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US presses Norway over $2 trillion fund’s Caterpillar divestment
short by / on Thursday, 4 September, 2025
The US said it is directly engaging with Norway after its $2 trillion sovereign wealth fund dropped Caterpillar and five Israeli banks on ethical grounds tied to Gaza. The fund cited Caterpillar bulldozers in unlawful property destruction. Washington called the move illegitimate, while Sen Lindsey Graham urged tariffs and visa bans on Norwegians.
read more at Stocktwits