Is this joke politically correct ??

What happens when a fly falls into a coffee cup?
*The Englishman*: Throws away the cup of coffee and walks away.
*The American*: Takes out the fly and drinks the coffee.
*The Chinese*: Eats the fly and throws away the coffee.
*The Japanese*: Drinks the coffee with the fly, since it was extra.
*The Israeli*: Sells the coffee to the American, the fly to the
Chinese, and buys himself a new cup of coffee.
*The Palestinian*: Blames the Israeli for the violent act of
putting the fly In his coffee; asks the UN for aid; takes a
loan from the European Union
To buy a new cup of coffee; uses the money to purchase
explosives, Then blows up the coffee house, where: The
Englishman, the American,
The Chinese, and the Japanese are all trying to explain to the
Israeli that he was too aggressive .