The Impact of the Palestinian-Israeli Conflict (07.10.2023) on the Economy in the Region and the World

Authors:

Pages: 13-16

Abstract:

Following the 10/07/2023 attacks by the Hamas movement against Israel, the Palestinian- Israeli conflict has the potential to plunge the global economy into recession. The war could have major implications for the economic landscape of Europe, the Middle East and other regions, with the potential to significantly impact reduced regional trade, tighter financial regulations, rising energy costs and reduced consumer guarantees. The state of “uncertainty” facing the global economy is worsening under the weight of many different changes, mostly geopolitical factors, ranging from the war in Ukraine to the fallout from the current war in Gaza and the widespread unrest that accompanies it , including tensions in the Red Sea region and its impact on world trade.

Keywords:

economy, war, world economy, region, Hamas, Israel.

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