The Dutch government, in association with the Rembrandt Association and the Rijksmuseum, has controversially agreed to pay a staggering €175 million ($198 million) for a painting by Rembrandt van Rijn to keep the work in the country.
The picture, a three-quarter-length self-portrait of the Dutch artist, has been in private hands for centuries, passing from the collections of King George IV to the French Rothschild family, which acquired the work in 1844. It later came to the children of Élie de Rothschild, the patriarch of the French branch of the banking and art-collecting family, when he died in 2007.
Read more at:
The Netherlands Makes a Controversial Decision to Buy a Prized Rembrandt for a Whopping $198 Million | Artnet News
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Showing posts with label Purchase. Show all posts
Showing posts with label Purchase. Show all posts
January 20, 2022
July 18, 2021
China - Netherlands relations: China Wants a Chip Machine From the Dutch. The U.S. Said No._ "Is this US Interference in a foreing country's trade policies ?"
Beijing has been pressuring the Dutch government to allow its companies to buy ASML Holding ASML -2.35% NV’s marquee product: a machine called an extreme ultraviolet lithography system that is essential to making advanced microprocessors.
The one-of-a-kind, 180-ton machines are used by companies including Intel Corp. INTC -1.51% , South Korea’s Samsung Electronics Co. and leading Apple Inc. supplier Taiwan Semiconductor Manufacturing Co. to make the chips in everything from cutting-edge smartphones and 5G cellular equipment to computers used for artificial intelligence.
China wants the $150-million machines for domestic chip makers, so smartphone giant Huawei Technologies Co. and other Chinese tech companies can be less reliant on foreign suppliers. But ASML hasn’t sent a single one because the Netherlands—under pressure from the U.S.—is withholding an export license to China.
The Biden administration has asked the government to restrict sales because of national-security concerns, according to U.S. officials. The stance is a holdover from the Trump White House, which first identified the strategic value of the machine and reached out to Dutch officials.
Washington has taken direct aim at Chinese companies like Huawei and has also tried to convince foreign allies to restrict the use of Huawei gear, over spying concerns that Huawei says are unfounded. The pressure aimed at ASML and the Netherlands is different, representing a form of collateral damage in a broader U.S.-China tech Cold War.
Read more at: China Wants a Chip Machine From the Dutch. The U.S. Said No. - WSJ
The one-of-a-kind, 180-ton machines are used by companies including Intel Corp. INTC -1.51% , South Korea’s Samsung Electronics Co. and leading Apple Inc. supplier Taiwan Semiconductor Manufacturing Co. to make the chips in everything from cutting-edge smartphones and 5G cellular equipment to computers used for artificial intelligence.
China wants the $150-million machines for domestic chip makers, so smartphone giant Huawei Technologies Co. and other Chinese tech companies can be less reliant on foreign suppliers. But ASML hasn’t sent a single one because the Netherlands—under pressure from the U.S.—is withholding an export license to China.
The Biden administration has asked the government to restrict sales because of national-security concerns, according to U.S. officials. The stance is a holdover from the Trump White House, which first identified the strategic value of the machine and reached out to Dutch officials.
Washington has taken direct aim at Chinese companies like Huawei and has also tried to convince foreign allies to restrict the use of Huawei gear, over spying concerns that Huawei says are unfounded. The pressure aimed at ASML and the Netherlands is different, representing a form of collateral damage in a broader U.S.-China tech Cold War.
Read more at: China Wants a Chip Machine From the Dutch. The U.S. Said No. - WSJ
October 8, 2020
EU: Coronavirus -Remdesivir: Commission signs a joint procurement contract with Gilead for the supply of Remdesivir
The Commission has signed a joint procurement framework contract with
the pharmaceutical company Gilead for the supply of up to 500,000
treatment courses of Veklury, the brand name for Remdesivir, and the
opportunity to increase supply beyond the 500,000 treatment courses.
There are 36 signatories of the Joint Procurement Agreement
participating in this joint procurement, including all EU countries,
the EEA countries of Norway and Iceland*, the UK, as well as six
candidate countries and potential candidates (Albania, the Republic of
North Macedonia, Montenegro, Serbia, Kosovo** and Bosnia and
Herzegovina). All participating countries can now place their orders to
procure Veklury directly. Veklury is at this stage the only medicine
with a conditional marketing authorisation in the EU for the treatment
of COVID-19 patients needing oxygen supply.
Read more at: Coronavirus: Remdesivir
Read more at: Coronavirus: Remdesivir
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