Gaza Cease-fire Raises Hopes For Reconstruction
SARAH EL DEEB
GAZA CITY, Gaza Strip (AP) Mohammed Falah Azzam has been through this before.
His mother's home was bombed in the 2008-09 Israeli military offensive in the Gaza Strip, which left hundreds dead and thousands of homes destroyed. In renewed fighting last week, an entire block of buildings housing his extended family was badly damaged in an airstrike that Israel said was aimed at a militant.
While none of his relatives was hurt, the 61-year-old retired schoolteacher once again has to worry about providing shelter for his family. Some relatives are sleeping in an empty shop, squeezed in with other family members. Others are spending their nights in rooms covered in plastic wrap to shield them from the winter rain because all the windows were blown out.
"This is going to cost thousands," Azzam said. "The longer I wait, the more damage will happen," he added, pointing to a heavily damaged building sitting atop tilting concrete columns. Azzam finds himself caught again in a pile of paperwork to seek assistance, trying to secure hard-to-get construction materials. This time, he hopes the process will be smoother, thanks to both Israel's pledges to ease its longstanding border blockade and the newfound political clout of Gaza's Hamas rulers in the region. Israel promised to ease the blockade as part of a cease-fire last week that ended eight days of intense fighting. But difficult negotiations lie ahead, and there is no firm timeline for lifting the restrictions. Israel launched its offensive Nov. 14 in response to months of rocket fire out of Gaza. It carried out some 1,500 airstrikes during the fighting, while Palestinian militants lobbed a similar number of rockets into Israel. The damage to buildings in Gaza appears less extensive than it was four years ago. The United Nations estimates 10,000 homes were destroyed or damaged, while Hamas has put the number at about 8,000, including 500 that were destroyed or heavily damaged. In comparison, U.N. relief agencies said as many as 40,000 homes were affected in the earlier round of fighting.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV