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{{WIP}}{{Infobox country|demonym=Valkyr|legislature=
'''The Crown Jarldom of Vakrestrender Isles''', more
Vakrestrender has been center for media, entertainment and maritime trade between [[North Concordian Economic Forum]] and [[United Nations of the Auroran Continent]]. It is the seat for [[Akuan Development Bank]] and the [[Lotus Development Bank]], as well several important firms for entertainment such as [[Nordflix]]. The country is a headquarters for various media and news agencies outlets within the [[North Concordian Economic Forum]] such as Norgsveltian National News. The country is considered to be a [[International Financial Centres Index#Specialist Financial Centres|Specialist Financial Centre]], due to its disproportionate influence in media, news and presence with in the [[Akuanism|Akuan]] world.
== History ==
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An charismatic Prime Minister Torbjørn Flaten formed a government as an independent politician with a coalition government with the Liberal and Social Democratic parties. Shifting from fishing industries towards service and entertainment focused industries. Liberals pushed for becoming a tax haven for Norgsveltian entertainment and the Social Democratic finally agreed to the tax reforms in the 1940s. After being assured by several entertainment executives they will establish a “tourist paradise” and bribe the heads of the democratic party. In 1943 the parliament formally legalizing casino gambling and approved the building of several resorts all across the isles. Construction payed for by the entertainment companies with loans from Vakrestrender central bank. Dozens of resorts, entertainment and relaxation business was built practically over night. A massive ad campaign was launched with the combined efforts of entertainment industry and government, targeting the Norgveltian speaking world.
The bribery scandal was exposed later in the 1960s and several department heads of the government were arrested. The Crown State decided to not press charges on the entertainment industries, instead reaching a backroom deal where they would create several luxury entertainment complexes and pay for the creation of a new airport.
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== Politics ==
Vakrestrender are a [[Norgsveldet#Crown States|Crown State]] under [[Norgsveldet]] and the last of [[Norgsveltian Crown Realm]] to still have Norgsveldet as their sovereign. The Valkyr government holds dejure authority over Valkyr affairs including legislative, executive and judicial. The latter, judicial issue being a hot topic recently with the election of former Norgsveltian Prime Minister [[Johanna Sverdrup]] becoming the Valkyr Prime Minister. The head of the state of the isles is the Norgsveltian Monarch, the current monarch being King [[Olav I]] but his authority to rule over the Crown State is trusted to the royal family of Vakrestrender, the [[Bjørn dynasty|Bjørn Family]] and the current monarch being Jarl [[Jørgen Bjørn]]. The Valkyr parliament, Høvdingting the dates after the first Jarl of the country died, his two dozen husbands and wife establish a democratic meeting place to discuss issues to the realm with the Jarl Bjørn the IIth, signed off on it. Being the second longest continuously running [[Akuan Democracy]] in the world, the first being [[Ma Moku]]. The parliament has 500 seats in total, with the lower house the Leietakere having 400 seats and being the primary piece of legislature while the upper house the Grunneiere only has 100 seats. Positions in the Grunneiere are unelected apolitical positions, representing businesses representatives but holds no real power and is mostly filled with [[Bjørn Trust]] owned-companies. Grunneiere effectively being a prestige position within Valkyr society, and in the greater [[Norgsveltian Crown Realm]] society. Vakrestrender formally use to maintain no military, with [[Norgsveltian Armed Forces]] responsible for its defense and [[NCIS]] acting as the royal guard. However in 2024, in a sudden change in policy, Vakrestrender now maintains two divisions as a royal guard both of which is made up of non-Valkyr natives. The royal guard divisions, has a ceremonial guard, which is in-charge of some limited security matters but primary acts as a guards for the [[Bjørn's Castle]] and other royal holdings while the other division is simply called the Royal Guard which acts more as security force for the Jarl and replaced the [[NCIS]]. Both divisions being made up from [[Norgsveltian Armed Forces]] and [[Côtois Combined Armed Forces]].
Vakrestrender budget is mostly taken from the [[Bjørn Trust]], which acts a unofficial sovereign wealth fund of the country. The Trust pays for all social welfare within the country, including education, welfare and healthcare which most services are usually owned by the [[Bjørn Trust]] in someway or form. In addition to social spending, the trust also funds all cultural events and holidays, in the case of [[Bjørn's Tax Avoidance Day]] created new holidays.
The [[Valkyr Shrine Authority]], is defacto under the authority of the [[Bjørn dynasty|Bjørn Dynasty]] but after [[Akuan Atrocities]] and the death of Jarl Bjørn IVth's sister. Jarl Bjørn IVth gave authority to the Brewmaster council, to be dejure independent of the royal family. The Vakrestrender being the only [[Akuan Democracy]] that is both independent and secular, as well the Shrine Authority being openly secular Akuanist. The Jarl of Vakrestrender holds the position of Royal-Chair to the Brewmaster council.
{| class="wikitable"
|+Leietakere
!Norgsveltian Name
!Staynish Name
!Ideology/Positions
!Seats
|-
|Liberalt Blad
|Liberal Leaf
|Crown Statism; Valkyr [[Akuan Democracy]]; Small Businesses
|68
|-
|Familie og Tradisjon
|Family and Tradition
|Norgsveltian-Unity; Valkyr [[Akuan Democracy]]; Charter School Reform
|237
|-
|Liberalt-Eikenøtt
|Liberal Acorn
|Independence; Valkyr Akuan Democracy; Small Businesses
|72
|-
|Øksetre
|Ax Wood
|Independence; Fishing Industry; Greens
|23
|}
=== Government ===
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==== Legislature ====
The legislature of Vakrestrender comprises of nine islands and a fixed number of MPs at 500 seats. Being a unconventional bicameral parliament, even by [[Akuanism|Akuan]] standards. While technically considered to be a [[Akuan Democracy]], the upper house the Grunneiere is unelected apolitical seats for businesses representatives and has no real power, but does act a status of prestige to be invited into it. As most [[Akuan Democracy]] use the upper house for community elected brewmasters, but due to the secularization of the population it was changed to be more for business during the Valkyr miracle. The Leietakere, the lower house acts as the primary body of legislation and holds 400 MPs seats.
Elections are held every four years, and it is the responsibility of the Jarl to announce new elections and appoints the day of election. In addition to opening the parliament after elections. The PM and the Jarl tend to work closely together, more than what is seen as typical for most constitutional or ceremonial monarchies.
==== '''Executive''' ====
The royal family of Vakrestrender is entrusted by the Monarch of Norgsveldet to wield the executive authority over the jarldom and reserves the right to speak in favor of Valkyr affairs in the Norgsveltian legislature relating or impacting to Vakrestrender. Though defacto, the authority is handed to Valkyr PM. After parliament elections, the leader of the party with the most seats establishes a coalition and selects minister positions jointly from the coalition, which include the prime minister seat. The new government receives the blessing to form the new government by the Jarl of Vakrestrender and the Valkyr Shrine Authority Brewmaster council.
==== Judicial ====
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=== Foreign Relations ===
[[Norgsveldet]] is defacto in-charge of foreign relations of Vakrestrender however after the [[Akuan Atrocities]]. Norgsveltian government allows the royal family of Vakrestrender to establish limited relations with other nations, provided it is non-militarial and non-economic in nature. As a result, Valkyr Jarls have setup and establish numerous educational, research and cultural programs with other nations. The largest being the [[Valkyr Media Arts Festival]], a premier art festival and the [[Ulvrikian-Auroran Film Festival]].
====
Vakrestrender and [[
{| class="wikitable"
|+
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|-
|1982
|The
|The film festival host switch changes between the
|-
|1982
|Invitations to the Ulvrikian Animation Expo
|The Royal house of Bjørn extend a official yearly invitation to the Royal family and PM of
|-
|1982
|Visteue-Makuh University Exchange Network
|University Exchange Network is designed around student exchange programs throughout Aurora and Vakrestrender.
|-
|1984
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|-
|1984
|Valkyr-
|With close ties of Whale Research, it focus more on the seafloor and marine ecosystem around Vakrestrender and
|-
|1985
|
|
|-
|1987
|Joint-
|Akuan festivals in Vakrestrender bring in Jūs culture to the event. With
|-
|1993
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!Description
|-
|1982
|Invitations to the Ulvrikian Animation Expo
|The Royal house of Bjørn extend a official yearly invitation to the Foreign Minister to the Animation Expo hosted Vakrestrender capital. With a invitation to stay at the Bjørn castle for the duration.
|-
|1983
|The [[Ulvrikian-Auroran Film Festival]]
|The film festival host switch changes between the Ulvrikian and Auroran nations, in each other's capitals.
|-
|
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|
|
|}
==== Oscrelia ====
Valkyr and [[Oscrelia|Oscrelian]] previously had troubled relations until 1979 after the fall of the dictatorship and the [[Auroran Imperial War|AIW]] fallout. Vakrestrender sent a delegation to the new democratic country, offering several programs and initiatives to assist in rebuilding and investment into the country. Bjørn Trust being heavily involved in investing the country. In present times, relations are quite warm and friendly with Bjørn Trust still being invested into [[Oscrelia]].
{| class="wikitable"
!Date
!Title of the Program or Event
!Description
|-
|1982
|Invitations to the Ulvrikian Animation Expo
|The Royal house of Bjørn extend a official yearly invitation to the Foreign Minister to the Animation Expo hosted Vakrestrender capital. With a invitation to stay at the Bjørn castle for the duration.
|-
|1984
|The [[Ulvrikian-Auroran Film Festival]]
|The film festival host switch changes between the Ulvrikian and Auroran nations, in each other's capitals.
|-
|1984
|Valkyr-Oscrelian University Exchange Network
|University Exchange Network is designed around student exchange programs throughout Aurora and Vakrestrender.
|-
|1987
|Joint-Akuan Festivals
|Akuan festivals in Vakrestrender bring in Oscrelian culture to the event. With Oscrelian cultural stalls being mixed in with the Akuan own stalls.
|-
|1989
|Joint-Whale Research Program
|Joint venture between varies universities to research whales within the Pacific, Sempiternic and Packilvanian ocean.
|-
|1989
|Valkyr-Oscrelian Aquaculture Education Exchange Program
|With close ties of Whale Research, it focus more on the seafloor and marine ecosystem around Vakrestrender and Auroran nations.
|}
== Economy ==
The island chain is dominated by four industries: Tourism, Entertainment Media, Maritime shipping, and financial services. The [[Bjørn Trust]], acts as the de facto sovereign wealth fund and operates as the largest investor into native Valkyr companies. Resulting in a majority of the Valkyr economy being owned fully or partly owned by the [[Bjørn Trust]]. The financial services sector, has been topic of some controversy for it's tax haven policies. Regardless of the policies, Vakrestrender is the heart of investments into Akuan countries and one of the world's largest investors into media in general. [[Lotus Development Bank]] acts as one of the main firms for media entertainment investment, though it is for more traditional media such as television stations. Vakrestrender hosts the world's largest mostly densely concentrated film and animation studios in the world, in particular the animation industry of Vakrestrender generally being regarded by critics as one of the if not the best animation studios outright. The Valkyr entertainment industry is heavily boosted by hosting a number of contests and film festivals such as [[Valkyr Media Arts Festival]], [[Ulvrikian-Auroran Film Festival]] and any other number of film festivals.
Tourism industry is a primary employer of the Valkyr people, with maritime shipping industry being a distant second. The tourism industry is spread across all isles of the Valkyr chain, which itself covers most aspects of the tourism industry such as nature or entertainment. The largest island of Vakrestrender, Bjørniszna is completely urbanized and accommodations millions of tourists each year. [[Bjørn Parks, Experiences and Resorts]], having several amusement parks, business professional resorts and hotels on the island, all of which is centered around the main island. Tourists come to Vakrestrender for any number of reasons, but the largest reasons such as amusement through the amusement parks, film, or any other leisure activities.
=== Tourism ===
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'''Gambling in Vakrestrender''' has been legal since the 1943 as part of the deals with [[Norgsveldet|Norgsveldian]] entertainment industries. Since then, Vakrestrender has became the largest gambling center in the Norgsveldian speaking world. Gambling tourism is the largest source of revenue for the country and the largest share of the tourism sector. Visitors are made up from primary of from the Ulvikrik sphere, with a notable amount coming from the nearby Auroran nations.
As a rule, gambling in the Vakrestrender can be divided into one of five categories: casino games, horse racing, lotteries, sports and results of elections betting. This is not including the online gambling platforms, which heavily contributes to the gambling economy. Notably slot machines have been banned in the country, after a scandal in 1968 where the casino "''Golden Bridge''" was exposed for rigging their slot machines. Resulting in a massive public out cry to ban slot machines outright fearing it will damage the tourism industry reputation. Despite concerns of slot machines, they continue be part of the gambling industry and they they did not suffer a drop in tourism rates in the year.
=== Jewelry ===
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Valkyr fashion industry was heavily subsisted in the 1950s and provided with low taxation status. As well as using connections from from the Royal Bjørn family to create network of various garment industry heads with fashion artists and designers. Acting as a middle man and the third party arbitrator for the fashion industry, a tradition carried out by royal family to this day by [[Jørgen Bjørn]].
===
==== Animation ====
The animation industry of Vakrestrender consists of more than 300 production companies organized into a trade association, Association of Ulvrikian Animations. The largest trade union for workers in the industry being the Animation Labor Association. The industry primary driven by the Bjørn family's patronage, healthy government subsidies in art and entertainment related industries.
====
===
[[File:Bold Eagle container ship.jpg|thumb|Valkyr cargo vessel (2017)]]
Vakrestrender maintains a large maritime commercial fleet primary bought from the [[Norgsveldet]] through out the years. Vakrestrender acting as the middle-man and center for [[North Concordian Economic Forum|NCEF]] and the [[United Nations of the Auroran Continent|UNAC]] trading. Starting in 1989, originally trading from [[North Concordian Economic Forum|NCEF]] members to individual Auroran nations until the formation of the [[UNAC]] in 2018 lead to more formal relations between the two trading blocks with Vakrestrender acting middle ground for the commerce.
=== Financial center ===
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