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Israel-Palestine-Jordan | ||||
Gaza's economy on verge of collapse | ||||
2007-07-19 | ||||
Gaza's economy could collapse within weeks unless Israel reopens crucial commercial trade crossings, UN officials and Gazan businessmen warned Wednesday.
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.
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 |
#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 |
#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 |
#20 I must admit, I'm surprised. I thought it had collapsed long ago. |
Posted by: The Doctor 2007-07-19 13:47 |
#19 I must admit, I'm surprised. I thought it had collapsed long ago. |
Posted by: The Doctor 2007-07-19 13:47 |
#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 |
#17 Coming up next: "Humanitarian Crisis"... |
Posted by: tu3031 2007-07-19 12:29 |
#16 Hurry up and collapse, then. Stop whining about stuff you brought on yourselves. |
Posted by: mojo 2007-07-19 10:52 |
#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 |
#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 |
#13 Oooops. Matt. Matt. |
Posted by: gromgoru 2007-07-19 09:25 |
#12 What Mark K. said. |
Posted by: gromgoru 2007-07-19 09:24 |
#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 2007-07-19 09:24 |
#10 Economy in the dumper? Who's fault is that? |
Posted by: JohnQC 2007-07-19 09:05 |
#9 Alt-F4 on the Rantburg Headline Generator® keyboard. |
Posted by: Seafarious 2007-07-19 08:55 |
#8 Talk about a standing headline... |
Posted by: Raj 2007-07-19 08:07 |
#7 Promises, promises, always with the promises! |
Posted by: Sgt. Mom 2007-07-19 06:58 |
#6 But there is no lack of money for bombing Israel. |
Posted by: JFM 2007-07-19 01:27 |
#5 The sooner they resort to cannibalism, the better... |
Posted by: Matt K. 2007-07-19 01:21 |
#4 who knew they had an economy? |
Posted by: AT 2007-07-19 01:21 |
#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 |
#2 They say that as if its a bad thing..... |
Posted by: CrazyFool 2007-07-19 00:41 |
#1 Gaza's economy on verge of collapse [push] |
Posted by: Zenster 2007-07-19 00:10 |