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| Nigeria: Govt Imports N109 Billion Fish From Norway Annually |
| [Norwaynews] [03.02.2012, 01:38pm, Fri. GMT] |
| Nigeria imports fish worth about N109.2 billion ($700 million) annually from Norway, the Norwegian Ambassador to Nigeria, Kjell Lillerud has said. He said this yesterday in Abuja when he visited the Minister of state for Trade and Investment, Dr Samuel Ortom.Lillerud said that though he does not have the tonnage of fish that gets to Nigeria, there are three categories with stock fish taking the lead. |
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Economics
| Norway’s Registered Unemployment Declines From Year Earlier |
| [Norwaynews] [03.02.2012, 07:58pm, Fri. GMT] |
| Norway’s registered jobless rate fell from a year earlier as companies sought more workers and the oil-rich nation escapes the worst of Europe’s debt crisis. Norway’s registered unemployment rate fell to 2.8 percent in January from 3.1 percent a year earlier, the Oslo-based Labor and Welfare Organization said today. The figure was in line with the median estimate of 13 analysts surveyed by Bloomberg. |
 | | | | Telenor mobile licences in India cancelled |
| [Norwaynews] [03.02.2012, 01:46pm, Fri. GMT] |
The Indian Supreme Court has cancelled 122 cellular phone licences granted by the Government of India in 2008, including 22 licences to Uninor, a daughter of Norway's Telenor. The revoking is effective 4 months from yesterday, Thursday. The Supreme Court delivered its judgment on a public interest petition. It was alleged that the grant of licences in 2008 had been made at too low a price. |
 | | | | CargoNet to launch new intermodal shuttle in Norway |
| [Norwaynews] [03.02.2012, 01:36pm, Fri. GMT] |
| Freight operator CargoNet is to launch a shuttle service to transport containers and semi-trailers between Kristiansand and the recently-opened Ganddal terminal near Stavanger (both Norway) on 17 April. The train will initially operate on Tuesdays and Thursdays. The service will augment the existing shuttle services connecting both port cities with Oslo. |
 | | | | Norway Offers Gas to Ukraine |
| [Norwaynews] [27.01.2012, 10:46am, Fri. GMT] |
| Norway is considering supplying natural gas to Ukraine as an alternative to Russian natural gas supplies, a Norwegian Ministry of Petroleum and Energy expert said on Thursday. “If our potential partners from Ukraine turn to us for immediate aid, we’ll no doubt render it. Export prices of gas transported form Norway will be calculated on maximally privileged terms for Kiev,” Ingmar Sundstrom said in an interview with the Ukrainian news agency GolosUA. |
 | | | | Indian diplomat in Norway asked to ensure release of children |
| [Norway] [24.01.2012, 02:14pm, Tue. GMT] |
External Affairs Minister S M Krishna today instructed Indian Ambassador to Norway R K Tyagi to speak to Norwegian Foreign Ministry to ensure the release of two children, who were separated from an NRI couple by the Norwegian Childcare Services. The Minister is also likely to speak to his Norwegian counterpart Jonas Gahr Store tomorrow demanding the release of the two children, official sources said. |
 | | | | Unemployed Europeans End Up on Streets in Norway |
| [Norwaynews] [23.01.2012, 08:25am, Mon. GMT] |
| A growing number of unemployed Europeans come to Norway to find a job. But, they end up without jobs and have to live on streets. According to NTB, Tax Administration reported that there is a 33% increase in the number of Spanish citizens entering in Norway to work. The number of Greeks who are applying for tax card to work also increased by 82 percent from the year before. Italians have also increasingly flowed in Norway. But not everyone gets a chance to use their tax cards. Many are generally unemployed for several months. |
 | | | | Norway authorities take away Indian couple's kids, say feeding with hands wrong |
| [Norwaynews] [17.01.2012, 12:59pm, Tue. GMT] |
| Anurup and Sagarika Bhattacharya - an Indian couple from Kolkata are living a nightmare in Norway. Their children - a three-year-old son and one-year-old daughter - were taken away from them by Norway's child protective services and placed in foster care eight months ago. The drastic measure was taken because, according to the child protective services, the couple were not bringing the children up properly. What did they do wrong? They fed the children with their hands and the infants slept in the same bed as the parents. |
 | | | | The EEA and Norway Grants: Strengthening contact between the north and south of Cyprus |
| [Norway] [13.12.2011, 07:26pm, Tue. GMT] |
Through the EEA and Norway Grants, Norway is helping to facilitate dialogue between the two communities on the divided island of Cyprus. A large proportion of the funds provided in the period up to 2014 are earmarked for civil society support. The Memorandum of Understanding was signed in Nicosia this afternoon. “The physical division of the island is hardly conducive to fostering dialogue and understanding between the two communities. Through the EEA and Norway Grants, Norway will continue efforts to forge contacts between north and south at grass-roots level. |
 | | | | Joint press release from Eksportfinans’ four largest shareholders |
| [Norway] [30.11.2011, 07:53pm, Wed. GMT] |
The largest owners of Eksportfinans ASA aim to wind down the company in an orderly manner in order to preserve the interests of all stakeholders. In our capacity as shareholders, we presently view the company’s financial status, liquidity position and capitalization as adequate to achieve this. With reference to Moody’s downgrading of the rating in Eksportfinans ASA from Aa3 to Ba1 today, the largest owners of the company will have the interests of all stakeholders in focus, alongside own interests as shareholders.
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 | | | | Historic agreement to ban discards |
| [Norway] [30.11.2011, 07:45pm, Wed. GMT] |
| The ministers of fisheries in Norway, Sweden and Denmark have today in Stockholm signed a joint declaration forbidding discards of fish in the waters of Skagerrak. “A ban on discards in Skagerrak marks a milestone in our efforts to ensure sustainable management of our joint marine resources,” says Norway’s Minister of Fisheries and Coastal Affairs Lisbeth Berg-Hansen. |
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| India, Norway to cooperate in renewable energy |
| [Norwaynews] [03.02.2012, 07:51pm, Fri. GMT] |
India and Norway are looking to enhance cooperation in the field of renewable energy. India is taking active interest in setting up the proposed fund in collaboration with DFID, UK and Norway for promoting off-grid solutions in the field of renewable energy. Recently, Norwegian minister for environment and international cooperation, Erik Solheim had a meeting with Indian renewable energy minister, Dr. Farooq Abdullah to discuss areas of cooperation for both the countries.
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 | | | | French firm to invest USD 4.2 bn in Norway |
| [Norwaynews] [03.02.2012, 01:37pm, Fri. GMT] |
| French giant energy producer Total said Thursday it is investing USD 4.2 billion for the development of a new oil field located in the North Sea off Norwegian coast. "Total, operator of the Hild license, launches the development of this field located in the Norwegian North Sea ... and (the license) is subject to the approval of the Norwegian Ministry of Petroleum and Energy and Norwegian Parliament (Storting)," the French group said. |
 | | | | Norwegian Air to move in on Asia, predicts more pain |
| [Norway] [01.02.2012, 01:43pm, Wed. GMT] |
| Fresh from placing one of Europe's biggest ever aircraft orders, Norwegian Air Shuttle (NWC.OL) chief Bjoern Kjos predicted more airline collapses in Europe this year and said the airline stood ready to plug the gaps, while setting its sights on Asia. Norwegian last week ordered $21.5 billion (13.5 billion pound) worth of new planes at list prices and Kjos said he saw the airline expanding into Asia with the creation of new bases there. |
 | | | | Norwegian inks firm orders and MoU for 222 narrow bodies |
| [Norwaynews] [25.01.2012, 09:12am, Wed. GMT] |
| Low cost carrier Norwegian has unveiled plans to purchase 222 new aircraft: it has placed a firm order for 100 Boeing 737 Max and 22 737-800s and signed an MoU with Airbus for 100 A320neos. The deal is worth Norwegian kroner 127 billion ($22 billion), the carrier said in a statement. The deal includes purchase rights for an additional 100 737 Max and 50 A320neos. |
 | | | | Norway: Average municipal services bill: €1,448 a year |
| [Norway] [24.01.2012, 02:12pm, Tue. GMT] |
| NORWAY HAS three levels of government; national, regional and local level (municipal). The municipalities administer domestic services such as water, sewage treatment, bin collections, recycling services and chimney sweeping/inspection services. In 2011, the average household paid 11,103 Norwegian krone (€1,448) for yearly municipal services. |
 | | | | Non-EU Norway 'almost as integrated in union as UK' |
| [Norway] [17.01.2012, 04:42pm, Tue. GMT] |
| Norway has seen "extensive Europeanisation" in the past 20 years despite being outside the EU, a government-commissioned report says. In an analysis of Oslo's membership of the European Economic Area (EEA) the report says it is "an illusion" to consider Norway as outside the EU. "We are almost as deeply integrated as the UK," says report committee chairman Prof Fredrik Sejersted. |
 | | | | Increased car sales |
| [Norwaynews] [04.01.2012, 07:23pm, Wed. GMT] |
| The sale of new private cars in Norway in 2011 was the fourth highest for one year ever, and rose by 8.3 per cent, compared to the year before. The sale of vans and pickup trucks rose by 22.3 per cent in the same period, according to fresh figures from the Information Council for Road Traffic in Norway (OFV). The sale of private cars in December alone rose by 14 per cent compared to December 2010. |
 | | | | Norway Ready To Increase IMF Contribution |
| [Norwaynews] [10.12.2011, 05:32pm, Sat. GMT] |
Norway is ready to increase its contribution to the International Monetary Fund, Prime Minister Jens Stoltenberg said in an interview Saturday, after leaders from the European Union agreed to raise up to €200 billion (268 billion) for the IMF that could be lent to the region's heavily indebted governments. "We are open for increasing our support for the IMF," Stoltenberg told Dow Jones Newswires and The Wall Street Journal during a visit here.
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 | | | | Risk of corruption in Norway to be explored |
| [Norway] [30.11.2011, 07:47pm, Wed. GMT] |
| Norwegian minister Rigmor Aasrud wants to get more knowledge about how the country’s public administration is handling the risk of corruption. The Ministry of government administration, reform and church affairs is appropriating means for an investigative study by Transparency International on the risk of corruption in Norway. |
 | | | | The Ministry of Finance’s advisory panel on macroeconomic models and methods |
| [Norway] [30.11.2011, 07:43pm, Wed. GMT] |
| The Ministry of Finance’s advisory panel on macroeconomic models and methods was established in May 2011. The panel shall advise on topics relevant to the Ministry’s work on macroeconomic issues. The advisory panel holds regular meetings, and minutes are published on the Ministry’s web site. The panel shall also arrange open seminars on topics related to economic models and methods relevant to the Ministry’s work. |
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Special Interest
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