Harvard University has insisted that the sale of shares in Israeli companies is not driven by pro-Palestinian boycott and divestment campaign.
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Globes (Updated): Harvard denies divestment from Israel
Foreign Policy: Harvard not divesting from Israel
IOA Editor: Harvard’s sale of all its Israeli holdings will remain a bit of a mystery, at least for a while. The manner in which it was done – an entire country-portfolio, sold at once – during the second quarter of 2010 which, coincidentally or not, was also when the Berkeley BDS struggle culminated, suggests it may be more than just a matter of investment management.
If the Harvard Corporation wanted to avoid becoming embroiled in a BDS struggle connected to the Israeli Occupation – say, the next time Israel commits war crimes on sea or land – its best strategy would be to make a ‘business decision’ to pull out of Israel, quietly and without fanfare: not to make a principled, morally-based and publicly explained University policy decision, one that would be controversial and may cause some of Harvard’s donors to put their money elsewhere. And this is exactly what it did. Only time will tell. Read more »
In another blow to Israeli shares, the Harvard Management Company notified the US Securities and Exchange Commission (SEC) on Friday that it had sold all its holdings in Israeli companies during the second quarter of 2010. No reason for the sale was mentioned. The Harvard Management Company manages Harvard University’s endowment.
IOA Editor:The Harvard Management Company — a subsidiary of Harvard University charged with managing the university’s endowment, pension assets, working capital, and non-cash gifts — is best known for managing the university’s $26 billion endowment, the largest endowment in US higher education. Historically, the HMC has been the leading university investment management company, receiving a great deal of attention from all other university funds.
This is probably the first reported university endowment divestment from all Israeli holdings. Coming from Harvard, it sets a very important precedent: it is likely to be reviewed, scrutinized, and possibly followed, by other universities. Because Harvard, or HMC, has yet to make a public statement on the decision, one can only assume that it took place as a preventive measure, to avoid becoming the “next Berkeley.” Read more »
Israeli defense companies have scored one of the biggest deals in the industry’s history: They will be making about $4 billion worth of parts for the F-35 Joint Strike Fighter [manufactured by] Lockheed Martin… The discussions about Israel’s involvement were led by Defense Minister Ehud Barak.
IOA Editor: There’s no business like War Business, to misappropriate Irving Berlin. Read more »
A seven-part series on the political economy of the Israeli Occupation. Paul Jay of The Real News Network interviews Shir Hever, an Israeli economist and expert in the political economy of the Occupation whose forthcoming book is The Political Economy of Israel’s Occupation.
IOA Editor: This is a very important series. Among other things, it confirms Amira Hass’s assertions, made regularly, that Israel knows that peace just doesn’t pay. Read more »
A seven-part series on the political economy of the Israeli Occupation. Paul Jay of The Real News Network interviews Shir Hever, an Israeli economist and expert in the political economy of the Occupation whose forthcoming book is The Political Economy of Israel’s Occupation.
Part II: Israel Inflates National Security Concerns in Order to Invalidate Labor and Class Disputes
IOA Editor: This is a very important series, confirming Amira Hass’s assertions, made regularly, that Israel knows that peace just doesn’t pay. Read more »
A seven-part series on the political economy of the Israeli Occupation. Paul Jay of The Real News Network interviews Shir Hever, an Israeli economist and expert in the political economy of the Occupation whose forthcoming book is The Political Economy of Israel’s Occupation.
Part III: Israeli Elite Profited through Privatization of Public Assets – Workers Are Asked to Sacrifice
IOA Editor: This is a very important series, confirming Amira Hass’s assertions, made regularly, that Israel knows that peace just doesn’t pay. Read more »
A seven-part series on the political economy of the Israeli Occupation. Paul Jay of The Real News Network interviews Shir Hever, an Israeli economist and expert in the political economy of the Occupation whose forthcoming book is The Political Economy of Israel’s Occupation.
Part IV: Rational and Irrational Zionism – The Moderates and the Right
IOA Editor: This is a very important series, confirming Amira Hass’s assertions, made regularly, that Israel knows that peace just doesn’t pay. Read more »
A seven-part series on the political economy of the Israeli Occupation. Paul Jay of The Real News Network interviews Shir Hever, an Israeli economist and expert in the political economy of the Occupation whose forthcoming book is The Political Economy of Israel’s Occupation.
Part V: One State or Two, There Should Be Economic Justice – The Only State Now is Israel, It Has Obligations
IOA Editor: This is a very important series, confirming Amira Hass’s assertions, made regularly, that Israel knows that peace just doesn’t pay. Read more »
A seven-part series on the political economy of the Israeli Occupation. Paul Jay of The Real News Network interviews Shir Hever, an Israeli economist and expert in the political economy of the Occupation whose forthcoming book is The Political Economy of Israel’s Occupation.
Part VI: Israel’s Elite and the Far Right – Israel Sells Itself As ‘Frontline’ Against Islam
IOA Editor: This is a very important series, confirming Amira Hass’s assertions, made regularly, that Israel knows that peace just doesn’t pay. Read more »
A seven-part series on the political economy of the Israeli Occupation. Paul Jay of The Real News Network interviews Shir Hever, an Israeli economist and expert in the political economy of the Occupation whose forthcoming book is The Political Economy of Israel’s Occupation.
Part VII: The Boycott Israel Movement – The Reasons for Boycotting Israel
IOA Editor: This is a very important series, confirming Amira Hass’s assertions, made regularly, that Israel knows that peace just doesn’t pay. Read more »
