World News@lemmy.worldEnglish · 2 days ago

Norway suspends $2.1tn oil fund’s ethics rules to avoid selling Big Tech stakes

www.irishtimes.com

cross-posted to:
europe@feddit.org

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Norway suspends $2.1tn oil fund’s ethics rules to avoid selling Big Tech stakes

www.irishtimes.com

schizoidman@lemmy.zip to

World News@lemmy.worldEnglish · 2 days ago

cross-posted to:
europe@feddit.org

Jens Stoltenberg says move will avoid forced sale of shares in Amazon, Microsoft and Alphabet over their work for Israel

cross-posted from: https://lemmy.zip/post/52851375

Norway has suspended its ethical investing rules to avoid its $2.1 trillion (€1.8 trillion) oil fund being forced to sell out of Amazon, Microsoft and Alphabet due to their work for the Israeli government, according to its influential finance minister.

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khepri@lemmy.world
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2 days ago
“So obviously we don’t want our national fund supporting companies that help perpetuate human rights violations, right?”

“Yeah sure but have you seen the three month chart on Dead Babies ‘R’ Us?”

“Oh shit yeah never mind then.”

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