On top of the grievous toll in human life and misery, Israel's war against the Hamas and Hezbollah militant groups has been expensive, and the painfully high financial costs are raising concerns about the long-term effect of the fighting on the country's economy. Military spending has ballooned, and growth has stalled, especially in dangerous border areas that were evacuated. Economists say the country could face declining investment and higher taxes as the war strains government budgets and forces tough choices between social programs and the military.
Breaking
“The Kingdom of Saudi Arabia condemns and denounces in strongest terms the blatant Iranian aggression and the flagrant violation of the sovereignty of the UAE, Bahrain, Qatar, Kuwait, and Jordan.”...
Down more than 50% from its peak, bitcoin is diverging from stocks as geopolitical tensions, tariffs and ETF outflows deepen its slump, analysts told CoinDesk....
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