Friday, October 10, 2025

Polaris of Enlightenment

The Danish economy is growing

Published 21 February 2025
– By Editorial Staff
The pharmaceutical industry accounted for about 55% of Denmark's total GDP growth.
1 minute read

Denmark’s GDP increased last year, according to figures from Statistics Denmark. The pharmaceutical industry is highlighted as the main driver of growth.

In the fourth quarter of 2024, Denmark’s GDP grew by 1.6%. For the whole year, growth amounted to a total of 3.6 percent.

Statistics Denmark points to the pharmaceutical industry as the main driver of last year’s economic growth. The industry grew by 30% in 2024 and accounted for around 55% of the country’s total GDP increase.

– It is good for individual households and the higher demand benefits a broader part of the economy, so industries other than the pharmaceutical industry are helping to drive growth, says Minister of Economic Affairs Stephanie Lose (V) in a comment on the news, according to Danish state channel DR.

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Danish government wants to ban social media for children

Published yesterday 12:44
– By Editorial Staff
Children under 15 banned from social media, with parental consent allowed from age 13.
2 minute read

The Danish government is moving in the same direction as neighboring Norway and wants to see a ban on social media for children. The proposal means that all children under 15 years old would not be allowed to create accounts on social media platforms.

During this week’s opening speech at the Folketing (Danish Parliament), which marks the beginning of autumn work for the Danish government, Prime Minister Mette Frederiksen declared that there are now plans to introduce a national age limit for social media.

Mobile phones and social media are stealing our children’s childhood, says Frederiksen according to Danish state broadcaster DR.

The proposal would mean that all children under 15 years old would be prohibited from creating accounts on social media. However, parents would be able to give their children permission from the day they turn 13.

Other countries have also moved in a similar direction. Neighboring Norway has also put forward a similar proposal for a national age limit of 15 years. In Australia, lawmakers have passed a law that means young people under 16 years old are not allowed to create accounts on social media.

“Unleashed a monster”

The Prime Minister points to screens creating both addiction and poor mental health among young people, and that the government wants to protect children from the digital reality that often contains things young people shouldn’t see. According to Frederiksen, parents have “said yes to mobile phones in our children’s lives with the best of intentions, so they could call home and communicate with their family members”.

But we have unleashed a monster, she says.

Bitcoin reaches new record – surpasses $125,000 in value

Alternative economic systems

Published 5 October 2025
– By Editorial Staff
1 minute read

The world’s leading cryptocurrency continues its rise and hit a new all-time high on Sunday, driven by dollar weakness and strong inflows to bitcoin ETFs.

Bitcoin rose to $125,689 on Sunday, once again reaching new record levels. The previous record was set in mid-August when the cryptocurrency reached $124,480.

The rise comes after eight straight days of gains, supported by positive developments in US stock markets and increasing investments in bitcoin ETFs – exchange-traded funds that allow investors to gain exposure to bitcoin without having to buy and store the cryptocurrency themselves. Meanwhile, the US dollar has weakened against most major currencies, partly due to uncertainty surrounding a possible US government shutdown.

Joshua Lim, analyst at crypto broker Falcon X, sees a clear connection:

With many assets at record levels, it’s not surprising that bitcoin is benefiting from dollar weakness.

Since the beginning of the year, bitcoin has risen over 30 percent, benefiting from more crypto-friendly policies under President Donald Trump’s administration and increased institutional interest in digital assets.

Gold prices at record levels

Published 29 September 2025
– By Editorial Staff
Experts worry about the soaring price of gold.
1 minute read

During the summer and fall of this year, gold prices have risen by over 40 percent, leading to trading near $3,800 per ounce. The sharp increase has raised concerns among economists and investors.

One of the primary factors behind the price increase is US President Donald Trump’s policy, which aims to reduce America’s national debt. As part of this strategy, Trump hopes to weaken the dollar, making gold more attractive as a safe haven asset.

A weaker dollar makes gold cheaper for investors in other currencies, further driving up demand. Currently, one US dollar costs approximately €0.85, which represents a notable depreciation in just a few months.

Several major banks have raised their forecasts for gold prices. Goldman Sachs predicts that prices could rise to over $4,000 per ounce within a year, provided that central banks continue buying gold and investors increase their gold positions.

Despite the positive development, there are also warnings. Experts point out that gold prices can become volatile and that a sudden interest rate hike or improved global economic stability could lead to a rapid price decline.

Investors are therefore advised to be cautious and not put all their assets in gold.

The rapid price increase in gold reflects a world in economic uncertainty, where pressure on US finances and its currency policy could have far-reaching consequences worldwide.

China plans fully AI-controlled economy by 2035

The modern China

Published 26 September 2025
– By Editorial Staff
By 2035, AI is planned to have "completely reworked Chinese society" and implemented a new phase of economic and social production.
2 minute read

The Chinese government has presented an ambitious ten-year plan where artificial intelligence will permeate all sectors of society by 2035 and become the “main engine for economic growth”.

China’s State Council has published a comprehensive plan aimed at making the country the world’s first fully AI-driven economy within eleven years. According to the government document presented at the end of August, artificial intelligence will have transformed Chinese society by 2035 and become the foundation for what is described as “a new phase of development in intelligent economy and intelligent society”.

The plan, which spans ten years, encompasses six central societal sectors that will be permeated by AI technology by 2027. These include science and technology, citizen welfare, industrial development, consumer goods, governance, and international relations.

The goal: 90 percent usage by 2030

According to the timeline, AI technology should reach a 90 percent usage rate by 2030 and practically become a new type of infrastructure. At this point, the technology is expected to have developed into a “significant growth engine for China’s economy”.

The strategy resembles the country’s previous “internet plus” initiative, which successfully integrated the internet as a central component in the Chinese economy.

By 2035, AI should according to the plan have “completely reworked Chinese society” and implemented a new phase of economic and social production. This is an ambitious goal with significant consequences, not only for the People’s Republic but for the entire world.

International cooperation in focus

The State Council emphasizes that AI should be treated as an “international public good that benefits humanity”. The plan highlights the importance of developing open source AI, supporting developing countries in building their own technology sectors, and the UN’s role as a leader in AI regulation.

Although China’s AI industry is growing rapidly, as exemplified by the open AI platform DeepSeek’s successes earlier this year, Chinese models still lag several months behind their American counterparts in terms of average performance. This is largely due to restrictions and barriers that Western countries have imposed.

However, the gap is steadily narrowing. At the end of 2023, American AI models performed better than Chinese ones in 13 percent of general reasoning tests. By the same time in 2024, this figure had dropped to 8.1 percent. In certain AI applications, China is already a world leader and has invested heavily in offering its services at low prices and in many cases completely free as open source.

The State Council’s ten-year plan aims to further reduce the lead by strengthening key areas such as fundamental model performance, security measures, data access, and energy management.

Whether Beijing can deliver on its massive goals with the help of sometimes unreliable technology remains to be seen. However, if other nationally coordinated plans are any indication, the country may face a comprehensive transformation.

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