Tag: Dollar

  • New: The kidnapping of the Brolin couple

    New: The kidnapping of the Brolin couple

    Kidnappings in the Caucasus are a million dollar industry during the 90s, but the Swedish government says early on that it will not pay any ransom for the Brolin couple. Outside the dungeon, a frantic search is underway, but the kidnappers’ patience is running out. Cast:Paulina & Daniel Brolin. Niclas Collén – pastor. Per-Johan Stenstrand […]

  • Denmark’s military expenditure is increasing as the world’s powers sharpen their claws

    S! CLEAN songA new defense proposal is a new one doomsday alarm called S!RENEN, which will sound a loud siren on people’s phones in the event of an impending disaster. There is no need to download a special app: in an emergency, the alert will be sent directly by mobile operators to mobile phones, along […]

  • Post-apocalypse: the end of daily mail delivery is in sight

    Post-apocalypse: the end of daily mail delivery is in sight

    Australia Post sees red. A lot of it. After posting a razor-sharp profit of $23.6 million in the last six months of 2022, it is set to post a loss for the full 2022-23 financial year – just the second time since it was incorporated in 1989. The last loss was in 2014-15, following a […]

  • A year for most children is a lifetime…

    A year for most children is a lifetime…

    A year ago, the conflict hit close to home when war broke out in Ukraine. It is a year of uncertainty, fear, broken dreams, broken families and disrupted lives. About 6.5 million people have been displaced from their homes, 1.2 million of whom are children. Almost 7 million children are at risk due to attacks […]

  • The US dollar rises as currency traders weigh the outlook for interest rates

    NEW YORK, March 8 (Xinhua) — The U.S. dollar edged higher in late trading on Wednesday as market participants gauged the Federal Reserve’s rate hike course. The dollar index, which measures the greenback against six major peers, rose 0.06 percent to 105.6598 in late trade. In late New York trading, the euro was down to […]

  • The US dollar soars amid the Fed’s aggressive rate hike stance

    NEW YORK, March 7 (Xinhua) — The U.S. dollar rose sharply on Tuesday, supported by expectations of more rate hikes from the Federal Reserve. The dollar index, which measures the greenback against six major peers, rose 1.2 percent to 105.5995. In late New York trading, the euro was down to US$1.0552 from US$1.0675 in the […]

  • The US dollar rises as the euro falls

    NEW YORK, Feb. 28 (Xinhua) — The U.S. dollar rose in late trade on Tuesday amid weakness in the euro. The dollar index, which measures the greenback against six major peers, rose 0.18 percent to 104.8709. In late New York trading, the euro fell to US$1.0582 from US$1.0607 in the previous session, and the British […]

  • The US dollar falls as the euro rises

    NEW YORK, March 1 (Xinhua) — The U.S. dollar fell in late trade on Wednesday amid strength in the euro. The dollar index, which measures the greenback against six major peers, fell 0.37 percent to 104.4849. The euro, the biggest component of the index, rose after data released on Wednesday showed German inflation remained high. […]

  • US dollar firms by jobless claims data

    NEW YORK, March 2 (Xinhua) — The U.S. dollar strengthened in late trade on Thursday as market participants analyzed the latest labor market data. The dollar index, which measures the greenback against six major peers, rose 0.52 percent to 105.0284. In late New York trading, the euro fell to US$1.0591 from US$1.0656 in the previous […]

  • US dollar falls after services PMI report

    NEW YORK, March 3 (Xinhua) — The U.S. dollar weakened in late trade on Friday, following the release of the February U.S. jobs report. The dollar index, which measures the greenback against six major peers, fell 0.48 percent to 104.5242. In late New York trading, the euro was up at US$1.0634 from US$1.0591 in the […]

  • Finland starts building a fence on the border with Russia

    Finland starts building a fence on the border with Russia

    Finland has begun building a 200-kilometer-long fence on the border with Russia to prevent Moscow from using migrant flows for political purposes. This comes as Finnish MPs vote on Wednesday afternoon to speed up the process to join the NATO military alliance. Terrain work would begin on Tuesday “with forest clearance and will proceed in […]

  • The US dollar retreats after recent gains

    NEW YORK, Feb. 27 (Xinhua) — The U.S. dollar weakened in late trade on Monday as currency traders took some profits off the table following the greenback’s recent rally. The dollar index, which measures the dollar against six major peers, fell 0.51 percent to 104.6775. In late New York trading, the euro rose to US$1.0607 […]

  • The EU agrees on the tenth package of sanctions against Russia

    STOCKHOLM, Feb. 24 (Xinhua) — The European Union (EU) has agreed on the 10th sanctions package against Russia, the Swedish Presidency of the EU Council said on Twitter Friday evening. “The package includes, for example, tightened export restrictions for dual-use goods and technologies,” the Swedish presidency said. It said the package also includes “targeted limited […]

  • The US dollar jumps after hot inflation data

    NEW YORK, Feb. 24 (Xinhua) — The U.S. dollar rose sharply in late trade on Friday as the Federal Reserve’s preferred inflation gauge turned warmer than expected. The dollar index, which measures the greenback against six major peers, rose 0.6 percent to 105.2157. In late New York trading, the euro fell to US$1.0551 from US$1.0596 […]

  • The US dollar rises amid economic statistics

    NEW YORK, Feb. 23 (Xinhua) — The U.S. dollar rose slightly in late trade on Thursday as market participants digested the latest economic data. The dollar index, which measures the greenback against six major peers, rose 0.01 percent to 104.5868. In late New York trading, the euro fell to US$1.0596 from US$1.0601 in the previous […]

  • US dollar rises after Fed minutes

    NEW YORK, Feb. 22 (Xinhua) — The U.S. dollar climbed in late trade on Wednesday as market participants analyzed the Federal Reserve’s latest meeting minutes. The dollar index, which measures the greenback against six major peers, rose 0.39 percent to 104.5801. In late New York trading, the euro fell to US$1.0601 from US$1.0649 in the […]

  • ChatGPT is still in the early stages of proving its industrial value: Report

    ChatGPT is still in the early stages of proving its industrial value: Report

    The chatbot, which converses with users, has demonstrated its ability to write poems, essays and research papers, program computers and even take master’s level exams. Generative AI describes artificial intelligence algorithms that can be used to create new content, including text, images, videos, audio, code, and synthetic data. The excitement surrounding ChatGPT shows that the […]

  • US dollar companies among financial data

    NEW YORK, Feb. 21 (Xinhua) — The U.S. dollar strengthened in late trade on Tuesday as market participants sifted through fresh economic data. The dollar index, which measures the greenback against six major peers, rose 0.31 percent to 104.1723. In late New York trading, the euro was down to US$1.0649 from US$1.0698 in the previous […]

  • Recession gives rise to gambling addiction in Sweden, says government authority

    STOCKHOLM, Feb. 20 (Xinhua) — There are signs that gambling addiction is becoming a growing problem in Sweden due to the recession, the Public Health Agency said on Monday. – There is a risk that more and more people will have a gambling problem and that the consequences (of their addiction) will become worse, says […]

  • The US dollar falls as the euro, the pound rises

    NEW YORK, Feb. 17 (Xinhua) — The U.S. dollar edged lower in late trade on Friday amid strength in the euro and British pound. The dollar index, which measures the dollar against six major peers, fell 0.03 percent to 103.85. In late New York trading, the euro was up at US$1.0698 from US$1.0687 in the […]

  • Moscow warns the EU of seized assets

    Moscow warns the EU of seized assets

    Russia will respond in kind if its funds are given to Ukraine, the foreign ministry said Any Western attempt to transfer seized Russian assets to Ukraine would be “barbarism,” Foreign Ministry spokeswoman Maria Zakharova has claimed. If necessary, Moscow is ready to impose a tough response, she added. Speaking at a press briefing on Friday, […]

  • The US Dollar Falls Amid Economic Statistics

    NEW YORK, Feb. 16 (Xinhua) — The U.S. dollar edged lower in late trade on Thursday as market participants digested recently released economic data. The dollar index, which measures the greenback against six major peers, fell 0.03 percent to 103.8780. In late New York trading, the euro was up at US$1.0687 from US$1.0683 in the […]

  • New: The big mail robbery in Gothenburg

    New: The big mail robbery in Gothenburg

    The robber league consists of a group of childhood friends from Hässelby in Stockholm. They have received an insider tip that there are large sums of money at the postal terminal in Gothenburg. – This was a big operation. I had been involved in big things before, even though this was among the biggest, says […]

  • US dollar firms after strong retail sales

    NEW YORK, Feb. 15 (Xinhua) — The U.S. dollar strengthened in late trade Wednesday after data showed U.S. retail sales rose in January. The dollar index, which measures the greenback against six major peers, rose 0.65 percent to 103.9080 in late trade. In late New York trading, the euro was down to US$1.0683 from US$1.0738 […]

  • The wellness hysteria

    The wellness hysteria

    Humans have long strived to reach an optimal state of health, but we have probably never been more receptive to various dietary supplements, mindfulness exercises or ancient herbal medicines than now. In a stressful and performance-driven modern working life and in a media landscape with thousands of impressions a day, more and more people are […]

  • US dollar falls after inflation data

    NEW YORK, Feb. 14 (Xinhua) — The U.S. dollar fell in late trade on Tuesday after data showed U.S. inflation for January turned out warmer than expected. The dollar index, which measures the greenback against six major peers, was down 0.12 percent at 103.2355 in late trade. In late New York trading, the euro was […]

  • The US dollar falls as traders await key inflation data

    NEW YORK, Feb. 13 (Xinhua) — The U.S. dollar fell in late trade on Monday as market participants awaited a key U.S. inflation report. The dollar index, which measures the dollar against six major peers, fell 0.26 percent to 103.3630. In late New York trading, the euro was up at US$1.0715 from US$1.0674 in the […]

  • The US dollar rises as traders assess Fed policy

    NEW YORK, Feb. 8 (Xinhua) — The U.S. dollar edged higher in late trade on Wednesday as market participants gauged the Federal Reserve’s future policy stance. The dollar index, which measures the greenback against six major peers, rose 0.005 percent to 103.4170. In late New York trading, the euro was up at US$1.0723 from US$1.0721 […]

  • The US dollar slips amid economic data

    NEW YORK, Feb. 9 (Xinhua) — The U.S. dollar weakened in late trade on Thursday after data showed a rise in the number of U.S. jobless workers last week. The dollar index, which measures the greenback against six major peers, fell 0.18 percent to 103.2330. In late New York trading, the euro was up at […]

  • US dollar firms ahead of key inflation data

    NEW YORK, Feb. 10 (Xinhua) — The U.S. dollar strengthened in late trade on Friday as market participants awaited a key U.S. inflation report. The dollar index, which measures the greenback against six major peers, rose 0.38 percent to 103.6290. In late New York trading, the euro was down to US$1.0674 from US$1.0736 in the […]

  • Florida Supreme Court, USA, Europe reports computer attacks

    Florida Supreme Court, USA, Europe reports computer attacks

    LONDON, England: Reuters has reported that a series of ransomware attacks affected servers belonging to the Florida Supreme Court and several universities in the United States and Central Europe. According to figures collected by Ransomwhere, a crowdsourced platform that tracks digital extortion attempts and online ransom payments, the affected organizations are among more than 3,800 […]

  • Jack Ma – the billionaire who flew too close to the sun

    Jack Ma – the billionaire who flew too close to the sun

    On November 11, 2020, the Chinese e-commerce giant strikes Alibaba’s annual shopping holiday Singles Day a dizzying sales record. Company founder Jack Ma has become synonymous with success in China. He is a world celebrity who thrives in the limelight, accustomed to shaking hands with presidents and swarming with Hollywood stars. But when Alibaba’s customers […]

  • The US dollar rises as the pound, the yen falls

    NEW YORK, Jan. 23 (Xinhua) — The U.S. dollar strengthened in late trade Monday amid weakness in the British pound and the Japanese yen. The dollar index, which measures the dollar against six major peers, rose 0.1 percent to 102.1140. In late New York trading, the euro was up at US$1.0860 from US$1.0854 in the […]

  • The US dollar falls as the euro rises

    NEW YORK, Jan. 20 (Xinhua) — The U.S. dollar eased in late trade on Friday amid momentum in the euro. The dollar index, which measures the greenback against six major peers, fell 0.04 percent to 102.0160. In late New York trading, the euro was up at US$1.0854 from US$1.0831 in the previous session, and the […]

  • Market exchange rates in China — January 20

    BEIJING, Jan. 20 (Xinhua) — Following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,677.02 Euro 100,733.61 Japanese yen 100 5.2729 Hong Kong Dollar 100 86.456 British Pounds 100,839.15 […]

  • The US dollar slips amid mixed economic statistics

    NEW YORK, Jan. 19 (Xinhua) — The U.S. dollar weakened in late trade on Thursday as market participants digested a slew of mixed data. The dollar index, which measures the greenback against six major peers, fell 0.32 percent to 102.0570. In late New York trading, the euro was up at US$1.0831 from US$1.0795 in the […]

  • Trkiye denies the connection between the F-16 agreement and Nordic NATO bids

    Trkiye denies the connection between the F-16 agreement and Nordic NATO bids

    Ankara hopes to buy 40 new Lockheed-produced jets, but the deal has opponents in Washington Turkey’s proposed purchase of F-16 fighter jets from the US and its gatekeeping for NATO as Finland and Sweden seek to join the US-led military bloc are “not related,” Turkish Foreign Minister Mevlut Cavusoglu has insisted. The arms sale would […]

  • Market exchange rates in China — January 19

    BEIJING, Jan. 19 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,676.74 Euro 100,730.44 Japanese Yen 100 5.2658 Hong Kong Dollar 100 86.487 British Pounds 100,835.38 […]

  • US dollar edges higher amid economic statistics

    NEW YORK, Jan. 18 (Xinhua) — The U.S. dollar rose modestly in late trade on Wednesday as market participants digested a flurry of economic data. The dollar index, which measures the greenback against six major peers, added 0.004 percent to 102.3810. In late New York trading, the euro was up at US$1.0795 from US$1.0794 in […]

  • Tourism will return to pre-pandemic levels in some areas in 2023

    Tourism will return to pre-pandemic levels in some areas in 2023

    Depending, among other things, on the extent of the economic recession, the continued recovery of tourism in the Asia-Pacific region, and the development of Russia’s aggression in Ukraine. All areas will be restored More than 900 million tourists traveled internationally in 2022 – double the number in 2021, though still 63% of pre-pandemic levels, according […]

  • Cost of attending an international school in Copenhagen on par with private education fees paid by the British in the 1980s

    Cost of attending an international school in Copenhagen on par with private education fees paid by the British in the 1980s

    The cheapest international school in Copenhagen costs only 3,665 US dollars per year in fees, according to International Schools Databasewhich puts it on par with the amount typically demanded by a British private school in the early 1980s. Between 1991 and 2016, private school fees in the UK rose by 550 per cent, far outstripping […]

  • The US dollar falls as the pound rises

    NEW YORK, Jan. 17 (Xinhua) — The U.S. dollar edged lower in late trading on Tuesday, amid momentum in the British pound. The dollar index, which measures the greenback against six major peers, fell 0.1 percent to 102.3770. In late New York trading, the euro was down to US$1.0794 from US$1.0820 in the previous session, […]

  • Market Exchange Rates in China — Nov 7

    BEIJING, Nov. 7 (Xinhua) — Following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Monday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,722.92 Euro 100,717.66 Japanese yen 100 4.9172 Hong Kong Dollar 100 92.096 British Pounds 100,818.24 Australian […]

  • COP27 in Egypt: The core of hope or doomed to despair

    COP27 in Egypt: The core of hope or doomed to despair

    Activists have slammed previous UN climate talks, calling them slow, complex and ineffective. As countries around the world fail to meet climate commitments to keep global temperatures below a fateful 2 degrees Celsius, can this year’s COP27 in Egypt rise above its bad rep, or is it destined to disappoint? For nearly thirty years, the […]

  • US dollar falls amid key jobs data

    NEW YORK, Nov. 4 (Xinhua) — The U.S. dollar fell sharply in late trade on Friday as market participants digested the October U.S. employment figures. The dollar index, which measures the greenback against six major peers, fell 1.81 percent to 110.8770. In late New York trading, the euro rose to US$0.9951 from US$0.9755 in the […]

  • The US dollar soars after the hawkish Fed stance

    NEW YORK, Nov. 3 (Xinhua) — The U.S. dollar rose in late trade on Thursday, after the Federal Reserve approved another big interest rate hike and signaled more hikes to come. The dollar index, which measures the dollar against six major peers, rose 1.4 percent to 112.9260. In late New York trading, the euro fell […]

  • The US dollar falls after the Fed approves another jumbo interest rate hike

    NEW YORK, Nov. 2 (Xinhua) — The U.S. dollar weakened in late trading on Wednesday as market participants digested the Federal Reserve’s latest interest rate announcement. The dollar index, which measures the greenback against six major peers, fell 0.1 percent to 111.3650. In late New York trading, the euro was unchanged from the previous session […]

  • US dollar falls as Fed decision awaited

    NEW YORK, Nov. 1 (Xinhua) — The U.S. dollar edged lower in late trading on Tuesday as market participants await a key decision from the Federal Reserve. The dollar index, which measures the dollar against six major peers, fell 0.04 percent to 111.4800. In late New York trading, the euro was up at US$0.9888 from […]

  • EU officials speak out against Scottish nationalist leader over euro

    EU officials speak out against Scottish nationalist leader over euro

    Despite Nicola Sturgeon’s claims, it will be “impossible” for Scotland to join the bloc and not the single currency, officials say. Scotland will need “legally commit” to join the euro if it becomes independent and seeks membership of the European Union, two EU officials told the Herald on Sunday. Scottish First Minister Nicola Sturgeon, who […]

  • The US dollar rises ahead of the Fed meeting

    NEW YORK, Oct. 31 (Xinhua) — The U.S. dollar rose in late trade Monday as market participants awaited a key meeting with the Federal Reserve. The dollar index, which measures the greenback against six major peers, climbed 0.7 percent to 111.5280. In late New York trading, the euro fell to US$0.9887 from US$0.9958 in the […]

  • An independent Scotland will have to join the euro Brussels

    An independent Scotland will have to join the euro Brussels

    Despite Nicola Sturgeon’s claims, it will be ?impossible? for Scotland to join the EU and not the single currency, officials say Scotland will have to “legally commit” to joining the euro if it becomes independent and seeks membership of the European Union, two EU officials told the Herald on Sunday. First Minister Nicola Sturgeon, who […]

  • Market exchange rates in China — October 31

    BEIJING, Oct. 31 (Xinhua) — Following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Monday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,717.68 Euro 100,717.03 Japanese Yen 100 4.875 Hong Kong Dollar 100 91.431 British Pounds 100,835.71 Australian […]

  • US dollar strengthens amid economic statistics

    NEW YORK, Oct. 28 (Xinhua) — The U.S. dollar climbed in late trade on Friday as traders reacted to recently released economic data. The dollar index, which measures the greenback against six major peers, rose 0.15 percent to 110.7520. In late New York trading, the euro fell to US$0.9958 from US$0.9965 in the previous session, […]

  • Market Exchange Rates in China — Oct 28

    BEIJING, Oct. 28 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollars 100,716.98 Euro 100,716.12 Japanese Yen 100 4.9116 Hong Kong Dollar 100 91.343 British Pounds […]

  • US dollar rises amid ECB decision, economic data

    NEW YORK, Oct. 27 (Xinhua) — The U.S. dollar appreciated in late trade Thursday as market participants analyzed a key European Central Bank (ECB) decision and recently released economic data. The dollar index, which measures the greenback against six major peers, rose 0.81 percent to 110.5870. In late New York trading, the euro was down […]

  • Market rates in China — Oct. 27

    BEIJING, Oct. 27 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,715.70 Euro 100,721.57 Japanese yen 100 4.8878 Hong Kong Dollar 100 91.176 British Pounds 100,831.80 […]

  • US Dollar Falls as Traders Weigh Fed Pivot

    NEW YORK, Oct. 26 (Xinhua) — The U.S. dollar fell in late trade on Wednesday as recent soft U.S. economic data fueled speculation that the Federal Reserve may be less aggressive in raising interest rates. The dollar index, which measures the dollar against six major peers, fell 1.13 percent to 109.7010. In late New York […]

  • Market Exchange Rates in China — Oct 20

    BEIJING, Oct. 20 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,711.88 100,699.49 euros Japanese Yen 100 4.7794 Hong Kong Dollar 100 90.688 British Pounds 100,804.24 […]

  • Business Round-Up: ‘Wise Men’ economists warn 100,000 will lose their jobs by end of 2023

    Business Round-Up: ‘Wise Men’ economists warn 100,000 will lose their jobs by end of 2023

    The Economic Council, the economic council often referred to as ‘the sages’, has warned that three years of austerity is likely to hit the country. At least 100,000 of the 2,950,000 people currently in work are likely to lose their jobs over the next 14 months, it predicts. The development in September of the C25, […]

  • Market Exchange Rates in China — Oct 18

    BEIJING, Oct. 18 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,710.86 Euro 100,700.66 Japanese yen 100 4.7806 Hong Kong Dollar 100 90.559 British Pounds […]

  • Denmark named among the top countries for young professionals

    Denmark named among the top countries for young professionals

    Denmark is one of the world’s best countries for young professionals, according to a new ranking by the American job platform Lensa. Especially with regard to the recent global cost of living crisis, it seems that good career opportunities and financial security are more important than ever for young graduates on the fringes of the […]

  • 10,000 women around the world die from breast cancer every week

    10,000 women around the world die from breast cancer every week

    Pink ribbon. This ribbon is the international symbol of breast cancer. Its origins go back a long way, but in 1992 it became the symbol of breast cancer in the United States, signifying the urgent need to bring this health issue to the fore. Hope in symbolism. Although the color pink may seem soft and […]

  • 3 economists share the 2022 Nobel Prize in Economics

    3 economists share the 2022 Nobel Prize in Economics

    © Provided by Xinhua The foundations of modern banking research were laid in the early 1980s by the laureates, whose analyzes have been “of great practical importance in regulating financial markets and managing financial crises,” the Royal Academy of Sciences said in a statement. STOCKHOLM, Oct. 10 (Xinhua) — The Royal Swedish Academy of Sciences […]

  • 2nd LD Writethru: 3 Economists Share 2022 Nobel Prize in Economics

    STOCKHOLM, Oct. 10 (Xinhua) — The Royal Swedish Academy of Sciences decided Monday to award the 2022 Swedish Riksbank Prize in Economic Science in memory of Alfred Nobel to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig “for research on banks and financial crises.” This year’s laureates in economic sciences “have significantly advanced […]

  • 1st LD: 3 economists share the 2022 Nobel Prize in Economics

    STOCKHOLM, Oct. 10 (Xinhua) — The Royal Swedish Academy of Sciences has decided to award the 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig “for research on banks and financial crises .” In an on-site phone interview, Diamond said the […]

  • 1st LD: 3 scientists share 2022 Nobel Prize in Quantum Physics

    STOCKHOLM, Oct. 4 (Xinhua) — Alain Aspect of France, John F. Clauser of the United States and Anton Zeilinger of Austria won the 2022 Nobel Prize in Physics for their work on quantum information science, the Royal Academy of Sciences announced Tuesday. The prizes were awarded for their “experiments with entangled photons, which established the […]

  • 2nd LD Writethru: 3 Scientists Share 2022 Nobel Prize in Quantum Physics

    STOCKHOLM, Oct. 4 (Xinhua) — Alain Aspect of France, John F. Clauser of the United States and Anton Zeilinger of Austria won the 2022 Nobel Prize in Physics for their work on quantum information science, the Royal Academy of Sciences announced Tuesday. The prizes were awarded for their “experiments with entangled photons, which established the […]

  • 1st LD: Three scientists share the 2022 Nobel Prize in Chemistry

    STOCKHOLM, Oct. 5 (Xinhua) — Carolyn R. Bertozzi and K. Barry Sharpless of the United States and Morten Meldal of Denmark shared the 2022 Nobel Prize in Chemistry “for the development of click chemistry and bioorthogonal chemistry,” the Royal. The Academy of Sciences announced on Wednesday. Sharpless and Meldal have laid the foundation for a […]

  • 2nd LD Writethru: 3 scientists share 2022 Nobel Prize in Chemistry

    STOCKHOLM, Oct. 5 (Xinhua) — Carolyn R. Bertozzi and K. Barry Sharpless of the United States and Morten Meldal of Denmark shared the 2022 Nobel Prize in Chemistry “for the development of click chemistry and bioorthogonal chemistry,” the Royal. The Academy of Sciences announced on Wednesday. Sharpless and Meldal have laid the foundation for a […]

  • Three researchers share the 2022 Nobel Prize in Chemistry

    Three researchers share the 2022 Nobel Prize in Chemistry

    © Provided by Xinhua Sharpless and Meldal have laid the foundation for a functional form of chemistry, click chemistry, where molecular building blocks snap together quickly and efficiently. Bertozzi has taken click chemistry to a new dimension and started using it in living organisms, the academy said in a statement. STOCKHOLM, Oct. 5 (Xinhua) — […]

  • Three researchers share the 2022 Nobel Prize in Chemistry

    Three researchers share the 2022 Nobel Prize in Chemistry

    © Provided by Xinhua STOCKHOLM, Oct. 5 (Xinhua) — Carolyn R. Bertozzi and K. Barry Sharpless of the United States and Morten Meldal of Denmark shared the 2022 Nobel Prize in Chemistry “for the development of click chemistry and bioorthogonal chemistry,” the Royal. The Academy of Sciences announced on Wednesday. Sharpless and Meldal have laid […]

  • Three scientists share the 2022 Nobel Prize in quantum physics

    Three scientists share the 2022 Nobel Prize in quantum physics

    © Provided by Xinhua The prizes were awarded for the three researchers’ “experiments with entangled photons, which established the violation of Bell’s inequalities and pioneered quantum information science,” the academy said in a statement. STOCKHOLM, Oct. 4 (Xinhua) — Alain Aspect of France, John F. Clauser of the United States and Anton Zeilinger of Austria […]

  • Western arms maker reveals plans for India

    Western arms maker reveals plans for India

    Swedish Saab wants to increase production to meet growing demand for “anti-tank capability” Swedish arms maker Saab will build a new facility in India to make a shoulder-fired anti-tank weapon, according to a company executive, who noted that the plant would serve New Delhi’s armed forces in addition to more than a dozen other nations. […]

  • Swedish intelligence initiates Nord Stream’s sabotage inquiry

    Swedish intelligence initiates Nord Stream’s sabotage inquiry

    Sweden’s security service (SAPO) said on Wednesday it will investigate unexplained explosions and leaks on Nord Stream pipelines in the Baltic Sea, calling them “gross sabotage”. SAPO took over the investigation from the police because “it could relate to a serious crime that could be at least partially targeted Swedish interests,” it said. The intelligence […]

  • Million dollar damage in Urriðaholt due to power failure

    Million dollar damage in Urriðaholt due to power failure

    Residents of several dozen flats in Urriðaholt in Garðabær suffered millions of dollars in losses last Friday, when a failure in an electrical switchboard operated by HS Veitur caused the voltage to rise from 220 volts to nearly 400 volts in some apartments. As a result, many electrical appliances have failed, and there is no […]

  • Securing your casino account with money management strategies

    Securing your casino account with money management strategies

    Many new players visit casino platforms without knowledge of money management. Every once in a while a new player visits a casino site with a reasonable budget and stop-loss limit. Nevertheless, most fresh casino players have no idea about financial management. Utilizing proper money management techniques while benefiting from a casino bonus is important in […]

  • Market exchange rates in China — September 7

    BEIJING, Sept. 7 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Wednesday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,691.60 100,688.21 euros Japanese Yen 100 4.8614 Hong Kong Dollar 100 88.105 British Pounds 100,800.52 […]

  • Euro drops to 20-year low after shutdown of Nord Stream 1

    Financial markets have been rattled by the shutdown of Russia’s Nord Stream 1 gas pipeline, as energy pressure on European economies intensifies as winter approaches. The euro fell to a two-year low this morning in early Monday trading after Russian energy company Gazprom extended the shutdown of its gas pipeline to Germany on Friday night. […]

  • The working group is expected to reduce electricity prices in the Nordics

    STOCKHOLM, Sept. 5 (Xinhua) — Sweden and Norway announced Monday that they were ready to start a joint working group aimed at reining in soaring electricity costs in the Nordics. The decision was announced after a meeting between Swedish and Norwegian ministers in Stockholm. “Together with the Norwegian government [Swedish] The government is initiating a […]

  • The German technology fair IFA 2022 for home electronics opens

    BERLIN, Sept. 2 (Xinhua) — The German technology fair IFA 2022 opened to the public in Berlin on Friday, for the first time since the start of the Covid-19 pandemic. In 2020, the fair was limited to professional visitors, while last year it was cancelled. Until Tuesday next week, 1,100 exhibitors from 46 countries and […]

  • The Swedish Prime Minister calls for the decoupling of electricity and gas prices

    STOCKHOLM, Sept. 2 (Xinhua) — The Swedish government on Friday demanded that gas be decoupled from the electricity price system, as this would lead to lower electricity prices. “It is not reasonable that Swedish households and companies buy Swedish electricity that is produced cheaply, but have to pay sky-high prices because many of our neighboring […]

  • GLOBALink | The German technology fair IFA 2022 for home electronics opens

    BERLIN, Sept. 3 (Xinhua) — The German technology fair IFA 2022 opened to the public in Berlin on Friday, for the first time since the start of the Covid-19 pandemic. In 2020, the fair was limited to professional visitors, while last year it was cancelled. Until Tuesday next week, 1,100 exhibitors from 46 countries and […]

  • Biden to appoint Arctic ambassador to China Eyes Region

    Biden to appoint Arctic ambassador to China Eyes Region

    UPPSALA, SWEDEN – The Biden administration plans to name an ambassador-at-large for the Arctic amid growing awareness of the region’s potential strategic importance, which China is the latest major power to claim. It is not clear who the nominee will be, or when the nomination will be made, according to Politico. The nomination will be […]

  • Market rates in China — August 23

    BEIJING, Aug. 23 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Tuesday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,685.23 Euro 100,680.70 Japanese Yen 100 4.9803 Hong Kong Dollar 100 87.326 British Pounds 100,806.10 […]

  • Function: More Swedes are seeking food aid in the midst of sky-high inflation

    by Patrick Ekstrand, Fu Yiming STOCKHOLM, Aug. 18 (Xinhua) — As food prices continue to rise, more and more people in Sweden, a Nordic country known for its well-developed welfare system, are seeking help with daily food. Since last spring, more and more Swedes have found themselves struggling with sky-high food prices and have seen […]

  • Sweden must subsidize the electricity bill at high prices

    STOCKHOLM, Aug. 17 (Xinhua) — The Swedish government on Wednesday unveiled a plan to subsidize electricity bills for households and businesses to ease the pain of skyrocketing electricity costs. Both households and businesses will be compensated with at least SEK 30 billion (US$2.9 billion), Sweden’s Prime Minister Magdalena Andersson announced at a press conference. “The […]

  • Market rates in China — 17 Aug

    BEIJING, Aug. 17 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,678.63 Euro 100,690.25 Japanese Yen 100 5.0526 Hong Kong Dollar 100 86.563 British Pounds […]

  • New hope for SAS as an American company confirms plans to invest

    New hope for SAS as an American company confirms plans to invest

    Subject to approval, the American investment company Apollo Global Management has confirmed that it will give SAS a loan of 700 million US dollars. The loan will help SAS pay its employees’ salaries over the next 9-12 months, while also strengthening its financial position ahead of a restructuring, after which it will be known as […]

  • Russians buy last items from H&M, IKEA when stores wind down

    Russians buy last items from H&M, IKEA when stores wind down

    MOSCOW – Russians are snapping up Western fashion and furniture this week as H&M and IKEA sell off the last of their stock in Russia and continue their exit from the country after it sent troops to Ukraine. Sweden-based H&M and Netherlands-based IKEA had paused sales in Russia after the military operation began and are […]

  • The American climate agreement holds enormous potential for Danish companies

    The American climate agreement holds enormous potential for Danish companies

    US President Joe Biden had a much-needed victory on Sunday night when the US Senate passed his massive climate strategy. The ambitious plan has a value of 430 billion dollars, and its goal is to work towards tackling climate change through green measures, as well as to limit the cost of medicine. But according to […]

  • According to the Ifo Institute, a trade war with China would cost Germany six times as much as Brexit

    According to the Ifo Institute, a trade war with China would cost Germany six times as much as Brexit

    In Germany, the biggest losers in the trade war with China are the automotive industry (-8.47 percent loss of value added; -8,306 million dollars), companies that manufacture transport equipment (-5.14 percent; -1,529 million dollars), and manufacturers of machinery and equipment (-4.34 percent; -5,201 million USD). “If Germany as an exporting country wants to change its […]

  • Erdogan’s diplomacy with Russia alarms West FT

    Erdogan’s diplomacy with Russia alarms West FT

    While Turkey is a member of NATO, its president has taken a middle path towards Ukraine Western officials are “increasingly concerned” that Turkey, a NATO ally and prospective EU member, is deepening its cooperation with Russia, the Financial Times has reported. Turkish President Recep Tayyip Erdogan recently returned from Sochi and promised to increase trade […]

  • Market rates in China — 4 Aug

    BEIJING, Aug. 4 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,676.36 Euro 100,687.15 Japanese Yen 100 5.0439 Hong Kong Dollar 100 86.168 British pounds 100,821.17 […]

  • NATO reveals its goal in the Ukraine conflict

    NATO reveals its goal in the Ukraine conflict

    Avoiding a “full-scale war” with Russia is one of the main priorities, says Jens Stoltenberg One of NATO’s main goals in the Ukraine conflict is to prevent a “all-out war” with Russia, the alliance’s Secretary General Jens Stoltenberg said on Thursday. “In this conflict, NATO has two tasks: to support Ukraine and to prevent the […]

  • Copenhagen serves the most expensive espressos in Europe

    Copenhagen serves the most expensive espressos in Europe

    Most people are aware The Economist’s Big Mac Index: an indication of purchasing power parity worldwide. It also helps explain why wages have to be much higher in certain countries. In Denmark, by spending the equivalent of 50 dollars in local currency, you can afford to buy nine of the burgers against 30 in index […]

  • Market exchange rates in China — July 29

    BEIJING, July 29 (Xinhua) — Following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,674.37 Euro 100,687.39 Japanese Yen 100 5.0154 Hong Kong Dollar 100 85.908 British Pounds 100,820.83 […]

  • Sport Round-Up: Danish cycling success keeps on coming… this time in the women’s Tour de France

    Sport Round-Up: Danish cycling success keeps on coming… this time in the women’s Tour de France

    Cecilie Uttrup Ludwig’s win on the third stage of the inaugural Tour de France Femme yesterday was the perfect tonic for her Team Française des Jeux after a brutal Monday in the saddle that sidelined teammate Marta Cavalli after a horror crash. In the history of the men’s race, you’d struggle to find an instance […]

  • Market exchange rates in China — July 27

    BEIJING, July 27 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,677.31 Euro 100,686.31 Japanese Yen 100 4.9474 Hong Kong Dollar 100 86.29 British Pounds […]

  • Electric "giveaway" in windy Finland;  the price of gasoline is going down

    Electric "giveaway" in windy Finland; the price of gasoline is going down

    The average price of electricity has dropped on Tuesday to only about 0.7 cents per kilowatt hour (kWh), says the Nord pool electricity exchange. On Tuesday, prices fell to their lowest point of less than 0.2 cents per kilowatt hour. On Monday, the average price of electricity on the stock exchange was around 16.2 cents/kWh. […]