The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States posed a risk to financial markets this year.

According to the finance ministry in Oslo, the country has reaped 1,270 billion kroner (€107.7 billion) in additional revenue thanks to higher gas prices and production. It has been criticized for allocating only a fraction of this on aid to Ukraine.

Norges Bank is set to restate plans for its first post-pandemic cut in borrowing costs in March, though the outlook for further steps beyond that is clouded.

Norway's sovereign wealth fund said on Wednesday it has bought a 25% stake in a mixed-use property portfolio located in London's Mayfair district for 305.7 million pounds ($376.53 million).

Following delays, Norway is pressing ahead with plans to build the world’s first full-scale ship tunnel. It should boost tourism along the coastline.

The United States and Norway have signed an agreement to allow the export of American space hardware to Norway for launches there.

Central banks in Sweden and Norway are both likely to end this easing cycle in less than six months amid an expected domestic demand-led rebound across the Nordic region, according to analysts at Nordea Bank Abp.

Norway is debating a tax on cruise tourism as the next step in its plans to introduce a tax on tourism, according to the ministry of trade and industry. Iceland has been cited as an example, imposing a tax of 1,

However, the UK and the rest of Europe now face the prospect of being forced into the arms of countries like Russia if Norway starts to turn off the taps. “Dusk for Norway is dawn for Russia,” says Andreas Schroeder, head of energy analytics at the Independent Commodity Intelligence Service (ICIS).

And in the Beijing Games in 2022 Norway (with 99 athletes) was tops in medals, yet again beating the USA (with 223 athletes) in medal count: 37 to 25. This tiny country has more or less dominated the Winter Olympics since the first winter games in Chamonix, France in 1924.

The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States posed a risk to financial markets this year.