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Israel-Palestine-Jordan
Gaza's economy shrinks as crossings remain closed
2007-08-15
Eighty percent of Palestinians living in the Gaza Strip think their economic situation has deteriorated since the militant Hamas movement took over the area two months ago, according to a poll released Tuesday.

The survey of 400 people by the Near East Consulting firm also found that 70 percent of Gazans live in poverty, pollster Jamil Rabah said. The poverty level in Gaza is 2,000 shekels a month for a family of two adults and four children, he said. "All indicators show that there is a lack of investment and people are less likely to spend money," Rabah said. "Economic activity will deteriorate further."

There were no comparative figures predating the takeover because previous polls related to both Gaza and the West Bank. Rival governments emerged in the two Palestinian areas after Hamas wrested control of Gaza from Fatah security forces in mid-June.
Posted by:Fred

#7  Nothing shrinks?
Posted by: 3dc   2007-08-15 12:28  

#6  couldn't happen to a nicer bunch of folks. Ah well, lunch time.
Posted by: BA   2007-08-15 10:56  

#5  Awwww... that's a shame.
Oh, well. Coffee time.
Posted by: tu3031   2007-08-15 08:51  

#4  Heck, the EU will probably bail them out. And I'm sure our State Dept. is arguing for it, too.
Posted by: Gary and the Samoyeds   2007-08-15 08:48  

#3  I'm sure UN will bail you out.
Posted by: gromgoru   2007-08-15 07:25  

#2  Here comes the refugees.
Posted by: McZoid   2007-08-15 02:55  

#1  Perhaps Israel could help by buying more sand from them at 10 shekels per pickup load.
Posted by: gorb   2007-08-15 01:32  

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