McDonalds has 80 resturants in israel, providing employment to 3000 israelis. McDonalds has just announced it is closing down its operation in the middle east due to loss of revenue as a direct result of the boycott and is replacing Greenberg as its chairman and CEO Since the launch of the boycott campaign, two of Jordans six McDonalds franchises have closed due to lack of business. In Egypt, McDonalds decided to change its brand name to Manfoods this past March, in an attempt to dodge the boycott. It had no effect and Egyptian police forces were ordered to guard the entrances to McDonalds restaurants, after stone throwing incidents took place. A total of 175 restaurants will be closed at a loss of $350 million. In the face of giants like McDonalds crumbling under the pressure of the boycott, smaller companies are weary of supporting Israel and are steering clear in fear of being boycotted. Amidst calls for a boycott of Amazon, the internet bookstore Amazon terminated its association with the Jerusalem Post It was revealed that the Jerusalem Post was donating its slice of the profits derived from the amazon partnership to Israeli soldiers returning home after committing massacres and other abuses of human rights on the occupied territories. Their advert, which appeared on most of their pages, read Buy Amazon & Support Israel. Inundated with complaints, amazon severed its ties to the Jerusalem Post, demanding they remove all the adverts and vowed not to hand over any more profits. Other companies, disgusted by Israels treatment of the Palestinians have themselves actively joined the boycott. In May 2002 a US auto part export company refused to do business with Israel. In a reply to a purchase order from Israel, John Harris, representing Texas Automotive Export wrote: We must inform you that Texas Export will not do business with Israeli citizens at this time. We urge you to rein in your military and stop your oppression of the Palestinian people, the letter said. Your country has lost the respect of the civilised world, it concluded. The success of the boycott has so worried the US government and Israel, both afraid that companies will abandon Israel, that just last week the US threatened to fine US companies that take part in the boycott. The Department of Commerce has already issued more than $26m in fines and turned down export licences to those companies found supporting the boycott - so much for democracy and a right to choose who to do business with!
Posted on: Wed, 03 Dec 2014 05:17:03 +0000
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