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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Elroy Jetson who wrote (5533)5/13/2020 3:03:07 AM
From: elmatador   of 13801
 
Norway Takes $41 Billion From Oil Fund To Bolster Economy

Norway will exceed its self-imposed cap on spending from its $1 trillion sovereign wealth fund for the first time in more than a decade
withdrawals from the fund projected to hit a record 419.6 billion crowns ($40.6 billion)revised budget docs from the finance ministry

"The Norwegian economy has suffered its most severe setback ever in peacetime. However, the government is laying the groundwork for Norway's emergence from the crisis," the finance ministry said in a statement.
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