Israeli economy falls 20% due to genocide led by Benjamin Netanyahu.
The country is internationally isolated and the prime minister is rejected by 80% of Israelis.
247 - Israel's economy contracted by 19,4% in the last quarter of 2023, according to Israel's Central Bureau of Statistics. The decline is attributed to the ongoing impact of the war in Palestine, that is, the genocide being promoted by Benjamin Netanyahu.
The conflict is estimated to cost Israel around 255 billion shekels by 2025, equivalent to 13% of its GDP. In November, Moody's downgraded Israel's credit rating, citing political and financial risk.
The agency warns of possible further downgrades. The country is internationally isolated and the prime minister is rejected by 80% of Israelis, according to Professor Michel Gherman. interview to Boa Noite 247 this Monday.