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Netherlands' Top Pension Fund Dumps Caterpillar Over Gaza Demolitions
Via The Cradle
The Netherlands' largest pension fund, ABP, announced Wednesday that it had divested from US manufacturer Caterpillar, citing concerns over the use of its equipment by Israeli forces in Gaza.
ABP, which manages investments on behalf of three million government and education employees, confirmed it had sold its stake worth around $454 million as of late March.
Getty Images
"Our investment approach must ensure good returns while being socially responsible," the fund said in a statement to AFP. It added that when companies fail to meet its standards, discussions are held, but “if these do not lead to the desired results, ABP will stop investing in these companies.”
While declining to disclose decisions about individual firms, ABP acknowledged that "the composition of our investment portfolio is evolving, particularly in Israel–Gaza." AFP said Caterpillar had been contacted for comm...
Israel Deploying Unmanned Bulldozers In Gaza For Large-Scale Warfare
Via The Libertarian Institute
The Israeli military has increasingly opted to deploy an unmanned version of Caterpillar's D9 bulldozers to a number of battlefields. The remotely operated systems allows the IDF to flatten areas without risking additional troops.
According to The Times of Israel, Tel Aviv has deployed the unmanned D9 – or RobDozer – to Gaza and Lebanon since October 7, 2023, and Israeli officials say the IDF is ramping up its use of the system. One source told AFP Israel has used "robotic tools for over a decade, but in very small numbers. Now it is being used in large-scale warfare."
D9 Dozer, file image
The RobDozer was developed by Israel Aerospace Industries (IAI), which claims the platform is the "ultimate combat bulldozer." IAI's website explains that "The RobDozer's integration into military engineering units significantly boosts their capability to rapidly alter landsc...
Wie "Tageins" berichtet, war die Waffe bei der Übergabe der österreichisch-israelischen Geisel zu sehen. Das Unternehmen schließt offizielle Lieferungen freilich aus, vermutet illegale Inbesitznahme...