News

The implementation of the trade deal between the European Union and the United States has moved a step closer. Last summer, the European Commission and the US government agreed that the US would apply a general tariff of 15 percent to most European products. Conversely, there will be no increased tariffs and Brussels itself will scrap tariffs. These proposals still need to be ratified but do a general direction of the trade agreement.

Partly due to the escalation of the war between the US and Israel against Iran, stock traders fear that the conflict will drag on for a long time. A situation of high inflation slowing economic growth is what market experts fear.

Oil prices have risen further following attacks on key energy facilities in the Middle East. Missiles struck Qatar's main gas production site. At the pump in the Netherlands, recommended prices for petrol and diesel continued to rise above €2.50 for a litre.

Eindhoven election results are awaited, and the evening has begun with the Mayor's speech. Stay tuned for more ... At 23:30 hrs (preliminary results) GL-PvdA on top...

In Veldhoven, 8,688 eligible voters used the StemWijzer tool to help them navigate party platforms. This accounts for approximately 23.5 per cent of the municipality's 36,900 eligible voters.

German chemical leader BASF has announced price increases of up to 30 per cent for cleaning product ingredients as the conflict in Iran disrupts global supply chains. Rising costs for energy and raw materials are forcing manufacturers to adjust their pricing, which may soon affect the cost of household brands. Other major chemical firms are also reporting similar spikes in the prices of animal feed and industrial rubber.

Jumbo has issued a precautionary recall for its own-brand frozen green beans after two customers reported finding dead mice in their packets. While the supermarket chain maintains there is no threat to health, it has launched an investigation with its supplier. Customers who feel uneasy about their recent purchases are being encouraged to return the items for a full refund.