Briefing

PI Briefing | No. 24 | The Economy of Genocide, Exposed

UN Expert Francesca Albanese names corporate profiteers — and calls the world to Bogotá to stop them.
In the Progressive International's twenty fourth Briefing of 2025, we bring news from Geneva as UN Special Rapporteur Francesca Albanese releases her latest report into the crimes perpetrated against the Palestinian people.

The Trump Administration has launched a furious attack on UN Special Rapporteur Francesca Albanese following the release of her searing new report, From Economy of Occupation to Economy of Genocide, which lays bare the role of global corporations in Israel’s assault on the Palestinian people.

Labelled “unfit for office” by Trump officials and accused of “supporting terrorism,” Albanese now faces calls for her resignation from the United States government — an unprecedented attempt to silence an independent UN expert for simply doing her job.

The world stands with Francesca Albanese — and against the corporations, governments, and institutions supporting Israel’s genocide of the Palestinians in Gaza.

“Companies are no longer merely implicated in occupation – they may be embedded in an economy of genocide,” Albanese warns in her report to the UN Human Rights Council in Geneva last week.

Based on over 200 submissions from UN member states, civil society organisations, and legal experts, Albanese identifies 48 corporations that are “financially bound to Israel’s apartheid and militarism.” Her report details the structures of profit and power that sustain the occupation — and accelerate it toward genocide.

From arms manufacturers and surveillance giants to agribusinesses and financiers, multinational companies are enabling Israeli war crimes in Palestine — and profiting handsomely. These include corporations supplying weaponry for repeated military assaults on Gaza, firms building and servicing the illegal settlements in the West Bank, and tech platforms that aid Israel’s surveillance regime.

“[Israel’s] forever-occupation has become the ideal testing ground for arms manufacturers and Big Tech – providing significant supply and demand, little oversight, and zero accountability – while investors and private and public institutions profit freely,” the report states.

Trump’s attack on Francesca Albanese is an attack on the truth — and an affront to the fundamental human rights of the Palestinian people. But it will not succeed. Citizens and states around the world are rallying in defence of those who expose these crimes, and take urgent action to dismantle the economic machinery that sustains them.

Yesterday, Council members Yanis Varoufakis and Jayati Ghosh led a global group of experts — including Thomas Piketty and Nassim Nicholas Taleb — in backing Albanese’s report. “The report constitutes a major contribution to understanding the political economy of Israel’s Apartheid state, the ethnic cleansing of Palestinians and, now, their genocide,” they write. “As such, we believe, it must be studied and debated widely and freely.”

At the launch of her report in Geneva, Albanese issued a clear call to states around the world: join The Hague Group — the coalition of governments working to uphold international law and end Israeli impunity — and participate in next week’s emergency conference in Bogotá.

“The Hague Group is the most significant political development of the last 20 months,” she declared. “The Bogotá conference will go down as the moment in history that states finally stood up to do the right thing.”

This is that moment. Nos vemos en Bogotá.

Latest from the Movement

Stopping Steel to Israel

Steel giant Sidenor has suspended all commercial relations with the State of Israel. Last week, PI member the Palestinian Youth Movement (PYM) revealed a planned Sidenor shipment of 122 tonnes of steel to Israeli Military Industries (IMI) out of the port of Barcelona. IMI is owned by Elbit Systems, the largest Israeli arms manufacturer operating across the world — and supplied by Sidenor out of Spain for at least 10 months. Following the agitation of trade unions such as ESK, LAB, and ELA, and the mobilisation of RESCOP, Comunitat Palestina Catalunya and the BDS movement, Sidenor has announced its intention to suspend all steel shipments to Israeli ports. Meanwhile, Comunitat Palestina Catalunya has filed a complaint with the National Court against Sidenor for alleged complicity in the genocide in Palestine. Their demand now — echoed by the PI and the PYM — is urgent: That neither this steel nor any other dual-use steel leaves the port of Barcelona.

UK Labour Government Secretly Hosts Israeli Jets Linked to Gaza Bombings

A new bombshell investigation by PI's lead researcher Abdullah Farooq and Matt Kennard for Drop Site News reveals that since September 2024, the Labour-led British government has allowed at least three Israeli Air Force KC‑707 “Re’em” aerial refuelling jets—used in bombing missions over Gaza—to land and likely refuel at RAF Brize Norton in Oxfordshire on nine occasions. One of these flights, registered 272, was tracked over Gaza within days of two suspected war crimes in October 2024, when a residential complex in Beit Lahiya was bombed, killing 73 civilians. Despite repeated inquiries, the UK Ministry of Defence has neither confirmed nor denied refuelling, stating such movements are standard allied activity and not subject to ongoing commentary.

The revelations have triggered critical responses from activists and politicians. British MP and PI Council Member Jeremy Corbyn called the practice “simply unconscionable,” citing UK complicity in grave breaches of international law, and renewed calls for an independent public inquiry into British support for Israeli military operations.

The activist group Palestine Action, which was formally labelled as a “terrorist group” by the British state last week, highlighted the issue by spraying red paint on two RAF aircraft at Brize Norton last month, accusing the government of facilitating genocide in Gaza.

Read the story in full here.

Art of the Week

The Last Leg (Comrades) is a detail image of a sculpture, including three stacked institutional tables by USM, a popular Swiss furniture company, with three characters surrounding one leg as if to destroy it. The work was part of a larger installation for the exhibition titled Unsetting at the Swiss Institute Milan, inspired by a workshop with Elena Radice about the power and exclusion inherent in language and the “revolutionary potential of a collective messing with it.”

Sophie Jung is a Swiss artist known for her slapstick combination of assemblage sculpture, text, and performance works that navigate the politics of fragmented representation. Jung’s sculptural works comprise bodies, human and non-human, liberated from past lives as significant possessions and stand in equality with their surroundings, placing value instead on the relationships between them, the audience and performative activations.

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Date
08.07.2025
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