The Mennonite Church USA voted Thursday to divest itself from any financial holdings with companies profiting from Israel’s “occupation.” A divestment resolution, which received 98 percent support among the 550 delegates at the church’s national convention in Orlando, Florida, says the Protestant sect “opposes the Israeli military occupation while
taking a stand against anti-Semitism and affirming the need to build stronger relationships with Jewish communities.” The resolution asks the church’s $3 billion financial agency, Everence, to “review investment practices for the purpose of withdrawing investments from companies that are profiting from the occupation.” It also calls on individual adherents of the Mennonite denomination to review their investments. The economic impact is expected to be minimal. READ MORE
