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
Violence has surged in the West Bank since the start of the war In Gaza. Well bring you more information on both of these developing stories as it comes in. Turning back to lebanon, earlier in the day, israel carried out Air Raids against what it called hezbollah s Intelligence Headquarters in Southern Beirut. Our middle East Correspondent Hugo bachega sent us this report. Another night in beirut and more israeli Air Strikes. War returns to this city. And this attack came with no warning. We went to inspect the damage. A residential building near the lebanese parliament. Beirut appears increasingly under threat. This is where an Emergency Response Group linked to hezbollah operated now gone. There were just Emergency Service workers. This is the truth. We only saw them helping people out, says mustafa, who lives on the tenth floor of the building hit. The damage in this building gives you a sense of the power of this attack, and theyve been cleaning up the rubble here, but i can still
And fired some 180 ballistic Cruise Missiles at israel last night. Revenge, it says, the strikes on lebanon. And israels killing of leaders of armed groups it supports. Translation iii armed groups it supports. Translation armed groups it supports. Translation if they remove their evil from Translation If they remove their evil from this Translation If they remove their evil from this region, their evil from this region, without a doubt these conflicts, these walls, these clashes will disappear completely. Clashes will disappear completely. Clashes will disappear comletel. ~ , completely. While most missiles were brought completely. While most missiles were brought down completely. While most missiles were brought down by completely. While most missiles were brought down by israels i were brought down by israels sophisticated air defence system, the entire population was told to stay in bomb shelters. AfterWards, inspecting the damage, many agreed with the Prime Minister that iran must
On seven october, with the un saying more than 650 palestinians have been killed by israeli soldiers or settlers there. Israeli officials say that during the same period, at least 19 israelis have been killed in palestinian since 1993, control of the West Bank has been divided across three zones where there is either full control by the palestinian authority, partial control shared with israel or where israel is in full control. Unlike gaza, hamas has no control there. Overnight, israeli forces simultaneously went into the cities ofjenin, tulkarm, nablus and tubas, on a scale that hasnt happened for decades. Israel says its been conducting a Counter Terrorism Operation with Foreign Minister, israel katz, describing the situation as a war that must be won. A senior palestinian official has accused israel of trying to escalate the war in gaza, warning of Dire And Dangerous results the Palestinian President , Mahmoud Abbas has cut short a visit to Saudi Arabia because of the attacks. Our