(Reuters) Aggravating the crisis, local, regional and international banks have balked at transferring Arab and Islamic donations to the Palestinian Authority, fearing sanctions by the United States which regards Hamas as a terrorist organization. [...]
Iran, Qatar, Saudi Arabia and Kuwait have pledged emergency funds totaling more than $200 million. But the Palestinian Authority cannot access the money because local, regional and international banks have balked at making the transfers.
Bank officials say they fear Washington will impose sanctions on them or deny them access to banks on Wall Street which they rely heavily upon to conduct day-to-day transactions.
We live in a global economy and money is the blood that allows us to circulate those goods worldwide. If the Palestinians are going to eat (let alone create wealth) then Hamas will need to abandon its plans of destroying the Jewish state.
After all, what good is a gun if your belly is not full?
(Reuters) Hamas has been seeking access to foreign funds deposited in Egyptian bank accounts set up by the Arab League to aid the cash-strapped Palestinian Authority. [...]
"We understand the sensitivities in which the banks are dealing," [Finance Minister Omar Abdel-Razek] said. But he added: "We expect the banks to shoulder their responsibilities and to take some risks."
Contrary to popular opinion, not all Palestinians are bad, and not all of them seek the destruction of their Israeli neighbor. But as long as the leaders they elected continue to harbor ill will towards Israel, then the west has no reason to allow the government to survive off of donations and international welfare.
After all, would you give your neighbor food stamps if he refused to recognize your rights and applauded your destruction?
Hamas is going to fail cause other than destroy Israel they do not seem to really have a plan. they refuse to compromise and compromise is what government is all about.
ReplyDeleteSalam