The tax law allowing firms to fully expense their research and development (R&D) costs expired at the end of 2021, and full expensing of equipment costs will begin phasing out in 2023. This decreases firms’ incentive to invest in these key drivers of economic growth and competitiveness. Congress should restore and make permanent full expensing for these investments.

Transatlantic Trends 2022 presents the results of surveys conducted in 14 countries from all corners of the transatlantic community. Divided into four chapters, Transatlantic Trends provides a detailed picture of public opinion on core and contemporary issues: global order, transatlantic relations, international security and defense, and relations with China.

A new report from the Bay Area Council Economic Institute, Assessing Jordan’s Potential as a Middle East Business and ICT Base, extends the scope of the Institute’s analyses deeper into the Middle East, examining the region’s potential as an emerging field for technology, investment and startup activity. It finds that despite its small economy Jordan’s strong relationship with the United States, business policies, and engineering workforce present significant opportunities for Silicon Valley and other U.S. companies seeking a regional offshore ICT base.

With its digital payments innovations and many pilot programs, Southeast Asia can be the global model in promoting fluid cross-border payments. The challenge now is to ensure full interoperability, especially among diverse trading partners moving with different speeds and following different standards and regulations.