Belgium economy to spend two more years in pain and misery before it will fully recover

Belgium economy to spend two more years in pain and misery before it will fully recover

It is expected to take until 2023 before global trade returns to the level before the coronavirus crisis. That is what the economists at Euler Hermes write in a new macro-economic study. Belgium is among the worst cases in Europe: countries like Germany, the Netherlands and Sweden will recover faster. The global economy has suffered a severe blow: the experts at Euler Hermes expect a contraction of at least 4.7% in 2020. Global trade will fall by 15%. The energy sector has been particularly hard hit. The metal industry, the…

Read More

Trade policy should by greener and more assertive, Commission suggests

Trade policy should by greener and more assertive, Commission suggests

A tougher approach with partners and more focus on climate and labour rights will be key pillars of the new EU trade policy outlined by the European Commission on Thursday (18 February). The Commission’s executive vice-president responsible for trade, Valdis Dombrovskis, said that the three key words of the new approach will be “open, sustainable and assertive”. He explained that any future deal will include the Paris climate commitments as an “essential element”. The EU’s approach could include liberalisation of trade in certain green goods and services, or agreements to…

Read More

Should Israel consider joining NATO?

Should Israel consider joining NATO?

There are several questions and challenges about the role of NATO since the end of the Cold War. Some countries, which had a vital position for the Atlantic Treaty, are now following a totally different path in both their internal and foreign policy making. On the other hand, new developments in foreign policy dynamics in NATO neighbourhood could also justify new memberships. One interesting debate is the place of Turkey and Israel within the North Atlantic Alliance. One can make the following question: Why a quasi-autocratic ruled Turkey remains a…

Read More

Adult entertainment workers protest against Brussels’ landlords

Adult entertainment workers protest against Brussels’ landlords

Several sex workers from the Brussels North Quarter in Saint-Josse-ten-Node are filing a complaint against their landlords for the high rent prices during the coronavirus crisis, sex worker union UTSOPI announced on Thursday. The sex workers themselves had been summoned to court earlier, for not paying their rent. However, the workers are now stating that the landlords are taking advantage of their difficult financial situation. “Since the beginning of the health crisis, sex work has not been allowed nine out of twelve months,” a spokesperson for UTSOPI told The Brussels…

Read More

TUI will not fly outside the Europe for Easter holidays

TUI will not fly outside the Europe for Easter holidays

Tour operator TUI has cancelled all its journeys to non-European destinations until the end of April, and therefore also during the Easter holidays, the company announced on Friday. Due to the uncertainties of what will be possible for travellers during the Easter holidays (Saturday 3 April to Sunday 18 April), all long-distance flights will be cancelled until the end of that month. “At the moment, there are few prospects that we can fly to non-European and distant destinations in April,” TUI Belgium spokesperson Sarah Saucin confirmed to The Brussels Times….

Read More