Transatlantic News

Transatlantic News

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Trepp | Local Ballot Measures Delivery Strong Voter Pushback on Data Center Projects

A localized policy tracking index covering municipal voting outcomes shows significant headwinds for digital infrastructure development. Out of 38 distinct local datacenter measures tracked across the United States during the recent election, 37 went against developers—resulting in the approval of 25 strict development restrictions and the rejection of 12 critical support initiatives. Transatlantic real estate managers should track these tightening local constraints as communities differentiate ...

PwC | Healthcare Workflows Set to Centralize with Google Cloud’s Gemini AI Integration

PwC US officially announced a strategic collaboration as a launch partner for Google Cloud’s Gemini for healthcare. The initiative integrates specialized generative AI capabilities directly into complex healthcare systems, deploying automated safeguards to summarize patient records and streamline clinical operations while strictly preserving necessary human accountability and oversight.

PwC and Google Cloud are helping many healthcare organizations bring AI into complex workflows and build more ...

ECB | Euro Area Wage Growth Projected to Rise in 2027

ECB wage tracker suggests slightly higher wage growth in first three quarters of 2027 compared with the full year of 2026

  • ECB wage tracker updated with wage agreements signed up to middle of October 2026; forward-looking horizon extended to end of September 2027
  • Headline ECB wage tracker at 2.7% in second half of 2026 and 2.8% in first half of 2027; it will decline to 2.4% in third quarter of 2027 based on still-limited employee coverage
  • ECB wage tracker excluding one-off payments increased ...

FRB | Federal Reserve Banks of Dallas and New York Open Pilot Survey of the Private Credit Market

NEW YORK—The Federal Reserve Banks of Dallas and New York today announced the start of a pilot survey that explores lending trends in the U.S. private credit direct lending market. The survey opens today, November 9, for eligible firms and will close on November 18.

Given the growth of private credit and limited visibility into new private credit lending activity, this survey will provide insight into the availability and provision of credit, the evolution of lending standards in private credit ...

USTR | U.S. Trade Representative Holds Official Consultations with China on Bilateral Trading Dynamics

U.S. Trade Representative Holds Official Consultations with China on Bilateral Trading Dynamics

As transatlantic executives navigate record global port congestion and volatile commodity pricing trends, global regulatory compliance remains paramount. U.S. Trade Representative Jamieson Greer held an official call with China’s Vice Premier He Lifeng to address market access, balance, and reciprocity. For EACCNY members managing global supply chains and country-of-origin planning, tracking these shi...

ECB | Leaders Address the “Future of Money” and Policy Lessons

Executive Board member Piero Cipollone highlighted ongoing initiatives to redesign euro banknotes, develop a retail digital euro, and adapt financial infrastructure to tokenized finance. Simultaneously, outgoing board member Isabel Schnabel delivered a reflection on navigating volatile monetary environments, focusing on tool choice and economic shocks.

Keynote speech by Piero Cipollone, Member of the Executive Board of the ECB, at the eighth International Conference of Regional Card Schemes and ...

Worldbank | Developing Countries’ External Debt Surges to Record $9.4 Trillion

The external debt of developing nations jumped 5.5% in 2025 to a historic peak of $9.4 trillion. This marks the fastest growth pace since 2021 and stands at roughly four times the average seen between 2022 and 2024. The surge is largely driven by a combination of compounding interest on existing loans, currency fluctuations, and high borrowing needs to cover slowing domestic growth.

 

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EU | Roadmap for next wave of member states

The Commission’s annual review finds Montenegro close to the final stage of accession talks, with its remaining chapters possibly closed by the end of 2026. Albania is aiming to finish negotiations by 2027, Moldova by early 2028 and Ukraine by the end of 2028. The Commission proposed roadmaps for these four countries and plans to integrate candidates gradually into EU energy, transport, digital and defence frameworks. It also reports stalled progress or backsliding in Serbia, Kosovo, Bosnia and ...

ECB | Lagarde: Europe’s hot summer is a warning for the economy

In a blog post, ECB President Christine Lagarde says this summer’s heatwaves, droughts and wildfires had only a small, short-lived effect on euro area growth. She warns the longer-term costs are larger: output in affected regions stays about 1.5% lower two years after a heatwave and about 3% lower four years after a drought, and only about a quarter of catastrophe losses in Europe have historically been insured. She calls for an EU-level public-private reinsurance scheme, faster grid and storage...

EU | Commission takes new steps to prepare Europeans for growing crisis risks

As Europe faces increasingly frequent and complex crises, the European Commission is stepping up efforts to strengthen preparedness across the EU. From helping citizens protect themselves during emergencies to ensuring that national civil protection systems can keep operating when disaster strikes, the EU is delivering concrete measures to make Europe more resilient.

Today, at the European Civil Protection Forum, Commissioner for Equality, Preparedness and Crisis Management Hadja ...