Norway

This tag is associated with 2 posts

Another Petro-State Throws In The Towel: The Last Nail In The Petrodollar Coffin

Posted by EM_Equity ⋅ October 10, 2015 ⋅ 1 Comment

By Eugen von Böhm-Bawerk According to the proposed budget submitted by the current ‘blue-blue’ government the Norwegian deficit will reach another record high in 2016. Mainland taxes are expected to bring in 1,008 billion NOKs, while expenditures are estimated at 1,215 billion NOKs. In other words, 2016 will be another year of record mainland deficit which … Continue reading →

Russia Submits 1.2 Million Sq Km Arctic Claim To UN … This Time Including The North Pole

Posted by ETFalpha ⋅ August 5, 2015 ⋅ Leave a comment

“Russia made a new bid Tuesday for a huge swath of Arctic territory — including the North Pole — putting Canada in the position of potentially having to negotiate with the country to settle overlapping claims,” Montreal Gazette reports. According to the news agency: Canada, Russia, the U.S., Denmark and Norway have all been trying to … Continue reading →