Alwaght- Israeli regime is facing a turbulent future of grinding poverty coupled with a worsening economic slowdown.
Israeli media outlets including Jerusalem Post have acknowledged that the Israeli regime has been experiencing an economic slump and the future is to say the least, miserable.
According to a Wednesday report by Taub Center for Social Policy Studies, the Israeli regime should expect slow economic growth in the coming years. On poverty and inequality, the report stated that the issues of welfare and social security were not central priorities of the Tel Aviv regime these past two years, despite high poverty and inequality rates. Researcher Gilad Brand found that the expansion in the labour market has reached a standstill, a trend that is likely to intensify.
Indeed, the Israeli regime has highest poverty rate within the Organization for Economic Cooperation and Development (OECD). According to a recent report, over a quarter of people in the Israeli entity live under the poverty line. According to a report carried out by an NGO umbrella organization, Latet, and released in mid-December, about 2.4 million citizens of the Israeli regime, comprising about 29 percent of the entity's population, live in poverty. More than a million of them are children, with some 35 percent of children living in poverty, said the report.
The report further said that approximately 36 percent of single Israeli mothers live in poverty.
Impact of Sanctions on Israeli economy
There is an increasing wave of worldwide anti-Israeli movement known as the Boycott, Divestment and Sanctions (BDS).
The BDS was initiated in 2005 by over 170 Palestinian organizations that were pushing for “various forms of boycott against Israel until it meets its obligations under international law.”
Israeli regime's Finance Ministry in early July unveiled a report that stated the entity's economy could lose up to NIS 40 billion ($10.5 billion) per year and thousands of people could lose their jobs if the country is subject to a full international boycott.
The movement has now grown phenomenally with thousands of volunteers worldwide have joining the BDS to help promote the Palestinian cause. The European Union has also recognized the right of its citizens to boycott Israel, its top foreign policy official has said.
“The EU stands firm in protecting freedom of expression and freedom of association in line with the Charter of Fundamental Rights of the European Union, which is applicable on EU member states’ territory, including with regard to BDS [boycott, divestment and sanctions] actions carried out on this territory,” Federica Mogherini told the European Parliament in answer to a written question in late September.
The recent resolution against Israel’s settlement activities in the occupied Palestinian territories adopted by the United Nations Security Council (UNSC) has also worried Tel Aviv as it will further embolden the BDS movement worldwide.
Non-white Jews bear brunt of harsh times
The Israeli regime is infamous as having the worst face of racism and racial discrimination in the world with Palestinians bearing the full brunt of apartheid policies pursued by the regime. Indeed the United Nations General Assembly in 1975 passed a resolution equating Zionism with racism and racial discrimination. Due to its racist nature, the Israeli regime not only discriminates against Palestinian Muslims and Christians but also against non-white Jews especially those of African descent.
Indeed these African Jews known as Falasha are the worst hit by poverty and harsh economic times in the Israeli entity and most of them would certainly wish to return to their country. The Israeli entity also discriminates against Ashkenazi and Sephardi Jews who mostly come from Eastern Europe, North Africa and across the Iberian Peninsula.
The Israeli regime is facing growing international isolation following last Friday's historic UN resolution. This isolation will further worsen the regime's economy and confine it to pariah status globally. The current status quo is unsustainable for the Israeli regime which is now facing a bleak future.
