How Can a Jewish Financial Advisory Company Solve the Economic Issues of Pakistan?
PM Shahbaz Sharif, Dr Ayesha Ghous Pasha, Minister of State for Finance, and other Finance related officials had a meeting with the delegation of Rothschild and Co, on 20th February 2023. The main agenda was to take advice to strengthen Pakistan’s Economy. Rothschild and Co. is the world’s biggest financial advisory co.
But in Politics, things are never in black and white, they are always grey.
Advice is something that could have a crucial impact on the life of a Nation. Only one bad piece of advice may be the reason for the destruction. So let’s know our ‘valuable’ advisors!
Who Are the Rothschilds?
Rothschild and Co. are founded by Mayer Amschel Rothschild in the 1760s. It spread its wings in Europe and penetrates the politics, Finance and policy-making processes.
The Rothschild family is a wealthy Jewish family that originated in Frankfurt, Germany and has been involved in banking, philanthropy, politics, and art for centuries. The family has also played a significant role in the establishment of Israel, both financially and politically.
Role in the Establishment of Israel:
One of the earliest and most influential members of the family who supported the Zionist cause was Baron Edmond James de Rothschild (1845-1934), a French banker and philanthropist who was known as the "Father of the Yishuv" (the Jewish community in Palestine). He began to sponsor Jewish immigration and settlement in Palestine in the 1880s, following his visit to Jerusalem in 1860. He financed agricultural colonies, schools, hospitals, libraries, and industries for the Jewish settlers. He also lobbied the Ottoman Empire and other European powers to grant political rights and concessions to the Jews in Palestine. He donated large sums of money to Theodor Herzl, the founder of modern Zionism, and supported the establishment of a Jewish homeland in Palestine. He is buried in Ramat HaNadiv, a nature reserve and memorial garden near Zichron Ya'akov, one of the first settlements he founded.
Balfour Declaration 1917 and the Role of Rothschilds:
Another prominent member of the family who contributed to the creation of Israel was James Jacob de Rothschild (1878-1957), a French banker and politician who was the son of Edmond James de Rothschild. He inherited his father's fortune and continued his philanthropic work in Palestine. He also played a crucial role in the negotiations that led to the Balfour Declaration of 1917, which expressed British support for a Jewish national home in Palestine. He was a close friend of Chaim Weizmann, the first president of Israel, and helped him secure international recognition and financial aid for the Jewish state. He also funded the construction of the Knesset building, the Israeli parliament, as a gift to the new nation. He is buried next to his father in Ramat HaNadiv.
Establishment of Educational Institutes and aid in the Nuclear Program of Israel:
After his death, his eldest son Alphonse Rothschild (1903-1979) took over the management of the family bank and was the most active in support of Israel. He donated millions of francs to various Israeli institutions and causes, such as the Weizmann Institute of Science, the Hebrew University of Jerusalem, the Israel Museum, and the Yad Vashem Holocaust Memorial. He also helped finance Israel's nuclear program and its defence industry. He was awarded the Israel Prize in 1957 for his contributions to Israeli culture.
Involved in Many Development projects in Israel:
The Rothschild family continues to be involved in Israel's development and security through various foundations and initiatives. For example, the Yad Hanadiv Foundation, established by James Jacob de Rothschild in 1958, supports projects in education, environment, academic excellence, civil society, and Arab community development in Israel. The foundation also funded the design and construction of the new Supreme Court building in Jerusalem, which was inaugurated in 1992.
They Served Israel to prosper for centuries:
The Rothschild family has been a major force behind the establishment and prosperity of Israel for over a century. Their legacy is evident in many aspects of Israeli society, culture, economy, and politics. They have been recognized and honoured by numerous awards and monuments for their vision and generosity.
The Accusation of Engineering in WWI:
The Rothschilds have also been accused of engineering World War I and manipulating world events to achieve their Zionist agenda, but these claims are disputed and lack credible evidence.
In the End...
The controversial background of Rothschild and Co. has implied apprehension that they surely won't be here just to give advice, but the goal was something else. We should keep a close eye on the emerging economic situation and be aware of our surroundings.
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...By Advocate Afshan Saleem
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