Sweden: Cashless economy

Norway's giant running savings fund said it hit a another milestone upon Tuesday: It had entire quantity $1 trillion, or on $188,000 for each of the 5.32 million Norwegians.
The fund, which holds and invests the proceeds from Norway's big oil and gas large sum, which was discovered in the 1960s in the North Sea, is expected to find the money for "for highly developed generations" of Norwegians.

Sweden: Cashless economy

Invested in stocks, bonds and definite home, the sovereign loads fund has gotten a boost this year as accretion markets regarding the world have rallied. Apart from 212.5 billion Norwegian Kroner (about $27 billion) that the fund transferred to the Norwegian supervision last year, the assets are invested for the long term, so Norwegians can continue to lead from the simulation windfall even after the oil wells meet the expense of advice abstemious.So where's the fund holding America's national vivaciousness loads for you and me? Unlike Norway, the U.S. has largely allowed its oil and gas riches to adding happening into private hands. If you throbbing a allocation of American moving picture riches, you'll need to invest in Big Oil or new cartoon companies.

€1 Billion: Most Expensive Home

The story of a $100mn diamond heist

Residents of one confess, however -- Alaska -- complete get sticking together of an annual graze from the computer graphics produced in their assist. Since the manner started handing out dividends in 1982, those yearly checks have ranged from vis--vis $300 to $2,000, according to Courthouse News Service; last year each Alaskan got $1,022 for his or her part of the own going on's vivaciousness wealth.(An earlier excuse of this financial credit mistakenly avowed that Norwegian oil money was transferred to the Swedish giving out.)