Hopkins should pull investments from Darfur
Reporting about the SGA, not a record of it: The Johns Hopkins News-Letter published this and the SGA did not write it, file it, or approve it. The archive holds it because the article itself uses the phrase “student council”.
Summary
- This Johns Hopkins News-Letter article covers a proposal to divest university investments linked to Sudan over the Darfur conflict.
- The News-Letter reported that JHU STAND’s model would target companies doing business with Sudan’s government, providing little benefit to Sudanese citizens and lacking significant Darfur policies.
- The paper reported that the article says more than 70 percent of Sudan’s oil revenue goes to domestic arms.
- The article adds that divestment campaigns led Talisman Energy, Siemens and ABB to suspend operations in Sudan.
- The reporter writes that, on Tuesday, Student Council resolved to ask the Board of Trustees to review its holdings and divest under STAND’s criteria.
- According to the article, Hopkins has a $2.6 billion endowment, and the Board previously divested from companies operating in South Africa.