Norway’s State Investment Fund withdraws from Israeli businesses citing “human rights violations”

Norway’s State Investment Fund, the richest in the world, announced yesterday that it was selling the shares he was holding to the American Caterpillar project machinery, citing human rights abuses with equipment from the Armed Forces in the Armed Forces. “There is no doubt that Caterpillar products were used to commit generalized and systematic violations of international humanitarian law” in the enclave where war has been raging for almost two years, the Fund explained in a statement. The investment body, which belongs to the Norwegian Central Bank, clarified that it made the decision on the recommendation of its institution on investment ethics. He explained that he considered that “Caterpillar project machines were used by the Israeli authorities for the generalized illegal destruction of Palestinian property” and that the US company “took no measures to prevent” this use of its machinery. The management of the US company does not […]
Source: News Beast

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