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Article

12 Feb 2006

Author:
Peter Smith, Courier-Journal [Kentucky, USA]

Church plan on Israel in question - Divestment policy unfair, some say [USA]

The Presbyterian Church (USA) won't be pulling any investments from companies working in Israel anytime soon. And some church members are trying to change church policy so it doesn't pull any investments at all... The church's divestment policy, approved by its assembly in 2004, was designed to pressure Israel to end its occupation of Palestinian territories... Of the five corporations targeted by the church investment committee, four of them supply hardware to Israel's occupation forces in Palestinian territories — Motorola, ITT Industries, Caterpillar and United Technologies. The fifth..., Citigroup,...has denied accusations it has been used to launder Palestinian terrorist money.