Netherlands Financial News

Every economic crisis tends to also become a crisis in economics—as events throw an unsparing light on the gaps in our knowledge of how an economy works. It is not different this time round either. Christine Lagarde, a former managing director of the International Monetary Fund who is now president of the European Central Bank, did not pull any punches in a speech she delivered at the annual World Economic Forum jamboree at Davos this month.

Roman Storm, co-founder of Tornado Cash, a controversial cryptocurrency mixer, expressed fear and sought support from right-to-privacy advocates in anticipation of his upcoming criminal trial.

British forces carried out a fresh round of strikes on Monday in Yemen, targeting a Houthi underground storage site as well as missile and surveillance capabilities used by the Iran-aligned group against Red Sea shipping, the Pentagon said. The Houthis, who control the most populous parts of Yemen, have said their attacks are in solidarity with Palestinians as Israel strikes Gaza. The Houthi attacks have disrupted global shipping and stoked fears of global inflation. They have also deepened concern that fallout from the Israel-Hamas war could destabilize the Middle East. In the latest response, U.S.

European Union can avoid getting swept up into China’s response to US chip-equipment curbs, Beijing’s ambassador in The Hague said in an interview with a Dutch newspaper. “If the Americans treat us in a hegemonic manner, we will of course respond,” said Tan Jian, Chinese ambassador to the Netherlands, in an interview with NRC published Sunday. “But our relationship with the EU should not be affected.”

(Updated — January 22, 2024 11:28 AM EST)

DAVOS, Switzerland (Reuters) — Argentina's President Javier Milei will meet British foreign minister David Cameron and IMF chief Kristalina Georgieva on his trip to Davos, where he is expected to pitch his ultra-liberal government programme in a special address later on Wednesday.

Sen. Markwayne Mullin, R-Okla., reacts to the U.S.-U.K. militaries launching strikes against Houthis in Yemen and weighs in on the Iowa caucuses on 'The Bottom Line.'

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Mint on 29 December reported that the union government was considering a 50% duty on the export of molasses to augment supplies for meeting India's target for cleaner and more efficient ethanol-blended petrol. The government aims to achieve its E20 (20% ethanol blended petrol) target by 2025-26 from its present 12%. India is the world’s largest molasses exporter and contributes about 25% to global trade.

The more the U.S. government worries about China’s ambitions in the chip industry, the more equipment for making chips that China seems to buy. When ASML, the Dutch company that makes the world’s most advanced lithography machines for manufacturing microchips, reports fourth-quarter results next week, one of the most eye-catching numbers will be the share of sales it made in China.

statement on January 11 that at his directions, “US military forces — together with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands — successfully conducted strikes against a number of targets in Yemen used by Houthi rebels to endanger freedom of navigation in one of the world’s most vital waterways." After the US launched strikes against Houthi forces, some US lawmakers accused President Joe Biden of violating the Article 1 of the US Constitution. Congresswoman Pramila Jayapal of the Democratic Party called the strikes an "unacceptable violation of the Constitution". Meanwhile, Rep.

From electric cars to transparent TVs to the latest accessibility tech and virtual assistants backed by artificial intelligence, there was a wide range of innovations on display at the CES tech show in Las Vegas this week

British Prime Minister Rishi Sunak said on Friday that the country's joint air strikes with the US against Houthi military targets in Yemen overnight was a «necessary and proportionate action in self-defence.» The US-led strikes are the first against the Houthi militia since it started targeting international shipping in the Red Sea from November 2023. Sunak accused the Iranian-backed group of threatening UK ships as the US Air Force said more than 60 targets at 16 locations used by Houthis in Yemen were struck.

outdoor humidity and temperature levels during pregnancy are associated with blood pressure changes in the children, new study has found. An international team of researchers found that exposure to higher relative humidity while being pregnant was linked to a steeper increase in blood pressure in childhood, whereas being exposed to higher temperatures during pregnancy was linked to a slower increase in blood pressure in childhood (age 3-10 years).

In a statement, Russia's Permanent Mission to the UN said, «Russia has requested an urgent UN Security Council meeting on January 12 in connection with US and UK strikes on Yemen.» In a statement to TASS, the mission said the meeting was scheduled for 10 am (local time) (3 pm GMT) Russia's decision comes after US military forces, along with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands, carried out strikes against a number of targets used by Houthi rebels in Yemen in the early hours of January 12. UK Prime Minister Rishi Sunak has said that the Royal Air Force has conducted targeted strikes against military facilities used by Houthi rebels in Yemen, calling it «limited, necessary and proportionate action in self-defence.» Rishi Sunak said the UK will always stand up for «freedom of navigation and the free flow of trade.» He stated that the Houthis, despite the repeated warnings from the international community, continue to conduct attacks in the Red Sea, including against UK and US warships just this week. In a statement, Rishi Sunak said, «Despite the repeated warnings from the international community, the Houthis have continued to carry out attacks in the Red Sea, including against UK and US warships just this week.» «This cannot stand.

Houthi military positions in Yemen Thursday night in a massive “direct response” to escalating attacks on vessels in the Red Sea, U.S. President Joe Biden confirmed.The move marks a dramatic escalation of a simmering regional conflict in the Middle East sparked by Hamas’ deadly attack on Israel last October and Israel’s responsive offensive on Gaza.Canada joined Australia, Bahrain and the Netherlands in providing support for the strikes, but the extent of that support was not immediately clear.“These targeted strikes are a clear message that the United States and our partners will not tolerate attacks on our personnel or allow hostile actors to imperil freedom of navigation in one of the world’s most critical commercial routes,” Biden said in a statement provided by the White House.“I will not hesitate to direct further measures to protect our people and the free flow of international commerce as necessary.”The strikes targeted Houthi-connected facilities storing the rebel group’s combat drones and ballistic and anti-ship missiles, as well as air defence systems and logistical hubs in Yemen, U.S.

SEC) approved US-listed exchange-traded funds (ETFs) that track Bitcoin, Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday warned that crypto mania can have a Tulip mania-like outcome. «We are all familiar with the Dutch term Tulip mania in the Netherlands. I don't think the world, emerging markets in particular, can afford crypto mania which can have a similar outcome,» Das said at Mint BFSI Summit. While making it clear that RBI's position on crypto remains unchanged, irrespective of who does what, Das said, «Just because somebody is doing something, we are not here to emulate them....travelling down that path will create huge risks which, going forward, will be very very difficult to contain.» Paving the way for inflow of billions of dollars in cryptocurrency, the US has approved 11 Bitcoin spot ETFs. For Indian investors, the Bitcoin ETF will provide an opportunity to include crypto in their portfolio via the LRS route.

Yemen over recent attacks on Red Sea shipping were «necessary and proportionate», UK Prime Minister Rishi Sunak said. «Despite the repeated warnings from the international community, the Houthis have continued to carry out attacks in the Red Sea,» Sunak said in a statement. «We have therefore taken limited, necessary and proportionate action in self-defence, alongside the United States… to degrade Houthi military capabilities and protect global shipping,» he said. Sunak's statement followed comments by US President Joe Biden about the strikes carried out against the Houthis, who control wide areas of Yemen. Biden described the joint strikes as «defensive» and warned of further measures if the Iran-backed rebels kept attacking Red Sea shipping. He said Australia, Bahrain, Canada and the Netherlands had also provided non-operational support. The Houthis have stepped up attacks in recent weeks on shipping in the Red Sea, a vital waterway through which 12 percent of world trade flows. Houthi television channel Al-Massirah said the air strikes hit the capital Sanaa as well as the cities of Hodeida and Saada. US and British forces this week shot down 18 drones and three missiles fired by Houthi rebels in the Red Sea in what Washington called a «complex Iranian-designed» attack. UK Defence Secretary Grant Shapps said on social media platform X that four Royal Air Force Typhoon fighter jets had taken part in Friday's strikes against Houthi targets alongside US forces. Sunak described the Houthis' actions as «irresponsible» and «destabilising» and said their attacks were «driving up commodity prices». «This cannot stand.

This year’s scores on the Henley Passport Index, which tracks how easily people can travel abroad, are out. For the past five years, Singapore and Japan have been contenders for the honour of issuing the most powerful passports, granting their holders access to more of the world’s countries without a prior visa than others.

By Sudarshan Varadhan

Houthi movement in Yemen, four U.S. officials told Reuters on Thursday, the first strikes against the Iran-backed group since it started targeting international shipping in the Red Sea late last year. A Houthi official confirmed «raids» across the country, including in the capital Sanaa along with the cities of Saada and Dhamar as well as in Hodeidah governate, calling them «American-Zionist-British aggression.»