Full coverage· Politics· Updated
Palm Beach County Rejects Increasing Israel Bond Investment Amid Protests
Palm Beach County's investment committee rejected a proposal to increase investment in Israeli government bonds from 15% to 20% following months of pro-Palestinian protests.
2 newsrooms · 2 languages · since
Plus
What happened
- 01Palm Beach County's investment committee rejected increasing its allocation to Israeli government bonds.
- 02The decision followed months of pro-Palestinian protests against the investments.
- 03The county had previously invested a record $1 billion in Israeli bonds.
- 04Activists argued the investments financed the war in Gaza and urged local reinvestment.
- 05The rejection prevents automatic reinvestment of maturing Israeli bonds.
- 06Incoming official Yvette Drucker supports continued investment in Israeli bonds.
The county had previously invested a record $1 billion in these bonds, but activists argued the funds were financing the war in Gaza and urged reinvestment in local needs. The decision prevents automatic reinvestment of maturing Israeli bonds, as they already exceed the current limit. The incoming county official, Yvette Drucker, has stated she supports continued investment in Israeli bonds.
Ynetnews publishes in English. The key points are summarized above. Read Ynetnews’s full report from the link below.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- Centre1
- RightNone
- HarediNone
- ArabNone
- Other1
How it broke
See which of the 2 newsrooms broke it, and who waited