Major fund manager divests from Israeli banks over settlement-building on occupied land

(JPost) Trouble still brews between Israeli and EU relations.  Several months ago the European Union penalized Israel over its policies of building settlements on occupied Palestinian land.  Now, according to the Jerusalem Post, “a major pension fund manager based in the Netherlands said on Wednesday it will divest from five Israeli banks over their dealings with Jewish settlements on occupied land.”  The Post made it clear that the decision by PGGM “reflects tension between Israel and the European Union over doing business with Israeli institutions involved in settlements in the West Bank and east Jerusalem.”