Norway’s $2 Trillion Wealth Fund Terminates Agreements with Israeli Asset Management
Norwegian Wealth Fund Ends Israeli Investments Norway’s sovereign wealth fund, valued at $2 trillion, has terminated its contract with asset managers overseeing its Israeli investments. This decision comes as the fund opts to divest some of its domestic portfolio due to the ongoing situation in Gaza and the West Bank. The fund’s announcement follows an […]
Norway’s Crown Princess Mette-Marit’s rare chronic lung condition worsens in heartbreaking update
The Norwegian royal has issued a heartbreaking update on Princess Crown Prince Mette Maritt's rare cancer battle, saying that she needs “more rest” as her situation worsens. The 51-year-old royal family is losing health in her fight Pulmonary fibrosis – An incurable condition that injures the lungs and causes shortness of breath. The Palace has […]
Norway’s state oil firm lobbying to open Rosebank oilfield halves green investments | Oil
Norwegian oil companies, which are fighting to open a huge new oil field off the coast of Shetland, have reduced billions of pounds from the Green Expenditure Plan, supporting more fossil fuels. On Wednesday, the Equer set a plan to half investment in low -carbon energy while producing more oil and gas, and became the […]
Elon Musk declines dinner with Norway’s Nicolai Tangen
Tesla's founder, Elon Musk, voted against his large salary package, and then refused dinner from Norwegian's largest Soblin Wealth Fund's boss. Nicolai Tangen, a 1.7 trillion Wealth Fund Norges Bank Investment Management, invited Tech Titan to participate in dinner at Oslo's home in October. A few months ago, Tesla, one of the largest investors in […]
An ageing king, his clairvoyant daughter and her celebrity shaman – welcome to Norway’s epic reality show | Aslak Nore
IWhat should have been the perfect Instagram wedding photo turned into something much more embarrassing. In the picturesque village of Geiranger, the jewel of Norway's fjords and a UNESCO World Heritage Site, Princess Märtha Louise scurried to a sheet-covered tent to thwart rival photographers. The rights to the photos from her wedding to American shaman […]
Norway’s announcement is a reminder that defense spending is a NATO success story
Last week, the Norwegian government presented a new long-term defense plan that, if adopted, would double The country’s defense budget will reach that size in just over a decade. Norway’s plan was announced shortly after the country announced in March that: Plans to spend 2% of GDP on defense in 2024achieved NATO benchmarks two years […]