What is the economic cost of Israel's war on Gaza? | Israel-Palestine conflict


Israel's finances are under pressure and its budget deficit is widening as agencies downgrade the nation's credit rating.

More than 40,000 Israeli companies are expected to go bankrupt in the coming months.

Tourism has ground to a halt and consumption, trade and foreign investment have plummeted.

Israel's war in Gaza is damaging almost every sector of its economy.

This comes at a time when both spending and borrowing are soaring to finance the rising costs of war.

That cost is expected to reach more than $55 billion next year.

Credit rating agencies have downgraded Israel's rating for the first time in its history.

Meanwhile, in the US, with tariffs, tax cuts and the hiring of Elon Musk, can Trump's economic vision outdo Harris's?

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