Tuesday , October 26 2021
Home / Tyler Durden /Texas Moves To Divest From Ben & Jerry’s Over Israeli Settlement Ban

Texas Moves To Divest From Ben & Jerry’s Over Israeli Settlement Ban

Summary:
Authored by Dave DeCamp via AntiWar.com,Texas has added Ben & Jerry’s and its parent company Unilever to a list of companies that are "boycotting Israel" over the ice cream company’s decision to stop selling its product in Israeli settlements in the West Bank.The firms have 90 days from being notified that they’re on the list to reverse the settlement ban, or Texas will remove about 0 million in pension funds that are invested in Unilever.Image source: The TexanWhile Ben & Jerry’s is accused of boycotting Israel, their policy only applies to illegal settlements in occupied West Bank and East Jerusalem, and the ice cream will still be sold in Israel. But Texas has a broad definition of what it considers to be boycotting the Jewish State.Texas law defines boycotting Israel as "refusing to

Topics:
Tyler Durden considers the following as important:

This could be interesting, too:

Tyler Durden writes Public Schools In Boston Suburb Sued For Excluding White Students From Events

Tyler Durden writes Orwell’s 1984 As Manual For The Woke

Tyler Durden writes Striking Workers Decry “Suicide Shifts” As Pandemic Burnout Takes Toll

Tyler Durden writes Rand Paul: Fauci Will Never Stop Lying; Fire Him Now

Authored by Dave DeCamp via AntiWar.com,

Texas has added Ben & Jerry’s and its parent company Unilever to a list of companies that are "boycotting Israel" over the ice cream company’s decision to stop selling its product in Israeli settlements in the West Bank.

The firms have 90 days from being notified that they’re on the list to reverse the settlement ban, or Texas will remove about $100 million in pension funds that are invested in Unilever.

Texas Moves To Divest From Ben & Jerry’s Over Israeli Settlement Ban
Image source: The Texan

While Ben & Jerry’s is accused of boycotting Israel, their policy only applies to illegal settlements in occupied West Bank and East Jerusalem, and the ice cream will still be sold in Israel. But Texas has a broad definition of what it considers to be boycotting the Jewish State.

Texas law defines boycotting Israel as "refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on or limit commercial relations specifically with Israel or with a person or entity doing business in Israel or in an Israeli-controlled territory."

Other states have taken action against Unilver over the settlement ban. Florida and New Jersey have added Unilever to a similar list, and Arizona has already begun to pull millions out of Unilever.

There are over 30 US states with laws against the Boycott Divestment and Sanctions (BDS) movement that calls for international boycotts to put pressure on Israel over its crimes against the Palestinians. The laws prohibit states from doing business with companies and individuals that are determined to be boycotting Israel. Contractors wishing to do business with these states have to sign a pledge not to boycott Israel.

After Ben & Jerry’s announced its move to stop selling ice cream in the occupied territories in July, Israel launched a "maximum pressure" campaign to influence the US and urged states with anti-BDS laws on the books to take action.

Disclosure: Antiwar.com has received donations in the past from Ben Cohen, the co-founder of Ben & Jerry’s

Tyler Durden
Tyler Durden (a pseudonym) represents the idea that a return to truly efficient markets is a possibility and a necessity. After having experienced the inner workings of capitalism at various asset managers and advisors, Tyler believes that the current model is flawed and a deleveraging at every level of modern society is needed to reinspire the fundamental entrepreneurial spirit.

Leave a Reply

Your email address will not be published. Required fields are marked *