14.05.2014 - Will Hollywood's Boycott of Brunei-Owned Hotels Have an Impact?
Beverly Hills is a long way from the Sultanate of Brunei, but their connection is in the news this month thanks to a Beverly Hills Hotel boycott by Richard Branson and Virgin Atlantic, DreamWorks Animation CEO Jeffrey Katzenberg, and other celebrities and travel groups. The hotel is part of the London-based Dorchester Collection of luxe properties, and Dorchester is owned by Brunei Investment Agency, a state-run sovereign wealth fund. As Brunei implements violent new anti-gay and anti-adultery laws at home that call for stonings and floggings, protests are growing abroad. The BIA holds assets of about $40 billion, according to the Sovereign Wealth Fund Institute, a global research and consulting group..............................................Full Article: Source
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