Norway claims end to boycott of Israel

Norwegian PM says she will not boycott Israel, but rather normalize the bilateral trade relations. The new Norwegian government, which so far was considered one of the most hostile administrations facing Israel, is working towards bracing the ties between the two countries and enhancing mutual cooperation in an array of fields. The conservative-progressive minority government,… Read More Norway claims end to boycott of Israel

Al Gore pave the way for “Oil and Islam-TV”

Al Jazeera Media Network has announced that it has acquired US cable channel Current TV. Al Jazeera is paying about USD 500 million for Current TV. That means former U.S. Vice President Al Gore’s stake in the deal may net him USD 70 million. Not surprisingly, much remains cloaked behind the deal’s burqa. Some are criticizing Mr.… Read More Al Gore pave the way for “Oil and Islam-TV”

India feels the heat for supporting Iran

India ships will lose insurance due to Iran sanctions, may look to China. Indian shipping firms will find it difficult to obtain replacement insurance coverage to continue importing Iranian crude oil after new European Union sanctions come into effect, industry sources said. State-run Shipping Corp. of India, the largest tanker owner in India, will lose… Read More India feels the heat for supporting Iran

Islamic Saudi invades Bahrain to stop democratic protests

The base of the US 5th fleet is a risk. Washington orders Saudi troops to “secure” the naval base of Bahrain. Soldiers sent to protect Sunni ruling family after weeks of Shi’ite protests; opponents of island’s dynasty call the move “war.” Saudi Arabia and the United Arab Emirates dispatched forces to Bahrain on Monday in… Read More Islamic Saudi invades Bahrain to stop democratic protests

Norway Oil fund to boycott Israeli construction companies

Sigbjørn Johnsen is the Minister that has decided that Norway shall boycott the two Israeli companies Africa-Israel Investments and Danya Cebus Ltd. The reason given is the companies’ construction in the West Bank. The Norwegian Finance Ministry, headed by Sigbjørn Johnsen, on Monday said: “The ethics council stresses that construction of settlements in the occupied… Read More Norway Oil fund to boycott Israeli construction companies