The MIKON flagship program in the Fram Centre is using both social and environmental sciences to examine how High North industrial development will affect the natural world, regional societies like the Sami and economic activity.
Nickel industry in Siberia and on the Kola Peninsula is very good business for investors. Norilsk Nickel set to pay €2,1 billion in dividends for 2014.
Russia’s ruble strengthened to below 53 to US Dollar on Thursday, up 32 percent since end of January. On the Norwegian side of the border, a new mall is hoping for more Russian shoppers.
A stronger exchange rate for the ruble has brought more Russian customers back to shops in Finland. Some local retailers have reported a sharp rise in sales in recent weeks.
The Government Pension Fund Global is now worth more than 7.000 billion kroner (€796 billion). If divided on the 5,2 million Norwegians, each one would have 1,35 million. That is five times the annual net income of a Swede.
Europe’s third-biggest low-cost airline Norwegian Air Shuttle is facing its biggest crises as a strike by pilots grounded almost all of its domestic flights in Norway, Sweden and Denmark since Wednesday.
