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Israeli Chamber of Commerce, Tel Aviv
The first of July 2010 saw the tenth annual ‘Israel Opportunity Investment Conference’ take place in London. Represented by the PR company Grayling (www.grayling.com), the aim of the day was to sell Israel as a secure investment opportunity and a promising emerging market worthy of attention. Only four weeks before the conference, Israel had been accepted into the OECD (Organisation for Economic Co-operation and Development) despite the efforts of campaigners to prevent this by protesting that a country which include their illegal settlement activities and businesses in their economic data can hardly be seen as complying with the OECD motto “For a stronger, cleaner, fairer world economy’. However, since Israel had also been promoted from ’emerging’ to ‘developed’ market status by the MSCI a few days before the event, there was always bound to be a lot of interest from investors willing to find ways to benefit from Israel’s occupation economy.
Focusing on banking, energy and the biotech sector, the conference highlighted the already cosy relationships between Israel and global international companies. For instance, the sessions encouraging investment in the Israeli businesses Bank Leumi, Bank Hapoalim and the Strauss Group were facilitated by two representatives from Deutsche Bank and Barclays Capital respectively. Both financial institutions have established offices in Israel already. The literature handed out to attendees at the conference gave, as one of the top ten reasons for investing in the country, that ‘The state of Israel is committed to encouraging local and foreign direct investment by offering a wide range of incentives and benefits, such as investment grants, tax benefits and exemptions to investors’, hence making it very clear to potential investors that should they choose to get involved with any of the companies exhibiting, they would be beneficiaries of Israel’s apartheid system. Read the rest of this entry »
The entrance to the illegal israeli settlement of Merom Golan
Merom Golan (www.merom-golan.org.il) is an illegal Israeli settlement in the Northern Golan heights. It was established in 1967, after Israel’s invasion and military occupation of the area. Merom Golan was established on land belonging to the Syrian area of Al Mansura. It now has a population of 497 people. Read the rest of this entry »
On the second big Gaza solidarity march in London on 10th January, angry protesters smashed the front of a Starbucks store on Kensington High St, near the Israeli embassy, while other activists occupied the Ahava beauty shop in central London.
Other actions in protest at the Israeli massacre in Gaza that month included occupying the offices of the British Israel Communications and Research Centre (BICOM) in central London, ‘decommissioning’ the ITT/EDO arms factory in Brighton and university occupations across the country calling for divestment. So, who are these companies and why are they being targeted by protesters and campaigners?
Corporate Watch takes a detailed look.
Corporate Watch - Tracking Corporate Complicity in the Occupation of Palestine 