Tag: Economics

  • The debt problem fueled the campaign trail, experts tell YLE and Helsingin Sanomat

    The debt problem fueled the campaign trail, experts tell YLE and Helsingin Sanomat

    The center and the coalition have especially tried to raise the public debt to the top of the looming parliamentary elections. The Ministry of Finance opened the platform for discussion earlier this year by publishing a comprehensive list of possible savings measures, including both tax increases and spending cuts. It estimates that six billion euros […]

  • IKEA completes sale of Russian factories

    IKEA completes sale of Russian factories

    All of the company’s production facilities in the country have been acquired by local units Swedish furniture giant IKEA has completed the sale of its last remaining production facility in Russia, a furniture factory in the Novgorod region, the company announced on Monday. The plant was bought by a local company called Invest Plus. The […]

  • More young adults are living with their parents due to the “perfect storm” of high inflation and rental costs in Denmark

    The proportion of young people aged 20-24 who live with their parents has grown by 8 percentage points in just one year. Today, almost a third live with their parents. According to Denmark’s statisticsis the highest proportion since it began collecting data in 1986. Young people still move away from home, but at a later […]

  • HS: The labor shortage is getting worse in the capital region

    HS: The labor shortage is getting worse in the capital region

    “The kind of labor that is in demand is not available, and the demand for labor was at a consistently high level,” said. Heikki Räisänenresearch director at the Ministry of Economy and Labour. For example, there were an average of 1,817 nursing home jobs last year, while there were 1,220 suitable unemployed job seekers. Almost […]

  • Seizing Russian assets is a challenge for the EU task force chief

    Seizing Russian assets is a challenge for the EU task force chief

    Debates over the legality of asset expropriation continue, with many arguing that it could set a dangerous precedent The EU task force dealing with the issue of confiscating frozen Russian assets must be “innovative” in tackling the task, Swedish diplomat and head of the EU’s “freeze and seize task force”, Anders Ahnlid, told AFP on […]

  • Seizing Russian assets ‘challenging’ – head of EU task force

    Seizing Russian assets ‘challenging’ – head of EU task force

    Debates over the legality of asset expropriation continue, with many arguing that it could set a dangerous precedent The EU working group dealing with the issue of confiscation of frozen Russian assets will need “innovative“in connection with the task, Swedish diplomat and EU head”freeze and seize the task force“, Anders Ahnlid told AFP on Friday. […]

  • Biden’s recipe for the banking crisis

    Biden’s recipe for the banking crisis

    The party is over in Silicon Valley and in the space of a week three US banks have failed. Now the White House is working to save people’s savings and to avoid further bank collapses. What caused the banks to fail? And what tools does politics have to deal with the crisis? Ekonomiekot’s Pär Ivarsson […]

  • More money, more children – if you’re a man

    Men and women are affected differently by the size of their salary when it comes to having families. In a joint study by the universities of Oxford and Copenhagen, researchers found that men with higher wages are more likely to have more children. On the other hand, women with high wages are more likely to […]

  • The police suspect a 13-year-old of stabbing his classmate at a school in Helsinki

    The police suspect a 13-year-old of stabbing his classmate at a school in Helsinki

    Pupils at the school have been offered crisis support after the incident in home economics class on Wednesday morning.

  • EU nation sees bankruptcies rise – Bloomberg

    EU nation sees bankruptcies rise – Bloomberg

    The number of insolvencies in Sweden has increased as consumption declines, the outlet reports Bankruptcies in Sweden soared for a seventh straight month in February, amid falling household consumption and growing pressure on construction companies from an ongoing crisis in the housing market, Bloomberg reported this week. A sharp slump in Sweden’s real estate sector […]

  • Russia finds answer to IKEA’s exit media

    Russia finds answer to IKEA’s exit media

    The Swedish furniture manufacturer has closed stores and sold factories to local buyers Belarusian furniture maker Swed House plans to fill the void left by IKEA in the Russian market, the head of the Union of Shopping Centers Bulat Shakirov said on Monday, according to TASS. Under the terms of a cooperation agreement signed between […]

  • The EU nation sees the number of bankruptcies increasing in Bloomberg

    The EU nation sees the number of bankruptcies increasing in Bloomberg

    The number of insolvencies in Sweden has increased as consumption declines, the outlet reports Bankruptcies in Sweden soared for a seventh straight month in February, amid falling household consumption and growing pressure on construction companies from an ongoing crisis in the housing market, Bloomberg reported this week. A sharp slump in Sweden’s real estate sector […]

  • The Finnish economy is suffering from a technical recession and accelerating inflation

    The Finnish economy is suffering from a technical recession and accelerating inflation

    The financial consequences of the war in Ukraine have also affected the Finnish economy. From October to December 2022, the amount of Finnish exports decreased by 2.9 percent from the level of the previous quarter, while imports decreased by 2.4 percent. However, for the whole year, Finland’s economy grew by 2 percent compared to 2021. […]

  • Right now: Electric car developer Nevs notifies almost all staff

    Right now: Electric car developer Nevs notifies almost all staff

    The Trollhättan-based electric car developer Nevs notifies 300 of the company’s almost 350 employees of layoffs, according to information to Ttela. The announcement comes since the former CEO Stefan Tilk was last week replaced by HR manager Nina Selander. Listen to Ekot’s live broadcast with Janne Andersson, economics reporter at Ekot.

  • Russia approves sale of IKEA factories – officially

    Russia approves sale of IKEA factories – officially

    The facilities will be acquired by two local buyers, the deputy trade minister has said A Russian government commission has approved the sale of Swedish furniture maker IKEA’s factories in Russia to two local buyers, Deputy Industry and Trade Minister Viktor Jevtuhov told Izvestia newspaper on Thursday. The three factories will be acquired by Russian […]

  • Russia approves sale of IKEA factories official

    Russia approves sale of IKEA factories official

    The facilities will be acquired by two local buyers, the deputy trade minister has said A Russian government commission has approved the sale of Swedish furniture maker IKEA’s factories in Russia to two local buyers, Deputy Industry and Trade Minister Viktor Jevtuhov told Izvestia newspaper on Thursday. The three factories will be acquired by Russian […]

  • EU adds Russia to black tax havens

    EU adds Russia to black tax havens

    The bloc accused Moscow of failing to change a “harmful” benefit tax regime Russia has been added to the EU’s list of “non-cooperative jurisdictions for tax purposes“, The European council notified on Tuesday. The bloc has accused Moscow of maintaining harmful tax practices. According to a statement published on the council’s website, Russian legislation introduced […]

  • Tax credits for housekeeping services do not help much against tax evasion

    Tax credits for housekeeping services do not help much against tax evasion

    “A total of 55 percent of the respondents say that they would request an official invoice, even if it does not entitle them to tax relief,” says Ludwig Erhard ifo, head of the Center for Social Market Economics and Institutional Economics. Sarah Necker. “If policymakers want to use tax breaks to encourage consumers to request […]

  • Mortgage rates continue to rise – “ask for a discount or change banks”

    Mortgage rates continue to rise – “ask for a discount or change banks”

    Host:Caroline Salzinger Voices and participation in the programHenrik Braconier, Chief Economist, Financial Supervisory AuthorityChristina Sahlberg, savings economist, Compricer Claes Bäckman, researcher in National Economics, Aarhus University. Erik Thedéen, Governor of the Riksbank Carina Åkerström, CEO, HandelsbankenJens Henriksson, CEO, Swedbank Lotta Silver, Elisabeth Nordström and Annika Eriksson, mortgage customers Producer:Olof Wijnbladh Technician:Joar Jonsson [email protected]

  • Caroline Farberger – finally living as who she is

    Caroline Farberger – finally living as who she is

    She lived at a furious pace and reached the top echelons of business. Degree from both Chalmers and the Gothenburg School of Economics, course test at the cadet school and managerial career. But all the time there was a friction there inside her, ever since childhood. Something she didn’t want to admit, least of all […]

  • Heli Jantunen, Martti Koskenniemi and Merja Penttilä will receive the honorary title of Academician of Science

    Heli Jantunen, Martti Koskenniemi and Merja Penttilä will receive the honorary title of Academician of Science

    and research professor Merja Penttilä has expertise in biotechnology and synthetic biology. They are all respected scientists and researchers with pioneering experience in their respective fields of research. Their work has wide-ranging importance in different sectors of society and thus helps to solve global challenges. A maximum of 16 distinguished Finnish scientists can have the […]

  • Putin is losing patience – the war industry under pressure

    Putin is losing patience – the war industry under pressure

    The Russian Minister of Trade and Industry, Denis Manturov, presented a report that all was going well in Russian aircraft and helicopter manufacturing. Then the Russian president interrupted and said he had completely different tasks. In addition, hear lieutenant colonel Joakim Paasikivi and Russia correspondent Maria Persson Löfgren comment on the helicopter crash, where, among […]

  • 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 […]

  • A sharp decline in unemployment

    A sharp decline in unemployment

    Unemployment appears to have decreased faster than expected, according to the latest figures released by Landsbankinn’s Economic Department. The report (Hagsjá) was prepared on the basis of data from the Labor Office. According to these data, unemployment will remain at a low level. The latest macroeconomic forecast of the Department of Economics assumed that the […]

  • IKEA reduces operations in Russia Izvestia

    IKEA reduces operations in Russia Izvestia

    The furniture giant will sell its factories in the country, reports Izvestia The iconic Swedish furniture brand IKEA is closing down its business operations in Russia, the newspaper Izvestia reported on Wednesday, referring to its sources. According to the daily newspaper Moscow, the company informed its employees during a general meeting and will soon announce […]

  • Over the top?  Denmark will secure 22 million COVID-19 vaccines by 2022

    Over the top? Denmark will secure 22 million COVID-19 vaccines by 2022

    Waste of taxpayers’ money?So far in 2022, only about one million doses have been used in Denmark, far from the 22 million doses that are soon on the way. “The first thing that comes to my mind is that it is a bad business and a very unsatisfactory use of taxpayers’ funds,” says Jes Søgaard, […]

  • The Swedish Pensions Agency’s Daniel Barr: The pension group has served Sweden well

    The Swedish Pensions Agency’s Daniel Barr: The pension group has served Sweden well

    The Riksdag will soon make a decision on pensions and the Swedish Pensions Agency’s Director General Daniel Barr is strongly critical of the proposal from the government. The proposal, which is presented together with the Left Party and the Green Party, applies to guarantee supplements for the pensioners with the lowest income. According to Daniel […]

  • The Swedish Pensions Agency’s Daniel Barr: The pension group has served Sweden well

    The Swedish Pensions Agency’s Daniel Barr: The pension group has served Sweden well

    Pensions are expected to be a major issue in the autumn elections. At the same time, the Swedish Pensions Agency’s Director General Daniel Barr strongly criticizes the Government’s proposal for a guarantee supplement for the pensioners with the lowest income. According to Daniel Barr, the proposal, which is presented together with the Left Party and […]

  • Russia stops gas supplies to Finland

    Russia stops gas supplies to Finland

    The move comes after the state’s energy major failed to comply with Moscow’s demand for payment of the ruble Russia has stopped deliveries of natural gas to Finland after the state energy major Gasum failed to make the required payment in rubles to continue future deliveries, the Finnish gas network operator Gasgrid Finland said on […]

  • Russia stops supplying electricity to Finland

    Russia stops supplying electricity to Finland

    The suspension of power exports to the Nordic state comes after almost 10 days of non-payment The electricity supply from Russia to Finland was stopped on Saturday, RAO Nordic said in a statement and explained that it had not received any payment for electricity supplied to the country in May. “Unfortunately, we have to note […]

  • Report: The Finnish shipping market is functioning well

    Report: The Finnish shipping market is functioning well

    The ministry commissioned a report to get an overview of the shipping market. The report has mainly been prepared by the Maritime Business & Policy Research Group of the University of Turku School of Economics. Cost – effective transport services For Finland in particular, maritime transport is an important and necessary part of functioning foreign […]

  • The story of Putin’s stone-rich oligarchs

    The story of Putin’s stone-rich oligarchs

    After the Ukraine War, the United States and a number of other countries have imposed personal sanctions on Russian oligarchs and their family members. Photos of the oligarchs’ luxury yachts, private jets and palaces are published around the world, and demands are raised that their assets be confiscated. The oligarchs near Vladimir Putin Oligarchs who […]

  • Cilla Benkö – about temperament, choices and storms

    Cilla Benkö – about temperament, choices and storms

    In Swedish Radio’s Sunday interview, you meet the person behind the mask of the public in journalism’s most basic form – the interview. The host is Martin Wicklin. Producer: Ulrika Stenström. Contact: [email protected] About Cilla Benkö She has an acclaimed managerial career behind her and has been CEO of Swedish Radio for almost ten years. […]

  • HS: Imports of Russian crude oil to Finland may stop in July

    HS: Imports of Russian crude oil to Finland may stop in July

    Company reported earlier this month that it has received one of the last remaining oil cargoes from Russia in the port of Kilpilahti in Porvoo, where it operates Finland’s only crude oil refinery. It says about 85 percent of Russia’s crude oil has been replaced with other grades under existing supply contracts and technical capabilities. […]

  • Putin’s opposition from within

    Putin’s opposition from within

    Cast: Pavel ChupronovRussian opposition politician and activist seeking asylum in Sweden, people demonstrating against Putin and the war in Russia, living in the Russian city of Novozybkov, Michael RochlitzRussian expert and professor of economics at the University of Bremen, Roman Aninleading Russian digging journalist, Daria RudnevaRussian mathematician protesting against the war in Stockholm Host: Firas […]

  • Inflation must be tackled in a timely and determined manner:

    Inflation must be tackled in a timely and determined manner:

    Currently, rising energy and food prices are accelerating inflation. The ECB is under pressure to keep interest rates under control due to the stability of the fiscal and fiscal policies of some Member States. These targets may run counter to the objective of price stability, the report notes. “It’s risky to bet that this is […]

  • IKEA closes store in Russia

    IKEA closes store in Russia

    The furniture giant is also closing stores in Ukraine and stopping purchases in Belarus The iconic Swedish furniture brand IKEA closes all its stores in Russia and pauses all its purchases in Russia and Belarus when the war in Ukraine enters its second week. Stores in Kyiv were also closed on Thursday, according to the […]

  • Volvo’s trucks leave Russia

    Volvo’s trucks leave Russia

    The Swedish car manufacturer says that the measure is not a boycott of the country Swedish truck manufacturer AB Volvo has stopped all production and sales in Russia due to sanctions against Moscow’s military operation in Ukraine, the company announced on Monday. Press spokesman Klaas Eliasson told SVT that the company does not “have conditions […]

  • That is why Russia is attacking Ukraine now

    That is why Russia is attacking Ukraine now

    The radio correspondents change focus for a few weeks and become the Radio Correspondents-Russia. This is the fourth episode. Since Russia began gathering troops along Ukraine’s borders, the project has been about putting pressure on NATO, the United States and the European Union with military force. Vladimir Putin now seems to be aiming to take […]

  • Important message to the public in Malmö in Malmö municipality, Skåne county.

    Important message to the public in Malmö in Malmö municipality, Skåne county.

    Guest: Stefan IngvesGovernor of the Riksbank Comment: Kristian ÅströmEkot’s economics commentatorHost: Cecilia Strömberg WallinProducer: Maja LagercrantzTechnician: Behzad Mehrnoosh

  • Sebastian Siemiatkowski – about the billions, the abuse and the media coverage

    Sebastian Siemiatkowski – about the billions, the abuse and the media coverage

    In Swedish Radio’s Sunday interview, you meet the person behind the public mask in journalism’s most basic form – the interview. The host is Martin Wicklin. Producer: Hannah Engberg. Contact: [email protected] About Sebastian Siemiatkowski He became financially independent as a 30-year-old and today Klarna’s co-founder and CEO Sebastian Siemiatkowski, 40, is one of the country’s […]

  • Finland will double the number of foreign student visas and shorten the citizenship path

    Finland will double the number of foreign student visas and shorten the citizenship path

    Finnish MPs are voting on proposals to double the employment period of foreign students after graduation and make it easier for them to return to Finland. The Ministry of Economic Affairs and Labor confirmed that it would propose a series of changes that would most significantly allow students from abroad to stay for two years […]

  • Report: Finland needs work-based immigration in every sector

    Report: Finland needs work-based immigration in every sector

    According to a study commissioned by the Trade Union Confederation of Akava, an increase in labor migration would have a positive effect on the economy. The report provides alternative estimates of how different types and levels of immigration would affect a country’s GDP. "The message of this report is that labor migration is needed for […]

  • Three economists: This is how the Swedish economy will be after the pandemic

    Three economists: This is how the Swedish economy will be after the pandemic

    What will be the consequences of rising inflation? And does the division of roles between monetary policy and fiscal policy need to change? Listen to Laura Hartman, Chief Economist LO, Annika Winsth, Chief Economist Nordea and John Hassler, Professor of Economics at Stockholm University. Also in Saturday’s interview: Ekot’s financial commentator Kristian Åström.

  • Russian mercenaries disturb Sweden

    Russian mercenaries disturb Sweden

    Participants: Anders Löfberg, head of the Special Forces, Yvan Guichaoua, Sahelexpert, Etienne Du Peyroux, General of the Barkhan Force, Fabrice and Francois, Barkhane soldiers, Timbuktu and Bamako residents, Jelena Aparac, UN Rapporteur on Mercenaries, Ruslan Leviev, from the Russian digging network Conflict Intelligence Team, Irina Filatova, Professor at the Higher School of Economics in Moscow, […]

  • Björn Natthiko Lindeblad

    Björn Natthiko Lindeblad

    The world is as you are! – The moment at the hospital in Varberg was not the first time in 2018 that death tapped its gnarled finger on my shoulder, says Björn Natthiko Lindeblad in his Sommar. He is a graduate in economics who dropped out of a managerial career and gave away everything he […]

  • New year, new you?  “I do not think so,” says supermarket data

    New year, new you? “I do not think so,” says supermarket data

    “This year I want to eat healthier: more vegetables, less coffee … no sugar.” Does that sound familiar? Of course it does. If it’s not you, then it’s someone right next to you who makes the annual pledge to clean up their diet, starting with bright eyes and bushy tail on January 1st with a […]

  • IKEA raises prices by almost 10%

    IKEA raises prices by almost 10%

    Ongoing problems in the supply chain continue to disrupt the dealer’s operations The iconic Swedish furniture brand IKEA has announced plans to increase the prices of its historically budget-friendly goods by 9% as soon as next year, due to bottlenecks in the supply chain and rising material costs when the pandemic continues. The Swedish furniture […]

  • Private debt in Finland is growing

    Private debt in Finland is growing

    Understanding economics is not always easy unless you are familiar with the subject and familiar with the terms and jargon. So here are some basics on the subject of private debt. What is private debt? Researching a topic online may yield many results with complex explanations, but simply put, private debt means debt that an […]

  • Research: Infections are up to twice as common in 11-year-olds as in 12-year-olds in Finland

    Research: Infections are up to twice as common in 11-year-olds as in 12-year-olds in Finland

    “The surprising finding was that in recent weeks the number of infections has been significantly higher, even double that of 11-year-olds than 12-year-olds,” Mika Kortelainen, Professor of Health Economics at the University of Turku, comments To YLE on Thursday. Statistics show that infections in the two age groups increased and declined largely hand in hand […]

  • McKinsey acquires the Swedish sustainability consulting company Material Economics

    McKinsey acquires the Swedish sustainability consulting company Material Economics

    Join the Europe platform In its third sustainability-focused deal this year, McKinsey & Company has acquired Material Economics, a Swedish consulting company dedicated to sustainability and climate change. For the founder of Material Economics, Per-Anders Enkvist, and partners Per Klevnäs and Robert Westerdahl, the merger with McKinsey & Company is a homecoming. The trio are […]

  • Restrictions on unvaccinated people increase their desire to vaccinate: ifo Institute

    Restrictions on unvaccinated people increase their desire to vaccinate: ifo Institute

    “The 2G rule published in Austria on 5 November (an exception to the restrictions only for those who have been vaccinated or recovered) has led to an increase in the vaccination rate,” the press release said. Andreas Peichl, Director of the Ifon Center for Macroeconomics and Research and co-author of the study. He adds that […]

  • Tokyo apartments are available for rent for $ 1, but there is a catch

    Tokyo apartments are available for rent for $ 1, but there is a catch

    The iconic Swedish furniture brand Ikea has started renting small multi-storey apartments in the overcrowded Japanese capital Tokyo for less than a dollar a month. Home to about 14 million people, Tokyo has a very high demand for real estate, which Ikea decided to use to its own advantage. ikea.com A company with expertise in […]

  • Report: Low-income turnout fell in municipal elections

    Report: Low-income turnout fell in municipal elections

    Compared to the previous elections, the turnout in the 2021 municipal elections fell among voters with lower incomes and lower levels of education. new report Helsinki School of Economics. The report found that advance voting was more popular than usual, especially in areas with a high number of Covid cases. The 2021 elections were originally […]

  • Real estate prices continue to rise

    Real estate prices continue to rise

    From August to September, housing prices in the Capital District increased by an average of 1.2%. On the other hand, the prices of single-family houses increased by 1.3%. The weighted annual growth is now 16.4%, which is 0.2 percentage points more than in the previous month. – ADVERTISEMENT – According to newly released data from […]

  • Housing economists are pushing Lars Løkke’s tax plan to the ground

    Housing economists are pushing Lars Løkke’s tax plan to the ground

    – It is done in Sweden, and it is not something that the Swedish housing economists like. They want to take over the Danish system, he says. In his book “Out of the blue”, Lars Løkke Rasmussen outlines a model that is similar to the Swedish one, where the profit from the sale is taxed. […]

  • Increasingly higher rents

    Increasingly higher rents

    According to a recent monthly report from the Economics Department of the Housing and Infrastructure Agency, around ten percent of Icelandic tenants spend more than 70% of their total net income on rent, and around a quarter spend more than half of their income on it. – ADVERTISEMENT – Ólafur Sindri Helgason, a senior economist […]

  • Løkke’s tax proposal gets a cold shoulder

    Løkke’s tax proposal gets a cold shoulder

    – It is a populist proposal that has no place on earth at all, says commentator on Børsen Helle Ib. Løkke, who has founded the party Moderaterne, writes according to Politiken in his book “Out of the blue” that he wants a showdown with the “arbitrary tax-free gains on housing trade”. On the other hand, […]

  • Lorents Burman (S): “The establishment is unparalleled in Swedish history”

    Lorents Burman (S): “The establishment is unparalleled in Swedish history”

    The reason is the battery factory Northvolt which is being built in the municipality right now. But is the municipality able to deliver housing, schools and municipal services to everyone who needs them? Skellefteå Municipal Council Lorents Burman (S) is a guest in Ekot’s Saturday interview. Comment: Charlotta Mellander, Professor of Economics at Jönköping International […]

  • Dagbladet Børsen’s financial guardian angel

    Dagbladet Børsen’s financial guardian angel

    The newspaper manager, who has a degree in chemistry and a master’s degree in economics, was brought in as marketing manager at Forlaget Børsen in 1969. The stock exchange was then a slightly tainted publication and had just over 11,000 subscribers. Since then, Preben Schack advanced in 1978 to CEO of the publishing house and […]

  • Knowledge Center: The government’s general billions make a significant contribution

    – It is crucial, because you can not do anything in the housing market without there being money in it, he says. The New Construction Fund’s money comes from the tenants themselves. The money will, among other things, remedy some of the problems that have made it difficult to build more public housing in Copenhagen. […]

  • Three economists share the Nobel Prize in Economics 2021

    Three economists share the Nobel Prize in Economics 2021

    © Provided by Xinhua The Royal Swedish Academy of Sciences has decided to award the prize with one half to David Card, “for his empirical contribution to the work economy”, and the other half together to Joshua D. Angrist and Guido W. Imbens, “for their methodical contribution to the analysis of causation. “ STOCKHOLM, October […]

  • 2nd LD Writethru: Three economists share the 2021 Nobel Prize in Economics

    STOCKHOLM, October 11 (Xinhua) – Three economists have won the Nobel Prize in Economics 2021, or officially the Swedish Riksbank’s prize in economic science in memory of Alfred Nobel. The Royal Academy of Sciences said on Monday that it has decided to award the prize with one half to David Card, “for his empirical contribution […]

  • David Card, Joshua D Angrist and Guido W Imbens win the Nobel Prize in Economics 2021

    David Card, Joshua D Angrist and Guido W Imbens win the Nobel Prize in Economics 2021

    Stockholm [Sweden], October 11 (ANI): The Nobel Prize in Economics 2021 has been awarded one half to David Card and the other half together to Joshua D Angrist and Guido W Imbens, the award-winning organization announced on Monday. The Royal Swedish Academy of Sciences has decided to award the Swedish Riksbank’s prize in economic sciences […]

  • 1st LD: 3 economists share the 2021 Nobel Prize in Economics

    STOCKHOLM, October 11 (Xinhua) – The Royal Swedish Academy of Sciences has awarded the Nobel Prize in Economics to three American researchers. Officially known as the Sveriges Riksbank’s Prize in Economic Sciences in memory of Alfred Nobel, one half of the award went to David Card, “for his empirical contribution to the work economy”, and […]

  • More public housing for 8000 in large cities

    More public housing for 8000 in large cities

    She announced that the government will make it possible to build over 20,000 new public housing in the major Danish cities in the next 10 to 15 years. The new homes should typically be 80-90 square meters, and the rent should be around 8000 per month. The goal is for families with ordinary incomes to […]

  • Leasing company wants settlement of Volvo to the Supreme Court

    Leasing company wants settlement of Volvo to the Supreme Court

    The banker was out to pick up takeaway when he allegedly drove 103 kilometers per hour in a place where the maximum speed limit is 50. He does not own the car. He had borrowed it from his wife. Nor does she own the Volvo. She had been made available by her employer as a […]

  • The marriage economist reached the very top

    The marriage economist reached the very top

    Professor at the Department of Economics at Aarhus University Michael Svarer turns 50 on Saturday 2 October. He had actually decided to resign as chairman of the Economic Council, also called the supervisor, from 1 February 2020. Here, the task is to be a kind of fiscal watchdog for the government. After seven years as […]

  • The Bodil winner who renews himself

    The Bodil winner who renews himself

    In the same genre can be mentioned the time-typical, socially realistic TV series “John, Alice, Peter, Susanne and little Verner” from 1976 about a family who has difficulty adapting to the new life after moving from Nørrebro to a Copenhagen suburb . Hans Kristensen, who turns 80 on September 25, then changed genre and made […]

  • Young people want to invest: Get a handle on this first

    Young people want to invest: Get a handle on this first

    That combination has not gone unnoticed by the young people, Spar Nord informs. – We experience that the desire to invest not only applies to the adults, but increasingly is also reflected in the young. Several parents call with questions about just that, says investment consultant Karsten Brøndum Idskov. Both Spar Nord and Arbejdernes Landsbank […]

  • Prosecutors are talking about a top-down company in a record-breaking drug case

    Now, first, the prosecutors and then the defense attorneys must tell the court how they assess the vast amount of information that has been extracted from police reports of more than 60,000 pages. Senior plaintiff Annika Jensen talks about a top-down business. – In many ways it has many similarities with a normal company, where […]

  • Almost every second is against 11 weeks of earmarked maternity leave for father

    But if you want men to take more maternity leave, earmarking is the way forward, says Philip Rosenbaum, assistant professor at the Department of Economics at Copenhagen Business School (CBS). – All experience from other countries shows that the way we can get more fathers to take maternity leave is just about earmarking. Other initiatives […]

  • The female devil with the sharp pen turns 90

    The female devil with the sharp pen turns 90

    The bestseller was filmed with Meryl Streep and Roseanne Barr. It helped to draw feminist literature in the 1980s and beyond. This is despite the fact that Weldon, whose bold humor does not spare anyone, has regularly herself been on a collision course with leading feminist debaters because she insists on her own interpretations of […]

  • Corporate-level payroll tax cuts could alleviate unemployment during an economic downturn

    Corporate-level payroll tax cuts could alleviate unemployment during an economic downturn

    Wage payment tax cuts and recession in Finland The Finnish payroll tax system is similar to other countries in that it finances social insurance programs, such as old-age, unemployment, health insurance and other smaller programs. Both employers and employees are legally obliged to pay a certain proportion of payroll taxes to employers. In Finland, three […]

  • Economist sees no need for a housing intervention

    Economist sees no need for a housing intervention

    It was the high speed and rising prices that led the council to propose that the possibility of a grace period for highly indebted borrowers be limited. And now the deadline is approaching for the government. By Wednesday, it must either follow the recommendation or explain why it will not happen. So far, the government […]

  • Today we want to know the individual Viking

    Today we want to know the individual Viking

    Together, they are behind a comprehensive mapping of the trends of the past 10 years in Viking research. In the 500 articles that the two Viking researchers have gnawed through, they have found 10 trends in modern Viking research. – Over 10 years ago, the hottest thing you could find was a temple or a […]

  • Money Anxiety – Are You A Saving Or A Waste?

    Money Anxiety – Are You A Saving Or A Waste?

    – Financial illiteracy is based on the fact that you experience that you have difficulty paying your bills every month, that you lack basic knowledge, eg that you can not count, that you do not save and that you do not know what a fund is. That’s what Charlotta Bay, a teacher and researcher in […]

  • Hunting for status yields record prices on art

    Hunting for status yields record prices on art

    450.3 million dollars or just over 2.8 billion kroner was the final price. The value of special works of art has increased explosively in recent years, but why are some paintings worth more than others? There is an elite of about 650 people who are behind the dealers of the most expensive works of art. […]

  • Britta Nielsen’s three children will be acquitted of heeling

    Britta Nielsen’s three children will be acquitted of heeling

    On Monday, the appeal case begins in the Eastern High Court, where the children will be acquitted. They deny guilt. In the city court, the children explained that they believed the money, among other things, came from the inheritance that the father left at his death in 2005. However, that inheritance was only 290,000 kroner. […]

  • Kim Kardashian – Sextape, law and justice

    Kim Kardashian – Sextape, law and justice

    P3 ID about Kim Kardashian is about a woman who has perfected the art of being known for being known – and infamous. She has made several hundred episodes of reality television. Sold millions of products with his name. It has been said that she had broken the internet. Now she wants to change the […]

  • Long way to a normal hospital system

    Long way to a normal hospital system

    For the striking nurses have up to four weeks of summer vacation to benefit. And it must be settled before the new year, writes DR. According to DR, for example, the nurses at Aarhus University Hospital (AUH) have collected around 4,000 holiday days. According to the National Board of Health, due to the strike, there […]

  • Striking nurses have a lot of vacation in the bank

    On Friday, a legislative intervention is expected to end a ten-week nursing strike. But that does not mean that the health service is back at full strength already on Saturday. For the striking nurses have up to four weeks of summer vacation to benefit. And it must be settled before the new year, writes DR. […]

  • On Monday, the Prime Minister will give status to the corona in Denmark

    On Monday, the Prime Minister will give status to the corona in Denmark

    Prime Minister Mette Frederiksen (S) convenes a press conference on Monday, where she will give a status on the corona situation in Denmark. The press conference will take place at 2 pm in the Prime Minister’s Office, it appears from a notice convening the meeting. This is the first time since 24 February that a […]

  • The tight-lipped businessman had to open his mouth

    The tight-lipped businessman had to open his mouth

    On Sunday 15 August, former director and chairman of the board Alf Duch-Pedersen turns 75 years old. Most recently, Alf Duch-Pedersen was Chairman of the Board of Danske Bank and the Danish-British security group G4S. But previously he was, among other things, CEO of the insurance group Tryg-Baltica and later the food giant Danisco. Regarding […]

  • The UN chief appoints Sweden’s Grundberg as the UN’s special envoy for Yemen

    UNITED NATIONS, August 6 (Xinhua) – UN Secretary-General Antonio Guterres on Friday appointed Hans Grundberg from Sweden as the UN Special Envoy for Yemen, said Farhan Haq, Guterre’s Deputy Spokesman. Grundberg succeeds Martin Griffiths in the United Kingdom, who has been appointed UN Secretary-General for Humanitarian Affairs. Grundberg has served as the European Union’s ambassador […]

  • More young people stay at home with their parents

    A growing proportion of young people between the ages of 18 and 24 choose to stay with their parents, according to figures from Statistics Denmark. It writes Politiken. This is especially true in the metropolitan area. From 2011, the proportion of young people between the ages of 18 and 24 who stay at home has […]

  • He sat on the very heavy financial records

    He sat on the very heavy financial records

    On Wednesday 4 August, Hans E. Zeuthen turns 85 years old. So it is a man with a solid professional ballast. To that extent, he has been listened to when he has spoken. Thus, in 1992, he was described as an “economic Holger Danske”, perhaps with reference to his large full beard, when he was […]

  • A career in the spirit of sustainability

    A career in the spirit of sustainability

    Sustainability and responsible business today are no longer just a trend or a wave in motion. It is a condition cast in cement that a leader must relate to, she said last year in an interview with the online media lederstof.dk. Lise Kingo left Novo Nordisk in connection with a management reshuffle in 2014 – […]

  • Voters had climate at the top in elections in 2019

    Voters had climate at the top in elections in 2019

    – In the spring of 2019, we experienced an explosively growing climate agenda that we have never seen before. – It came as a surprise to many of the parties. But slowly the agenda exploded, says professor and election researcher Kasper Møller Hansen from the University of Copenhagen. He is one of the authors of […]

  • Lack of hands is putting pressure on the emergency services in several places in the country

    This is the assessment of professor of health economics Jakob Kjellberg from Vive – The National Research and Analysis Center for Welfare. – The doctor’s shift is a kind of temporary arrangement, where you as a general practitioner cover for each other in the evening hours and at the weekend. – But it is difficult […]

  • He made Fogh sweat

    He made Fogh sweat

    Journalist and editor-in-chief Martin Krasnik can look back on many significant interviews when he turns 50 on Tuesday 22 June. Martin Krasnik was born in Copenhagen in 1971 and grew up there and in Israel. He is a graduate of cand.scient.pol. from the University of Copenhagen with studies at Hebrew University and the London School […]

  • Nurses’ strike could trigger new hump of postponed surgeries

    – Health care is almost back to normal. There we must expect a new hump to grow up in these areas, says professor of health economics Jakob Kjellberg from Vive – The National Research and Analysis Center for Welfare. It is the non-acute, planned surgeries and treatments that are postponed. For example, bridge surgeries and […]

  • 75 years and maybe a new trip to the White House

    75 years and maybe a new trip to the White House

    Not many others think so. Neither do the courts. But there are millions of voters who believe the former president when he says “the election was stolen”. This includes the Trump supporters who stormed Congress in Washington DC on January 6th So Trump still has support, and he also seems to have rallied his party, […]

  • Health clusters must close Bermuda Triangle

    Health clusters must close Bermuda Triangle

    For the lucky ones who have close relatives, it will be those who have to act as messengers between the hospital, their own doctor and the municipality. The Bermuda Triangle is called among health experts when patients are thus lost between the different sectors. With 21 new health clusters located around the country’s emergency hospitals, […]

  • The increase in rent affects inflation

    The increase in rent affects inflation

    The consumer price index (CPI) in May is 0.42% higher than in the previous month. The CPI, excluding housing costs, has increased by 0.23% since April this year. Over the last twelve months, the CPI index increased by 4.4%, and 4.0% excluding the cost of housing. This is a slight decrease in inflation, which amounted […]

  • New reforms must ensure Denmark’s welfare

    New reforms must ensure Denmark’s welfare

    The interim report is entitled “Recognized, attempted resolved, unsolved”, indicating that a number of reforms have already been attempted without success. Later this year and next year, there will be more reports to come up with solutions and proposals for so-called second-generation reforms. – We have no course directly towards the rocks, says the chairman […]

  • Commission will speed up reforms to maintain welfare

    More reforms are needed if Denmark is to succeed in the future in maintaining the high level of welfare that characterizes our society. That is one of the conclusions of an interim report from the Reform Commission, which will be presented on Thursday. – We are not in a panic situation, not at all, says […]

  • The Central Bank is raising the interest rate

    The Central Bank is raising the interest rate

    The Monetary Policy Committee of the Central Bank of Iceland decided to raise the bank’s interest rate by 0.25 percentage points. The main interest rate of the bank, i.e. the interest on seven-day term deposits, will therefore be 1 percent. There have been some tensions over the bank’s interest rate decision. Consequently, the Department of […]

  • Inflation and rising interest rates

    Inflation and rising interest rates

    According to Landsbankinn’s economic forecast for 2021-2023, inflation will peak in the second quarter of 2021 and be well above the target for the remainder of this year, but will hit this target in the middle of next year. Inflation is expected to average 4% this year, 2.5% next year and 2.6% in 2023. The […]