sister herb
Official TTI Chef
[ 01/02/2014 - 12:40 PM ]
OSLO, (PIC)-- Norway's biggest pension fund has decided to stop investing in two Israeli companies because of their involvement in settlement activities in the eastern part of occupied Jerusalem.
The Norwegian foreign ministry this week blacklisted "Africa Israel Investments" and its subsidiary "Danya Cebus," on a recommendation from the fund’s ethics council.
The companies were boycotted by the fund once before in 2010. The fund’s ethics council says Israel's settlements represent "serious violations of the rights of individuals in the occupied territories."
Norway's government pension fund is one of the world's largest investors and its funds comes from Oslo's oil revenues. Its total value is about 820 billion dollars.
A major private Dutch pension fund had announced earlier this month that it decided to boycott five large Israeli banks because of their operations in West Bank settlements.
Other Norwegian and Swedish investors are considering to follow suit.
http://www.palestine-info.co.uk/en/...Sb0iV3YXOow11vAvT2rGeMyzo8wGmpN+cclrExzBhDAM=
OSLO, (PIC)-- Norway's biggest pension fund has decided to stop investing in two Israeli companies because of their involvement in settlement activities in the eastern part of occupied Jerusalem.
The Norwegian foreign ministry this week blacklisted "Africa Israel Investments" and its subsidiary "Danya Cebus," on a recommendation from the fund’s ethics council.
The companies were boycotted by the fund once before in 2010. The fund’s ethics council says Israel's settlements represent "serious violations of the rights of individuals in the occupied territories."
Norway's government pension fund is one of the world's largest investors and its funds comes from Oslo's oil revenues. Its total value is about 820 billion dollars.
A major private Dutch pension fund had announced earlier this month that it decided to boycott five large Israeli banks because of their operations in West Bank settlements.
Other Norwegian and Swedish investors are considering to follow suit.
http://www.palestine-info.co.uk/en/...Sb0iV3YXOow11vAvT2rGeMyzo8wGmpN+cclrExzBhDAM=
