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Blockade of Strait of Hormuz could lead to global recession

Blockade of Strait of Hormuz could lead to global recession

The global economy risks a recession if the Strait of Hormuz remains closed due to ongoing tensions between Iran and the United States. This situation threatens to increase costs for consumers in the Netherlands and across Europe, impacting both fuel prices and grocery expenses.

Public Prosecution Service demands up to five years in prison for men suspected of bank helpdesk fraud

Public Prosecution Service demands up to five years in prison for men suspected of bank helpdesk fraud

The Public Prosecution Service has demanded prison sentences of up to five years against two 31-year-old men from Amsterdam suspected of committing bank helpdesk fraud. The suspects allegedly targeted elderly victims by posing as bank employees to obtain payment details and bank cards.

Chip stocks recover on stock market after weeks of heavy losses

Chip stocks recover on stock market after weeks of heavy losses

Chip companies Besi, ASMI, and ASML saw a strong recovery on the stock market on Tuesday following several weeks of significant losses. This upward trend in technology stocks was also observed across the rest of Europe and on Wall Street.

Novo Nordisk sues competitor Eli Lilly over misleading advertising

Novo Nordisk sues competitor Eli Lilly over misleading advertising

Danish pharmaceutical company Novo Nordisk has filed a lawsuit in the United States against its competitor Eli Lilly. The company alleges that Eli Lilly's advertisements for the weight-loss injection Zepbound and the diabetes medication Mounjaro are misleading.

Number of people on unemployment benefits in Haarlem rises for third consecutive year

Number of people on unemployment benefits in Haarlem rises for third consecutive year

For the third consecutive year, the number of unemployment benefits in Haarlem has increased, according to new data from the UWV. By the end of June, the city recorded its highest number of unemployment benefit recipients for that time of year since 2021.