Thursday, 31 July 2014
facebook  twitter  google  icon   youtube rss 

Israel shells UN school, busy market in Gaza

Israel shelled a UN school in Gaza just after dawn this morning, killing at least 19 and wounding over 90. In the afternoon a bustling market near Gaza City was hit, killing at least 17 and wounding over 200. 

Where are the refuseniks?

There is no substantial refusal movement in the army today as there is no mass opposition within Isr...

Humanise Palestine

Hamas and other resistance forces gain in stature and Netanyahu appeared tough and gained some voter...

ACT! Gaza: Stop the arms, stop the killing

Call on the UK government to halt the supply of arms to Israel. We must not facilitate war crimes. T...

Hebron Left condemns PA suppression of West Bank protests

The leftist forces* in the Palestinian city of Hebron hereby express their strong disapproval of the...
aicafe-2-8-gaza-and-boycott-from-within
Please join us at the AICafe on Saturday 2 August from 7.30 p.m. for Gaza and Boycott from Within with Israeli activist Ronnie Barkan.
act-gaza-stop-the-arms-stop-the-killing
Call on the UK government to halt the supply of arms to Israel. We must not facilitate war crimes. Take action immediately!

Jerusalem

Massive demonstrations in solidarity with Gaza...

Some 10,000 Palestinians marched from Ramallah towards Qalandia checkpoint in northern East Jerusalem to protest the Israeli offensive against Gaza. T...

Readmore

Massive demonstrations in solidarity with Gaza

Hebron

Hebron: a hostage city...

Since June 12, when three Israeli teenage settlers went missing north of Hebron, Israeli authorities have placed and kept the Hebron district under cl...

Readmore

Hebron: a hostage city

Opinions

Where are the refuseniks?...

There is no substantial refusal movement in the army today as there is no mass opposition within Israeli society to the crimes being committed against...

Readmore

Where are the refuseniks?

Politico

Israeli Society

Economy of the Occupation

Human Rights

#youtube

#Facebook



BDS Victory: Veolia Sells Shares in Jerusalem Light Rail

Created on 15 October 2010

Veolia has signed a principled agreement to sell its shares in the Jerusalem Light Rail to the Israeli transportation cooperative Egged, reports TheMarker today (15 October). This sale marks a substantial victory for the Palestinian-led international campaign for Boycott, Divestment and Sanctions (BDS) against Israel.

jerusalem_light_railjerusalem_light_rail

According to the agreement, Veolia will receive NIS 45 million (approximately EURO 9 million) for its shares, which will be gradually transferred to Egged over a five year period from the first day of the light rail's operation. This gradual transfer ensures compliance with conditions of the initial tender, which mandate that the light rail operator must have a minimum of five years experience in operations. Egged will also pay increasing percentages of the sale as the light rail becomes increasingly profitable.

 

The EUR 9 million to be received by Veolia is miniscule compared to the almost EUR 5 billion of contracts that Veolia has lost around the world due to the BDS movement in the past two years, most prominently a EUR 3 billion tender in Sweden.

 

Finalisation of the sale requires confirmation of various Israeli authorities and the other partners in the light rail. The biggest threat to finalization of the sale, however, was liable to come from Israel's anti-trust laws, as this sale would make Egged the monopoly holder of public transportation in Jerusalem. According to AIC economist Shir Hever, "It seems probable, however, that the Israeli Anti-Trust Authority signaled it would approve the sale, most likely due to Israeli concern over the detrimental impact of the BDS campaign on the rail's burgeoning costs and never-ending delays."

 

Veolia has been a target of the Palestinian-led international campaign for Boycott, Sanctions and Divestment (BDS) against Israel until the latter recognizes Palestinian human and national rights and fulfills its obligations under international law. Veolia has been trying to find a buyer for two years already, as a result of the boycott pressure. This political pressure has caused numerous delays in operation of the rail, which was supposed to begin functioning in 2008 and now will not begin before 2011.