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What could happen if Israel severs banking ties with the Palestinian economy

What could happen if Israel severs banking ties with the Palestinian economy

Released Tuesday, 28th May 2024
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What could happen if Israel severs banking ties with the Palestinian economy

What could happen if Israel severs banking ties with the Palestinian economy

What could happen if Israel severs banking ties with the Palestinian economy

What could happen if Israel severs banking ties with the Palestinian economy

Tuesday, 28th May 2024
Good episode? Give it some love!
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Commercial Israeli banks process transactions with Palestinian banks — about $10 billion in trade per year, and paychecks for tens of thousands of Palestinians with jobs in Israel. Normally, the government protects them legally if any funding finds its way into terrorists’ hands. Israeli finance minister Bezalel Smotrich recently threatened to end these waivers. In this episode, what could happen to the Palestinian economy if he follows through? Plus, what’s included in “cost of living” indexes, why consumer confidence is rising, and are we in a climate change housing bubble?

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