As the conflict in Gaza intensifies with no end in sight, campaigners are urging investors of all types to ditch their holdings in companies profiting from the Israeli occupation.
The violence caused further international outrage on Wednesday, after artillery fire hit a UN-run school housing refugees, killing 16. The Palestinian death toll is now thought to have risen above 1200, while 55 Israelis have died.
In a televised address on Monday, Israeli prime minister Binyamin Netanyahu told his people to be prepared for “a protracted campaign”, while Hamas has vowed to fight on.
Critics say that because world leaders have failed to hold Israel to account for the deaths of civilians, a campaign of divestment and boycotts is the only way forward.
“We see boycotts, divestment and sanctions as the only way that people around the world can put pressure on the Israeli state to end this occupation,” said John Hilary, executive director of the London-based campaign group War on Want.
“Popular pressure is the only way to bring justice to the Palestinian people, in exactly the same way that popular pressure brought an end to apartheid in South Africa,” Hilary told Blue & Green Tomorrow.
War on Want has supported the Boycott, Divestment, Sanctions (BDS) campaign since it was launched by Palestinian civil society in 2005.
The BDS campaign calls on consumers to avoid any products sourced from Israel or the occupied territories and urges investors to avoid any companies complicit in the Israeli campaign.
Hilary said there are many companies involved, but identified the UK security firm G4S as one that particularly concerns War on Want.
The company helps to run Israel’s prison system, including facilities in the occupied West Bank. It has been accused of being complicit in human rights violations against Palestinian political prisoners, including some children.
It was recently revealed that Bill Gates divested the philanthropic fund he runs with his wife Melinda from G4S, after War on Want appealed for him to do so.
Before the latest crisis began, the UK government-funded National Contact Point watchdog launched a new investigation into G4S’s activities in Israel and occupied Palestinian territories.
G4S declined to comment, though an independent report commissioned by the firm recently concluded the company “had no contributory role in human rights violations”.
Other international companies have also been targeted by divestment campaigners. The French rail giant Veolia Transdev has been singled out since 2008, for providing services to the illegal settlements, and has since been excluded from bidding for many contracts around the world.
The American firm Caterpillar has been criticised for supplying bulldozers the Israeli army has used to demolish Palestinian homes. A number of investors, including the Church of England, have opted to divest from the engineering firm as a result.
In June, the Presbyterian Church in the US voted to divest from Motorola Solutions and Hewlett-Packard after they too did business with Israel.
Hilary also listed Israeli arms firms Elbit and Rafael and Eden Springs, an Israeli company that sources bottled mineral water from the illegal settlements, as complicit companies.
He said that concerned investors should consult Who Profits – a website run from Tel Aviv that works to expose the involvement of companies in the occupation. He also urged shareholders to write to companies who operate in Israel to request “chapter and verse” about their actions relating to Gaza.
“I think that the current situation in Gaza makes it absolutely clear the level of violence being inflicted on the Palestinian people,” Hilary said.
“Investors can see that you have a rogue state that is operating outside the bounds of any acceptable levels. How can any investor suggest they are right to be sustaining that kind of occupation and aggression?”
Photo: AmnestyInternational via Twitter
Responsible Energy Investments Could Solve Retirement Funding Crisis
Retiring baby-boomers are facing a retirement cliff, at the same time as mother nature unleashes her fury with devastating storms tied to the impact of global warming. There could be a unique solution to the challenges associated with climate change – investments in clean energy from retirement funds.
Financial savings play a very important role in everyone’s life and one must start planning for it as soon as possible. It’s shocking how quickly seniors can burn through their nest egg – leaving many wondering, “How long will my retirement savings last?”
Let’s take a closer look at how seniors can take baby steps on the path to retiring with dignity, while helping to clean up our environment.
Tip #1: Focus & Determination
Like in other work, it is very important to focus and be determined. If retirement is around the corner, then make sure to start putting some money away for retirement. No one can ever achieve anything without dedication and focus – whether it’s saving the planet, or saving for retirement.
Tip #2: Minimize Spending
One of the most important things that you need to do is to minimize your expenditures. Reducing consumption is good for the planet too!
Tip #3: Visualize Your Goal
You can achieve more if you have a clearly defined goal in life. This about how your money can be used to better the planet – imagine cleaner air, water and a healthier environment to leave to your grandchildren.
Investing in Clean Energy
One of the hottest and most popular industries for investment today is the energy market – the trading of energy commodities. Clean energy commodities are traded alongside dirty energy supplies. You might be surprised to learn that clean energy is becoming much more competitive.
With green biz becoming more popular, it is quickly becoming a powerful tool for diversified retirement investing.
The Future of Green Biz
As far as the future is concerned, energy businesses are going to continue getting bigger and better. There are many leading energy companies in the market that already have very high stock prices, yet people are continuing to investing in them.
Green initiatives are impacting every industry. Go Green campaigns are a PR staple of every modern brand. For the energy-sector in the US, solar energy investments are considered to be the most accessible form of clean energy investment. Though investing in any energy business comes with some risks, the demand for energy isn’t going anywhere.
In conclusion, if you want to start saving for your retirement, then clean energy stocks and commodity trading are some of the best options for wallets and the planet. Investing in clean energy products, like solar power, is a more long-term investment. It’s quite stable and comes with a significant profit margin. And it’s amazing for the planet!
How to make a sustainable living out of Forex Trading?
There are two different types of forex trading in general: the profitable one and the not so profitable one. Everyone wants good profits at the end of the day, but unfortunately a good number of traders are burdened with the huge losses at the end of their forex careers. Many newbies run the other way around when they hear about forex trading due to heavy losses in their initial period. Of course, you would have heard about all those success stories, in your friends’ circle or on the internet. However, if you are looking forward to replicate those success stories, you need get yourself ready before that.
In this article, we will discuss the six essential skills that are needed to earn some profits from trading foreign currencies and make a sustainable living out of it.
1. Limit your risk ceiling
When you start with forex, you should try to define limits. Try to create a balanced scorecard that defines your personality with regards to various parameters such as your strengths, weaknesses, behaviors, and ability to take risks. It is essential that you list your financial goals before you start with forex trading.
2. Learn about leverage ratio and account type
When you start, brokers will suggest different forex trading accounts that might take you for a whirl if you aren’t prepared. Each forex trading account has its own pros and cons. It is essential that you engage with your broker to create a mini trading account so that you will be able to warm up on your forex trading skills in a low risk environment.
3. Start small
While starting out, some investors rush to have multiple currency pairs without doing proper research on them beforehand. It is very important have you understand the nature and volatility of a currency before you start trading a pair. Every single foreign currency is like a market onto itself. It is therefore important that you take the time to study about the country before forming pairs to understand the volatility of the currency. By using forex trading platforms such as ETX Capital, you can take informed decisions easily.
4. Learn to control emotions
A forex trader should never take any decisions on the spur of the moment based on emotions and should be as rational as he can. Controlling your impulses is the key to becoming a great forex trader.
5. Automate your processes
I am not suggesting you to rely completely on forex robots and trade copiers, but make use of the latest automation tech to execute transactions faster than ever before. Make use of automation features such as stop loss, price options etc. to make the most out of the exciting opportunities.
6. Keep it simple.
Not everyone can be a genius economist, mathematician and a trader, bundled into one. Forex trading is not a complex subject, you only need to arm yourself with positive thinking, and set yourself clear and realistic goals.
I hope this article was useful for you to learn about the key reasons why online forex trading is a good investment and how you can earn money through it. If you have any doubts with regards to this, let us know through the comments and we will be glad to help you out. If you have any suggestions regarding how we can improve the article, let us know them through the comments as well for us to improve.
Though it’s a reliable source of income, you will have to educate yourself properly before you start investing. It is important that you take the time to understand why things are the way they are before you jump all in and start making your first big bucks. All the best for your future ventures and keep coming for more interesting and useful articles.
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