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Israeli blockade hampers Gaza economy

2012-05-25 12 Dailymotion

The UN Relief Works Agency for Palestine Refugees in the Near East, UNRWA, says in a new report that broad unemployment in Gaza in the second half of 2010 reached an unprecedented 45.2%, one of the highest rates in the world.<br /><br />It has been exactly four years since Hamas took over the Gaza Strip, prompting Israel to impose even tougher restrictions.<br /><br />With the economic blockade entering its fifth year, many young Gazans are resigned to taking whatever work they can get. <br /><br />According to a UN report, it has created a drastic situation where half of all adults in the Gaza Strip are unemployed.<br /><br />A brave few are betting on Gaza's borders opening but if the political stalemate goes on- those hopes could soon be swept away.<br /><br />Al Jazeera's Nadim Baba reports.

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