NEWS

Accounting / Financial

Peterson Institute: Report on the Norwegian Economy

Business

Category: Accounting / Financial

Can a country save too much money? Many countries have squandered their natural resource endowments. The International Monetary Fund and the World Bank routinely hector developing economies to save and invest more of their revenues from resources such as oil and gold for the benefit of future generations after the resources run out. But, can […]

Source: Peterson Institute


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IRS Announces End To Offshore Voluntary Disclosure Program

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Category: Accounting / Financial

The Internal Revenue Service (IRS) has announced that Offshore Voluntary Disclosure Program (OVDP) is coming to a close. The program, which has been around in its current form since 2014, will officially end on September 28, 2018. That gives taxpayers a little over six months to come forward with previously undisclosed foreign financial assets. “Taxpayers have had […]

Source: Forbes


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Working group on a central credit register in Norway

Business

Category: Accounting / Financial

Today, the Ministry of Finance has appointed a working group to assess whether a central credit register should be established in Norway, as prescribed by a regulation from the ECB on the collection of granular credit and credit risk data. The working group consists of participants from the Ministry, Norges Bank, Finanstilsynet (the financial supervisory […]

Source: Regjeringen


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Stanford launches new energy research program in collaboration with industry

Business

Category: Accounting / Financial

Stanford University is launching a new research program to accelerate the transformation of the world’s energy infrastructure to make it more sustainable, affordable and secure – and to extend modern energy services to developing economies. The Stanford Strategic Energy Alliance will match industry alliance members and Stanford professors who share common research objectives across the […]

Source: Stanford


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Silicon maker Elkem plans Oslo IPO as Chinese owner cuts stake

Business

Category: Accounting / Financial

Norway’s Elkem, a producer of silicon for solar panels and a supplier to steel makers and chemical firms, plans to raise some 5 billion Norwegian crowns ($640.16 million) in an initial public offering, it said on Monday. The company’s current owner, China National Bluestar, will reduce its stake while remaining a long-term majority shareholder following […]

Source: CNBC


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