Friday, June 17, 2016

REPORT: BDS FAILING TO CAUSE MAJOR ECONOMIC BLOW TO ISRAEL: Despite signs that the international BDS movement is gaining traction in its aim to isolate Israel, a review of the country's foreign capital flow shows that the boycott campaign has failed in regard to the economic gauge, Bloomberg reported Thurs. 2 June 2016. While the Boycott, Divestment and Sanctions has strongly focused on dampening commercial ties with Israeli businesses, particularly those over the Green Line, it has reportedly made little economic impact overall. In fact, the data reviewed by Bloomberg shows that Israel has experienced a steep increase in foreign stake in Israeli companies and banks. Statistics published by the Bank of Israel reveal that foreign investments in Israeli assets have raised nearly three-fold since 2005 when the Palestinian-established BDS movement was launched, hitting an all-time high of $285.12 billion in 2015. Bloomberg cited BDS co-found Omar Barghouti as arguing that the "“indirect, palpable psychological impact" on Israel is the movement's forte. (J. Post) “No weapon formed against you shall prosper.” Isa 54: 17

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