The United States is pledging more than $171 million in funding to Venezuela at a donor conference in Brussels on Friday, a U.S. official told Reuters, as the country’s opposition awaits U.S. moves to release frozen Venezuelan government funds. The pledge is expected at the EU’s support conference on solidarity with Venezuelan refugees and migrants. […]
Credit Suisse sued by angry US investors
Photo: ANP Angry investors sued Credit Suisse after the Swiss bank saw a significant loss in its stock market value. They say the finance group gave its own business a more upbeat outlook in its annual report for 2021. In it, Credit Suisse did not report deficiencies in internal controls that later came to light. […]
The Netherlands will not succumb to America’s power play. Good luck, I thought
At the end of last year, our Economic Affairs Minister Mickey Adriansen vowed that we would not succumb to the American power play. His colleague for international trade, Liesje Schreinmaker, said the Netherlands would follow its own path in the case of chip machine manufacturer ASML. Good luck, I thought. Because in early October, US […]
‘Government wants to force ByteDance to sell TikTok in US’ – IT Pro – News
Let’s say Byte Dance sells TikTok to another company in the US. That other company can, for example, license the software so it doesn’t have to develop it I think US wants to sell the entire company, not just license the software. Frankly, I like your suggestion to sell only the license. There is no […]
Inflation is easing slightly in the US, and the stock market is worried about Fed rate hikes
Americans spent an average of 6 percent more on groceries, services or other living expenses in February. As a result, inflation has come down slightly compared to the previous month. The inflation rate was in line with the average expectations of economists. In January, consumer prices were still up 6.4 percent on a year-over-year basis. […]
US arrests Chinese president for embezzlement: $1 billion used for luxury yacht and Bugatti | Abroad
The US Attorney’s Office arrested Chinese businessman Guo Wengui in New York on Wednesday. He is suspected of using the billions of dollars collected from his social media followers to pay for his luxury yacht, customized Bugatti sports car and lavish home instead of investing in his media company. Guo is also known as Miles […]
US collides with China and ASML from Veldhoven is this victim | economy
14 mrt 2023 om 12:04Update: een dag geleden It’s been up in the air for a while, and it finally came out last week: ASML is no longer allowed to supply certain chip machines to China. That makes Europe’s biggest tech company the center of a global fight between the two superpowers. More countries will […]
Bite Dance May Want to Split TikTok in America – IT Pro – News
You rightly state why we in Europe have to depend on foreign big technologies. You know that every legislator in principle will always give more weight to what we want when weighing the interests between what they want and what we want. In short: you only make a negative decision (for yourself) if there is […]
The credit rating agency is the darkest in the entire US banking industry
Photo: ANP Credit rating agency Moody’s says the outlook for the US banking sector as a whole has worsened. Two banks, Silicon Valley Bank and Signature Bank, collapsed over the weekend as customers panicked and withdrew their money. According to Moody’s, other banks could suffer from customers looking to store their balances elsewhere. The outlook […]
Expected US interest rate decision sees change
Economic developments in the United States are of great importance globally. We are currently eagerly awaiting the release of the US Federal Reserve’s latest interest rate decision and inflation data for February. However, recent events in the US banking sector may dampen expectations of a rate hike and overshadow the release of inflation data. In […]