Article

2008-12-05 Israel-Palestine-Jordan

Short of cash, banks in Hamas-run Gaza close doors

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Posted by Steve White 2008-12-05 00:00|| || Front Page|| [1 views ] Top

#1 It's global warming.

Posted by newc">newc 2008-12-05 00:13|| 2008-12-05 00:13|| Front Page Top

#2 actually the economy is improving in the West Bank

Fatah is not particularly interested in paying salaries in Gaza because Hamas extorts fees and contributions from all the salaried workers (kind of like Chicago but with no snow and lots of mosques and guns)

Posted by mhw 2008-12-05 09:59|| 2008-12-05 09:59|| Front Page Top

#3 Next in line for a bailout?

Posted by Last Breath Farm Resident 2008-12-05 18:21|| 2008-12-05 18:21|| Front Page Top

#4 Serious thought, if the border is sealed, the cash has nowhere to go.
So either everyone is hoarding cash (Unlikely) or there's a major leak in that "Sealed" Border.

Posted by Rednek Jim 2008-12-05 19:40|| 2008-12-05 19:40|| Front Page Top

#5 With crude oil under $ 60. per barrel mischief bucks from the Magic Kingdom a bit short these days eh?

Posted by Besoeker 2008-12-05 19:41|| 2008-12-05 19:41|| Front Page Top

#6 Redneck Jim, it's a combination of currency leakage down those Rafah tunnels and inflation due to goods shortages.

Posted by phil_b 2008-12-05 19:58|| 2008-12-05 19:58|| Front Page Top

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