How Hamas War Is Making Israel Economy Nosedive Even As Netanyahu Pumps Money Into Military Budget

The Israeli economy is set to become the victim of Benjamin Netanyahu’s war in Gaza as the global credit rating agency has predicted Tel Aviv’s GDP to shrink by 5 percent in the fourth quarter of this year. Earlier it was reported that Israel was spending nearly $250 million daily to wipe out Hamas. The Netanyahu government has increased spending to fund its war in Gaza, which is set to widen the fiscal deficit to more than 5 percent of the GDP. #israel #hamas #gaza #westbank #palestine #israelattack #benjaminnetanyahu #idf #hamasattack #israelvshamas #israelnews #hamasnews Hindustan Times Videos brings all the News for the Global Indian under one umbrella. We break down news from across the globe from the unique lens of a Rising India. Tune in for Explainers, Opinions, Analysis and a 360 degree view of big events in India and the World which impact your present and future. Follow the Hindustan Times Channel on WhatsApp for News Alerts, Top Stories and Editor picks. Join Us Today