In order to cope with the Israeli blockade, millions of dollars have been invested in tunnels between Gaza and Egypt. Israel has bombed many of them. Now investors want their money back.
"The investment drive started about a year ago, he [Bloomberg journalist, Jonathan Ferzinger] says, after it had become clear that tunnels were the only way to beat the Israeli blockade.
'All sorts of stuff was going under the border, everything from iPods to cows,' he told the BBC's World Update programme.
'As this became the only going enterprise in Gaza, people saw it as an investment opportunity.'
"Whatever compensation deal is reached with the investors, it is clear the tunnellers are not going away."
"Mr [Omar] Shaban [director of the Gaza-based economic research institute Pal-Think] stresses that the Israeli blockade is at the heart of the problem.
It has created an 'economic structure that is neither registered nor documented nor transparent,' he says."
FULL STORY: Going under in the Gaza Strip
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Pennsylvania Mall Conversion Bill Passes House
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California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
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Ohio Lawmakers Propose Incentivizing Housing Production
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Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
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