Hidden Nook

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Sunday, November 13, 2005

Israel Allowing PA Workers To Return

[Media Source*]

(Xinhuanet) A Palestinian official in the ministry of civil affairs confirmed Israeli media reports on Sunday that Israeli army allowed 10 thousand Palestinian laborers and traders from the Gaza Strip and West Bank to enter Israel.

In addition, some 400 employees working for foreign institutions and unspecified number of Palestinian National Authority (PNA) employees would be able to move between Gaza and West Bank areas, the Palestinian official told a local radio on condition of anonymity.

Although some may disagree with this measure, this precedent comes as good news as many Palestinians have been unable to provide financially toward their families due to the violence surrounding the region (which probably came as a result of "certain politics" within Palestine rather than with Israel).

Some may criticize the economic sanctions by Israel as cruel and inhuman, but those who do often forget that Israel's responsibility is towards the safety of its citizens first and not the financial security of their neighbors.

One thing that the Palestinian Authority can learn from their Jewish neighbors is that it is in their economic interests to fight off factions endorsing terrorism. Such measures often lead towards future investments within the national economy by outside corporations, as this example shows.
(Haaretz) Shamrock Capital Advisors, the California-based investment arm of the Roy Disney family, said yesterday that it is launching a new $125 million fund to invest in Israel over a four-year period. [...]

The fund plans to make investments of $5 million to $20 million, with emphasis on export-oriented middle-market businesses that require capital for international expansion or acquisitions. It is hoping to earn its investors an annual return of some 30 percent. (Media Source*)

Hat Tip: Israpundit

In order for Palestine to become economically independent, they will have to attract companies like Disney to invest within their borders, an idea which is highly unlikely as long as their are factions advocating the destruction of Israel. Palestine has potential economically, as one can see by visiting places such as the Elisha springs inside Jericho or the place of Christ's birth inside of Bethlehem.

But until terrorism settles down within the region, they will continue to have to depend upon Israeli good will in order to provide bread on the table.

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By Darnell Clayton • 9:28 PM • Email Post • •


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