Action

Published on April 13th, 2015 | by Susi Snyder

0

Global Day of Action on Military Spending

The global day of action on military spending is an opportunity for people worldwide to demand a shift in financial priorities. On this day, 13 April, the Stockholm International Peace Research Institute will release its annual report on global military expenditures. The day of action is to call for a shift from disproportionate military spending to funding real human security needs. Most actions are focused on government spending. But there is another side to the money around weapons, and that comes from investments made by financial institutions worldwide.

Research coordinated by PAX shows there is more than US$ 402 billion invested in nuclear weapons producers, and US$ 27 billion invested in Cluster Munitions producers. The research period for nuclear weapons- is from January 2011- August 2014, and for Cluster Munitions from June 2011 – September 2014. These are significant investments from the private sector into companies involved in the production of key components for indiscriminate weapons. This makes the issue of financing the production of indiscriminate weapons a personal one.

No one wants to know that their money is connected with the production of weapons that are either illegal (like cluster munitions) or should be (like nuclear weapons). Everyone has an opportunity to do something about it.

Tweet: I don't want my money financing weapons producers, #banclusterbombs #goodbyenukes #MoveTheMoney #disinvest http://ctt.ec/RrYcw+I don’t want my money financing weapons producers, #banclusterbombs #goodbyenukes #MoveTheMoney #disinvest

On this Global Day of Action, we can demand that our money not fill the accounts of these weapons producers, that our financial institutions put in place airtight policies to prevent any investment in indiscriminate weapons and that they divest now.

To find out if your financial institution invests in nuclear weapons producers see: www.dontbankonthebomb.com

And contact your financial institution say now is the time to Stop Banking on the Bomb.

Send them a tweet to say that it’s time to stop financing #nuclearweapons producers! #divest #goodbyenukes

 Tweet: Time for @allianz to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/cRL76+ to Allianz

Tweet: Time for @AXAFrance to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/08097+ to AXA

Tweet: Time for @bankofamerica to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/Ae0s_+to Bank of America

Tweet: Time for @Barclays to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/n6cEU+ to Barclays

Tweet: Time for @BNPParibas_com to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/azqd_+ to BNP Paribas

Tweet: Time for @CapitalOne to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/6H6ex+ to Capital One

Tweet: Time for @citi to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/EbOX5+ to Citigroup

 Tweet: Time for @commerzbank_KT to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/vaQBo+ to Commerzbank

Tweet: Time for @CreditAgricole to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/bqpL1+ to Credit Agricole

Tweet: Time for @Credit_Suisse to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/3K7E0+  to Credit Suisse

Tweet: Time for @DeutscheBank to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/6_Kja+ to Deutsche Bank

Tweet: Time for @Fidelity to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/BOha0+ to Fidelity

Tweet: Time for @hsbc_uk_press to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/Lymc6+ to HSBC

Tweet: Time for @Chase to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/1J21r+ to JP Morgan Chase

Tweet: Time for @RBC_Canada to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/YNSVv+ to Royal Bank of Canada

Tweet: Time for @rbs_help to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/X_kou+ to Royal Bank of Scotland

Tweet: Time for @TC_Talks to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/y9mhI+ to TIAA-CREF

Tweet: Time for @UBS to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/wadKu+ to UBS

Tweet: Time for @WellsFargo to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/qjR5t+ to Wells Fargo

Tweet: Time for @Westpac_com_au to stop financing #nuclearweapons producers! #divest #goodbyenukes #MoveTheMoney http://ctt.ec/eK75Q+ to Westpac

 


About the Author

Susi is the project lead for the PAX No Nukes project, she also coordinates the Don’t Bank on the Bomb research and campaign. Read more about Susi here.



Back to Top ↑

PAX