Geopolitics

Norway’s $2.3-trillion sovereign fund proposes large cuts to U.S. Treasury holdings - The Globe and Mail

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DW NOTE

Norway's sovereign wealth fund manages returns for a population of 5.5 million. The United States runs a $1.4 trillion deficit to service the preferences of 340 million. When your counterparty prints faster than you can compound, duration is a liability you price accordingly.

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Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

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Norway’s $2.3-trillion sovereign fund proposes large cuts to U.S. Treasury holdings - The Globe and Mail

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