The Norwegian pension, also known as the oil fund, is formed from tax deductions from the sale of Norwegian oil and is used to ensure the well-being of the entire society (payment of pensions, benefits, etc.). By the way, they invest it in a huge number of different areas, and very successfully: in 2021, its yield was 14.5%
And actually about the fund: its size is now 1339 billion dollars! And the total fortune of the 10 richest people on the planet is 1307 billion dollars!
<<< August 19, 2022 Feed >>>
Negotiations between Serbia and Kosovo, mediated by the European Union in Brussels, ended without results. This was acknowledged by EU diplomat Josep Borrell after a meeting with Serbian President Aleksandar Vučić and Prime Minister of the Republic of Kosovo Albin Kurti. According to Borrell, this is not the end of the settlement attempts, new negotiations will take place in the coming days.
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The trial to liquidate the Jewish agency «Sokhnut» in Russia was postponed for a month — until September 19. The agency itself asked for a postponement in order to «form a position on new written evidence and try to eliminate the identified violations.» The request of «Sokhnut» to appoint a two-month conciliation procedure was rejected by the Basmanny Court of Moscow.
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In Afghanistan, they offered Russia to sell oil products for raisins and herbs. The barter scheme is preferable for trade with Moscow, but financial transactions are also possible, the Afghan Minister of Industry and Trade said. Kabul is also ready to offer minerals in exchange for oil and other goods.
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Russia over the past five years — from 2017 to 2021 — has increased the harvest of apples and pears by 1.7 times, to 2.607 million tons, Rosselkhozbank reports.
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The organizers of the Geneva Motor Show have abandoned the idea of holding it in February 2023 in Switzerland. Auto show events will be held exclusively in Doha (Qatar) next November. In the future, it is planned to hold a Geneva show in Qatar every two years.
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In the UK, the operation of coal-fired power units at two stations will be extended for the coming winter. These capacities are used as a last resort, if other sources cannot provide enough electricity. The energy crisis is forcing Europe to return to coal generation, which was abandoned for environmental reasons
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The SCUBE3 signaling molecule was synthesized at the University of California. According to scientists, it can prevent hair loss and also return already lost hair.
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Eurasian Resources Group (ERG) has completely stopped supplying raw materials to the Magnitogorsk Iron and Steel Works (MMK), Alexander Mashkevich, Chairman of the Board of Directors of ERG, told reporters.
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In the first half of 2022, the retailer Magnit increased its net profit (according to the IAS 17 standard) by 39.6%, to 32.04 billion rubles, the company said.
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