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Michigan pension fund sues Ben & Jerry’s owner over ice cream maker’s Israel policy

JTA – Ben & Jerry’s announcement nearly one year ago that it would no longer sell ice cream in “occupied Palestinian territories” is continuing to attract ire, as it finds itself…

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Sovereign wealth fund rules out pumping gas profits back into fossil fuel industry

A sovereign wealth fund set up by Israel for proceeds from offshore gas extraction will not invest the money back into oil and gas companies, the official in charge of…

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Spurred by Russian threat, Germany okays $100 billion fund to beef up army

BERLIN, Germany — The German parliament voted on Friday for a constitutional amendment to create a special 100 billion euro ($107 billion) fund to rearm the German military and modernize…

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Liberman: No reason to fund Haredi institutions that teach ‘idleness’

Continuing his feud with the ultra-Orthodox parties, Finance Minister Avigdor Liberman said Monday that there was no reason to fund Haredi Torah institutions that teach “idleness.” Addressing a faction meeting…

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After lengthy delay, Israel’s sovereign wealth fund to begin June 1

JERUSALEM, May 30 (Reuters) - Israel's long-delayed sovereign wealth fund can start operating on June 1 now that taxes on profits from natural gas and other resources have passed the…

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