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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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Iran’s Supreme Leader Says Trump Is Lying When He Speaks of Peace

Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during a meeting with government officials in Tehran, Iran, April 15, 2025. Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via REUTERS/File Photo
Iran’s Supreme Leader Ayatollah Ali Khamenei accused Donald Trump on Saturday of lying when the US president said during his Gulf tour this week that he wanted peace in the region.
On the contrary, said Khamenei, the United States uses its power to give “10-ton bombs to the Zionist (Israeli) regime to drop on the heads of Gaza’s children.”
Trump told reporters aboard Air Force One after departing the United Arab Emirates on Friday that Iran had to move quickly on a US proposal for its nuclear program or “something bad’s going to happen.”
His remarks, said Khamenei, “aren’t even worth responding to.” They are an “embarrassment to the speaker and the American people,” Khamenei added.
“Undoubtedly, the source of corruption, war, and conflict in this region is the Zionist regime — a dangerous, deadly cancerous tumor that must be uprooted; it will be uprooted,” he said at an event at a religious center in Tehran, according to state media.
Earlier on Saturday, Iranian President Masoud Pezeshkian said Trump speaks about peace while simultaneously making threats.
“Which should we believe?” Pezeshkian said at a naval event in Tehran. “On the one hand, he speaks of peace and on the other, he threatens with the most advanced tools of mass killing.”
Tehran would continue Iran-US nuclear talks but is not afraid of threats. “We are not seeking war,” Pezeshkian said.
While Trump said on Friday that Iran had a US proposal about its nuclear program, Iranian Foreign Minister Abbas Araqchi in a post on X said Tehran had not received any such proposal. “There is no scenario in which Iran abandons its hard-earned right to (uranium) enrichment for peaceful purposes…” he said.
Araqchi warned on Saturday that Washington’s constant change of stance prolongs nuclear talks, state TV reported.
“It is absolutely unacceptable that America repeatedly defines a new framework for negotiations that prolongs the process,” the broadcast quoted Araqchi as saying.
Pezeshkian said Iran would not “back down from our legitimate rights”.
“Because we refuse to bow to bullying, they say we are source of instability in the region,” he said.
A fourth round of Iran-U.S. talks ended in Oman last Sunday. A new round has not been scheduled yet.
The post Iran’s Supreme Leader Says Trump Is Lying When He Speaks of Peace first appeared on Algemeiner.com.
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Hamas Confirms New Gaza Ceasefire Talks with Israel in Qatar on Saturday

Doha, Qatar. Photo: StellarD via Wikimedia Commons.
A new round of Gaza ceasefire negotiations between Hamas and Israel is underway in Qatar’s Doha, Hamas official Taher al-Nono told Reuters on Saturday.
He said the two sides were discussing all issues without “pre-conditions.”
Nono said Hamas was “keen to exert all the effort needed” to help mediators make the negotiations a success, adding there was “no certain offer on the table.”
The negotiations come despite Israel preparing to expand operations in the Gaza Strip as they seek “operational control” in some areas of the war-torn enclave.
The return to negotiations also comes after US President Donald Trump ended a Middle East tour on Friday with no apparent progress towards a new ceasefire, although he acknowledged Gaza’s growing hunger crisis and the need for aid deliveries.
The post Hamas Confirms New Gaza Ceasefire Talks with Israel in Qatar on Saturday first appeared on Algemeiner.com.
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Report: ICC’s Khan Goes on Administrative Leave Amid Sexual Misconduct Probe

International Criminal Court Prosecutor Karim Khan speaks during an interview with Reuters in The Hague, Netherlands, Feb. 12, 2024. Photo: REUTERS/Piroschka van de Wouw
i24 News – Chief prosecutor of the International Criminal Court Karim Khan has stepped down temporarily as an investigation into his alleged sexual misconduct by United Nations investigators is nearing its final phase, Reuters reported on Friday citing sources from the international court.
Khan allegedly forced sexual intercourse upon a member of staff on multiple occasions, the Wall Street Journal reported last week, linking the allegations to Khan’s decision to issue arrest warrants for Israel’s Prime Minister Benjamin Netanyahu and then-defense minister Yoav Gallant.
A statement is expected later today announcing that Khan is going on administrative leave, according to a source in the prosecutor’s office.
The post Report: ICC’s Khan Goes on Administrative Leave Amid Sexual Misconduct Probe first appeared on Algemeiner.com.
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