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Biden Administration Makes Public First Full-Color Image from Webb Space Telescope

Category: Business News

The Biden Administration made public the first full-color image from the Webb Space Telescope, which captured the highest-resolution images of the infrared universe in history. The Webb Space Telescope launched from French Guiana in December 2021 and is now orbiting the Sun one million miles away from Earth. The image was previewed to President Biden […]

Source: The White House


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Norway’s sovereign fund eyes long-term profit from market turmoil

Business

Category: Accounting / Financial

OSLO, June 21 (Reuters) – The recent turmoil in global financial markets represents an opportunity for Norway’s $1.2 trillion sovereign wealth fund, to profit from it much like it did during the 2008-2009 financial crisis, its deputy chief said on Tuesday. As the world’s largest fund of its kind it owns 1.3% of all globally […]

Source: Reuters


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Ambassador Marc Nathanson Presents His Credentials to HM King Harald

Category: Business News

At a formal audience with His Majesty King Harald V on June 16, Marc Nathanson presented his credentials to be Ambassador Extraordinary and Plenipotentiary of the United States of America to the Kingdom of Norway. Ambassador Nathanson was nominated by President Joe Biden on November 4, 2021. He was confirmed by the Senate on May […]

Source: U.S. Embassy in Norway


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CDC will no longer require air passengers traveling from a foreign country to the United States to show a negative COVID-19 viral test or documentation of recovery from COVID-19

Business

Category: Airline / Travel

As of June 12, 2022, the CDC will no longer require air travelers to show a negative COVID-19 test result, or documentation of recovery from COVID-19, prior to boarding a flight to the United States. CDC’s Order requiring proof of vaccination for non-US citizen nonimmigrants to travel to the United States is still in effect. […]

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Norway Raises Wealth Tax, Scraps EV Sales Tax Exemption

Category: Business News

Norway’s coalition government is raising the wealth tax and cutting a sales tax exemption on electric vehicles as it seeks to stem spending from its wealth fund and prevent the economy from overheating. The government proposes raising the wealth tax rate for joint stock companies, mutual funds and banks to 0.25% from 0.15% from the […]

Source: Bloomberg


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