Word: pensioners
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...west shores accounted for more than four-fifths of the two firms' production. That bounty has made this nation of just 4.6 million people rich. Government taxes on the country's oil business--Norway is the world's fifth largest exporter by volume--have helped bloat Norway's national pension fund to around $350 billion. But those good times couldn't last forever. With fields beginning to dry up, oil production has slid to 2.6 million bbl. a day this year, from 3.5 million six years ago, says John Olaisen, Oslo-based energy analyst at Carnegie, a Nordic investment bank...
...Deval L. Patrick ’78 signed into law a bill divesting state pension funds from certain companies that do business with the Sudanese government, which has been accused of backing the ongoing genocide in the Darfur region of Sudan...
...legislation requires the state’s Pension Reserves and Investment Management Board (PRIM) to hire a third party that will investigate company business activities pertaining to the genocide in Darfur...
...Even the international press thrilled at the omnipresence of France?s young, dynamic can-do President, and Sarko could use some of that spin now. That's because France's economy is stalling, purchasing power is falling as oil and food prices soar, and a series of strikes over pension reform and job eliminations in the public sector are likely to make November a nightmarish month for the French. At least Sarkozy's return to the diplomatic Big Top will generate the kind of press attention capable of momentarily distracting the French public from the grim scene at home...
...blue-collar combat 24 hours per day, 365 days per year. But the consequences of an NFL career are extreme and often unknown to the fans: the average veteran at any position dies before he turns 55, the age at which he can finally begin to draw full pension. The NFL uses up its laborers and then leaves them unprotected in the pocket. A Congressional hearing this past June revealed a pattern of conduct by the league that denies retirees the money to which their injuries entitle them. The game rakes in $7 billion per year and causes more bodily...