web analytics
December 19, 2014 / 27 Kislev, 5775
 
At a Glance
News & Views
Sponsored Post
8000 meals Celebrate Eight Days of Chanukah – With 8,000 Free Meals Daily to Israel’s Poor

Join Meir Panim’s campaign to “light up” Chanukah for families in need.



George Soros Dumps SodaStream

Open Society Foundations chairman and founder George Soros.

Open Society Foundations chairman and founder George Soros.
Photo Credit: YouTube

Originally posted at Jewish Business News.

Billionaire investor George Soros sold his stake in SodaStream, consisting of 550,000 shares. SodaStream, whose main factory is in the West Bank, is once again in the spotlight, but a spokesman for Soros refused to comment on the reason for the sale.

The timing of the move, giving the raging conflict between Israel an Gazans, led to speculation by Pro-Palestinian news agencies that Soros, either through pressure of conviction, was divesting from SodaStream for political reasons. The Abu Dhabi based publication, The National, reports:

“The decision comes as a group of big international investors, including the fund lined to Microsoft found, Bill Gates, join a burgeoning financial boycott of Israel amid a push by the boycott, divestment and sanction movement (BDS) and other groups seeking more rights for Palestinians.” SodaStream is a major employer of Palestinian Arabs, and provides them with wages equivalent to their Israeli counterparts as well as a mosque on the premises. That hasn’t stopped SodaStream from becoming the target of BDS venom, most notably, the departure of actress Scarlet Johansson from Pro BDS Oxfam over her controversial advertisements for SodaStream.

With talk that Starbucks may purchase SodaStream, there are threats among BDS of massive boycotts of the most prominent coffee company. Omar Barghouti, Palestinian activist and co-founder of the BDS movement told VICE:

“If Starbucks partners with SodaStream, it will face an unprecedented boycott campaign against it in the Arab world, the U.S., and in many other countries …” Barghouti might sound a bit ambitious here (especially since polls show the majority of Americans support the recent military defense by Israel in Gaza) that the typical American is going to give up the morning Frapuccino. However, massive boycotts of Starbucks in Europe because of BDS might make a dent, although the coffee company has been doing as well in China in recent years as it has in Europe. Of course, if BDS drives Starbucks away from Sodastream, it is likely to hurt West Bank Arabs who work for SodaStream at least as much as their Israeli employers.

Who knows if the Pro-Palestinian news sources are correct and if Starbucks will shy away from SodaStream, although BDS hasn’t stopped takeovers of Israeli tech startups. And keep in mind like chain smokers, coffee addicts are not just addicted to the drug, but to the brand. Still, it pays to be cautious about the possible fallout rather than complacent, while keeping in mind that neither George Soros nor a spokesman was willing to comment on the reason for the sale of the SodaStream stake.

About the Author: Vered Weiss writes for www.JewishBusinessNews.com.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

9 Responses to “George Soros Dumps SodaStream”

  1. Pat Baker says:

    Call your broker – Just a great incentive for those of us who love Israel to purchases the shares he dumped — his loss, our gain.

  2. What a terrible conundrm for this son a a Capo. He had to give up money in order to retain his standing amongst teh other jew haters. He must have been sick over the choice.

  3. What a terrible conundrm for this son a a Capo. He had to give up money in order to retain his standing amongst teh other jew haters. He must have been sick over the choice.

  4. Of course he did…

  5. Of course he did…

  6. Of course he did…

  7. His is not Jewish, his a Nazi collaborators.

  8. Larry Rosen says:

    he needs a big CO2 cartridge placed you know where…..

  9. Of course he is! No question. He was a moser during the war, turning Jews in to the Germans, so I wouldn’t expect any pro-Israel behavior from him.

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Moshe Kachlon (L) and Avigdor Liberman (R)
Liberman’s Secret Plan to be Crowned Prime Minister
Latest News Stories
Hamas on Temple Mount

Police must have been too busy arresting Jewish children to notice the Hamas rally on the Temple Mount today.

Was top Hezbollah terrorist a spy for Israel?

israel polls

Reshet Bet has released their latest election poll…

ISIS terrorists.

Radical US Jewish lawyer involved in attempt to unite terrorists.

12:36 PM – Army admits that a rocket actually landed in Israel in an open area. This is the first time since Operation Protective Edge that the IDF admits that a rocket landed within Israel’s territory. No injuries or damage reported. 11:46 AM A rocket alert was heard in the Eshkol region. The IDF is […]

Israelis will Celiac disease will now be allowed to join combat units.

Teenager attacked Jews on their way to holy site.

Four in serious condition; doctors not sure why.

Liberman and Kachlon may merge right after elections – and the larger party will recommend Liberman for Prime Minister to the President.

A Chabad rabbinic student stabbed in “770″ has returned home from the hospital.

Arabs attacked an Israeli bus traveling between Arad and Be’er Sheva along Highway 31 Thursday evening.

The UN General Assembly approves resolution to refer N. Korea to the Intl Criminal Court at The Hague.

Israeli soldiers stand guard near large public menorah near the site where Dalia Lemkus, 26, was stabbed to death at a bus stop near the entrance to Alon Shvut last month.

US teachers are learning “3-D printing” from the Dept. of Defense.

The U.S. government has definitely linked North Korea to the cyber terror siege of Sony Pictures.

U.S. lawmakers were divided, but many upset, about Pres. Barack Obama’s secret talks that restored full relations with Cuba.

More Articles from Vered Weiss
Open Society Foundations chairman and founder George Soros.

The timing of the move, giving the raging conflict between Israel an Gazans, led to speculation by Pro-Palestinian news agencies that Soros, either through pressure of conviction, was divesting from SodaStream for political reasons.

Printed from: http://www.jewishpress.com/news/breaking-news/george-soros-dumps-sodastream/2014/08/07/

Scan this QR code to visit this page online: