Morning Briefing – Monday, June 24

The Copenhagen Post’s daily digest of what the Danish press is reporting

Private rocket success

Copenhagen Suborbitals successfully launched its Sapphire rocket on Sunday. The privately funded firm’s rocket reached a speed of 1,239 kilometres per hour and an altitude of over eight kilometres. The only reported malfunction during the launch was a parachute failure, which meant the rocket sank to the floor of the Baltic just east of Bornholm after returning to earth. – Ingeniøren

Denmark missed out on North Sea oil fortune

The road out of the recession could have been shorter, had the previous government negotiated a better deal with companies drilling oil in the North Sea, according to economists. New Tax Ministry figures showed that had the previousgovernment followed the advice of its advisors an extra 124 billion kroner could have been brought in since 2003, when the deal was struck. – Politiken

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Bank investigated for illegal loans

Finance watchdogs Finanstilsynet will investigate Danske Andelskassers Bank for illegally lending money to purchases of shares in the bank. The bank reportedly pressured business owners who needed loans to keep their businesses afloat to buy shares in the bank in connection with its 2011 IPO. Since then, the bank’s 35,000 shareholders have lost a total of 250 million kroner. – Jyllands-Posten

Massive harbourfront building plans

Two of Denmark’s biggest pension funds, PensionDanmark and PKFA, want to spend 2.1 billion kroner building 700 flats in Copenhagen's Islands Brygge. In just ten years, the population in the harbourfront neighbourhood has doubled to 14,000. The project is expected to start in 2014 and and take up to six years to complete. – Business.dk

Study abroad push amounts to study fees

Helping the government meet its goal of having half of all university students study abroad by 2020 could prove costly for the students. About 17 percent of university students currently study abroad and about one in every five paid money to do so, according to 2009 figures. Recommending that more students study abroad amounts to an implementation of university fees, say universities and student organisations. – Information

Second fastest 15-year-old in history

Sprinting talent Kristtofer Hari became the second fastest 15-year-old in history on Saturday when he ran the 100-metre dash in just 10.37 seconds at an athletics meet in Germany. The time was just a one-hundredth of a second slower than the fastest time ever run by a 15-year-old, set by Darrel Brown in 2000. – Ekstra Bladet

TOP STORIES

  • Chinese wind turbine companies sign pact to end race-to-the-bottom price war

    Chinese wind turbine companies sign pact to end race-to-the-bottom price war

    China’s 12 leading wind turbine makers have signed a pact to end a domestic price war that has seen turbines sold at below cost price in a race to corner the market and which has compromised quality and earnings in the sector.

  • Watch Novo Nordisk’s billion-kroner musical TV ad for Wegovy

    Watch Novo Nordisk’s billion-kroner musical TV ad for Wegovy

    Novo Nordisk’s TV commercial for the slimming drug Wegovy has been shown roughly 32,000 times and reached 8.8 billion US viewers since June.

  • Retention is the new attraction

    Retention is the new attraction

    Many people every year choose to move to Denmark and Denmark in turn spends a lot of money to attract and retain this international talent. Are they staying though? If they leave, do they go home or elsewhere? Looking at raw figures, we can see that Denmark is gradually becoming more international but not everyone is staying. 

  • Defence Minister: Great international interest in Danish military technology

    Defence Minister: Great international interest in Danish military technology

    Denmark’s Defence Minister Troels Lund Poulsen attended the Association of the Unites States Army’s annual expo in Washington DC from 14 to 16 October, together with some 20 Danish leading defence companies, where he says Danish drone technology attracted significant attention.

  • Doctors request opioids in smaller packs as over-prescription wakes abuse concerns

    Doctors request opioids in smaller packs as over-prescription wakes abuse concerns

    Doctors, pharmacies and politicians have voiced concern that the pharmaceutical industry’s inability to supply opioid prescriptions in smaller packets, and the resulting over-prescription of addictive morphine pills, could spur levels of opioid abuse in Denmark.

  • Housing in Copenhagen – it runs in the family

    Housing in Copenhagen – it runs in the family

    Residents of cooperative housing associations in Copenhagen and in Frederiksberg distribute vacant housing to their own family members to a large extent. More than one in six residents have either parents, siblings, adult children or other close family living in the same cooperative housing association.

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Career

  • Come and join us at Citizens Days!

    Come and join us at Citizens Days!

    On Friday 27 and Saturday 28 of September, The Copenhagen Post will be at International Citizen Days in Øksnehallen on Vesterbro, Copenhagen. Admission is free and thousands of internationals are expected to attend

  • Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

    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 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.

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