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The United Church of Christ's general assembly on Tuesday voted overwhelmingly in favor of divesting funds at its synod in Cleveland.
You report that US churches intend joining the United Church of Christ in divesting funds for Israeli businesses "in protest at treatment of Palestinians" (theguardian.com, 1 July).
Former students occupied an Oxford building on Monday to protest the university's failure to decide about divesting funds from fossil fuels.
"We have tried to avoid causes". Currey said that board members also were not sure that divesting funds from banks would be in the best interests of blacks in South Africa.
"It is hard for us, as a local agency, to know what to do". She said that the board, when it declined in May to vote for divesting funds from groups doing business with South Africa, did vote to transfer two district checking accounts from large banks into "clean" banks.
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8 30 P.M. (13) NEED TO KNOW Maria Hinojosa interviews the environmental advocate Bill McKibben about his campaign to pressure universities to divest funds from energy corporations.
Coal stocks have plummeted in value in recent years, as has the oil price in recent months, meaning recently divested funds have actually avoided losses.
This means universities, churches, and other investment pools, now increasingly under pressure from mushrooming campaigns to divest funds from fossil fuel companies, must take action.
As a Jewish American, I am embarrassed that my own synagogue does not take the same moral -- and courageous -- stance as that of the Presbyterian Church U.S.A. Jews should be leading the fight to divest funds in Israel until the occupation of Palestinian territory ends.
(6) Alan Rusbridger, whose Keep it in the Ground campaign urges charities to divest funding from fossil fuels.
And we managed recently to get Siemens to divest funding, which was a huge thing.' He's trying to get a film going, conscious of the problems.
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