The row has exposed the extent that the Bush administration was willing to sanction settlement-building, despite its publicly stated policy.
NEW YORK TIMES Standard Chartered Chairman Retracts Comments on Sanctions Settlement With U.S. | John W. Peace, chairman of the British bank Standard Chartered, on Thursday retracted statements about the bank's recent settlement with American authorities over violations of sanctions laws, saying his earlier comments were "wrong".
The assent of three-fourths of the claimants is needed before the bankruptcy court will sanction the settlement.
And yet Dimon's bank has repeatedly settled with both the Obama and Trump administrations for violating U.S. sanctions against Iran, Cuba and Syria, paying $88.3 million in 2011 ― the largest sanction violation settlement ever involving a U.S. financial institution ― and another $5.3 million to settle further sanction violations late last year.
But it was hailed by Palestinians and their supporters as a significant political and economic sanction against settlements.
In this context, the E.U.'s sanctions against settlement activity make sense, too, and should probably not be confused with the B.D.S. campaign at all.
When sanctioning early settlement construction in the West Bank, the report says: "the principal means Israel used... was declaration of 'state land', a mechanism that resulted in the seizure of more than 900,000 dunams of land (16% of the West Bank), with most of the declarations being made in 1979-1992.
(The vote to boycott was particularly perverse in the case of the National Women's Studies Association, given the comparative sexual freedom in Israel, where Palestinian gays and battered wives often find refuge). In this context, the E.U.'s sanctions against settlement activity make sense, too, and should probably not be confused with the B.D.S. campaign at all.
The health secretary challenged the opposition to say they would not have sanctioned the settlement if they had known, without it, vital medicines might not be available.
But because it's guarded by armed men 24/7, and because the Israeli government officially sanctions the settlement, Hashmonaim doesn't feel illegal.
