Wed. Jul 3rd, 2024
Occasional Digest - a story for you

Israel’s war on Gaza has depleted the Israeli workforce and forced businesses to close.

Israel started its war on Gaza with deep pockets: $200bn dollars in reserves and billions in military aid from the United States.

But spending is skyrocketing, revenues are falling and borrowing costs are increasing.

Israel’s central bank says the war has proven to be more costly than initially estimated.

Many analysts expect the economic impact will be unlike anything Israel has experienced in decades.

Meanwhile, Gaza is repeatedly being plunged into darkness despite a wealth of natural gas off its coastline.

Elsewhere, we look whether Argentina’s new president can fix the nation’s economic crisis.

Source link

Discover more from Occasional Digest

Subscribe now to keep reading and get access to the full archive.

Continue reading