News & Analysis as of

Economic Development

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The UK and EU made a significant breakthrough early this morning to “unlock” Brexit divorce negotiations. The still-rough agreement would see Britain repaying $53 billion and addressed in at least vague terms thorny issues...more

Permanent Capital Vehicles in Emerging African Markets

by Dentons on

What are Permanent Capital Vehicles? Permanent Capital Vehicles (PCVs) are becoming increasingly popular in private equity, being deployed in emerging markets and sub-Saharan Africa in particular....more

Second Annual Arizona Drone Summit Held in Mesa

by Snell & Wilmer on

Earlier this month in collaboration with the Arizona Regional Economic Development Foundation, Arizona UAS Magazine produced and organized Arizona’s second annual Arizona UAS Summit & Expo at the Sheraton Mesa Hotel at...more

Happiness under the African sky, or not?

by Hogan Lovells on

Everyone is in pursuit of happiness - that elusive state in the human psyche that is not merely a positive mood but a state of well-being with a sense of meaning and deep satisfaction. Happiness is fast becoming a measure for...more

Department of the Treasury Issues Report Recommending U.S. Capital Markets Regulatory Reforms

by Jones Day on

The U.S. Department of the Treasury has issued a report to the President recommending extensive regulatory and legislative reforms to the U.S. capital markets. The recommendations, in response to the White House's executive...more

South Africa is open for business…but is anyone buying?

by Hogan Lovells on

If you read any good South African business or financial news publication, I would wager that you will stumble upon an article which reads something like – "local and foreign investors hoarding cash in their banks...more

Ropes & Gray, The Boston Foundation and Boston College Present Leading By Example Program on International Philanthropy

by Ropes & Gray LLP on

The following article is authored by Jean Whitney, a philanthropic advisor at Ropes & Gray. She works with families, charitable trusts and private foundations to implement best practices in charitable giving. Her work...more

Indian Trust Land: Taxation of Leases and Permanent Improvements

Over the last few years, the Department of Interior Bureau of Indian Affairs (BIA) updated the federal regulations on leases and rights-of-way on Indian trust land. Important tax provisions were included in the new...more

Senate Bill Proposes New Review of Certain Foreign Investments’ Effects on US Economy

by Morgan Lewis on

The recently introduced legislation would establish a new US Department of Commerce review of foreign investment transactions to determine their effect on US economic interests and domestic industry, giving Commerce the...more

Polish Investment Zones – we already know the bill!

by Dentons on

A long-awaited bill on the rules of supporting new investments has already been published. According to this law, from 2018 the current system of Special Economic Zones is to be replaced by an option to obtain a decision...more

Fast Ferry Service to Seattle: An Encouraging First Step Toward Regional Growth

Seattle is geographically constrained by a narrow peninsula between Lake Washington and Elliott Bay. Growth can be painful when you have to fight your geography, as Seattle has done for over 100 years. However, new and...more

The Clean Growth Strategy - Government releases its strategy for a low carbon future

by Hogan Lovells on

On 12 October the Government released its latest strategy to promote “clean growth” in the UK. It sees clean growth as growing the UK’s national income, while cutting greenhouse gas emissions that contribute to climate...more

EB-5 Program Is Extended Without Changes Until December 8, 2017

by Cozen O'Connor on

On September 8, President Trump signed into law H.R. 601 which will keep the U.S. federal government open through December 8, 2017. As a result, the EB-5 Regional Center Program is now extended until such date without any...more

Former NC Secretary of Commerce on HQ2: Charlotte is Amazon’s Answer

by Nexsen Pruet, PLLC on

It’s been called the Olympics of the corporate world, Amazon Idol and the biggest economic development event in a generation. It’s thrown the economic development world into mayhem. It’s the race for HQ2....more

Extended Again: No Policy Changes for EB-5, Yet

by Goulston & Storrs PC on

In September, as part of federal spending legislation, the EB-5 Regional Center Program received a short-term extension through December 8, 2017. The Program has been similarly extended, with no change in policy, on multiple...more

Africa Stand Up Vision 2025: Strengthening supply chains – the key challenge for Africa

by Hogan Lovells on

If Africa wants to change how it trades with the rest of the world, it needs to start by rethinking how it trades with itself. Without urgent improvement, Africa risks remaining a supplier of solely primary materials to which...more

H.R. 601 Extends EB-5 Program and Provides $15.25B of Disaster Relief Funds

by Ballard Spahr LLP on

President Trump has signed into law H.R. 601, a continuing resolution that funds the federal government through December 8, 2017, and thereby extends the EB-5 Regional Center Program beyond September 30, 2017—the end of the...more

Virginia’s Tourism Development Financing Program Gains Steam Around the State

by Williams Mullen on

The unique financing alternative afforded to tourism project developers under Virginia Code Section 58.1-3851.1 creates exciting opportunities for growth in tourism and resort areas throughout the state. The expected...more

Under the Dome: Inside the Maine State House

by Pierce Atwood LLP on

Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Looking Ahead . . . While the First Regular Session of the 128th Legislature has adjourned sine...more

Trade & Manufacturing - News of Note - September 2017

by King & Spalding on

USTR Initiates 2017 Annual Review Of Generalized System Of Preferences Product And Country Practices – On August 11, 2017, the United States Trade Representative (USTR) published a Federal Register notice (the Notice)...more

Reading the Tea Leaves on Trump Tax Reform

by Charles (Chuck) Rubin on

In a recent speech, President Trump did not provide much detail in regard to the tax reform proposals that are expected soon, or his particular desires. ...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

As the scandal grows, WF’s newish CEO, Timothy Sloan, faces the unfortunate reality of being a company man (30-years at Wells) when the foundations of that company are cracking....more

The Bigger Picture: Economic Development Means More Than Increased Jobs and Tax Revenues

by Stinson Leonard Street on

In the public debate that rages in the press and the Twittersphere, economic development projects are often measured by two prominent metrics: the number of jobs to be created and the amount of increased tax revenues...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Q2 saw US growth hit the 3% mark for the first time in two years, besting last quarter’s lackluster showing by almost 2%. The report helped boost stocks across the board....more

China Issues Formal Guidance for Outbound Direct Investments

by Latham & Watkins LLP on

Key Points: ..The guidelines classify outbound investment into three groups: encouraged, restricted, and prohibited transactions. ..China will promote outbound direct investments transactions that are strategically...more

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