Canada Global(Web News) The economic effects of Israel’s war on Gaza began to emerge.
According to the British media, the Central Bank of Israel has said that the Israeli economy is losing 260 million dollars a day due to the war. 50 billion dollars may be lost to the Israeli economy. Israel’s Ministry of Manpower says the war on Gaza has reduced the workforce by 20 percent. According to British media, Israel’s shekel has fallen to its lowest level since 2012 due to the war, with the Israeli currency depreciating by 0.7 percent against the US dollar since the war.