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Transcripts For PRESSTV Economic 20240703

Economy is irreparable, you will take a look at some of the factors that are pointing to that direction, and then israels siege, both on the gaza strip and in the opt occupied palestian territories, well the israeli sestroyed gazas economy, it is impacted the of palestinians in the opt, and also it has prevented palestinian advancements. The surprise attack by palestinian fighters against israel, which began on october the 7th, has incurred irreparable damage not only to israels security, but also its economy. According to initial estimates, the war between resistance fighters and israel has already cost the regime 6. 8 billion dollars. There are estimates that the cost of the current war will mount to at least. 1. 5 of its gdp, which means an increase in the budget deficit. Since the beginning of the war, local stocks and bonds have fallen, and many businesses and schools remain closed, while airlines have stopped most flights to tel aviv. Israels central bank has said that it will se ....

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