Palestine

The tale of two cities.

September 26, 2018

The juxtaposition of these two stories most likely did not escape the editor.

1. “According to the report, Gaza’s economy contracted by 6 percent in the first quarter of 2018. It said unemployment is now over 50% — and over 70% among Gaza’s youth.
It said in a report that one in two people in Gaza suffers from poverty.”
2.  “Michael Kors said on Tuesday that it would buy Versace, the Italian fashion house, for $2.1 billion in a bid to challenge Europe’s conglomerates at a time of rapid consolidation in the global luxury market. […] . Last year, Kors bought the shoe designer Jimmy Choo for 896 million pounds, or $1.2 billion at current exchange rate.”
https://www.nytimes.com/2018/09/25/business/dealbook/michael-kors-versace.html

https://www.aljazeera.com/topics/organisations/world-bank.html

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