Inflation still high
Inflation in Denmark is still high – 2.6% in February – compared to growth and wage developments, but lower than the EU average of 2.8%. Danish inflation has been steadily rising since June…
MoreNew car sales down
Car sales took a nose-dive in February after record high January figures. Although car sales are usually a reliable indicator of consumer confidence, Danske Bank economist Las Olsen said the 4% drop isn’t…
MoreDenmark ready for war within hours
Parliament is rushing through a motion that will sanction Denmark’s use of force against Muammar Gaddafi. The Foreign Policy committee is currently listening to the government’s interpretation of the UN resolution that provides…
MoreFogh meets with Ambassadors
NATO Secretary General Anders Fogh Rasmussen is currently meeting with 28 NATO Ambassadors to discuss the alliance’s possible role in Libya. Every NATO operation has to be approved by all 28 members but…
MoreUN green lights air strikes against Libya
The UN Security Council has given the go-ahead to air strikes against Libya. With a unanimous 10-0 vote, the council passed a resolution shortly before midnight imposing a ban on all flights in…
MoreNATO is ready says Fogh
NATO Secretary General Anders Fogh Rasmussen was one of the world leaders who put pressure on the UN to make a speedy decision about Colonel Gaddafi’s crackdown in Libya. On his Facebook page,…
MorePind blames left for reluctance to act
Years of criticism of the foundation for the war in Iraq have made it far more difficult for the international community to act against Libya, Minister of Development Aid Søren Pind said last…
MoreLA policy no better than the left-wing’s say Conservatives
The Liberal Alliance’s economic policy is so vague that it’s no better than the opposition’s. That’s the damning indictment of the Conservatives who have launched an attack on the party that they could…
MoreDanske Bank: Catastrophe in Japan won’t affect global upswing
The earthquake in Japan is a human catastrophe and one that will have a major effect on the Japanese economy in the immediate future, but no significant effect on global growth and the…
MoreMega, mega container ships in the future
Shipping magnate Mærsk McKinney Møller warned yesterday that the world will see even bigger container ships in the future. At a National Bank ceremony to mark the introduction of a new 20 kroner…
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