Month: January 2023

Norway’s sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country’s oil and gas sector. Bloomberg | Bloomberg | Getty Images Norway’s sovereign wealth fund on Tuesday reported a record loss of 1.64 trillion Norwegian kroner ($164 billion) for the whole of 2022, citing “very unusual” market conditions. The
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The United States will “continue to oppose anything” that puts a two-state solution “further from reach” after one of the bloodiest months in the West Bank and East Jerusalem in several years, the US secretary of state has said. Antony Blinken said the US opposes Israeli settlement expansion and any moves towards the annexation of
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Traffic passes around the Old Street roundabout, also referred to as “Silicon Roundabout,” in the area known as “Tech City” in London, U.K. Chris Ratcliffe | Bloomberg | Getty Images Tech Nation, the U.K. startup accelerator program, is set to close its doors after failing to renew its funding from the government, the organization said
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Arriving in Haiti’s capital, Port-au-Prince, the sheer scale of the poverty takes your breath away. The streets are teeming with people but everywhere is shrouded in acrid smoke from piles of burning rubbish. From the hills above Port-au-Prince, the city at times disappears in a fog of polluted air. Wherever you walk people ask for
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Downing Street has insisted that the UK’s economy is strong despite the International Monetary Fund’s warning that Britain’s economy will go into reverse this year and will fare worse than all other advanced nations. In its latest World Economic Outlook update, the IMF downgraded its UK gross domestic product (GDP) forecast once again, predicting a
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