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Norway’s sovereign fund eyes long-term profit from market turmoil
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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Norway firms see growth slowing in next six months, survey says
Category: Business News
OSLO, June 14 (Reuters) – Norwegian companies expect economic growth to slow in the coming six months, a central bank survey showed on Tuesday, driven by high inflation, capacity constraints and expected higher interest rates dampening demand. “Constraints have become increasingly widespread across all sectors in the course of spring, except retail trade where somewhat […]
Source: Reuters
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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
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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Risk Outlook – June 2022
Category: Accounting / Financial
The economies of Norway and several other countries are now characterised by high levels of activity and few available resources. However, the outlook for the global and Norwegian economies is highly uncertain. Supply chain disruptions, partly as a result of the Covid-19 pandemic and the war in Ukraine, have dampened growth prospects and contributed to […]
Source: Finanstilsynet
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