KRC Genk Faces a Difficult Start to the Season: Struggles in Europe and Lost Points in Belgium

KRC Genk Faces a Difficult Start to the Season: Struggles in Europe and Lost Points in Belgium

Racing Genk struggled in the qualifiers for the Champions League and Europa League. They only reached the group stage of the Conference League after a penalty shootout. In the Jupiler Pro League, Genk started with a modest 8 out of 15 points. This is concerning for a team with considerable quality. “Our dream was the Champions League. That’s what we hoped for. The Europa League was something we considered achievable. I believe we should have advanced against Servette and Olympiacos. Europa League was within our reach, so it’s disappointing. It…

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South Africa’s coach Hugo Broos eyes Belgian talent Ayanda Sishuba for national squad

South Africa’s coach Hugo Broos eyes Belgian talent Ayanda Sishuba for national squad

Hugo Broos is the head coach of South Africa. He wants to recruit a Belgian player with dual nationality for the African country. Hugo Broos has set his sights on Ayanda Sishuba. The youth international of the U18 team holds both Belgian and South African nationalities. Sishuba is described as one of the biggest talents for the next generation in our country. He is currently playing for Lens and is already part of the first team. The attacking midfielder made his debut in Ligue 1 this season. Hugo Broos aims…

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Belgium GDP growth is close to zero, Germany will likely enter recession

Belgium GDP growth is close to zero, Germany will likely enter recession

The economic growth in the eurozone is expected to be slower this year than previously forecasted, according to the European Commission. The culprit is the German economy, which is at risk of entering a recession this year. For our country, the National Bank predicts a growth of 0.2 percent in the third quarter. Belgian near-zero growth In the new outlook, the Commission focuses only on the five largest economies in the eurozone (Germany, Spain, France, Italy, and the Netherlands) and Poland. Therefore, it has not delved deeper into the Belgian…

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Why savings rates in Belgium are so low?

Why savings rates in Belgium are so low?

Dutch savings banks often offer significantly higher interest rates in Germany than to savers in the Netherlands. In Belgium, on the other hand, savings rates are much lower. Why is it so? For example, Dutch customers of ING receive a 1.25 percent interest rate on their savings accounts. In Germany, savers receive a 3.5 percent interest rate, as calculated by the comparison website Geld.nl. One reason for the high interest rates is that there are many more different savings banks active in Germany than in the Netherlands. “Banks have more…

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Less than 2 percent of centi-millionaires store value in crypto

Less than 2 percent of centi-millionaires store value in crypto

When it comes to fiat currency, there are 9,630 centi-millionaires on Earth. They all have a net worth of at least $100 million. Only 182 people on our planet with more than $100 million in crypto According to a recent study by the financial advisory group Henley and Partners, dozens of global crypto entrepreneurs are now centi-millionaires. Nearly half of them have amassed their wealth through holding or trading Bitcoin (BTC), the most valuable cryptocurrency in terms of market capitalization. “This report, unique of its kind, contains exclusive statistics on…

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Annalena Baerbock visits Kyiv, grants 40 armored vehicles

Annalena Baerbock visits Kyiv, grants 40 armored vehicles

The German Minister of Foreign Affairs, Annalena Baerbock, has praised the political reforms being implemented in Ukraine. The Ukrainian government hopes to eventually become a member of the European Union. This intention is likely to be further discussed during Baerbock’s visit, her fourth since the beginning of the Russian invasion. The minister traveled from Poland to Kyiv by train for the unannounced visit. Baerbock stated that her country wants to assist Ukrainians in implementing necessary reforms and meeting EU standards. She mentioned in a statement that significant progress has already…

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EU seeks solution to reduce incidental bycatch

EU seeks solution to reduce incidental bycatch

On September 7th and 8th, the EU LIFE program was launched in Amsterdam to combat the bycatch of protected species in the fishing industry. Unintended bycatch in fishing is one of the greatest threats to endangered and protected marine mammals and sea creatures. Despite all the legal and technical measures, research, and initiatives from various parties, reducing this problem structurally has been elusive. One significant reason is that fishermen have not been sufficiently involved in efforts to reduce unwanted bycatch, even though their role is crucial. Additionally, each EU member…

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Meloni at G20 pressed EU to approve ITA/Lufthansa deal

Meloni at G20 pressed EU to approve ITA/Lufthansa deal

Italian Prime Minister Giorgia Meloni exerted pressure on the European Commission on Sunday to approve the agreement in which Lufthansa would take a minority stake in the Italian airline ITA, the successor to Alitalia. The responsible Commissioner, Didier Reynders, who has taken over the competition powers from Margrethe Vestager, made this decision recently. Meloni criticized European authorities on the sidelines of the G20 summit in New Delhi, saying, “Something strange is happening. The same European Commission that has been asking us for years to find a solution to the ITA…

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Li Qiang: China and the European Union must “unite and cooperate” against global uncertainties

Li Qiang: China and the European Union must “unite and cooperate” against global uncertainties

China and the European Union must “unite and cooperate” against global uncertainties, based on statements made by Chinese Premier Li Qiang on the sidelines of the G20 summit in New Delhi. “Risk prevention does not preclude cooperation; interdependence should not be equated with insecurity,” Li told European Commission President Ursula von der Leyen. The Chinese premier urged the bloc to create a non-discriminatory environment for Chinese companies and added that China is willing to strengthen dialogue and cooperation in areas such as clean energy and green finance, Reuters also quoted…

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SUV is the most popular car type in Europe: Dataforce

SUV is the most popular car type in Europe: Dataforce

SUVs accounted for more than half of the registrations in the first half of 2023: 51 percent. In H1 of the previous year, it was 48 percent, as reported by Auto News Europe based on Dataforce figures. The sales of SUVs grew by 23 percent in the first six months, reaching 3.37 million units. This growth rate is higher than that of the overall automotive market (17 percent), resulting in an increased market share for SUVs. The most registered SUV in the EU is the Tesla Model Y (with 138…

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