The Press Junction.
The Press Junction.
11 July 2026
US fears more empty hotel rooms at World Cup than expected

US fears more empty hotel rooms at World Cup than expected

The 2026 World Cup will kick off in the US on June 11. Hotel bookings are falling far short of expectations in almost all host cities, raising doubts about the economic return of the prominent football festival.

Xi Jinping sends Putin home empty-handed

Xi Jinping sends Putin home empty-handed

Vladimir Putin's visit to Chinese President Xi Jinping was closely followed by the press. The Russian president was welcomed with numerous honors and ceremonies. Honorary salutes, marching soldiers and waving children. The Chinese head of state pulled out all the stops for Putin that occurred just after Trump's visit. At least it seemed that way anyway. The Chinese president did not seem intimidated by his Russian counterpart. After all, after a lot of ceremonial formalities and meetings about possible collaborations, Xi Jinping sent his Russian counterpart home empty-handed.

China seeks European factories to produce their cars

China seeks European factories to produce their cars

Chinese automakers are beginning to look across borders for suitable locations to start manufacturing cars. In particular, Latin America and Europe are attracting China's attention.

Europe strikes 'unbalanced trade deal': U.S. avoids import duties while Europe pays

Europe strikes 'unbalanced trade deal': U.S. avoids import duties while Europe pays

It has taken a long time, but after 10 months of negotiations, the European Union has finally found a compromise on the implementation of the trade agreement already reached last summer with the United States.

Setback for Trump: Senate won't pay for golden ballroom

Setback for Trump: Senate won't pay for golden ballroom

The US Senate is tentatively putting a stop to $400 million in federal security funding for the majestic White House ballroom.

Amsterdam could earn millions with arrival of Harry Styles

Amsterdam could earn millions with arrival of Harry Styles

Between Saturday, May 16 and Friday, June 5, pop star Harry Styles will give ten concerts in the Johan Cruijff Arena. With about 700,000 visitors epxtected, Amsterdam expects a major economic boost.

Honda dives into the red for the first time

Honda dives into the red for the first time

Japanese automaker Honda posted a billion-dollar loss in the 2025-2026 fiscal year. This also marks a historic first for the company as it has never before closed a fiscal year at a loss.

AI also costs (many) jobs in tech sector itself

AI also costs (many) jobs in tech sector itself

De techsector verliest dit jaar in een alarmerend tempo jobs. Volgens de website Layoffs.fyi verdwenen er in de eerste vier maanden van 2026 al ruim 103.500 banen bij 131 techbedrijven: dat is bijna evenveel als in heel 2025, toen het totaal uitkwam op ruim 124.000 jobs bij 272 bedrijven.

Hot topic on Trump's visit to China: Taiwan

Hot topic on Trump's visit to China: Taiwan

US President Donald Trump will pay a state visit to China from Wednesday to Friday at the invitation of President Xi Jinping. It's the first visit by a U.S. president to China since 2017. The visit was previously scheduled for March, but was postponed due to the war in Iran.

AI takes over jobs at Dutch tech company: 1 in 5 employees must leave

AI takes over jobs at Dutch tech company: 1 in 5 employees must leave

On Monday, May 11, Bird's ceo Vis informed all employees that the European workforce is shrinking by 20 percent. He also posted the internal message on LinkedIn. In it, he indicates that the "employee base" is moving closer to customers in the United States. According to Vis, Bird's customer base is increasingly no longer in the Amsterdam time zone. And in addition, AI also plays a big role in this drastic decision. The company made the decision to lay off many employees to adapt to the changing technological landscape.