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In a bold and impactful move, Palestine Action has taken action against Scotiabank’s continued investment in Elbit Systems, a major Israeli weapons manufacturer. By locking down all entrances into Scotiabank’s London office, Palestine Action has brought attention to the bank’s financial support of a company that plays a significant role in the oppression of Palestinians.
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Despite Scotiabank’s decision to slash their stake in Elbit Systems by half, they still maintain a substantial investment of over $230 million in the company. This makes Scotiabank the largest foreign shareholder in Elbit Systems, a fact that has drawn criticism and condemnation from activists and human rights organizations around the world.
Elbit Systems is known for its production of drones, surveillance systems, and other military technology used by the Israeli government in their occupation of Palestinian territories. The company has been implicated in numerous human rights violations, including the targeting of civilians and the destruction of homes and infrastructure in Gaza.
By targeting Scotiabank, Palestine Action is sending a clear message that financial institutions cannot continue to profit from the violence and suffering of the Palestinian people. The lock down of Scotiabank’s London office is a direct action aimed at holding the bank accountable for their complicity in the oppression of Palestinians.
This action comes at a time when the international community is increasingly aware of the human rights abuses taking place in Palestine. Calls for solidarity with the Palestinian people have grown louder in recent years, as more and more people recognize the need to end the Israeli occupation and support the rights of Palestinians to self-determination.
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Palestine Action’s direct action against Scotiabank is part of a broader movement to challenge the systems of power and privilege that uphold the status quo in Israel and Palestine. By targeting financial institutions that support the Israeli military-industrial complex, activists are working to disrupt the flow of money that fuels the occupation and apartheid system in Palestine.
As news of the lock down at Scotiabank’s London office spreads, supporters of Palestine Action are calling on others to join them in their efforts to hold corporations accountable for their complicity in human rights abuses. The actions of Palestine Action serve as a reminder that individual and collective resistance can make a difference in the fight for justice and equality for all people, including Palestinians living under occupation.
