Israeli Banks Threaten to Cut Off Palestinian Economy

critical · NYT World · David M. Halbfinger and Adam Rasgon · 22 Jul 2026 · 21:57 UTC · Economic Oppression · 1 min read

Summary

Demonstrates economic oppression through financial institutions weaponizing banking relationships to restrict an entire population's access to international commerce, exemplifying corporate-state complicity in economic strangulation.

The Bank Hapoalim tower in Tel Aviv. Bank Hapoalim and Israel Discount Bank have written to their Palestinian counterparts saying they will end banking relationships with them.

financial_control economic_siege palestinian_economy banking_isolation structural_oppression

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Israeli Banks Threaten to Cut Off Palestinian Economy

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