The Daily Populous

Friday November 29th, 2019 morning edition

image for This pension fund is now worth $1,000,000,000,000

The fund's managers announced Tuesday that currency shifts had helped push its value above $1 trillion for the first time.

"The growth in the fund's market value has been stunning," fund chief Yngve Slyngstad said in a statement.

"I don't think anyone expected the fund to ever reach $1 trillion when the first transfer of oil revenue was made in May 1996.".

Norway is a major oil producer, and it has plowed its energy earnings into the fund in order to fund pensions and other government expenses.

The fund is among the world's biggest investors in stocks, owning $667 billion worth of shares in over 9,000 companies globally.

The fund made 499 billion kroner ($63 billion) in just the first two quarters of 2017.

The fund's value works out to over $190,000 for each of Norway's 5.2 million citizens. »

Brett Okamoto auf Twitter: "Breaking: Per Dana White (@danawhite), Conor McGregor (@TheNotoriousMMA) has signed to face Donald Cerrone (@Cowboycerrone) at UFC 246 on Jan. 18, at welterweight. "Conor h

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Abstaining From Social Media Doesn’t Improve Well-Being, Experimental Study Finds

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From digital detoxes to the recent Silicon Valley fad of “dopamine fasting”, it seems more fashionable than ever to attempt to abstain from consuming digital media.

When it comes to social media, at least, a new paper in Media Psychology suggests not.

In one of the few experimental studies in the field, researchers have found that quitting social media for up to four weeks does nothing to improve our well-being or quality of life. »

Former 'Top Gear' host Jeremy Clarkson says 'idiot' climate activist Greta Thunberg has killed the car show

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The former "Top Gear" host Jeremy Clarkson says the 16-year-old climate-change activist Greta Thunberg has killed the car show.

Clarkson hosted BBC's "Top Gear" for 20 years until 2015, and he has since hosted Amazon Prime's "The Grand Tour."

"Everyone I know under 25 isn't the slightest bit interested in cars — Greta Thunberg has killed the car show," he said. »