Report of Barclays Picket - Divest from Israel and the arms trade
Smashy | 26.02.2012 21:38 | Smash EDO | Afghanistan | Anti-militarism | Palestine | South Coast | World
Over 30 people turned out on Saturday 25th February to demonstrate against Barclays' investments in the arms trade and in Israeli companies.
The demonstration was called by Brighton Jordan Valley Solidarity, Smash EDO and Brighton and Hove Palestine Solidarity Campaign. After demonstrators arrived security guards, clearly fearing a repeat of UK-Uncut style protests, shut the front doors of the bank and would only grant access to customers who were carrying Barclay Cards.
photos at http://yfrog.com/gyu24vurj
Barclays is the largest global investor in the arms trade and is the market maker for arms company ITT Exelis.
Barclays is also the only high street bank with significant direct investments in Israeli companies.
The Palestinian call for Boycott, Divestment and Sanctions (BDS) calls for companies to divest from Israeli companies. The call also demands an end to investment in companies profiting from Israel's occupation. The arms companies, such as BAE Systems, invested in by Barclays fall into this category.
Barclays also hold shares in Unilever, the owner of Beigel and Beigel, who run a manufacturing plant in the Barkan settlement industrial zone in the occupied West Bank.
The bank is also attempting to move in to the Israeli High Street. Barclays has an Israeli HQ and, in 2011, applied to operate branches in Israel. If it is successful Barclays will, like all banks operating in Israel, provide loans to settlers and settler industries.
The demonstration was called by Brighton Jordan Valley Solidarity, Smash EDO and Brighton and Hove Palestine Solidarity Campaign. After demonstrators arrived security guards, clearly fearing a repeat of UK-Uncut style protests, shut the front doors of the bank and would only grant access to customers who were carrying Barclay Cards.
photos at http://yfrog.com/gyu24vurj
Barclays is the largest global investor in the arms trade and is the market maker for arms company ITT Exelis.
Barclays is also the only high street bank with significant direct investments in Israeli companies.
The Palestinian call for Boycott, Divestment and Sanctions (BDS) calls for companies to divest from Israeli companies. The call also demands an end to investment in companies profiting from Israel's occupation. The arms companies, such as BAE Systems, invested in by Barclays fall into this category.
Barclays also hold shares in Unilever, the owner of Beigel and Beigel, who run a manufacturing plant in the Barkan settlement industrial zone in the occupied West Bank.
The bank is also attempting to move in to the Israeli High Street. Barclays has an Israeli HQ and, in 2011, applied to operate branches in Israel. If it is successful Barclays will, like all banks operating in Israel, provide loans to settlers and settler industries.
Smashy
e-mail:
smashedo@riseup.net
Homepage:
www.smashedo.org.uk
Comments
Hide the following 3 comments
Accuracy please
29.02.2012 09:12
No need to lie, there were not "over 30". There was 14 of us as you know.
Smasher
Nope
29.02.2012 16:00
Just for the sake of accuracy.
The usual Smasher
Liar
01.03.2012 10:29
You are a liar.
Smasher