Thursday, March 26, 2015

The municipality increases overdraft facility with 10 million – Lofotposten

Moskenes struggling with liquidity. Like other municipalities with weak economy, Moskenes used by unused borrowing funds to pay bills instead of taking up credit facilities. Or put another way: The municipality has borrowed from its own building project to pay bills and salaries.
Last year, the control group and the council that the practice was changed. The municipal council approved a kassakredittlån five million municipality began using in February this year.

See also: Municipal must downsize

Not enough

Now fear alderman that the frame does not hold. In the municipal board meeting Wednesday he asks politicians raise the frame to 15 million. Finance Lena-Britt Johansen shows in his report to overdraft facility is already in use, and that investments in 2015 will require borrow funds.
– In addition, allowance is made for salaries, while payable withholding and installment payments. To not end up in a situation where we fail to pay our obligations, we must increase the cash credit, writes Johansen and Sperstad in legal study.



Moskenes second highest debt

According to OAG ranking of debt in Norwegian municipalities located Moskenes second. Debt costs each citizen 126,102. The debt amounts to 140.2 percent of revenues, whereas the recommendation is 70 percent.

Read the case here: Lofoten Municipality in Norway top in debt


In January and February, the municipality has paid 1 2 million more in interest repayments than the corresponding period last year.
– It is related with the refinancing of loans. The increase affects liquidity, says Sperstad.
Moskenes is one of four municipalities in Lofoten County Department Robeks registry, and probably the longest way out. The accumulated deficit of approximately 16 million. Robeks municipalities are subject to financial control from the County, and must have, inter alia approval to raise new loans.
– We have received exposure. The municipality will not be able to cover this within two years. We have created a binding plan for repayment, but we have to spend eight years to cover the deficit. To pay down the debt with two million annually is hard enough, says Sperstad.

Read more about: economic policies policy Municipality Flakstad and Moskenes

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Tuesday, March 24, 2015

The plan roundabout adopted county committee – Fosna people

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Out of the closet – Our Country

He has a light hand and Bach’s Prelude in the ears. Soon the room filled with people. By carve high-flown songs, devotional processions and incense so dense that little body almost disappears during the Sunday Mass. Alter boy Stian Berger Røsland are accustomed to lavish surroundings.

Now, 30 years later, he glides course into his stately office in Oslo City Hall. Impeccably dressed, slicked hair, Right needle visible placed on dressers chest pocket.

– I’ll just from a meeting where the height of a retaining wall was discussed. Now I’m ready for some major questions, smiles Røsland and settles down behind mahogany table.

– What do you think when I say the word faith?

– Faith can mean wonder, hope, and for some – which are close to a security. In recent decades has taken significant leaps in explaining how it is that we are here. For me faith a wonder of what we do not understand. There are some fundamental questions again, as they also wrestled with several thousand years ago. Why are we here? Is there a bigger underlying reason? Hopes carries a meaning of it all.

Little wonder Adult

As the only Catholic in the class, was Stian Berger Røsland the somewhat puzzling boy who went to church every Sunday. There was much he even wondered too. How can it be that such a barbaric wars being hailed as a saint, marveled little Stian. He looked up at the big picture that hung in St. Olav’s Church: Olav the not so holy. So he knew, after plowing through world history before he could fill ten.

– As an only child I spent a lot of time with adults and was interested in history and society. I was especially excited about a story in the Bible about Jesus as a young man homework up for priests in the temple about how the world really was to understand. There was another story I could relate to me. There were many who thought I was pretty precocious, smiling Røsland.

Positive faith

youth rebellion stretched to stop going to church every Sunday. Then he was 18. Faith did not disappear completely, it just was not the same need for refills.

– I think that faith is something you have or have not. And so will the different phases of life will be greater or less present. Many seek solace in faith when life is painful and difficult, but for me it is actually the opposite. Faith has always been associated with something positive. After I had children, I knew how important it is that they also get to be a part of this tradition. Therefore, I sometimes started to go to Mass again.

– What do you want to pass on to your children when it comes to faith?

– I just want them to have a relationship with the faith, so they side can make the choice whether they want to take it further in life or not. They could probably figured it out on my own, but I think it is more demanding. It is difficult to go into this without having been part of it from one small. I do not feel any disappointment if my kids would rather choose to be a member of the NHA. At the political level there is a couple of organizations I’m a little more worried.

Dimmed religion

Although he attached early Right to their chest. After law school, it did not take long before young Røsland did lynkarriere. Only 32 years old he took as Governing Mayor of Oslo.

– You control a city where religions have become clearer after several mosques have emerged. We have received solidarity rings, but also an increasing number of threats. What challenges lie in it?

– diversity is fundamentally a good. We get multiple perspectives and experiences, ways to view issues. Being rigged for an international reality. Meanwhile, immigrants be a source of conflicts and misunderstandings, because they come from a society where the religious dimension is much larger.

Røsland refers to a study from the United States on the choice of president: A large majority felt it was important that the president was Christian. Quite a few wanted a Muslim president. But even fewer would have an atheist.

– We must remember that we distinguish ourselves because we have toned down religion. It disclosing that it is how we do it here, take another generation or two. We must not expect that the integration will take place 20 minutes after landing at the airport. Kindergarten, school and workplace are important public meeting places for those who move to Norway and we already living here.

We are the unusual

Røsland is concerned that there is we that are atypical. Unlike the rest of the world has Western Europeans uncoupled religion from politics and society. He talks about the Peace of Westphalia in 1648. The ending with the major wars of religion in Europe. The religion was taken out of the equation.

– I think it’s a big advantage not to mix faith and politics. It helps that they can live together regardless of religious views and personal convictions. Discussion on the Sunday open stores is interesting, because the rationale was originally religious character. Today it’s about those who work shall be exempt of work environmental causes. Thus it becomes a discussion everyone can participate. I hold general nor the Sabbath day holy.

– You belong to a church that is under investigation. How do you perceive it?

– This is a serious issue that tear down confidence in both the church, but I also believe communities in general. This’ve also been a problem in both the Norwegian Church and Muslim communities. There was much discussion and debate for five or six years ago. I also remember that the Catholic Church took the initiative that religious communities could get a better cooperation with several state governments to get a correct registration of members and support, which I thought seemed reasonable. But one must follow the rules that apply at any time.

Abilities to laziness

With a job as Chief Commissioner, a wife who is undersecretary for Erna Solberg and two children aged 4 and 6 years, he must hang in strap to get everyday to go hop. He admits that he has some good qualities to laziness.

– I am keen cost-benefit, the best possible result to the appropriate effort. I have gradually learned to simulate if needed. So it may look like I’m well prepared without being there. Sometimes I have seen on “West Wing” instead of reading report number 27.

– For a Catholic prayer and Exhibition often important. How do you get the time?

– I get passed occasionally and did not feel in any guilty that it is not often. I’ve never been any visible Catholic, because I think it is private. In our secularized society, which I think is the one good that we have, I think one should be a little reticent. I am keen not to mix religion and politics.

– What is it you do not find in Protestant Christianity?

– I’ve never easy for belonging somewhere else, because I experience the Catholic Church little judgmental little moralizing. Paradoxically, the church has the their moves.

He feels that it is not all convictions you need to share. That room for differing opinions are great.

– I think for example the church ought to reconsider their view of homosexuality, committed cohabitation and female priests. I think it comes eventually. Currently celibacy beginning to loosen up a little, but this is the one business that is not just running fast after changing. Perhaps it is also part of the reason that it has existed for 2000 years.

Back to the mystique

It is said that Stian Berger Røsland is patient – up to a point. As inmates Governing Mayor he could irritate his green over punctuation in a note. Or when someone hung with cornering.

– But the surroundings do something with you. I have learned to hide their impatience, prejudice people who submit a report even though I have taken the point. Try to listen to things I think is so exciting. Nåx mean someone I should attempt to drop a little more loose. I can probably perceived in excess of self-control. I do not give so much. But this is not a place one berates people, says Røsland and nods explanatory to his own office with sea views, columns and a whisper of history in the walls.

Can you “talk to death» Christianity and so lose some of the mystique?

– The beauty of Catholicism is that it has a less fear that rituals can help to explain what we do not see. What we do not understand. The tangible has a value. Catholic sermons are quite short. One reads the lyrics and get a quick explanation from the priest, so you come back to the mystique. It puzzled where you can reflect on your own. They manage the still not explaining this. But they will have to experiment, smiles Røsland.

During the Sunday Masses he can feel how the story comes closer. The lines extending from church bench he sits on, and infinitely far back in time. It is the same hymns, the same texts, the same beautiful tones.

– Through the concrete and close one gets perhaps a stronger relationship to faith than many who are members of the Norwegian Church. The rituals are a part of who you are, regardless of the strength of faith of all time. Because it can be varied. But you do not stop the rituals, it’s a part of growing up, the small family culture, says Røsland.

What does it take you to lose faith?

Commissioner manager looks with one little puzzled. The problem has never occurred because he. Born into a Catholic tradition, as for his own part, managed to become 38 years long. It takes a lot to sweep stuff off.

– A new scientific study perhaps?

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Monday, March 23, 2015

Fearing proposals for new car taxes – Dagens Næringsliv

Motor

Bilimportørene er svært skeptiske til å basere bilavgiftene på bilens utslipp alene. – Enkelte aktører kan bli radert ut over natten, sier Erik Andresen i Bilimportørenes Landsforening.

Artikkelen er lagt til i din leseliste.

– Vi er sterkt kritiske til forslaget presentert i DN tirsdag. Det vil gi dramatiske konsekvenser.

Det sier Erik Andresen, direktør i Bilimportørenes Landsforening, som er de norske bilimportørenes bransje- og interesseorganisasjon.

Tirsdag sist uke omtalte DN et notat fra tenketanken Civita med forslag om å fjerne effekt- og vektkomponenten, og heller avgiftsbelegge hva bilene faktisk slipper ut.

I forslaget ville eksempelvis en Volvo XC90 ladbar hybrid med 400 hestekrefter og et CO2-utslipp på 59 gram per kilometer få en avgiftslettelse på omkring 250.000 kroner, og bli billigere enn den samme bilen med dieselmotor.

Store konsekvenser

– Noen biler blir 200.000–300.000 dyrere og andre tilsvarende billigere. Det blir ikke forutsigbart for noen. Hverken for forbrukere eller bransje. Det vil få store konsekvenser for eksisterende bilpark og ikke minst et tap på leasingbiler, som forhandlere har garantert restverdiansvar for på cirka 16 milliarder. En nedgang på 10 til 20 prosent vil være dramatisk for disse forhandlerne. Forhandlerøkonomien er allerede stram med hard konkurranse både på salg og servicemarked. Enkelte aktører kan bli radert ut over natten, sier Andresen.

Regjeringen har sagt at bil- og drivstoffavgiftene skal ha en fullstendig gjennomgang før revidert nasjonalbudsjett som legges frem i mai, og en arbeidsgruppe med medlemmer fra Høyre, Frp, Venstre og KrF er allerede satt ned for å jobbe med dette.

– Det vil gi svært store utslag og det er ikke nødvendig med så store endringer av systemet for å nå 85 grams målet. Tvert imot vil en mer forutsigbar gradvis endring være det beste både for bransjen og for forbrukerne. Vår prognose er at vi allerede i 2015 vil kunne krype under 100 gram CO2 fra nye biler. Vi er i rute til 85 gram, sier Andresen.

Må ha større ambisjoner

I klimaforliket fra 2012 er målet om et gjennomsnittlig CO2-utslipp fra norske personbiler slått fast til 85 gram i 2020. En stor elbilandel hittil i år, har gjort at utslippene i februar lå på 102 gram per kilometer, noe som er ti gram lavere enn samme måned ifjor.

Regjeringen har samtidig gått inn for å redusere norske klimautslipp med 40 prosent sammenlignet med 1990 frem mot 2030, der transport står for 32 prosent av utslippene.

– Notatet har skissert en mulig innretning av kjøpsavgiftene for personbiler slik at personbilparken over en viss tid kan gjøres utslippsfri. Med den nylig oppjusterte enigheten om 40 prosent kutt i CO2-utslipp innen 2030, er det naturlig å vurdere hvordan personbilparken kan bidra. Legger man til rette for en utslippsfri bilpark, vil nær en tredjedel av utslippskuttene ha blitt realisert innenlands. Innen 2030 synes jeg målsetningen bør være at det ikke selges biler med klimagassutslipp. Da må ambisjonene heves fra 85 grams-målet som Bilimportørenes Landsforening sikter mot, sier Villeman Vinje, samfunnsøkonom i Civita.

Bilimportørenes Landsforening har sammen med Naf og Norges Bilbransjeforbund utarbeidet et eget forslag til endringer i bilavgiftene, som ikke går så langt som det Civita skisserer. De vil skrote effektavgiften, men beholde vektavgiften og CO2-avgiften som skal vektes likt.

– Da vil CO2 få en sterkere vekting enn i dag og vi beholder vekt som får lavere vekting og en mer lineær innretning som vil gjøre større lavutslippsbiler rimeligere, sier Andresen.

Les hele avisen her.

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Fearing the consequences – Dagens Næringsliv

Bilimport ears are very skeptical of basing car taxes on vehicle emissions alone. – Some actors may be incised out overnight, says Erik Andresen Norwegian Automobile Importers Association.

The article is added to your reading list.

– We are highly critical of the proposal presented in DN Tuesday. It will provide dramatic consequences.

It says Erik Andresen, Director of Norwegian Automobile Importers Association, which is the Norwegian Norwegian Automobile Importers industry and interest group.

Tuesday last week talked DN a note from the think tank Civita with proposals to remove the power and weight component, nor taxing what cars actually emit.

The proposal would for instance a Volvo XC90 rechargeable hybrid with 400 horsepower and a CO 2 – emissions of 59 grams per kilometer get a tax relief of about 250,000 crowns, and be cheaper than the same car with a diesel engine.

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This graph makes DNB concerned over China’s housing market – E24

Dermed “forsvinner» 20 Millioner potensielle førstegangskjøpere ut av et allerede presset eiendomsmarked, og ingen veto hvem we skal fylle etterspørselsgapet dem bak.

DNB Markets har-vært Kina på reise, og med kommer hjem dypere bekymringsrynker and panna enn for.

Kina boligmarked for har det første Noen Problem kort på sikt, påpeker analytiker Ole André Kjennerud and notatet med det velklingende NavNet “Golden years in Chinese real estate are over.”

Gullalderen
Forbes

Disse kortsiktige problemene Gar and korte at trekker ut på det av Kina and sjiktet tredje største Byers såkalte of T3-byene Na av er high for Stort tilbud EIENDOM, skyhøye finansieringskostnader for eiendomsutviklere og det tar lang tid ago solgt. Dette er dian faktorene we gjør at DNB venter fallende boligpriser and disse mellomstore byene.



Saturday, March 21, 2015

USA Today: Fear Fed unrest – Dagens Næringsliv

USA i dag

Sjefen for verdens største hedgefond advarer.

Artikkelen er lagt til i din leseliste.

God morgen! Dette er «USA i dag», DNs daglige morgenbrev fra Amerika med aktuelle markedsoppdateringer, nyttige analyser og lenker til interessante artikler for den som vil lese mer. Innspill eller kommentarer? Send epost til mb@dn.no

Ray Dalio stanser alle store finansielle veddemål i frykt for at den første rentehevingen i USA siden 2006 kan få uante konsekvenser.

Grunnleggeren av Bridgewater Associates, med over 1300 milliarder kroner til forvaltning, trekker linjene tilbake til 1937.

Da hevet Federal Reserve rentene for første gang etter den store depresjonen og flere år med pengetrykking. Resultatet ble et børsfall på over 30 prosent.

Det er Financial Times som har fått tilgang til et notat fra den mediesky hedgefond-toppen.

-Vi er forsiktig med vår eksponering. Av grunnene som er nevnt ønsker vi ikke å ha noen konsenterte veddemål, særlig ikke nå, skriver Dalio, ifølge FT.

Advarslen kommer idet rentekomiteen er samlet i Washington DC for å fastsette styringsrenten. Beslutningen offentliggjøres klokken 19.

Tirsdag advarte også sjefen for det internasjonale pengefondet (IMF), Christine Lagarde, mot følgene av en amerikansk renteheving. Hun er redd det kan skape ubalanser i fremvoksende økonomier.

Fed hevet rentene sist i 2006. Siden finanskrisen har styringsrenten ligget rundt null til en kvart prosent.

Det er ventet at Fed vil heve rentene i juni eller september. Markedet priser inn 21 prosent sannsynlighet en juni-heving og 61 prosent for en heving i september, ifølge CME FedWatch.

Sentralbanksjef Janet Yellen har sagt de siste månedene at Fed vil være «tålmodig» før første heving, men markedet venter at dette forbeholdet vil bli fjernet i morgen, skriver flere amerikanske medier.

Den sterke dollaren og flere svake nøkkeltall den siste tiden taler isolert mot en renteheving.

Dalio ber Fed gå varsomt frem og forberede en plan B i tilfelle rentehevingen slår feil.

-Vi vet ikke – ei heller Fed – nøyaktig hvor mye tilstramning som vil velte vognen. Vi håper at Fed vet hvordan den vil rydde opp dersom det blir et velt. Vi håper den vet det før den tar en beslutning som kan velte vognen, skriver Dalio.

Meglersmekk: Det amerikanske finanstilsynet vil innskjerpe kravene til meglere og andre finansielle rådgivere. Kundene deres kan ha tapt over 140 milliarder kroner på grunn av dårlige råd ifjor, ifølge anslag fra Det hvite hus.

Adjø, Argentina: Amerikanske Citigroup vil stenge bankens oppgjørsfunksjoner i Argentina etter at en amerikansk dommer nektet storbanken å formidle kupongbetaling til eiere av argentisk statsgjeld denne uken, skriver Reuters. Argentina truer på sin side med med å inndra banklisensen og saksøke Citi dersom ikke pengene utbetales som lovet. Citi er ufrivillig mellommann i striden mellom de såkalte «gribbefondene» og Argentina.

Det lange bildet: Han er den best betalte mannen på Wall Street. Dette er forklaringen – slik Stephen A. Schwarzman selv ser det.

Dette skjer i dag: Rentebeslutning klokken 19. Kvartalstall fra logistikkselskapet FexEd.

Markedet før åpning: Terminmarkedet klokken tre: Dow -0,4 prosent, Nasdaq 0,4 pst., S&P unendret; olje -2,3 pst.; en euro koster 1,0606 dollar; tiårige statsobligasjoner ned tre punkter til 2,05 pst.

… og helt til slutt: Du vet det går godt i Silicon Valley når investorer lokker med en halv million kroner i premie til den som greier å finne på et nytt firmanavn.​

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