World Daily News
World
Israel / Gaza / Middle East

Unraveling the Economic Crisis: The $60 Billion Cost of the Gaza War on Israel

Images from the reference sources
Explore the staggering $60 billion cost of the Gaza War on Israel's economy, including declines in GDP, rising unemployment, and the impact on various sectors such as technology and tourism. Discover the urgent need for economic stabilization.


The ongoing conflict in Gaza has led to staggering economic repercussions on Israel's economy, with the cost of the war surpassing $60 billion. A comprehensive report by the Al-Zaytouna Center for Studies and Consultations highlights the multifaceted impacts, revealing a sharp decline in Israel's GDP, increased unemployment rates, and significant losses across various sectors, including technology, agriculture, and tourism. As the conflict continues, the need for immediate economic stabilization measures becomes increasingly urgent.

Clam Reports
Refs: | Aljazeera |

Trends

World

Displaced Palestinians Face Dire Conditions Amid Ongoing Conflict in Gaza

2024-12-21T13:38:11.785Z

Thousands of displaced Palestinians in Gaza City are enduring severe winter conditions, lacking basic necessities and facing ongoing military operations.

World

Yemeni Missile Strikes Tel Aviv, Injuring Six Amid Escalating Conflict

2024-12-21T02:58:04.648Z

A missile from Yemen hit Tel Aviv, injuring six Israelis, amid escalating tensions following Israeli airstrikes on Houthi targets.

World

Five Killed in Magdeburg Christmas Market Car Attack

2024-12-21T22:58:30.653Z

A tragic car attack at the Christmas market in Magdeburg, Germany, has resulted in five deaths and over 200 injuries, with the suspect identified as a Saudi psychiatrist with anti-Islamic views.

World

Protests Erupt Across Europe Against Israeli Actions in Gaza

2024-12-21T23:48:22.129Z

European cities are witnessing widespread protests against Israeli actions in Gaza, with demonstrators calling for urgent international intervention and denouncing the humanitarian crisis affecting Palestinians.

World

Pope Francis Condemns 'Cruelty' in Gaza, Sparking Israeli Backlash

2024-12-21T22:58:17.342Z

Pope Francis condemned the Israeli airstrike in Gaza that killed seven children, calling it 'cruelty' and sparking a strong backlash from Israel, which accused him of 'double standards'.

World

The Decline of Iranian Influence in Syria and Lebanon

2024-12-22T00:38:18.439Z

The recent collapse of the Assad regime in Syria signifies a notable decline in Iranian influence in the region, impacting its relationships in both Syria and Lebanon.

Latest