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2007-07-19 Israel-Palestine-Jordan
Gaza's economy on verge of collapse
Gaza's economy could collapse within weeks unless Israel reopens crucial commercial trade crossings, UN officials and Gazan businessmen warned Wednesday.
Those'd be the ones Hamas has threatened to shoot up, huh?
More than 68,000 workers have lost their jobs since Gaza's borders were closed in mid-June, following fierce factional battles in which Hamas expelled the forces of the rival Fatah faction, said Nasser el-Helu, a prominent Gaza businessman.
My heart bleeds. [Urp!]
The closings added to the already high unemployment rate in the narrow coastal strip. Israeli officials say they cannot open the main commercial crossing point at Karni, citing security concerns, though they have promised to maintain the flow of humanitarian aid into Gaza.

In recent weeks, some border points were opened to transfer humanitarian supplies. But no industrial material has entered Gaza, bringing construction activity and manufacturing to a halt, including $93 million (€67.5 million) worth of UN-funded projects employing 121,000 people, according to the United Nations. More than 70 percent of Gaza's factories have stopped production, says Gisha, an Israeli human rights group.

The appeal came a day before the so-called Quartet of Mideast mediators, the US, the UN, the European Union and Russia, meet in Portugal with their newly appointed emissary, former British Prime Minister Tony Blair. "We are asking them (the Quartet) to take consideration of what is happening here. They must take political decisions to open all the crossings, and then the operational solutions will be found," said John Ging, director of the United Nations Relief Works Agency in Gaza.

The UN provides food aid to 80% of Gaza's 1.4 million people.
The UN provides food aid to 80% of Gaza's 1.4 million people.
Let them eat ethanol.
"Please lift the siege of Gaza," el-Helu said. "Mr. Blair, the siege is destroying our economy, our community."

El-Helu said Israeli business partners had begun canceling contracts because Palestinian factories were unable to meet deadlines. He said if the borders remained closed, Gaza's economy would collapse "in one or two weeks maximum."
Posted by Fred 2007-07-19 00:00|| || Front Page|| [11132 views ]  Top
 File under: Hamas 

#1 Gaza's economy on verge of collapse

[push]
Posted by Zenster">Zenster  2007-07-19 00:10||   2007-07-19 00:10|| Front Page Top

#2 They say that as if its a bad thing.....
Posted by CrazyFool 2007-07-19 00:41||   2007-07-19 00:41|| Front Page Top

#3 When the collapse happens, it will be hard to tell. It will be like inspecting a modern art painting for damage. How would one tell?
Posted by Super Hose 2007-07-19 01:03||   2007-07-19 01:03|| Front Page Top

#4 who knew they had an economy?
Posted by AT 2007-07-19 01:21||   2007-07-19 01:21|| Front Page Top

#5 The sooner they resort to cannibalism, the better...
Posted by Matt K. 2007-07-19 01:21||   2007-07-19 01:21|| Front Page Top

#6 But there is no lack of money for bombing Israel.
Posted by JFM">JFM  2007-07-19 01:27||   2007-07-19 01:27|| Front Page Top

#7 Promises, promises, always with the promises!
Posted by Sgt. Mom 2007-07-19 06:58|| www.celiahayes.com]">[www.celiahayes.com]  2007-07-19 06:58|| Front Page Top

#8 Talk about a standing headline...
Posted by Raj 2007-07-19 08:07||   2007-07-19 08:07|| Front Page Top

#9 Alt-F4 on the Rantburg Headline Generator® keyboard.
Posted by Seafarious">Seafarious  2007-07-19 08:55||   2007-07-19 08:55|| Front Page Top

#10 Economy in the dumper? Who's fault is that?
Posted by JohnQC 2007-07-19 09:05||   2007-07-19 09:05|| Front Page Top

#11 You guys could rebuild the greenhouses. Grow food, support yourselves...

But we know you won't because all you want to do is kill the eeeevil joooooos.

You won Gaza, now you can eat it.
Posted by DarthVader">DarthVader  2007-07-19 09:24||   2007-07-19 09:24|| Front Page Top

#12 What Mark K. said.
Posted by gromgoru 2007-07-19 09:24||   2007-07-19 09:24|| Front Page Top

#13 Oooops. Matt. Matt.
Posted by gromgoru 2007-07-19 09:25||   2007-07-19 09:25|| Front Page Top

#14 I read the headline and thought they were finally running out of tunnels to Egypt and bullets.
Posted by Charles 2007-07-19 10:35||   2007-07-19 10:35|| Front Page Top

#15 No $$$ = No $$$ 4 Rockets

Terrorism Math 101 M-F, 1000-1200
Prof Cyber Sarge
PRQS IQ Above 60
Posted by Cyber Sarge 2007-07-19 10:49||   2007-07-19 10:49|| Front Page Top

#16 Hurry up and collapse, then. Stop whining about stuff you brought on yourselves.
Posted by mojo">mojo  2007-07-19 10:52||   2007-07-19 10:52|| Front Page Top

#17 Coming up next: "Humanitarian Crisis"...
Posted by tu3031 2007-07-19 12:29||   2007-07-19 12:29|| Front Page Top

#18 More than 70 percent of Gaza's factories have stopped production, says Gisha, an Israeli human rights group.

It's been a while since I took statistics, but 70% of zero is still zero, right? Or do the Paleos count bomb-making places as "factories"? I mean, some assembly is required, ya know!

Now, if only the U.N. would get a huge dose of this cause-meets-effect thingy, we'd be all set!
Posted by BA 2007-07-19 12:41||   2007-07-19 12:41|| Front Page Top

#19 I must admit, I'm surprised.

I thought it had collapsed long ago.
Posted by The Doctor 2007-07-19 13:47||   2007-07-19 13:47|| Front Page Top

#20 I must admit, I'm surprised.

I thought it had collapsed long ago.
Posted by The Doctor 2007-07-19 13:47||   2007-07-19 13:47|| Front Page Top

#21 I've never heard of a pile of rubble collapsing. Does this phenomenon only happen in Gaza?
Posted by Bob  2007-07-19 15:36||   2007-07-19 15:36|| Front Page Top

#22 It amazes me that these Palestinian parasites claim to want to be an independent state yet cannot function without UN(US) and Israeli aid. As for construction ceasing, who is it that packs explosives into water heaters, weapons into pipe, and missiles in loads of cement?
Posted by Danielle 2007-07-19 15:53||   2007-07-19 15:53|| Front Page Top

09:43 Mullah Richard
09:27 Warthog
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