Rights group threatens legal challenge to New York's purchase of Israel bonds

The advocacy group Democracy for the Arab World Now (Dawn) has threatened legal action to prevent New York State and City from purchasing Israel bonds. Dawn argues that such investments violate international law by aiding Israeli crimes and breach fiduciary duties to taxpayers by using public money to finance Israel's military. The warning comes as New York City's comptroller plans to restart purchasing the bonds, a move opposed by the mayor due to Israel's war on Gaza. The group sent letters to state and city officials demanding they cease all new investments in the bonds.