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Politics

US Secretary of Commerce and EU Commissioner on the EU-U.S. Privacy Shield Review

Business

Category: Government

Joint Press Statement from US Secretary of Commerce Ross and Commissioner Jourová on the EU-U.S. Privacy Shield Review This week, officials from across the United States Government, the European Commission, and EU data protection authorities gathered in Washington, DC to conduct the first annual review of the EU-U.S. Privacy Shield Framework established in 2016. This […]

Source: European Commission


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15 states now defy Trump by upholding the Paris climate accord

Business

Category: Government

The state-based movement to continue meeting the goals of the Paris Agreement on climate change following President Trump’s choice to withdraw is making headway. The U.S. Climate Alliance, as the group is called, said Wednesday that it is on track to meet and possibly surpass its portion of the Paris Agreement’s targets of a 24% to 29% […]

Source: Market Watch


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The World’s Biggest Wealth Fund Hits $1 Trillion

Business

Category: Energy

Norway’s sovereign wealth fund hit $1 trillion for the first time on Tuesday, driven higher by climbing stock markets and a weaker U.S. dollar. The milestone valuation was reached for the first time on Sept. 19 at 2:01 a.m. in Oslo, Norges Bank Investment Management said in a statement on Tuesday. “I don’t think anyone […]

Source: Bloomberg


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Nowcasting Tells the Story: Norway’s Been Fixed

Business

Category: Financial / Investment

If Norwegian central bank governor Oystein Olsen is looking for backing to start normalizing monetary policy after years of record stimulus, he should be reading the newspapers.  Or better yet, he could just take a look at Norway’s Financial News Index, a big data tool that plows through financial media for clues on the economy. […]

Source: Bloomberg


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Norway election 2017: Centre-right celebrates ‘non-socialist majority’ in close result

Business

Category: Government

NORWAY’S governing right-wing bloc, headed by Conservative Prime Minister Erna Solberg, has claimed victory in a historically close election. With 95.1 per cent of votes counted on Tuesday morning, the Conservatives, along with their coalition partner the Progress Party (FRP) and two other centre-right allies, were projected to win 89 seats in the 169-seat parliament, […]

Source: Express.co.uk


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