'Peaceful Pursuits' Target of Presbyterian Investing

Summary


BIRMINGHAM, Ala. - The Presbyterian Church (U.S.A.) national assembly on Wednesday revised a 2-year-old policy on Mideast investments that had provoked protest from grass roots churchgoers and Jewish groups.

To vigorous applause, delegates agreed to a new statement that says Presbyterian holdings pertaining to both Israel and Palestinian territory should "be invested in only peaceful pursuits."

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Extract


'Peaceful Pursuits' Target of Presbyterian Investing

The 2004 assembly authorized "phased selective divestment in multinational corporations operating in Israel" because of its policies toward Palestinians. Jewish org...

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