Norway Reviews Wealth Fund’s Israeli Investments
Norway Reviews Wealth Fund’s Israeli Investments

Norway Reviews Wealth Fund’s Israeli Investments

News summary

Norway's government has initiated a comprehensive review of its $2 trillion sovereign wealth fund’s investments in Israeli companies, following public outcry over significant holdings in Bet Shemesh Engines, which services military aircraft used in the Gaza conflict. The review was ordered due to concerns that such investments may breach the fund’s strict ethical guidelines against supporting companies implicated in human rights abuses or violations of international law. Prime Minister Jonas Gahr Støre and Finance Minister Jens Stoltenberg have tasked the central bank and the fund’s ethics council with conducting the review. The process will focus on ensuring companies linked to the occupation of the West Bank or the conflict in Gaza are excluded in accordance with the fund's policies. This development has sparked a political debate in Norway regarding the country’s commitment to ethical investing. The wealth fund has previously divested from some Israeli companies and may consider further actions based on the review’s findings.

Story Coverage
Bias Distribution
50% Center
Information Sources
daae85f0-2883-42fc-b085-888140adf30d71639883-fbbd-48af-8cc3-393f63e7b2ef4cacbc6b-b00f-4e58-8f75-480d382d2a4a5a2a5aad-a68d-4ad4-a0bb-fd4b8b61f120
+2
Left 33%
Center 50%
R
Coverage Details
Total News Sources
7
Left
2
Center
3
Right
1
Unrated
1
Last Updated
8 min ago
Bias Distribution
50% Center
Related News
Daily Index

Negative

26Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News