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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Norway wonders what to do with its oil wealth

Posted on 07 September 2010

From Rfi.fr: For the past 15 years, the profits from oil have been paid into two sovereign wealth funds. Norway’s Government Pension Fund Global invests in stocks and bonds around the world. It’s now worth over 500 billion euros.
This may sound like a dream come true, especially given that many of the world’s leading economies are faltering. But debate is raging in Norway about how the money should be spent……………………………………….Full Article: Source


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