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
Hello, Im lewIs vaughanjones. Welcome to Bbc News. MemorIal events are takIng place In Israel and Around The World to remember the vIctIms of the Hamas Attacks on Israel exactly one year ago In whIch nearly Twelve Hundred people were kIlled and 250 taken hostage. 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. More than Three Hundred and fIfty people there were murdered. FamIlIes explaIned why theyjoIned todays vIgIl. ThIs Is the ceremony, thIs Is where she was, thIs Is where she was happy In her last moment. It was here. We lost our son here. Moment. It was here. We lost our son here. He moment. It was here. We lost our son here. He was moment. It was here. We lost | our son here. He was murdered at nIne our son here. He was murdered at nIne oclock. 0ne our son here. He was murdered at nIne oclock. One year past, It Is at nIne oclock. One year past, It Is amazIng. We do
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
Hello, im lucy hockings, welcome to Bbc News now. Memorial benson is your land around the world to mark one year since the attacks of october the 7th. The deadliest day in the nations history. 1200 people were killed. Gunmen stormed across the border. At exactly 6 29am flags were lowered to half mast. That was the time when rockets from gaza started raining down on Southern Israel followed by the deadly rampage by thousands of militants. Israeli communities, Army Bases and the festival. At the side with the festival was held the president joined a memorial service. Held the president joined a memorialservice. More held the president joined a memorial service. More than 350 people there were murdered as Gunmen Rampage four hours before israeli military reinforcements arrived. Meanwhile, the fighting which has raged almost unabated for a year continues. Prime Minister Netanyahu says israel is changing the Security Reality in the region. His forces have kept targeted beirut. Israel has al
We are still going to feel the effect of this time because, as it continues to drift its way steadily east, that is going to allow that Cooler Air to push the Wire Mayor back to the new continent so, as we go through the day on wednesday, there is still a risk of Heavy Rain and rough seas, and the northerly wind will dry and a few scattered showers across the North Sea Coast as well. The cool are not really arriving yet. 14 17 year but noticeably colder in scotland and, as we go out of wednesday into thursday, Gale Force gusts of wind are going to push plenty of frequent showers south. There will be sunny spells but it will be a Cooler Story for all and temperatures are likely to keep between eight and i2. All and temperatures are likely to keep between eight and 12. A little bit below par from where we should be at this stage in october. And then as we move through fire into saturday a brief Ridge Of High Pressure builds across england and wales, brightening things down. This is bbc n