The Israeli economy has been damaged, too — and it is Israel more than Hamas that will decide when the shooting stops. Some economists compare the shock to the Israeli economy to the coronavirus pandemic in 2020. Others say it might be worse.
Gross domestic product will fall — from forecasts of 3 percent growth in 2023 to 1 percent in 2024, according to the Bank of Israel. Some economists predict contraction.
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Tourism has flatlined. The Tel Aviv beaches and the Old City in Jerusalem are bereft of foreigners. Christmas celebrations in Bethlehem in the occupied West Bank were canceled.
Construction, which ordinarily relies on Palestinian labor from the West Bank, has ground to a near-halt. Since Israel launched its assault to eradicate Hamas, it has suspended the work permits of more than 100,000 Palestinians.
Exports are down across the board. Israel’s gas fields in the Mediterranean Sea were shut down early in the war but are now partially operating.
Tourism flat lining isn't because of cargo ships. It's because they're fighting a war.
Come on dude. Stop trying to conflate things.
Tourism flat lining isn’t because of cargo ships. It’s because they’re fighting a war.
The war is why they're losing the cargo ships.
And around you go. Like a spinning top. Have a nice day. And go miss the point professionally with someone else. Anyone else.
https://www.washingtonpost.com/world/2023/12/31/gaza-war-costs-israel-economy/
...
Tourism flat lining isn't because of cargo ships. It's because they're fighting a war.
Come on dude. Stop trying to conflate things.
The war is why they're losing the cargo ships.
And around you go. Like a spinning top. Have a nice day. And go miss the point professionally with someone else. Anyone else.