THIS WEEK
– International Conference on Chemical Management
– UN 2023 Water Conference
– European Parliament
– Global Phase Out of Gasoline Cars
– Germany’s New ESG Law
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HAPPENING THIS WEEK
Ongoing hearings throughout the week in the U.S. House of Representatives on 2024 U.S. federal budget.
MONDAY
G7 Energy, Climate and Environment ministers meet on Sunday in Japan with a focus on coal-fired power generation.
International Conference on Emergency Medicine and Public Health, 17-18 April 2023, London, United Kingdom
9th World Congress on Health Economics, Health Policy and Healthcare Management, 17-18 April 2023, Paris, France
TUESDAY
U.S. Senate Environment and Public Works Subcommittee on Clean Air and Nuclear Safety meets for hearings to examine cleaner vehicles, focusing on consumers and public health.
EU Transport, Telecommunications and Energy Council (Energy) meets to discuss: 1- Ministers will seek a general approach on the gas and hydrogen package, which includes a proposal for a directive and a proposal for a regulation on common internal market rules for renewable and natural gases and hydrogen. 2- The proposals seek to facilitate the penetration of renewable and low-carbon gases into the energy system, enabling a shift away from natural gas and to allow for these new gases to play their role towards the goal of EU climate neutrality in 2050. 3- EU energy ministers will seek a political agreement on a proposal to extend a Council regulation on a voluntary reduction of natural gas demand by 15% ahead of winter. Under the proposal, the voluntary 15% gas demand reduction target would be maintained until March 2024. 4- Ministers will hold a first policy debate on a proposal to revise the EU electricity market design. The proposal aims to make the EU energy market more resilient and stable, to shield consumers and companies from short-term electricity price volatility, and to drive investments into renewable energies.
Asia Climate Forum, 18-20 April 2023, Singapore
WEDNESDAY
U.S. House Veterans’ Affairs Subcommittee on Oversight and Investigations legislative Hearing on: H.R. 592, Department of Veterans Affairs Electronic Health Record Modernization Improvement Act; H.R. 608, To terminate the Electronic Health Record Modernization Program of the Department of Veterans Affairs; H.R. 1658, Manage VA Act; H.R. 1659, Department of Veterans Affairs IT Modernization Improvement Act; and H.R. 2499, VA Supply Chain Management System Authorization Act
EU European Parliament plenary session on Parliament’s negotiating position for an ambitious reduction of fluorinated greenhouse gases emissions, to further contribute to the EU’s climate neutrality goal, and for additional cuts of the emissions of substances that damage the ozone layer, in line with the European Green Deal and international agreements, will be debated on Wednesday and put to a vote on Thursday.
Tech UK event focused on UK legislative developments domestically and across the Atlantic and the Channel and the discussions shaping British tech policy.
THURSDAY
A slow day in politics.
FRIDAY
Today is United Nations World Creativity and Innovation Day.
The 5th International Environmental Economics Conference, 21-23 April 2023, Kunming, China
SATURDAY & SUNDAY
A slow weekend in politics.
GLOBAL ECONOMIC PULSE
he IMF’s latest World Economic Outlook (WEO) highlights a rocky recovery. China will report its GDP where retail sales, industrial production and investment details will be important to monitor. Canada will report on house price, retail sales, producer price and consumer prices. U.S. first quarter earnings will be released. Brazilian industrial production will be released. Interest rate decisions are expected in Indonesia (currently at 5.75%), Uruguay (currently at 11.50%), and Chile, Poland, and South Africa will give hints on inflation. UK (10.4%) and Poland inflation are increasing while U.S. (5%), France, Spain and Germany are decreasing. G7 Energy, Climate and Environment ministers meet on Sunday in Japan with a focus on coal-fired power generation. Flash Purchasing Managers’ Index (PMI) will provide assessments of business for the second quarter in the US, Eurozone, UK, Japan and Australia.
Earnings Reports This Week: HDFC Bank Limited (HDB), Charles Schwab (SCHW), State Street Corp. (STT), M&T Bank (MTB), J.B. Hunt Transport Services (JBHT), Equity Lifestyle Properties (ELS), and Pinnacle Financial Partners (PNFP), Johnson & Johnson (JNJ), Bank of America (BAC), Netflix (NFLX), Lockheed Martin (LMT), Prologis (PLD), Goldman Sachs (GS), Intuitive Surgical Inc. (ISRG), Bank of New York Mellon (BK), Ericsson (ERIC), and United Airlines (UAL), Tesla (TSLA), Abbott Laboratories (ABT), Morgan Stanley (MS), IBM (IBM), Elevance Health (ELV), Lam Research Corp. (LRCX), Crown Castle Inc. (CCI), U.S. Bancorp (USB), Kinder Morgan (KMI), The Travelers Cos. (TRV), Baker Hughes Co. (BKR), Nasdaq Inc. (NDAQ), Discover Financial Services (DFS), and Equifax (EFX), Philip Morris International (PM), AT&T (T), Union Pacific Corp. (UNP), American Express Co. (AXP), Marsh & McLennan Cos. (MMC), CSX Corp. (CSX), Blackstone Inc. (BX), Truist Financial (TFC), Nucor Corporation (NUE), D.R. Horton Inc. (DHI), PPG Industries Inc. (PPG), Nokia Corp. (NOK), and Fifth Third Bancorp (FITB), Procter & Gamble (PG), HCA Healthcare Inc. (HCA), Schlumberger (SLB), Freeport McMoran (FCX), Regional Financial Corp. (RF), and Autoliv (ALV)
NOTEWORTHY REGULATIONS, LEGISLATION, DECISIONS & REPORTS
- Gartner published a white paper on How can government workers and technology align to serve future citizens?
- EU research service published recommendations on EU digital trade negotiations with the Republic of Korea and with Singapore
- United Nations published E-commerce and Digital Economy Program Year in Review 2022 focused on boosting digital readiness in developing countries
- World Green Building Council published its Global Policy Principles for a Sustainable Built Environment.
- U.S. Chamber of Commerce (Government Analytica is a member), published Partnership at the Digital Health Frontier: Accelerating Access to Healthcare Through Public-Private Collaboration
- United Nations published Financing for Sustainable Development Report 2023 Inter-agency Task Force on Financing for Development
- UK published its UK Wireless Technology Strategy
- Center for Health Policy & Research at U.S. Davis published Comparing health systems across North America – Learning from reforms to expand coverage, improve quality, and recover from COVID-19
- An updated European Commission Directory was published.
- Asia Pacific Economic Cooperation published Tourism Industry of APEC Region in the COVID-19 Recovery Period: Current Situation, Trends and Challenges
- United Nations Conference on Trade and Development published Tackling the Sustainability Reporting Challenge: A Policy Guide
- Republic of Türkiye updated Türkiye First Nationally Determined Contribution to reverse climate change.
- U.S. Environmental Protection Agency published EPA Multi-Pollutant Emissions Standards for Model Years 2027 and Later Light-Duty and Medium-Duty Vehicles proposed rule for public comment.
- ENEL published a list of all climate action associations it participates in.
- Baker McKenzie published its 2022 China Tax Update
- UK House of Commons research published a report on Digital Services Tax.
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AREAS WE TRACK
POLITICAL LEADERSHIP: Covering changes in political leadership and elections.
GEOPOLITICS & POLITICAL RISK: Movements of government positions in multilateral organizations. Major changes in governments policies and regulations.
SUPPLY CHAINS & INDUSTRIAL POLICY: Major global issues around trade, trade relations and supply chains.
ECONOMY: Major countries’ economic developments, major changes in GDP and other economic indicators. Investments, jobs, monetary pressures in key economies.
FISCAL STIMULUS or SURPLUS SPENDING: Government investments in economic stimulus and social assistance. Government social assistance to businesses. External or internal national investments.
TAXES: Changes in taxation regulation for VAT, corporate tax, other forms of taxation.
LABOR: Employment and unemployment trends and regulations. Workforce changes and shifts in labor demands.
FINANCIAL SERVICES: Multilateral financial institution investments in new projects. National banks and important monetary decisions.
INFRASTRUCTURE & CONSTRUCTION: Major new infrastructure investment projects focused on transportation (roads, rail, aviation, shipping), municipal water systems, national and regional electrical grid, telecommunication & broadband.
ENERGY & ENVIRONMENT: Government investments and regulation in support of major environmental policies. Investment and regulation for energy production including oil & gas and renewables, smart electricity transmission and distribution. Investment and regulation for point-of-use electrification.
HEALTHCARE: Major new health policies and regulatory changes in key economies around the world. Major global new or updated pharma or medical device regulations. New emerging threats of infectious diseases and outbreaks. Pandemic preparedness and response.
TECHNOLOGY: Major movements in government technology policy. Major technological advancements impacting market verticals.
AVIATION: Airlines and aviation company developments including MRO. Flag carrier policy developments.
AUTO INDUSTRY: Major auto industry trends and government policy.
READERSHIP PROFILE
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