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U.S. Anglicans eyeing divestment criticize Israel W. Bank policy

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Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-05 08:25 PM
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U.S. Anglicans eyeing divestment criticize Israel W. Bank policy
http://www.haaretz.com/hasen/spages/575397.html

<snip>

"The U.S. Episcopal Church, considering a review of investments in companies that do business with Israel, said on Thursday a high-level fact-finding team came back deeply disturbed after visiting the West Bank and nearby areas.

"Israel has a right to defend itself. But it appears that, in the name of security, injustices are being done to the Palestinians that amount to collective punishment," said Jacqueline Scott, a member of the Standing Commission on Anglican and International Peace with Justice Concerns."

<snip>

"The investments committee is scheduled to issue a report to church leaders later this year on whether the Episcopal Church is profiting from its investments in corporations that help support Israel's occupation of Palestinian territories or that may be harmful in general to Palestinians.

It is not known how much of the church's roughly $3.6 billion portfolio might be affected or what companies could be involved, but the issue is heating up in America where the Presbyterian Church USA also has a study under way that could lead to divestments. The latter, with 2.4 million members, has a portfolio valued at $8 billion.
In addition, the World Council of Churches, the main body uniting non-Catholic Christians, encouraged its members earlier this year to sell off investments in companies that make money from the Israeli occupation."



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