Economy Of Svalbard
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Economy Of Svalbard
The economy of Svalbard is dominated by coal mining, tourism and research. In 2007, there were 484 people working in the mining sector, 211 people working in the tourism sector and 111 people working in the education sector. The same year, mining gave a revenue of , tourism NOK 317 million and research 142 million. In 2006, the average income for economically active people was NOK 494,700, or 23% higher than on the mainland. Almost all housing is owned by the various employers and institutions and rented to their employees; there are only a few privately owned houses, most of which are recreational cabins. Because of this, it is nearly impossible to live on Svalbard without working for an established institution. The Spitsbergen Treaty and ''Svalbard Act'' established Svalbard as an economic free zone and demilitarized zone in 1925. Food Agriculture Fishing and hunting Svalbard has historically been a base for both whaling and fishing. Norway claimed a exclusive ...
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Ecotourism Svalbard
Ecotourism is a form of tourism involving responsible travel (using sustainable transport) to natural areas, conserving the environment, and improving the well-being of the local people. Its purpose may be to educate the traveler, to provide funds for ecological conservation, to directly benefit the economic development and political empowerment of local communities, or to foster respect for different cultures and for human rights. Since the 1980s, ecotourism has been considered a critical endeavor by environmentalists, so that future generations may experience destinations relatively untouched by human intervention. Ecotourism may focus on educating travelers on local environments and natural surroundings with an eye to Conservation biology, ecological conservation. Some include in the definition of ecotourism the effort to produce economic opportunities that make conservation of natural resources financially possible. Generally, ecotourism deals with interaction with biotic compo ...
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Central Intelligence Agency
The Central Intelligence Agency (CIA ), known informally as the Agency and historically as the Company, is a civilian foreign intelligence service of the federal government of the United States, officially tasked with gathering, processing, and analyzing national security information from around the world, primarily through the use of human intelligence (HUMINT) and performing covert actions. As a principal member of the United States Intelligence Community (IC), the CIA reports to the Director of National Intelligence and is primarily focused on providing intelligence for the President and Cabinet of the United States. President Harry S. Truman had created the Central Intelligence Group under the direction of a Director of Central Intelligence by presidential directive on January 22, 1946, and this group was transformed into the Central Intelligence Agency by implementation of the National Security Act of 1947. Unlike the Federal Bureau of Investigation (FBI), which is a ...
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Norwegian Ministry Of Trade And Industry
The Royal Norwegian Ministry of Trade and Industry (Norwegian: Nærings- og handelsdepartementet) was a Norwegian ministry responsible for business, trade and industry. On 1 January 2014 it was merged into Ministry of Trade, Industry and Fisheries. From 2013 it was led by Monica Mæland (Conservative Party), who continued as minister of trade, industry and fisheries from 2014 to 2018. History The Norwegian Ministry of Trade, Shipping, Industry, Craft and Fisheries was created on 1 October 1916. After this, the ministry underwent several name changes: to Ministry of Trade, Shipping and Industry on 1 July 1946, to Ministry of Industry, Craft and Shipping on 6 December 1947, to Ministry of Industry and Craft on 1 January 1955, to Ministry of Industry 1 January 1988, to Ministry of Industry and Energy on 1 January 1993 and to Ministry of Trade and Industry on 1 January 1997. Organisation The Ministry of Trade and Industry has six departments. The Press and Communications Division is par ...
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Store Norske Spitsbergen Kulkompani
Store Norske Spitsbergen Kulkompani (SNSK), or simply Store Norske, is a Norwegian coal mining company based on the Svalbard archipelago. It was formed in 1916, after a Norwegian purchase of the American Arctic Coal Company (ACC). The company has 360 employees and operated two coal mines. The larger one was located in the Sveagruva settlement, about 60 km south of Longyearbyen. The Svea Nord longwall mine has an annual output of 2 million tonnes of bituminous coal. A third of it is sold for metallurgical purposes. The managing director of Store Norske Spitsbergen Kulkompani was Per Andersson. The Sveagruva mine closed in 2017. The Store Norske Spitsbergen Kulkompani has a shipping port at Cape Amsterdam, 15 km from Sveagruva. In 2021, the Store Norske Spitsbergen Kulkompani was ranked no. 81 in the Arctic Environmental Responsibility Index (AERI) that covers 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle. History Store ...
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Longyearbyen
Longyearbyen (, locally lɔ̀ŋjɑrˌbyːən "The Longyear Town") is the world's northernmost settlement with a population greater than 1,000 and the largest inhabited area of Svalbard, Norway. It stretches along the foot of the left bank of the Longyear Valley and on the shore of Adventfjorden, the short estuary leading into Isfjorden on the west coast of Spitsbergen, the island's broadest inlet. As of 2002 Longyearbyen Community Council became an official Norwegian municipality. It is the seat of the Governor of Svalbard. The town's mayor is Arild Olsen. Known as Longyear City until 1926, the town was established by and named after American John Munro Longyear, whose Arctic Coal Company started coal-mining there in 1906. Store Norske Spitsbergen Kulkompani (SNSK) took over the mining operations in 1916, and still conducts mining. The German ''Kriegsmarine'' almost completely destroyed the town on 8 September 1943, but rebuilding took place after the Second World Wa ...
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Adventdalen
Adventdalen ( en, Advent Valley)Kruse, Frigga. 2013. ''Frozen Assets: British Mining, Exploration, and Geopolitics on Spitsbergen, 1904–53''. Groningen: University of Groningen, p. 207. is a valley that is the broader term for Adventdalselva (''Advent Valley River'') on the island Spitsbergen in Svalbard, Norway. The valley and the river flow into Adventfjorden and further into Isfjorden. The end of the valley is at Haugen in Longyearbyen, close to the University Centre in Svalbard. The valley originates from the mountains Slottet and Tronfjellet, under the glaciers Hellefonna and Drønbreen. It runs westwards towards the fjord. From northwest, the branch valleys are: Mälardalen, Helvetiadalen, Eskerdalen, Janssondalen, Foxdalen, Bolterdalen, Todalen Todalen is a village on the north shore of the Vinjefjorden in Aure Municipality in Møre og Romsdal county, Norway. It is located about south of the municipal center of Aure. Until the beginning of the 19th century ...
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Wikisource
Wikisource is an online digital library of free-content textual sources on a wiki, operated by the Wikimedia Foundation. Wikisource is the name of the project as a whole and the name for each instance of that project (each instance usually representing a different language); multiple Wikisources make up the overall project of Wikisource. The project's aim is to host all forms of free text, in many languages, and translations. Originally conceived as an archive to store useful or important historical texts (its first text was the ), it has expanded to become a general-content library. The project officially began on November 24, 2003 under the name Project Sourceberg, a play on the famous Project Gutenberg. The name Wikisource was adopted later that year and it received its own domain name. The project holds works that are either in the public domain or freely licensed; professionally published works or historical source documents, not vanity products. Verification was initial ...
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Norwegian Coast Guard
The Norwegian Coast Guard ( no, Kystvakten) is a maritime military force which is part of the Royal Norwegian Navy. The coast guard's responsibility are for fisheries management, fisheries inspection, customs enforcement, border control, law enforcement, shipping inspection, environmental protection, and search and rescue. It operates throughout Norway's exclusive economic zone (EEZ), internal waters and territorial waters. It is headquartered at Sortland Naval Base. In 2013 the Coast Guard had 370 employees, including conscripts, and a budget of 1.0 billion Norwegian krone. The force is subdivided into three main divisions. The Outer Coast Guard covers the EEZ and consists of three Nordkapp-class offshore patrol vessel, ''Nordkapp''-class offshore patrol vessels, three Barentshav-class offshore patrol vessel, ''Barentshav''-class offshore patrol vessels as well as NoCGV Ålesund, ''Ålesund'', NoCGV Svalbard, ''Svalbard'' and NoCGV Harstad, ''Harstad''. The Inner Coast Guard ...
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Value Added Tax
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production, distribution, or sale to the end consumer. If the ultimate consumer is a business that collects and pays to the government VAT on its products or services, it can reclaim the tax paid. It is similar to, and is often compared with, a sales tax. VAT is an indirect tax because the person who ultimately bears the burden of the tax is not necessarily the same person as the one who pays the tax to the tax authorities. Not all localities require VAT to be charged, and exports are often exempt. VAT is usually implemented as a destination-based tax, where the tax rate is based on the location of the consumer and applied to the sales price. The terms VAT, GST, and the more general consumption tax are sometimes used interchangeably. VAT raises about a fifth of total tax revenues bo ...
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Income Tax
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income. The tax rate may increase as taxable income increases (referred to as graduated or progressive tax rates). The tax imposed on companies is usually known as corporate tax and is commonly levied at a flat rate. Individual income is often taxed at progressive rates where the tax rate applied to each additional unit of income increases (e.g., the first $10,000 of income taxed at 0%, the next $10,000 taxed at 1%, etc.). Most jurisdictions exempt local charitable organizations from tax. Income from investments may be taxed at different (generally lower) rates than other types of income. Credits of various sorts may be allowed that reduce tax. Some jurisdicti ...
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Dependent Territory
A dependent territory, dependent area, or dependency (sometimes referred as an external territory) is a territory that does not possess full political independence or sovereignty as a sovereign state, yet remains politically outside the controlling state's integral area. A dependent territory is commonly distinguished from a country subdivision by being considered not to be a constituent part of a sovereign state. An administrative subdivision, instead, is understood to be a division of a state proper. A dependent territory, conversely, often maintains a great degree of autonomy from its controlling state. Historically, most colonies were considered to be dependent territories. The dependent territories that currently remain in the world today generally maintain a very high degree of political autonomy. Not all autonomous entities, though, are considered to be dependent territories. Most inhabited dependent territories have their own ISO 3166 country codes. Some political entiti ...
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Norwegian Antarctic Territories
Norway has three dependent territories ( no, biland), all uninhabited and located in the Southern Hemisphere. Bouvet Island (Bouvetøya) is a sub-Antarctic island in the South Atlantic Ocean. Queen Maud Land is a sector of Antarctica which spans between the 20th meridian west and the 45th meridian east. Peter I Island is a volcanic island located off the coast of Ellsworth Land of continental Antarctica. Svalbard is not formally considered to be a dependency. While the Svalbard Treaty regulates some aspects of that Arctic territory, one article acknowledges that these islands are part of Norway. Similarly, Jan Mayen is recognized as an integral part of the nation. Both are unincorporated areas. Both Peter I Island and Queen Maud Land are south of 60°S and are thus part of the Antarctic Treaty System. While the treaty states that the claims are not affected by the treaty, only the other countries with claims recognize Norwegian sovereignty on the island. The dependencies are ad ...
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