British government offers loan to Landsbanki
Alistair Darling, the British finance minister announced that the Bank of England will give a loan of 100 million pounds to reimburse British deposito...
International
International News and topics without borders
Richard Portes analyses: The shocking errors of Iceland’s meltdown
We are bringing you a comment to our post ‘Brown’s letter to Haarde‘ written by Richard Portes, the Professor of Economics at London...
Carlsberg enters Russian beer market
The Danish beer giant Carlsberg has entered into a partnership with a new Russian brewery just opened in the town of Novosibirsk called Baltika. Jorge...
The world is united to resolve the financial crisis
According to head of the International Monetary Fund’s policy committee, Youssef Boutros-Ghali, “Financial policymakers from 180 nations a...
Sweden’s Nobel Committee slams “insular” American writers
In an outspoken declaration from Horace Engdahl, the head of the Swedish Nobel Committee, American authors are culturally “ignorant” and lack the clou...
Only one Danish football team remains in the UEFA Cup
The Copenhagen Post reports that after managing a 1-1 draw with FC Moscow, FC Copenhagen emerged as the only Danish football club to make it through t...
Volvo puts first hybrid bus on the streets
Volvo, the Swedish auto-making legend, has released the world’s first commercial hybrid bus. The Volvo 7700 has both a traditional diesel engine and a...
Sweden rejects EU plan to ban Internet pirates
The EU parliament had just passed a proposal containing a number of measures designed to increase competition within the European Union’s telecoms sec...