Israel’s war in Gaza and more limited conflict with Hezbollah on its northern border with Lebanon is taking a toll on the Israeli economy. In the final quarter of 2023, Israel’s gross domestic product (GDP) – a measure of a country’s economic health – shrank by almost 20%. Consumption dropped by 27% and investment by […]
Indians are fleeing their growing economy to work abroad – even in conflict zones. Here’s how to create more jobs at home
Israel plans to bring in 70,000 workers from abroad, including 10,000 from India, to boost its construction sector. A labour shortage has emerged after 80,000 Palestinian workers were barred from entering the country after the October 7 Hamas-led attacks. Figures suggest that India is one of the fastest-growing economies in the world. Between July and […]
War in the Middle East has put Lebanon on the brink of economic disaster
The recent return of violence to Lebanon derails hope that the worst of the crises that have plagued the country over the past four years have been left behind. After a spiral of hyperinflation, debt default and crumbling public services, modest signs of economic recovery from one of the “most severe crisis episodes [seen] globally […]