Economists Say Israel’s War On Gaza Has Cost the Country More Than $60 Billion
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- Опубліковано 15 вер 2024
- As Israel nears the 11th-month mark of its war on Gaza, the economic costs are starting to show. The latest data points are in, and they paint an economy that is slowing across the board. Second quarter figures show exports and investments being hit hard, mainly due to countries cutting off trade and divesting over Israel's atrocities in Gaza. Despite those warning signs, Israel's attacks are continuing unabated.
Israel's Central Bureau of Statistics said that the country's GDP grew by just 1.2% in the April-June period. But on a per capita basis, GDP shrank both compared to the previous quarter and to the corresponding quarter last year. The war in Gaza has also curbed consumer spending in Israel, as food prices are on the rise. After Turkiye halted trade with Israel for its blocking of humanitarian aid into Gaza, fruit and vegetable costs have soared in the country. The latest figures come as Israel and Hezbollah exchanged fire over the weekend, raising fears of a wider regional war.
Guests:
Sami Al-Arian
Professor at Istanbul Sabahattin Zaim University
Mehmet Celik
Editorial Coordinator at Daily Sabah
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keep boycotting
*costed US taxpayers and US debt
You cost the US debt and taxpayers more than that.
Don't worry there's more where they came from.
US has at least 1 trillion ready to hand out to Isreal.
Cost 'them'?
The Americans will pick up the tab.
Why is Türkiye still allowing oil, gas and refined fuel to pass through its borders to Israel?
Money is money
Because they do not care 1 iota about Gaza/WB.
Turkey is a country full of cowards
Yes All talk from Turkey No action
True, they could even go a step further and invade and compel Israel to stop. What could the US do to stop a fellow NATO power?
no worries… the yanks will just give their Israeli brothers 60bn or whatever amount needed….
The Yankees will sell their house, car and wife to paid it
The American people have no say in the matter. AIPAC rules their country.
This Iranian-American is quite content that money is going to Israel. They are our good friends and provide us with much technology and intelligence. It’s a mutually beneficial relationship. Jews contribute enormously in the US as well. The ironic thing is that very little aid is given to “Palestinians” from Arab countries. Much talk but they are pretty useless.
@Dakini31 Good one mr Israeli Jew lol
America's money!
Yes but will still costs Israel. Experts like engineers have left the country. The businesses that have kept going have staff off committing genocide. One port is closed. Haifa is being affected. It is hitting them in every way but not affecting them enough yet for them to care (they will only care about themselves)
@@joananthony6323May Israelis and Americans boil in vats of diarrhea.
Any high school graduate knows this war costs Israel billions of dollars. The size of Israeli economy is almost a trillion, and the country can afford $60 for the cost of war. Your expert from Turkey should be talking about Turkish economy that has 70% inflation. How we live in a clown world??
It’s silly to talk about monetary cost while children beings slaughtered in Gaza. people need to have priority and ethics .
Money grows on trees in US
Tree? They print faster with the printer.
@@mrtee3477
Print? Just a few strokes on the keyboard
Taxes payers in America pays evrithing.
And let the Israelis pick up the bill and no one else their arrogance and sense of entitlement clearly comes at a price and they must be the ones to pay it.
1 country I will never visit…
The U.S tax payer should be paying for this war. I think the government should put a federal tax of 10 percent on food to pay for it and other wars.
Small change. The Fed can print any amount it needs.
Let the Fed pay off the debt. That should be funny.
What's 60 billion when you own it.
nope, american tax payer's
Any high school graduate knows this war costs Israel billions of dollars. The size of Israeli economy is almost a trillion, and the country can afford $60 for the cost of war. Your expert from Turkey should be talking about Turkish economy that has 70% inflation. How we live in a clown world??
It's not the Israelis problem as are ready to American taxpayers to provide 😂
Don't you mean working class Americans?
As they'll will foot the bill!
That's only like $ 2,000 increase in annual income taxesper US citizen
American taxpayer's money ?
US taxpayers will cover
us tax
So now as an American my government will take my money and giving to Israel.💔 😡😡I can’t even afford taking care of my children
You mean it costs the USA $60 billion 😂
Don't forget Colombia's recent ban on coal exports to Israel, another headache for Bibi! 😂
And has cost the U.S. 200 billion
The interesting thing is that the Israeli economy may be slower due to the war but it’s still stronger than the majority of Islamic countries. Such a tiny country without oil or natural resources, it’s quite a marvel.
Don’t worry..US tax payers will pay
Gaza land is worth the price. Jews like real estate.
Uncle Sam will foot and hand the bill. no worries at the tax payers of merika.
No problem USA pay the bills.
BDS now! Justice for Gaza.
No problem american coffers are ever ready
Total waste of money,just think if this amount went for food and medicine.
Make it 600 billion,you are rich country no problem👍☝️💕
Can print money indefinitely, private own Fed Reserve and am puzzled americans seems ok with it
🇺🇸: Who should I make the check out to?
🇮🇱
No worry US UK EU Canada & Australia will back up
It will cost BB nothing it is all taxpayer money both us and Israeli
Any high school graduate knows this war costs Israel billions of dollars. The size of Israeli economy is almost a trillion, and the country can afford $60 for the cost of war. Your expert from Turkey should be talking about Turkish economy that has 70% inflation. How we live in a clown world??
It cost them?
Nah, it has cost USI. 😂
Support BDS
🇵🇸💪
You GET GOLDEN HARVEST FROM WHAT YOU SOW 👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍
Idiots force's IDF, can't rescues the hostages 😢
It will be a trillion soon. This is just the beginning.
Why dont you ask Erdogan what he thinks about the situation?
Türkiye is still a Turkey.
what about 70% inflation in Turkey?
6:03 and the eu is now going to put stop trading with them
But Turkey's economy feeling without a war
😂😂😂😂😂😂😂😂😂😂😂
Unlike Israel they can weather the storm.
Little bit of discomfort and most Israelies will flee the country. Makes sense too since that isn’t really their home
Why turkey care about Israel
Isreal isGod chosen people every thing they touch they prosper but islm destroys look at yemen Afghan 12:10
🎉🎉🎉🎉🎉🎉🎉
No problem, the US will pay the bill!
The war has strengthened israel and made them much richer.
Print baby, print