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  • Tuesday, February 07, 2006

    Church votes to end ties to Israeli occupation

    According to this article, from today's Guardian, the Church of England has voted to sell of shares in companies profiting from the illegal Israeli occupation:

    The main target of the plan will be the US earth-moving equipment company Caterpillar which has supplied vehicles used by Israel to demolish Palestinian homes. When the worldwide Anglican communion called for such a move, at a meeting last summer, there followed protests from Israel and Jewish groups. The church currently invests about £2.5m of its £900m share portfolio in Caterpillar and had been engaged in negotiations with the company about its activities. Caterpillar insists it has not provided the earth movers directly to Israel but to the US military which sold them on.
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