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Bush Signs Bill Allowing US Local, State Governments to Cut Business Ties With Sudan

President Bush has signed a bill that will allow U.S. state and local governments to divest from Sudan because of the violence in Darfur.

Under the new law, state and local governments can withdraw investments from companies involved in Sudanese oil, power production, mining and military equipment.

Activists say those sectors - especially oil production - provide much of the revenue the Sudanese government uses to fund its war against Darfur rebels.