Door onze economieredactie 20 apr 2023 om 07:01 The funding ratios of the five largest pension funds in our country have risen slightly in the last three months. Funding ratio shows whether there is enough money to pay current and future pensioners. The financial position of ABB Government Employees Fund improved slightly. This also applies to the health care pension …

Japan’s export growth slowed in March, according to data from the Treasury Department. Declines in car and steel exports to China underscored worries about slowing global demand on the back of Western banks. Imports grew faster than exports in March due to higher prices for coal, crude oil and oil products, pushing the annual trade deficit in the world’s third-largest …

Photo: ANP Credit Suisse has been accused by the United States of obstructing investigations into several previously unknown secret Nazi bank accounts. The allegations are at the center of an internal investigation into the Swiss bank after the Simon Wiesenthal Center disclosed new information about Nazi-linked accounts to the bank in 2020. Although Credit Suisse initially agreed to the investigation, …

Russian Foreign Minister Sergey Lavrov says the global flight from the US dollar is now inevitable and will accelerate. According to TASS, which is funded by the Russian government, Lavrov told a press conference that many countries simply ignore the sanctions and threats from the United States and Western Europe. Common wealth of independent nations As an example of countries …

CIOs’ budgets may have increased, but at the same time this has not given them more leverage. This can be read in a recent report by software supplier SoftwareOne. For their study, researchers surveyed more than six hundred IT executives from the United Kingdom and the United States. 93% of CIOs budget more, but 83% expect they can accomplish more …

US Treasury Secretary Janet Yellen will address the Biden administration’s key goals for US-China economic ties in a speech in Washington on Thursday, the Treasury Department said on Tuesday, as tensions between the world’s two largest economies continue to rise. Yellen, who said last week she would travel to Beijing to meet her new Chinese economic counterparts, will make the …

Russia has accused ambassadors from Britain, the United States and Canada of meddling in its internal affairs after they condemned the treason conviction of a key opposition politician. On Monday, a Moscow court jailed Kremlin critic Vladimir Kara-Murza – who holds both Russian and British passports – for 25 years for treason in a trial he and the West say …

Major global money managers sold more Chinese stocks and added U.S. energy stocks to their portfolios at a record pace in recent days, Goldman Sachs reported. Managers decided to sell Chinese stocks amid heightened geopolitical tensions between the world’s second-largest economy and the United States. “Chinese stocks sold off net for the first time in a month as concerns about …

Photo: ANP A potential geopolitical crisis in East Asia could seriously disrupt the supply of raw materials from China and chips from Taiwan. And this could have major consequences for the social stability of the Netherlands, warn researchers at The Hague Center for Strategic Studies (HCSS). “MRI scanners, F35 fighter jets, wind turbines, electric cars and iPhones all rely on …

G7 countries pledge to end plastic pollution in their countries by 2040. G7 climate and environment ministers agreed Sunday in Tokyo, where a group of Western economic powers will meet later this week. Last year, Germany, France, Canada, the UK and the European Union already expressed their ambition to curb plastic pollution. Now, for the first time, they have also …