Norway’s Wealth Fund Lost $74B

The Oslo-based fund lost $74 billion in the first quarter, a 4.9% decline, according to a statement on Thursday. The world’s biggest owner of publicly traded companies faced a worsening outlook already before Russia’s full-scale invasion of Ukraine dented the …

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Norway’s $1 trillion sovereign wealth fund is getting stricter on the companies it invests in. It said that it expects businesses to “manage the challenges and opportunities related to sustainable uses of the ocean.”

via cnbc: Businesses should integrate ocean sustainability into strategy, according to Norges Bank Investment Management. Firms should also disclose how ocean sustainability forms part of their strategies, policies and commitments. Norway’s $1 trillion sovereign wealth fund has said that it …

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Flexing Military Muscles: Norway buzzes Russian border with biggest military drill since Cold War

5,000 troops & 400 vehicles: Norway buzzes Russian border with biggest drill in 50yrs http://t.co/TBFkFRXNLa pic.twitter.com/MOd99hVAUQ — RT (@RT_com) March 10, 2015 750 pieces of US Army military equipment like tanks & helicopters, arrived in Riga, Latvia: http://t.co/nd8eQrqicJ pic.twitter.com/WifWr7EmPG — …

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