Genocide is Big Business for Corporations and Israel

Report accuses global firms of complicity in a system of occupation, surveillance, weapons

The active genocide of Palestinians by the State of Israel is being sustained by a deeply entrenched system of exploitative occupation and global profit.  For multinational arms dealers, surveillance tech firms, financial institutions, and logistics companies, the occupation and genocide are big business, says a damning new report on the human rights situation in Occupied Palestine.

The report, “From Economy of Occupation To Economy of Genocide,” was presented to the 59th Session of the Human Rights Council on July 3, in Geneva, Switzerland. It reveals how corporate profiteering has underwritten death and destruction, while empowering Israel’s actions and existence as an occupier power.

“For some, genocide is profitable,” said Francesca Albanese, the report’s author and Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967.

“In the past 21 months, while Israel’s genocide has devastated Palestinian lives and landscapes, the Tel Aviv stock exchange soared by 213 percent (USD), amassing $225.7 billion in market gains—including $67.8 billion in the past month alone,” she pointed out.

While life in Gaza is being obliterated and the West Bank is under escalating assault, the report reveals why Israel’s genocidal actions continue. For many, it is lucrative, said the report. [MORE]