Israel Restricts Palestinian Banking, Electricity

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palestinian-riotersIsrael has barred Palestinian banks from making shekel deposits in Israel, as part of punitive measures against the Palestinian Authority in the wake of the collapse of peace talks and the reconciliation between Fatah and Hamas.

Meanwhile, the state-owned Israel Electric Corporation began to reduce its supply of electricity to the West Bank for one hour a day, citing the 1.5 billion shekels the PA owes it.

{Matzav.com Israel News Bureau}

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