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Cambridge City Council Advances Divestment from Israeli Arms
The Cambridge City Council narrowly approved a resolution urging city pension funds to divest from companies supplying arms and technology to the Israeli military. The decision, a compromise, will lead to an independent review of investments in firms like Elbit Systems and Boeing.
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What happened
- 01Cambridge City Council voted to review investments in companies supplying Israeli military.
- 02The resolution targets firms like Elbit Systems, Palantir, Boeing, Lockheed Martin, and GE Aerospace.
- 03Divestment efforts are estimated by activists to involve tens of millions of dollars in city investments.
- 04Council member the council member led the initiative, stating she didn't want 'blood on her hands'.
- 05The approved measure is a compromise, avoiding an official adoption of the BDS movement's platform.
- 06Opponents expressed fears of increased antisemitism and harm to Jewish residents' security.
The move has sparked division within the community and raised concerns about antisemitism and the security of Jewish residents. A more extreme proposal for a broader boycott was rejected.
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