Israeli-American tycoons Haim Saban and Sheldon Adelson have vowed to punish those who boycott Israel, focusing their attacks first on US campuses.
The campaign of Boycott, Divestment and Sanctions (BDS) against Israel over its apartheid policies toward the Palestinians has gained momentum globally in recent months.
This week, the French telecommunications giant Orange announced to withdraw its brand from the Israeli market.
In response, media mogul Haim Saban vowed on Saturday to fight back so forcefully against Orange that any other company thinking of boycotting Israel would reconsider it.
“We do have an anti-Semitic [sic] tsunami that’s coming at us,” said Saban of the international campaign to boycott and isolate Israel.
He said Israeli lobbies will create a climate that forces any business group considering boycotting Israel to revise its strategy.
Saban was speaking in a joint interview with the billionaire Sheldon Adelson on an Israeli television channel.
Adelson, for his part, added that the Boycott, Divestment and Sanctions global campaign and the increasingly popular anti-Israeli organizations in the US will be the first targets who'll meet Israeli punishment.
He said his focus was to reverse the inroads being made by “the BDS… the anti-Israel and anti-Semitic organizations [that] are making a lot of headway on the campuses in the United States.”
He said he would call on Jewish groups in the US to work against decisions taken by student campus groups to boycott Israel.
Israeli supporters in the US have said that the growing international campaign to boycott Israel over its atrocities against the people of Palestine is one of Tel Aviv’s greatest challenges.
Israel has faced the widening boycott campaign by several European businesses over its illegal settlement activities on the occupied Palestinian land.
Two of Europe’s biggest financial institutions have boycotted transactions with Israeli companies involved in the settlement construction.
The European Union has also blocked all grants and funding to any Israeli entity based in the illegal settlements.
The American Studies Association has also announced a decision to boycott Israeli institutions and academics over the discriminatory treatment of Palestinians.
Israelis are frustrated in the face of the growing boycott campaign. Israeli officials have held several meetings in an attempt to find a strategy to counter the boycotts.
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