World Economics: The Nordic experience

At the annual World Economic Forum meeting in Davos, Switzerland this week, – with 2500 delegates discussing the world financial situation, – a central topic has been the “Nordic experience”. (Photo: Prime Minister Jens Stoltenberg) “This is an appreciation of the social model developed in the Nordic countries. Better than many other countries we have managed to combine a just distribution and an efficient economy.... [more]

Clinton heads to Haiti to mediate political crisis

Secretary of State Hillary Rodham Clinton is flying to Haiti to mediate in a political crisis there while other administration officials are keeping watch on violent protests halfway across the world in Egypt. Clinton will meet Sunday with President Rene Preval and the three candidates vying to succeed him during her visit. She will also see a treatment center for the cholera epidemic that has killed almost 4,000 people. Haiti’s... [more]

Presley collapse reports ‘completely untrue’

A spokesperson for Lisa Marie Presley has spoken out to reassure fans the singer is in good health following reports she collapsed at her home in England. A American tabloid had reported that Elvis Presley’s daughter had fallen ill after embarking on an extreme diet and losing over 50 pounds (23 kilograms) in the space of five months. The star was said to have jetted back to America. from her estate to receive emergency treatment. But... [more]

Head-On Train Crash In Germany Kills 10

Ten people have been killed and many others injured in a head-on train crash in eastern Germany. A passenger train smashed into a cargo train close to Saxony-Anhalt’s state capital Magdeburg. Several cars of the train carrying around 45 passengers derailed and overturned late on Saturday. The death toll is expected to rise after the accident near the village of Hordorf. Eight bodies were retrieved from the train. Two others are known... [more]

Trondheim today (Norway)

The name Trondheim derives from the old Norse Þróndheimr, meaning home of the strong and fertile ones. First Capital of Norway The city was founded by Viking King Olav Tryggvason in AD 997, and occupies a special place in Norwegian culture and history. Trondheim was the nation’s first capital, and continues to be the coronation city where Norway’s kings from Harald Hårfagre (872–933) to King Harald V (1991 -) have been... [more]

Flood warnings issued in Norway

Flood warnings have been issued for South Eastern Norway this weekend. Heavy rainfall has caused local rivers and lakes to overflow their banks in many places. The floodwaters are expected to peak on Sunday, and people are warned to look out for flooding in basements. Roger Melby of the Oslo Fire and Rescue Squad says to Aftenposten that they are on high alert, and Frode Sandersen of the Norwegian Geotechnical Institute says they are considering... [more]

At midterm, Obama tries can-do slogan, details TBD

There’s a new slogan in town, and it’s a winner. At least that’s what President Barack Obama has in mind. The president unveiled his “Winning the Future” mantra in his State of the Union address, and now the upbeat but amorphous phrase is part of every speech, policy and pronouncement coming out of the administration. It’s also emerged as a fat target for his Republican critics. What’s next on health... [more]

Protests continue as tanks roll into Cairo’s Tahrir Square

Egyptian military tanks surrounded Cairo’s Tahrir Square, where hundreds of protesters had gathered on Saturday. Demonstrators chanted “Down with Mubarak” and “We are all Egyptians.” The atmosphere was tense, but people gathered in the square were posing for pictures with tanks and shaking troops’ hands. Tahrir Square, located near many government buildings in the heart of downtown Cairo, has been a focal... [more]

China denies plan to create world’s biggest city

Authorities in southern China’s Guangdong province have denied planning to unite nine towns to create the world’s biggest city in the Pearl River delta, according to state media. “The reports were totally false. There is no such plan,” Guo Yuewen, spokesman for the Communist party’s provincial committee, was quoted as saying by the official China Daily on Saturday. Media had reported on a project to unite nine... [more]

Merkel says debt biggest danger to Europe

German Chancellor Angela Merkel on Friday called on fellow European countries to slash their deficits, warning that debt is the main threat to the economies of the crisis-hit eurozone. “Indebtedness is the biggest danger for prosperity on this continent. This is why we have to resolutely work against it,” Merkel told business leaders gathered at the Davos meeting of the World Economic Forum. The leader of Europe’s biggest... [more]

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