Key Economic News To Watch This Week: July 8
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This week, the United States and European Union begin negotiations on a transatlantic free trade and investment agreement, though progress might be overshadowed by the US’ alleged spying activities on EU member states. Also, South Sudan celebrates its second anniversary of independence.
Monday, July 8
This week, the United States and European Union begin negotiations on a transatlantic free trade and investment agreement, though progress might be overshadowed by the US’ alleged spying activities on EU member states. Also, South Sudan celebrates its second anniversary of independence.
Monday, July 8
The European Union and the US are expected to begin negotiations on a transatlantic free trade and investment agreement, talks likely to take at least two years. France has already secured EU backing to have the film and TV industry excluded from the pact, fearing it could threaten European culture. However, France has also threatened to block the negotiations unless it received guarantees that alleged US spying on its European counterparts stops immediately.
Related: Germany Demands End To US “Cold War” Spying Activities
Related: French Authorities Using ‘NSA-Style Methods’ To Spy On Citizens: Report
The Economic and Monetary Affairs Committee meets Mario Draghi to discuss latest economic developments, notably rising Eurozone stress, first in his competence as Chair of the Systemic Risk Board and then in his role as ECB president.
The European Union marks Fish Dependence Day to remind consumers that EU citizens are eating far more fish than European seas can sustain.
Related: Scourge Of The Seas: Pirate Fishermen Plunder The World’s Fish Supply
Related: Peru Slashes Commercial Fishing Quota Amid Climate Change Fears
Related: Chinese Fisheries Catching 12 Times More Than Reported: Study
Tuesday, July 9
IMF publishes updates to World Economic Outlook.
The Industry Committee votes on a non-binding resolution that calls to end mobile phone roaming charges by 2015 within the EU. Caps for charges fell further on 1 July, in line with current legislation.
South Sudan marks it second anniversary of independence.
Related: South Sudan Examining Alternative Oil Pipeline Routes: Report
The UN Conference on Trade and Development launches its economic development in Africa report “Intra-Africa trade: Unlocking private sector dynamism” in Geneva.
Transparency International to publish 8th Global Corruption Barometer.
War on Want publishes report on working conditions in denim factories in Guandong province, China.
Muslims are due to mark the start of Ramadan with 30 days of fasting from dawn to sunset.
Wednesday, July 10
Federal Reserve Chairman Ben Bernanke is scheduled to speak on the history of Fed policy at the National Bureau of Economic Research in Boston. The same day, the Fed will also release the minutes from its June 18-19 meeting.
The Public Health committee votes on proposals to cover 75 percent of cigarette packs with pictorial warnings and to ban certain flavourings, in this first overhaul of the EU legislation in over a decade.
Related: Up in Smoke: Distrust of E-cigarettes Cement Big Pharma’s Monopoly
Thursday, July 11
Employment ministers from 28 European Union states attend an informal meeting of the EU employment, social policy, health and consumer affairs council in Lithuania.
Friday, July 12
Prime ministers of Ukraine and Russia meet in Black Sea resort of Sochi.
