Norway’s $2.1 Trillion Fund Told to Prepare for More US Threats

Last year, Norges Bank’s Investment Management faced a public uproar over its holdings linked to the war in Gaza. 

Photographer: Ahmad Salem/Bloomberg

Norway’s $2.1 trillion sovereign wealth fund has to raise its preparedness to handle growing geopolitical risks, a government-appointed advisory panel said.

There’s growing evidence of instruments such as tariffs, financial sanctions and trade controls being used to achieve geopolitical goals, a three-member panel of experts said in a report published Monday.