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World’s best-funded pension market has $650bn warning

  Bloomberg No country on the planet is better prepared to pay for its aging population than Denmark. But a nation whose pension industry has been ahead of the curve for decades is now bracing for a fundamental shift that most people probably aren’t prepared for, according to the financial regulator. Jesper Berg, the director general of the Financial Supervisory ...

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Trump’s NATO spending demand bane for Denmark’s welfare state

  Bloomberg Meeting Donald Trump’s demands on defense spending could allow NATO-member Denmark to buy a dozen F-35 fighter jets and four frigates. While it’s questionable the added firepower would stop a hypothetical Russian invasion, the cost of rearming would certainly cause serious damage to its cherished welfare state. During his presidential campaign, the victorious Republican candidate raised alarm among ...

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70,000 homes without power in storm-hit France

  Paris / AFP Winds gusting to hurricane force left nearly 70,000 homes in western and northwestern France without power Sunday, the national electricity grid Enedis said. The national weather agency Meteo France said winds powering to 160 kilometres (100 miles) per hour battered the Breton peninsula and Normandy coast overnight, and two other regions remained under a storm alert. ...

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