Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers

https://www.cnbc.com/2025/04/02/norway-urged-to-let-mega-wealth-fund-take-stakes-in-weapons-makers.html

The debate over how Norway's wealth fund should respond to the security landscape comes at a time of higher defense spending and soaring industry profits.

Archived version: https://archive.is/newest/https://www.cnbc.com/2025/04/02/norway-urged-to-let-mega-wealth-fund-take-stakes-in-weapons-makers.html


Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

15 points · 2 comments · view on lemmy.world

2 Comments

kefalos@reddthat.com · 2 pts · 1y (1 reply)

I can’t imagine who would lobby for such an idea

AwesomeLowlander@sh.itjust.works · 1 pts · 1y

Why? It's certainly a good question. Why would the country be reluctant to invest in a company which they are patronising?