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Many British MPs join 200 legislators from 13 countries in opposition to their countries’ arms exports to Israel

o Source: Political Concern o o o o

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Work for a more peaceful world: stop the arms trade and respect international law by withdrawing US troops from Iraq and Syria: Ben Chacko

o The killing of three US soldiers along the Jordan-Syria border risks a spiralling Middle East war, a risk heightened by the reflex blaming of Iran and the clamour for revenge driven by hawkish US politicians in an election year. … Continue reading

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Global investor urges others to bury thoughts of environmental, social and governance

Anne Simpson, the former head of sustainability at the Calpers pension fund, who now runs responsible investing at Franklin Templeton, made a surprising declaration. “I think it’s time for RIP ESG,” she told a conference in New York (FT). She … Continue reading

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Israeli arms exports serve political ends: Loewenstein

Israel’s Iron Dome air defence system intercepts rockets launched from Gaza City Israel’s Ministry of Defense recently published a new record in defence exports: over $12.5 billion in 2022. Their weapons exports are a means to an end, according to … Continue reading

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Rearmament does not create jobs: Gianni Alioti’s evidence

Weapons continue to pass undisturbed even while migrants – themselves victims of arms exported from one country to another – are prevented from landing. Weaponwatch is armed only with knowledge, international solidarity and digital technology in order to build free … Continue reading

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Last year defence contractors warned that ESG would cause their shares to be shunned

Babcock’s aircraft carrier at the Rosyth shipyard Last year the Financial Times reported that defence contractors were becoming increasingly concerned that the ‘sweeping trend’ for ethical investment (ESG) would lead to their shares being shunned by institutional investors. David Lockwood … Continue reading

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March 2023 Update – Global Campaign on Military Spending UK

Our analysis of Jeremy Hunt’s Spring Statement shows the following: £7.1bn (or 15.7%) increase in UK core military spending this financial year (from £45.9bn in 2021/22 to £53.1bn in 2022/23) The uplift granted to the military was higher than that for any other … Continue reading

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Global arms sales soar for the seventh consecutive year

Rising arms sales  benefit the global security elite: Feinstein   Despite all the protests against the manufacture and export of lethal weapons to oppressive regimes and the good news about Elbit systems in the last post, global arms sales have risen … Continue reading

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Should the arms manufacturing sector fare better than health, education and social care?

  As the global economy has contracted by more than 3% as forecasted, the sales of arms and military services increased by 1.3% in real terms, compared with 2019. Ceren Sagir draws attention to the sales of the top 100 … Continue reading

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Why has Israeli arms giant Elbit Systems lost two contracts?

An answer to a written parliamentary question submitted by shadow defence secretary John Healey (left) last month, revealed that Elbit sites in Oldham and London have closed down . It has also lost two lucrative contracts with the Ministry of … Continue reading

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