Latest Denmark News
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Norway’s Economic Survey shines light on future of pensions
The medium-term outlook for public finances in Norway are in relatively good shape, partly due to increasing pension fund revenues, according to the Organisation for Economic Co-operation and Development’s ...
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ABP breaks into Norway
ABP’s recent investment in the Nordics is down to research showing that ';GDP growth in the Scandinavian countries will be the highest in Europe in the coming years,'; according to ABP investment spokesman, Michel Meijs. ABP Pension fund (ABP), a Dutch organisation, and Klepierre SA (Klepierre), a France-based real estate company, joined forces and entered into an ...
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Finland in need of pension reform says OECD
It will be vital that the Finnish economy keeps a large government surplus in the coming years and to ensure that labour force participation, especially among older workers, continues to rise, if it is to continue to perform well. The Organisation for Economic Co-operation and Development (OECD) has today published ...
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Swedish pension fund pulls out of cluster bombs
Swedish pension fund AP7 will sell all its holdings in companies making cluster bombs and nuclear weapons. The move by AP7, one of seven state-owned pension funds in Sweden, means holdings in Airbus parent EADS and US-based Lockheed Martin Corp. and General Dynamics Corp. will be sold. AP7 manages pension savings worth around 90bn kroner (about $15bn). The move follows news in April ...
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Swedens AP funds update
Sweden’s AP1 – one of the buffer funds assigned by the Swedish Parliament to manage the Swedish people’s pension funds – has posted strong performance figures in both absolute and relative terms for the first half of 2007. The Forsta AP-fonden, which manages assets with a value of SEK 221bn, reported a total return on net assets of 6.3%, which is equal to SEK 1.3 bn ...
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Swedish companies avoid the red
Swedish pension companies were given favourable evaluations by The Swedish Financial Supervisory Authority, Finansinspektionen (FI), in the Q2 2007 traffic light report. No insurance companies received a red light during that period, while pension companies as a whole – including life insurance companies and occupational pension funds – showed a larger margin to the red light ...
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At least 87 killed in twin attacks in Norway first suspect arrested
A gunman wearing police uniforms and police identification landed on a small island about 40 kilometers west of Oslo, shooting people at a youth camp two hours after the deadly bomb explosion rocked the government building quarters in the Norwegian capital city. (Xinhua/AFP Photo) The death toll of the twin attacks Friday in Norway may surpass 87 after more victims were discovered in the ...
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Ambassador Sanders discuss Danish system
Monday May 20, 2013 BRATTLEBORO -- Sen. Bernie Sanders, Vt-I, invited the Danish Ambassador Peter Taksoe-Jensen to speak about what the United States could learn from Taksoe-Jensen’s country, which has universal health care as well as a unique education system. "I believe there’s an enormous amount we can learn from them," said Sanders, who credited Denmark’s ...
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Maersk net profit sales down in Q1
(MENAFN) Danish conglomerate A.P. Moeller-Maersk reported a decline in quarterly net profits and sales, reported AFP.This decline was due to the weak economic growth in North America and Europe.The total profit drop was 33 percent, reaching USD771 million.Meanwhile, the group's sales slid by 2 percent, standing at USD13.6 ...
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Lego strikes gold with collectible minifigure
But Lego's Mr Gold doesn't come with a lifetime's supply of chocolate. He's an inch-and-a-half tall plastic figure like any other Lego product. His value - and he has been fetching over 700 on eBay - is in his rarity. There were just 5,000 made worldwide. The desire of adult collectors to get their hands on one is fuelling a commercial bonanza for the Danish toy maker. Part ...
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Henrik Sedin leads Sweden to gold at Worlds with 5-1 win over Switzerland
Team USA's Alex Galchenyuk scores the winning shootout goal against Finland goalie Antti Raanta during bronze medal final action at the world hockey championship in Stockholm, Sweden, on Sunday, May 19, 2013. THE CANADIAN PRESS/Jacques ...
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Stranded Swedish family of seven heading back home thanks to Carson sheriffs deputies reserves
A stranded Swedish family of seven, made penniless by airfare changes due to a family emergency, should be on its way home today, Sunday, May 19, 2013, thanks to sheriff's deputies and reservists sympathetic to their plight. Carson station deputies and personnel from the Los Angeles County Sheriff's Reserve Forces Bureau chipped in donations for the family to provide them with food, ...
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Sweden wins world hockey title
Swedish players react after winning the 2013 Ice Hockey IIHF World Championships gold medal match against Switzerland, at the Ericsson Globe Arena in Stockholm, Sweden, Sunday, May 19, 2013. (AP Photo/Lehtikuva, Martti Kainulainen) FINLAND OUT. NO THIRD PARTY ...
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Epic Lego Star Wars Laser Battle Shows Power of Civilian Lasers
No special effects were needed for Alex to demonstrate the very real power of intense lasers that are available to the public on a small scale. But if lasers that can melt Star Wars figurines are available publicly, how powerful are the directed energy weapons the government possesses? Related ...
Denmark Discussion
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Denmark's Russian relationship
Danish relations with Russia have existed for several centuries, with the first recorded diplomatic relations dating from 1493, when King Hans and Ivan III signed a treaty aimed at planning an offensive against Sweden and Lithuania. Since then the relations between the two countries have grown closer, frayed, become tense, reconciled and stagnated at different points throughout the history of their respective political development.
Denmark and Russia have always been economically and politically important to one another though. Denmark, since the end of the Cold War, has acted as a bridge between the east and west, and during much of the tumultuous politics of the post-war and Cold War period, remained largely neutral in many affairs concerning Russia. In 1939 the country refused to support measures to expel Russia from the then-League of Nations, and resisted attempts by Nordic countries to set up a defense alliance for the region. Read more
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