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BBCNEWS Business Today October 8, 2024

By hamas gunmen took place just before 6 30 local time. 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 bigger concern is whether any escalation could rock the straits of hormuz, a major shipping channel.
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BBCNEWS BBC News October 8, 2024

Fields, a short drive from where we are, the first area to come in the hamas assault, where thousands of israelis and people from Around The World had gathered for the Nova Music Festival. They dance the night away but thenit they dance the night away but then it turned into a slaughter. 350 were murdered and 44 were taken hostage. This morning, at the vigil, they played the last track of music at 6. 29 because that is when the music stopped and the slaughter started. This morning, again, they played the music again to honour the dead and the missing. Music. Meanwhile injerusalem, crowds gathered before dawn, many holding aloft pictures of the hostages seized by hamas. They demanded that the prime minister, ....

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BBCNEWS BBC News October 8, 2024

Who arrived at that site indiscriminately killing hundreds of people and taking around a0 people hostage. By The End of that attack, 1200 killed, 250 taken hostage. What began was a Military Response from israel back claimed the lives of a2,000 palestinians in gaza. It has displaced millions, many without food, Shelter Water or Medicine And Israel stated ambition is to destroy hamas and its ability to launch further strikes against israel. Today it is a moment of Reflection And Remembrance of those who were killed and those who are still missing from israel, many hostages still thought to be inside gaza but once more confirmation that one will hostage is now pronounced dead. A reminder that this war is not raging on multiple fronts. I will take you to beirut and this is a scene in beirut where smoke is rising above the skyline as Israel Conduct what it says are limited incursions into lebanon to take on not hamas but there has bot ....

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BBCNEWS BBC News October 8, 2024

City Of Haifa. Several people were injured. Will vernon has the latest. One year on since the Middle East was set ablaze, beirut burns again. Explosions pierce the night sky. Israel had issued new Evacuation Orders shortly before launching Air Strikes on the city. The Israeli Military released this footage, saying it had targeted hezbollah Weapons Storage and command centres hidden beneath residential buildings, which hezbollah denies. The strikes on beirut are intensifying. The lebanese government says more than moo people have been killed so far. Over the border in israel, hezbollahs response. The city Of Haifa was attacked by five rockets. Ten people were injured by shrapnel. Hezbollah claimed it had targeted ....

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BBCNEWS Business Today - NYSE Opening Bell October 8, 2024

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 busin ....

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