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Bill and Melinda Gates Foundation divests $184 million in G4S stock; Presbyterian Church USA to consider divestment in Detroit

Bill and Melinda Gates Foundation divests $184 million in G4S stock; Presbyterian Church USA to consider divestment in Detroit

As Presbyterians prepare to gather in Detroit, Philip Farah writes an open letter in the Huffington Post on behalf of the Palestinian Christian Alliance urging divestment of church funds that profit from Israeli occupation of Palestinian land.

In breaking news, Bloomberg News has confirmed that the Bill & Melinda Gates Foundation divested all $184 million of its holdings in G4S following an international, Palestinian-led campaign urging the foundation to end investments in the British private security company that helps run Israeli prisons that hold and torture Palestinian prisoners. In the U.S., G4S also operates privatized juvenile detention facilities and works with Homeland Security to detain and deport people across the U.S./Mexico border and transport immigrants to detention facilities nationwide.

For more on this story, please visit Bloomberg News.


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Donna Hicks

And you can follow EPF Palestine Israel Network on Facebook for more information on the Presbyterians’ General Assembly actions. Also G4S carries contracts with cities, counties or other governmental units for basic security of buildings and parking lots and also for personnel to monitor security in public buildings. You might want to check to see if your county or city has such contracts.

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