【Key Focus: Norway Suspends Ethical Investment Rules Due to Threats to the Welfare System】
Oslo time, November 4, 2025, The Financial Times wrote in a press release:
Norway has suspended its ethical investment rules to prevent its $1.2 trillion oil fund (Norway's national pension fund) from being forced to sell. Amazon, Microsoft and Alphabet work for the Israeli government.
Norwegian Finance Minister Jens Stoltenberg (former NATO Secretary General) told The Financial Times:
The Ethics Committee plans to consider these companies' activities, as well as organizations listed on the UN blacklist in July. The existing system may lead independent bodies of some of the world's largest companies to make decisions that could undermine the fund's goal of becoming a broad, diversified global investment fund. Selling shares in a U.S. tech giant would harm its status as an index fund and threaten Norway's welfare system. When reviewing the fund's ethical principles, it will also review whether it should be allowed to invest more in defense companies.
Original: www.toutiao.com/article/1847902616512519/
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