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𝕯𝖝𝕯 𝖈𝖗𝖊𝖜 𝕿𝖚𝖗𝕶𝖎𝖈 𝕭𝖛𝖑𝖑
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Moody’s hits Israel with 2-notch credit downgrade as fighting with Hezbollah intensifies
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www.timesofisrael.com
Israel: 11 months of war have battered the country’s economy
Israel’s war in Gaza, which is fast approaching its first anniversary, is taking a heavy economic toll.
theconversation.com
Israeli economy struggles under weight of Gaza war
Mass protests against Prime Minister Benjamin Netanyahu's controversial judicial reforms had already weakened Israel's economy prior to the Hamas attack on October 7.
It's OVER for Israel
@Gengar
@shia.jihadist
@SecularIslamist
Economist Warns: Israel's War Costs Could Reach 10% of GDP, Raising Urgent Challenges - The Media Line
Hod Goite had recently returned home near the […]
themedialine.org
The Central Bureau of Statistics said the war had sharply curtailed spending, travel and investment at the end of last year.
It said private spending dropped by 26.3%, exports fell by 18.3% and there had been a 67.8% slide in investment in fixed assets, especially in residential buildings. The construction sector suffered from a lack of labour, due to military call-ups and a reduction in Palestinian workers.
Meanwhile, government spending, mainly on war expenses and compensating businesses and households, jumped by 88.1%.
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