• givesomefucks@lemmy.world
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    6 months ago

    It was already meaningless. But this is what Israel demanded, so Biden was always going to agree to it.

    Sanctions matter when they’re applied to those in power, or if you don’t care about civilians an entire geographic area…

    Israel is about to isolate all of Palestine from international banking btw. They said they wouldn’t if these meaningless sanctions weren’t cancelled, but they know there’s no repercussions from going back on their word when they own both our political parties.

    The Palestinian economy is based on the Israeli currency, the shekel, making it reliant on ties to Israel and its financial dealings with the rest of the world must go through the Bank of Israel and Israeli banks.

    Earlier this month, the far-right minister Smotrich threatened to paralyse the Palestinian Authority’s economy in response to the United States imposing sanctions on four West Bank extremist settlers accused of violence against Palestinians.

    https://www.middleeasteye.net/news/israel-may-cut-off-palestinian-banks-global-banking-system-next-week