press tv's news and brief israel continues with its carpet bombing campaign across the visiged gaza strip now the overall death toe from the regime's war has passed 24,000. 760, more than 62 thousand others have been wounded and thousands are still under the rubble of their homes. israel confirms new military losses and the clashes with palestinian resistance fighters in the gaza strip the military says a trooper died of wounds he sustained in battle in southern gaz on wednesday. it says 191 soldiers have so far been killed in the ground invasion of gaza. mexico and chile have referred israel's

war on gaza to the international criminal court, they've expressed concern over escalating violence against palestinian civilians, especially children, that comes a of week after south africa also presented a case to the international court of justice over israel's genocide in gaza. hundreds of thousands of people have taken to the streets of yemen and jordan to voice support for palestinians, yemy protesters denounced of washington's unequivocal support for israel demonstrators and and ask their government and other arab states not to normalize their relations with israel. the iranian military has held the second day of air defense drills conducting a variety of exercises and maneuvers featured operations using air defense systems to counter electronic and cyber attacks. also drones were used to electronically disrupt radars as well as air reconnaissance systems.

as the us israely genocidal war in gaza has passed 100 days, the israel regime is trying hard to portray an image of success in the battlefield, but it has failed to do so, when it comes to the economy itself, it's also suffering due to the genocidal war, but it is becoming clear that a shortage of manpower is one of the... his challenges that it is facing amongst others, since with employees, or without them, i should say, how can it have economy? hello, welcome to economic divide. these are some of the highlights that we'll be looking at. uh, the settler violence when it comes to the occupied west bank economy is a big problem. this has impacted the economy there, cancelled work permits top of that, and of course the intensified restrictions, making things very hard. also, the palestinian authority tax revenues again being withheld by israel. for example, last

month, almost $140 million, as a result, salaries have not been paid. then, moving to another highlight of the economy, we focused on israel in terms of the multi- faceted crisis that uh, israel's economy is facing. uh, one of them is uh, lack of investment, or i should say low consumer confidence, which uh, then you have lack of investment, these are all plaguing the economy and dragging it down. israel's genocide on the people of palestine in gaza and the occupied west bank has cost thousands of lives. the onslot has also plunged the territories into economic crisis. since october 7, israel has st of military

raids in the west bank and violence by israeli settlers has increased sharply, escalating violence by the israeli military and settlers, intensified restrictions on mobility, tens of thousands of cancelled work permits, and the withholding of tax revenues from the palestinian authority are combining to tip the territory into humanitarian crisis. with hundreds of thousands losing their jobs, palestinian families are experiencing poverty in addition to an overall drop in the quality of life, amidst an absence of safety. the international labor organization estimates that israel's revocation of work permits for palestinians has eliminated around 208,00 jobs, about 24% of all employment in the occupied west bank, access restrictions to israel's. market has caused the palestinian

economy losses at around $500 million since october the 7th, with the unemployment rate to have reached a record 52%. for tens of thousands of government employees. the situation is also bleak. time not to find out what has been posted online on this topic. first we take a look at the website that stated as the gaza war, we call it an onslot dominates. israely actions tipped the west bank into economic and security crisis. it said, you don't know what new checkpoints will be set up and which group of settlers you will be attacked by. next up a viewer comment called st. said the tourism has come to a virtual standstill and spending has jumped. the hit to tech companies has shaken confidence in the sector that has become a key driver of israel's economy. the call up of 35000 army reservists disrupted operations at many companies. many customer orders were

put on hold or canceled outright. as the crisis in gaza worsens, so does the economic situation in the west bank, as israel withholds $150 million a month to the pa. "that's the palestinian authority, that means the pa is unable to pay its security forces a time when the west bank is boiling. and finally, another viewer comments by the name of ib nomer, there's nothing, no israeli turists, no non-israeli tourits, no weddings, no henna celebrations, before the weddings, no housewarmings. ouch, that hurts. uh, let me introduce our guests for the first section the q&a. first up, we have david hungerford, david hungerford is author and economist." david hungerford, welcome to economic divide, um, all lies are on the humanitarian situation in gaza, that's uh given 100 days or is past even that, um, this uh genocide is continuing, but the same time you have economic crisis unfolding, you're looking at

uh the way that funds are evaporating, uh, you don't have a budget that can keep up with the war cost, how severely has this genocide or war war impacted west bank? economy both for the israel and the palestinians for that matter, well um the uh we're talking about i think here primarily about cross-border workers, that is to say workers who live in the west bank and commute to work in israel, so that has been interrupted and that's that's quite a large economic volume, particularly locally around five and a half billion usd per year, so that's being badly... disrupted and um certainly it's going to be contributory over the longer run to israel's difficulties in this situation. all right, thank you for that. joe quinn joins us now. joe quinn is an editor at

sat.net. joe quinn, welcome to economic divide. our guests are talked about uh the worker crisis. here we have another crisis that's been ongoing for quite some time, but it has increased. and that's uh these uh vicious settlers who are attacking palestinians, at the same time the restrictions on mobility has increased multifold, tens of thousands of cancelled work permits, which goes to the palestinian workers, and the withholding of tax revenues from the palestinian authority, they're all contributing to this economic crisis, um, but all of these problems are originating from israel, why is israel shooting self of the foot this way, well yeah, much every problem that the palestinians have originates with israel, um, of course, when when a state like israel with the backing of the west initiates kind of that kind of genocidal policy against empower people, well yeah, they do across the board, they're not just bombing, they're uh, they're creating the trying to create

intolerable living conditions for, they're obviously creating inter intolerable living conditions for the people of gaza through through bombing them and evicting them from their homes, but they're also focusing very much on on the west bank. and like i said there they've cut off all of the pretty much all of the jobs that the vast majority of jobs the palestines were doing in israel they have been been cut off and the also they also have been retaining funds the the palestinian authorities uh tax revenue uh that israel has long you had control over and sometimes restricts or sometimes allows them they basically cut that off uh from the beginning of october 7th they cut off that tax revenue so passing the authority and bank is having a lot of trouble um actually functioning as as a as kind of government for the palestinian people in in the west bank uh and that and that top of a significant reduction in jobs is creating yeah serious economic crisis but it's all by design by israel it's on purpose

it's it's part of a plan obviously. time now for the infinis section of the program, our first item is something we covered in the last week, but there's an update to it in a way, first the topic itself is the israeli troop with from the us israel genocidal war, now israel has says that it's going to pull several brigades from the gaza strip, the northern part to be exact, we heard that piece of news before, we covered it here at economic divide last week, but this is where it gets interesting, the military has said a growing tol on the israely economy after nearly three months of wartime mobilization with little end insight to the fighting. okay, aside from that, the fact that it's a growing tool on the israeli economy, that speaks volumes, because many are saying, "there's a shortage of manpower uh that's affecting the economy, but it's a shortage of

people contributing to the economy, like the reservis, which is said to be around 300 thousand give or take is the problem uh with the economy. interesting point there. all right, move up israel's economic crisis, as if we haven't covered that in this program. this particular entry said how the war in gaza has taken toll on the economy there, and it said that uh the israely military is sending these soldiers home from gaza, and again this is emphasizing what i just said before, in order to re-energize the economy, which faces a massive labor shortage because the war. so here you have it, you have the two different angles when it comes to this. is it a combination of both, or is it the fact that there's a shortage of people contributing to the economy? i'll leave the answer to that question up to you. another aspect of the war, the occupied west bank, it's being affected by this uh us-israeli onslot as those wartime curbs have ravaged the west banking. economy um from stores to startups, restrictions on movement for example, and also cuts to the palestinian

authority, let's not forget that uh, the authority, palestinian authority has to pay their staff, and they're not getting the money for it, that's a repeated uh move by the israel regime, and because of that cash shortage, it has put businesses at risk. now in terms of the way that we looked at this, we also want to add this piece of information since the on slot began, israel has almost entirely stopped along palestinians from the occupied west bank to enter israel for work, so obviously that impacts the economy of the west bank. next up, another impact of the israeli onslot and that's on the prices of energy, the world bank warning of energy prices price surge, if the midias war, which we call west asia, spreads, and uh, it's a new economic report which predicted year of weak growth, and said that the world faced a decade of wasted opportunity. well, based on that, we figured we need to... give our two sense as they say here, and our analysis is the converging crises in recent years have

put the world economy on track for the weakest half decade in 30 years, okay, that based on the research we did, without major course correction, the 2020s will go down as a decade of wasted opportunity. those were the items that we picked for you, hope you liked it, if not, tell us what you think uh, in terms of news that is in your part of the world, contact information is coming up. enduring and surviving the genocide of the century happening in the largest open air concentration camp on earth in gaza does not stop the afflicted people of palestine from remembering past massacres committed by the genocidal zinist regime. day of gaza, which was named by the islamic republic of iran on january 19, 2009, right after a 22 day of aggression against the gaza strip where 1500 people rose marters as a direct result of

zionist belligerance. today we commemorate day of gaza as 70% of the strip is carpet bombed with us made top notch laser guided death projectiles that has taken the lives of more than 23,000 civilians in less than 100 days of genocide. day of gaza, this week on the mediest stream. section of the program: israel's labor shortage has created a big headache for the economy. it's not easy to fix a manpower shortage like a shortage for example of cash. although israel has brought in foreign workers, unfortunately for them the problem still process. let's take a look at some of the costs that are involved. well the costs attributed to the absence of workers uh and a decline in productivity as you see here in this uh flowchart of... some sorts uh due to the complete closure for example of uh schools or educational

institutions, that cost is quite high. we're looking a cost of uh roughly about $325 million. now consider that based on what i just mentioned, $325 million dollars. okay uh let's take a look now at the other aspect of this where there's costs involved and uh what we're looking at over here is the absence of work. the previous one was workers, this is the absence of work. 1444 evacuated residents from war affected areas, the total cost that is incurred because of that is 154 million. all right, and then finally we want to take a look at the cost that results in this case in point again we're looking at the cost of accumulatively uh this would be based on the reservis recruitment, we have mentioned this quite a bit, but we're looking at this is an updated number of about 36000 reserved soldiers, the cost that is incurred on that um is uh roughly the figure that we have here $130 million dollars, that's the total tally

there, so uh that's what we're looking at now uh what we want to do so you can get an idea about before we move to our guests is to get an idea about the all the costs that we mentioned in terms of the total, so you have the absence of work, that's $325 million, you have the absense of workers which incurs a cost of $154 million, and finally the reservist recruitment, that cost is $130 million for total of what we see here $609 million, obviously that's a lot of money, especially given the fact that you're looking a war economy of some uh... all right, let's bring in our guests and see what they think uh, david hungerford rejoins us, he's an author and economist. david hungerford, welcome back to economic divide. we're looking at israel's economy and how it's bleeding uh in so many different ways, but one of the major ones is a shortage of workers. we're also looking at the to compound the the crisis there, the restriction that it has placed on palestinian

workers from the west bank. they're not allowed to uh work uh as part of their staff there. uh, tell us what you see uh israel's economy and how it's going to move from this point on? exactly, mean and that's very badly disrupting uh israel's economy uh, mean in terms of west bank it's hurting things in terms of take home pay, and that's certainly very important aspect of any economy, but uh just uh going to be mean all kinds of um economic activity in israel itself grinding to a halt. and um this this war it's uh uh you know it israel cannot uh afford a long war, it needs a quick decision and things aren't heading in that direction at all and i think this is indicative of the old world trend yeah indeed it doesn't look like this going to uh end anytime soon our some may

disagree but joe quinn editor at sot.net joins us uh let's see what he thinks uh joe quinn welcome back i'm taking a look at his economy in this question for you and i'm not too sure what to um ask you, but what's standing out week after week is the major problem with the shortage of workers. aside from that, obviously the palestinian restrictions since the work permits have been taken away has added fuel to the fire, but overall israel's economy is not doing well uh and given the fact that this uh onslaught genocidal war is going to continue, how do you see israel's economy and also the one in the west bank, occupied west bank? uh, i think they're willing to take a temporary, as they say, a temporary hit uh to their economy, in that respect, in terms of the the palestinians are doing minial jobs in israel, the job that israel did want to do, they're willing to uh suffer that the consequence of that for a in a short term, i think they do have a plan to um as as part of their

genocidal campaign against uh the gazans, they have a plan to deal um definitively with the code on code palestinian problem, so israel see these this shortage of workers that they've created, shortage of palestinian workers, it's only a temporary measure until they deal with all as they force it uh, and then afterwards they'll be able to restart, i don't think it'll work out that way for them because generally speaking most of what israel plans to do doesn't work out for well for it, so we have to see, but i think it's only a temporary measure. in their minds, but yeah, i think ultimately israel is going israel economically and militarily and in um many other ways is uh is is not going to be the israel that we've known until now for much longer.

israel collects taxes on palestinian imports and exports to both the west bank and gaza. it transfers the revenue after taking a 3% commission to the palestinian authority, but frequently it uses it to exert pressure on the palestinian leadership. the pa has been left without enough funds to pay public employees. an estimated 900,00 people in the occupied west bank are in need of humanitarian assistance. furthermore, around 95% of the donations made to the palestinian red cresents are being directed to gaza. that is left the west bank in a... apart from that, israely settlements, military checkpoints and roads designated for use by israelis only, already made traveling

between areas of the west bank difficult and time-consuming. israeli authorities have further divided the west bank into isolated areas over the past three months, disconnecting provinces and towns by installing dozens of new checkpoints. the tense atmosphere and closure in the occupied west bank have affected almost all sectors of society. the un estimated in 2019 that the israeli occupation caused the palestinian economy some 47.7 billion dollars in fiscal revenues between the years 2000 and 2017. hello and welcome to the quicktake section. i'm matian in this section we'll cover two important sectors, the auto sector in israel and the construction sector. in terms of the stats, the industry is only working at 30%

capacity, some 50% of construction sites are closed. the economic damage is $830 million a month. keep in mind that the building and real estate sectors o-banks and non-banking institutions a little over $107 billion dollars. even if a small part of the debt is not repaid, it will be huge hit for the whole economy. many are not aware of the important role that the auto sector plays in israel's economy, and how much it contributes to israel's gdp, and more importantly, the relation to the yemeni army's targeting of israeli-linked vessels. this was first revealed by c.tech under its title, the israeli economy's greatest. growth generator is also its biggest enemy where it said that the biggest boost to israel's economy in 2019 came from new car purchases. that year,

economic data revealed that the gross domestic product increased at annual rate of 4.1% after a growth rate of only 0.8% in the second quarter of the year, and this is where the yemani army, targeting of israeli-bound vessels comes in the attacks have impacted the port of ilot to the point that it is close to not functioning at all. the port of ilot is the port that israel received most, if not all of its car imports, any rerooting of vessels with cars impacts the final price tag of the cars, and that is not something that israel is can afford. and this is what israel is facing: vehicle market collapses at 41.8% in november. israeli vehicles market in november 2023 following the hamas attack fell for the second month in a row, and that does it for this quick take section of the program. if you have any comments or questions, please get in touch with us.

contact info is on your screens now. i'm mattia bosan and i'll see you next week. is... cash strapped and employee strapped economy is suffering in such a way that it's hemoraging, it can't stimulate economy that is part of one of the worst genocidal campaigns in history, a war that's not known when it's going to end, this onslot that is ongoing daily, then there are product shortages, in part due to the yemen's targeting of israeli linked uh vessels and on and on and on, so what kind of economic future can there be or recuperation or whether this actually even going to be one? that's anybody's guess, can you take a guess as to how this is going to go? write to us, let us know, contact information is behind me, from entire team here at economic divide,

it's goodbye, until the next program. صور وانشر بدنا نشوف صور وانشر بدنا نشوف لرجال السرايا سمع لرجال السرايا. حيو رجال محمد طيب الانتقام الانتقام والجسر البريف والتوبهاعيه والارتهان د

the attempt to weaponize. the term genocide against israel in the present context does more than tell the court a grossly distorted story in urban warfare, civilian casualties may be the unintended but lawful result of attacks on lawfully military objectives. these do not constitute genocidal acts. the rules and principles of international humanitarian. law

under the h regulations, the geneva conventions of 1949 and customerly international law. these are well developed and applicable and are fully respected by israel. south africa also alleges that israel has waged assault on gaza's health system. hospitals have not been bomb. rather, the idf sent soldiers to search and dismantle military infrastructure.

the headlines, palestinian officials say the death toll from orlandas israely bombings and the gaza strip is nearing 24,800. mexico and chile refer israel's war on gaza to the icc over escalating violence. against palestinian civilians and also in our headlines, the emmy army says that it is targeted an american ship in the gulf of aiden with appropriate naval missiles in response to the us side air strikes on the country.