Norway's giant government savings fund said it hit a new milestone on Tuesday: It had amassed $1 trillion, or roughly $188,000 for each of the 5.32 million Norwegians. The fund, which holds and invests the proceeds from Norway's enormous oil and gas wealth, which was discovered in the 1960s in the North Sea, is intended to provide "for future generations" of Norwegians.
Norwegians have more reason than ever to celebrate the International Day of Happiness. After ranking fourth for the last two years, Norway jumped three spots and displaced three-time winner Denmark to take the title of "world's happiest country" for the first time.
Fans of Denmark must be even happier than usual: Denmark has retaken the title of "world's happiest country," knocking Switzerland into second place.