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Monday, June 14, 2010

Guess who hasn't divested from Iran

Here's another country that hasn't divested from Iran: Israel!?!
A law requiring Israeli financial institutions to divest from companies that do business with Iran, which passed with with great fanfare on April 2, 2008, has never been implemented, The Jerusalem Post learned Sunday.

The law’s sponsor was then opposition leader Binyamin Netanyahu.

Kadima MK Ronnie Bar-On, who was finance minister through March 2009, did nothing to implement the bill. His successor, Yuval Steinitz, did not immediately move to implement it either, but the Post has learned that he has been working to implement it over the past several weeks.

The bill was intended to prevent Israeli banks, insurance companies, financial institutions and funds from investing in companies that do major business with Iran.
It gets worse, believe it or not. Read the whole thing. If we don't divest from Iran, why should anyone else?

2 Comments:

At 6:12 PM, Anonymous Anonymous said...

Please don't take away my pistachio nuts!

 
At 7:15 PM, Blogger NormanF said...

The Stupid Jews won't even cut off trade ties with Turkey! I'm not holding my breath waiting for them to divest from Iran!

What could go wrong indeed

 

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