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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norwegian oil fund excludes ‘unethical’ Israeli companies

Posted on 30 August 2010

From Icenews.is: Two Israeli firms have been excluded from Norway’s USD 450 billion sovereign wealth fund for building Israeli settlements on occupied Palestinian land. Both the Africa Israel Investments holding firm and its construction subsidiary Danya Cebus have been blacklisted by the Norwegian Ministry of Finance.

In a statement on Monday, the ministry said that constructing Israeli settlements on occupied land “is a violation of the Geneva Convention relative to the protection of civilian persons in time of war”…………………………………….Full Article: Source


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