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Palestinian Economy

All articles tagged with #palestinian economy

world6 days ago•2 min saved

World Leaders Urge End to West Bank Settlement Expansion and Recommit to Two-State Peace

A joint statement by leaders from the UK, France, Germany, Italy, Canada, Australia, New Zealand, Norway and the Netherlands condemns the deterioration in the West Bank, denounces settlement expansion as a breach of international law (notably the E1 plan), calls for accountability for settler violence and a lifting of Palestinian Authority financial restrictions, and reiterates commitment to a negotiated two-state solution with secure, recognized borders and status quo protections for Jerusalem.

via GOV.UK|

#international-law #palestinian-economy #settlements

conflicteconomy2 years ago•3 min saved

Gaza and West Bank Economy Plunges as Poverty Soars Amidst Ongoing Conflict

A new report by the United Nations Development Programme (UNDP) warns that Israel's war on Hamas has severely impacted the Palestinian economy in Gaza and the West Bank, setting it back more than a decade. The conflict has led to a rise in poverty, displacement of people, and a humanitarian crisis. Key economic indicators such as employment rates and GDP have plummeted, with a projected loss of $857 million in GDP after one month of war. The report predicts an 11 to 16-year setback in human development across the region, and if the fighting continues, the setback could be as much as 19 years.

via CNN|

#conflicteconomy #gaza #palestinian-economy