LOUISVILLE, Ky. — A committee within the Louisville-based Presbyterian Church (USA) says the denomination should dump investments in three American companies it says profit from the Israeli-Palestinian conflict.
The committee says the companies – Caterpillar, Motorola and Hewlett-Packard – profit from Israel’s occupation of Palestinian lands.
The divestment recommendation must be approved by the church’s legislative General Assembly in 2012 to become policy.
A report from the denomination’s Committee on Mission Responsibility Through Investment says Caterpillar produces bulldozers and Hewlett-Packard and Motorola Solutions produce technology used to bolster the Israeli occupation of Palestinian lands, and Jewish settlements on them.
Matt Goldberg, community relations director of the Jewish Community of Louisville, told The Courier-Journal that such recommendations do not “advance the cause of peace in the region.”
(www.kentucky.com / 19.09.2011)