By Arnout Nuijt Positive news about Brazil’s economy is hard to find these days. In fact the bad news is piling up. A recent report by the Financial Times of London, quoting Brazil Central bank figures, suggests the country has entered technical recession more than 7 months ago by shrinking slightly for two consecutive quarters … Continue reading Has Brazil really entered recession? Then here is what to do
Lebanese-Mexican tycoon Carlos Slim appears to have lost a major battle in his bid to control Dutch telecoms firm KPN, as he has cancelled his América Movil company’s announced bid for a majority of the telecom firms shares. It its statement of October 16th, América Movil blamed KPN’s obstructive and non-cooperative stand. As we noted … Continue reading A tycoon bites the Dutch dust
It was King Willem-Alexander’s first King’s Speech, when he read out the yearly government statement in the historic Knight’s Hall of Dutch Parliament on September 17th. And what a first it was. Though he read it well, King Willem-Alexander was not to be envied. A Kings’ Speech about another 6 billion Euro to be collected … Continue reading Should the King read out the King’s Speech?
By Arnout Nuijt Late Thursday night news broke that Dutch telecoms firm KPN had activated its firewall against a hostile takeover by Mexican magnate Carlos Slim. A foundation, led by a handful of venerable representatives from Dutch business circles, exercised its right to emit emergency shares that would give it nearly 50% of voting rights … Continue reading Why Carlos Slim will fail to win KPN
By Arnout Nuijt On the last day of the previous year an interesting bit of news floated around in the Low Countries, but it may have been lost in the loud bangs of the New Year’s Eve celebrations. According to Luc Willems, deputy secretary-general of the Benelux Union, the Benelux would like to see a … Continue reading What should we do with the Benelux?