The findings of the index point to a major deterioration in the reputation of nations engaged in military conflicts, with Israel affected the most. Israel has experienced its steepest drop in global soft power rankings, […]
By Palestine Chronicle Staff Israeli government spending on the war in 2024 has raised the national debt to 69% of GDP, with the overall debt reaching 1.33 trillion shekels. Israeli Ministry of Finance announced […]
By Palestine Chronicle Staff Israel’s war on Gaza has imposed a staggering economic toll, with costs estimated at 250 billion shekels ($67.57 billion) by the end of 2024, sparking intense debates over defense spending […]
By Palestine Chronicle Staff Ireland should “not be facilitator or accomplice” in the flow of money and arms, said independent senator Alice Mary Higgins, who attended the protest. Scores of protesters gathered outside the […]
By Palestine Chronicle Staff “In the State of Palestine poverty is projected to rise to 74.3% in 2024, up from 38.8% at the end of 2023, affecting 4.1 million people, including 2.61 million people […]
By Palestine Chronicle Staff Nearly one million Israelis have reportedly obtained foreign passports in recent years as an insurance policy in the event of a comprehensive war. There has been a significant increase in […]
“It’s tragic what’s going on. There are obviously stresses, and the real issue then is how they might interact with some still quite stretched markets in places.” The Bank of England is monitoring the escalating […]
By Palestine Chronicle Staff “We could lower the ratings on Israel in the next 24 months if the military conflicts become a bigger-than-anticipated detriment to Israel’s economic growth, fiscal position, and balance of payments.” […]
The report indicated that the situation is particularly challenging in the north of the country, where 69 per cent of high-tech companies are stationed. Forty-nine percent of Israeli high-tech companies have reported losing investments since […]
By Palestine Chronicle Staff “The conflict in Gaza could last well into 2025 and there are risks of it broadening to other fronts.” Credit ratings agency Fitch downgraded Israel’s credit rating to “A” from […]
The report from Henley & Partners evaluates the attractiveness of various governments to wealthy individuals looking to move their business away from their home country.” For the first time in several decades, Israel is no […]
By Palestine Chronicle Staff As expected, the Israeli shekel fell at the beginning of weekly trading on Monday, against the US dollar to reach 4.06 shekels to the dollar, the lowest level since December […]
The escalation of the Israel-Palestine conflict could exacerbate challenges already facing the world economy, Jamie Dimon has said. The continuing conflict between Russia and Ukraine coupled with the escalation in Gaza could have far-reaching consequences […]
The Israeli currency, the shekel has dropped significantly against the dollar, Reuters news agency reported. This is the worse such drop in the value of the shekel in years, as it is now at almost […]
“The United Nations and the World Bank estimate the losses of the Palestinian economy at about $50 billion since 2000, due to Israeli measures.” The direct losses of the Palestinian economy as a result of […]
By Ramzy Baroud Mainstream US media continues to celebrate the supposed strength of the US economy. Almost daily, headlines speak of hopeful numbers, sustainable growth, positive trends and constant gains. The reality on the […]
By Jim Miles The American Trap: My Battle to Expose America’s Secret Economic War Against the Rest of the World. Frédéric Pierucci (with Mathieu Aron). Hodder & Stoughton, London, 2020. It becomes more clear with […]
The financial situation in the Palestinian territories is “dire”, a new UN report says citing economic stagnation and persistently high unemployment. The report released on Thursday by the United Nations Special Coordinator for the Middle […]
By Jim Miles Election Non-Event Canada’s recent election proved mostly that Canadians are more or less set within their provincial agendas. The ruling Liberals gained three seats, the Conservatives stayed the same, the Bloc Québecois […]
By Jim Miles (Goliath: The 100-year War Between Monopoly Power and Democracy. Matt Stoler. Simon & Schuster, New York, 2019.) Economic history is not a truly scintillating read. However, to understand how our society is […]
Head of the General Federation of Trade Unions Sami Al-Amasi has confirmed that 20 factories were destroyed during the last offensive in Gaza, and 5,000 workers had lost their jobs. In a statement, Al-Amasi disclosed […]
A United Nations (UN) report published Thursday warns that the Palestinian Authority (PA) is facing “unprecedented” financial challenges due to loss of revenue and extreme austerity measures. The report, issued by the Special Coordinator for the […]
Israeli Minister of Agriculture Uri Ariel has ordered a stop in the import of fruits and vegetables from the occupied Palestinian territories, local media reported yesterday. Tue 18 Dec pmMinister of Agriculture, Uri Ariel, bans […]
The moment long feared is fast approaching in Gaza, according to a new report by the World Bank. After a decade-long Israeli blockade and a series of large-scale military assaults, the economy of the tiny […]
Venezuela and Palestinian leaders agreed to start a bi-national bank between the two countries to be kickstarted with 20 million Venezuelan Petros. #Venezuela | President @NicolasMaduro has signed new cooperation agreements with #Palestine, establishing the […]
International stakeholders at Pledging Conference for the Desalination Facility Project in the Gaza Strip, which convened at the European Parliament headquarters in Brussels on Tuesday, pledged a total of €456 million out of the €562.3 […]
A recent New York Times made many claims about the ‘mass rape’ of Israeli women on October 7. But two leading Palestinian media organizations, The Palestine Chronicle and Friends of Palestine Network, conducted a joint investigation, the outcome of which resulted in the ‘The Black Dress’, a groundbreaking 18-minute documentary looking into allegations and the possible falsification of evidence.
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