The divestment drive that could shake Israel’s economic foundations (www.972mag.com)
from theacharnian@lemmy.ca to world@lemmy.world on 01 Jul 17:43
https://lemmy.ca/post/67203380

To fund perpetual war, Israel has grown ever more reliant on issuing bonds. Relinquishing these holdings, often invested passively, disrupts that equation.

#world

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Zaktor@sopuli.xyz on 01 Jul 20:28 next collapse

In July 2025, the company’s CEO, Danny Naveh, published an open letter on an evangelical media outlet thanking American Christian communities for “the wave of support [for Israel] not only in words and prayers but also in meaningful actions since the October 7 attack.”

Meaningful actions, which does not include prayer. He’s absolutely trashing their (dumb) worldview to their faces and they’re paying him to do it.

tangeli@piefed.social on 01 Jul 20:45 collapse

While it’s a laudable effort and appropriate for people to do what they can, congress.gov says:

7 Sept 2025To date, the United States has provided Israel $174 billion (current, or non-inflation-adjusted, dollars) in bilateral assistance and missile defense funding.

A few hundred million fewer bonds held here and there isn’t going to make much of a dent in their financing.

Rat_in_a_hat@lemmy.ca on 01 Jul 20:50 collapse

Every bit counts

theacharnian@lemmy.ca on 01 Jul 20:55 collapse

Even more: every drop makes gets us closer to the breaking of the dam.