All eyes are on American interest rates, after Federal Reserve Chair Jerome Powell on Friday said the American central bank is prepared to start cutting its key interest rate from its current 23-year high, as inflation finally comes into check and the US job market cools.Already at the beginning of the year, analysts and investors […]
Danish interest rates set to fall as Fed indicates mid-September cut
Denmark’s largest banks are forecasting interest rate cuts across their loan offerings by early 2025. It’s good news for Danish businesses and home buyers looking to take out a loan next year, but will hurt Danish banking profits, which have tipped billions of kroner in recent years.
More and more schools in Copenhagen introduce driving bans in the morning
Several schools in Copenhagen have introduced a ban on cars passing by in the morning, typically to drop children off. The idea is to create safer school roads and make it easier to monitor the traffic.
Vestager takes over internal market duties after EU Commissioner’s snap resignation
Danish Margrethe Vestager will take over the tasks left behind by French Thierry Breton, who resigned as EU Commissioner for the Internal Market yesterday citing von der Leyen’s “questionable governance”.
Germany introduces passport control at all land borders to combat irregular migration
Germany has riled its Schengen neighbours by introducing passport control along the borders of all nine neighboring countries – including Denmark – citing an overloaded asylum system.
Report: Danes are least worried about fake news compared with rest of world
Despite an increase in concern about misinformation, the Danes’ fear of fake news is still significantly lower than in the rest of the world, a new report shows.
DSV buys German giant for 107 billion – becomes the world’s largest logistics company
It started with nine truck drivers in an inn on Sjælland in 1976. Now, with the purchase of German DB Schenker, Danish DSV has become the world’s largest freight operator
Parking in Copenhagen to become much more expensive
To finance more parking garages, the politicians in Copenhagen have decided to dramatically raise the prices for parking in 2025. There will also be a fee for parking on Sundays. In Frederiksberg, people are dissatisfied with their neighbouring municipality’s decision.
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Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia
Chisom Udeze, the founder of Diversify – a global organization that works at the intersection of inclusion, democracy, freedom, climate sustainability, justice, and belonging – shares how struggling to find a community in Norway motivated her to build a Nordic-wide professional network. We also hear from Dr. Poornima Luthra, Associate Professor at CBS, about how to address bias in the workplace.
Lolland Municipality launches support package for accompanying spouses
Lolland Municipality, home to Denmark’s largest infrastructure project – the Fehmarnbelt tunnel connection to Germany – has launched a new jobseeker support package for the accompanying partners of international employees in the area. The job-to-partner package offers free tailored sessions on finding a job and starting a personal business.
This rooftop ‘Scandarabian’ restaurant is helping international jobseekers to upskill for the Danish market
The social enterprise and rooftop restaurant Do More focuses especially on helping long-term unemployed citizens who struggle to enter the Danish labor market due to a lack of experience from their home country, language barriers, and other factors.