Nick Timiraos writes in the Wall Street Journal (free access) about the Sudan divestment campaign led by students at several U.S. universities. One of their main targets is Siemens of Germany:
The divestment campaigns aim at putting pressure on Sudan's Khartoum regime, which the United Nations says has sponsored militias in the Darfur region, where more than 200,000 have died. The U.S. has referred to the violence as genocide. Students hope that as companies' share prices drop in response to sales of their stock, those firms will either push Sudan's government to end violence or decide to leave the country altogether.The Atlantic Review wrote about Darfur: U.S. calls for more sanctions against Sudan, but Germany sees business opportunities and Rallies to help Darfur across the United States. And in Germany?
At least five states in the U.S., including Illinois, New Jersey and Oregon, have passed legislation requiring state pension funds to divest themselves of Sudan-related holdings. New Jersey sold $2.6 billion worth -- or 3.4% of its $75.3 billion in total assets -- in 17 companies.