Dutch bank ING has cancelled the sale of its Russian business operations, which was originally intended to facilitate its exit from the country. Despite previously announcing it would stop taking on new Russian clients, the failed transaction means the bank's existing activities in Russia will continue for now.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
Despite 21 rounds of European Union sanctions against Russia, some businesses continue to profit by using third-party countries to bypass export restrictions. Experts warn that while such trade is lucrative, it carries significant legal risks, including criminal prosecution and prison time for those who intentionally circumvent these measures.
The European Commission has launched 46 projects across sixteen countries to reduce reliance on China for vital raw materials like lithium and copper. These initiatives, supported by prioritized permits and funding assistance, aim to significantly boost domestic processing and recycling capacity by 2030.
A climate journalist explores the tension between objective reporting and the pressure to advocate for systemic change to combat the climate crisis. The author concludes that journalists should remain factual rather than activist to effectively reach a wide and diverse audience.
Private rental properties in Amsterdam have decreased by 18 percent in three years as landlords sell their units due to new rent control laws and increased taxation. While this shift favors buyers, it creates a significant housing crisis for students and individuals who cannot afford to purchase property in the city.
Dutch authorities have seized a server belonging to the Italian hosting provider Autistici/Inventati at the request of the United States. The U.S. government classifies the company as a terrorist entity, sparking concerns among Dutch digital rights groups and industry associations regarding the precedent for such cross-border legal actions.
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