By hamas gunmen took place just before 6 30 local time. More than 300 young people attending the festival were killed, others were taken hostage. It has been called israels 9 11 by some, and like the attack on the world trade center, its had massive repercussions around the world in both politics and economics. Michelle fleury has more on the Global Impact one year on. The middle East Conflict could add to the risks already facing the global economy. The escalation comes at a time of uncertainty around the upcoming us election and as china tries to stabilise its struggling economy. Economists warn the war could push up inflation if Trade Routes are disrupted, causing the cost of Oil And Shipping to rise. A bigger concern is whether any escalation could rock the straits of hormuz, a major shipping channel. 0ne straits of hormuz, a major shipping channel. One third of Oil Tanker Traffic and a fifth of Lng And Gas passes through there. The Oil Markets are already reacting. The price of Br
With theirfamilies in israel. It follows Mediation Efforts by the gulf state of qatar, with hamas, designated as a Terror Organisation by many western governments, including the uk, saying they were freed for humanitarian reasons. Around 200 hostages are still being held in gaza, and israels airstrikes and total siege of the territory, cutting off food, water and medicines, will not end until all of them are freed. Desperately needed humanitarian aid has still not reached the besieged people of gaza. Emergency aid trucks stocked with supplies sit on the border with egypt, waiting to be let across the rafah crossing as part of a deal to allow in limited aid. Lets bring you more now on the fate of those two american hostages freed by hamas. Us President Joe Biden spoke with the two women after their release on friday, telling them that their government quote will fully support them as they recover and heal. And Secretary Of State Anthony Blinken said hes relieved the women have been rele