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Prime Minister, you have a little fund in
Norway, the sovereign fund. I looked at,

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I just checked, it's reached two...

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Two and a quarter trillion dollars.

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You have what, 5 million people in Norway?

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Like, I'm sure I've...

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close to half a million dollars per
person. What are you going to do with it?

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Share with the fins.

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What we are doing is we live in a
generation where we are transferring value

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from energy that is being sold mainly to
Europe into a fund that will fund pensions

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in the future in Norway.

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So this is, you know,
when oil prices go up and down,

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nothing goes into my budget.
It goes into this fund.

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And from that fund, we can
spend 3% or less of interest.

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a year. So basically, we have not
spent any money from that fund.

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only part of the interest and it's
meant to be there for future generations.

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It basically is meant
to be a fund there for ever.

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if it is well protected. And it
is differing from sovereign wealth funds

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in the Gulf, for example,
where they are strategic funds,

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which are being used by major shares,
we never take more than Basically,

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1 to 2 or 3% shares of companies.
It is owning...

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shares in about 7,000 to 8,000.

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Companies around
the world is an index fund.

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But you do have some ethical guidelines,
for example, relating to Israel-Gaza.

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You have it. I mean, we are not, the fund
is supposed to invest in countries

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that respect, you know,
basic international conventions.

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We have not investing in companies
that are in a major way invested in code.

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tobacco companies and so on. And now we
have a review of those principles so that

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a fund which is basically owned by all
Norwegian and future generations live up

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to basically the values
we have as a people.

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So it is a major responsibility
to manage that over time.

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and to manage our economy
in a way. You know,

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you can explain to people that the
government cannot use money that you don't

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have.

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I can tell you it's harder to explain that
you cannot use money that you do have.