Norway's sovereign wealth fund, the largest in the world, has divested from American construction company Caterpillar over ethical concerns related to its equipment being used by Israel in Gaza and Judea and Samaria. This move has sparked diplomatic tensions, with United States Senator Lindsey Graham warning Norway of possible trade tariffs or visa restrictions in response, calling the decision 'beyond offensive.' Norwegian Prime Minister Jonas Gahr Stoere reached out to Graham, clarifying that the fund operates independently and that the divestment was not a political decision but followed recommendations from the Council on Ethics. The fund's actions are part of a broader campaign in Norway, with some political parties pushing for a full boycott of Israeli companies ahead of upcoming elections, although parliament recently voted against a blanket divestment from all firms operating in occupied territories.

Original article source: https://www.israelnationalnews.com/news/414101
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