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Pastimes : Leaving Las Vegas

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To: NOW who wrote (48)6/2/2008 6:32:10 AM
From: RockyBalboa   of 72
 
I dont know under which charter they work but there is a incredible number of foreign workers particularly in the Oil industry.

Norway has just 4,752,735 inhabitants

en.wikipedia.org

The fund invests in developed financial markets outside Norway. The budgetary rule ("Handlingsregelen") is to spend no more than 4% of the fund each year (assumed to be the normal yield from the fund ). By January 2006, the pension fund had reached a value of USD 200 billion. During the first half of 2007, the pension fund became the largest fund in Europe, with assets totalling about USD 300 billion, equivalent to over USD 62,000 per capita.
As such, the Norwegian state has savings equal to 100% of the Norwegian GDP. Norway has the largest capital reserve per capita of any nation (April 2007).

At an average oil price of USD 100 per barrel, the state budget surplus for 2008 is expected to reach USD 80 billion.

In recent years, immigration has accounted for more than half of Norway's population growth. According to Statistics Norway (SSB), record 61,200 immigrants arrived in the country in 2007 — 35% higher than 2006. At the beginning of 2008, there were 459,600 persons in Norway with an immigrant background (i.e. immigrants, or born of immigrant parents), comprising 9.7% of the total population. 350,000 of these were from a non-Western background, which includes the formerly Communist countries according to the definition used by Statistics Norway.
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