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Barclays Bank Accused Of Funding Israeli Genocide

Barclays Bank Accused of Funding Israeli Genocide

Protests Erupt over Financial Ties to Arms Companies

Mass Demonstrations Target Barclays

Barclays Bank is under fire for its alleged role in funding Israel's ongoing assault on Palestinians. The Palestine Solidarity Campaign (PSC) has organized protests across the UK, accusing Barclays of bankrolling the genocide through its financial ties with arms companies.

Substantial Investments in Arms Suppliers

According to the PSC, Barclays has invested over £1 billion in companies supplying weapons to Israel. These companies include Elbit Systems, which manufactures drones used in airstrikes on civilian targets in Gaza.

Complicity in Genocide

The PSC argues that Barclays is "financially complicit" in the ongoing genocide in Gaza. As the sixth-largest investor in arms companies supplying Israel, Barclays is accused of enabling the Israeli military's actions.

Calls for Divestment

The protesters are demanding that Barclays divest from all arms companies linked to Israel. They argue that the bank has a moral responsibility to use its financial power to promote peace and justice, rather than fueling conflict.

Barclays has defended its investments, claiming that they are made through third-party funds and that the bank does not control the companies' activities. However, the PSC and other critics maintain that Barclays has a responsibility to ensure that its investments are not used to support human rights abuses.

**Conclusion:** The protests against Barclays have put a spotlight on the role of Western banks in funding the Israeli-Palestinian conflict. As the world watches the ongoing violence in Gaza, the pressure on Barclays and other financial institutions to divest from arms companies supplying Israel is likely to intensify. This case serves as a stark reminder of the financial and moral consequences of complicity in international conflict.


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