July 2022 - l'Européenne de Bruxelles

Meta (Facebook) revenues are down due to weak demand for ads

July 28, 2022July 28, 2022 1990 views

Meta has for the first time set a lower quarter books compared to a year earlier. The company recorded sales of 28.2 billion euros last quarter, one percent less than the same period in 2021. Meta expects another decline next quarter. In total, revenue from the divested quarter decreased by $ 255 million. It is the first time that the company’s turnover is spinning, writes The Financial Times, among others. Instagram Instagram and Facebook facebook the decline is mainly due to Meta’s ‘family of apps’, which include Instagram and Facebook,…

A very silly idea: to use the moored cruise ships as asylums

July 28, 2022 1990 views

A week after the cabinet proposed the plan to receive asylum seekers in ships on the high seas, state secretary Van der Burg is already putting an end to it. According to him, there are too many risks attached to the unorthodox reception method and it is not possible to always have boats commuting between an asylum ship and the quay. The government will rent three cruise ships for the reception of asylum seekers, Van der Burg said in a letter to the House of Representatives on Thursday. Due to…

EU countries do poker face, while the fight for gas is imminent

July 28, 2022 1990 views

If the German economy is in trouble because of a Russian gas deficit, how much does Belgium share in the blows? That will come in handy. However, much depends on the imminent fight for energy in Europe. The Belgian and German economies are closely intertwined. A nice illustration is the ethylene pipeline between the two countries. It connects the Antwerp chemical cluster with the German Ruhr area, and runs through a branch to Ludwigshafen, the home of the German chemical giant BASF. But whether problems in German chemistry – for…

Twitter shareholders discuss Musk’s failed bid (as if it was real)

July 27, 2022 1992 views

Twitter is holding a shareholders ‘ meeting on september 13 at which the proposed $ 44 billion takeover bid from Tesla boss Elon Musk is on the agenda, the social media company reports. Musk has since withdrawn his takeover bid, but Twitter hopes to enforce the deal through the courts. At the meeting, shareholders will be asked to approve the proposed fee that Twitter will have to pay to certain directors if the buyout by multi-billionaire Musk continues. Twitter shareholders will be entitled to $ 54.20 per share if the…

“When I hear about burnout from work, I want to laugh out loud”: Volodymyr Nosov’s rules of life, WhiteBIT CEO

July 27, 2022 1992 views

What life principles should a self-made man be guided by in order to build a multi-million dollar business, become a leader in the global crypto market and successfully conquer countries and continents? Volodymyr Nosov, the head of Europe’s largest crypto-exchange WhiteBIT, states in the following interview. “My parents are common people, one might say poor people. They did not have the opportunity to give me some prestigious, expensive education. Therefore, 17 years ago, I gave myself a simple statement: Vova, you have to work hard. And when I hear about…

ECB definitely does not exclude the recession in Europe

July 26, 2022 1993 views

Last week, the European Central Bank (ECB) raised its key interest rate in order to slow down the ever-rising inflation. Such a higher interest rate also has consequences for us and can even lead to a recession. The higher interest rate – the ECB raised it by 0.5 percentage points-has everything to do with ever-rising prices. The price increase in the eurozone came to 8.6 percent in June, well above the central bank’s 2 percent target. By pulling the interest rate lever, the ECB hopes to extinguish the inflation fire….

Unilever reports less sales, more profits

July 26, 2022July 26, 2022 1993 views

Unilever sold fewer products in the past six months, but earned more. By raising prices themselves, the London food giant suffered little from inflation. “Unilever has delivered half a year that builds on our momentum from 2021, despite the challenges of high inflation and lower global growth,” said Alan Jope, Unilever CEO. The London food giant saw sales increase in the US and Indian markets in particular. Internet sales also increased significantly. Sales in a third major market, China, lagged, mainly due to Corona lockdowns in that country. Sales volume…

Second-generation migrants are worried about possible conflict between law and religion

July 26, 2022 1993 views

In Flanders, 9 percent of second-generation citizens from outside the EU believe that the law may be violated in the event of a conflict between law and religion. It is striking that the group in the second generation is even slightly larger than in the first generation (8.5 percent). The difference is even greater in Brussels. 13.2 percent of the second generation think that the law may be broken in such a case, compared to 7.6 percent of the first generation. There are also Flemish and Brussels residents of Belgian…

AEX weakly rebounded from recent loses

July 26, 2022 1993 views

The Amsterdam Stock Exchange was slightly higher on Tuesday morning. Around the eleven o’clock clock, the AEX rose 0.6 percent to 711.17 points. “Bond and equity investors are divided by predominantly positive business figures, but negative macroeconomic developments,” SEB analysts said. “In the run-up to the Federal Reserve’s interest rate decision tomorrow and U.S. growth figures on Thursday, investors remain close to home.” According to Corpay analysts, the market expects the Fed to push through a 75 basis point rate hike this week, while many also expect policymakers to recognize…

Belgium signs controversial treaty with Iran

July 26, 2022July 26, 2022 1993 views

A new treaty between Iran and Belgium will allow the repatriation of captured terrorists, whom Tehran will then almost certainly release. Belgium is waving the white flag over terrorism. Last week, the Belgian parliament voted to ratify a treaty with Tehran that will allow Iranians convicted of crimes in Belgium to serve their sentences in Iran and vice versa. However, the treaty also allows amnesty. There is little doubt that Tehran will release its terrorists, who are now held in Belgian prisons. One of them is Asadollah Asadi. He was…