Regional News: Belgium
Eurozone inflation hits record high as diplomats party with champaine and cocaine
Inflation in the Eurozone spiked to a record high of 9.1% in August, according to flash figures from Europe’s statistics office, Eurostat, published on Wednesday.
The number of EU companies filing for bankruptcy is on the rise
The number of bankruptcy declarations in the EU increased by 2.2% in the April-June period of 2022, the latest data from the European statistics agency Eurostat shows.
Crude oil prices skyrocket after Biden returned from Saudi Arabia with no oil deal
Last week’s joint communiqué released after US President Joe Biden’s talks with Saudi King Salman bin Abdulaziz Al-Saud and Crown Prince Mohammed bin Salman mentioned Riyadh's “commitment to support global oil markets balancing for sustained economic growth”.
Euro falls against the dollar for the first time in 20 years
The euro was trading at $0.99 after the boomerang effect of the sanctions imposed on Russia.
Due to salmonella contamination, Swiss chocolatier Barry Callebaut stops making products with cocoa
Brussels. The Swiss company Barry Callebaut, a world giant in the cocoa and chocolate segment, announced that experts detected the presence of salmonella in its factory in Wieze, Belgium, where production was stopped.
The EU reaches a historic agreement to regulate cryptocurrencies
Europe wants the Crypto Asset Markets (MiCA) regulation to protect investors and establish strict rules for 'stablecoin' issuers.
Europe's hypocrisy brings it to the brink of a nuclear war over Lithuania
While consuming Russian oil, the EU and Lithuania insist that restricting transit to Russia’s exclave of Kaliningrad does not amount to a blockade.
Protests in Belgium over the collapse of its economy
A day of strikes in Belgium over the cost of living forced Brussels Airport to cancel all departing flights on Monday and halted many bus services across the country.