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What could happen if Israel severs banking ties with the Palestinian economy
Podcast |
Marketplace
Publisher |
Marketplace
Media Type |
audio
Categories Via RSS |
Business
News
Publication Date |
May 28, 2024
Episode Duration |
00:29:17

Commercial Israeli banks process transactions with Palestinian banks — about $10 billion in trade per year, and paychecks for tens of thousands of Palestinians with jobs in Israel. Normally, the government protects them legally if any funding finds its way into terrorists’ hands. Israeli finance minister Bezalel Smotrich recently threatened to end these waivers. In this episode, what could happen to the Palestinian economy if he follows through? Plus, what’s included in “cost of living” indexes, why consumer confidence is rising, and are we in a climate change housing bubble?

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