Latest news and articles about regional impact from NEX English
A new report uncovers the shared losses experienced by both Israelis and Palestinians amid the ongoing conflict. It highlights how this resource-rich land has turned into rubble reflecting the suffering of both peoples.
The Israeli Ministry of Finance has warned that the Israeli economy could face negative growth of up to <strong>9.5%</strong> if current wars persist. This alarming forecast includes three scenarios regarding the impact of military conflicts on the economy.
A recent report from the <strong>Israeli Central Bank</strong> indicates that the Israeli economy has experienced a significant decline of <strong>8.6%</strong> since October 2023, largely due to the ongoing conflict with Iran. The report also raises concerns about Israel's air defense capabilities in protecting its cities.