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
Read MoreCollege Cannot Force CA Professor To Embed DEI Practices In Classroom, Judge Rules
College Cannot Force CA Professor To Embed DEI Practices In Classroom, Judge Rules Authored by Jennifer Kabbany via The College Fix, A California community college professor cannot be required to embed diversity, equity, inclusion and accessibility practices in his classroom, a federal judge has ruled. The decision is
Read More“You Owe Us” Is The Mantra Of The Left
"You Owe Us" Is The Mantra Of The Left Via The Daily Signal, This is a lightly edited transcript of a segment from today’s edition of “Victor Davis Hanson: In His Own Words” from Daily Signal Senior Contributor Victor Davis Hanson. Subscribe to Hanson’s own YouTube channel to watch past
Read MoreIn Critical Minerals, US Transitions From Lender To Market-Maker
In Critical Minerals, US Transitions From Lender To Market-Maker A 13-page report from FTI Consulting is providing some insight on how the U.S. government has rewritten the rules for critical minerals. Our readers have been ahead of this curve for months. We have covered the accelerating U.S. push
Read MoreWatch: Congressional Testimony Abruptly Cut Off After Covert Iran Ops Revealed
Watch: Congressional Testimony Abruptly Cut Off After Covert Iran Ops Revealed Via TheGrayZone Damon Wilson, the head of the National Endowment for Democracy (NED), was interrupted by a member of Congress during a House oversight hearing on Tuesday after revealing that his agency "began supporting the deployment [and]
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