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Mongstad Scandal
The Mongstad scandal was a crisis in the Norwegian oil company Statoil in 1987–88. The company exceeded the NOK 8 billion budget by NOK 6 billion in upgrading the oil refinery at Mongstad. Retrospectively the reasons for the overexpenditure were attributed to bad planning, technical miscalculations and bad project management. The executives in Statoil were also accused of inability to act and for withholding information from the Norwegian Ministry of Petroleum and Energy. At the time the incident aroused considerable media attention. The first warnings of a budget overspend came on 25 September 1987, when the over-expenditure was estimated at NOK 3,8 billion. On 20 November most of the board of directors had to resign. The board was led by chairman Inge Johansen and deputy chairman Vidkunn Hveding since 1984. The other board members who also resigned were Thor Andreassen (member since 1978), Fredrik Thoresen (member since 1984), Guttorm Hansen (member since 1986) and Toril V. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. The maritime influence dominates Norway's climate, with mild lowland temperatures on the se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Synonym
A synonym is a word, morpheme, or phrase that means exactly or nearly the same as another word, morpheme, or phrase in a given language. For example, in the English language, the words ''begin'', ''start'', ''commence'', and ''initiate'' are all synonyms of one another: they are ''synonymous''. The standard test for synonymy is substitution: one form can be replaced by another in a sentence without changing its meaning. Words are considered synonymous in only one particular sense: for example, ''long'' and ''extended'' in the context ''long time'' or ''extended time'' are synonymous, but ''long'' cannot be used in the phrase ''extended family''. Synonyms with exactly the same meaning share a seme or denotational sememe, whereas those with inexactly similar meanings share a broader denotational or connotational sememe and thus overlap within a semantic field. The former are sometimes called cognitive synonyms and the latter, near-synonyms, plesionyms or poecilonyms. Lexicograph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heckler & Koch G3
The Heckler & Koch G3 (''Gewehr'' 3) is a 7.62×51mm NATO, select-fire battle rifle developed in the 1950s by the German armament manufacturer Heckler & Koch (H&K) in collaboration with the Spanish state-owned design and development agency CETME (''Centro de Estudios Técnicos de Materiales Especiales''). The modular designed G3 has over the years been exported to over 70 countries and manufactured under licence in at least 15 countries, bringing the total number built to around 7,800,000. The G3 was the service rifle of the armed forces of Germany until it was replaced by the G36 in the 1990s. History The origin of the G3 can be traced back to the final years of World War II when Mauser engineers at the Light Weapon Development Group (''Abteilung 37'') at Oberndorf am Neckar designed the ''Maschinenkarabiner Gerät 06'' (MKb ''Gerät'' 06, "machine carbine device 06") prototype assault rifle chambered for the intermediate 7.92×33mm ''Kurz'' cartridge, first with the '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dagbladet
''Dagbladet'' (lit.: ''The Daily Magazine'') is one of Norway's largest newspapers and is published in the tabloid format. It has 1,400,000 daily readers on mobile, web and paper. Traditionally ''Dagbladet'' is considered the main liberal newspaper of Norway, with a generally liberal progressive editorial outlook, to some extent associated with the movement of cultural radicalism in Scandinavian history. The paper edition had a circulation of 46,250 copies in 2016, down from a peak of 228,834 in 1994. The editor-in-chief is Alexandra Beverfjord, the political editor is Geir Ramnefjell, the news editor is Frode Hansen and the culture editor is Sigrid Hvidsten. ''Dagbladet'' is published six days a week and includes the additional feature magazine ''Magasinet'' every Saturday. Part of the daily tabloid is available at ''Dagbladet.no'', and more articles can be accessed through a paywall. The daily readership of ''Dagbladet''s online tabloid was 1.24 million in 2016. History '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fighter Jet
Fighter aircraft are fixed-wing military aircraft designed primarily for air-to-air combat. In military conflict, the role of fighter aircraft is to establish air superiority of the battlespace. Domination of the airspace above a battlefield permits bombers and attack aircraft to engage in tactical and strategic bombing of enemy targets. The key performance features of a fighter include not only its firepower but also its high speed and maneuverability relative to the target aircraft. The success or failure of a combatant's efforts to gain air superiority hinges on several factors including the skill of its pilots, the tactical soundness of its doctrine for deploying its fighters, and the numbers and performance of those fighters. Many modern fighter aircraft also have secondary capabilities such as ground attack and some types, such as fighter-bombers, are designed from the outset for dual roles. Other fighter designs are highly specialized while still filling the mai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retirement Home
A retirement home – sometimes called an old people's home or old age home, although ''old people's home'' can also refer to a nursing home – is a multi-residence housing facility intended for the elderly. Typically, each person or couple in the home has an apartment-style room or suite of rooms. Additional facilities are provided within the building. This can include facilities for meals, gatherings, recreation activities, and some form of health or hospital care. A place in a retirement home can be paid for on a rental basis, like an apartment, or can be bought in perpetuity on the same basis as a condominium. A retirement home differs from a nursing home primarily in the level of medical care given. Retirement communities, unlike retirement homes, offer separate and autonomous homes for residents. Retirement homes offer meal-making and some personal care services, according to ARCO. Assisted living facilities, memory care facilities and nursing homes can all be referr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kindergarten
Kindergarten is a preschool educational approach based on playing, singing, practical activities such as drawing, and social interaction as part of the transition from home to school. Such institutions were originally made in the late 18th century in Germany, Bavaria and Alsace to serve children whose parents both worked outside home. The term was coined by German pedagogue Friedrich Fröbel, whose approach globally influenced early-years education. Today, the term is used in many countries to describe a variety of educational institutions and learning spaces for children ranging from 2 to 6 years of age, based on a variety of teaching methods. History Early years and development In 1779, Johann Friedrich Oberlin and Louise Scheppler founded in Strasbourg an early establishment for caring for and educating preschool children whose parents were absent during the day. At about the same time, in 1780, similar infant establishments were created in Bavaria. In 1802, Princess P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tabloid (newspaper Format)
A tabloid is a newspaper with a compact page size smaller than broadsheet. There is no standard size for this newspaper format. Etymology The word ''tabloid'' comes from the name given by the London-based pharmaceutical company Burroughs Wellcome & Co. to the compressed tablets they marketed as "Tabloid" pills in the late 1880s. The connotation of ''tabloid'' was soon applied to other small compressed items. A 1902 item in London's ''Westminster Gazette'' noted, "The proprietor intends to give in tabloid form all the news printed by other journals." Thus ''tabloid journalism'' in 1901, originally meant a paper that condensed stories into a simplified, easily absorbed format. The term preceded the 1918 reference to smaller sheet newspapers that contained the condensed stories. Types Tabloid newspapers, especially in the United Kingdom, vary widely in their target market, political alignment, editorial style, and circulation. Thus, various terms have been coined to descr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yuppie
Yuppie, short for "young urban professional" or "young upwardly-mobile professional", is a term coined in the early 1980s for a young professional person working in a city. The term is first attested in 1980, when it was used as a fairly neutral demographic label, but by the mid-to-late 1980s, when a "yuppie backlash" developed due to concerns over issues such as gentrification, some writers began using the term pejoratively. History The first printed appearance of the word was in a May 1980 ''Chicago'' magazine article by Dan Rottenberg. Rottenberg reported in 2015 that he did not invent the term, he had heard other people using it, and at the time he understood it as a rather neutral demographic term. Nonetheless, his article did note the issues of socioeconomic displacement which might occur as a result of the rise of this inner-city population cohort. Joseph Epstein was credited for coining the term in 1982, although this is contested. The term gained currency in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Den Norske Creditbank
Den norske Creditbank or DnC is a defunct Norwegian commercial bank created in 1857. In 1990 it merged with Bergen Bank to create Den norske Bank (DnB). The bank was based in Oslo Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population ... and listed on the Oslo Stock Exchange. History During the 1960s and ’70s, the bank bought and merged with a number of regional and local banks in Norway, including Odda By- og Bygdebank (1964), Porsgrunds Ørebank (1964), Røkens Bank 1964, Oplandske Kreditbank (1966), Horten og Omegns Privatbank (1970), Privatbanken i Sandefjord (1970), Østfold Privatbank (1970), Finnmarkens Privatbank (1973), Haugesunds Forretningsbank (1973) and Opplandsbanken (1980). During the 1980s, DnC had expanded significantly both in Norway and internationally, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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