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Norway fund blacklists Israeli firms with settlement ties
Published Thursday 30/01/2014 (updated) 01/02/2014 20:13
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(MaanImages/File)
OSLO (AFP) -- Norway's huge sovereign wealth fund, the world's largest, blacklisted two Israeli companies involved in construction of settlements in annexed East Jerusalem, the country's finance ministry said on Thursday.

The ban on investing in the firms revived a three-year prohibition on them that the Government Pension Fund of Norway had dropped in August last year.

The companies are Africa Israel Investments, an Israeli real estate developer, and its construction subsidiary Danya Cerbus.

The ministry cited the company's alleged "contribution to serious violations of individual rights in war or conflict through the construction of colonies in Occupied East Jerusalem," a territory where Israel's claims are not recognized by the international community.
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1 ) Paul / Kenya
30/01/2014 22:49
Small patatoes, we in Africa love Israel, we support the Jewish state.

2 ) Sander / The Netherlands
30/01/2014 23:39
Homage for Norway! hopelijk more funds/countries will follow this good example.

3 ) Charlie A / Sweden/Gaza
31/01/2014 07:58
Thank you Norway, but we know that you can do more.

4 ) jootoo / UK
31/01/2014 11:44
All the rest of the world will be lining up at Israel’s airports, with the intent of buying knowledge and expertise from Israel. Which will be a power centre that has the industrial knowledge in the energy field, and from there it will be able to serve as a catalyst for the rest of the world in making the switch to renewable energy. Israel’s start-ups will already have developed battery and biofuel technologies, which the rest of the world will require tomorrow.

5 ) Mel / USA
31/01/2014 19:00
TusenTakkNorge!Ask any soc-dem-nation/monarchy if they'd opt to fund Jewish Fascism with national,public taxes to enable racist,bigotted Puritan theocracy & I think we can guess the replies,if their intentions are humane. Alas,that morality is absent from our USG,because w/out D.C.'s--"democratic","Equal Justice Under Law","Life,Liberty &the Pursuit of Happiness"--ILLEGAL funding of parasite Zionism's ILLEGAL OCCUPATION,the 'Zionist Republic of Israel' wouldn't exist? COME HOME2 HUMANITY,ISRAEL

6 ) Ben Cohen / Israel
31/01/2014 19:36
#4 and yet it cannot last a day without US/EU donorship and military aid. Hmmm.....

7 ) Colin Wright / USA
31/01/2014 21:14
To Paul?Kenya #1: 'Small patatoes, we in Africa love Israel, we support the Jewish state.' Cool. YOU can start sending her that three billion a year in aid she needs.

8 ) Colin Wright / USA
31/01/2014 21:15
to jootoo #4: 'All the rest of the world will be lining up at Israel’s airports, with the intent of buying knowledge and expertise from Israel...' Good stuff. So we can stop giving her aid?

9 ) Dave / Canada
31/01/2014 22:29
Paul - "we in Africa love Israel", well I know the South African Apartheid regime was pretty close but I think that line stretches reality - although great satire. Kudos to Norway for doing the right thing.

10 ) Rachamim Dwek / Israel
01/02/2014 02:53
@#5 Ben Cohen:"Israel couldnt last a day without US and EU funding.": Every penny the US has given Israel since 1948 amounts to $142 Billion. Our annual GDP is $260 Billion so that every penny added together is merely less than 60% if a single GDP. Do you realise now how silly your post was? Israel is the #3 arms exporter on the planet and has the highest ratio if Hi Tech vis a vis exports so that the country is BDS proof and ALL Aid being cut wouldnt even make a dent.

11 ) Mel / USA
01/02/2014 16:14
#1,4 & 10:Super! Thanks for lobbying for why USG MUST INDEED STOP all the checks &patronage of 'The Zionist Republic of Israel'& its racist/bigotted SQUATTERS! Those BILLIONS in MISAPPROPRIATED US tax $'s (to illegally occupying Israel)p.a.can go to serve 340 MILLION Americans(incld.45 MILLION below the poverty line)homeless,jobless,hopeless,crumbling infrastructure & our real allies who DESERVE it! Israel can just keep selling death & hi-tech spyware (probably to US enemies as before).CUT AID!

12 ) Concepta Flynn / Eire
01/02/2014 19:12
#4: jootoo "Israel’s start-ups will already have developed battery and biofuel technologies, which the rest of the world will require tomorrow" - Yes, but we don't need it to day, & as Faustus found out, it doesn't always do to sell one's soul. Good for Norway & all who support the BDS movement. #11: Mel - Nice post, you should run for president!

13 ) Bob / Canada
02/02/2014 15:49
@#4 jootoo - the Israelis represent about one tenth of one percent of the world's population (00.1%). As if they are going to supply the needs of the entire planet. As a matter of fact, Israel will not survive without the co-operation of the Gentile population and the way things are going, the 99.9% are getting fed up and it does not look good in the future.
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