Sunday, January 27, 2019

Introducing the biggest BDSFail that you never heard about - by Elder of Ziyon

...If BDS is going to take credit for Israel's dip in FDI in 2014, then it must take responsibility for Israel's huge FDI increase in 2017. Which means that if BDS was a corporation, its CEO should resign in disgrace for how poor it meets its stated goals.

Elder of Ziyon..
25 January '19..

"BDS was a major factor behind the 46% drop in foreign direct investment in Israel in 2014, according to a UN report," the BDS webpage still says.

YNet reported, "The report contains one very glum statistic; in 2014 $6.4 billion were invested in Israel, whereas in 2013 $11.8 billion were invested - a decline of about 46%."

It turns out the UN report didn't blame BDS for the drop, but one of the Israeli economists who wrote the UN report said it might be because of a combination of BDS and the 2014 Gaza war -and admitted that her theory was only conjecture. But that guess was enough to excite the Israel-haters.

Mondoweiss was over the moon, quoting Bisan Mitri, Palestinian BDS National Committee secretariat member, who said, "Ten years after its launch, the BDS movement is being recognised by one of the authors of a UN report as starting to have major impacts on the Israeli economy. Israel’s shift to the far-right, its intentional crimes against Palestinians and the BDS movement and rapid changes in public opinion following Israel’s massacre of Palestinians in Gaza last summer mean that Israel is increasingly becoming a less attractive investment destination."

BDS was claiming this victory across the board, with no caveats. They knew that they were having a major effect on Israel's economy. They raised money based on this victory.

So how has direct foreign investment in Israel done since then?

It has more than tripled!

(Continue to Full Post)

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