#economic collapse

#economic collapse

The economy of the occupied Palestinian territory is facing its most severe collapse on record, driven by the scale of Israel's genocidal war on Gaza and continued restrictions on movement and trade, according to a new United Nations report. Published on Monday, the report by the UN Conference on Trade and Development (UNCTAD) said two years of Israeli military operations and longstanding curbs have pushed the occupied territory into an economic downturn now ranked among the 10 worst collapses recorded globally since 1960.