Thursday, January 03, 2008

Divestment from Iran

The employee fund will further consider divestment — probably focused on Iran — at its Feb. 26 meeting.

http://www.statesman.com/business/content/business/stories/other/01/03/0103sudan.html

With the overwhemling majority vote in the UN against Capital Punishment and condemnation of the state of Human Rights in Seyyed Iran, many of the US investment funds are having to sell shares in companies that do business in Iran. The Chinese companies are getting hit most. The Chinese have tried to delay the UN Security Council, but the real course of action, is within the US itself. So ironically the US's problem with the Seyyeds can be solved right from the US.