Death Merchants
2023-10-27 Reports Expose US Billionaires and Corporate Profiteers Enabling Israel’s War on Gaza After Israel declared war in response to Hamas killing over 1,400 Israelis and taking around 200 hostages, the stocks of major American and European war profiteers soared. A Thursday report from Eyes on the Ties—the news site of LittleSis and Public Accountability Initiative—targets five U.S. firms with a record of providing weaponry to Israel.
The outlet stressed that while announcing a supplemental funding request that includes $14.3 billion for Israel, U.S. President Joe Biden last week “invoked ‘patriotic American workers’ who are ‘building the arsenal of democracy and serving the cause of freedom,’ but it’s the defense company CEOs who rake in tens of millions a year, and Wall Street shareholders, who are the real beneficiaries of warmongering.”
The five targeted industry giants collectively recorded $196.5 billion in military-related revenue last year, Eyes on the Tiesreported. They are Boeing ($30.8 billion), General Dynamics ($30.4 billion), Lockheed Martin ($63.3 billion), Northrop Grumman ($32.4 billion), and RTX, formerly Raytheon ($39.6 billion).
“The top shareholders in these five defense companies largely consist of big asset managers, or big banks with asset management wings, that include BlackRock, Vanguard, State Street, Fidelity, Capital Group, Wellington, JPMorgan Chase, Morgan Stanley, Newport Trust Company, Longview Asset Management, Massachusetts Financial Services Company, Geode Capital, and Bank of America,” the news outlet noted. https://www.commondreams.org/news/us-weapons-to-israel
2023-10-27 ‘Stop Arming Israel’: Protesters Target Weapons Makers Supplying the Gaza Bombardment Protesters with Palestine Action on Thursday disrupted three different weapons factories in the U.K. that send arms to Israel as the country continues its siege and bombardment of Gaza that has killed thousands of people and prompted warnings of genocide.
In the largest gathering, more than 100 people blockaded both entrances to the Instro Precision factory in Sandwich, Kent, which is owned by Israel’s largest arms company Elbit Systems. Elbit has also been targeted by activists in the U.S. since Israel began its latest assault on Gaza following an October 7 attack by Hamas. https://www.commondreams.org/news/protesters-target-israel-weapons-makers
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Categorized Directory: News and Articles about Israel- Palestine Conflict
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