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Michigan State University Student Government Endorses Divestment From Israel

Michigan State University student Saba Saed speaks at a rally in Lansing, MI on Feb. 16, 2024, calling for Michigan voters to oppose the US’s handling of the conflict in Gaza. Photo: Andrew Roth via Reuters Connect.

The student government of Michigan State University (MSU) has passed a resolution calling on school officials to endorse the boycott, divestment, and sanctions movement (BDS) against Israel, becoming the latest such body to attack the Zionist component of Jewish identity and advocate policies which would undermine Israeli security.

“The Associated Students of Michigan State University shall release a statement … reaffirming support for divestment from weapons manufacturers, the state of Israel, and investments firms and banks investing in weapons manufacturers, including, but not limited to Lockheed Martin, Northrop Grumman, Boeing, Black Rock, and BNY Mellon,” the resolution, also known as “61-53,” said. “[We] shall continue to advocate for divestment during Board of Trustees meetings via liaison statements, meetings with Board members, meetings with administration, and meetings in academic governance.”

Formally launched in 2005, the BDS campaign opposes Zionism — a movement supporting the Jewish people’s right to self-determination — and rejects Israel’s right to exist as a Jewish nation-state. It seeks to isolate the country with economic, political, and cultural boycotts. Official guidelines issued for the campaign’s academic boycott state that “projects with all Israeli academic institutions should come to an end,” and delineate specific restrictions that its adherents should abide by — for instance, denying letters of recommendation to students applying to study abroad in Israel.

BDS has received renewed support amid Israel’s latest conflict with the Palestinian terrorist group Hamas, which was responsible for the rape and murder of hundreds of Israeli civilians during its invasion of the Jewish state on Oct. 7, 2023. Following its endorsement by Associated Students, MSU’s Jewish Student Union denounced what it described as the attempted erasure of pro-Israel Jews on campus.

“Our communities are deeply disappointed that the Associated Students of Michigan State University continues to pass antisemitic and divisive resolutions — as well as biased and hurtful statements that call for divestment from Israel,” the group said in a statement which followed the vote. “The BDS movement is an inherently antisemitic movement that creates division and emboldens anti-Jewish sentiment on campus.”

It added, “We condemn the passage of Bill 61-53 and will continue to advocate against the BDS movement.”

Associated Students president Connor Le defended the resolution in a statement to MSU’s student newspaper, The State News, saying it responded to “the differing and diverse needs of the student body” and that “while the language of 61-53, may be viewed as offensive to some communities, others on campus found it important to bring this issue to the General Assembly, the Board of Trustees, and the overall MSU community.”

Michigan State University has formally rejected the BDS movement and any other which would exert “political influence” on the university’s investment portfolio and undermine its “focus on strong financial stewardship that allows us to advance our educational and outreach mission.”

When anti-Zionist students installed an encampment on campus property and vowed not to leave unless school officials adopted BDS, university president Kevin Guskiewicz confirmed divestment was not on the agenda.

“We have no direct investments in gun manufacturers, and we do not have direct or indirect investments in the three publicly traded civilian firearms manufacturers,” he said. “Further, the university does not own an Israeli-issued security bond. Given this context, and as the Board has previously indicated, the university will not be making any divestment changes.”

Follow Dion J. Pierre @DionJPierre.

The post Michigan State University Student Government Endorses Divestment From Israel first appeared on Algemeiner.com.

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Terrorist Responsible for Death of 21 Soldiers Eliminated

An Israeli F-35I “Adir” fighter jet. Photo: IDF

i24 NewsKhalil Abd al-Nasser Mohammed Khatib, the terrorist who commanded the terrorist cell that killed 21 soldiers in the southern Gaza Strip on January 22, 2024, was killed by an Israeli airstrike, the IDF said on Sunday.

In a joint operation between the military and the Shin Bet security agency, the terrorist was spotted in a reconnaissance mission. The troops called up an aircraft to target him, and he was eliminated.

Khatib planned and took part in many other terrorist plots against Israeli soldiers.

i24NEWS’ Hebrew channel interviewed Dor Almog, the sole survivor of the mass casualty disaster, who was informed on live TV about the death of the commander responsible for the killing his brothers-in-arms.

“I was sure this day would come – I was a soldier and I know what happens at the end,” said Almog. “The IDF will do everything to bring back the abductees and to topple Hamas, to the last one man.”

The post Terrorist Responsible for Death of 21 Soldiers Eliminated first appeared on Algemeiner.com.

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Stanley Fischer, Former Fed Vice Chair and Bank of Israel Chief, Dies at 81

FILE PHOTO: Vice Chair of the U.S. Federal Reserve System Stanley Fischer arrives to hear Governor of the Bank of England Mark Carney delivering the Michel Camdessus Central Banking Lecture at the International Monetary Fund in Washington, U.S., September 18, 2017. Photo: REUTERS/Joshua Roberts/File Photo

Stanley Fischer, who helped shape modern economic theory during a career that included heading the Bank of Israel and serving as vice chair of the US Federal Reserve, has died at the age of 81.

The Bank of Israel said he died on Saturday night but did not give a cause of death. Fischer was born in Zambia and had dual US-Israeli citizenship.

As an academic at the Massachusetts Institute of Technology, Fischer trained many of the people who went on to be top central bankers, including former Federal Reserve Chairman Ben Bernanke as well as Mario Draghi, the former European Central Bank president.

Fischer served as chief economist at the World Bank, and first deputy managing director at the International Monetary Fund during the Asian financial crisis and was then vice chairman at Citigroup from 2002 to 2005.

During an eight-year stint as Israel’s central bank chief from 2005-2013, Fischer helped the country weather the 2008 global financial crisis with minimal economic damage, elevating Israel’s economy on the global stage, while creating a monetary policy committee to decide on interest rates like in other advanced economies.

He was vice chair of the Federal Reserve from 2014 to 2017 and served as a director at Bank Hapoalim in 2020 and 2021.

Current Bank of Israel Governor Amir Yaron praised Fischer’s contribution to the Bank of Israel and to advancing Israel’s economy as “truly significant.”

The soft-spoken Fischer – who played a role in Israel’s economic stabilization plan in 1985 during a period of hyperinflation – was chosen by then Finance Minister Benjamin Netanyahu and Prime Minister Ariel Sharon as central bank chief.

Netanyahu, now prime minister, called Fischer a “great Zionist” for leaving the United States and moving to Israel to take on the top job at Israel’s central bank.

“He was an outstanding economist. In the framework of his role as governor, he greatly contributed to the Israeli economy, especially to the return of stability during the global economic crisis,” Netanyahu said, adding that Stanley – as he was known in Israel – proudly represented Israel and its economy worldwide.

Israeli President Isaac Herzog also paid tribute.

“He played a huge role in strengthening Israel’s economy, its remarkable resilience, and its strong reputation around the world,” Herzog said. “He was a world-class professional, a man of integrity, with a heart of gold. A true lover of peace.”

The post Stanley Fischer, Former Fed Vice Chair and Bank of Israel Chief, Dies at 81 first appeared on Algemeiner.com.

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Saudi Arabia’s Foreign Minister Says Israel Blocking Ramallah Meeting Proof of ‘Extremism’

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan Al-Saud attends a news conference at the Arab Gulf Summit in Riyadh, Saudi Arabia, December 9, 2022. Photo: REUTERS/Ahmed Yosri

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Al-Saud said the Israeli government’s refusal to allow a delegation of Arab ministers to the West Bank showed its “extremism and rejection of peace.”

His statement came during a joint press conference in Amman with counterparts from Jordan, Egypt and Bahrain, after they met as part of an Arab contact group that was going to meet Palestinian President Mahmoud Abbas in Ramallah.

“Israel’s refusal of the committee’s visit to the West Bank embodies and confirms its extremism and refusal of any serious attempts for (a) peaceful pathway… It strengthens our will to double our diplomatic efforts within the international community to face this arrogance,” the Saudi minister said.

On Saturday, Israel said it would not allow a planned meeting on Sunday that would have included ministers from Jordan, Egypt, Saudi Arabia, Qatar and the United Arab Emirates, Palestinian Authority officials said.

Bin Farhan’s visit to the West Bank would have marked the first such visit by a top Saudi official in recent memory.

An Israeli official said the ministers intended to take part in a “provocative meeting” to discuss promoting the establishment of a Palestinian state.

Jordan’s Foreign Minister Ayman Safadi said blocking the trip was another example of how Israel was “killing any chance of a just and comprehensive” Arab-Israeli settlement.

An international conference, co-chaired by France and Saudi Arabia, is due to be held in New York on June 17-20 to discuss the issue of Palestinian statehood.

Egyptian Foreign Minister Badr Abdelatty said the conference would cover security arrangements after a ceasefire in Gaza and reconstruction plans to ensure Palestinians would remain on their land and foil any Israeli plans to evict them.

The post Saudi Arabia’s Foreign Minister Says Israel Blocking Ramallah Meeting Proof of ‘Extremism’ first appeared on Algemeiner.com.

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