Inside Norway's sovereign wealth fund dilemma to divest from Israel
The Indicator from Planet Money

Inside Norway's sovereign wealth fund dilemma to divest from Israel

B2Upper-intermediateOctober 6, 20268 min
  • Business & money

Norway has the world’s largest sovereign wealth fund, but it’s facing a self-imposed dilemma. Should the fund's investments include companies that directly or indirectly contribute to the ongoing Israel-Hamas war? On today’s show, the ethical tightrope Norway is walking to invest its oil riches responsibly. Fact checking by Sierra Juarez. Your Next Listen —How would a US sovereign wealth fund even work? Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, su...

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Sentence 5 of 12 · 0:19

Can't hurt. It's a top producer of oil and gas. And since the 1990s, Norway's government

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Ooh, buzzwords.

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B2

B2 · Upper-intermediate

Comfortable if you already follow TV news

A1 33%A2 45%B1 13%B2 7%C1 2%
  • 91% of the words are B1 or easier.
  • 193 words a minute: natural, fairly fast speech.
  • 59 harder words (B2 and up) in the whole episode.

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0:00

N.P.R. Norway. It's one of the happiest countries in the world. Maybe because it's also one of the wealthiest. Can't hurt. It's a top producer of oil and gas. And since the 1990s, Norway's government

0:19

has reinvested its oil money in a sovereign wealth fund. Ooh, buzzwords. Love a buzzword. As indicator listeners know, sovereign wealth funds are so hot right now, Norway has the largest one in the world.

0:31

It's currently worth around $2.3 trillion. But with mo money, come mo problems. For the past year, Norway's fund has been facing a public global crisis

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