Category: Economy

Western sanctions deal a heavy blow to Russia: “Deficiency is near” | Financial issues

Fitch had previously downgraded Russia’s credit rating to junk, which means investors in Russian government bonds are at significant risk. Moody’s and Standard & Poor’s (S&P) also have unimportant ratings for Russia. Because of the sanctions, Russia is facing difficult economic times and government revenue is severely affected. This may make Moscow less willing to […]

Extension of the European Corona Guide, right? “The Council of Ministers is manipulating the confidence of citizens”

The House of Representatives is in tension due to the proposal of Representative Peter Omtzegt a few weeks ago, ordering the Council of Ministers not to take any steps until approved by the House of Representatives. No permission In a letter to the House of Representatives, Kuipers wrote that he would not take irreversible steps […]

Ethical dilemma of Dutch shipbuilders: the ‘day’ of the rich Russians is also a ‘day’ of their billionaires

Damen shipyards in Vlissingen.Statue of Peter Hilz / ANP After the Russian invasion of Ukraine, Damen Shipbuilding Group spoke of a “split” and an “ethical dilemma”. Was it still possible to build ships for the Russians? On Saturday, the Dutch family business with customers in Ukraine and Russia decided to stop trading with Russian customers. […]

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