A high-pressure, low-pressure combo "brings winds up from the south, so that's pushing the air from the desert southwest up ...

The head of Norway's sovereign wealth fund demonstrates that individual drive and community spirit can build a powerful symbiosis for change.

The fund said it had outperformed its own benchmark by 1.14* percentage points. Tangen had previously warned that Russia’s invasion of Ukraine would make inflation problems worse.

Tangen said the fund avoided the steeper 20 per cent in global stocks last year in part because it tilted towards energy stocks and away from companies listing on equities markets for the first time.

It owns stakes in around 9,000 companies worldwide. Speaking in Davos on Wednesday (Jan 18), Tangen said executive pay has “gone out of proportion”. In 2021, as the global economy was still feeling ...