A supreme first semester for the port of Antwerp

A supreme first semester for the port of Antwerp

During the first semester, the port of Antwerp handled more than 118 million tons of cargo, which is a record and an increase of 6.5% compared to the same period last year. Containers’ traffic remains the main growth engine, reveals a press release published last Friday. After a record first trimester, the first six months of the year confirmed the trend. In total, 118,648,143 tons of merchandise transited through Antwerp. Containers’ traffic (EVP) increased by 8.3%, to 5,567,905 twenty-foot containers. In May, the one million EVP mark was passed for…

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Fortis: the Amsterdam court has confirmed the payment of 1.3 billion euros

Fortis: the Amsterdam court has confirmed the payment of 1.3 billion euros

Almost ten years after the fall of Fortis, the aggrieved shareholders of the Belgian-Dutch insurance Bank will return part of their shares. The Amsterdam Court of Justice decided Friday to declare “binding’’ the payment project concluded between Ageas, Fortis legal successor, and some wronged shareholders’ associations. This payment, the most important of its type in Europe, forced Ageas, Fortis Holding’s legal successor, to place 1.3 billion euros on the table to compensate the shareholders and to close definitively this affair inherited from the Fortis dismantling in 2008. According to estimations,…

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TV buyers thanks to Eden Harard; bad news for UK insurers of Krëfel

TV buyers thanks to Eden Harard; bad news for UK insurers of Krëfel

Belgium beat England 2: 0 in the bronze medal match, bringing their score to 16 goals in this world Cup. This was bad news for electronics giants Krëfel (or rather their British insurers), as thousands of televisions will have to be paid back as part of a bet. It was Eden Hazard’s late goal against the English that did it. Krëfel had launched a publicity stunt this spring: everyone buying a television (with a 55-inch screen at least) between 26 April and 17 June, would get their money back, on…

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The strike of railway workers causes chaos, not least in youth camps

The strike of railway workers causes chaos, not least in youth camps

Among the victims of the two-day railway strike that began last night: scouts and other children are sent to the summer camp as school holidays begin. The strike by rail union OVS was somewhat mitigated by the fact that enough notice was given, and we are now in the holiday period. Only one train in three was due to run on Wednesday, but the rail authority NMBS has now instituted a system of minimum service, which gives priority to mainline services between cities. The authority also effectively uses social media,…

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The red devils will receive a special reception in Brussels this Sunday

The red devils will receive a special reception in Brussels this Sunday

The Belgian national football team, nicknamed the red devils, can expect a special reception in the centre of Brussels next Sunday when they return from the world Cup in Russia. After being received by the king, they will appear in the city hall’s grand balcony around 3PM. The programme which has just been released, will serve an incentive to try and whip England tomorrow in the clash for the bronze. The players will first go to Laken Castle, around 12:30 CET, where they will be received by King Filip. Around…

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SNKB and unions reached an agreement after a two-day strike

SNKB and unions reached an agreement after a two-day strike

Railway traffic is reported to have returned to normal after a two-day strike on Tuesday and Wednesday this week, with the additional promise of normal service will be resumed: the unions and the management of the SNCB/NMBS railway authority have reached an agreement that is likely to exclude further industrial action for the summer. The main element of the agreement involves an increase of 6% in purchasing-power payments for train drivers – a formula which allows the SNCB to treat it as a one-off allowance, rather than a change in…

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Trump threatens to leave NATO if they do not make immediate efforts on defense spending

Trump threatens to leave NATO if they do not make immediate efforts on defense spending

American President Donald trump has threatened Thursday to leave NATO, if the allies will not undertake immediate efforts to increase their defense spending, according to diplomatic sources following the discussions during the Second session of the Atlantic summit, was quoted by German press Agency DPA. This information was confirmed by Belga. Donald Trump was extremely aggressive towards his NATO Allies, demanding that they reach “immediately’’ 2% of their Gross Domestic Product (GDP) in military expenditure. He even suggested, during interviews held Wednesday, that member countries invest 4% of their GDP…

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Ukrainian investor Igor Nikonov – today’s Ukraine is an emerging Klondike

Ukrainian investor Igor Nikonov – today’s Ukraine is an emerging Klondike

Igor Nikonov – is a large Ukrainian businessman, who has been successfully and transparently doing business in this country for over 15 years and knows how to convert risks into profits. Igor Nikonov believes that the current Ukraine – is the Klondike before the opening, and everyone who is ready to take risks and invest in the country now has a very good chance to build a successful high-margin business with a profitability of about 30-40%. Nikonov is convinced that a great perspective is in the sphere of import substitution,…

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“Avoid a trip to Brussels, if possible!”

“Avoid a trip to Brussels, if possible!”

NATO is holding a two-day summit, and if you live in the Belgian and Flemish capital, then you have certainly noticed some preparatory activities. It is expected that the presence of so many high-level delegations, including President trump, will cause a traffic violation, as there are special security measures. Watch out where you park your car because several security zones have been set out and here there is a parking ban. All vehicles including mopeds and motorbikes will be towed away. Affected are the surroundings of NATO HQ in the…

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Dries Van Noten launches online collection

Dries Van Noten launches online collection

Belgian designer Dries Van Noten has launched a new collection that will be exclusively sold online. The collaboration with mytheresa.com, one of the first online stores for luxury fashion, marks the time the Dries Van Noten fashion house is teaming up with an online retailer. “I am very happy that this, our first collaboration online, is with Mytheresa.com. The fabrics and prints of these garments have been exclusively created for this limited wardrobe. I feel they capture the essence of the collection,” Van Noten said in a statement. “It just…

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