Hungary explains army reform amid ‘de-NATOfication’ criticism

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US denies misuse of American aid in Ukraine

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Norway’s wealth fund posts heavy losses

One of the world’s largest investment funds lost over $160 billion in 2022 amid market volatility Norway’s sovereign wealth fund, Government Pension Fund Global, posted a record loss of 1.64 trillion kroner ($164.4 billion) in 2022, according to data published on the fund’s website on Tuesday.

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