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"Norway" tag

Fed Minutes were Not as Dovish as Initially Read

The sell-off in European bonds continues today. The 10-year German Bund yield is around four basis points higher to bring the three-day increase to about 22 bp. The Italian premium over Germany has risen by...


The Countries with the Most Monstrous Business Debts: US in 22nd Place Despite Massive Spike During the Pandemic

The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for...


Norway’s sovereign wealth fund backs away from fossil fuels

Coal and oil have long been sought-after investment targets, but that is changing. Norway is increasingly withdrawing its huge sovereign wealth fund from fossil fuels. But for finance, not climate protection. The electric car pensioner...


Poland’s Baltic Pipe project pumped full of EU cash

The European Commission has signed a multimillion-euro grant that will allow a new gas pipeline between Denmark and Poland to proceed. The project is seen as Warsaw’s answer to the Russian-German Nord Stream 2. Poland’s...


Car salesmen caught secretly trash-talking electric cars

During visits to more than 80 auto dealers in five Nordic countries, researchers were, more often than not, told not to buy electric vehicles. Their study calls for clearer government policies on newer car technologies....


Norway is e-car champion 2015

The nordic country saw more registrations of zero emission cars than any other nation in the world last year. Norway beats neighbor Sweden – and environmentally-minded Germany – by a wide margin. In 2015, almost...