International

Dutch CEO Of AEX Company Earns 3.2 Million Pounds
Europe, International, News

Dutch CEO Of AEX Company Earns 3.2 Million Pounds

Dutch CEO of AEX company Earns 3.2 Million Pounds. The directors of the largest Dutch companies received an average remuneration of 3.2 million pounds last year, although the differences are significant.   The least earning CEO gained 629,000 pounds while the most earning 7.4 million pounds. In 2016, the average remuneration stood at 2.6 million pounds, according to Wednesday from an overview of the Belgian training institute Vlerick Business School. The institution reviewed the remuneration of CEOs of 862 listed companies in the Netherlands,  Belgium, France, Germany, Switzerland, the United Kingdom and Sweden. In Germany and the United Kingdom, the directors of large listed companies deserve more. The average annual salary in Germany is 5.5 million. In the United Kingdom, it ...
Topman EU Support Fund: International Interest In The Euro Is Growing
Europe, International, News

Topman EU Support Fund: International Interest In The Euro Is Growing

Topman EU support Fund: International interest in the Euro is Growing. According to Klaus Regling, CEO of the ESM European support fund, international interest in the euro is increasing.   Mainly in Asia, the European single currency is increasingly being used by trade strains between China and the United States. Regling stated that after the monthly meeting of the finance ministers of the euro countries (Eurogroup). They addressed the role of the euro in the world economy. "Less than twenty years after the euro was created, it is the second most used currency in the world,"  declared Eurogroup chairman Mario Centeno. Last month, European Commission President Jean-Claude Juncker debated for strengthening the international role of the euro. "It is ridiculous that European compa...
Premier May Warns Dissidents In Their Party For ‘No Deal Brexit’
International, Local, News

Premier May Warns Dissidents In Their Party For ‘No Deal Brexit’

Premier May warns Dissidents in their Party for 'no deal Brexit'. British Prime Minister Theresa May has warned her fellow party members that the alternative to her Brexit plans is a British exit without appointments.   The departure of the United Kingdom (UK) from the EU must take place on 29 March 2019, but there is no exit agreement with the European bloc yet. An influential group of dissidents from the Conservative Party has warned to fight May in the House of Commons while attempting to make agreements with the EU. It is still to know whether the Prime Minister can recruit the 320 votes she needs to get her plans to make it happen. "In that case, the alternative is that there is no appointment," May said in an interview. The group consists of parliamentarians who are in fav...
Iran: Enough Resources To Compensate
International, Iran, News

Iran: Enough Resources To Compensate

Iran: Enough resources to Compensate for US economic Sanctions. The Iranian government stated Saturday that it has enough funds to deal with the consequences of the US economic sanctions.   The country will compensate any lower income due to the sanctions with extra revenue from the sale of oil and other natural resources. We are in a crucial situation for our economy, but we are not on a dead end. This country has many human and natural resources that we can trust, Iran's Vice President Eshagh Jahangiri mentioned, according to reports. US President Donald Trump broke the nuclear deal earlier this year that was signed with Tehran under his predecessor Obama. Trump wants a better deal with Iran and tries to put the government under stress by instituting sanctions.
HEMA Says The Contract With Franchisees
Europe, International, News

HEMA Says The Contract With Franchisees

HEMA says the Contract with Franchisees. Retail chain HEMA wants to get rid of the shop owners who are board members of the franchise association Vereniging Vloten, VAB HEMA.   The company has declared in a recently sent letter that it will not continue the contracts with these franchises. The franchisees operate 24 stores. HEMA has disagreed with its franchisees for some time, including costs related to online sales. The 96 franchisees, united in the VAB HEMA, hold approximately 40 percent of the HEMA stores in the Netherlands. Last month, the court in Amsterdam still mostly ruled the franchisees in the long-running conflict with the head office about costs for e-commerce. Consultation is only allowed via VAB board The meeting between HEMA and the VAB is at a standstill. HEMA ...
British Minister Sees A Small Chance In Agreement On Conditions Brexit
International, Local, News

British Minister Sees A Small Chance In Agreement On Conditions Brexit

British Minister sees a Small chance in Agreement on Conditions Brexit. The possibility that the Brexit negotiations will result in a deal is less than the likelihood that there will be no agreement about the terms of UK withdrawal from the European Union.   That stated the British Minister of International Trade in an interview. "There is a 60 percent probability that no agreement possibly reached," blaming the European Commission for lack of flexibility in the sixteen-month talks. The warnings have recently swelled that a so-called hard Brexit seems inevitable. Prime Minister Theresa May still hopes to reach an agreement before October on trading situations with the EU after the British exit. That would mean that the British and the European Parliament would have the time to d...
Twitter Refused 70 Million Accounts In May And June
International, News, Technology

Twitter Refused 70 Million Accounts In May And June

Twitter Refused 70 Million accounts in May and June. Twitter has removed more than one million accounts a day in recent months. In May and June, it involved 70 million accounts.   Since October last year, the number of suspended accounts has more than doubled, Twitter confirms to The Washington Post. Twitter has started to take action against people who abuse the platform. It includes the number of fake news and misleading information. In March, changes in the algorithm were declared, through this bad behaviour can be recognised. Twitter published a message in June, in which the company explains how spam and abuse are handled. It states that the weekly 10 million accounts were examined for authenticity. Users had to confirm their report via a telephone number or e-mail address....
Kuipers Leads Duel between England and Sweden
International, News, Sports

Kuipers Leads Duel between England and Sweden

Kuipers Leads Duel between England and Sweden. The arbitration team of referee Björn Kuipers has been awarded the match between Sweden and England at the World Championships in Russia.   The game in the quarter-finals takes place Saturday in Samara and starts at 16.00, posted by the Planet Blog. For Kuipers and co it is the fourth appointment at this World Cup. Earlier, the Dutch corps was in charge of the matches Russia - Spain (eighth finals), Egypt - Uruguay and Brazil - Costa Rica (two group matches). Kuipers (45) was also still active as the fourth official in the group match Argentina and Nigeria. Danny Makkelie is the regular video referee at Team Kuipers. The Argentinian Néstor Pitana flute Friday-afternoon France-Uruguay. The duel between Brazil and Belgium later that da...
Angela Merkel Warns Against The Outbreak Of Real Trade War
Business, China, Germany, International, News, US

Angela Merkel Warns Against The Outbreak Of Real Trade War

Angela Merkel warns Against the Outbreak of real Trade War. German Chancellor Angela Merkel warns that a "real trade war" will arise if the US introduces additional import tariffs on European cars, reports The Greater.   The German Chancellor does not yet want to speak of a "trade war", but calls it a "trade conflict", German media write Wednesday. "It is worth every effort to ensure that this dispute does not turn into a real war," said Merkel on Wednesday in the German Bundestag. The import tariffs on European cars are, according to her, "much more serious" than the previously added tax on imports of European steel and aluminium. According to the German Chancellor, the financial crisis shows that cooperation works better than unilateral measures. "The international financial c...
Turkish President Erdogan Re-Elected with 52.6 Percent Votes
Asia, International, News, Politics, Turkey

Turkish President Erdogan Re-Elected with 52.6 Percent Votes

Turkish President Erdogan Re-Elected with 52.6 Percent Votes. In Turkey, President Recep Tayyip Erdogan was re-elected with a total of 52.59 per cent of votes in the elections on 24 June. This is evident from the final results published today by the High Electoral Council (YSK).   The candidate of the largest opposition party CHP ended with 30.64 percent in second place. The third was Selahattin Demirtas of the pro-Kurdish party HDP (Democratic Party of Peoples), with 8.4 percent of the votes behind his name, posts MAG Mania. The Electoral Commission also published the results of the parliamentary elections. Erdogan's conservative Islamic party AKP (Party of Justice and Development) won 295 seats in parliament, just not a majority. The AKP, however, forms an alliance with the extr...