Marketplace®

Daily business news and economic stories

As the US recognizes Jerusalem as the Israeli capital, the city’s divided economy is likely to continue

President Donald Trump announced today he is starting the process of moving the United States Embassy in Israel from Tel Aviv to Jerusalem. It’s part of a shift in American policy, acknowledging Jerusalem as the capital of Israel. Most other countries don’t recognize the city as Israel’s capital because it’s disputed territory, and the Palestinians […]

President Donald Trump announced today he is starting the process of moving the United States Embassy in Israel from Tel Aviv to Jerusalem. It’s part of a shift in American policy, acknowledging Jerusalem as the capital of Israel. Most other countries don’t recognize the city as Israel’s capital because it’s disputed territory, and the Palestinians hope to one day use part of the city for a capital of their own state. Those disputes and divisions also mean that Jerusalem’s economy is something of a tale of two cities, with very different opportunities for Israelis and Palestinians.

Click the audio player above to hear the full story. 

Related Topics

Latest Episodes

View All Shows
  • Marketplace Morning Report
    4 hours ago
    7:08
  • Marketplace Tech
    10 hours ago
    4:54
  • Marketplace
    a day ago
    25:21
  • Make Me Smart
    a day ago
    15:13
  • Million Bazillion
    2 days ago
    5:01
  • This Is Uncomfortable
    23 days ago
    2:27
  • Financially Inclined
    2 months ago
    12:30
  • How We Survive
    2 months ago
    22:09
  • The Uncertain Hour
    3 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58