Foreign Minister Wopke Hoekstra (CTA) should take the matter to the Dutch Data Protection Authority. A digital system for assessing visa applications could turn out to be discriminatory. Computers use algorithms to decide whether the authorities should assess the visa application lightly or more seriously. The privacy watchdog suspects it’s about ‘profile software’, meaning – the overcharge issue is still …
Read More »Thelma Binder
Since 2011, bank lending conditions have not been so strict
Finance•2 May ’23 at 5:07 PM•Edited May 2, ’23 7:09 PMAuthor of the books: Jorn Lucas and Remy Cock Borrowing is becoming increasingly difficult for firms and households. As a result of the European Central Bank’s interest rate policy, more European banks are tightening their lending conditions. The ECB’s quarterly report shows that conditions have not been so severe since …
Read More »Time is running out, debt ceiling to be raised in June, US Treasury Secretary | economy
The US Congress must raise the debt ceiling in June. It is even possible to take action before then. According to the finance ministry, after June 1, 2023, there is a risk of running out of money. US Treasury Secretary Janet Yellen wrote this in a letter to House Speaker Kevin McCarthy on Monday. The US Congress sets the debt …
Read More »Citi’s Fraser has warned that the US debt ceiling debate could have dire consequences
Citigroup CEO Jane Fraser said Monday that the debt ceiling debate in the U.S. was having dire consequences, the same day the investment world breathed a sigh of relief that an ailing bank was bailed out by a major rival. Debt ceiling turmoil is “more worrisome” than previous events, Fraser told the Milken Institute Global Conference. However, after Congress narrowly …
Read More »The United States has begun the process of evacuating American citizens from Sudan
The 845-kilometer journey was the first attempt by the United States to evict American citizens from the country, the newspaper said. The buses were followed by armed US drones. In recent days, the U.S. government has been asked repeatedly why it hasn’t done more when other countries are evacuating U.S. citizens from Sudan. Hundreds of Americans have already left the …
Read More »May 1, 2023 is Labor Day
Thursday 27 Apr, 09:00 Submitted Submitted: Every year on May 1, social democratic organizations focus on Labor Day. In Europe, May 1 is an official holiday except for a few countries, including the Netherlands. May 1 is a Catholic holiday, namely the feast of Saint Joseph the Worker. The May 1st celebration marks the introduction An eight-hour workday basically. You …
Read More »G7: Artificial intelligence needs more rules
Photo: ANP Further development of artificial intelligence (AI) requires additional regulations. For example, ministers from the G7, a group of seven wealthy nations including Germany and the United States, agreed to this at a summit in Japan. In a joint statement, they say the rules should be designed to maintain an “open and stimulating environment” for this emerging technology. In …
Read More »Disney Takes Florida Gov. Ron DeSantis to Court | media
Door onze entertainmentredactie 28 apr 2023 om 06:39Update: 2 dagen geleden Disney goes to court with Ron DeSantis. The company and the governor of the US state of Florida have been at loggerheads for some time. Disney is suing DeSantis and other state politicians, alleging retaliatory actions against the company. According to Disney, those restrictions began when the company spoke …
Read More »The eighth and last Dutch evacuation flight took off from Sudan
Like the Netherlands, the British Air Force used C-130 Hercules to transport evacuees.Image by AFP The occupants were flown to Jordan on Saturday evening by a C-130 Hercules transport plane. Most of the Dutch nationals known to the Ministry of Foreign Affairs to be in Sudan have now been evacuated from the African country by these military planes or other …
Read More »Bank stocks in Europe fell after renewed unrest in the US
European banks closed lower in stock markets on Friday. The unrest in the banking sector in the US has caused a drop in investor confidence. American First Republic Bank collapsed again on Wall Street and appeared to be bailed out by authorities. ING fell 1.7 percent on Damrak and was the biggest faller on the AEX. ABN AMRO also fell …
Read More »