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United Methodist Pension Board Blacklists Israeli Banks


The United Methodist Church pension fund has blocked five Israeli banks from its investment portfolio.

The denomination's board said the move is part of a wider review of investments meant to weed out companies that profit from an abuse of human rights.

The pension board also identified Israel and Palestinian territories as more than a dozen "high risk" regions with a "prolonged and systematic pattern of human rights abuses."

A spokesman for Israel's Foreign Affairs Ministry declined to comment on the denomination's move.

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