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191

EU “Bending” Rules to Allow Trade With Israeli Settlements, Leaked Analysis Shows (theintercept.com)

submitted 2 weeks ago* (last edited 2 weeks ago) by IndustryStandard@lemmy.world to c/world@lemmy.world

6 comments fedilink hide all child comments

In a seven-page memo, Frank Hoffmeister, the director of the EU foreign service’s legal department, argued that while European law required the labeling of settlement products, a ban on their import and sale was still up for debate.

Hoffmeister, the EU legal note’s author, is also the Brussels-based director for the foreign and security policy working group of Germany’s liberal Free Democratic Party, which is a strong supporter of Israel’s war in Gaza. The FDP, for which Hoffmeister previously served as Brussels vice chair, has called for a freeze on EU and German payments to Palestinian institutions and programs until a special audit has ensured that no cash goes “to finance Islamist terror.”

Between 2020 and August 2023, European investors put up an estimated $164.2 billion of loans and guarantees for businesses “actively involved” in Israeli settlements — and held $144.7 billion of shares and bonds in the same firms, according to an estimate from a coalition of groups opposing European investment in settlements.

Francesca Albanese, the United Nations special rapporteur on the situation of human rights in the Palestinian territories occupied since 1967, told The Intercept that the EU’s attitude to the ICJ opinion was “legally flawed, politically damaging, and morally compromised.”

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[–] EndlessNightmare@reddthat.com 17 points 2 weeks ago (1 children)

Of course they are. No lives matter when there is money to be made. The pursuit of profit overrides all other principles.

[–] BNE@lemmy.blahaj.zone 2 points 2 weeks ago (1 children)

Only if you're ethically bankrupt, or a liberal.

[–] Aceticon@lemmy.world 5 points 2 weeks ago* (last edited 2 weeks ago)

Both of those things are the same: Liberal Politicians are just pro-Oligarchy (i.e. anti-Democracy) types cosplaying as pro-Equality using a highly hypocrite construct (not really Equality, which is equal in all dimensions, but rather one that only defends "equality" for some people or things and not for others, especially not for anything involving Wealth) and hence morally bankrupt.

PS: I wrote "Liberal Politicians" because a lot of normal people who see themselves as Liberals haven't actually deep dived into analysing the ideology whose superficial slogans they parrot to discover its fundamental contradictions - starting by how it classifies people by characteristics they were born with (hence not of their choise and not reflecting them as people) and then treating them based on the prejudices one holds for or against the one of such classifications those people are deemed to belong to, as well as the whole "NEVER, EVER, EVER talk about Wealth Inequality and the inequality of treatment based on Wealth) - so genuinelly think they are defending a moral and ethical position whilst in fact being the useful idiots of the Neoliberals who just to divide the Left into a neoliberal-style competition were people, driven by Greed, fight against each other but claiming to do it for the "group" rather than for themselves.