World Bulletin / News Desk
European firms are continuing to boycott Israel after it was reported that Dutch pension fund ABP plans to follow fellow pension fund PGGM’s lead in cutting off ties to Israeli banks.
Nordea Investment Management and DNB Asset Management are also reconsidering their relationship with the Zionist state along with Norwegian pension fund KLP, according to the Financial Times.
PGGM two weeks ago decided to withdraw from five major Israel banks in protest at Israel’s ongoing construction of Jewish settlements in occupied West Bank territories, which is illegal under international law.
A US union of academics began the trend by boycotting Israeli educational institutions in late 2013. Israel now fears that the trend may continue to develop and spread across Europe, led primarily by firms in the UK and Scandinavian countries.
Illegal Jewish settlers in the West Bank have already noted a significant drop in income from exports for 2013.
UAE would 'participate in any international effort demanding a ground intervention to fight terrorism', State Minister for Foreign Affairs says
Damascus's denial comes as growing number of countries have cast doubt on whether Syrian regime is truly making efforts to destroy its lethal arms
Local Turkmen commander asserts there are no Daesh militants in Syria's northwestern Bayirbucak region
Planned meeting of Syrian opposition groups in Riyadh in December could boost unity within opposition forces to enter talks on ending the conflict
PM Abadi's remarks come a day after American senators John McCain and Lindsey Graham advocated to nearly triple number of US troops in Iraq
France's top diplomat says it is 'obvious' Assad could not work alongside moderate opposition in Syria
Latest arrests come one day after four policemen are killed in drive-by shooting south of capital Cairo
Jewish state slaps Swede of Palestinian descent with 18 months for allegedly spying for Lebanese armed group
The destroyed bakery was serving 40,000 people per day, owners say
Angered by EU move to label goods from illegal settlements, Israel suspends its role in peace talks with Palestinians
Ground fighting and air strikes by a Saudi-led coalition killed 12 rebels in Daleh province, military sources say; four loyalists were also killed
Declaration comes after the head of International Atomic Energy Agency said a report into the possible military dimensions of Iran's activities would not be 'black and white'
'There was a slight intrusion a mile deep by a Russian plane from Syria into our airspace, but it was immediately resolved and the Russian plane returned towards Syria,' Israeli defense minister says
Protest by the kingdom appeared to refer to remarks posted on Khamenei's Twitter account accusing Bahrain's 'tyrant minority' of 'desecrating' things sacred to the Shiite majority
Policemen died when the assailants fired on their vehicle in an area between the famed Giza pyramids west of Cairo and the Saqarra pyramids to the south
A new oil contract will replace a buy back programme and new joint ventures with international companies once the sanctions are lifted next year