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Friday, September 04, 2009

Norway Boycotts Israeli Security Firm Elbit

The Norwegian government has decided to divest from the Israeli security company Elbit over the construction of a barrier in Judea and Samaria. Norway's finance minister, Kristin Halvorsen, announced the decision at a news conference on Thursday.

Norway's pension fund seeks foreign investments for surplus state revenue from the sale of oil and natural gas. The fund is currently worth roughly $395 billion.

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