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.”
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.
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.
Fuuuuuuuuuuuuck this country





