Even after two months of intense war, the worst is not yet over, with Israel's Benjamin Netanyahu government warning that the fighting with Hamas could last for "several" more months. But it is not clear whether the Israeli economy would be able to handle such a long conflict, even as the Israeli military continues to march on, mainly with assistance from the United States of America. In the latest sign of economic distress, Israel's main airport - Ben Gurion International - reportedly sent hundreds of workers on unpaid leave. This comes just days after data revealed that Israel's economy was already slowing down before receiving a body blow in the form of the Gaza conflict. Does this mean that PM Netanyahu, whose 'Mr Security' image has already taken a beating because of Hamas' October 7 attack, will lose the 'Mr Economy' tag too?
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25 Dec 2024
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