NEWS

Press Release: Norway increases defence spending to strengthen its capability and readiness

Category: Business News

Press release | Date: 17/04/2020 Today the Norwegian government presented the new Long Term Plan for the Norwegian Armed Forces. A continued increase in defence spending will strengthen the readiness and endurance of the Norwegian Armed Forces and reduce operational gaps. – A challenging strategic environment constantly reminds us that our freedom and security can not […]

Source: Regjeringen.no

Forbes: Norway Relaxes Coronavirus Restrictions, But Event Ban Continues

Category: Business News

The Norwegian Prime Minister Erna Solberg has announced that several of the country’s emergency measures will be relaxed after Easter. Kindergartens will open again from April 20, while schools for the youngest age groups will open one week later. The reopening of schools for older children will be assessed. Some businesses forced to close because […]

Source: Forbes

Published: April 7, 2020

Bloomberg: Norway May Join Oil Output Cuts for First Time Since 2002

Category: Business News

Norway, the biggest oil producer in western Europe, said it would consider cutting its output if there was a broad international agreement to curb supply. The Nordic nation, whose oil output is set to grow over the next few years, hasn’t been a part of coordinated international cuts to support prices since 2002. OPEC and other producing […]

Source: Bloomberg

Published: April 4, 2020

The White House: Proclamation—Suspension of Entry as Immigrants and Nonimmigrants of Certain Additional Persons Who Pose a Risk of Transmitting 2019 Novel Coronavirus

Category: Business News

On January 31, 2020, I issued Proclamation 9984 (Suspension of Entry as Immigrants and Nonimmigrants of Persons Who Pose a Risk of Transmitting 2019 Novel Coronavirus and Other Appropriate Measures To Address This Risk).  I found that the potential for widespread transmission of a novel (new) coronavirus (which has since been renamed “SARS-CoV-2” and causes the disease […]

Source: The White House

Published: December 3, 2020

Reuters: Norway’s PM to appoint lawmaker Bru as oil minister

Category: Business News

OSLO (Reuters) – Norwegian Prime Minister Erna Solberg will appoint Conservative lawmaker Tina Bru as oil and energy minister, business daily Dagens Naeringsliv and public broadcaster NRK reported on Thursday, citing unnamed sources. The office of the prime minister declined to comment. Bru was not available for immediate comment. If confirmed, 33-year-old Bru will oversee […]

Source: Reuters