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Norway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1
Norway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1
By Michael Kern of OilPrice.com
The world’s biggest sovereign wealth fund, Norway’s $2.3-trillion Government Pension Fund Global, posted a record-high profit of $185 billion for the first half of 2026, as Asian technology stocks boosted its returns and profit on the portfolio.
Norway’s Government Pension Fund Global (GPFG), which is commonly referred to as 'Norway's oil fund' because it was created with oil and gas revenues, is a shareholder in many large companies in the world, with more than half of the...
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Apr 19, 2026 / Tyler Durden
Uranium Supply Crunch Worsens Amid Kazakhstan’s Plan For Strategic Reserve
Uranium Supply Crunch Worsens Amid Kazakhstan’s Plan For Strategic Reserve
Drawing further attention to the global uranium supply-demand mismatch that we've been pounding the table on since 2020, Kazakhstan has outlined plans to accelerate exploration and create a strategic reserve for the nuclear fuel.
We've repeatedly emphasized that the US is not moving fast enough if it hopes to secure fuel for its reactor fleet…
US Is Rapidly Expanding Its Nuclear Supply Chain: It's Not Nearly Fast Enough https://t.co/gly9hVAKnr
— zerohedge (@zerohedge) February 19, 2026
More countries are likely to announce strategic uranium reserves...
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Sep 14, 2026 / Tyler Durden
Kremlin Welcomes Trump Call For Ukraine To Halt Attacks On Diesel Infrastructure, Praises 'Flexibility'
Kremlin Welcomes Trump Call For Ukraine To Halt Attacks On Diesel Infrastructure, Praises 'Flexibility'
The Kremlin has welcomed President Trump's weekend call for Ukraine to stop attacking Russian diesel supply and infrastructure sites. The somewhat surprise remarks which will only serve to further pressure the Zelensky government came when pressed by a reporter on Sunday. Trump responded by saying Zelensky "has to do one thing. He has to stop knocking out diesel fuel in Russia."
The US president said at the sidelines of the Irish Open on Sunday, "There are plenty of...
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Oct 4, 2026 / Tyler Durden
Multi-Million Dollar TRICARE Fraud Bought A Gold-Plated Cybertruck And Casino Parties
Multi-Million Dollar TRICARE Fraud Bought A Gold-Plated Cybertruck And Casino Parties
Authored by Austin Campbell via Task & Purpose,
Millions of dollars spent on casino-themed parties, expensive hotels and a gold-plated Cybertruck. It sounds like the spending spree of a character from The Wolf of Wall Street. Instead, federal prosecutors say the absurd spending was financed by a 64-year-old mental health clinic owner named Kevin Darnell Curry.
Curry, who owned and operated Acuity TMS of Plano, Acuity TMS of Fort Worth and Emerald Coast TMS of Fort Walton Beach, was convicted of...
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