Financial Times | Norway’s oil fund sells Caterpillar stake over Israeli allegations

Divestment marks first time fund has sold out of a non-Israeli company because of role in Palestinian territories

#Norway ’s Council on Ethics said: ‘There is no doubt Caterpillar’s products are being used to commit extensive and systematic violations of international humanitarian law’

#Palestine#Israel#BDS

https://www.ft.com/content/31387962-398d-4809-950a-6353f9178728

Financial Times | Norway’s oil fund sells Caterpillar stake over Israeli allegations

Divestment marks first time fund has sold out of a non-Israeli company because of role in Palestinian territories

#Norway ’s Council on Ethics said: ‘There is no doubt Caterpillar’s products are being used to commit extensive and systematic violations of international humanitarian law’

#Palestine#Israel#BDS

https://www.ft.com/content/31387962-398d-4809-950a-6353f9178728

@quixoticgeek @ChrisMayLA6 It has been reported that around 30 of Norway's richest left by The Guardian: https://www.theguardian.com/world/2023/apr/10/super-rich-abandoning-norway-at-record-rate-as-wealth-tax-rises-slightly

And another source that claims 80 people (uncited): https://www.brusselsreport.eu/2024/09/11/the-failure-of-norways-wealth-tax-hike-as-a-warning-signal/

But since people started fleeing, there has been an "exit tax" put in place, so I'm not sure whether that is factored into the reported losses: https://www.lifeinnorway.net/exit-tax-changes/

#Norway#TaxEvasion#TaxTheRich#WealthTax#ExitTax

Meanwhile in Norway.... the taxation of the wealthy has become a key election issue, with the major parties responding to the 'exodus' of the mega rich (upset at a 1% wealth tax) over the last decade.

Even if the centre Left wins, it looks like the tax will be 'reviewed' at the very least.

Which once again poses the Q. of why the ultra-rich who would hardly notice a 1% levy on their wealth get so vexed about its imposition? A Q. of relevance well beyond Oslo.

#tax#Norway #politics
h/t FT

“The prolonged Nordic #heatwave in July was supercharged by the climate crisis and shows “no country is safe from #ClimateChange”, scientists say.

#Norway, #Sweden and #Finland have historically cool climates but were hit by soaring temperatures, including a record run of 22 days above 30C (86C) in Finland. Sweden endured 10 straight days of “tropical nights”, when temperatures did not fall below 20C (68F).”

Norway #Oil, #gas exports and high temperatures.

#ClimateEmergency 🔥 <https://www.theguardian.com/environment/2025/aug/14/nordic-heatwave-climate-crisis-sweden-norway-finland>

Børge
Børge boosted

Youngstorget (square) with Stensbakgården (building) and Venstres Hus (the building owned by the political party Venstre). The streets are Torggata and Pløens gate.


Year: 1963


Photo: Arbeiderbladet (CC BY-NC-ND)

https://digitaltmuseum.no/0210114049934/youngstorget-med-stensbakgarden-og-venstres-hus-torggata-ploensbakken-april

#norskpix #oslo #norge #norway #historical

Youngstorget (square) with Stensbakgården (building) and Venstres Hus (the building owned by the political party Venstre). The streets are Torggata and Pløens gate.


Year: 1963


Photo: Arbeiderbladet (CC BY-NC-ND)

https://digitaltmuseum.no/0210114049934/youngstorget-med-stensbakgarden-og-venstres-hus-torggata-ploensbakken-april

#norskpix #oslo #norge #norway #historical

“The prolonged Nordic #heatwave in July was supercharged by the climate crisis and shows “no country is safe from #ClimateChange”, scientists say.

#Norway, #Sweden and #Finland have historically cool climates but were hit by soaring temperatures, including a record run of 22 days above 30C (86C) in Finland. Sweden endured 10 straight days of “tropical nights”, when temperatures did not fall below 20C (68F).”

Norway #Oil, #gas exports and high temperatures.

#ClimateEmergency 🔥 <https://www.theguardian.com/environment/2025/aug/14/nordic-heatwave-climate-crisis-sweden-norway-finland>

I love how the Norwegians have built so many mountains!

In the first picture you can see a bit of mountain with the mounting points for new additions. New rocks and gravel to be added can be seen in the foreground.

The second picture shows bits of the concrete beams that hold up the mountain sticking out. We took a little path round the back, so I guess someone skimped on finishing up where hardly anyone will see it anyway.

#travel #nature#Norway #photography