Because the Norwegian Pension Fund - which is the largest in the world: has decided to withdraw from investing in Caterpillar, an American company, because Israel uses some of their products.

As the Council on Ethics assesses, there is no doubt that Caterpillar’s products are being used to commit extensive and systematic violations of humanitarian law. Nor does the company have any measures of its own to prevent such use," the council wrote in to exclude the company from the fund.

      • bobs_monkey@lemmy.zip
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        6 days ago

        Nah nah, the countries with the best leaders. Ya know, the dictators that inspire our fatass douch-in-chief.

      • talkingpumpkin@lemmy.world
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        6 days ago

        They have been threatened multiple times too (at least, I remember Russia and Israel - IDK about the others).

        TACO Trump may have not followed up on his threats towards those countries (I really don’t know - I tend not to listen, as his words have little weight), but that’s another story and… it’s not like he followed up on all the threats to the EU and others.

        Threats are as integral to Trump administration’s modus operandi as they are to organized crime’s: strength and fear is just the way they see the world, and the way they think it should work.

        And it may very weel be that we have been wrong all along. We still yearn towards a sort of global utopia where countries respect each other and agree to reasonable and equitable treaties, but it might very well be that what of this utopia that was realized through he UN, WTO and other supranational organizations was just an illusion itself, one based on strength and that was destined to last only as long as the strongest actor was willing to back it.

        We’ll have see if the US will really leave the western block as they seem to be doing, and if what remains of it will be enough to keep the dream going.

        BTW: IIUC Israeli exports too are subject to 15% tariff. Which I read as a sign that, friend or foe, 15% was Trump’s baseline want and that whatever extra he managed through his “negotiations” was icing on the cake. He got lots of European icing on top of lots of European cake - I wonder if he gained a few kilos.

  • middlemanSI@lemmy.world
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    6 days ago

    I don’t think sanctions against israel and their support network are fair, they should be much much stronger.

  • Saleh@feddit.org
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    6 days ago

    Sounds like the fund should review more US companies and divest from them if they have ties to national security threats.

      • porksnort@slrpnk.net
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        6 days ago

        Yeah, I am as ‘out’ as I can be and still have mega-bitch tendencies in spite of my best efforts. Pile a lifetime of self-deception and the platform of a Senator on top of that?

        A Megazord of bitches, that’s what you get.

  • acargitz@lemmy.ca
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    6 days ago

    This is the guy who said “hold my words against me”, right? Fuck this guy.