EDITORIAL L.A. OUT OF DARFUR THIS TIME, CITY POLS ARE RIGHT TO MEDDLE IN FOREIGN AFFAIRS.
Mayor Antonio Villaraigosa and the council have announced that the city's pension fund will divest the approximately $27 million currently invested in companies that do business with or in Sudan.
While the city's divestiture will likely make little difference by itself, it's significant in a collective sense. As more and more companies and countries break ties with the war-torn country, that will surely influence how the war plays out. Financial divestiture does work: just look at how it helped end apartheid in South Africa.
This time L.A.'s meddling in international affairs actually serves a purpose, and a worthy one at that.
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|Publication:||Daily News (Los Angeles, CA)|
|Date:||Feb 18, 2007|
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