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265 Articles Found


No limit to foreigners’ rights in local elections

Non-Luxembourgers account for around half of the Grand Duchy's population and around 70% of residents in the capital Foreigners living in Luxembourg will be able to vote and stand in next year's local elections without having to live in the country for at least five years after lawmakers approved a law that widens access to democracy for them on Wednesday evening.   READ THE FULL ARTICLE HERE

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LuxSE named Stock Exchange of the Year by Environmental Finance

The Luxembourg Stock Exchange (LuxSE) has been granted the ‘Stock Exchange of the Year’ award by Environmental Finance as part of the Sustainable Investment Awards 2022, with the winners of the different categories officially unveiled earlier today. The Environmental Finance Sustainable Investment Awards 2022 are global and recognise financial institutions and other companies which strive to incorporate ESG across all asset classes, contribute to making sustainability an integral part of investment decisions and support projects that mitigate climate change or make a positive impact in the world.  “This award is an important recognition of the positive environmental and social impact that the Luxembourg Stock Exchange contributes to by facilitating sustainable investment towards the global goals. Every day, we strive to make sustainable investment more accessible not just to established players in developed markets but also in emerging markets, where the funding …

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Transatlantic Trade and Investment

Trade and bilateral investments between the U.S. and Luxembourg are vital to keeping the Luxembourg economy strong!  An article from AmCham Luxembourg The economic and political ties of friendship and partnership between the US and Luxembourg are deep, strong and mutually beneficial. During the 19th and 20th centuries when the agricultural economy of Luxembourg crashed and people were starving, large numbers of Luxembourgers immigrated to a better life in America... and prospered. As a result, there are now more Americans of Luxembourg heritage living in the United States than there are living in Luxembourg. At the end of the Second World War, the U.S. supported the rebuilding of Luxembourg’s economy by supporting the creation of the European Coal and Steel community and with American manufacturers like DuPont and Goodyear setting up production facilities in Luxembourg. When the EU introduced legislation …

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Luxembourg has 3rd largest share of ICT specialists in the EU

Over the past decade, the number of ICT specialists in the EU has increased by over 50%. Luxembourg is one of the countries with the highest proportion of ICT specialists in its workforce.

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Spotlight on Arizona & New Mexico

May 2022 Spotlight Series Location, location, location! The Luxembourg American Chamber of Commerce is pleased to launch a new series of articles highlighting opportunities, options, and useful information when bringing your Luxembourg-based business to the U.S.  Learn from the network of Luxembourg Honorary Consuls throughout North America, and from the Consul Generals who support them, about the nuances of different parts of North America and what regions will best meet the needs of your industry or niche. Liaise directly with the Honorary Consuls, LTIOs, and other regional experts in each area to learn why their territory can offer just what you need to successfully launch your business here. Find out more and make connections! Our first spotlight is on….Arizona & New Mexico ~ supported out of San Francisco, CA by Mr. Daniel Da Cruz, Consul General, Executive Director LTIO ARIZONA Home to …

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J.P. MORGAN ASSET MANAGEMENT: CLIMATE CHANGE SOLUTIONS FUND

Floods, wildfires, and other extreme weather events continue to make the headlines. The harsh reality of global warming faces us all with an accelerating search for solutions to a raft of climate change issues. Financial institutions across the globe are rising to the challenge, taking responsibility for finding and funding those solutions. J.P. Morgan Asset Management is one of the companies addressing the challenges posed by climate change. LFF sat down with their Global Head of Sustainable Investing, Jennifer Wu and Portfolio Manager, Sara Bellenda, to learn more about their Luxembourg based Climate Change Solutions Fund. This fund seeks to invest in forward-thinking companies that develop products and services which directly contribute to the carbon-cutting agenda of the Paris Agreement. Could you explain what makes your Climate Change Solutions Fund sustainable and share some insights of the fund’s investment thesis? …

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Setting the scene with a keynote on the Luxembourg toolbox as a success story

LACC Executive Committee Member and Secretary, Nicolas Fermaud, to be the Chairman of the day and speaker at the Join ALFI in the United States for its ALFI Roadshow to New York, on 25 May 2022, where ALFI Chairman of the day and speaker, Nicolas Fermaud, will kickstart the day with a welcome address and dive into a fruitful introduction on the Luxembourg toolbox and successful key features with the audience. Setting the scene with a keynote on the Luxembourg toolbox as a success story Nicolas Fermaud’s practice as a Partner and Head of the Elvinger New York office concentrates on commercial and financial law, with a specialisation in investment vehicles, advising asset managers throughout the investment cycle.   Nicolas is an Executive Committee Member and Secretary of the Luxembourg-American Chamber of Commerce in New York, and a member of the editorial …

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New Honorary Consul of Luxembourg to Arizona and New Mexico

On Wednesday, March 23, 2022, H.E. Nicole Bintner-Bakshian, Ambassador of the Grand Duchy of Luxembourg to the United States officially installed Paul Binsfeld as Honorary Consul of Luxembourg to Arizona and New Mexico. The ceremony in Scottsdale was also attended by Luxembourg Consul Frank Biever and the former Honorary Consul to Arizona and New Mexico, Fernande Hastert Kuykendall, who was recognized for her years of service and commitment to Luxembourg.   Photo Credit: Embassy of Luxembourg in Washington

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