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Israel-Palestine-Jordan
Palestinian finances on the brink of ruin
2019-06-19
Their choice. All they have to do is stop providing pensions to terrorists and teaching their children vicious lies, and all would be forgiven. But they refuse to walk away from the opium of hatred.
[Al Jazeera] Paleostinian finances are on the brink of ruin after the suspension of hundreds of millions of dollars of United States aid, the governor of the Paleostine Monetary Authority (PMA) said on Tuesday.

The mounting financial pressures on the Paleostinians' self-ruling entity have sent its debt soaring to $3bn and led to a severe contraction in its estimated $13bn economy for the first time in years, PMA head Azzam Shawwa told Rooters news agency.

"We are now going through a critical point," Shawwa said with respect to Paleostinian President the ineffectual Mahmoud Abbas
... a graduate of the prestigious unaccredited Patrice Lumumba University in Moscow with a doctorate in Holocaust Denial...
's Western-backed Paleostinian Authority (PA), which exercises limited self-government in the occupied West Bank.

"What's next, we don't know. How we are going to pay salaries next month? How are we going to finance our obligations? How will daily life continue without liquidity in the hands of people?" asked the head of the PMA, which is the Paleostinians' equivalent of a central bank.

"I don't know where we are heading. This uncertainty makes it difficult to plan for tomorrow," Shawwa said during a visit to neighbouring Jordan.
"But at least we still got out Joooo-Hate!"
The steep cuts in US aid over the past year were widely seen as an attempt to pressure the PA to return to the negotiating table after it cut off political dealings with the administration of US President Donald Trump
...Oh, noze!...
in 2017.

That move followed Trump's decision to recognise Jerusalem as the capital of Israel, and to move the US embassy to the city despite its internationally disputed status, reversing decades of US policy and practice.

The White House wants the Paleostinians to engage with a long-delayed Middle East peace plan drawn up by Trump's son-in-law, Jared Kushner.

The plan's economic component is due to be unveiled at a conference in Bahrain next week, which the Paleostinians are boycotting, citing pro-Israel bias by Washington.
Posted by:Fred

#2  
Posted by: g(r)omgoru   2019-06-19 07:55  

#1  Caliphornia, too. Still.
Posted by: Bobby   2019-06-19 07:49  

00:00