Boycott, Divestment, Sanctions (BDS) is a Palestinian-led movement for freedom, justice and equality. BDS upholds the simple principle that Palestinians are entitled to the same rights as the rest of humanity.
On Tuesday, I will be visiting Pittsburgh to perform my Pink Floyd hit "The Wall" at Consol Energy Center. By coincidence, the General Assembly of the Presbyterian Church (USA) has gathered this week in Pittsburgh.
One issue the Presbyterians will be debating is whether to take action in support of Palestinians living under Israeli occupation in the West Bank, under siege in Gaza and as second-class citizens in Israel under the rule of the apartheid government there.
I write in support of those Presbyterians who would like their church to divest its holdings in three U.S.
WASHINGTON (JTA) – The sale of Caterpillar tractors to Israel was a factor, but not the determining one, in the delisting of the company from an influential index that prioritizes good governance and human rights.The move, however, is poised to further complicate the difficult ongoing conversation about Israel taking place between American Jewish gruops and the Presbyterian Church (USA).
A senior official at MSCI-ESG, a subdivision of MSCI, an investment advice firm, said Caterpillar already had a low rating before its delisting earlier this year, in part because of its association with the I
Pension fund giant TIAA-CREF has removed Caterpillar, Inc. from its Social Choice Funds portfolio. As of May 1, 2012, financial data posted on TIAA-CREF’s website valued Social Choice Funds shares in Caterpillar at $72,943,861. Today it is zero.
“We applaud this decision,” said Rabbi Alissa Wise, Director of Campaigns at Jewish Voice for Peace and National Coordinator of the We Divest Campaign (www.wedivest.org).