Ben & Jerrys suffered a fatal blow from Arizona in the hundreds of millions of dollars

Ben & Jerrys suffered a fatal blow from Arizona in the hundreds of millions of dollars
Ben & Jerrys suffered a fatal blow from Arizona in the hundreds of millions of dollars
Ben & Jerry’s (Flash 90 / Luke Tress)

The state of Arizona last night (Tuesday) withdrew all its investments in Ben & Jerry’s and is the first state in the United States to take this practical step against the company in response to a boycott against Israel, with boycotts from other states such as New Jersey, Texas and Florida.

Arizona State Treasurer Kimberly Y. announced earlier this month that she had decided to withdraw all public funds invested in Ben & Jerry’s because it violated state laws by boycotting the State of Israel.

“I have issued an ultimatum to Unilever, the parent company of Ben & Jerry’s, cancel the Ben & Jerrys decision or break up with the Ben & Jerrys company to comply with Arizona State law, or you will bear the consequences. “They chose the second option,” said the Arizona state treasurer.

Yi added: “Israel is, and will continue to be, Arizona’s major trading partner. As the state’s chief financial officer and investor, I stand by Israel, and will not allow the use of tax money for antisemitic and discriminatory efforts against Israel.” According to the treasurer’s announcement, Arizona State’s investments in Unilever fell in June from $ 143 million to $ 50 million, and yesterday, September 21, dropped to zero.

The action against Ben & Jerrys and Unilever was taken following a request from the IAC for Action, the sister organization of the Israeli-American Community Organization (IAC) in charge of policy and legislation, which took an active part in advancing legislation against BDS in Arizona in 2016. IAC for Action is currently leading In the US, there is an extensive campaign to enforce BDS laws against Ben & Jerry’s and Unilever in many countries.

According to Sean Even Life, Chairman of the IAC for Action: “This is important news in the war against the BDS hate movement, which aims to challenge the very existence of the State of Israel. We are proud of the work we have done in recent years to make sure there are laws against BDS including in Arizona. We believe that Arizona is not the last state to act against Ben & Jerry’s and Unilever and we will continue to do everything possible to have a clear and heavy price for anyone who joins hands and cooperates with anti-Zionist and anti-Semitic hate movements. ”

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Ben Jerrys suffered fatal blow Arizona hundreds millions dollars

 
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