NEWS

Keep Government Out of Google Searches

Category: Government

Floyd Abrams is the author of “The Soul of the First Amendment.” President Trump’s chief economic adviser, Larry Kudlow, announced Tuesday that the administration is “taking a look” at regulating Google’s conduct, given Trump’s complaints earlier in the day that the company’s search results suppress conservative views. Kudlow’s statement raises First Amendment concerns of the […]

Source: Washington Post

Published: July 16, 2024

Norway’s $1 Trillion Wealth Fund Wants More Time to Shift Stocks

Category: Financial / Investment

Norway’s $1 trillion wealth fund recommended it be given more time to adjust its stock portfolio should it stray away from its 70% target. The recommendation is part of a review of the rebalancing rules after the government boosted the amount of shares it can hold from just above 60 percent. The fund also recommended […]

Source: Bloomberg

Published: July 16, 2024

AmCham’s Arendalsuka Debate: The Pharmaceutical Industry Revealed

Category: AmCham News

According to data from Apeland and Norstat, only 5% of the population in Norway considers the pharmaceutical industry to be trustworthy, with only 52% of Norwegian survey respondents reporting any familiarity with the industry at all. With these statistics as a starting point, a panel consisting of senior representatives from the pharmaceutical industry, politicians and […]

Source:

Energy Minister: Losing Lofoten Would Imperil Norway’s Arctic Push

Category: Energy

Backing down on drilling off Norway’s Lofoten islands could also threaten the search for 16 billion barrels of oil and gas that lies beneath the Barents Sea, the country’s energy minister said. The warning comes amid increasing signs that Labor, the nation’s biggest party and a long-time friend to the oil industry, is starting to […]

Source: Bloomberg

Published: July 16, 2024

Norway to Tamp Down on Oil Spending After Wealth Fund Deposits

Category: Financial / Investment

Norwegian Prime Minister Erna Solberg is ready to start reining in oil spending after the government began putting money back into the sovereign wealth fund again. The Norwegian government in June made its first deposit into its wealth fund since the end of 2015. Now that the economy is in full recovery and the labor […]

Source: Bloomberg

Published: July 16, 2024