State and ING agree on sale of Alt-A portfolio
Jeroen Dijsselbloem, Minister of Finance, and ING have agreed on the unwinding of the Illiquid Assets Back-Up Facility (IABF). This facility involves a portfolio of US Alt-A mortgage-backed securities. The termination of the IABF is in line with the government vision of unwinding government interventions in the financial
Read MoreDutch government to tackle international tax avoidance
The Netherlands will improve tax transparency and update tax treaties with low-income countries and low middle-income countries. Tax treaties with Zambia and 22 other poor countries will be revised to allow the incorporation of anti-abuse clauses where necessary. This was announced by Ploumen, Minister for Foreign Trade and
Read MoreVan Dijkhuizen Committee: lower tax rates with a very long first bracket, fewer tax deductibles and simpler benefits will lead to more jobs
The Van Dijkhuizen Committee advises the government to opt for an improved tax system with lower rates and a very long first bracket, fewer deductible items and simpler benefits. According to the CPB Netherlands Economic Bureau for Economic Policy Analysis, these structural reforms will lead in the long
Read MoreGovernment wishes to sell shares in URENCO
The Dutch government wishes to sell its interest in URENCO, which provides uranium enrichment services for nuclear power producers. The Cabinet has agreed to this intention. The sale of the Dutch shares in URENCO can only take place, when the public interest in terms of non-proliferation, nuclear safety
Read MoreDutch minister of Finance makes offer for compensation due to the nationalisation of SNS REAAL
The Dutch minister of Finance makes an offer for compensation due to the expropriation of shares and subordinated debt of SNS REAAL and SNS Bank. The offer amounts to €0,- for both the expropriated shares as well as the subordinated debt. Source
Read MoreState of the Netherlands nationalises SNS REAAL
The Minister of Finance, in close consultation with De Nederlandsche Bank (DNB), has nationalised SNS Reaal. Savings deposits of clients are secure and the service provision of SNS REAAL has been safeguarded. The intervention has averted grave threats to financial stability and the economy. Source
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The Unreported Story Of Grid Scale Battery Fires
The Unreported Story Of Grid Scale Battery Fires Authored by Francis Menton via the Manhattan Contrarian, The geniuses who are planning New York’s energy future think that they can make intermittent wind and solar generators work to power the electrical grid by the simple device of providing some
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Democrats Melt Down Over Capture And Arrest Of Dictator Maduro
Democrats Melt Down Over Capture And Arrest Of Dictator Maduro President Donald Trump ordered a midnight military raid that captured Venezuelan dictator Nicolás Maduro and his wife, Cilia Flores. U.S. forces pulled off the job without a hitch, hauling in the pair. “The United States of America has
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The $60 Billion Question: Is Venezuela Secretly A Bitcoin Superpower?
The $60 Billion Question: Is Venezuela Secretly A Bitcoin Superpower? Authored by Bradley Hope and Clara Preve via whalehunting.projectbrazen.com, Alex Saab may control $60 billion in Bitcoin for the Maduro regime. As Trump's naval blockade tightens, the real battle is being fought on the blockchain. Nicolás Maduro is
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Not The Bee: Woke City Appoints Convicted Murderer Who Shot Teen Girl To Police Review Board
Not The Bee: Woke City Appoints Convicted Murderer Who Shot Teen Girl To Police Review Board Kyle Hedquist, a convicted murderer who was sentenced to life in prison for shooting a teenage girl to death in cold blood, has been reappointed to serve on Salem, Oregon’s police review
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