Insights

Beata Stepantchenko, Giulia Pasquali, and Varsha Shankar explore new proposals in the US, EU, and UK that seek to combat forced labour and the associated implications for business.

As Giorgia Meloni’s right-wing coalition proceeds to form the new Italian government, the triumphant mood powered by its pledges to deliver an “Italy first” economic agenda will subdue as the new administration realises that foreign capital is needed to support the country’s economic recovery. The coalition’s economic protectionism, coupled with Meloni’s outspoken…

Welcome to the Global Month Ahead, a new Global Counsel podcast highlighting the key events in the month to come. In each episode, Global Macro Associate Director Isabelle Trick will hear from different members of the GC team to preview the month's stories before they are in the headlines.

As part of their efforts to tackle climate change, businesses are increasingly relying on the buying and selling of credits to offset emissions. This approach was developed at COP26 last year to create new market mechanisms underpinning Article 6 of the Paris Agreement. Amid rising concerns that the lack of transparency and oversight of offsets might lead to greenwashing,…

The long-awaited package of EU banking reforms presented by the European Commission on October 27th faces a basic challenge of reconciling demands for safeguarding of EU banking competitiveness and upholding the EU’s international commitments. The proposal was fated to face criticism from the outset. The commission, however, has sought to avoid a political stalemate by…