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New York pension fund may invest in Israel despite Gaza genocide, defying Mamdani
https://www.middleeasteye.net/news/new-york-pension-fund-may-invest-israel-despite-gaza-genocide-defying-mamdani(www.middleeasteye.net)New York City's pension funds may resume investing in Israeli government bonds, a move that would channel public money directly into Israel's treasury. The city's chief financial officer, Mark Levine, is considering the reinvestment based on his fiduciary responsibility and the bonds' strong performance. This potential decision creates a clash with Mayor Zohran Mamdani, who supports divesting from Israel over its actions in Gaza and the West Bank. Critics argue that financing Israel's government underwrites its system of apartheid, settlement expansion, and the killing of civilians.
0 points•by jpoole•2 hours ago