Sunday, May 19

International

IMF: Hard Brexit Badly Hits The Netherlands
Europe, International, News, UK

IMF: Hard Brexit Badly Hits The Netherlands

IMF: Hard Brexit badly Hits the Netherlands. The Netherlands is one of the countries most likely to be hit by a so-called 'hard Brexit', according to a calculation by the International Monetary Fund (IMF) on Friday.   If the United Kingdom leaves the European Union without trade agreements, the scenario of a strong Brexit, the Netherlands can make 0.7 percent of the gross domestic product (GDP). The calculation of the IMF also shows that only Ireland will be hit harder. For this country, the decline would be 4 percent. The IMF investigated the outcomes of a tough Brexit for the 27 European member states. Also reveals that especially open economies that trade a lot with the United Kingdom, such as Ireland, the Netherlands, Denmark and Belgium, will be hit relatively more heavily. ...
Cabinet Nominates Schoof As A New Director Of The Intelligence
Europe, International, News

Cabinet Nominates Schoof As A New Director Of The Intelligence

Cabinet nominates Schoof as a new Director of the Intelligence Service AIVD. Dick Schoof will lead the intelligence and security service AIVD. He has been National Coordinator for Counterterrorism and Security (NCTV) since 2013.   The Cabinet will nominate him Friday, confirming sources after reporting by the NOS. Schoof succeeds Rob Bertholee. His term ends later this year. The AIVD has the task of protecting national security by "timely identification of threats, international political improvements and risks that are not immediately visible". One of the tasks of the NCTV is to minimise the risk of terrorist attacks in the Netherlands. Schoof was also involved in the aftermath of the MH17 disaster. The NCTV is also involved in cybersecurity. According to Schoof, Netherlands has...
Financial Position Pension Funds Stable In June
Europe, International, News

Financial Position Pension Funds Stable In June

Financial position Pension Funds Stable in June. The financial position of the Dutch pension funds remained stable in June compared to the previous month.   According to research agency Aon, the funds had to deal with minimal movements in interest rates and terms of their investments. Resulted in the so-called funding ratio at the same level. This indicator, which shows the extent to which the funds can meet their responsibilities, averaged 111 per cent last month. Means that the Dutch pension sector is still not out of trouble. Many funds do not expect to be able to increase their pensions in the coming years. The chance of discounts is still in the air. In The Hague, the social partners have been working for a long time on a large-scale improvement of the pension system. But th...
Trump is Weakening Measures Against China Investments
Business, China, International, News, US

Trump is Weakening Measures Against China Investments

Trump is Weakening Measures Against China Investments. Donald Trump slightly weakened his plans for restrictions on Chinese investment in the United States.   In the fight against the theft of intellectual property, the American president wants to increase the powers of the governmental body CFIUS, which looks at acquisitions by foreign investors. Initially, it was feared for further measures by Trump against China, posted by the Planet Blog. Reportedly, he initially wanted to block investments from the People's Republic in essential sectors such as ICT, aviation and biotechnology, based on a little-used emergency law. As a result, he could take protectionist measures on his initiative. By now aiming for protection through CFIUS, he must continue to cooperate with the Congress.
Burqa Ban in the Netherlands
Europe, International, Netherlands, News

Burqa Ban in the Netherlands

Burqa Ban in the Netherlands. There will be 'a burqa ban' in Dutch educational and care institutions, in government buildings and on public transport, reports GOK News.   The Senate agreed on Tuesday with a partial ban on 'wearing face-covering clothing'. This includes theoretically also balaclavas and full-face helmets. GroenLinks, SP, D66 and PvdA voted against the motion. The support in the Senate for the proposal was less than in the Lower House at the end of 2016. At that time only D66, GroenLinks and the current Denk-Kamerleden voted against Öztürk and Kuzu. The motion only applies to employees in a public function - individual companies may determine their own house rules. The proposal states that the Lower House must evaluate the law after three years. It must also be cons...
Albania Rejects European Refugee Center
Albania, Europe, International, News

Albania Rejects European Refugee Center

Albania does not want a centre of the European Union on its territory where migrants are taken care of. "We will never accept such a European refugee camp," says Albanian Prime Minister Edi Rama to the German newspaper Bild.   Even if the EU grants membership to its country in exchange, it would reject the proposal. Rama is fundamentally opposed to 'dumping despairing people somewhere as toxic waste that no one wants'. According to Rama, Albania is willing to make a just contribution to helping European countries, but its state cannot take on all the problems. It is 'a dangerous solution to make Albania the breakwater for European refugees', he says. On Tuesday The Greater reports, European pressure from the European Union under pressure from Germany will give the green light to s...
Spanish Supreme Court Confirms Puigdemont Trial for Rebellion
Europe, International, News, Spain

Spanish Supreme Court Confirms Puigdemont Trial for Rebellion

The deposed Catalan Prime Minister Carles Puigdemont and fourteen other separatist politicians must undoubtedly stand trial for rebellion, infidelity and civil obedience. The Spanish Supreme Court dismissed an appeal from the defendants, reports Press Cube.   The accusation of rebellion is justified because there has been an 'uprising' of the separatists. It was 'unlawful' and aimed at gaining the independence of Catalonia, according to, among other things, the reasoning of the appeal chamber of the court. It rejected the separatists' claim that they were victims of 'political persecution' in Spain. Several defendants are already living in a Spanish cell, others - such as Puigdemont - are living in exile. After the controversial referendum on Catalan independence and his dismay fr...
Family Can’t See Joe Jackson at the Deathbed
International, News, US

Family Can’t See Joe Jackson at the Deathbed

Family Can't See Joe Jackson at the Deathbed. Family members gathered around Joe Jackson's hospital bed. The health of the 88-year-old daddy of Michael Jackson is deteriorating, reporting sources to TMZ and Planet Engine.   Joe would become weaker by the day, and his family keeps in mind that he will not live long. "It is now waiting, the end can be any time there", according to a source. The Jackson patriarch was meant to be at home in Las Vegas the last days of his life. The old Jackson has been ill for a while and is struggling with an incurable form of cancer. It has not been going well for months with his health, but two weeks went quickly downhill. Joe would have previously forbidden his family to visit him in the hospital because he did not want them to see him in such a f...
Time is Running Out for Thai Football Players in Flooded Cave
Asia, International, News, Thailand

Time is Running Out for Thai Football Players in Flooded Cave

The time is beginning to penetrate for twelve Thai football players. The youth team from Tham Luang Nang Non has been stuck in a kilometre-long cave complex since Saturday. Heavy rainfall and rescue workers have flooded the caves are doing everything they can to save the teenagers and their coach, says MAG Mania.   Concerned parents and family members have been camping in the park for days and pray for the safe return of the football players. , I'm sure they will be rescued today, with the help of all teams, '' said Pean Kamlue, the mother of a 16-year-old boy who is in the cave against The Bangkok Post. The Thai Prime Minister Prayut Chan-o-cha said at the beginning of a parliamentary meeting that all possible means were used to free the boys from their plight. In recent days, div...
Facebook Partially Bans Advertising for Cryptocurrency
Business, International, News, Tech

Facebook Partially Bans Advertising for Cryptocurrency

Facebook Partially Bans Advertising for Cryptocurrency. Facebook is partially withdrawing the prohibition of advertisements related to cryptocurrency, such as bitcoin. Approved advertisers may now place advertisements around virtual coin services.   Advertisements that promote so-called binary options or initial coin offerings (ICOs) are still not allowed, Hope News reports. With a binary option, a buyer gambles whether the price of the virtual currency will be higher or lower in the future than at the time of the purchase. On this basis, crypto coins will or will not be paid out. An ICO is midway between an IPO and crowdfunding, where companies raise money by selling new virtual currency. In January, Facebook announced that the social network would no longer allow advertisements ...