Media

Global Trade Review | EU sets sights on Latin American trade deals

1 Nov 2017
|
Regions: 
EU/Eurozone,
Americas

The European Union’s landmark agreement with Cuba entered into force this week, marking a new chapter that aims for increased trade and diplomacy between the EU and the Latin American region.

“The EU-Mercosur deal would send the same signal as the EU-Japan political agreement announced over the summer — that while the US administration draws inwards and retreats from trade liberalisation, the rest of the world forges ahead,” senior trade associate at advisory Global Counsel, Guillaume Ferlettells GTR. 

France 24 | Moment of truth: Spain sets in motion direct rule over Catalonia

19 Oct 2017
|
Region: 
EU/Eurozone

Since 10am on Thursday, Spain has entered unchartered waters. Madrid's deadline for Catalonia's leader to renounce independence has come and gone. The escalation around the staging of that banned October 1st independence referendum is entering a new phase. Global Counsel's Senior Associate Roberto Robles has taken part in a live TV debate on the topic.

 

Global Trade Review | Trade experts dismiss UK joining Nafta as “far-fetched”

11 Oct 2017
|
Regions: 
UK,
Americas

Claims that the UK could join the North American Free Trade Agreement (Nafta) have been dismissed as “far-fetched” by trade policy experts. However, there are a number of issues to consider, according to Daniel Capparelli, trade policy practice lead at Global Counsel advisory.

He tells GTR: “Nafta membership is very unlikely to create substantial market opening in areas where the UK’s competitive and comparative advantage is greatest – such as services and financial services – given its relatively low level of coverage in these areas.”

AFR | Why Australia can help Brexit Britain to find its feet

Author: 
26 Sep 2017
|
Regions: 
EU/Eurozone,
UK,
Multilateral

Memories of the Brexit referendum remain both fresh and painful for me personally. Throughout the campaign the most vocal advocates backing Leave, many now representing the UK government as it negotiates our divorce from the EU, suggested that there was a bright new future for Britain as a global trading nation. Next month I get to test this thesis in person when I will visit Australia for the first time.

Euromoney | Banking: Throwing the bail-in out with the bath water

18 Sep 2017
|
Region: 
EU/Eurozone

A textbook case, a long-inevitable state bailout and a brazen political fudge: Europe’s BRRD has had something of a rough ride this summer. As the region’s banks brace themselves for the capital-raising marathon that is MREL, are the new resolution regulations actually doing more harm than good?

“What we witness today in Spain and Italy suggests a system that is half built, with all the problems of a half-built system,” says Carmen Bell, practice lead at advisory firm Global Counsel in Brussels. 

The Times | Fool’s errand for Tories to set sights on winning over youth vote

Author: 
8 Sep 2017
|
Region: 
UK

Coonservative HQ are agonising over how to create powerful digital content to lure young people into voting blue and the chancellor’s supposedly considering a “youth budget”. At the same time, a number of attempts to create a Conservative Momentum have been launched over the last few weeks. The efforts are noble but videos and posts with centre-right messages, a few token youth schemes at the next budget and enthusiastic but naïve young Conservatives are never going to generate the same traction as left-wing equivalents.

Global Trade Review | UK outlines “fantasy” post-Brexit customs position

16 Aug 2017
|
Regions: 
EU/Eurozone,
UK

The UK has issued a position paper on future customs arrangements with the EU following Brexit.

“In its basic proposal for using technology to facilitate trade processing at a future EU-UK border, what the UK is proposing is fairly sensible and plausible,” says senior director at think tank Global Counsel, Stephen Adams. “However, its more radical ideas raise more questions than they answer.”

Wall Street Journal | Trade Tribunals Draw Ire Outside Nafta, Too

16 Aug 2017
|
Regions: 
EU/Eurozone,
UK

Dispute-resolution boards have become a lightning rod for opponents of globalization from across the political spectrum.

“This issue has been drawn into a much wider debate about globalization,” said Stephen Adams, a former European Union trade official now with U.K.-based advisory firm Global Counsel. “It reflects a level of public and political concern about large firms and their lawyers seeking to dictate what the EU and other governments can regulate and how.”

Sunday Telegraph | Aviation needs to address arguments over Brexit

Author: 
12 Aug 2017
|
Regions: 
EU/Eurozone,
UK

In an era when business leaders are said to be shorn of personality and charisma the British aviation market stands out as an exception. Dame Carolyn McCall, the outgoing CEO of easyJet, is a case in point (declaration time – she was the CEO when I chaired the Guardian Media Group).  

She leaves in her condensation trail an industry that is struggling to come to terms with the impact of Brexit, and which has perhaps more than any other taken advantage of European integration over the past 40 years.