Norway's $2 trillion wealth fund divests from Caterpillar and Israeli banks over rights concerns in Palestine.

Norway’s $2 trillion wealth fund has divested from Caterpillar and five Israeli banks due to alleged involvement in rights violations in Gaza and the West Bank. The fund, managed by Norges Bank Investment Management, cited an "unacceptable risk" that these companies contribute to serious violations of individual rights in conflict situations. The divestment follows recommendations from the fund’s Council on Ethics and includes a temporary halt on investing in other Israeli firms outside the fund’s equity benchmark index.