Gaza's Ponzi scheme
Sunday's Al-Guardian (called the Observer) reports on the schemes and machinations that had led to the loss of $100-500 million invested by Gazans in smuggling tunnels between Gaza and Egypt. Israel Matzav: Gaza's Ponzi schemeThe tunnels are not supposed to exist at all. As the war in Gaza ground to a close in January, Israel insisted on a ceasefire condition that the subterranean network be closed.
Yet there are now scores of them - more than ever before - snaking ever closer to each other. On the Egyptian side, bribes and an unwillingness to close off Gaza keep open the tunnels and smuggling routes. Analysts say that Israel knows this full well, but finds their existence convenient because they take pressure off the argument for reopening the Gaza crossings.Read All at :
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