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Five Belgian banks are being targeted by a campaign group that wants
them to disinvest from French oil company Total and US retailer
Wal-Mart. The Brussels-based sustainable finance non-governmental body
Netwerk Vlaanderen says that AXA, Dexia, Fortis, ING and KBC between
them invest almost $2.4billion ($2.9bn, £1.63bn) in Total shares and
$1.6bn in Wal-Mart. It says they should shun Total for its involvement
in Burma and Wal-Mart because of poor labour standards.
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