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For context, this is about 0.00021% of the entire norwegian reserve [1]. [1] http://www.reuters.com/article/2013/03/24/us-norway-oilwealth-idUSBRE92N07M2013032
by lunarcave 12y ago
For context, this is about 0.00021% of the entire norwegian reserve [1].
[1] http://www.reuters.com/article/2013/03/24/us-norway-oilwealth-idUSBRE92N07M20130324 http://www.reuters.com/article/2013/03/24/us-norway-oilwealt...
- Expez 12y agoNone of that money is used to pay for this. Well, indirectly it might be, as some of the profits from invested oil money are made available to the government to spend each year.
- ezhux 12y agofor context: Russia has 12 times more proven oil reserves (http://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves http://en.wikipedia.org/wiki/List_of_countries_by_proven_oil...). Now imagine russians in this situation.
- kozlovsky 12y agoWell, Russia just wrote off $32 billions of Cuba debt[1]. I'm not telling that this is the same thing, but still... [1]: http://www.bloomberg.com/news/2014-07-11/russia-writes-off-90-of-cuba-debt-as-putin-meets-castros.html http://www.bloomberg.com/news/2014-07-11/russia-writes-off-9...
- ezhux 12y agothat's really unusual for Russians. Cuba has plenty of peninsulas waiting be annexed... :)
- toomuchtodo 12y agoIt was supposed to be a snub at the US, as we recently renewed trade sanctions against Cuba.
- bulltale 12y agoThe fraction is 0.00021. The percentage is 0.021%. Still small though.