#SHUTDOWNNATION

Israel’s debt skyrocketed to approx. $340 billion in the 2nd half of 2024, up 20% from the end of 2022, due to its ongoing #GazaGenocide. With its credit rating close to “junk,” according to Moody’s, and an estimated ZERO growth rate in 2024, according to S&P, Israel is forced to pay exuberant interest rates to service its mushrooming debt.

Warning of Israel’s “downfall” and military “collapse” should the “war of attrition” continue, influential and once Netanyahu-confidant Maj. Gen. Yitzhak Brik has recently said: “Israel's economy, international relations, and social cohesiveness are severely damaged by this war.” #ShutDownNation

A leading Israeli paper revealed on 10 July that 46,000 Israeli businesses have shut down since the start of Israel’s #GazaGenocide against 2.3 million Palestinians. This is the strongest indicator to date of the accelerating and “very serious” damage to the Israeli economy. #ShutDownNation

BDS pressure works! According to Israeli financial media sources, Tech giant Intel has halted construction of a new $25 billion factory in Israel, prompting speculation that the factory is “in danger of being canceled.” Intel still remains deeply complicit in feeding Israel’s genocidal war chest, so let’s escalate our #BoycottIntel campaign to make it end complicity.

Finally, Israel’s opposition leaders, not just its leading economists and business executives, are admitting that under the current government, the most far-right, fundamentalist and corrupt ever, apartheid Israel is facing a serious economic crisis and fast becoming a #ShutDownNation.

Investing in Israel, a 75-year-old settler colony that imposes apartheid on Indigenous Palestinians has always been unethical and illegal. It is becoming financially reckless as well. #ShutDownNation

With its most far-right, fundamentalist, and corrupt government ever, Israel is increasingly looking like a #ShutDownNation. We recently published 17 reasons to think again before investing in apartheid Israel. Below are 12 new reasons (+1 ongoing) to divest:

Just as it was in apartheid South Africa, investing in Israel’s 74-year-old apartheid system against Palestinians is inherently unethical and risky. It also presents a serious legal liability to complicit corporations. #DivestFromApartheid.