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Government

Norway Raises Wealth Tax, Scraps EV Sales Tax Exemption

Category: Business News

Norway’s coalition government is raising the wealth tax and cutting a sales tax exemption on electric vehicles as it seeks to stem spending from its wealth fund and prevent the economy from overheating. The government proposes raising the wealth tax rate for joint stock companies, mutual funds and banks to 0.25% from 0.15% from the […]

Source: Bloomberg


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How Oslo Learned to Fight Climate Change

Category: Business News

In September of 2019, roughly a dozen workers in Oslo, Norway, broke ground on the world’s first zero-emission construction site. They were widening a busy street into a pedestrian zone, using powerful machinery to break and lift slabs of asphalt. But the equipment was so quiet that nearby cafés and restaurants kept their front doors […]

Source: The New Yorker


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Senate confirms Jackson as first Black woman on Supreme Court

Category: Business News

The Senate voted Thursday to confirm Judge Ketanji Brown Jackson to the Supreme Court, felling one of the most significant remaining racial barriers in American government and sending the first Democratic nominee to the high court in 12 years. Jackson, a daughter of schoolteachers who has risen steadily through America’s elite legal ranks, will become […]

Source: The Washington Post


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Statement of Marc Nathanson, Nominee to be U.S. Ambassador to the Kingdom of Norway

Category: Business News

From the United States Senate Committee on Foreign Relations, read the full statement of Marc Nathanson, Nominee of U.S. Ambassador to the Kingdom of Norway. Read testimony here.

Source: United States Senate Committee on Foreign Relations


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Strengthening climate risk efforts in the Government Pension Fund Global

Category: Business News

The Government will strengthen the efforts on climate risk in the Government Pension Fund Global (GPFG). The changes proposed in the white paper The Government Pension Fund 2022 are largely in line with the recommendations in the expert report Climate Risk and the Government Pension Fund Global. Read full article.

Source: Regjeringen


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