Middle East News: The Israeli economy is expected to shrink by 2% this quarter due to the war with Hamas, leading to a spike in unemployment. About 900,000 people were
(Bloomberg) Israeli central bank Governor Amir Yaron is set for another five-year term after finally winning the backing of Prime Minister Benjamin Netanyahu and his finance minister, a decision made six weeks into the war with Hamas that’s exposed political divisions among top officials.Most Read from BloombergMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Ove
With Israel's war against Hamas costing the economy around $260 million every day, payouts to ultra-orthodox schools and other causes championed by right-wingers in the ruling coalition have set off a reckoning for Prime Minister Benjamin Netanyahu.