div > div.group > p:first-child"> The move is designed to reduce the aggregate oil price risk in the Norwegian economy, Finance Minister Siv Jensen said in a statement on its website.
After a strong start to 2019 for stocks, the Norges Bank website said late last month that the fund is currently valued at $1.03 trillion.
A country that actually collectively believes in climate change, aren’t bought and paid for by oil and gas companies? That sounds really nice.
Not having all eggs in the same basket is usually regarded as sound risk management- the riddle is why it has not been implemented long ago.
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Source: Reuters - 🏆 2. / 97 Read more »