• BoblinTheGoblin [none/use any]@hexbear.net
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    2 days ago

    Such a confusingly written article title. Here’s a better one: “Norway suspends investment ethic council rules which would have forced selling $2.1tn of Big Tech stakes held associated with Israel.”

  • Tommasi [she/her, pup/pup's]@hexbear.net
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    3 days ago

    What’s the point of having an ethics board when you just sideline them whenever there’s even a risk they might say something you don’t like?

    The fund owns like 1,5 % of all publicly traded stocks in the world across thousands of companies, it can survive withdrawing from 3 of them actually.

  • PKMKII [none/use name]@hexbear.net
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    3 days ago

    Mr Stoltenberg said: “It is obvious that there is a possibility that the existing framework can lead to a decision by an independent body to withdraw from some of the largest companies in the world. That would undermine the purpose of the fund to be a broad, diversified global investment fund.”

    Nothing says investment diversification like investing in the biggest tech oligarchs.