Thursday, March 3, 2011

Gaza banks shut down after Hamas confiscation

GAZA CITY, Gaza Strip – All banks in the Gaza Strip temporarily shut down on Thursday after Hamas-affiliated men forced a local branch to cash some $500,000 in checks. Gaza bankers said the ruling Hamas militant group sent police to confiscate the money from a branch of the Palestine Investment Bank. They said the police were accompanied by members of a committee Hamas had appointed in 2009 to

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