The Week That Was, January 13th – 19th 2020:

Posted on 19. Jan, 2020 in: TWTW

Politics/Economy:

The economy is facing a downturn this year as a slowdown that started in 2019 takes hold, according to a new pan-Scandinavian poll of leading economists.

The Liberals’ former foreign minister Kristian Jensen was stripped of his spokesperson title and other top committee positions by leader Jakob Ellemann-Jensen for suggesting an across the centre alliance to finance future expenditure on welfare, infrastructure, and green conversion, without clearing the proposal with leadership first.

A new study in voters trends showed 45,000 Liberal (V) voters have defected to the Conservatives.

The government is undecided on whether to licence new tenders for oil and gas extraction in the North Sea - Climate Minister Dan Jørgensen told Berlingkse he’s put the decision on hold until there’s more information on the consequences for both the climate and the economy.

Home repossessions in 2019 fell to their lowest since pre-crisis 2008 as low interest rates and high employment ensured mortgages remained affordable.

Danish inflation rose 0.8 percent year-on-year in December, following a 0.7 percent increase in November - industrial production declined 5.2 percent month-on-month in November, following a 0.5 percent fall in October.

Berlingske revealed how, over a 12-month period, a team of Defence Auditors found 68 incidents of unauthorised use of credit cards by military personnel.

The High Court ruled in favour of SKAT (The National Tax Agency) in a test case against US pension fund KK Law Retirement Plan Trust, one of the numerous foreign funds that successfully managed to defraud the Danish tax authorities by pretending to own shares in Danish companies - it was also revealed that two tax department employees have been fired and reported to the police for fraud in recent years, the latest in a lengthening list of public sector scandals.

Foreign Affairs/EU:

Although around 50% of the Danish electorate is opposed to further EU enlargement and one in five believes the EU has become too big, a new study by the Confederation of Danish Industry showed new, east European members are a lucrative business for Denmark.

Defence Minister Trine Bramsen said although the majority of Danish personnel have been relocated from the Al-Asad air base in western Iraq that was attacked by Iranian war planes, Denmark is still ready to assume leadership of a training mission for Iraqi armed forces this year - Chief of Defence Bjorn Bisserup told TV2 that Denmark was warned the air base would come under attack six hours before Iran fired missiles.

The Ministry of Foreign Affairs, alongside The United Nations Investigative Team to Promote Accountability for Crimes Committed by Da’esh/ISIL (UNITAD) signed a Memorandum of Understanding to implement a project aimed at strengthening the capacity of Iraqi courts, judicial system and forensic capacity.

New information revealed that Danish company Dan-Bunkering made suspicious, multi-million payments to help Russian companies circumvent sanctions and buy jet fuel used by warplanes in Syria.

In his opening remarks to an EU consultation in Strasbourg, Tuesday, Valdis Dombrovskis, Executive Vice President for an Economy that Works for People offered assurances that a legally binding EU-wide minimum wage won’t affect Denmark.

It was revealed that a Danish citizen given an eight-year prison sentence in Spain in 2015 for terrorism had been employed by Danish intelligence agencies.

Iranian FM Zarif and Danish Minister for Foreign Affairs Jeppe Kofod held talks on the sidelines of the ongoing 4th 'RAISINA Dialogue 2020' in New Delhi, on Wednesday - the Minister also spoke with his Indian counterpart Subrahmanyam Jaishankar about creating a green, strategic partnership between the two countries.

The Little Mermaid, Denmark’s most iconic, and smallest, tourist attraction, was defaced by vandals with a pro-Hong Kong political message.

Social Affairs:

Under new anti-terror measures, kids in Syrian refugee camps, born to foreign fighters won’t be allowed to come to Denmark and the government will urge local authorities to forcibly remove children from their natural parents if there’s a risk of them growing up in a ‘radicalised environment’ – a proposal that would allow the police to enter homes without a warrant was dismissed as ’draconian’ by the governments allies and a move towards a police state.

Since 2001, 2,840 criminal foreign nationals have defied their re-entry ban and returned to Denmark after being deported – sometimes to commit more crime.

The pro-business Liberal Alliance and far-left Red/Greens, the polar opposites of Danish politics, joined together to support a radical proposal by the Alternatives to decriminalise hard drugs for personal use.

According to a new report conducted by US News & World Report, Denmark is the best country in the world for raising a child.

A new study revealed that cocaine use in Denmark among young people has nearly doubled over the past five years.

Business:

Denmark's producer price index fell 0.3 percent year-on-year in November, following a 2.6 percent decline in October - prices have fallen steadily since May.

Danske Bank claimed it has no specific target for job cuts after offering 2,000 of its Danish employees a ’golden handshake’ to quit.

Defence and aerospace manufacturer Terma won a DKK550m contract from the US Air Force to supply parts for F-16 fighter jets.

Drilling company Maersk Drilling and French oil company Total are to drill the deepest offshore well in history off the south west African coast.

Danish card payment services company, NETS, acquired Finnish firm Poplatek and its spin-off company Poplapay in a move to improve its ability to offer payment acceptance solutions to European merchants.

And That Was the Week That Was, January 13th – 19th 2020: To read all the above articles in full see: http://seven59.dk/archive (subscription required).


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