The economy of this Palestinian village depended on Israel. Then the checkpoint closed
By JULIA FRANKEL
Associated Press
NILIN, West Bank (AP) — Israel’s war on Hamas in Gaza has also wreaked havoc on the Palestinian economy in the West Bank. In response to Hamas’ Oct. 7 attack that triggered the war, Israel severed economic ties with the West Bank, barring tens of thousands of Palestinian workers from entering the country. In the four months since, the Palestinian economy in the West Bank has contracted by over one-fifth. One-third of businesses in the territory either closed or reduced production. And one-third of jobs were lost. Daily losses run to $25 million. Palestinians are running out of savings and racking up debt to buy food.