Mr Stoltenberg told the Financial Times that Norway’s government had now put the work of the fund’s ethics council on hold over fears it could lead to more widespread divestment of US businesses.
Jens Stoltenberg, the nation’s finance minister, said there was a risk that its ethics council could have called for it to “withdraw from some of the largest companies in the world”, including Amazon, Microsoft and Google, which would “undermine” the fund.
The sovereign fund, which manages the country’s vast oil wealth, had previously divested from 11 Israeli companies on ethical grounds.
It also sold out of US business Caterpillar in August after its bulldozers were allegedly used by the Israeli military to demolish buildings in Gaza, a move that triggered tensions with Washington.
Jens Stoltenberg, late Secretary General of NATO is now Norway's Finance Minister.
Stoltenberg was previously the current PM's boss when Stoltenberg was PM.
Stoltenberg and Store are both members of the pro-European, social-democratic Labour party. Centre left.
Like Mette Fredericksen, PM of Denmark and member of the Social Democratic party.
Both countries are strong on defence, supporting Ukraine, and tightening up on immigration.
Now it appears that both of them are deciding that they can't afford their peace-time principles.
They both go to the same clubs as Carney and Starmer.