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What We’re Watching: Left wins Norway’s climate vote, everyone wants India’s jabs, junta denied Myanmar’s UN seat

Norway's climate election result: Most votes have now been counted from Norway's parliamentary election, and the left-leaning Labour party, headed by former FM Jonas Gahr Støre, has reaped 46 out of 168 seats up for grabs, ousting the conservative government led by PM Erna Solberg. Støre will now try to form a coalition government that's expected to include the agrarian Centre Party as well as the Socialist Party. The election was broadly seen as a referendum on climate change policy, given that oil accounts for more than 40 percent of Norway's exports and employs 7 percent of the entire workforce — though Norway itself has rolled out an ambitious green agenda at home. Støre says that he'll limit new oil explorations, but has ruled out getting rid of fossil fuels, saying that oil revenues could help fund the transition away from oil in the long run. Importantly, the Greens, the only political party that called for an end to all oil exploration, reaped only 4 percent of the vote, and is therefore unlikely to yield enough (or any) influence. Regardless, Støre may need to incorporate some smaller left-wing parties in his coalition that could force him to take a more forceful stance on climate change, like raising carbon taxes.

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Will Norway pull the plug on itself?

What do you do when the thing that has helped to make you a rich, prosperous, and healthy democracy is also destroying the planet that you want to save? That's the choice before the roughly five million people of Norway as they head into a pivotal election on September 13.

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Viktor Orban's authority in Hungary; uptake of contact-tracing apps

Carl Bildt, former Prime Minister and Foreign Minister of Sweden, with the view from Europe:

Will Hungary's move to end "rule by decree" minimize Viktor Orban's authority?

Well, the answer to that one is no. They have evidently felt the need for some facelift on the nature of what is going on in Hungary. They've done that. But it doesn't change anything of the substance. He's ruling in an increasingly authoritarian manner in his country.

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Axiata and Telenor in mega Asian telco tie-up

May 07, 2019 5:00 AM

State-controlled telco giant Axiata revealed yesterday it will take a minority stake in a merger of Asian operations with Norwegian counterpart Telenor, in a huge deal expected to unlock the value of the Malaysian firm's extensive holdings in the region.

Khazanah's Axiata in deal with Norway's Telenor in major Asian telco tie-up

May 06, 2019 11:44 AM

KUALA LUMPUR - Sovereign wealth fund Khazanah Nasional is set to monetise its stake in telco giant Axiata in a deal with Norway's Telenor, with a major tie-up of their Asian operations to be announced on Monday (May 6).

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