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San Francisco University divests from weapons manufacturers aiding Israeli regime

31 Aug 2024 - 12:07

The University of San Fransisco has begun the process of divesting from four weapons manufacturers that were involved in Israel’s genocidal war on Gaza as a great victory for the pro-Palestine activists.


Students for Gaza SFSU said the university will sell its corporate bond position in American aerospace and arms manufacturer Lockheed Martin Corporation, Italian defense company Leonardo, US-based data analysis enterprise Palantir Technologies, as well as construction equipment manufacturer Caterpillar.
 
The American Friends Service Committee (AFSC) had earlier described the corporations as “profiting from the Gaza genocide.”
 
Students at the SFSU held a press conference and rally in the Malcolm X Plaza on campus where they announced the news to fellow students.
 
Activists say the move came following months of demonstrations from pro-Palestinian groups calling on the SFSU to withdraw investments in portfolios that profit from harming Palestinians.
 
Back in April and May this year, students set up an encampment at SFSU, as part of the nationwide call for students to demand universities to divest from corporations seen as complicit in the bloody Israeli onslaught against Gaza. The encampment organized by Students for Gaza SFSU lasted three weeks.
 
Israel launched the war on Gaza on October 7 after Palestinian resistance groups carried out a surprise retaliatory operation into the occupied territories.
 
So far, the regime has killed at least 40,602 Gazans, most of them women, children, and adolescents. Another 93,855 Palestinians have sustained injuries as well.
 


Story Code: 648106

News Link :
https://www.taghribnews.com/en/news/648106/san-francisco-university-divests-from-weapons-manufacturers-aiding-israeli-regime

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