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FAA lifts ban on Boeing 737 Max after crashes in 2018 and 2019 grounded the jet
Category: Airline / Travel
The Federal Aviation Administration lifted its ban on the Boeing 737 Max on Wednesday, 20 months after the aircraft was grounded following two crashes within five months that killed 346 people. The action means the FAA is satisfied that software and other fixes, and new pilot training, make the plane safe to fly again.
Source: The Washington Post
Published: November 26, 2024
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WSJ: Finland and Norway Avoid Covid-19 Lockdowns but Keep the Virus At Bay
Category: Business News
Tight controls on travel and borders—and political consensus—helped the Nordic nations fight the pandemic.
Source: The Wall Street Journal
Published: November 26, 2024
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Norwegian Air may not survive the pandemic
Category: Airline / Travel
The coronavirus pandemic and travel restrictions have forced Norwegian Air to ground the vast majority of its fleet, and furlough almost all of its workers. The heavily indebted carrier’s stock has collapsed, and its cash reserves are nearly exhausted.
Source: CNN
Published: October 11, 2020
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Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says
Category: Accounting / Financial
Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack.
Source: Cointelegraph
Published: June 11, 2020
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Reuters: Norway’s third-quarter GDP rebounds from recession
Category: Accounting / Financial
OSLO, Nov 17 (Reuters) – Norway’s gross domestic product (GDP) grew strongly in the third quarter, rebounding from a deep recession caused by the novel coronavirus pandemic, data from the national statistics office (SSB) showed on Tuesday. The mainland economy, which excludes oil and gas production, expanded by 5.2% in the July-September period from the […]
Source: Reuters
Published: November 26, 2024
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