What's the economic toll of Israel's war on Gaza? | Counting the Cost

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

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

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

This comes as spending and borrowing are both rocketing to finance the mounting cost of the war.

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

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

Meanwhile, in the United States, with tariffs, tax cuts and hiring Elon Musk, can Trump's economic vision outperform Harris's?

Plus, Argentine pensioners.

#israel #finance #gaza #argentine #politics #tourism #aljazeeraenglish #economy #palestine

[chini]

Why worry dear when US tax payers are there?

[notruthinthisworld.]

My tax money will soon leave my pocket to aid them. Thanks to the congress.

[RSKYBZ]

I'm disgusted by my countries complicity in genocide and enabling of genocide

[edwardclark]

Some scars never heal! We witness a reenactment of a crime against humanity!

[Vader]

What economic toll...United States will pay the bill for Israel...

[NoelChetty]

Israel is anything but Holly Land - Me & so many around the World feel lost being a Christian with Israel's War Crimes. May God Bless Palestine!

[magdalen]

Israel's economy is past the point of no return months ago...months

[TheOnlyAndreySotnikov]

Don't worry; the US will give them more taxpayer money.

[nurulnadiahazmi]

May their economy keeps on declining now that most of the world have realized their false stories

[jo-annerichardson]

Shev, the German economist, gets it. Great guest.

[neeuro]

The US tax payer will pay for the costs

[rossbaker]

The US subsidises and sustains the Israeli economy and its military.

[johnaddidi]

The irony is as much as I respect the opinion of the guest he has the privilege of leaving ‘Israel’ to go back to where he’s actually from

[hughiemg]

No - because if they need money the US will issue a blank check

[noorpath]

Israel's war on Gaza is damaging almost every sector of its economy. This comes as spending and borrowing are both rocketing to finance the mounting cost of the war. That cost is expected to reach more than $55bn by next year.

[vladimirsapalicio]

Even money is trying to avoid Israel; the irony.
Jews and money.

[Landis_Grant]

Yes, American taxpayers will give Israel all the money it needs. This money will be useless if the Houthis continue to block all ships destined for the ports in Israel and American military aircraft are unable to transport the goods to Israel’s airfields.

[muvfast]

aren't they trust fund babies????

[tedyoung]

Please please please. No wait. That means they will be shaking down America. Never mind.

[seahaws]

I mean what to worry about if a friend with reserve currency is there to bail you out ; like a very rich dad with no limit on bank accounts 😂