Norway fund cuts off Israeli companies over illegal settlements ...Kuwait

The Norwegian Sovereign Wealth Fund has decided to cut off two Israeli companies due to their activities in illegal Israeli settlements in the West Bank, Bloomberg reported on Thursday. The government-run fund removed Shapir Engineering and Industry Ltd. and Mivne Real Estate KD Ltd. due to what they said was "the unacceptable risk that the companies are contributing to with systematic violations of individuals' rights in… wars or conflicts," according to a statement. Israeli settlements in the West Bank, where roughly half a million Israelis live, are considered illegal under international law. However, despite repeated warnings to halt construction, Israel has failed

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