Government misses its own target for development aid
The government failed to live up to its own foreign aid commitment last year. The parties on the right agreed to spend 0.71% of Gross National income (GNP) but actually only allocated 0.67%,…
MoreForeign Minister in Washington
Foreign Minister Anders Samuelsen has arrived in Washington DC to attend a meeting of ‘foreign ministers of the Global Coalition working to defeat the Islamic State (ISIS)’. The two-day meeting, which gets underway…
MoreGovernment’s export goals threatened by cutbacks
The government’s ambition to increase exports is threatened by cutbacks in research and development, industry insiders have warned. The government will launch its latest export strategy today, aimed at ensuring Danish companies a…
More6 Danes on global rich list
Síx Danes make Forbes’ list of the world’s richest people, in a year when the number of billionaires rose 13% to 2,043. The highest-ranked Dane, at no.35, is Kjeld Kirk Kristiansen, 3rd generation…
MoreBusiness shorts
EU clears wind energy takeover / NemID breaks 7bn barrier / Denmark blocks Burma teak imports / Pension funds set up joint investment The European Commission has cleared General Electric’s (GE) $1.65bn acquisition…
MoreTop Danish banks involved in ‘Global Laundromat’ money laundering scheme
Denmark’s two biggest banks are implicated in a vast money-laundering operation allegedly run by Russian criminals and channeled through countries such as Moldova and Latvia, where the supervisory authorities suspect that an international…
MoreAnalyst: Biggest banking crisis since financial meltdown
The money-laundering allegations aimed at Danske Bank and Nordea are the biggest threat to the Danish banking sector since the financial crisis, TV2’s business editor said last night after Denmark’s two biggest banks…
MoreTurkish Embassy denies ‘snitch’ hotline
There is no direct ‘hotline’ to Turkey that allows Danish-Turks to inform on fellow residents, a Turkish diplomatic delegation assured the Foreign Ministry yesterday after being summoned to explain reports of anti-Ergodan voters being…
MoreDPP demands crackdown on welfare jihadists
Foreign fighters who leave Denmark to fight for the Islamic State (IS) while claiming social benefits in this country should be severely sanctioned when they return home, according to the Danish People’s Party…
MoreAnti-Islam demos cost police millions
The police have spent millions of kroner protecting anti-Islam demonstrators. Figures for 2015 obtained by left-wing daily Information show an additional 2,821 officers, costing more than 22,000 overtime hours, were called in to…
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