How Blackrock And Wall Street Are Profiting From Genocide In Gaza

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by Matt Agorist, The Free Thought Project:

Top UN human rights experts called on Western weapons corporations to stop sending arms to Israel, saying they could be complicit in war crimes. Asset managers like BlackRock and Wall Street banks are also profiting.

Top UN human rights experts have called on Western weapons corporations to stop sending arms to Israel, arguing they could be complicit in war crimes.

UN experts also warned that asset managers like BlackRock and Wall Street banks may be profiting from Israel’s brutal war on Gaza.

This was stated in a press release published by the Office of the United Nations High Commissioner for Human Rights (OHCHR).

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“The transfer of weapons and ammunition to Israel may constitute serious violations of human rights and international humanitarian laws and risk State complicity in international crimes, possibly including genocide, UN experts said today, reiterating their demand to stop transfers immediately”, the press release said.

As arms manufacturers that could be complicit, the UN human rights experts mentioned:

  • BAE Systems,
  • Boeing,
  • Caterpillar,
  • General Dynamics,
  • Lockheed Martin,
  • Northrop Grumman,
  • Oshkosh,
  • Rheinmetall AG,
  • Rolls-Royce Power Systems,
  • RTX, and
  • ThyssenKrupp.

The UN experts likewise named Western financial companies that have significantly invested in the arms industry, including:

  • Alfried Krupp von Bohlen und Halbach-Stiftung,
  • Amundi Asset Management,
  • Bank of America,
  • BlackRock,
  • Capital Group,
  • Causeway Capital Management,
  • Citigroup,
  • Fidelity Management & Research,
  • INVESCO Ltd,
  • JP Morgan Chase,
  • Harris Associates,
  • Morgan Stanley,
  • Norges Bank Investment Management,
  • Newport Group,
  • Raven’s wing Asset Management,
  • State Farm Mutual Automobile Insurance,
  • State Street Corporation,
  • Union Investment Privatfonds,
  • Vanguard Group,
  • Wellington, and
  • Wells Fargo & Company.

“Failure to prevent or mitigate their business relationships with these arms manufacturers transferring arms to Israel could move from being directly linked to human rights abuses to contributing to them, with repercussions for complicity in potential atrocity crimes, the experts said”, the press release stated.

The United States sent Israel $3.8 billion in military aid every year before the Gaza war broke out in October 2023. Since then, Washington has shipped billions more in arms and ammunition.

President Joe Biden claimed that if Israel invaded Rafah, the Gazan city where approximately a million Palestinian civilians were concentrated, it would cross a red line and he would stop supporting Tel Aviv. The US president lied, however, and approved another $1 billion in arms and ammo after Israel attacked Rafah.

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