Presbyterian Church (USA) Goes Ahead With Divestment in Israel

November 10, 2004

Source: Chicago Tribune

On November 10, 2004 Chicago Tribune reported, "Despite an outcry from American Jews, a Presbyterian Church (USA) committee has taken its first steps toward a process of selective divestment of it's financial stake in companies that profit from the Israeli occupation of Palestinian territories. On Tuesday, the church announced the standards it would use to identify which companies in its portfolio perpetuate the Israeli-Palestinian discord. Once identified, those companies will be asked to change their business practices with parties that play a role in the conflict... The step toward divestment in the Middle East further deepens the rift between Presbyterians and Jews, among whom relations were starting to fray."