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New Study Highlights How Hamas Destroyed Gaza’s Economy
A Palestinian boy reacts next to a burning Israeli vehicle that Palestinian gunmen brought to Gaza after they infiltrated areas of southern Israel, in the northern Gaza Strip, Oct. 7, 2023. Photo: REUTERS/Mahmoud Issa
The economy of the Gaza Strip has been ravaged by the Hamas terror group, whose years-long rule over the Palestinian enclave has devastated the lives of the local population independent of Israeli military operations, according to a new study.
The Kohelet Policy Forum, an Israeli think tank, released a new report showing the detrimental impact that Hamas has had on the livelihoods of Palestinians in Gaza. According to the study — titled “The Palestinian Economy and Palestinian Workers on the Eve of the Iron Swords War” — gross domestic product (GDP) per capita in Gaza was roughly the same as that in the West Bank in 2005 at $17,700, right before Israel fully withdrew all its soldiers and civilian settlers from Gaza. Once the withdrawal occurred, however, GDP per capita dropped drastically, falling to $5,500, or only about 30 percent of GDP in the West Bank.
The numbers since then have only gotten worse in Gaza, where the unemployment rate has skyrocketed, reaching well above even the high rate in the West Bank.
For the 25-34 age range, for example, the unemployment rate for Palestinians in the West Bank is 10 percent. In Gaza, the figure stands at 46 percent.
In the 35-44 and 45-54 age ranges, according to the study, Palestinians in the West Bank have an unemployment rate at around 6 percent, while in Gaza it is more than 20 percent.
For women in Gaza, unemployment across age groups sits around 25 percent on average.
The study also pointed out the massive impact that the ongoing Israel-Hamas war, which the terrorist group launched with its Oct. 7 massacre across southern Israel, has had on both Gaza and the West Bank.
Economic activity in Gaza is down 87 percent, while in the West Bank it has decreased by 24 percent, which the study said is “a result of the cancellation of work permits for over 90 percent of the Palestinian workers employed in Israel.”
Following Hamas’ attack on Oct. 7, when Palestinian terrorists invaded Israel, killed over 1,200 people, and took 253 others as hostages, Israel for security reasons canceled the permits of more than 130,000 workers, including many in the construction industry — a move that has also hurt Israel.
In sum, the new report painted a bleak picture of what Hamas’ brutal rule has inflicted upon Gazans, as well as the intense work that will be needed to rebuild Gaza once the war ends. Israel has made clear that any post-war arrangement in Gaza must not include Hamas in power.
The post New Study Highlights How Hamas Destroyed Gaza’s Economy first appeared on Algemeiner.com.
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‘With or Without Russia’s Help’: Iran Pledges to Block South Caucasus Route Opened Up By Peace Deal
U.S. President Donald Trump speaks during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Photo: Kevin Lamarque via Reuters Connect.
i24 News – Iran will block the establishment of a US-backed transit corridor in the South Caucasus region with or without Moscow’s help, a senior adviser to Iran’s supreme leader was quoted as saying on Saturday by the Iran International website, one day after the historic peace agreement between Azerbaijan and Armenia.
“Mr. Trump thinks the Caucasus is a piece of real estate he can lease for 99 years,” Ali Akbar Velayati said of the so-called Zangezur corridor, the establishment of which is stipulated in the peace deal unveiled on Friday by US President Donald Trump. The White House said the transit route would facilitate greater exports of energy and other resources.
“This passage will not become a gateway for Trump’s mercenaries — it will become their graveyard,” the Khamenei advisor added.
Baku and Yerevan have been at loggerheads since the late 1980s when Nagorno-Karabakh, a mountainous Azerbaijani region mostly populated by ethnic Armenians, broke away from Azerbaijan with support from Armenia. Azerbaijan took back full control of the region in 2023, prompting or forcing almost all of the territory’s 100,000 ethnic Armenians to flee to Armenia.
Yet that painful history was put to the side on Friday at the White House, as Trump oversaw a signing ceremony, flanked by Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan.
The peace deal with Azerbaijan—a pro-Western ally of Israel—is expected to pull Armenia out of the Russian and Iranian sphere of influence and could transform the South Caucasus, an energy-producing region neighboring Russia, Europe, Turkey and Iran.
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UK Police Arrest 150 at Protest for Banned Palestine Action Group
People holding signs sit during a rally organised by Defend Our Juries, challenging the British government’s proscription of “Palestine Action” under anti-terrorism laws, in Parliament Square, in London, Britain, August 9, 2025. Photo: REUTERS/Jaimi Joy
London’s Metropolitan Police said on Saturday it had arrested 150 people at a protest against Britain’s decision to ban the group Palestine Action, adding it was making further arrests.
Officers made arrests after crowds, waving placards expressing support for the group, gathered in Parliament Square, the force said on X.
Protesters, some wearing black and white Palestinian scarves, chanted “shame on you” and “hands off Gaza,” and held signs such as “I oppose genocide. I support Palestine Action,” video taken by Reuters at the scene showed.
In July, British lawmakers banned Palestine Action under anti-terrorism legislation after some of its members broke into a Royal Air Force base and damaged planes in protest against Britain’s support for Israel.
The ban makes it a crime to be a member of the group, carrying a maximum sentence of 14 years in prison.
The co-founder of Palestine Action, Huda Ammori, last week won a bid to bring a legal challenge against the ban.
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‘No Leniency’: Iran Announces Arrest of 20 ‘Zionist Agents’
Iran’s Foreign Minister Abbas Araghchi addresses a special session of the Human Rights Council at the United Nations in Geneva, Switzerland, June 20, 2025. REUTERS/Denis Balibouse
i24 News – Iranian authorities have in recent months arrested 20 people charged with being “Israeli Mossad operatives,” the judiciary said, adding that the Islamic regime will mete out the harshest punishments.
“The judiciary will show no leniency toward spies and agents of the Zionist regime, and with firm rulings, will make an example of them all,” spokesperson Asghar Jahangiri told Iranian media. However, it is understood that an unspecified number of detainees were released, apparently after the charges against them could not be substantiated.
The Islamic Republic was left reeling by a devastating 12-day war with Israel earlier in the summer that left a significant proportion of its military arsenal in ruins and dealt a serious setback to its uranium enrichment program. The fallout included an uptick in executions of Iranians convicted of spying for Israel, with at least eight death sentences carried out in recent months. Hit with international sanctions, the country is in dire economic straights, with frequent energy outages and skyrocketing unemployment.
In recent weeks Foreign Minister Abbas Araghchi affirmed that Tehran cannot give up on its nuclear enrichment program even as it was severely damaged during the war.
“It is stopped because, yes, damages are serious and severe. But obviously we cannot give up of enrichment because it is an achievement of our own scientists. And now, more than that, it is a question of national pride,” the official told Fox News.