Elder Of Ziyon - Israel News: economic peace

Showing posts with label economic peace. Show all posts

Thursday, August 10, 2023

The new wave of terror may be hurting the Palestinian economy

The Palestinian Central Bureau of Statistics published its labor report for the second quarter, and it shows that the number of Palestinians working in Israel and the settlements increased to 164,000 from 153,000 in the first quarter.

However, this is not the highest number for Palestinians working for Israelis. It reversed a year-long trend of fewer Palestinians working for Israelis.

In the second quarter last year, some 211,000 Palestinians worked for Israelis - 182,000 in the Green Line and 29,000 in the settlements. That number decreased by 13,000 between the second and third quarters.

A drop from 211,000 to 153,000 in less than a year is a dramatic change, before the modest rebound this quarter.

The Israeli GDP has continued to steadily increase during this time period so this drop doesn't seem to be a reflection of more general economic trends.

It seems likely that as terror attacks increased over the past 18 months that Israeli employers are getting more skittish about hiring Palestinians, worried that some workers might go on a murder spree.

Obviously, only a tiny percentage of Palestinian workers are potential terrorists. But there have been enough incidents of Palestinian workers in Israel who either instigated or facilitated terror attacks in Israel to make Israeli employers think twice before hiring.

Given that Israeli employers pay far higher salaries than Palestinian employers - this quarter the average daily wage increased to NIS 289, far more than double the Palestinian average - the "heroic Palestinian youth" of Jenin and Nablus appear to be making the lives of ordinary Palestinians worse.

But there are no true brave Palestinian who are willing to say that out loud.

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Palestinian PM tells businesspeople: "Invest in us, because our economy will be great when we kick Israel out!"

Palestinian prime minister Mohamed Shtayyeh spoke at an investment conference he set up, with about 45 Jordanian potential investors in attendance. It was at the Fourth Economic Empowerment Conference in Hebron.

His pitch was a little unconventional.

Usually, when speaking to foreign audiences, he emphasizes how difficult things are and how all of the Palestinian Authority problems are coming from Israel. He says how helpless they are and how they need more foreign aid because all of their money is being stolen by Israel. In other words, his usual message is one of pure victimhood and helplessness.

But to this audience, suddenly the Palestinian territories are a fertile ground for investment and a sure thing to make money.

"Despite the occupation and the challenges it poses, Palestine is full of promising investment opportunities in various commercial and industrial sectors, and it deserves a visit, solidarity and strengthening the steadfastness of its people, and it is an appropriate and feasible place for investment because it achieves a meaningful return for investors."

See? Things are great economically! It just depends on the audience!

The "moderate" PM then spoke about the supreme importance of "resistance." He continued, "For us, the government's strategy is based on several components, on top of which is strengthening the steadfastness of the resistance. This occupation cannot disappear unless it becomes costly, and when we succeed in the economy and promote it, the occupation becomes costly, and when the Arab countries embrace Palestine, the occupation becomes costly."

Just yesterday, the PA government rejected Israel's offer to help them out economically, if they would just reject funding terrorist families and stop inciting violence against Jews. That was not a good enough deal for the PA.

I wonder what the investors think about investing in a government that prefers antisemitism and terror to helping its own people.

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Arab media painting "land bridge" idea between the Gulf and Haifa in antisemitic terms

Last week, YNet reported:

Jerusalem and Washington are advancing a secret plan to establish a continuous land bridge connecting the United Arab Emirates, Saudi Arabia, Jordan and Israel, leading from the Persian Gulf straight to Israel's seaports. This is intended for the export of goods from the East to Europe through Israel, and later for tourist movement as well.

The land bridge will enable trucks to transport goods while significantly reducing transportation costs and time compared to the current situation.

According to a study conducted by the Foreign Ministry and the U.S. government, the time reduction is estimated to be from two to three days to several weeks, and saving up to 20% in shipping costs.

Currently, trucks leaving the United Arab Emirates reach the port of Haifa via the Allenby Bridge but face bureaucratic procedures, including driver changes, paperwork and lengthy waiting times. Another expensive option for shipping goods is via ships through the Suez Canal and then to European ports, which is also costly.

The idea is to enable the arrival of a single truck and driver from Dubai to the port of Haifa, for example, without changing drivers and trucks at border crossings between countries. The Israeli Foreign Ministry presented the plan to the U.S. special envoy Amos Hochstein.

According to senior Israeli officials, the Americans were enthusiastic about the plan and began promoting it with the involved countries: the United Arab Emirates, Saudi Arabia and Jordan.

Sounds like a win-win-win. As long as proper security measures are in place, the idea of cutting shipping times from weeks to days between the Gulf and Europe will benefit everyone, and help solidify peace in the region.

So the usual haters are starting their campaign against it. And their major reason to oppose it is....classic antisemitism.

Rai al-Youm, a site run by known antisemite and terror supporter Abdel Bari Atwan, describes this plan as a nefarious plan for Jews to take over the economy of the Gulf. It headlines the story, "Israel's plan to control the wealth of the East."

Their illustration:

The article concludes that "It goes without saying that if the aforementioned plan succeeds, the entity will enjoy Arab money for free." The comments go on from there with various Jewish plots to take over the UAE and Bahrain.

It will be most enlightening to follow this plan. The economics and US enthusiasm may convince the Saudis to go along with it even without an official agreement between them and Israel. Assuming that they are on board, there is no reasonable objection to this plan except pure hate of Jews.

But if history is a guide, the "progressives" who are the bulk of modern antisemites in the West will work overtime to come up with reasons to oppose this plan that will sound reasonable to those who share their latent antisemitism. We will see objections based on "human rights" even though there is no human rights issue here. They will craft convoluted essays opposing it that will first be published in Al Jazeera, then sharpened and focused to be acceptable to The Nation, and then crafted further to be in the New York Times op-ed page.

But as the first knee-jerk reaction in Rai al-Youm shows, the real reason is hate of Jews, and the other excuses that follow will have only one purpose: to hide the nakedly antisemitic intent of that opposition.

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Percentage of Israeli Arab women with academic degrees doubles, number with jobs jumps too

More indication of how absurd the "apartheid" libel is. From Globes:

According to the Labor Market Report for 2022 released today by the Ministry of Labor, Social Affairs and Social Services, over a decade, there has been a dramatic rise in the number of Arab women acquiring higher education, which has translated into greater participation in the labor market.

In 2020, the report states, a quarter of Arab women aged 30-34 held academic degrees, double the proportion in 2010, when just 13% of Arab women in this age group held degrees. In the 29-31 age group, the proportion of those with degrees reached 27% in 2020.

The figures are in line with those of the Council for Higher Education in Israel, which also show a substantial rise in the number of female Arab students. The proportion of women among Arabs studying for a first degree has remained steady in recent years at about 69%, but the proportion of Arabs in the undergraduate student body as a whole has risen from 16% in 2014 to 20% today, almost the same as their proportion in Israel’s population.

There is a correlation between higher education, participation in the workforce, and level of pay for those in work. People with academic degrees are found to earn more than those without, even after control for variables such as occupation, industry, gender, ethnic group, and location. ...

The general level of participation in the workforce by Arab women, which historically has been very low in comparison with women in other sections of the population, has also risen significantly. According to the Labor Market Report, in 2014, the rate of participation in the workforce by Arab women was just 33%....By 2022, the rate of participation among Arab women jumped to 42%.

This is a direct result from increased investment by the government into the Arab sector, a story that hardly gets any coverage in world media.

Needless to say, this is the diametric opposite of what one would expect to see in an apartheid regime. So you will never read about this in Amnesty or HRW reports, because when their lies are contradicted by facts, they try to bury the facts.

(h/t Yoel)

Buy the EoZ book, PROTOCOLS: Exposing Modern Antisemitism today at Amazon!

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Palestinians complain that Israel halted furniture exports from Gaza. They won't mention the reason.

On May 5, Middle East Monitor reported:

Israeli authorities yesterday banned the export of furniture products from the occupied Gaza Strip.

The economic ministry said in a statement that the Israeli move aimed at "inflicting more losses on the enclave's industries that have been suffering due to the blockade."

The ministry called on the international community "to pressure Israel to allow freedom of import and export without restrictions so that the different industries in Gaza can prosper and overcome challenges resulted from the blockade."

So according to Gaza authorities, Israel just decided to stop furniture exports to punish them for no reason. And Arabic media also complains about the ban, which continued into June, asking the international community to pressure Israel to resume the exports and stop its arbitrary punishment of a specific industry.

But there was a reason.

On May 3, Israeli authorities foiled an attempt to smuggle guns, silencers and cartridges of bullets from Gaza to terrorists in the West Bank - inside furniture.

So now, Israeli authorities must update their procedures to ensure that future attempts to smuggle weapons in furniture are not successful.

Notice that the weapons appear to have been deliberately hidden in metal components, not only wood, so standard X-ray scanning might not catch them.

It will take time to come up with a solution that would catch any attempts to export weapons inside items like furniture.

Yet there is no anger for the would-be weapons smugglers, whose decision hurts all furniture manufacturers in Gaza. On the contrary, "human rights" NGOs are saying that Israeli attempts to stop weapons exports from Gaza is "collective punishment" - after all, it isn't a big deal when Jews get shot by West Bank terrorists, right?

Murdering Jews is not a violation of human rights - but a temporary ban on furniture exports is. And Israel is expected to tolerate its citizens being murdered under the pretext of "human rights."

Buy the EoZ book, PROTOCOLS: Exposing Modern Antisemitism today at Amazon!

Or order from your favorite bookseller, using ISBN 9798985708424.

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Is it wise for Israel to allow development of the Gaza gas field?

On Sunday, the Israeli Prime Minister's office issued a brief statement:

In the framework of the existing efforts between the State of Israel, Egypt and the Palestinian Authority (PA), with emphasis on Palestinian economic development and maintaining security stability in the region, it has been decided to develop the Gaza Marine gas field off the coast of Gaza.

Implementing the project is subject to coordination between the security services and direct dialogue with Egypt, in coordination with the PA, and the completion of inter-ministerial staff work led by the National Security Council, in order to maintain the security and diplomatic interests of the State of Israel on the matter.

This is very vague.

In the past, Israel has tied the development of the field off the Gaza coast to returning the Israeli hostages and recovering the bodies of Israeli soldiers still held by Hamas.

But it looks like Netanyahu is dropping that condition and playing some word games:

An unnamed Israeli official at the prime minister’s office told Ynet on Sunday that all of the security agencies recommended the government approve the project. The same agencies had also approved the resolution of the maritime border dispute with Lebanon in November 2022, but Netanyahu rejected the recommendation, and the agreement with Lebanon was reached under the previous Bennett-Lapid government.
“The issue of the [Israeli] prisoners and missing people was and still is a condition for the development of infrastructure in Gaza. In this case [of the Marine field], we are not talking about Gaza infrastructure, but rather about an agreement with the PA and with Egypt," said the official.

Hamas has been pretty much maintaining calm in Gaza since Israel has allowed thousands of Gazans to work in Israel. It seems like Netanyahu (and Israel's security agencies) are looking at Gaza Marine as a means to make life easier for Gazans but Israel could theoretically turn the spigot off in case Hamas decides to resume hostilities.

If that is the logic, there are a couple of flaws. One is that if there is a direct line of natural gas from the field to Gaza, Israel could not turn it off, because that would look clearly like collective punishment.

The real fear is that the revenues would help fund more Hamas weapons and attacks. This will undoubtedly happen. Is that certainty worth the possibility/probability that Hamas will keep Gaza quiet?

Which brings up the other problem. While Hamas might be quieter in Gaza, they are active in the West Bank and taking credit for terror attacks. When Abbas is gone, while there is infighting within Fatah to replace him, Hamas is planning to take advantage of the chaos to make its own bid for controlling the West Bank. And the Gaza money will be critical to that plan succeeding.

Beyond that, what's wrong with leveraging Gaza Marine to get the hostages back? Why give up a concession and get nothing in return? Why not publicly tell the world, "We are happy to allow Gaza gas to be exported as soon as our boys come home?" Europe needs to replace Russian gas, which is why this has become a hot issue over the past year again. Why not give them a reason to pressure Hamas?

I hope Bibi knows what he is doing, and that there will be appropriate guardrails on this effort.

Buy the EoZ book, PROTOCOLS: Exposing Modern Antisemitism today at Amazon!

Or order from your favorite bookseller, using ISBN 9798985708424.

Read all about it here!

Imagine if Israel boycotted Palestinian products

The Palestinian Central Bureau of Statistics announced that in March 2023, the Palestinians exported goods worth nearly $150 million.

87% of those goods went to Israel.

In contrast, "only" 54% of Palestinian imports come from Israel; that used to be much higher.

Now, let's imagine if Israel did what the BDS movement wants to see - and shut off all imports and exports to the territories.

The impact on Israelis would be minimal, since Palestinian trade accounts for less than 1% of all Israeli imports and exports.

The impact on the Palestinians would be immediate and drastic.

Which proves yet again that the BDSers don't care about Palestinian welfare. They are willing to fight Israel down to the last Palestinian, and that includes forcing them into poverty - while they themselves use Israeli products and technologies every hour of every day.

Buy the EoZ book, PROTOCOLS: Exposing Modern Antisemitism today at Amazon!

Or order from your favorite bookseller, using ISBN 9798985708424.

Read all about it here!