Economics

Economics

Gift cards for minima in 120 municipalities unusable after Bankruptcy GroupCard

In approximately 120 municipalities, gift cards for caregivers or low-income residents are unusable. For example, city passes and do-it-yourself passes are invalid after the bankruptcy of their publisher, Groupcard. Some municipalities want to take action against the company. According to the AD, there are tens of thousands of victims. Municipalities such as Haarlem, Tilburg, Deventer, […]

Economics

US is carrying new import duties against countries without a Trade deal

The American President Donald Trump signed an order on Thursday to introduce new import duties against dozens of countries. These are increases of 10 to 41 percent. Trump had previously indicated that he would introduce higher tariffs no later than August 1. The new tariffs are intended to take effect in a week. The US

Economics

Ferrari makes more profit because fans are not shocked by rising prices

Where most European car builders see their profit shrink due to the American import duties and global price increases, the money flows into Ferrari. The Italian supercars remain popular and the higher demand was the extra costs of taxes. Ferrari made more sales and profit last quarter than in the same quarter a year ago.

Economics

Despite more sold cars, Renault suffers billions of losses

Renault suffered a loss of billions in the first half of this year. This is mainly due to an adjustment of the stake in car manufacturer Nissan. Without Nissan’s loss, Renault would have made almost 500 million euros in profit. The Japanese car manufacturer Nissan has been suffering losses for some time. That is why

Economics

More and more mortgages with safety net, especially with new -build homes

Dutch people are increasingly taking out mortgages with a mortgage guarantee, a safety net for residual debt. The NHG, the organization behind this safety net, has “mixed feelings” about the increase in existing homes. In addition, the strong increase in new construction is striking. The number of guarantees for new-build homes was more than 40

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