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.
Hamas plans to back ‘technocrat’ candidates and prominent tribal figures in local polls slated for October
Saudi-Yemeni border sees rising clashes between Saudi troops, Houthi militants
Disaster and Emergency Management Authority says tents to accommodate 1,000 people have so far been set up in the city
Death toll from the attack feared to rise, which also injured scores
Elmar Brok said: "The PYD in Syria shouldn't use the fight against ISIL as an excuse to take hold of Arab regions. They have no business there."
Rocket attack on tanks also wounds 3 other troops, military official says
US secretary of state says he agreed plan to resume peace talks in Yemen with a view to forming unity government
Life returning to normal days after Turkey launched Operation Euphrates Shield in support of FSA fighters
Turkey, in pursuit of a joint act to create a safety zone in northern Syria for refugees, seems to be enforcing its plan on its own
The bill sets a 4-month timeframe for approving an application for building a church
Up to 230 Palestinians have been killed by Israeli forces since October