came into force in July, makes it quicker and easier to move a fund and keep it as the same legal entity. The tweaks to the legislation will enable lawyers to give a solid legal opinion as to the validity of the migration of a limited partnership into Jersey from elsewhere - providing greater legal certainty for managers and investors. Read more.
Compliments TMF Group
PANDEMIC: Solar is surprising itself with a rebound - After staring into the abyss during the coronavirus lockdowns earlier this year, the solar industry is a bit startled to find itself thriving again. There's still plenty to worry about, with a recession and pandemic raging, and there's a very real threat that customers and investors could flee at any time. But many are seeing the outlines of a healthy, but altered, normal. Read more.
Compliments Origis Energy
Employer Back to School Guide - Employees with school-aged children are quickly learning that back to school will not be a return to normalcy. Most schools are implementing modified education plans to provide for student and teacher safety in light of COVID-19 concerns. Plans include mandatory and optional remote learning and hybrid models of in-person and remote learning. This practical summary is intended to help employers understand their obligations under the law and provide strategies for meeting business needs during the Fall semester. Read more.
Compliments Cozen O'Connor
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YOUNG VOICES FROM THE FUTURE |
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Every month, the EACC Florida Newsletter features a young person - a student, an artist, an entrepreneur - whose identity, vision or project illustrates the vibrancy of Florida's transatlantic community. If you would like to suggest someone, please contact us HERE
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Charles Molina
Visual Artist
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“I’ve been drawing since a child, I was frustrated by my unprofessionalism in realism, but I’ve learned to be patient so I could express myself in my domain, by finding my interest what I found snapping in the history of art, I discovered what influenced me.”
Charles Molina was born in March 2001 in Aventura Miami from Belgian parents. He started drawing as a child and never stopped. He grew up between Miami and Embourg in the south of Belgium and went to school in both cities. In 2015, he went to St. Luc Art School in Brussels where his creativity and exceptional graphic skills were acknowledged by his art teachers. In 2017, he was admitted to the Miami Arts Charter School in Wynwood.
In 2017, Charles sold his first paintings to private collectors such as Michel Chouraqui and the art foundation Art For All. He started exhibiting his work in 2018, and in 2019, had pieces showing in Miami and Paris. He is currently exhibiting in Brussels. Charles is only 19 !
Inspired by artistic influences ranging from street art to graffiti, Dadaism to abstract expressionism, his signature is reflected in his fun and symbolic style. He brings an element of popular iconography to his collage work, hijacking comic book heroes to feature in his own stories that he brings to life on his canvas.
Charles was appointed to the Teen Board 2017-2019 of The Bass Museum (Miami Beach Museum of Contemporary Art). In 2020, he was selected to exhibit at the Young Artists’ Gallery (YAG), a yearly juried art exhibit and scholarship program created by the Woman’s Club of Coconut Grove in partnership with Miami-Dade County Public Schools.
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BECOME A MEMBER OF OUR NETWORK
EACC is a Connector
We open doors for our members across our chapter network on both sides of the Atlantic and we keep you informed on the relevant issues affecting your business.
Members of the EACC network enjoy:
♦ Access to our network of high-level business executives & our unique referral service
♦ Invitations to exclusive seminars & a direct exchange with transatlantic experts
♦ Visibility for your organization & opportunities to showcase your thought-leadership
♦ The ability to make a difference & actively engage in the Trans-Atlantic business dialogue
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Together with its sister chapters, EACC Florida is part of a growing and highly dynamic transatlantic network reaching over 10,000 executives in the US and across Europe. With over 750 members, the EACC is a valuable resource for any size business. If you would like to get involved, let us know.
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EACC Florida Founding Members |
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