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HAPPENING THIS WEEK
Through Wednesday European Union meetings on:
EU Data Act: the Industry, Research and Energy Committee will adopt its position on rules to boost the availability and exchange of industrial digital data, to unlock their potential for the European economy. These measures will regulate how data can be exchanged, claimed or accessed by their owners and third parties.
European Digital Identity: the Industry, Research and Energy Committee will vote on a draft bill to make national digital identity (eID) schemes interoperable across Europe and facilitate online access to key public services. Its aim is to facilitate the use of an eID by at least 80% of citizens by 2030.
Today, the United Nations Environment Programme (UNEP) will launch the antimicrobial report (AMR), ‘Bracing for Superbugs: strengthening environmental action in the One Health response to antimicrobial resistance’ at the sixth meeting of the Global Leaders Group on Antimicrobial Resistance. The Global Leaders Group, which aims to accelerate political momentum, leadership, and action on AMR, will take place online and in-person 7-8 February in Barbados.
Public-Private Partnerships, 06-10 February 2023, Singapore
President Biden’s State of Union address
U.S. House Committee on Energy and Commerce will have a hearing on “Unleashing American Energy, Lowering Energy Costs, and Strengthening Supply Chains” (Subcommittee on Environment, Manufacturing, and Critical Materials and Subcommittee on Energy, Climate, and Grid Security) Meeting Details
U.S. House Committee on Natural Resources, “Unleashing America’s Energy and Mineral Potential”, Meeting Details
Slow days in politics.
GLOBAL ECONOMIC PULSE
Bank of Japan Governor is to be selected in February. Developed economies are watching the selection process and perspectives of the new Governor. President Biden’s State of Union address may contain new headlines. UK GDP, Eurozone retail sales and Germany industrial production and inflation will be released. Emerging markets interest rates will be announced in India (currently at 6.25%), Poland (currently at 6.75%) and Russia (currently at 7.5%). Inflation data from Brazil, Chile, China, Mexico, Philippines and Thailand as well as GDP from Indonesia, Malaysia and Ukraine are expected.
Earnings Reports This Week: NTT, IDEXX, Cummins, Tyson, Sumitomo, Mitsubishi Heavy Industries, Fuji Heavy Industries, AECOM, Linde, BP, KKR, Carrier, Prudential, Dupont, L’Oreal, Disney, CVS, Uber, Emerson Electric, AbbVie, Pepsico, Astra Zeneka, Total, Unilever, Simens, Zurich Insurance, Thomson Reuters, Motorola, China Construction Bank, Honda, Banco de Brasil.
NOTEWORTHY REGULATIONS, LEGISLATION, DECISIONS & REPORTS
Most links go to full PDF reports you can use right away. A few go to webpages in the absence of a PDF report.
India’s Union Budget 2023 presented by Finance Minister Nirmala Sitharaman in the parliament removes custom duty on capital goods/machinery for manufacture of lithium-ion cell for use in batteries of electrically operated vehicles (EVs). The move is said to help in reducing the cost of EVs in the country. Boston Consulting Group has published an “Assessment of India’s 2023 Union Budget”.
European Commission has published a report taking stock on the progress of the implementation of the March 2020 EU Industrial Strategy and its May 2021 Update
U.S. Agency for International Development has published a Strategy for Action in Digital Health with global perspectives and funding framework.
European Commission has published “New Approach to Enable Global Leadership of EU Standards”
U.S. Department of Transportation has published its “RESEARCH, DEVELOPMENT, AND TECHNOLOGY STRATEGIC PLAN , Fiscal Years 2022 – 2026 , Building a Better Transportation Future for All”
U.S. Government Accountability Office has published an assessment “U.S. SUPPLY CHAIN RESILIENCE – Government Agencies Are Taking Steps to Expand Diplomatic Engagement and Coordinate with International Partners”
U.S. Congress in the 2016 CURES Act defined “Real World Evidence” as data regarding the usage, or the potential benefits or risks, of a drug derived from sources other than traditional clinical trials. FDA has published its position on the topic.
A report was published looking at the past five years about U.S. Health IT by the Health and Human Services Department’s Office of the National Coordinator for Health IT.
UK Government published its UK Medical Technology Strategy.
General Motors and Lithium Americas to develop “US Sourced Lithium Production”.
International Monetary Fund published its position on International Corporate Tax Reform.
A report was published on “Japan’s Economy 2022-2023” by the Cabinet Office (in Japanese).
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