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Moral investments raise church stock ethics debate
UPI reports the National Council of Churches CIC study finding Protestant denominational boards hold over 200 million in securities of 29 major military contractors. The article outlines church leaders and critics arguing over whether revenue should justify social harm, and describes proposed shifts toward morally guided investing including Pax World Fund plans and selective divestment options.
MENTIONED IN THIS ARTICLE
David E. Anderson
Washington
UPI
Vietnam
Africa
Ftands
Frank P. White
CIC
Angola
Mozambique
Frank Sharp
American Baptist Convention
White
United Church of Christ
Baptists
Pax World Fund, Inc
Pax World
United Methodist Church
Defense Department