This week’s TIME had a piece on Norway’s Government Pension Fund-Global, Norway’s sovereign trust fund. Profits from their oil and gas resources are channeled into it and invested.
Highlights:
- Assets of USD 382 billion.
- Owns 1% of the entire European stock market
- Scored 100% in governance, accountability, and transparency in a study by the Peterson Institute. [...]
Finally.
State oil company Petronas will finally open its books to the public after a decision to hike fuel prices by more than 40 percent set off days of protests.
It came with a major opposition party still calling for as many as 100,000 people to take to the streets at a rally early next month amid [...]
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