Word: sudan
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...declined to weigh in. “I never bite the hand the quotes me,” Bok said.WILL HE TURN BACK THE CLOCK?Despite last April’s landmark decision to divest from PetroChina, the University has maintained its investments in other companies linked to Sudan, including Sinopec, an oil firm accused of close ties to the Khartoum regime.Sinopec is the major contractor on a pipeline that will carry oil from the Melut Basin in southern Sudan to a Red Sea port—a project that could boost Sudan’s petroleum exports substantially, according...
...coalition of 11 student groups called on Harvard to divest from any holdings in Sudan-linked firms in a statement released Saturday, urging the University to emulate a similar move by Yale last week. One of the campaign’s leaders, Jennifer T. Morse ’07, said the impetus for the recent push was Harvard’s increase in its Sinopec holdings. The stake had increased by 1,150 shares by the end of last year, according to SEC filings. The group laid out plans to begin a coordinated campaign for divestment at an organizational meeting...
...down the militias, or apartheid, or the tobacco industry. Harvard’s decisions have to fit within a broader movement. On apartheid, Gulf oil, and tobacco, other investors followed suit, and Harvard’s move carried large public weight. So far, Harvard’s divestment from Sudan has been largely neglected externally, and progress on Darfur has been slow. But at least as far as PetroChina is concerned, Harvard has done what it can, and we must now look to other institutions to follow suit...
...peer institutions and the criteria set forth by the Harvard Corporation in the PetroChina decision. A prudent place to start would be an unequivocal ban on investments that facilitate governments responsible for committing or supporting Congress-declared genocides There is no excuse for Sinopec, which is involved in Sudan in the same way as PetroChina, to remain in Harvard’s portfolio—since the University has taken a moral stance against genocide in Sudan, it behooves them to be consistent. Other schools that divested from PetroChina, like Yale, Stanford, and Amherst, recognized the similarities and also divested...
...rehashed from scratch each time a questionable investment is discovered in Harvard’s portfolio. Second, the current system means that reviews often do not occur because they are reactionary. This means the overall process is slow and arduous. For instance, Congress’ declaration of genocide in Sudan was not enough for the University to reconsider its portfolio—six months of pressure from a mobilized campus was needed to put the bureaucratic wheels in motion...