Fri, Jun 18, 2021
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Krone-Oil Ties Show Cracks as Norway Curbs Deflation: Currencies

Posted on 20 November 2014

Norway’s government funnels most of its oil revenue into its sovereign-wealth fund, the world’s largest. Prime Minister Erna Solberg, who came to office last year, has cut taxes to boost productivity in the mainland economy and said Norway needs to diversify away from oil.
Norges Bank Governor Oeystein Olsen said in an interview in Bergen, Norway, yesterday that he sees “dark clouds” ahead for the economy, partly because of concerns over the development of the oil industry. Energy companies predict the sector will see an 18 percent drop in investment in 2015……………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
June 2021
M T W T F S S
« Nov    
 123456
78910111213
14151617181920
21222324252627
282930