5-24-2014 Israel Declares War On Palestinian Banks - Sam Bahour TPM Café EPalestine

http://talkingpointsmemo.com/cafe/israel-declares-war-on-palestinian-banks

 

One such measure is that Israel informed the Palestinian side that it would no longer allow Palestinian banks to transport their surplus Israeli currency to the Israeli Central Bank, an act that is unheard of in the world of banking. Israel is refusing to serve its own currency. In effect, Israel is declaring war on the Palestinian economy, risking the collapse of the thriving Palestinian banking sector, and disrupting the flow of basic goods such as electricity, petroleum, and natural gas into Palestine….

…The international community is starting to wake up to the three-dimensional reality of the Israeli military occupation. For those who prefer to remain in their deep slumber, Palestinians, acting in their capacity as a state, will be reminding them of their obligations under international law to not allow Israel to continue to act in the rogue fashion that has become commonplace. Israel's ongoing actions are jeopardizing any possibility for a negotiated settlement between Palestinians and Israelis.

 

Posted by Judith Ferster, AIME member

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