Fri. Oct 11th, 2024

TRADE & COMMERCE

LATEST NEWS

EU agri-food trade: Surplus reaches € 5 billion

The latest monthly agri-food trade report published today by the European Commission showed that in April 2024, the EU agri-food trade surplus reached €5 billion, still 4% higher than in April 2023, despite a reduction of 25% compared to the previous month.

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Greenwashing: ESAs present common report and warn on related risks

The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today published their progress Reports on greenwashing in the financial sector. See EBA, ESMA, and EIOPA reports. In these Reports, the ESAs put forward a common high-level understanding of greenwashing applicable to market participants across their respective remits – financial markets, banking, and insurance and pensions.

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ESMA launches 5th Stress Test Exercise for Central Counterparties

The European Securities and Markets Authority (ESMA) has launched its fifth Stress Test Exercise for Central Counterparties (CCPs) under the European Markets Infrastructure Regulation (EMIR). The CCP Stress Test framework is complemented by an adverse market scenario provided by the European Systemic Risk Board (ESRB).

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USA: IMF Staff Concluding Statement of the 2023 Article IV Mission

The U.S. economy has proven resilient in the face of the significant tightening of both fiscal and monetary policy that took place in 2022. Consumer demand has held up particularly well, boosted initially by a drawdown of pent-up savings and, more recently, by solid growth in real disposable incomes. Read the IMF Staff Concluding Statement of the 2023 Article IV Mission.

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