Skip to content

Tag: Economy

72 Percent Of Aid To Palestine Ends Up ‘In Israeli Hands’

Posted in Journalism, and MintPress News

Aid money to Palestine ends up benefiting the Israeli economy, and may even help perpetuate the occupation, according to an analysis published last year.

Published by Aid Watch Palestine, a Palestinian NGO that scrutinizes the spending of foreign relief money, the September 2015 study by Shir Hever suggests that at least 72 percent of foreign aid actually ends up back in Israeli hands.

Palestine’s economy is dependent on foreign aid, although foreign nations sometimes pledge more than they actually give. The World Bank reported that of $3.5 billion pledged to Palestine in 2015, “only 35 percent has been disbursed, $881 million less than what was supposed to be disbursed so far” by September.

“[D]espite over two decades of sustained aid, the occupation has not come to an end and Palestinians are not yet sovereign in their own country,” Hever noted in the report. “The question that arises is not only whether aid is effective, but whether it also causes harm.”

Almost One-Third Of Children Live In Poverty In ‘The Richest Nation In The World’

Posted in Journalism, and MintPress News

The financial collapse of 2008 and the absence of true economic recovery in the years since has left millions more children in poverty than before the recession. About 22 percent of American children live in poverty, and even that figure may not fully account for all those who are struggling.

According to the annual Kids Count Data Report, which ranks states based on the well-being of children living there, about 3 million more children were impoverished in 2013 than in 2008, an increase of 3 percent that brings the total number of children in poverty to 16,087,000. Following the report’s release, Al-Jazeera America and The Associated Press noted: