Strauss announced plans to distribute hundreds of millions of shekels in dividends despite her complaint to the Minister of Economy about her financial situation (Reuters)
Occupation Economy Minister Nir Barkat called on the Israeli public to boycott the products of the famous food giant Strauss Group, due to its continued raising prices in light of the war on Gaza.
He pointed to the company's decision to distribute large profits while continuing to raise prices. The minister condemned Strauss' position, stressing that the company had "lost its shame."
The call for a boycott comes in the wake of the Strauss Group's announcement of plans to distribute hundreds of millions of shekels in the form of profits, despite its complaints to the minister about its financial situation and the high prices of its products during the war on Gaza.
The minister expressed his dissatisfaction, stressing, "They suddenly found hundreds of millions to distribute to shareholders." He urged the public to refrain from purchasing Strauss products as a form of protest against the company's actions.
In February, the Economy Minister announced that Strauss, which had initially announced it would freeze its rising prices amid the ongoing war, had entered the economic blacklist due to non-compliance.
Israel is suffering continuous losses as a result of the aggression it launches on the Gaza Strip. The expected losses, according to governmental and non-governmental sources, range between 100 and 125 billion dollars, both direct and indirect losses.
Israeli reports stated that most of the losses are linked to increased military spending in the war. While the Israeli economy finds itself in an unprecedented predicament, the percentage of losses in some sectors has reached 80%, especially tourism.
Source: Jerusalem Post