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Companies that Benefit from the Destruction of Palestinian Life in Gaza

Here’s the translation into American English:

In a recent report presented to the UN Human Rights Council, Francesca Albanese, Special Rapporteur on the situation of human rights in the occupied Palestinian territories, described the crisis in Gaza as genocide rooted in an exploitative occupation system. Albanese argues that this situation is supported by business interests that perpetuate the destruction of Palestine.

According to the report, the Tel Aviv Stock Exchange has seen a remarkable increase of 213% over the past 21 months, accumulating impressive profits totaling $225.7 billion. These figures take on alarming significance in the context of what is described as genocide, which has devastated not only human lives but also Palestinian landscapes and communities. Albanese points out that, for some actors, this genocide has become a lucrative business. She also highlighted the rise in Israeli attacks in the West Bank, noting how business infrastructure has turned into an economy that sustains this offensive.

The report reveals that up to 48 companies are implicated in human rights violations, including arms manufacturers and construction firms, which have failed to fulfill their legal obligations to discontinue or restrict their relationships with the Israeli occupation system. These corporations have treated Israel’s illegal activities as mere economic issues, even amidst a rise in atrocities.

Albanese broadens her criticism not only to companies directly involved in the occupation but also to institutions that operate in theory neutrally, such as universities and supermarkets, which have normalized apartheid and contribute to the systematic eradication of Palestinian life.

The rapporteur firmly urged states to implement a total arms embargo, suspend trade agreements, and invest efforts in ensuring that companies are held accountable for their actions. In her assessment, Albanese emphasizes the need to reflect on whether global markets can exist without promoting or benefiting from injustices.

In an even more critical context, the UN Relief and Works Agency (UNRWA) has reported the deaths of over 30 people, mostly families in search of food, shot or crushed by trucks. The UN has called for a thorough investigation into these incidents and reiterated the urgency of lifting the siege on Gaza.

Meanwhile, the United Nations Development Programme (UNDP) has warned that the fuel shortage in Gaza is jeopardizing the humanitarian response, affecting essential services such as health and waste management. The Office for the Coordination of Humanitarian Affairs (OCHA) has noted that crucial services that depend on fuel are nearing a halt, which could further exacerbate the humanitarian crisis in the region.

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Source: MiMub in Spanish

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