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    1. TDLR;
      >Norway will more than double its financial pledge to Ukraine this year while also hiking its own defence spending, the prime minister said on Thursday, declaring the Nordic country faced its most serious security situation for 80 years.

      >Norway, home to the world’s largest sovereign wealth fund with assets of $1.8 trillion, has seen soaring income from gas sales to Europe as a result of Russia’s 2022 Ukraine invasion, and faces pressure at home and abroad to increase its aid.

      >The government and opposition leaders agreed on Thursday to raise this year’s Ukraine funding to 85 billion Norwegian crowns ($7.83 billion), up from a plan agreed in November of 35 billion crowns, Labour Party Prime Minister Jonas Gahr Stoere said.

      >Stoere’s move marks the latest example of a European country scrambling to boost defence spending and support for Ukraine after President Donald Trump froze U.S. military aid to Kyiv and fuelled doubts about its commitment to European NATO allies.

    2. Princescry606 on

      Looks like Zelinsky is getting a few more new mansions to add to the 15 he already owns in several countries.

    3. Norway has got so much right. Not giving all North Sea oil profits to a load of poisonous billionaires was a good shout, unlike the UK.

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