Costs to rebuild Gaza pegged at $4 billion

October 5, 2014 9:50 PM

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Costs to rebuild Gaza pegged at $4 billion

KHUZAA, Gaza Strip -- More than five weeks after the Israel-Hamas war in the Gaza Strip, tens of thousands of people whose homes were destroyed or badly damaged in the fighting still live in classrooms, storefronts and other crowded shelters. In some of the hardest-hit areas, the displaced have pitched tents next to the debris that once was their homes.

Yet despite their pressing needs, reconstruction efforts appear stymied by a continued Israeli-Egyptian border blockade of Gaza and an unresolved power struggle between the Islamic militant group Hamas and Western-backed Palestinian President Mahmoud Abbas.

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