Uncensored News from Israel » economy

World Bank: Israel is responsible for weak Palestinian economy

admin — Wed, 17 Sep 2008 17:08:55 +0000

Of course, and also for the WTC bombing and Lehman Brothers failure. Since 1948, Palestinian economy enjoys the fastest growth of all non-oil Arab economies because it parasitizes on Israel. In the Arab world, 99% of exports and a comparable proportion of GDP is oil-related.
After destroying the Latin American economies with its recommendations, the World Bank would do well to be more thoughtful. Perhaps there is something wrong with Arabs rather than Jews?

Hamas shows Israel a labor option

admin — Wed, 27 Aug 2008 17:25:02 +0000

When Fatah-affiliated teachers’ union in Gaza went on strike, Hamas announced a lockout and replaced them when its own loyalists.
Next time when Israeli teachers go on one of their regular strikes, the Hamas example should be considered.

Egyptians discover 20 tunnels into Gaza

admin — Thu, 07 Aug 2008 19:32:47 +0000

In a clear sign of economic progress, Palestinians were building a half-mile-long pipeline to transport fuel into Gaza.
Their ingenuity and labor are truly admirable. About one hundred tunnels operate in Gaza, with new ones coming up daily. Smugglers use them extensively for anything from cigarettes to weapons, and the going rate for smuggling is $100 per box of anything.

Egyptians intercept 1000 lbs of hashish near Gaza

admin — Tue, 05 Aug 2008 18:17:20 +0000

The UN sheds tears over the extreme poverty in Gaza, but its population is apparently solvent enough to consume massive quantities of drugs.

Palestinians blame donors for budget deficit

admin — Tue, 29 Jul 2008 15:05:36 +0000

Fatah gangster Fayad, other officials lashed out against donor countries for their failure to subsidize the Palestinian Authority. That “failure” led to Palestinian budget deficit of $2 billion. It doesn’t occur to Palestinians that budget deficit cannot be donors’ fault, but is the result of their own abysmal productivity and irresponsible spending. 5% of Palestinians are employed by their government as security men. Astonishingly for Fatah thugs, Arab donor countries demand more transparent accounting and reconciliation with Hamas. Israel is the only donor who pays Fatah on time with “tax transfers.”
Palestine receives more foreign aid than Israel.

Fake figures from Palestine

admin — Thu, 26 Jun 2008 21:22:36 +0000

Palestinian Bureau of Statistics published poverty rate as 80% in Gaza and 48% in the West Bank. Never mind that in the Palestinian black market economy, statistics inherently is a genre of fiction.
The word “poverty” means income substantially below the average or normal for the particular society. By definition, poverty rate is always small.

It pays to be terrorists

admin — Tue, 10 Jun 2008 17:52:30 +0000

Israel made $54 million of “tax transfers” to the Fatah gang for May. Palestinian terrorists complain they are entitled to $20 million more.

Arabs pollute our seas

admin — Fri, 02 May 2008 12:45:49 +0000

Gazans have dumped 17 million gallons of sewage into Mediterranean in the last 3 months. Though the Arabs claim this as the result of Israeli blockade, comparable dumping was taking place for the years.

Fayad: Gazans don’t seek work

admin — Sat, 05 Apr 2008 21:25:39 +0000

Palestinian “prime minister” means they live comfortably on the UN handouts, foreign aid, and Israeli tax transfers duly transferred to Gaza by Fatah government.

Poor, poor Gazans

admin — Mon, 28 Jan 2008 18:17:23 +0000

spent at least $300 million in the Egyptian-occupied Sinai during the last week when they breached Egypt-Gaza border.

$7.4 billion aid will reach Gaza

admin — Tue, 18 Dec 2007 21:21:31 +0000

Fayad promised to deliver to Gaza some of the aid international community pledged to Palestinian Authority. Hamas called insufficient aid sharing a declaration of war.

55,000 Gazans receive money from Israel

admin — Thu, 05 Jul 2007 00:34:54 +0000

Palestine’s government employees in Gaza received salaries from the $110 million paid by Israel to Fatah. Rewarding Hamas voters and employees, Israeli government ignores a question: how did they work for 15 months without receiving salaries? Palestine is flushed with cash from Muslim governments and laborers’ payments for illegal work in Israel.

Israeli blockade of Gaza works

admin — Thu, 05 Jul 2007 00:34:26 +0000

Human rights organizations claim 85% of Gazans receive the UN food aid (an inflated number) and three-quarters of factories are closed (Legal Center for Freedom of Movement). The next time the Gazans will go to polling booths, they might think better.

Israel helps Arab animals

admin — Thu, 28 Jun 2007 08:37:31 +0000

Israel’s Foreign Ministry announced that the Jewish state sent 733 tons of animal fodder to Gaza - free. Shelling of Israel from Gaza continues.

Shalit kidnapper’s family receives its 38 pieces of silver

admin — Mon, 11 Jun 2007 05:53:32 +0000

Israeli killed Farawneh, one of the kidnappers, soon after the event. Palestinian Authority pays his family 38 shekels per month, or about $10. Other families of Palestinian martyrs also receive pensions from Palestinian government. Palestinian pensions are largely funded by Israeli tax transfers.

Israel will pay the Hamas government

admin — Sun, 03 Jun 2007 23:15:57 +0000

Bowing down to the Quartet’s pressure, Israel agrees to release unspecified amount of tax revenues she collects for the Palestinian authority. $100 million released earlier this year were misused by the Palestinians, much went to Hamas programs and employees.
Israel would do well by using the “Palestinian” money to pay for reinforcing Sderot. Paying an enemy country which refuses to sign peace treaty and consistently engages in hostile acts, is without precedent in the modern world history.

Hamas observes Arab embargo against Israel

admin — Sat, 26 May 2007 09:37:00 +0000

Hamas threatens to block British Gas deal with Israel. Israel wants to buy billions dollars worth of gas from BG’s offshore gas field near Gaza which Barak has transferred to Arafat.

Per-capita aid to Palestine is the world’s largest

admin — Sat, 19 May 2007 11:19:37 +0000

Foreign aid to Palestine increased to $900 mil in 2006 from $349 mil in 2005 despite boycott. Despite the state of war and rocket barrages from Gaza, Israel continues to collect tax payments on behalf of Palestinian Authority.

World Bank accuses Israel of harming Palestinian economy

admin — Wed, 09 May 2007 14:38:34 +0000

Echoing the ludicrous Dayton’s recommendations, the World Bank criticizes Israeli roadblocks and restrictions on terrorists’ movement between Gaza and Judea/Samaria.
Under the oppressive Israeli rule, Palestinians posted the highest non-oil economic growth rates among the Arab nations. The oppressed Palestinians have one of the world’s highest population growth rates. Palestinian economy is entirely dependent upon selling tax-free produce and labor in Israel. The World Bank remains silent about Western countries that close their borders to migrant workers and oppose price dumping. Israel restricted influx of Palestinian workers after the terrorists became too many.

80,000 Palestinians protest against Hamas,

admin — Sat, 05 May 2007 07:13:11 +0000

strike over not receiving their salaries on time. No Palestinian group has ever protested Hamas or PLO attacks on Israel.

Abu Mazen pleads with Greece to end embargo on Palestine

admin — Mon, 23 Apr 2007 09:19:06 +0000

No embargo was ever imposed on Palestinian trade. US and EU briefly ceased aid to Palestine after the democratic elections brought Hamas to power. Palestine receives more aid compared to its GDP than any other country.

World Bank: Palestinian economy must parasitize on Israel

admin — Mon, 16 Apr 2007 03:50:07 +0000

Israeli trade restrictions cripple Palestinian economy. Arab workers lack access to higher-wage Israeli labor market. Israel must not hinder free movement of Palestinians between Gaza and Judea/ Samaria.