Norway pension fund divests from Caterpillar Inc due to Israeli military sales
The largest pension fund in Norway has announced it will no longer invest in Caterpillar Inc over the US construction equipment manufacturer’s sales to the Israeli military, Reuters news agency reports.
KLP said it had excluded Caterpillar from its portfolio over concerns the Israeli military is using its heavy machinery to carry out human rights abuses and violate international law, including the demolition of homes and infrastructure, in Gaza and the occupied West Bank.
KLP said it had engaged in dialogue with Caterpillar over several months, but did not receive satisfactory assurances on the issue, resulting in a June 17 decision to divest shares worth 728 million Norwegian crowns ($69m).
An Israeli armoured Caterpillar D9 bulldozer manoeuvres near the Israel-Gaza separation fence
India exports rockets and explosives to Israel amid Gaza war
https://www.aljazeera.com/features/2024/6/26/india-exports-rockets-explosives-to-israel-amid-gaza-war-documents-reveal
On June 6, in the aftermath of Israel’s bombing of a UN shelter at Nuseirat refugee camp in Gaza, the Quds News Network released a video of the remains of a missile dropped by Israeli warplanes.
Amid the tangled parts, a label clearly read: “Made in India.”
Documents seen by Al Jazeera and company statements suggest weapon parts from India, a country that has long advocated dialogue over military action in resolving conflicts, are quietly making their way to Israel, including during the continuing months-long war in Gaza.
Analysts say a lack of transparency on India’s transfers helps them slip under the radar.
"Made in India"
Reads the label on the remains of a missile dropped by Israeli warplanes at a UN shelter in Nusseirat refugee camp last night. pic.twitter.com/NOFMXr64Tp
— Quds News Network (@QudsNen) June 6, 2024
