Category: Norway
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Will Norway Go Digital? Central Bank To Decide On CBDC Next Year
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Next year, Norges Bank, Norway’s central bank, will make a major decision on whether to create its own CBDC, or central bank digital currency. According to Deputy Governor Pal Lungva, the central bank was heading towards… Finalizing the recommendationalthough it was not necessary to speed up the work immediately. In…
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Norway fund under growing pressure over Israel
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Norway’s sovereign wealth fund is considering tightening its ethical standards for investments and divesting from more global companies linked to Israel’s war in Gaza, Reuters reported, according to a letter seen by Reuters that the fund’s ethics board sent to the Norwegian finance ministry on Aug. 30. The fund, one…
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Norway stocks lower at close of trade; Oslo OBX down 0.58% By Investing.com
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Investing.com – Norway stocks were lower after the close on Friday, as losses in the , and sectors led shares lower. At the close of trading in Oslo, the Norwegian Stock Exchange’s general index fell 0.58% to its lowest level in a month. The best performers in the session were:…
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Norway wealth fund to vote against Musk’s $56 billion Tesla pay package By Reuters
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Written by Louise Rasmussen and Gwladys Foch OSLO (Reuters) – Norway’s $1.7 trillion sovereign wealth fund said on Saturday it would vote against ratifying Tesla Inc CEO Elon Musk’s $56 billion pay package, which will be put to a shareholder vote next week, after… A Delaware judge struck it down…
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Norway Recovers $5.7 Million In Stolen Crypto Assets
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The Ronin Network, an Ethereum sidechain integral to the popular web3 game Axie Infinity, was the victim of a devastating ronin network hack in March 2022. The ronin cryptocurrency hack led to the theft of over $600 million, making it the largest DeFi exploit in history. . However, recent developments…
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Europe-Israel relations take a hit as Spain, Ireland and Norway prepare to formally recognize a Palestinian state
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Israeli Foreign Minister Katz told Spain that its consulate in Jerusalem would not be allowed to help the Palestinians. Meanwhile, European Union foreign policy chief Josep Borrell, a Spaniard, has thrown his full weight in support of the International Criminal Court, whose prosecutor is seeking an arrest warrant against Prime…