Palestinian advocates, both in and outside the church, described the step as an important advance in the Boycott, Divest and Sanction campaign, or B.D.S., an international effort to pressure Israel economically over the Palestinian issue. Others within the church, however, called those claims misleading, noting that the church remains invested in other Israeli companies and that members had overwhelmingly opposed divestment resolutions.
There was no immediate comment from Israeli officials.
Nonetheless, the inclusion of Israeli banks on what is essentially a blacklist compiled by the pension board of a large American church, appears bound to upset the Israeli government, which devotes considerable effort to combating resolutions by academic institutions, businesses and church organizations to divest from Israeli companies over the issue of Israeli settlements and the occupation of Palestinian lands held since the 1967 war.
Prime Minister Benjamin Netanyahu of Israel has described the divestment movement as a campaign to destroy Israel.
The Israeli banks on the United Methodist Church’s list — Bank Hapoalim, Bank Leumi, First International Bank of Israel, Israel Discount Bank and Bank Mizrahi-Tefahot — were among 39 companies from several countries that have been excluded from the pension board’s portfolio for not meeting its Human Rights Investment Policy guideline.
https://endtime.com/wp-content/uploads/2017/06/Screen-Shot-2016-01-13-at-11.33.34-AM.png 263 781 alphatimes https://endtime.com/wp-content/uploads/2020/06/endtime-logo.png alphatimes2016-01-13 00:00:002018-03-28 17:25:08U.S. Church Puts 5 Banks From Israel on a Blacklist