U.S. President Donald Trump has once again called on allies to help protect the Strait of Hormuz after Iran-related disruptions led to attacks on cargo ships. The strait is a critical shipping route, responsible for approximately one-fifth of global oil transport.
Zeeland-based fashion chain Omoda is acquiring the larger online department store Wehkamp, which has recently been operating at a loss. This transaction significantly expands the family-owned business, making it one of the largest online retailers in the Netherlands.
Dutch inspections concluded that healthcare and security organizations failed in their management of a man who stabbed an 11-year-old girl in Nieuwegein last year. The report found that the suspect's care was substandard and his safety risks were significantly underestimated while he was experiencing a psychosis.
Israeli Defense Minister Israel Katz announced that military operations in southern Lebanon will continue despite reports of a ceasefire agreement reached in Washington. Katz warned that the military would resume strikes in Beirut if Hezbollah launches new attacks, as active fighting persists in the region.
The Dutch cabinet expects to provide extra purchasing power support next year to address concerns over rising inflation and potential instability in the Middle East. This financial package is also intended to help secure broader support for the country's 2027 budgets.
TSMC, the world's largest chip manufacturer, is currently unable to meet the global demand for chips required for AI applications despite scaling up production. Experts anticipate it could take several years before the company's capacity aligns with the high market demand.