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Norwegian Fund Blacklists Caterpillar Over Gaza Fears

  • Norway's largest pension fund divested from US company Caterpillar due to concerns about its equipment being used by the Israeli army in Gaza.
  • Caterpillar supplied equipment for demolishing Palestinian homes, allegedly supporting Israeli settlements and the Israeli Defence Force in Gaza.
  • The divestment decision was influenced by accusations of Caterpillar's equipment usage in connection with Israeli military actions in Gaza.
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Barron's broke the news in New York, United States on Wednesday, June 26, 2024.
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