Dear Netters:

The Independent today (16 Aug.2011) begins with an ‘exclusive’ by Jerome Tailor. The article is headlined:UK banks fund deadly cluster-bomb industry. State-owned RBS among those putting millions into manufacturers.

I reproduce the first three paragraphs:
“British High-street banks, including two institutions that were bailed out by taxpayers, are investing hundreds of millions of pounds in companies that manufacture cluster bombs – despite a growing global ban outlawing the production and trade of the weapons. The Royal Bank of Scotland, Lloyds TSB, Barclays and HSBC have all provided funding to the makers of cluster bombs, even as international opinion turns against a weapons system that is inherently indiscriminate and routinely maims or kills civilians.” The article also tells in pictures how these are manufactured. It is “The shame of Britain’s biggest banks” concludes another leading article

The Amnesty urges British banks to stop pouring money in this way. The full article with illustrations can be linked through Google

-bhuban




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