Money and FinanceBusiness - Money and Finance
The Norwegian Supreme Court has awarded in favor of the shipping companies that the retroactive tax imposed in 2007 for the years 1996-2006 was in breach of the Norwegian Constitution.
Saturday, 13 February 2010 09:24
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In his annual address at the meeting of the Supervisory Council of Norges Bank (Central Bank) on Thursday, Governor Svein Gjedrem warned Norwegians against believing that Norway is immune against economic crises. 
NnB NOR and Fokus Bank offers its customers to invest their savings in companies that produce cluster weapons, while Nordea offers investments in companies that produce nuclear weapons. 
Only five nations of the world have a greater trade surplus than Norway. Saudi-Arabia tops the ranking with a trade surplus for goods of NOK 1331 billon. Norway ranks sixth with a trade surplus of NOK 325 billion. 
The Norwegian Ministry of Finance has decided to exclude 17 companies that produce tobacco from the Government Pension Fund Global (GPFG), based on a recommendation from the Fund’s Council on Ethics.(Photo: Minister of Finance Sigbjørn Johnsen) 
New submarines to the cost of NOK 3-4 billion each may be the next invstment for the Norwegian Defence, after it has taken delivery of new frigates and ordered new jet fighters. 
