Nation Prepares for Royal Farewell Amidst Economic Shifts
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Norway is preparing for the funeral of the late King Harald V, with the Polish President confirming attendance and warnings issued regarding significant traffic disruptions on the E6 highway and at Oslo Airport.
Economically, the country sees varied activity, including a rise in Multiconsult's stock following a merger deal, revelations of China's central bank holding billions in major Norwegian company shares, and a concerning increase in forced home sales, reaching the highest level since 2021. The energy sector has reported substantial profits, while Obos announced a reduction of approximately 200 employees.
Other domestic news includes widespread public complaints against the Norwegian Meteorological Institute, the transfer of responsibility for Norway's largest nuclear waste facility to NND in Halden, and a sharp increase in court-ordered psychiatric sentences straining hospital bed capacity.