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Wednesday, February 08, 2006
Presbyterians delay divestment move
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Presbyterians delay divestment move
A Presbyterian committee investigating the church’s possible divestment from Israel said it would not recommend divestment to the church’s General Assembly in June.
The church’s Mission Responsibility Through Investment committee said it needs more time before it makes its decision, Religion News Service reported. The Presbyterian Church voted in 2004 to pursue selective divestment from Caterpillar, Motorola, ITT Industries and United Technologies if the companies refuse to stop doing business with Israel.
The Presbyterians also voted in 2004 to look into divesting from Citigroup because of its alleged connection to an Arab bank believed to have ties to suicide bombers.
http://www.jta.org/
posted by Somebody @ 11:20 PM Permanent Link
 
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