Economy News Fragile Global Economy Faces New Crisis In Israel Gaza War
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Gaza Economy at 13 Percent of Pre-Genocide Level, With Worst Collapse on Record
“Gaza’s economy has lost 87 per cent of its value since 2022,” said Mutasim Elagraa, UNCTAD economist and coordinator for Palestine within the agency, per UN News. “GDP per capita has reverted to ... Read More
Israel’s war on Gaza, curbs drive Palestinian economy to record collapse
In response, Israel unleashed a bombing campaign and tightened its longstanding blockade on Gaza, turning what had already been a 16-year siege into a total stranglehold. Its attacks have killed at ... Read More
Backlash over Gaza war hits parts of Israel’s economy. Will it last?
Despite Israel’s war in Gaza, its economy grew, due mostly to its strong tech sector. But calls to boycott Israel over the conduct of the war appear to have hit some exports. Will that rage subside if ... Read More
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