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Queen Beatrix of the Netherlands Abdicates in Favor of Her Son, Prince Willem-Alexander

The Netherlands’ long-reigning monarch Queen Beatrix announced in a television broadcast that she would be abdicating the throne in favor of her son, Prince Willem-Alexander.   The queen announced she would leave the throne on April 30, transitioning the ¬†crown to her son because she said he was ready to rule and it was time […]

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Amsterdam Coffee Shops Will Still Allow Foreigners, Plan to Prohibit Tourists from Amsterdam’s Ganja Attractions Scrapped

Eberhard van der Laan, Amsterdam’s mayor, has assured tourists that they will still be allowed to enjoy any of Amsterdam’s 220 cafes even though the new cabinet vows to move ahead with a national registration scheme that would prohibit foreigners from purchasing cannabis. [Dutch News]

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French Embassy Staff Leave Iran.

Germany, Italy and Netherlands also withdraw diplomatic staff from their stations. After the attack on the British embassy in Tehran, France is withdrawing some of its staff as a temporary security measure. Britain has expelled all of Iran’s diplomats from its country in response to the attack on the British embassy that is believed to […]

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Bond Prices on the Rise in Europe as Fears of Contagion Spread Across the Euro Zone.

European Commission President Manuel Barroso says that the euro zone is facing a “systemic crisis,” while Prime Minister of Luxembourg Jean Claude Junker reiterated his call for the formation of euro bonds to save the continent from economic calamity. The interest rates on bonds rose dramatically in¬†France, Belgium, Austria, Finland and the Netherlands, demonstrating lack […]

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Who holds the most gold in the world? We do.

(in tonnes – due to the wild fluctuation of the price of gold) 1. US 8,133.5 2. Germany 3,401.0 3. The IMF 2,846.7 4. Italy 2,451.8 5. France 2,435.4 6. China, 1,054.1 7. Switzerland 1,040.1 8. Russia 775.2 9. Japan 765.2 10. Netherlands 615.5 With the value of gold skyrocketing due to economic uncertainties surrounding […]

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