#GazaUnderAttack | Touring the devastated industrial zones of Gaza – in Photos

Ma’an News Agency |  (updated) 17/08/2014 22:32 A Palestinian child carries a ball and bird cage as he walks on the rubble of a building close to the Rafah refugee camp, in southern Gaza Strip, on August 4, 2014. (AFP Mahmud Hams) By Martin Lejeune   On the night of the July 27, the first […]

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#GazaUnderAttack | Rights NGO: Israel destroyed 250 economic facilities in Gaza in 25 days

MEMO | Friday, 01 August 2014 10:38 Israel has destroyed 250 economic facilities during its war on the Gaza Strip, a human rights organisation told Anadolu news agency.Speaking to the news agency, Rami Abdo, the director of the Euro-Mediterranean Observatory for Human Rights, said that the Observatory’s teams in the Gaza Strip had monitored the […]

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#GazaUnderAttack | Gaza agriculture losses during the Israeli aggression hit $24 million

[ PIC 19/07/2014 – 10:27 AM ] GAZA, (PIC)– Palestinian Ministry of Agriculture announced that the agricultural sector’s losses hit more than $24 million due to the Israeli aggression on the Gaza Strip. In its preliminary report, the ministry pointed out that the occupation has deliberately targeted the agricultural lands and facilities, which led to […]

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VIDEO | Hamas: Egypt’s closure of tunnels causing $230mn in monthly losses

Published on Oct 28, 2013 A Hamas official says the closure of Gaza tunnels by the Egyptian army is inflicting heavy losses on the Israeli-besieged enclave. Deputy Economy Minister Hatem Oweida said the losses from tunnel closures on industry, commerce, agriculture, transport and construction sectors amount to around 230 million dollars each month. The official […]

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Gaza: 10 thousand workers join the ranks of unemployed

[ PIC 14/10/2013 – 10:11 AM ] GAZA, (PIC)– The Palestinian government in the Gaza Strip declared that 10 thousand workers join the ranks of unemployed after preventing the entry of construction materials through the underground tunnels along the Egyptian border. The Director of Public Relations Nabil al-Mabhouh said that 10 thousand workers in the […]

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Keep shaking hands Abbas while Israel rips off an arm: PA loses $300m annually due to agreements with Israel

[ PIC 05/10/2013 – 02:55 PM ] GENEVA, (PIC)– The occupied Palestinian territory (OPT) loses, by preliminary estimates, some US$300 million annually in “leakage” of customs, purchase and value-added taxes which are not transferred to the Palestinian treasury by Israel, UNCTAD’s Report on Assistance to the Palestinian People says. The recently released report said, “UNCTAD’s […]

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“Occupation-Industry”: Israel earns $620m pa from occupation of Jordan Valley

Middle East Monitor | Sept 23, 2013 Israel’s illegal occupation of the Jordan Valley is worth $620 million per annum to the national economy. The figure was disclosed by Palestinian Chief Negotiator Saeb Erekat, who pointed out that this is only possible because the Israelis have uprooted the land’s Palestinian owners for “security” reasons to […]

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Khudari: 100 million dollars losses of private sector in Gaza due to the siege

[ PIC 21/09/2013 – 02:01 PM ] GAZA, (PIC)– MP Jamal Khudari, head of the popular committee against the siege, said the losses caused by the disruption of the projects in Gaza due to the Israeli siege reached one hundred million dollars. Khudari stressed in a press statement on Saturday that the Israeli promises to […]

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IMF predicts “challenging” and “dim” economic future for Palestine

 Saturday September 14, 2013 00:21 by Shamus Slaunwhite – IMEMC A report released Thursday [September 12, 2013] by the International Monetary Fund (IMF) on the economic situation in the West Bank and Gaza says that worrying trends have continued despite the optimism of renewed peace negotiations. The IMF has been providing policy advice to the […]

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VIDEO | Gaza: The economy under the siege

24th August 2013 | International Solidarity Movement, Gal·la | Gaza, Occupied Palestine Khalil S. Shaheen, Head of the Economic Unit at the Palestinian Center for Human Rights, talks about the Gaza economy under the siege, how the occupation and the siege affect directly the economy, and therefore the development of the oppressed Palestinian people, denying […]

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Zionist Fox Co. Will Open a Branch in Ramallah

Kawther Salam | July 23, 2013   The israeli zionist clothes manufacturing chain “Fox Group” will open a branch in the city of Ramallah for the first time, a move against the will of the majority of Palestinians who are treated by the Palestinian Authority as a herd of goats. Jawad al-Naji, the “minister” for […]

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Al-Khudari: Gaza suffers economic suffocation

[ PIC 12/07/2013 – 11:50 AM ] GAZA, (PIC)– MP Jamal Khudari, head of the Popular Committee against the Siege, said that Gaza suffers economic suffocation due to the ongoing Israeli siege imposed since 7 years on the strip. Israel’s siege of Gaza, including its land and sea blockade, bans the entry of certain goods […]

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West Bank witnesses tension due to price hikes in month of Ramadan

[ PIC 10/07/2013 – 04:07 PM ] WEST BANK, (PIC)– The West Bank is witnessing state of tension due to the low salaries and price hikes especially with the month of Ramadan. Munther Sabha, a West Bank resident, told PIC’s correspondent that the preparations for the month of Ramadan have turned into economic burden due […]

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Lebanon’s Gas Under Threat: Israel Drilling Near Southern Fields

A member of the Israeli security forces fires tear gas towards Palestinian demonstrators during clashes following a protest against the expropriation of Palestinian land by Israel in the village of Kfar Qaddum, near Nablus in the occupied West Bank on 5 July 2013. (Photo: Jaafar Ashtiyeh) By: Hassan Chakrani | Al Akhbar | Sunday, July […]

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Confirmed by IMF: Israel tight restrictions choke Palestinian economy

IMF expects growth in Palestinian economy to slow this year to about 4.25 percent, with little progress expected in cutting unemployment. Middle East Online | July 3, 2013 Victims of Israel’s restrictions WASHINGTON – The International Monetary Fund said Wednesday that Israel’s tight restrictions hinder the growth of the Palestinian private sector, holding back the […]

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