Economy

These are the five largest economies in the world in 2075

These are the five largest economies in the world in 2075

Lagos, Nigeria (Image: Unsplash) What the world will look like in fifty years is anyone’s guess. But that doesn’t stop economists from predicting which countries will be more hands-off in the future. These countries should have the world’s largest economy by 2075. In 1980 the Netherlands had the twelfth largest economy in the world. At the beginning of the century, …

Read More »

Phillips sees an increase in injury claims around ventilators in the US

Phillips sees an increase in injury claims around ventilators in the US

Phillips sees a rebound in the number of personal injury cases in the United States. Hundreds of individual claims have now been filed by Americans due to health complaints related to the recalled Philips inhalers and breathing devices. The number of personal injury claims in the US has increased by 150 since April of this year. In a presentation of …

Read More »

Sources: ASML restrictions on exports to China are still strict

Sources: ASML restrictions on exports to China are still strict

Photo: ANP Dutch chip maker ASML’s exports to China could be further tightened. Sources tell Bloomberg News. It is already known that from September ASML will be able to supply only certain machines to China. But supplies to some Chinese factories may now be halted by the US, the sources said. For example, this could include doing business with a …

Read More »

Bank of America settles for a quarter of a billion dollars

Bank of America settles for a quarter of a billion dollars

Bank of America settles for $250 million in wrongful customer payment lawsuit The second largest bank in the United States has been accused of systematically overcharging customers for loans. Of that amount, $150 million is a ‘penalty’ and the remaining $100 million – repayment to defrauded account holders. The case is somewhat reminiscent of the compensation plans Dutch banks have …

Read More »

Biden: Putin Thought NATO Was ‘Exploding’ But He Was Wrong

Biden: Putin Thought NATO Was ‘Exploding’ But He Was Wrong

AB Productions | Source: AP Tonight at 8:41 PM Vilnius “NATO is stronger, more dynamic and more united than ever,” said US President Joe Biden, speaking at Vilnius University. Russian President Vladimir Putin’s hope that NATO would “break up” in 2022 has not come true, he says. “Putin thought democratic leaders were weak. But he was wrong.” Biden said Putin …

Read More »

Privacy activist Max Schrems wants the European commissioner to withdraw the charge

Privacy activist Max Schrems wants the European commissioner to withdraw the charge

A privacy enthusiast Max Schrems European Commissioner Didier Reynders of Justice yesterday retracted the accusations and apologized. Schrems and nonprofits filing privacy cases in the European Court are a “business model,” Reinders said. As Schrems said of one charge, he has now done so three times An open letter. The European Court of Justice has previously ruled that two agreements …

Read More »

Brussels sets new rules for secure data transfer to US

Brussels sets new rules for secure data transfer to US

Photo: ANP The European Commission has passed new EU legislation that it hopes will make European personal data safer for the US. For example, there are conditions on access to EU data by US intelligence services. The EU’s day-to-day administration says it will be limited to what is “necessary and proportionate”. This is the third time Brussels has tried to …

Read More »

Yellen: “U.S. does not want to fully disengage from China”

Yellen: “U.S. does not want to fully disengage from China”

By Niels ChallensPublished on Sunday 09 July 2023 to do 11:41 a.m • 4 Read less US Treasury Secretary Janet Yellen has completed a four-day visit to China. At a press conference on Sunday, he said his visit paved the way for better communication and cooperation between the two …

Read More »