News

jor European airlines say they will be forced to raise ticket prices as jet fuel costs climb sharply due to instability in the Middle East and disrupted oil shipments from the Persian Gulf.

Local parties secured more than a third of all council seats in the latest municipal elections, achieving their strongest result ever. Several national parties, including GroenLinks–PvdA and the Socialist Party, suffered significant losses.

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.