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“The attacks on Israel showed how ... Almost exactly 50 years ago, an oil price shock caused by ... which echoes a similar event in the early 1970s that put upward pressure on food prices ...
Goats, and, to a lesser extent, sheep, provided milk for part of the year, and milk and dairy products were a significant source of food. Dairy products are mentioned in the Bible (for example, Genesis 18:8 , Judges 4:19 , and 2 Samuel 17:29 , and a repeated description of the Land of Israel in the Bible is "a land flowing with milk and honey ...
The Israel–Hamas war has significant economic implications. The number of Palestinians living in poverty has surged dramatically, with an additional 300,000 people falling into poverty by November 2023. The war caused a severe economic downturn, with employment in the Gaza Strip plummeting by 61% and the West Bank by 24% between October and ...
Israel's treasury minister said the daily direct cost of the Gaza war to her country is about $246 million. It has been estimated that if the war went on for eight to twelve months, the cost of the war to the Israeli economy would be more than $50 billion, or close to 10% of GDP, according to Calcalist, citing early Ministry of Finance figures ...
Prices have fallen about 7.5% from a year ago, even though the Israel-Hamas conflict is already into its third week. ... as dependent on oil now as 40 or 50 years ago, The Guardian reported ...
Oil traders face a changed world heading into the new week. With the sudden eruption of war in Israel, following surprise attacks by Hamas, fear and uncertainty in markets could drive up crude oil ...
Israel portal. v. t. e. Tel Aviv residents standing in line to buy food rations, 1954. Austerity in Israel ( Hebrew: צנע, Tsena) was the policy of austerity imposed in the State of Israel from 1949 to 1959. It included rationing and other emergency measures to weather the economic crisis in the early days of statehood.
A gallon of regular gas cost $3.66 on average in the U.S. as of Wednesday, according to AAA, down from $3.83 a month ago. Prices at gas stations are falling as Americans wrap up their summer ...