Finance
Traffic through the tollring in Oslo fell by 4.5 per cent in March
In March, half a year after the prices of the toll ring in Oslo were significantly increased, traffic has declined by 4.5 per cent compared with the same month last…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Insurance company fears flooding
The weather conditions and snowfall this year remind one of the situation in 1995, when there was large scale flooding, warned SpareBank 1 Insurance (Forsikring). This…
Finance
Does Norway Need To Achieve More Economic Freedom?
Does Norway Need To Achieve More Economic Freedom? Several international institutes, NGOs and research organizations have measured the world economies on the basis of…
Finance
Four out of ten unemployed found a new job
A NAV analysis of former unemployed people showed that 38% changed employment when they found a new job. Very few moved to another part of the country to work. The…
Finance
Tesla recalls 123,000 cars
Tesla has recalled 123,000 model S trailers worldwide because of bolts that can rust on salty roads and affect power steering. The company announced on Thursday that…
Finance
Norwegians are buying cabins like never before
Last year, 30,000 Norwegians bought cabins, of which 7,000 are newly built, according to the forecast center. The numbers have never been so high. According to NRK,…
Finance
Banknotes and coins lose ground to card payments
Eight out of ten people use cards as a form of payment, regardless of the amount. The percentage of older people making card payments increased the most. Norway could…
Finance
Major Drug action against cannabis plants
Major Drug action against cannabis factories 18 arrests made in Germany and Spain after police uncover one metric ton of marijuana, two cannabis factories and bundles of…
Finance
EC Pushes €1B Fee Reductions
If a newly proposed EC measure advances in Parliament, the European Union (EU) Single Market may soon enjoy an increase of foreign customers and, by extension, be of…
Finance
Tesla holds off legal proceedings by Norwegian customers
Tesla has reached agreement with 37 car owners who could have sued the company. Thus, there will be no trial. The customers were scheduled to meet the electric car…
Finance
Nav stopped child support (barnetrygden) for 17,000 children abroad
17,000 children stayed so long abroad in 2017 that Nav stopped paying child allowance. The reason for their foreign stays were not recorded. According to the rules, the…
Finance
Exports to Russia fall while imports increase
Sanctions have contributed to Norwegian exports to Russia having fallen by 75% since 2014. During the same period, Russian exports to Norway have increased. Both…
Finance
143,000 tonnes of reusable waste generated in 2017
Refuse companies collected 143,000 tonnes of electrical and electronic waste in 2017. 83% of the so-called ‘EE waste’was converted into valuable raw materials.…
Finance
Strong growth in defaults on consumer loans
A review of the accounts of credit card banks showed that the size of defaulted loans has doubled over the past year. Dagens Næringsliv newspaper went through the…
Finance
Søreide to Trump: “We’re No Threat”
Foreign Minister Ine Eriksen Søreide (H) has given Norway’s stance concerning the United States new metal tariffs and their impact upon Norwegian exports, saying that…
Finance
Lessons from the Oracle of Omaha
Illuminating lessons from the Oracle of Omaha The Oracle of Omaha, the nick name for Warren Buffet, who is one of the most renowned investment gurus in the world and the…
Finance
Facebook, Google, Alibaba beware
Facebook, Google, Alibaba and others beware Shareholders of Facebook, Google, Alibaba and others should tremble, the European Union (EU), including the European Economic…