Tag Archives: Arms Trade Investment

Shareholder activists target Barclays AGM

20150423_110056On Thursday 23 April 2015, several protests were held outside the gates of the Barclays Annual General Meeting at the Royal Festival Hall.

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Palestinian students call for Barclays boycott over Elbit investment

Barclays stop arming Israel demoPalestinian students have made this call for students around the world to stop banking with Barclays:

The Palestinian Students’ Campaign for the Academic Boycott of Israel (PSCABI), a group of Palestinian students in Gaza dedicated to the international Boycott, Divestment and Sanctions (BDS) Campaign of Israel and the global justice movement for Palestinian justice and liberty, respectfully call on students around the world to stop banking with Barclays until Barclays divests from and ceases trading in shares in Elbit Systems, the major Israeli military company and drone manufacturer. Continue reading

Life beneath the drones: Part four – ‘We do not need just words’

The scene in Zaytoun after the attack by an Israeli F-16, November 2012, photo courtesy of the Abu Zor family

The scene in Zaytoun after the attack by an Israeli F-16, November 2012, photo courtesy of the Abu Zor family

Click here to read parts one, two and three.

This article tells the story of the Abu Zor family, who lost three family members after the Israeli military fired on their neighbourhood from a drone and F-16. Their story shows that Israel’s practice of firing a warning shot from a drone before destroying homes does not prevent deaths of people not involved in fighting. The family want action from solidarity campaigners against the companies manufacturing the weapons that were used to target them.

Corporate Watch interviewed the Abu Zor family at their ruined home in the Zeitoun district of Gaza City. Their house had been destroyed in an Israeli F16 attack on 19th November 2012. The bombing came at 3am in the morning during the Israeli attack known as ‘Operation Pillar of Cloud’, which killed 255 Palestinians in eight days. According to the Gaza based Al Mezan Centre for Human Rights 201 out of 255 of these people were killed by attacks from Israeli drones. When we met them in December 2013 they were still in the process of rebuilding their home.

As we speak to Hamad and Mohammed Abu Zor, their children gather to listen to the conversation. We learn that many of these children lost their mothers in the attack. We are encouraged to look at their scars and feel the soft patches in their skulls where they were crushed when the house’s roof caved in on them, as if the family need to impress the reality of what happened on us. For these young children, as for many people in Gaza,  being involved in telling the story of how they saw their loved ones killed has become a normal occurrence. A duty to make people aware of the real story of what happened to them.

Roof-knocking

Before the attack the Israeli army had fired on the neighbourhood with a drone, supposedly to warn people to leave the area. This practice of firing a warning shot from a drone has become known as ‘roof-knocking’. In reality, roof-knocking is not really a way to protect life, but simply a way for Israeli commanders to avoid accountability by claiming that they did all they could to warn civilians.

In fact these ‘roof knockings’ are an added danger to those beneath the bombs and are not effective as a warning. In the Abu Zor family’s case it had fatal consequences. Continue reading

Barclays Stock Brokers facilitating investment in the arms trade

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Barclays Bank claims that it is “not an investor in the defence industry” (defence is the euphemism the industry uses to avoid talking about trade in weapons). However, the bank profits from investment in the arms trade through providing its Barclays Stock Brokers service, which facilitates the buying and selling of shares, including shares in arms companies. In one of the options offered by Barclays to its UK customers the bank advertises that: “Barclays Stockbrokers will hold your assets on your behalf”. According to the Barclays Stockbrokers sales team the bank allows its customers to invest in any company they wish in “up to 18 different markets”. Barclays Stock Brokers’ customers are able to trade in whatever company they like, regardless of Barclays stated ethical policies. Continue reading