Investments in weapons manufacturers and a wide array of other companies by UC targeted by students protesting the Israel-Hamas war represent nearly one-fifth of the system’s overall assets.
SACRAMENTO — Investments in weapons manufacturers and a wide array of other companies by the University of California targeted by students protesting the Israel-Hamas war represent $32 billion – or nearly one-fifth – of the system’s overall assets, the system’s chief investment officer says.
“We pride ourselves on a culture of transparency,” Bachher said, adding that it is important to listen to and engage with students. The protests stem from the current Israel-Hamas conflict which started on Oct. 7 when Hamas launched an attack on southern Israel in which militants killed about 1,200 people, mostly civilians, and took roughly 250 hostages. Vowing to destroy Hamas, Israel launched an offensive in Gaza that has killed more than 34,500 Palestinians, around two-thirds of them women and children, according to the Health Ministry in the Hamas-ruled territory.
The coalition did not immediately respond to requests for comment sent via email and social media on the letter and the $32 billion estimate.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Palestinian Health Minister: 80 Percent of Health Centers in Gaza Have Shut DownNeither northern Gaza nor Israel’s “humanitarian zone” in southern Gaza have functioning hospitals.
Read more »
Jacksonville leaders launch $32 million beach renourishment projectLeaders of Jacksonville gathered near the construction site on Jacksonville Beach, all to address the importance of the beach renourishment project.
Read more »
Poloniex Hacker Moves Enormous $32 Million in BitcoinOne of biggest hacks in industry moving forward
Read more »
I’m Copying Diane Kruger’s $32 Cool Girl-Style Baseball CapAfter seeing Diane Kruger’s city-chic style, I’m copying her look with this $32 New York Yankees baseball cap from Amazon — details
Read more »
High-end California market Erewhon selling ice balls for $32Erewhon Market in Los Angeles has sparked debate and attention with its new $32 bag of specialty ice, a product that aligns with the store's reputation for premium-priced items like $20 raw milk and $19 smoothies.
Read more »
Pick up this Anker 10,000mAh magnetic power bank for only $32Lawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.
Read more »