Africa Asia Europe North America South America Oceania
You are here: Home > Europe > Norway

Norway

Yearbook 2008

2008 NorwayNorway. Thanks to the high oil prices, StatoilHydro made the biggest corporate profit in Norwegian history during the first quarter. When the oil price reached $ 140 per barrel during the year, the state was expected to make huge extra income for the state oil fund, the Government Pension Fund - Global. However, when the price of oil subsequently fell sharply during the third quarter, the oil fund lost in value equivalent to close to SEK 200 billion.

In January, six people were killed when suicide bombers attacked a hotel in Kabul, where Norwegian Foreign Minister Jonas Gahr Støre lived during a visit to the Afghan capital. Støre did well, but there was a Norwegian journalist among the victims. A Taliban spokesman said they were behind the deed, one of many violent attempts to scare off foreign support for the Afghan government. The Taliban allied al-Qaeda had earlier called for an attack on the Norway, which has about 500 soldiers in the NATO-led force in Afghanistan. But after the attack, the N government declared that it would strengthen its military presence in the country.

2008 Norway

In March, five people were killed when a multi-storey house collapsed in Ålesund, where a large piece of a rock wall loosened and collapsed on the house. Rescue crews were unable to enter the masses for several days to search for missing because of explosion risk after a propane tank under the house caught fire.

According to Countryaah reports, Prime Minister Jens Stoltenberg received harsh criticism in the spring both from the opposition and from the Labor Party's coalition partner Socialist Left Party when he rejected the idea of a Norwegian boycott of the Beijing Olympics because of the repression in Tibet. The government's internal problems continued when the Minister of Petroleum and Center Party leader Åslaug Haga were accused of unclear tax business. Haga resigned and succeeded as Minister of Terje Riis-Johansen and as center leader of Liv Signe Navarsete. At the same time as the red-green coalition was having difficulties, the Progress Party was the largest party in opinion polls and the bourgeois bloc had a clear majority over the government parties.

During the spring, Sweden submitted a quote for the sale of 48 new advanced JAS planes, known as Super-JAS, to Norway. On the Swedish side, they hoped for a multi-billion business over three decades with extensive Swedish-Norwegian industrial cooperation. The Swedish Minister of Defense also spoke of increased future defense cooperation, including joint air bases. In the aircraft business, however, Sweden had competition from the United States, Norway's allies in NATO, and in November the Oslo government decided that Norway would buy US F-35.

In the autumn financial crisis, the government in October decided on a rescue package for the banks. Suspicions were raised that N's largest bank DnB NOR was given advance information on the government's measures and was able to make quick and profitable sales of government bonds. Other banks also claimed that the government package was suitable for DnB NOR, whose head was a party mate and good friend of Prime Minister Jens Stoltenberg. The Norwegian Financial Supervisory Authority Kredittilsynet initiated an investigation which included, among other things, SMS messages between the DnB NOR manager and Stoltenberg.

In November, the Prime Minister and his Labor Party passed a government decision to implement the EU Services Directive, which includes, among other things, the elimination of barriers to trade in services. The Socialist Left Party and the Center Party opposed the proposal, but Stoltenberg counted with support from the bourgeois opposition in the Storting.

At the end of the year, the Storting voted to ban the purchase of sexual services that apply to Norwegians both in Norway and abroad. The law would apply from 2009.

During the year, the Norwegian Water Resources and Energy Directorate made measurements that showed that most Norwegian glaciers have fallen dramatically. Around Jostedalsbreen, the largest glacier on the European mainland, five of eleven glaciers had fallen by more than 20 meters in one year. For a long time, Briksdalsbreen had decreased by 430 meters since 1999 and Fåbergstølsbreen 450 meters since 2000.

Other Countries in Europe

Country Center Copyright 2008 - 2020 All Rights Reserved