Tag: Lev Leviev

  • Palestinian-led movement to boycott Israel is gaining support

    Gal Beckerman | Forward 16 September 2009 Uzbekistan-born diamond mogul Lev Leviev announced late in August that his company, Africa-Israel, was drowning in debt of more than $5.5 billion that it could not repay. Over the next two days, shares in the company’s stock plummeted by more than one-third. It was relentless bad news for…

  • U.S. pension fund giant confirms divestment from Israel firm

    Ora Coren | Ha’aretz 12 September 2009 The U.S. pension fund giant, TIAA-CREF, confirmed in statements to the media on Friday that it divested from Africa Israel Investments, owned by Israeli billionaire Lev Leviev, earlier this year. The statements came in response to a letter initiated by a pro-Palestinian group, Adalah-NY, and signed by TIAA-CREF…

  • Oslo pressured to dump Africa Israel as well

    Nimrod Halpern | Ha’aretz 7 September 2009 A day after Norway announced its divestment from holdings in electronics defense company Elbit Systems for ideological reasons, human rights organizations are calling on Oslo to dump its holdings in Africa Israel Investments as well. Norway’s problem with Elbit Systems is its provision of equipment to monitor the…