{"id":3195,"date":"2024-03-10T10:07:28","date_gmt":"2024-03-10T10:07:28","guid":{"rendered":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/2024\/03\/10\/israell-economy-bleeding-from-war\/"},"modified":"2024-07-24T14:25:58","modified_gmt":"2024-07-24T14:25:58","slug":"israell-economy-bleeding-from-war","status":"publish","type":"post","link":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/2024\/03\/10\/israell-economy-bleeding-from-war\/","title":{"rendered":"ISRAEL ECONOMY BLEEDING FROM WAR"},"content":{"rendered":"<blockquote class=\"instagram-media\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/reel\/C4VUeBLI4Nr\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\" style=\"background:#FFF;border:0;border-radius:3px;margin: 1px;max-width:540px;min-width:326px;padding:0;width:99.375%;width:-webkit-calc(100% - 2px);width:calc(100% - 2px)\">\n<div style=\"padding:16px\"> <a href=\"https:\/\/www.instagram.com\/reel\/C4VUeBLI4Nr\/?utm_source=ig_embed&amp;utm_campaign=loading\" style=\"background:#FFFFFF;line-height:0;padding:0 0;text-align:center;text-decoration:none;width:100%\" target=\"_blank\" rel=\"noopener\"> <\/p>\n<div style=\"flex-direction: row;align-items: center\">\n<div style=\"background-color: #F4F4F4;border-radius: 50%;flex-grow: 0;height: 40px;margin-right: 14px;width: 40px\"><\/div>\n<div style=\"flex-direction: column;flex-grow: 1;justify-content: center\">\n<div style=\"background-color: #F4F4F4;border-radius: 4px;flex-grow: 0;height: 14px;margin-bottom: 6px;width: 100px\"><\/div>\n<div style=\"background-color: #F4F4F4;border-radius: 4px;flex-grow: 0;height: 14px;width: 60px\"><\/div>\n<\/div>\n<\/div>\n<div style=\"padding: 19% 0\"><\/div>\n<div style=\"height:50px;margin:0 auto 12px;width:50px\"><\/div>\n<div style=\"padding-top: 8px\">\n<div style=\"color:#3897f0;font-family:Arial,sans-serif;font-size:14px;font-style:normal;font-weight:550;line-height:18px\">View this post on Instagram<\/div>\n<\/div>\n<div style=\"padding: 12.5% 0\"><\/div>\n<div style=\"flex-direction: row;margin-bottom: 14px;align-items: center\">\n<div>\n<div style=\"background-color: #F4F4F4;border-radius: 50%;height: 12.5px;width: 12.5px\"><\/div>\n<div style=\"background-color: #F4F4F4;height: 12.5px;width: 12.5px;flex-grow: 0;margin-right: 14px;margin-left: 2px\"><\/div>\n<div style=\"background-color: #F4F4F4;border-radius: 50%;height: 12.5px;width: 12.5px\"><\/div>\n<\/div>\n<div style=\"margin-left: 8px\">\n<div style=\"background-color: #F4F4F4;border-radius: 50%;flex-grow: 0;height: 20px;width: 20px\"><\/div>\n<div style=\"width: 0;height: 0;border-top: 2px solid transparent;border-left: 6px solid #f4f4f4;border-bottom: 2px solid transparent\"><\/div>\n<\/div>\n<div style=\"margin-left: auto\">\n<div style=\"width: 0px;border-top: 8px solid #F4F4F4;border-right: 8px solid transparent\"><\/div>\n<div style=\"background-color: #F4F4F4;flex-grow: 0;height: 12px;width: 16px\"><\/div>\n<div style=\"width: 0;height: 0;border-top: 8px solid #F4F4F4;border-left: 8px solid transparent\"><\/div>\n<\/div>\n<\/div>\n<div style=\"flex-direction: column;flex-grow: 1;justify-content: center;margin-bottom: 24px\">\n<div style=\"background-color: #F4F4F4;border-radius: 4px;flex-grow: 0;height: 14px;margin-bottom: 6px;width: 224px\"><\/div>\n<div style=\"background-color: #F4F4F4;border-radius: 4px;flex-grow: 0;height: 14px;width: 144px\"><\/div>\n<\/div>\n<p><\/a><\/p>\n<p style=\"color:#c9c8cd;font-family:Arial,sans-serif;font-size:14px;line-height:17px;margin-bottom:0;margin-top:8px;overflow:hidden;padding:8px 0 7px;text-align:center\"><a href=\"https:\/\/www.instagram.com\/reel\/C4VUeBLI4Nr\/?utm_source=ig_embed&amp;utm_campaign=loading\" style=\"color:#c9c8cd;font-family:Arial,sans-serif;font-size:14px;font-style:normal;font-weight:normal;line-height:17px;text-decoration:none\" target=\"_blank\" rel=\"noopener\">A post shared by Daizy Gedeon (@daizygedeon)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p class=\"has-drop-cap is-cnvs-dropcap-bordered\">\nThe Israeli economy is bleeding&#8230;Israel is suffering billions of dollars in losses from its aggressive war against Hamas that has affected many sectors, particularly tourism and technology.<\/p>\n<p>So is Israel turning into a poor country?<\/p>\n<p>@trtarabi<\/p>\n<p>If you advocate for TRUTH &amp; JUSTICE, SHARE to spread the knowledge.<\/p>\n<p>#FreeGaza #PalestineSolidarity #GazaGenocide #UNRWA #EndGenocide #Palestine #ICJJustice #ceasefirenow #FreePalestine #Interfaith #StandWithUs #Truth #Palestine #Gaza #Humanrights #Israel #\u0641\u0644\u0633\u0637\u064a\u0646 #\u0627\u0633\u0631\u0627\u0626\u06cc\u0644 #\u063a\u0632\u0629 #airdropaidforgaza\n<\/p>\n<p>English Script:<br \/>\nIsrael might become a \u201cpoor country\u201d, and the United States\u2019 aid will not help it. A scary scenario is awaiting Israel in the next decade amid its economy going down a \u201cslippery slope\u201d. The cost of its war on Gaza has exceeded all expectations.<\/p>\n<p>Itay Ben-Zeev: Israel is unintentionally encouraging us to withdraw our money and spend it elsewhere\u201d<\/p>\n<p>The Chief Executive Officer at Tel Aviv Stock Exchange warns of the economic situation Israel\u2019s is facing, saying it will become a \u201cpoor country\u201d within a decade, if the situation didn\u2019t change. Calling to take measures to boost investments in the country amid other warnings about increasing the defense budget and its \u201cserious consequences.\u201d<\/p>\n<p>Shmuel Abramso: The war is unlike anything we have seen in the past 20 years in terms of impacts on the economy.<br \/>\nThe daily cost of the war on Gaza was estimated at $267 million, which will be equivalent to $52 billion when it ends according to estimates, or 10% of the gross domestic product, which fell by 19.4% in the last quarter of 2023.<\/p>\n<p>Ahmed Fouad Anwar: Tel Aviv is facing &#8220;catastrophic&#8221; economic dimensions and cannot survive for long even with military aid from the United States. <\/p>\n<p>The economic deficit rose to 6.6% in the 2024 budget, and some sectors witnessed losses reaching 80%, including real estate and construction, agriculture, technology, and tourism, which also witnessed a major blow amid the cancellation of 85% of hotel reservations and their overcrowding with displaced Israelis. The financial impasse in Israel will not stop at the past and current years but is estimated to continue until 2027. The deficit and debt are likely to rise between 2025 and 2027. How long will Israel&#8217;s economy survive?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>View this post on Instagram A post shared by Daizy Gedeon (@daizygedeon) The Israeli economy is bleeding&#8230;Israel is suffering billions of dollars in losses from its aggressive war against Hamas&hellip;<\/p>\n","protected":false},"author":2,"featured_media":3196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,35,37,33],"tags":[],"powerkit_post_featured":[],"class_list":["post-3195","post","type-post","status-publish","format-standard","has-post-thumbnail","category-daizy-gedeon","category-israel-hamas-war","category-israel-hamas-war-live-updates","category-middle-east-news"],"_links":{"self":[{"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/posts\/3195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/comments?post=3195"}],"version-history":[{"count":0,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/posts\/3195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/media\/3196"}],"wp:attachment":[{"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/media?parent=3195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/categories?post=3195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/tags?post=3195"},{"taxonomy":"powerkit_post_featured","embeddable":true,"href":"https:\/\/daizygedeon.com\/news-blogs-and-cultures\/wp-json\/wp\/v2\/powerkit_post_featured?post=3195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}