L.A. boycotting firms with business in Sudan

first_imgThe situation in Darfur has been condemned by the United Nations, with the death of an estimated 400,000 people and the displacement of 3.5 million. Lists of companies that do business with the Sudan is available from the Sudan Divestment Task Force at www.sudandivestment.org. City Council President Eric Garcetti said the city’s action is similar to what it did nearly two decades ago, when it divested from firms doing business in South Africa to protest apartheid. The campaign to divest from Darfur is being organized by a number of local groups, including Jewish World Watch, a coalition of more than 50 synagogues started by Rabbi Harold Schulweis of Valley Beth Shalom in Encino. In addition to its campaign for divestment, Jewish World Watch also has built two medical clinics and 25 water wells in Darfur. Comparing the humanitarian crisis in Darfur to the Holocaust and the Armenian Genocide, Los Angeles officials announced plans Wednesday to halt investments with firms doing business with Sudan. During a City Hall news conference, Mayor Antonio Villaraigosa and the City Council announced that Los Angeles would join with California and 16 other states in boycotting business with the African nation. Villaraigosa estimated the city has $27 million of its $40 billion pension fund invested with firms doing business in Sudan. “Today, the city is adding its voice to the international outcry over the genocide in Darfur,” Villaraigosa said. “With the hope of saving lives, the city is divesting its holdings from Sudan. We must stand for freedom and basic human rights.” Villaraigosa said the city is also urging support of a measure introduced by Rep. Adam Schiff, D-Pasadena, to have the United States also divest itself of investments with firms doing business in the Sudan as well as adopt legislation formally recognizing the killings of 1.5 million Armenians in 1915 as a genocide. [email protected] (213) 978-0390 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img

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