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War hurt Israeli economy 'on many levels' - Bank of Israel report

Jerusalem Post |

In 2023, Israel's economy faced significant setbacks due to the ongoing genocidal war in Gaza and internal turmoil, according to the Bank of Israel's latest report.

πŸ’° Economic Contraction: GDP contracted, private consumption declined sharply, and investments saw a notable decrease.

πŸ—οΈ Industry Impact: Construction & agriculture sectors were severely affected by a shortage of workers, worsened by restrictions on Palestinian workers.

πŸ“‰ Budget Adjustments: Lawmakers approved additional funding for defense, leading to a revised deficit of 6.6% of GDP in 2024, up from 2.25% pre-war.

πŸ’Ό Structural Changes: The impact of the judicial overhaul, which led to market volatility and deterred investors

πŸ“‰ GDP Growth: Despite efforts, GDP growth was sluggish, with GDP per capita remaining stagnant in 2023.

πŸ›‘οΈ Challenges Ahead: Israel's economy faces significant challenges, including low labor productivity & educational barriers

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🚨 About 10 minutes ago, Hebrew sources: Activating air defenses in Haifa and hearing the sound of an explosion.

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Al Shifa Hospital…


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Harrowing scenes unfold after the occupation army withdrew from Al-Shifa Medical Complex, following a siege of over two weeks.

Hundreds of martyrs' bodies have been recovered inside and around Al-Shifa Hospital. Harsh scenes document the occupation's vehicles running over the bodies of martyrs around Al-Shifa Medical Complex in Gaza (media 3 and 4).

Until the final moments before their withdrawal, the occupation army continued to commit crimes, including burning homes in the vicinity of the Complex (media 5).

The IOF admitted killing 200 people, arresting another 500, and detaining about 900 for investigation during its operation in Al-Shifa Complex and its surroundings.

The Government Media Office in Gaza confirmed that the occupation has killed over 400 martyrs in and around Al-Shifa Medical Complex, while holding 107 patients hostage and about 60 medical staff members under inhumane conditions without water, medicine, food, or electricity.

Families reunited with their relatives (media 6) as hundreds of people returned to the destroyed Hospital where doctors, nurses, patients, and wounded were besieged, starved, and tortured by the occupation army.


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πŸ”΄β€œIsraeli” warplanes launch a series of raids on Rashaya Al-Foukhar, South Lebanon

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πŸ”΄Palestinian source: The israeli occupation army have destroyed 32 hospitals in the Gaza Strip.

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πŸ”΄ A Palestinian mother describes how she miraculously survived an Israeli occupation army attack on her home in western Gaza City last week. The woman's son was field executed by soldiers during the same attack.

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β˜‘Today active-duty Air Force Senior Airman Larry Hebert will begin a hunger strike to highlight the plight of the starving children of Gaza.

Hebert, age 26, and a member of Veterans For Peace, took authorized leave from his assignment at Naval Station Rota, Spain to participate in demonstrations demanding a permanent ceasefire in Gaza and to visit Congressional offices to press for stopping weapons shipments to Israel

Hebert said, β€œI was deeply touched when I saw that Aaron Bushnell took his own life at the Israeli Embassy for the people of Gaza and knew that I had to raise my voice in opposition to the U.S. government supplying Israel the bombs and rockets to commit genocide in Gaza."

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πŸ”΄ Ministry of Health in Gaza: We appeal to international institutions to make efforts to restart Nasser Hospital in Khan Yunis

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πŸš€ Earlier this morning Rockets entered occupied "Israeli" airspace (Haifa) without activating any alarms or sirens....

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πŸ”΄ Director General of the Government Information Office in Gaza told Al Jazeera: We condemn the crime of destroying the Shifa complex and hold the occupation responsible

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πŸ”΄ Yedioth Ahronoth: Finance Minister Smotrich refuses to approve the purchase of the F-15 and F-35 fighter squadrons from the United States.

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πŸ”΄Israeli Terrorists Murdered Dr. Ahmed Muqameh along with his Mother at Al-Shifa Hospital.

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πŸ”΄ A Palestinian woman searches for the body of her martyred son after the occupation forces withdrew from Al-Shifa Medical Complex, west of Gaza.

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