Consumer prices are still elevated, but at least for now the growth takes a break

Consumer prices are still elevated, but at least for now the growth takes a break

Inflation in Belgium fell slightly in November, but prices are still 10.6 percent higher than a year earlier. This is partly due to the much higher energy prices, but the war in Ukraine also has an impact on prices of oils and grain products. Inflation was still 12.3 percent in October, according to the Belgian statistics agency Statbel. The fact that inflation is falling is due to slightly lower prices for fuels, gas and electricity. Inflation excluding energy costs rose to 7.8 per cent. In October, it was 6.97 percent….

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Massive strikes at the railroads: Austria, Belgium and the UK are most affected

Massive strikes at the railroads: Austria, Belgium and the UK are most affected

If you want to travel abroad by train, you have to take into account delays and cancellations. For example, there are no trains to and from Austria on November 28th. Night trains have been cancelled since Sunday. Rail passengers to Belgium and the United Kingdom are also suffering from strikes. Austria The Austrian Railways and the trade unions tried in vain on Sunday to avert the strike. There are no trains all day Monday. On Sunday, around 50 night trains will be scrapped, including the Amsterdam – Vienna and Amsterdam…

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A million-dollar order at FN Herstal at risk after blocked export of nuclear material

A million-dollar order at FN Herstal at risk after blocked export of nuclear material

Opposition parties N-VA and Les Engagés fear an impact on jobs in Wallonia because the United Kingdom would have suspended a million-dollar order at Arms Factory FN Herstal. That decision would come after the greens within the government blocked an export license of nuclear maintenance material. According to Walloon Economy minister Willy Borsus (MR), however, that contract is still being negotiated. At the end of last week, the French-language news channel LN24 leaked that the government did not agree on the export of material produced in Flanders to the United…

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Colruyt Group fully committed to zero-emission transport by 2035

Colruyt Group fully committed to zero-emission transport by 2035

In order to further reduce its climate impact, Colruyt Group aims to make all its freight transport emissions-free by 2035. Both for its own transports to and from the stores and to the distribution centers via suppliers, the Belgian retailer wants to fully rely on zero emission vehicles. The company will achieve this through the use of complementary technologies: both battery-electric vehicles and hydrogen-electric vehicles will be needed to realize this transition. Thanks to the internal expertise of Virya Energy and DATS 24, and the many years of experience in…

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The European Space Agency presented the newest addition to the astronaut unit

The European Space Agency presented the newest addition to the astronaut unit

The European Space Agency ESA has presented its newest team of astronauts. The group consists of five people, including a Belgian. The new crew will be trained to go to the ISS space station from the beginning of next year. In the future, they may also go to the moon. The new Belgian astronaut is named Raphaël Liégeois, born in 1988. He can become the first Waal in space. The others are Sophie Adenot (France, 1982), Pablo Álvarez Fernández (Spain, 1988), Rosemary Coogan (United Kingdom, 1991) and Marco Sieber (Switzerland,…

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European Commission: Belgium budget does not comply with EU rules

European Commission: Belgium budget does not comply with EU rules

With its budget for 2023, Belgium is partially outside the European lines. This is what the European Commission states in its analysis of the draft budget submitted a few weeks ago. Against the agreements, our country is allowing primary spending to rise too high. The Commission rejects the automatic indexation of civil servants ‘ salaries and benefits, and also criticises the broad energy support. There will be no sanctions, but the Commission does ask Belgium to ‘keep those expenses within limits’. For its analysis, the Commission relies on the policy…

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Americans cut off the European imports with Inflation Reduction Act

Americans cut off the European imports with Inflation Reduction Act

Europe and the United States are heading for a trade conflict. For example, the EU is concerned about the new US ‘Inflation Reduction Act’, a law that greatly benefits companies in the United States. President Joe Biden put his scribble under the law in August, since then “Buy American” has been the watchword. For example, under the Inflation Reduction Act (IRA), Americans will receive a subsidy of up to $ 7,500 from January 1, 2023, when they buy an electric car made in the USA that is equipped with a…

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Thor walrus visits Belgium, spotted in France

Thor walrus visits Belgium, spotted in France

Walrus Thor seems to be doing a round of North Sea. A week ago the animal stayed at Neeltje Jans and rested on the dike near Westkapelle. Later, the walrus was spotted along the Belgian coast. This weekend he turned up in Port of the French city of Dieppe. On Friday, the Port Master of Dieppe, a city in Normandy, saw him resting at the entrance to the port. According to the authorities, Thor still looked healthy. On Friday, the port was closed to allow him to rest, on Saturday…

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Facebook’s parent company’s dismissal affects Belgian employees

Facebook’s parent company’s dismissal affects Belgian employees

The announced round of layoffs of Meta Platforms, Facebook’s parent company, also affects employees in Brussels. The commercial department was dismissed with immediate effect. The sales team in Brussels was dismissed with immediate effect. The news of the layoffs was communicated to the thirty employees of Meta at the beginning of this week. The commercial activities will be transferred to Ireland and the Netherlands. Alexis Lebedoff, who has led Meta’s activities in Belgium since 2012, is also dismissed. The decision is part of the global wave of layoffs that Meta…

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With recession at the gates let’s try to invent why it’s actually good for us

With recession at the gates let’s try to invent why it’s actually good for us

A recession seems inevitable for the European economy, after the contraction in the third quarter. But that’s not necessarily bad news. Economists from the big banks point out that it would actually be good if more companies went bankrupt again and the large call for personnel on the labor market subsided slightly. According to the Central Bureau of Statistics (CBS), the economy shrank by 0.2 percent in the third quarter. “If there is such a small contraction again in the fourth quarter, we are technically already dealing with a recession,”…

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