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July 05, 2012

NYT: In close vote, Presbyterian Church rejects divesting in firms that aid Israeli occupation

by Laurie Goodstein
The New York Times

A deeply divided Presbyterian Church (U.S.A.) on Thursday became the latest American church to shy away from divesting in companies that supply equipment to Israel to enforce its control in the occupied territories, after a passionate debate that stretched late into the evening and a vote that was nearly a tie.

The decision not to divest, the culmination of an eight-year process, was watched intensely by Christians, Jews and Palestinians in the United States and in the Middle East. It is likely to bring a sigh of relief to Jewish groups in Israel and the United States that lobbied Presbyterians against divestment, and to dismay the international movement known as B.D.S. -- Boycott, Divest and Sanctions -- which advocates using economic leverage to pressure Israel to return occupied land to the Palestinians.

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