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July 26, 2007       Share:    

Source: http://www.iht.com/articles/ap/2007/07/24/business/NA-FIN-US-Investments-Terrorism.php

Michigan House Approves Divestment Bills Aimed at Sudan, Iran

[AP/International Herald Tribune] The Michigan state House on Tuesday overwhelmingly approved bills calling for state retirement funds to break ties with some foreign companies doing business in Sudan and Iran. Both bills now go to the state Senate. Gov. Jennifer Granholm supports the bills. According to the Sudan Divestment Task Force, 19 states and more than 50 universities have adopted some sort of divestment policy related to the African nation. The bill targeting Iran passed 104-2.

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