July 15, 2024 | 4:34

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The involvement of the Spanish banking and arms industry in the genocide in Gaza

Mairenis Gomez

May 14, 2024 | 11:00 a.m.

On May 20, Jordi Calvo, researcher and coordinator of the Center Delàs d'Estudis per la Pau, will give a talk on the relationship between banking, the Spanish arms industry and the genocide in Gaza.

The conflict in Gaza has left an indelible mark on the world's conscience. The continued violence and devastation in this region has sparked countless debates about the responsibilities and factors fueling this conflict. Jordi Calvo, a prominent researcher and coordinator of the Center Delàs d'Estudis per la Pau, will address this topic in depth in a conference entitled "The involvement of the Spanish banking and arms industry in the genocide in Gaza", which will be held on the 20th. May at 19:00 p.m. on Zirika! Herri Gunea.

Jordi Calvo will analyze the connection between bank financing and the Spanish arms industry in the Gaza conflict

Jordi Calvo is known for his meticulous research on the complex network of economic interests that underlies armed conflicts. His talk promises to shed light on how Spanish banking and the arms industry contribute to the conflict in Gaza. Calvo argues that Spanish banks finance arms companies that, in turn, sell weapons to Israel. This weaponry is used in military operations in Gaza, perpetuating the violence and suffering of the Palestinian population.

In his speech, Calvo will present specific data on financial transactions and arms sales contracts between Spanish companies and the Israeli government. These data are crucial to understanding how money and the arms industry play a role in the continuation of the conflict. Calvo maintains that the involvement of these entities is not a mere coincidence, but part of a systematic network of economic support that facilitates military aggression.

Impact of the arms industry and banking in perpetuating the conflict in Gaza

Jordi Calvo's analysis does not stop at the description of financial transactions. He also examines the humanitarian and social impact of these actions. The sale of weapons to Israel, facilitated by Spanish banks, has devastating consequences for the population of Gaza. Airstrikes, bombings and ground operations have caused thousands of deaths and widespread destruction, particularly affecting civilians, including children and women.

Calvo argues that the responsibility for these actions falls not only on the governments and the armed forces, but also on the financial entities and arms companies that supply the resources necessary for the war. This indirect but crucial involvement makes these entities complicit in the atrocities committed in Gaza. His research seeks to raise awareness of this complicity and encourage public debate about the ethics of financing and supplying weapons in conflict contexts.

In his talk, Calvo will propose several actions that can be taken to address this problem. Among them, he highlights the need to implement stricter regulations on the financing of the arms industry and to increase transparency in financial transactions related to the sale of weapons. Furthermore, he advocates for greater social and political pressure for banks and arms companies to take responsibility for their actions and withdraw from any business that contributes to violence and human suffering.

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