Sunday, August 31, 2014

SodaStream update 8/31/14:


As per a report in Bllomberg.com (http://www.bloomberg.com/news/2014-08-04/soros-fund-no-longer-holds-shares-of-sodastream.html), George Soros, in early August, sold the 550,000 shares in SodaStream he had purchased in May.

The purchase of those shares caused Soros, champion of civil liberties and of open societies that he has been, to be vilified by BDS founder Omar Barghouti.

According to a recent report
SodaStream CEO Daniel Birnbaum has announced that his company will soon decide whether to close the controversial West Bank plant.

There has been no indication by spokesmen for Soros about whether his decision to sell had anything to do with the BDS campaign directed at SodaStream.

Birnbaum, however, has stressed that political pressures brought to bear on his company played no part, and that the decision would be "purely financial."

Who knows.

The ways of the market are dark and deep.

What is indisputable, however, is that SodaStream has already fired 100-200 workers at the West Bank plant — Palestinian workers who had been paid and treated as well as their Jewish co-workers.

Whatever the reason, what kind of victory is that, and the possible relocation of the SodaStream factory, supposed to be for the Palestinian cause?


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