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UN: Palestinian Territory in Recession, Gaza Becoming Uninhabitable

A report by the U.N. Conference on Trade and Development says the occupied Palestinian territory is in recession for the first time in six years and that Gaza could become uninhabitable in less than five years if current economic trends persist. Mahmoud Elkhafif, UNCTAD coordinator of assistance to the Palestinian people, said the economy "declined by almost half a percentage point. As a result, unemployment has increased significantly. Unemployment was about 30 percent last year in...

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