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Jonathon cook – Once again, the UN has failed to name firms that profit from Israel’s illegal settlements

Summary:
The more intransigent Israel becomes in its treatment of the Palestinians, the less international pressure is exerted upon it The United Nations postponed last week for the third time the publication of a blacklist of Israeli and international firms that profit directly from Israel’s illegal settlements in the Repeatedly, Israel has exerted great pressure on the UN to keep its army off a “shame list” of serious violators of children’s rights. Israel even avoided a listing in 2015 following its 50-day attack on Gaza the previous year, which left more than 500 Palestinian children dead. Dozens of armies and militias are named each year. The Hague court has also been dragging its feet for years over whether to open a proper war crimes investigation into Israel’s actions in Gaza, as

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The more intransigent Israel becomes in its treatment of the Palestinians, the less international pressure is exerted upon it

The United Nations postponed last week for the third time the publication of a blacklist of Israeli and international firms that profit directly from Israel’s illegal settlements in the Repeatedly, Israel has exerted great pressure on the UN to keep its army off a “shame list” of serious violators of children’s rights. Israel even avoided a listing in 2015 following its 50-day attack on Gaza the previous year, which left more than 500 Palestinian children dead. Dozens of armies and militias are named each year.
The Hague court has also been dragging its feet for years over whether to open a proper war crimes investigation into Israel’s actions in Gaza, as well as the settlements.
The battle to hold Israel to account is likely to rage again this year, after the publication last month of a damning report by UN legal experts into the killing of Palestinian protesters at Gaza’s perimeter fence by Israeli snipers.
Conditions for Gaza’s two million Palestinians have grown dire since Israel imposed a blockade, preventing movement of goods and people, more than a decade ago.
The UN report found that nearly all of those killed by the snipers – 154 out of 183 – were unarmed. Some 35 Palestinian children were among the dead, and of the 6,000 wounded more than 900 were minors. Other casualties included journalists, medical personnel and people with disabilities.
The legal experts concluded that there was evidence of war crimes. Any identifiable commanders and snipers, it added, should face arrest if they visited UN member states.
Israel’s prime minister Benjamin Netanyahu, however, dismissed the report as “lies” born out of “an obsessive hatred of Israel”.occupied territories.
The international body had come under enormous pressure to keep the database under wraps after lobbying behind the scenes from Israel, the United States and many of the 200-plus companies that were about to be named.
UN officials have suggested they may go public with the list in a few months.
But with no progress since the UN’s Human Rights Council requested the database back in early 2016, Palestinian leaders are increasingly fearful that it has been permanently shelved.
That was exactly what Israel hoped for. When efforts were first made to publish the list in 2017, Danny Danon, Israel’s ambassador to the UN, warned: “We will do everything we can to ensure that this list does not see the light of day.”
He added that penalising the settlements was “an expression of modern antisemitism”.
Both Israel and the US pulled out of the Human Rights Council last year, claiming that Israel was being singled out.





Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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