Gaza economy 'on verge of collapse', with world's highest unemployment

The economy of Gaza – assailed by war, poor governance and a joint Israeli-Egyptian blockade – has reached the “verge of collapse” with the coastal strip suffering the highest rate of unemployment in the world.

John Kerry unveils $4 billion Palestinian investment plan

AL SHUNAH: US Secretary of State John Kerry unveiled a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people.

Aid drop hurts Palestinian financial stability: Israel

A drop-off in the delivery of aid to the Palestinians is threatening their financial stability, Israel warns in a report to be submitted to international donor countries later this week.