Israel’s Wars Are Expensive. Paying The Bill Could Force Tough Choices

Associated Press, South Florida Sun-Sentinel
Mon, 10/21/2024 - 8:05am

By DAVID McHUGH, AP Business Writer On top of the grievous toll in human life and misery, Israel’s war against the Hamas and Hezbollah groups has been expensive, and the painfully high financial costs are raising concerns about the long-term effect of the fighting on the country’s economy. Military spending has ballooned, and growth has stalled, especially in dangerous border areas that were evacuated.

1
2
3

Topics: david mchugh ap business writer military gaza strip gantry cars mahane yehuda jerusalem march mediterranean sea jaffa jewish-arab april ap photo/oded balilty ap photo/ohad zwigenberg show caption1 expand spending stockholm international peace research european union poland spain ukraine russia s organization economic cooperation development related articles pistorius cubans macarthur philippines saddam hussein islandwide world bank west bank economy moody s ratings baa1 israel s ta-35 zvi eckstein aaron economic policy reichman france israeli finance minister bezalel smotrich s karnit flug the u.s president barack obama s since the middle east brown war what s jacob nagel u.s economist eckstein a a file the israel iron dome lebanon annexed golan heights aug ap photo/leo correa file jan gaza haifa ap photo/leo correa people tel aviv sept hamas oct in institute united states canada germany gdp world news today history october cuba west bank hezbollah moody s eckstein university the expensive paying bill force tough choices government year defense fighting aid debt higher credit border country budget financial deficit quarter head conflict spent growth strong southern investment market tax port stable taxes system supply thousands palestinian lasted concerns jobs galilee region toll compared intercept attack fire fires soldiers modest labor guarantees support part rebounded hits blackout air cuts sector days faces output security social started foresees revenues tech companies borrowing

Place your ad here
Loading...

BING NEWS:

Israel's wars are expensive. Paying the bill could force tough choices
On top of the grievous toll in human life and misery, Israel's war against the Hamas and Hezbollah militant groups has been expensive, and the painfully high financial costs are raising concerns about ...
10/21/2024 - 5:25 am | View Link
National and International News in Focus: Oct. 21
New York neighbors who became cross-country rivals, the New York Yankees and Los Angeles Dodgers are renewing their starry struggle in the World Series for the first time in 43 ...
10/21/2024 - 3:47 am | View Link
Paying the bills for Israel’s expensive wars could force tough choices
Since the war in Gaza began and led to escalating conflict across the Middle East, the United States has spent a record of at least $17.9 billion on military aid ...
10/20/2024 - 10:52 pm | View Link
More

1
2
3