https://www.cuttingedge.org/newsletters/index.html
The war in Gaza has affected the Israeli government's international standing in trade and commerce as well as their economy. Here are some key points:
International Standing in Trade and Commerce:
Israel's conduct in Gaza has resulted in damage to the country's reputation on the global stage.
The pursuit of military actions in Gaza has led to a historic damage to Israel's international standing.
The Israeli government's actions in Gaza have caused a loss of global credibility.
The war has led to increased humanitarian assistance to Gaza and EU sanctions against Hamas, which can impact trade relations.
Economy:
The war has had significant economic implications, not only for Israel but also for the global economy.
In the fourth quarter, Israel's economy experienced a 19.4% drop, with a 26.9% decrease in private spending and an 18.3% fall in exports.
The war has had a huge impact on both the Israeli and Palestinian economies.
The Bank of Israel estimated the war's "gross effects" on Israel at 198 billion shekels ($53 billion).
Mobilization of reservists, who represent about 8% of Israel's workforce, has also affected the economy.
Overall, the war in Gaza has had negative consequences for Israel's international standing in trade and commerce, as well as its economy.
Blessings
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