Attacks by hamas gunmen took place. 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 big concern is whether any escalation could block the strait of hormuz, a major shipping channel. A third of Oil Tanker Traffic and one fifth of lng frozen gas passes through there. The Oil Markets are already reacting. The price of Brent Crude jumped 5 last thursday after President Biden said the us was
Mentioned has been climbing, to more regionally what the impact has been. As we know from the international monetary fund, gutter has seen its gdp shrank almost 90 since the study of the conflict. In israel it is down around 20 to 25 . To talk more about israel and the economy. Jon medved is Chief Executive of the israeli Investment Firm Ourcrowd and joins us from jerusalem. Thank you for coming on the programme. As ijust mentioned, it has had a devastating impact on both the Gaza Economy and on israel. But you can talk more about the israeli perspective. What about the impact, what is it like being a Company Doing Business right there . It like being a Company Doing Business right there . Today is a very sad business right there . Today is a very sad day. Business right there . Today is a very sad day, all business right there . Today is a very sad day, all of business right there . Today is a very sad day, all of us business right there . Today is a very sad day, all of us have | a v
Amidst the attacks and the commemorations, well be asking what lies ahead for this part of the Middle East with our international editorjeremy bowen. Also on the programme a School Bus carrying up to 70 people has overturned in Newtonards The northern Ireland Ambulance service has declared a major incident. And, Manchester City claim victory over the Premier League. Their challenge to Sponsorship Rules could impact other leading clubs. 0n Bbc London more on that story where undercover reporters from this programme have secretly recorded takeaways, butchers and other shops lying about their Food Hygiene scores. Good evening from Tel Aviv, where a service is taking place for the 1,200 israelis killed and more than 250 taken hostage, in the hamas attacks, exactly one year ago. From dawn till dusk this day, across the land and around the world, people have been stopping to remember those who died. It was 6. 30 in the morning, on october 7th, when fighters from hamas and other groups crosse
News. From dawn till dusk today, across israel, and around the world, people have been stopping to remember those who died in the hamas attacks, exactly one year ago. As they did, more rockets were fired at israel, and its forces continued their offensives against hamas and hezbollah in gaza and lebanon. This is how the day began. In israel, shortly after daybreak, president Isaac Herzog joined a Memorial Service at the scene of the Nova Music Festival marking the moment it came under attack. Gfx the time was 6 29am when Southern Israel awoke the time was 6 29am when Southern Israel awoke to the sound of sirens along the gaza border. Only a few moments later, sirens sounded in Tel Aviv and nearby cities in central israel. At 6 50am, hamas fighters breached the border fences, entering israeli communities and launching attacks in multiple locations. By 8 04am, the Israeli Army declared a State Of Alert for war, and idf soldiers began deploying to areas under attack. Atio 25am, Idf Spokes
Newsroom with Rosemarie Church Hello and welcome. Im Rosemary Church and you are watching Cnn Newsroom. It is nine in the morning across israel where the country is marking one year since the deadly and devastating attack by hamas on October 7 that killed at least 1,200 people in southern israels survivors and found of those killed at the Nova Music Festival gathered to mark the anniversary. Earlier, the final Music Track of the festival was replayed before a minute of silence. The day also being marked in jerusalem when hamas launched rockets into israel at the start of the October 7 attack well, just hours ago, israelis gathered outside the home of Prime Minister benjamin netanyahu, carrying flags and images of hostages taken by hamas ahead of the anniversary, images of the hostages were projected onto the walls of jerusalems old city as of today, the israeli prime Ministers Office says, there are a total of 101 hostages In Gaza, including 35 believed to have been killed. The mother