Gaza: An Economic Disaster

The World Bank stated that the ongoing Israeli war on Gaza since October 7, 2023, has led to an “unprecedented shift in modern history” for the Palestinian economy, which has been destroyed by Israeli attacks.

In their latest report, they revealed that the Israeli genocide has destroyed nearly 93% of bank branches in Gaza, with only 3 out of 94 ATMs still operational.

It added that Palestinians in Gaza are struggling to pay for basic goods such as food and medicine, as the collapse of the banking system disrupts the private sector.

CrossFireArabia

CrossFireArabia

Dr. Marwan Asmar holds a PhD from Leeds University and is a freelance writer specializing on the Middle East. He has worked as a journalist since the early 1990s in Jordan and the Gulf countries, and been widely published, including at Albawaba, Gulf News, Al Ghad, World Press Review and others.

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Iran Halts Attacks on Neighboring States Unless…

Iran’s president said Saturday that his country will refrain from attacking neighboring states unless attacks are launched against Iran from their territory, state-run Press TV reported.

“The temporary leadership council announced yesterday that there will be no more attacks on neighboring countries and no missile launches unless attacks originate from those countries against Iran,” Masoud Pezeshkian said in a televised address to the Iranian people.

He also apologized to neighboring countries amid rising regional tensions, saying Iran has “no intention of invading other countries.”

Pezeshkian also dismissed expectations that Iran would surrender unconditionally, saying that those who nurse such hopes “will take their dreams to the grave.”

Iran on Feb. 28 launched missiles and drones toward Israel and Gulf countries that are home to US military assets. Some of the attacks have caused casualties and damage to civilian sites, including ports and residential buildings.

Tehran says the attacks came in response to a US-Israeli military campaign against Iran that has killed hundreds of people, including Supreme Leader Ali Khamenei and top military officials. Anadolu

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