
Dutch citizens advised to keep cash on hand in case of emergency
The Netherlands' Central Bank (DNB) has advised citizens to keep enough cash on hand to last them three days in case of disaster or emergency, citing rising geopolitical tensions and cyber threats that could jeopardise the country's payment system.
Citizens should keep €70 per adult and €30 per child in cash as a precautionary measure, the bank warned this week.
The money should be enough to cover necessary expenses for 72 hours "such as for water, food, medicine, and transportation", it said.
"Think of a power failure, a technical disruption at your bank or the Wi-Fi going down. Then you might not be able to pay the way you are used to. But paying with cash is almost always possible," the DNB's advisory said.
The recommendation "was prompted by increased geopolitical tensions and cyber threats that could challenge our payment system", it added.
In addition to holding hard cash, the DNB said people should consider having a debit card and using contactless with their phone or smartwatch.
The bank's warning follows a massive power outage that hit Spain and Portugal on 28 April. The causes of the blackout are still being investigated.
Card payment systems went offline and ATMs were out of order, meaning that many people in the two countries had to rely on cash to buy water, food, torches and battery-powered radios to stay up-to-date with the news.
The European Commission released a preparedness plan in March that encouraged the public to maintain sufficient supplies for at least 72 hours in case of emergencies such as natural disasters or conflict.
The plan listed items including cash, medication, a power bank and a radio.
Representatives of Central Asian countries have come together to maximise the region's economic opportunities and make an effort to support Afghanistan, which is now signalling a business-oriented international outreach after years of isolation.
The Termez Dialogue on Connectivity Between Central and South Asia, which included leaders from Central Asian countries along with India, Pakistan and Afghanistan, was held in the southern Uzbek city of Termez.
The meeting was initiated by Uzbekistan, a strong supporter of the economic integration of its neighbour Afghanistan, which is now in the fifth year of the Taliban government.
The Central Asian countries have for years been pushing for what they call "acceptance of reality" in the region and engagement with Afghanistan.
In 2022 Uzbekistan President Shavkat Mirziyoyev, proposed a platform for Central and South Asian countries to collaborate, which was later reflected in a UN General Assembly resolution.
The meeting in Termez is an effort to turn the ideas presented in the resolution into a reality.
"The main goal of this dialogue is to create a permanent, functional platform within which the representatives of Central and South Asian countries can discuss a wide range of cooperation issues, from interconnectivity, trade and economic cooperation to humanitarian exchange," Eldor Aripov, Director of the Institute for Strategic and Regional Studies, said.
Most of the region's countries have already started their first infrastructure projects in Afghanistan.
There are now high-voltage power lines to Afghanistan running from both from Turkmenistan and Uzbekistan. Through them Afghanistan receives regular aid in the form of electricity.
Turkmenistan's deputy foreign minister Temirbek Erkinov pointed out a new road and a railway from his country to Afghanistan projects are in the planning for the route to be extended as far as the city of Mazar-i-Sharif.
The participants in the Termez talks repeatedly pointed out the cultural and historic ties between the countries in the region and were all clear about one thing.
Since they became independent from the Soviet Union, the landlocked countries of Uzbekistan, Kazakhstan, Turkmenistan, Tajikistan and Kyrgyzstan, were cut off both from the nearest deep sea ports in Pakistan and from the vast markets of Pakistan and India due to ongoing conflict in Afghanistan.
No pipeline, road or railway line was viable through the vast swathes of Afghanistan that were deemed unsafe.
That situation has changed and Afghanistan now has a government which seems to be able to provide security for major projects. An opportunity not to be missed, in the opinion of Central Asian leaders.
"We want active engagement on a number of concrete infrastructure projects, first of all Afghan Trans Railway Corridor. You know that all the countries of the region are land-locked, Uzbekistan is double-land locked as we have to cross two borders to reach the nearest sea," explained Aripov.
"This is why the question of transport communication is the most important topic for all the central and south Asian countries. We are committed to the Trans Afghan corridor above all because it will connect Pakistani ports to the countries of Central Asia."
"Right now, trade between Central and South Asia is worth five billion dollars. That is nothing. It does not remotely reflect the potential that's there. Europe is much further away and our trade exchange with them is ten times higher," he added.
Afghanistan's deputy foreign minister Mohammad Naeem Wardak joined the summit to announce Kabul's intentions to get involved in trade, transit and stronger regional economic cooperation, to act what he called "a regional connector and a transit route."
"The Islamic Emirate of Afghanistan is making efforts to make Afghanistan the connectivity point in this region. Afghanistan's position is to the benefit of all the countries around us in the region," he said.
He insisted that Afghanistan is already providing security in the region by tackling drug trafficking, eradicating poppy fields and fighting organised crime and terrorism.
But his government is eager to engage more, economically, he said.
"Afghanistan is centrally located and is the bridge between Central and South Asia. As such, it represents a bridge. Unfortunately, we had 40 years of fighting and the opportunity did not exist. Now, thanks to Allah, with the return of the Islamic Emirate, the opportunities for development are in place," he told Euronews.
The city of Termez, situated on the border between Uzbekistan and Afghanistan on the bank of the Amu Darya river, has been a logistics hub for the caravans travelling between east and west along the ancient Silk Road.
During Soviet times it was reduced to a distant outpost and served as the Red Army's entry point to Afghanistan in 1979.
A project which envisions the city regaining some of its former glory and bringing the prosperity of a trade hub is under way.
On a patch of land on the border, Uzbekistan built a free trade zone in 2024 for Afghan companies and a logistics centre.
Afghan nationals can enter the zone as part of a 15-day visa-free regime.
Almost half a million Afghans have already made use of the opportunity, opening businesses thanks to a simplified registration procedure and enjoying duty free trade.
Around 100 shops are currently active there and a further 500 have been announced. A cargo centre within the zone is used to load more than 70 lorries, and a daily train transports goods to both sides of the border.
A modern hospital, opened last year, with 380 doctors working in 15 different areas has treated around 48,000 Afghan patients, paid for by the Uzbek government.
Around 300 complicated surgeries were performed that patients were unable to have in Afghanistan.
A business school for medium and small enterprises was also opened and teaches some 500 shop owners how to run and develop their business.
"We have seen the surge of trade contracts in the last year. Last year the increase was 160%, and they are now worth $560 million (€494 million)," said the governor of the Surkhandarya region, Ulugbek Kosimov.
He also hopes that the development of trade routes from Russia in the north to India in the south and from Iran in the west and China in the east, with all the countries along the road, will see his province prosper in what he called a "new renaissance."
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17 hours ago
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The European Union is readying a new round of sanctions against Russia to pile extra pressure on the Kremlin and pressure it to agree to a 30-day unconditional ceasefire in Ukraine, a step that Western allies consider indispensable for serious peace negotiations. Ursula von der Leyen has already provided an outline of what that package, the 18th since February 2022, is supposed to target: Russia's financial sector, the "shadow fleet" and the Nord Stream pipelines, which are currently non-operational. On top of that, the president of the European Commission has pitched a downward revision of the price cap on Russian oil to further squeeze profits from worldwide sales, a crucial cash flow to sustain the full-scale invasion of Ukraine. "We need a real ceasefire, we need Russia at the negotiating table, and we need to end this war. Pressure works, as the Kremlin understands nothing else," von der Leyen said earlier this week after meeting with US Senator Lindsey Graham. 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The Commission has reportedly pitched a revision between $50 and $45 per barrel, which the UK and Canada are believed to support. However, the US has so far refrained from endorsing a lower price cap, raising the stakes ahead of crunch talks at the G7 summit in Alberta, scheduled for mid-June. Now, a tough question emerges: Can the EU dare, and afford, to go it alone? In the strictest legalistic sense, the EU could, indeed, establish a lower price cap on its own. After all, the G7, as an organisation, lacks regulatory powers: each ally amends its laws individually to fulfil a collective mission. In this case, the EU introduced new legislation to prohibit EU companies – rather than, say, American or British companies – from servicing Russian tankers that bypassed the $60-per-barrel cap. Similarly, the bloc could now change the text to adjust that prohibition to a tighter price without waiting for other allies to reciprocate. 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"Different price caps across G7 countries could confuse maritime service providers and weaken overall enforcement," Petras Katinas, an energy analyst at the Centre for Research on Energy and Clean Air (CREA), told Euronews. "A solo move by the EU could cause friction within the Price Cap Coalition, damaging trust and coordination, both of which are crucial for keeping pressure on Russian oil revenues," Katinas added, warning the project could be rendered "largely symbolic". The legislative chaos would immediately benefit the Kremlin, which has long sought to exploit loopholes to evade and undermine international sanctions. Moscow, though, would also face hurdles: the continued crackdown on "shadow fleet" vessels has forced the country to increase its reliance on G7 insurance, which, in theory, could make it easier for the EU to apply the revised measure. 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The result marks a blow for Prime Minister Donald Tusk who has called for a vote of confidence in his government early next week. Nawrocki's rhetoric — emphasizing national sovereignty, anti-migrant policies, and a rejection of 'Brussels diktats' — has alarmed Europhiles. However, his nationalist platform resonated with a rather divided electorate. "He's not very presidential", Dorota Bawolek told the panel adding that history shows Poles prefer an 'ordinary guy'. Finally, the panel discuss the Spanish Prime Minister Pedro Sánchez' diplomatic setback after the EU Council rejected his proposal to make Catalan, Basque, and Galician official EU languages. The move, promised to Catalan separatists in exchange for political support, was rejected by member states over fears of a domino effect involving other regional languages. Watch the full episode in the player above.


Euronews
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Euronews
2 days ago
- Euronews
Commission strengthens imports monitoring amid fear of trade diversion
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