Tim on June 18th, 2008

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. [...]

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Tim on June 17th, 2008

“Report is Public”, blares the front page of The Star today:

KUALA LUMPUR: Petronas has been publishing its annual report for the past 18 years and it is easily available, including on its website, said its president and chief executive officer Tan Sri Mohd Hassan Marican.
“We print 5,000 copies of the report every year even though [...]

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Tim on June 16th, 2008

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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