Spain (State of)

According to a new report published by Centre d’Estudis per la Pau to analyse the way banks, pension funds and insurers are funding the arms industry, the total financing to the arms industry by financial institutions operating in Spain reached nearly €11,969 million between the years 2014 and 2019. The largest armed banks operating in Spain are again BBVA, Santander, ING, Deutsche Bank, Banco Sabadell, Bankia and Caixabank.

The Spanish government has decided to go ahead with the delivery of 400 laser guided missiles to Saudi Arabia, worth more than $10m, a few weeks after saying they would cancel the order.

It seems that few could imagine that the problems made by the Spanish state for the Catalan referendum on 1st October would lead to exactly that which reinforces the legitimacy of the fight of many social claims: peaceful popular resistance.

Centre Delas have published a new resource, illustrating the involvement of the financial industry with the arms trade. Banca Armada allows users to explore how – between 2011 and 2017 – different banks, insurance companies, asset management companies, sovereign wealth funds, and some pension funds and public institutions financed the activities of the arms industry.

Exciting news! Piecing it Together, the WRI's Feminism and Nonviolence Study group's extraordinary pamphlet of 1983 has just been published in Catalan by the Institut Català Internacional per la Pau.

Activists in Madrid have taken action against Spain's biggest arms fair, with large demonstrations accompanied by nonviolent direct action, which saw activists covering themselves in red paint and unfurling banners at the entrance to the HOMESEC arms fair, in Madrid.

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