In Taybeh, one of the few Palestinian communities with a Christian majority in the occupied West Bank, fears are growing that Israeli occupier attacks on farmland and property could push more families to emigrate, threatening the town’s demographic character and historic Christian presence. Local officials and clergy warned of the impact of rising violence by Israeli occupiers, which has coincided with worsening living and economic conditions in the town. Taybeh, east of Ramallah, is one of the few Palestinian towns in the West Bank that still has a Christian majority, according to church and local accounts. Residents say the town’s Christian roots go back thousands of years. Residents say the attacks have deepened fears in the town, even as they stress their determination to remain on their land. Also Read: Pakistan raises red flag over illegal settlements in West Bank, calls for Israel accountability In recent years, Israeli occupiers have established several ill...
Israel’s finance minister has extended a waiver that allows cooperation between its banking system and Palestinian banks in the occupied West Bank, the minister’s spokesman said today. The waiver, which was due to expire at the end of June, allows Israeli banks to process shekel payments for services and salaries tied to the Palestinian Authority. Without it, the Palestinian economy would have taken a hit. Finance minister Bezalel Smotrich extended the waiver during a recent cabinet meeting, his spokesman said. US treasury secretary Janet Yellen has said it was important to keep open the Israeli-Palestinian correspondent banking relationships to allow battered economies in the West Bank and the Gaza Strip to function and help ensure security. The Palestinian economy relies heavily on this relationship to process transactions made in Israeli shekels. Some 53 billion shekels were exchanged at Palestinian banks in 2023, official data show.
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