It’s a big week for central bank rate decisions

It’s a big week for central bank rate decisions

Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves’ William McChesney Martin Building in Washington, D.C., on June 12, 2024. Kevin Dietsch | Getty Images A flurry of major central banks will hold monetary policy meetings this week, with investors bracing for interest rate moves … Read more

Beloved ‘Russian spy’ beluga whale was shot dead, animal rights groups say – National

Beloved ‘Russian spy’ beluga whale was shot dead, animal rights groups say – National

A beloved beluga whale, long thought by many to be a spy for Russia, was allegedly found shot dead in waters off of Norway over the weekend, and animal rights groups are demanding an investigation. The whale, cleverly nicknamed Hvaldimir — a play on words for the Norwegian word for whale, hval, and the first … Read more

World’s largest sovereign wealth fund posts $138 billion in H1 profit

World’s largest sovereign wealth fund posts 8 billion in H1 profit

The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images Norway’s massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion), primarily driven by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global — the … Read more

‘I’m so much happier’ here

‘I’m so much happier’ here

There’s a joke in Norway that people move here for two reasons: a job or love. I’m in the latter group. I met my Norwegian partner in my international Master’s program in Migration and Intercultural Relations. I decided to do my master’s in Europe after a post-college graduation gap year in 2016. Part of the … Read more

WSJ reporter Evan Gershkovich, ex-Marine Whelan released in U.S., Russia prisoner swap

WSJ reporter Evan Gershkovich, ex-Marine Whelan released in U.S., Russia prisoner swap

This event is scheduled to begin at 12:00 p.m. ET. If the stream is not playing, please hit refresh. Wall Street Journal reporter Evan Gershkovich and former U.S. Marine Paul Whelan were released Thursday by Russia as part of a major, multi-nation swap of two dozen prisoners. The Russian-American journalist Alsu Kurmasheva and British-Russian activist … Read more

Norway discovers Europe’s largest deposit of rare earth metals

Norway discovers Europe’s largest deposit of rare earth metals

Neodymium is displayed at the Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. factory in Baotou, Inner Mongolia, China. Nelson Ching | Bloomberg | Getty Images Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and … Read more

Six NATO countries announce border defense plan

Six NATO countries announce border defense plan

Pilots of the “Sharp Kartuza” division of FPV kamikaze drones prepare drones for a combat flight on May 16, 2024 in the Kharkiv region, 8 km from the border with Russia. Libkos | Getty Images News | Getty Images Six NATO countries neighboring Russia are joining forces to build a “drone wall” to protect their … Read more

Norway, Ireland and Spain recognize a Palestinian state in ‘historic’ move – National

Norway, Ireland and Spain recognize a Palestinian state in ‘historic’ move – National

Norway, Ireland and Spain said on Wednesday they are recognizing a Palestinian state, in a historic but largely symbolic move that deepens Israel’s isolation more than seven months into its grinding conflict against Hamas in Gaza. The announcements came as the chief prosecutor of the International Criminal Court is seeking arrest warrants for Israeli Prime … Read more

Norway, Ireland and Spain to recognize Palestinian statehood

Norway, Ireland and Spain to recognize Palestinian statehood

A protester waves a Palestinian flag during a Pro-Palestine demonstration held in Berlin, Germany, on May 18, 2024. Babak Bordbar | Afp | Getty Images Norway, Ireland and Spain will recognize an independent Palestinian state, the three countries’ prime ministers said Wednesday, in the hope of bringing about a peaceful resolution to a conflict that … Read more

Oil giant posts stronger-than-expected profit

Oil giant posts stronger-than-expected profit

The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, despite a sharp downturn in natural gas prices in Europe. Shell reported adjusted earnings of $7.7 billion for … Read more