The Fall of Silicon Valley Bank: A Caution

2023-11-30 13:28:47 To read the English version, click here Silicon Valley Bank (SVB) was a renowned financial institution that was taken over by federal regulators on March 10, 2023. This article examines what happened to cause the bank to fail so spectacularly and the financial lessons we can learn from its downfall. SVB primarily served … Read more

The Increasing Trend of Refusing Inheritances: Insights from Notaries and Trends

2023-11-26 11:42:00 The number of people who have refused an inheritance free of charge has been increasing for five years, notes the Federation of Notaries. In 2018, the number of free waivers stood at 35,992. Then, this figure increased from 45,505 to 46,165 between 2019 and 2020. It increased further in 2021, to 49,532, then … Read more

Morocco Oil Market Collusion: Companies Fined 165 Million Euros

2023-11-24 23:14:00 More than 165 million euros in fines (1.84 billion dirhams) for nine oil companies accused of anti-competitive practices in the hydrocarbon distribution market in Morocco. This decision was announced Thursday, November 23 by the competition council, whose investigation revealed collusion between these companies. The French TotalEnergie is one of the companies in question, … Read more

New Speeding Regulations and Radar Updates: What You Need to Know

2023-11-18 06:41:00 In the past, motorists were sometimes only flashed at speeds of 140 km/h, or there were quotas for fines. Last summer, the Minister of Justice at the time, Vincent Van Quickenborne (Open Vld), however, announced that fixed radars and section radars on motorways would only use a technical margin of up to 129 … Read more

Debt: Fitch agency maintains France’s rating, Bruno Le Maire “determined” to restore finances

2023-10-28 11:28:14 After Moody’s on October 21, the rating agency Fitch maintained France’s rating “AA-”, six months after having downgraded it, while being concerned about the high level of public deficit. If France can boast of having “a large, rich and diversified economy, strong and efficient institutions and macro-financial stability (…) its public finances, and … Read more

High Incomes in Flanders: Insights on the Region with the Highest Average Income in Belgium

2023-10-26 10:44:00 Flanders remains the region with the highest income. With an amount of 21,776 euros, the average income of the Flemings exceeded the national average by 7%. The inhabitants of the Walloon Region and the Brussels-Capital Region had significantly less financial means: 19,192 euros for Walloons (5.7% below the Belgian average) and 16,068 for … Read more