Amid growing consumer concern over the Israel-Palestine conflict, we delve deeper into whether Western Union, a prominent financial services corporation, has any ties to Israel, a country often accused of occupying Palestinian territory.
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Exploring Western Union’s Presence in Israel
Established in 1851, Western Union, now a multinational corporation headquartered in Denver, Colorado, faces scrutiny over its involvement in Israel. With an official website facilitating transactions and emphasizing money transfers to Israel, questions arise about its financial ties.
Shareholders like The Vanguard Group, Inc. and BlackRock, Inc. hold significant stakes, raising ethical concerns amid the Israel-Palestine conflict. As consumers scrutinize corporate connections to geopolitical issues, Western Union’s operations prompt reflection on supporting Palestinian rights.
- Operates an official website in Israel for transactions within the country
- Allows users to send money online via Israel Post Bank accounts
- Offers online money transfer services to Israel through Israel Post online banking
- Emphasizes sending money to Israel, promoting easy and convenient methods
- Shareholders include The Vanguard Group, Inc. (owns 11.95%) and BlackRock, Inc. (owns 10.7%)
Link Proof:
- https://www.westernunion.com/il/en/home.html
- https://www.westernunion.com/il/en/send-money-online-banking.html
- https://www.westernunion.com/gb/en/send-money-to-israel.html
- https://ir.westernunion.com/investor-relations/fundamentals/institutional-holdings/default.aspx
- https://www.marketscreener.com/quote/stock/THE-WESTERN-UNION-COMPANY-33821/company/
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From the facts above, it’s evident that Western Union has contributed to providing economic support to Israel, primarily due to The Vanguard Group, Inc. and BlackRock, Inc. owning a majority stake in the company, which also invests in arms suppliers to Israel. As individuals focused on peace and anti-colonialism, we are urged not to use Western Union’s services or products due to its strong economic ties to Israel as the occupier of Palestinian land.
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