Worlds Biggest Wealth Fund Wants Out of Oil and Gas

Worlds Biggest Wealth Fund Wants Out of Oil and Gas
The $1 trillion fund that Norway has amassed pumping oil and gas over the past two decades wants out of petroleum stocks.  Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to declining crude prices without its fund investing in the industry, the central bank said Thursday. The divestment would mark the second major step in scrubbing the world’s biggest wealth fund of climate risk, after it sold most of its coal stocks.“Our

Carlos Ghosn Says Car Ownership Is Here to Stay

Carlos Ghosn Says Car Ownership Is Here to Stay
Personal car ownership isn’t going anywhere, regardless of the rise of 10.5 million cars and trucks globally this year, enough to contend with Volkswagen AG and Toyota Motor Corp. for the industry’s top sales spot for the first time. The alliance has forecast deliveries will jump to at least Read more: If Davos Were a Person, It Would Be Carlos Ghosn “I have absolutely no doubt on the fact that in the long term, we’re going continue to see

How a Tokyo-Born Outsider Became the Face of Czech Nationalism

How a Tokyo-Born Outsider Became the Face of Czech Nationalism
Tomio Okamura’s background is about as multicultural as you can get. The son of a Czech mother and a Japanese-Korean father, he suffered racist bullying in Japan and the Czech Republic that was so severe he developed a stutter and wet his bed until the age of 14.Which may or may not help explain why his Czech political party is adamantly opposed to immigration, wants the country to leave the European Union and compares Islam to “Hitler-style Nazism.” The message is

France Is Running Out of Butter for Its Croissants

France Is Running Out of Butter for Its Croissants
France’s much-loved croissant au beurre has run up against the forces of global markets.Finding butter for the breakfast staple has become a challenge across France. Soaring global demand and falling supplies have boosted butter prices, and with French supermarkets unwilling to pay more for the dairy product, producers are taking their wares across the border. That has left the French, the world’s biggest per-capita consumers of butter, short of a key ingredient for their sauces and tarts.“The issue is

Genealogy sites are whitewashing the history of slavery

Genealogy sites are whitewashing the history of slavery
700 physical monuments honoring the ConfederacyGenealogy and white supremacy have been linked in the United States since colonization, when wealthy families were obsessed with purity in bloodlines. In recent years, Americans have taken a renewed interest in discovering their lineage (some to prove that purity), heading to genealogy sites where the constructs of race and heritage—from family trees to DNA testing—are omnipresent. Without any historical context, though, what’s being compiled on sites like Ancestry.com is an alternative national history that

Hungary Orders Spies to Target Soros Empire

Hungary Orders Spies to Target Soros Empire
Hungarian Prime Minister Viktor Orban renewed his assault on George Soros, instructing his intelligence services to map what he described as the networks run by the billionaire financier’s “empire” targeting his country.Intelligence agencies will help evaluate what he sees as efforts by Soros to get Hungary punished by EU institutions pursuing a “mixed-population” continent, Orban said in an interview with Kossuth Radio on Friday.Orban, who is the favorite to win next year’s parliamentary elections, said Europe is set to

Legal Weed May Be a Windfall for McDonalds and Taco Bell

Legal Weed May Be a Windfall for McDonalds and Taco Bell
The munchies are driving up fast-food sales in states where marijuana is legal.Cannabis has been shown to increase users’ appetite, sending many customers of legalized dispensaries to fast-food chains, according to a new study by Green Market Report and Consumer Research Around Cannabis.Forty-three percent of legal-marijuana users ate at a McDonald’s restaurant in the past four weeks, the survey found. Eighteen percent ate at Taco Bell, while 17.8 percent went to Wendy’s. Those results were significantly higher than among

A ‘Hunger Games’ Theme Park Is Coming To Times Square, May The Odds Be In Our Favor

A ‘Hunger Games’ Theme Park Is Coming To Times Square, May The Odds Be In Our Favor
Both the movie series and the TV show have been over since 2015, but that doesn't mean either has faded from popular culture. Fans of Panem's dystopian world are an especially active group, enough so that Lionsgate, the production company that made the films, is considering a new line of movies set there. But until then, we've got something else to keep us District 1 residents entertained: the  Times Square attraction, which will be opening in 2019, along with a attraction

How To Deal With Homesickness When Living Abroad

How To Deal With Homesickness When Living Abroad
Christopher Burns Living abroad is a great idea. It gives you a chance to integrate with a different society and culture, to not only experience the touristy parts of a place but see how people live, eat the local food and widen your mind in ways you never thought possible. But it does have its downsides: one big one being dealing with homesickness. For many, it’s about the people. Living abroad almost always means there will be loved ones

There are a lot of ways to do coffee heres why a cup in New Orleans is unique.

There are a lot of ways to do coffee  heres why a cup in New Orleans is unique.
On the southern shores of America, where the Mississippi River meets the Gulf, New Orleans was already a bustling port settlement by 1718. That was more than 50 years before the Declaration of Independence was signed. And yet, New Orleans not only existed, but it was open for business, playing host to one of the largest and busiest ports in the New World — as well as all the goods and culture that came flooding in along with it.

Aston Martin Has Unveiled a $4 Million Submarine

Aston Martin Has Unveiled a $4 Million Submarine
The three-person submersible can dive to 1,650 feet and hit speeds of 3.5 miles per hour.Project Neptune, it’s a three-person vehicle with silver, blade-like pontoons and an acrylic bubble of a cabin for maximizing underwater views. Aston Martin expects the sub will be available in about a year and will be priced around $4 million, the company’s chief creative officer Marek Reichman told Bloomberg. For comparison, a V8-powered DB11 will run you nearly $200,000. Reichman said the company plans to build no more than