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.Palestinian Cable Factory Destroyed by Israeli Forces.
 
Israeli forces exploded a Palestinian cable factory Saturday morning in the
eastern part of Gaza City, Palestinian security sources have confirmed.
Witnesses said the explosion, carried out by Israeli forces at dawn, caused
huge noise that could be heard from far away.
Israeli tanks had shelled the cable factory Friday afternoon, setting it
ablaze and causing severe damage. The dawn strike has completely destroyed
the Palestinian factory.
The Palestinian economy has been deteriorating because of the continued
Israeli attacks on its industrial enterprises, alongside the ongoing Israeli
blockade on the Palestinian territories.
The situation can be more devastating as more than 90 percent of raw
materials for Palestinian factories are imported through Israeli ports,
enabling Israeli authorities to put restrictions on clearing the imported
goods. 
The Palestinian industrial sector is estimated to have suffered a daily loss
of 770 million U.S. dollars between late last September and July 13 this
year. 

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