Global World

IS-01 Cyber security policy A documented Cyber Security Policy (or set of policies) MUST be in place and approved by senior management [P1] An information security policy is the foundation of an Organisation’s security programme. It sets out how the Organisation protects information assets, considering: Confidentiality: the protection of information from unauthorised access; Integrity: ensuring that information is complete and accurate and hasn’t been tampered with, altered or damaged in an unauthorised way; Availability: information is available to the right people when it is needed. The policy to be approved and signed off by senior management to demonstrate their commitment to the Organisation’s security programme. Cyber security policies MUST be kept up to date and effectively communicated to all relevant personnel. [P1] Policies to be reviewed regularly to make sure that they are suitable, adequate and effective for the Organisation. Policies to be communicated regularly to ever...

Europe’s economy is recovering, benefiting from a strong crises’ response. Yet, the recovery is falling short of its full potential. Uncertainty about persistent core inflation, policy directions, and geopolitical conflicts, is dampening the near-term outlook. In the longer term, perennially weak productivity growth—a result of limited scale and business dynamism–-amid new headwinds from fragmentation and climate change are holding back growth potential. Steady macro policies are needed to navigate an uncertain environment. This requires transitioning to a neutral monetary policy stance and reducing fiscal deficits without jeopardizing the recovery. Policymakers also need to tackle barriers to higher potential growth. A larger and more integrated single market for goods, services, and capital will incentivize investment, innovation, and generate scale benefits. Deepening European integration will also strengthen economic resilience by insulating businesses and labor markets from global...

🇪🇺 The report demonstrates the significant progress the EIC has made to become the investor of choice for European deep tech entrepreneurs. Here are some highlights from this year’s edition.  EIC Fund's impressive investment record ✅️ The EIC Fund has emerged as a leading early-stage technology investor in Europe. It has completed over 150 investment rounds in start-ups and SMEs, under Horizon Europe, including 60 rounds in 2024 alone.  The Fund has also attracted more than €2.6 billion in co-investment in direct equity rounds, primarily from private investors, equating to over €3 of additional investment for every euro of EIC Fund's direct investment since it was established in 2020.  Accelerating start-up growth 🔺️ The EIC has been instrumental in accelerating the growth trajectory of start-ups. Over 70 EIC-backed companies have attained 'centaur' status, with valuations exceeding €100 million, and six of these companies are valued at over €500 million.  On aver...

🇪🇺 The European Innovation Council (EIC) has released its 2024 Tech Report, highlighting 34 emerging technologies and breakthrough innovations that could shape the industries of tomorrow. Drawing on EIC’s internal data and the views of experts in the field, 📝®️ the report identifies early stage trends of novel technologies with the potential to make major impacts on economic growth, Europe’s technological independence, and secure its place on the global stage as a leader in the next generation of breakthrough innovation. Pioneering future technologies for a competitive Europe 🇪🇺 The report delves into emerging technologies that are critical for Europe’s future—green technologies, healthcare, digital transformation, industrial advancements, and space exploration. Areas include plant-based biomanufacturing, cutting-edge drug development techniques like targeted protein degradation, miniaturised quantum systems, and technology for very low Earth orbit satellites.  The report prov...

Trump Tariffs: The Economic Impact of the Trump Trade War Scenario Tariffs 1 – and Tariffs 20% 60% Universal China Scenario Mexico 2 – 25% and Tariffs Tariffs Canada 10% and China Total Canada/ Mexico China GDP-1.3%-0.4%-0.3%-0.1% Capital Stock-1.4%-0.3%-0.2%-0.1% PreTax Wages 0.0% 0.0% 0.0% 0.0% FullTime Equivalent Employment-1.1 million-330,000-269,000-60,000Trump Tariffs: The Economic Impact of the Trump Trade War 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2025 through 2034 Scenario 1, Conventional, in Billions $318.3 $331.1 $346.2 $360.9 $374.7 $388.8 $403.2 $418.3 $433.5 $448.9 $3,823.9 Scenario 1, Dynamic, in Billions $256.8 $264.3 $274.5 $287.4 $298.5 $309.9 $320.5 $334.6 $347.2 $359.3 $3,052.9 Scenario 2, China Subtotal, Conventional $22.8 $22.6 $22.7 $23.2 $23.7 $24.2 $24.7 $25.2 $25.7 $26.2 $240.9 Scenario 2, Canada Subtotal, Conventional $36.3 $36.0 $36.2 $36.8 $37.7 $38.4 $39.3 $40.1 $41.0 $41.7 $383.4 Scenario 2, Mexico Subtotal, Conventional $47.0 $46.6 $46.9 $47.7...