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Articles for tag: BDS, capital, companies, Divest, Fund, Gauze, Israel, Norway, two state solution, wealth

September 4, 2024

News Desk

Norway wealth fund to divest from companies that help Israel

Norway’s $1.7 trillion sovereign wealth fund may have to divest shares in companies that violate a new, tougher interpretation of ethics standards for companies that help Israeli businesses in the occupied Palestinian territories. The Ethics Board for the world’s largest sovereign wealth fund sent a letter on Aug. 30 to the finance ministry, seen by Reuters, outlining the newly expanded definition of unethical corporate behavior. The change has not been previously reported. The letter did not specify how many or name companies whose shares could be sold, but suggested it would be small if the central bank’s board, which has

China demands Israel allow humanitarian supplies into Gaza amid ongoing crisis

Warning that the “tragic scenes on the ground” in Gaza are “just the tip of the iceberg of humanitarian devastation”, China said hunger in the besieged Palestinian enclave “cannot be weaponised”. “Hunger cannot be weaponized, humanitarian issues cannot be politicized and man-made escalation of humanitarian disaster is unacceptable,” Chinese Ambassador Fu Kong told a UN Security Council briefing on Gaza on Tuesday. Calling on Israel to “meet its obligations under international humanitarian law, heed the overwhelming call of the international community,” Fu said Tel Aviv must “take concrete steps to ensure the rapid and safe entry of humanitarian supplies on

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