| Debt-laden European nations, the United States, and resource-rich developing countries could all learn from Norway's tight-fisted spending habits and oil wealth management, the Scandinavian nation's outgoing prime minister Jens Stoltenberg said on Wednesday.
Stoltenberg said Norway's sovereign wealth fund - a now $700 billion fund with investments in bonds, more than 7,000 companies, and some real estate - was the main reason Norway sidestepped the "curse of oil" that has plagued many other resource-rich nations particularly in the developing world...............................................Full Article: Source
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