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Article

10 Sep 2006

Author:
Kelly Heyboer, Star-Ledger [USA]

New student activists fight old-fashioned horror in Sudan [USA]

A student-run grassroots movement has inspired more than 25 [universities]...to pull their investments from companies that do business in [Sudan]...The trustees at Drew University...plan to meet in October to consider a plan to ban their campus from investing any of its $236 million endowment in companies that do business in Sudan...[O]rganizers admit the college divestiture hasn't made a dent in company profits... But the grassroots college movement is helping influence public opinion and put pressure on the Sudanese government, [said Daniel Millenson, head of the Sudan Divestment Task Force]... [B]usiness groups have opposed the divestiture movement, saying it will hurt American investors and the people of Darfur more than the Sudanese government... In June, Princeton University began screening five companies -- PetroChina, Tatneft, ABB Ltd., Sinopec and Bharat Heavy Electronics [BHEL] -- that it may have a minor interest in...