Video duration 26 minutes 00 seconds
The costs count
Israel’s war on Gaza has weakened Israel’s workforce and forced businesses to close.
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Israel began its war on Gaza with big resources: $200 billion in reserves and billions in military aid from the United States.
But expenses are rising rapidly, income is falling and borrowing costs are rising.
According to Israel’s central bank, the war has proven more costly than initially thought.
Many analysts expect the economic impact will be unlike anything Israel has experienced in decades.
Meanwhile, Gaza continues to be plunged into darkness, despite abundant natural gas off its coast.
Elsewhere, we examine whether Argentina’s new president can solve the country’s economic crisis.
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Published on November 25, 2023
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