Boycotts Don’t Stop Investment in Israel

Causes ▶ Foreign money stays, but activists see subtler effects ▶ Creating an “impact on the mainstream Israeli psyche”

In December the board of the United Methodist Church’s $20 billion U.S. pension added the five largest Israeli banks to its list of companies in which it will not invest, because of their operations inside occupied Palestinian territories. The action followed decisions in recent years by some large pension and institutional funds in Europe to divest from certain Israeli companies.