Boycott, Divestment and Sanctions (BDS) Could Cost Israel $4.7 Billion a Year
Do you wonder why Benjamin Netanyahu is declaring war on BDS
(Boycott, Divestment and Sanctions), and Sheldon Adelson and Haim Saban
are holding a secret Las Vegas conference to fight it, and Yair Lapid is saying that the people behind BDS plotted 9/11, and Ari Shavit is calling the movement “evil and sophisticated”?
Well, here’s why. The Financial Times has published a big, and somewhat balanced,
article on the rapid rise of BDS that includes two stunning financial
numbers showing how powerful the nonviolent movement for justice in
Israel/Palestine is becoming.
The most important information is deep inside the FT article:
However, there are signs that
Israel’s disquiet over BDS is genuine. This week an Israeli financial
newspaper covered a leaked government report estimating that BDS could
cost Israel’s economy $1.4bn a year. The estimate included lower exports
from the settlements in keeping with the EU’s plans to begin labelling
goods made there — not part of the BDS movement, although many Israelis
lump the two things together. The Rand Corporation, the US think-tank,
says the costs could be more than three times higher: $47bn over 10
years.
