Tag: OECD
Denmark vulnerable to foreign bribery – report
The OECD has published a report strongly criticizing Denmark’s approach to combating bribery involving foreign companies or individuals, along with several recommendations (see factbox) to improve the situation. The report, published by the OECD’s working group on bribery, said Denmark places “insufficient priority on preventing, detecting and sanctioning foreign bribery” and must urgently step up […]
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 […]
The conflict between Russia and Ukraine is putting Europe’s societies to the test
© Provided by Xinhua The economic, geopolitical and social consequences of all these developments have been profound – something the continent has not seen for decades. The calls for peace and stability grow stronger every day. by Xinhua writers Fu Yiming, Chen Chen, He Miao STOCKHOLM, Dec. 26 (Xinhua) — In 2022, the protracted conflict […]
Yearender: The Russia-Ukraine conflict is testing Europe’s societies
by Xinhua writers Fu Yiming, Chen Chen, He Miao STOCKHOLM, Dec. 26 (Xinhua) — In 2022, the protracted conflict between Russia and Ukraine, the series of problems caused by the North Atlantic Treaty Organization (NATO) expansion and the energy crisis have all caused serious headaches everywhere. Europe. Adding fuel to the fire were the West’s […]
The collapse of Finland’s carbon sinks is a national emergency, an expert tells YLE
“This is an outright national emergency” Jyri SeppäläProfessor of Luke, stated For YLE on Wednesday. He estimates that compensating the erosion of carbon sinks will cost the country between two and seven billion euros. Estimating the final price is challenging because it depends on the availability and pricing of moving units; the units currently pay […]
Finland must urgently step up its efforts to enforce the crime of foreign bribery, for example by addressing concerns about the definition of the crime: OECD
No foreign bribery case has been detected, investigated or prosecuted since the country’s law was passed. Phase 4 Assessment Report In 2017. As noted in the Phase 4 report, acquittals in foreign bribery cases between 2013 and 2016 may have discouraged law enforcement and prosecutors from continuing to take all necessary steps to detect, investigate […]
The OECD urges Finland to promote innovation and secure public finances
Finland should improve the recognition of foreigners’ knowledge and skills and provide more effectively the training they need to get a job, the organization suggests.
Business Round-Up: International students contribute far more than they take, study claims
Denmark benefits financially from foreign students, shows a major analysis carried out by Damvad Analytics on behalf of the Swedish Engineers’ Association. Together, they contributed DKK 26.7 billion to the nation’s coffers between 2007 and 2020, with technical and natural science courses, such as engineering, accounting for DKK 12 billion. Over the same 13-year period, […]
America’s bravado hides a deeply damaged democracy
America is a nation in decline and exceptionalism has blinded us to a dangerous allegiance, writes Bilal Cleland. What is democracy? Abraham Lincolnin Gettysburg AddressNovember 19, 1863, gave one of the most frequently quoted statements about democracy. He described it as “government of the people, by the people, for the people”. It was a state […]
Things to consider when buying a home in Denmark
Denmark is a good place to live, and if you are considering buying a home there in cash or through a loan using https://www.mybanker.dk/, you’re not alone. In fact, more and more people choose to buy a home in Denmark every year, thanks to the country’s great quality of life and its many attractive features. […]
Finland’s landscape is not as strong as we think, the expert tells HS
Mari K. NiemiE2 The director of the study stated that the need for improvement can be seen from the fact that many respondents to the non-profit research organization’s surveys believe that education and experience acquired abroad is underestimated in Finland. “There was no difference in the responses of highly educated international skilled workers living in […]
The decline in the level of education in Finland is causing concern among legislators
The percentage leaves the country between Turkey and Chile. Many Finnish decision-makers have estimated that the problem should be tackled by increasing the number of students admitted to higher education institutions. Helsingin Sanomat on Monday reported that legislators across party lines believe that the problems lie deeper in the education system, all the way down […]
The Finnish higher education level falls below the OECD average
The proportion of people with a university degree has risen slightly in Finland since the turn of the 2000s, but not as strongly as in other industrialized countries, according to OCED data.
Basic Finns announced a security policy plan that calls for an end to dual citizenship
The opposition Basic Finns announced its new foreign and security policy program on Tuesday. According to it, the biggest threats to the security of the West are the anti-democratic governments of China and Russia and large-scale immigration from African and Islamic countries. The Basic Finns is currently the largest opposition party in the parliament with […]
Denmark among the world’s richest nations, but high tax rates limit it to #10
Denmark is the tenth best country in the world for acquiring wealth, according to a comparison made by Tipalti. It assessed working environments and benefits in nearly 40 countries, mainly in the OECD, taking into account average annual working hours, average annual wages, tax rates and average pension assets. Top drawer for working hoursDenmark was […]
Analyzes of the relationship between human mobility and the spread of SARS-CoV-2 revealed three groups of countries
“A pandemic has begun for more than two years that has changed the lives of many of us. Current developments in the spread of SARS-CoV-2 suggest that this chapter in history, called COVID-19, may hopefully fade to an end. However, much remains to be learned. Reflecting on our response to the pandemic could help us […]
EU approval of minimum corporate tax blocked by Hungary
BRUSSELS, Belgium: Hungary has blocked a global agreement to introduce a minimum corporate tax rate previously proposed by the Organization for Economic Co-operation and Development (OECD). Budapest’s move to oppose the proposal, which is supported by more than 100 countries, could potentially force EU finance ministers to postpone a vote scheduled to be included in […]
APN podcast: Being self-employed is the only option
The share of foreign entrepreneurs in the capital is growing. Helsinki’s startup center NewCo said that more than 42 percent of its customers had a foreign background last year, compared to 36 percent in 2018. "I don’t want to generalize, but based on my experience and community, I feel it’s purely due to a lack […]
Ukraine’s Interior Minister says Kyiv is in no danger but prepared
Ukraine’s Interior Minister Denys Monastyrsky has said that even though there is no imminent risk of Russians marching on Kyiv, the capital would not let its guard down. Earlier, the supreme court of the Russian-backed Donetsk People’s Republic (DPR) sentenced to death two British and one Moroccan captured while fighting for Ukraine. Read about the […]
Harmful companies exposed to set up tax avoidance systems as a “service” have been uncovered
The founders of the channel companies have been both Finnish and foreign citizens. We have a number of audit cases pending that are likely to result in additional taxes being charged to authors, says Katja PussilaRisk Manager for the Tax Administration. Transactions have been uncovered in which shares in companies of about 700 million units […]
Few Ukrainians find jobs in Finland
Getting a job in Finland has not been easy for recent Ukrainians. Olga SilfverA volunteer from the Finnish Union of Ukraine told STT that a few hundred Ukrainians who had fled their country due to the Russian invasion had found employment after arriving in the country. It is unclear how many newly arrived Ukrainians work, […]
Russia is accused of food theft when the G7 tries to unlock Ukraine’s ports
Russia is accused of large-scale grain theft when top diplomats from the group of seven rich nations gather in northern Germany for three days of talks on Ukraine’s global impact on food and energy prices. “This is a particularly disgusting form of war led by Russia,” German Agriculture Minister Cem Oezdemir said on Friday at […]
Ukrainians can apply for jobs in Finland, but can they find them?
After Russia’s deadly invasion of Ukraine, tens of thousands of Ukrainians are expected to seek refuge in Finland, most of them seeking work. Julia Shevchenko is one of them. He arrived in Helsinki with his five-year-old son a month ago, while his ex-wife, mother-in-law and grandfather remained in their home country of Kiev to help […]
Finnish startup community: Four percent of GDP for research and development
In the economic environment overshadowed by the COVID19 pandemic and the war in Ukraine, the Finnish government’s decision to invest in research and development (R&D) also brings confidence in the future among startup entrepreneurs. “This was also the case during the recession of the 1990s, when we were able to gather the results of the […]
Wednesday’s newspapers: NATO or not, Covid still deadly, Finland’s aging population
The country’s largest daily circulation, Helsingin Sanomat writes Most signs now point in the direction that Finland is likely to apply for NATO membership this year. One of the signs mentioned by the magazine is the rapid change in the attitudes of the nation’s citizens. For the first time in Finland’s history, the majority of […]
China’s balance between the West and Russia
Host: Anders Jelmin Participants and voices in the program:Björn Djurberg, China correspondentPär Ivarsson, Head of FinanceMargareta Svensson, financial reporterLaurence Boone, OECD Chief Economist
Denmark the safest country in the world – survey
Denmark is the ‘safest country in the world’ to live in and move to, a new study shows. The study, from expat insurance provider William Russelllooked at factors including health care, infrastructure, personal security, digital security and environmental security. Low crime and high health care costs Denmark reached the top position with its low crime […]
EVA: The proportion of women in management positions is the highest ever in Finland
Emilia KullasThe head of the EVA pointed out that the minimum requirement for gender representation in the Equality Act is 40%. A gender representation of 40-60% can be interpreted as an indication that gender equality is also achieved in terms of promotion. Finland still lags behind Latvia (46.2%), Sweden (43.1%), Bulgaria (42.4%), the United States […]
EVA: More female bosses than ever before
The proportion of women in the heads of companies, agencies and NGOs has risen higher than ever before, according to the EVA incubator, which is supported by companies. The “glass ceiling index” of think tanks suggests that in 2020, about 37.5 percent of Finnish leaders were women. That is 36.8 percent more than the previous […]
Mette’s wage threshold for foreign labor reconsidered: Government is open to action to address labor shortages
The Economist recently ranked Denmark’s economic performance in 2021 as the best out of 23 wealthy OECD countries, but its overall growth of 3.8 percent could have been even better if the government had made it easier for companies to recruit workers from countries without for the EU, claims e.g. Danish Industry and Danish Business. […]
