Full coverage· Economy· Updated
Economists Warn Jewish Terror and Settlements Will Harm Israel's Economy
A forum of senior Israeli economists warned that Jewish terrorism and settlement expansion, particularly in E1, could lead to significant macroeconomic damage for Israel.
2 newsrooms · 1 language · sinceWhat happened
- 01Senior Israeli economists warn Jewish terror and settlement expansion could cause significant macroeconomic damage.
- 02Potential European sanctions, including import bans and financial restrictions, are a major concern.
- 03The economists cited actions by the UK, Netherlands, France, Canada, and US senators.
- 04The UN has expanded its blacklist of companies linked to settlements.
- 05Sanctions could lead to a substantial increase in the cost of living for all Israelis.
- 06Failure to prevent Jewish violence against Palestinians is causing diplomatic damage and isolation.
They cited potential European sanctions, a rising cost of living, and business difficulties, noting that the UK, Netherlands, France, and Canada are considering or implementing import bans and sanctions. The economists urged immediate action to prevent further diplomatic and economic isolation, stating that all citizens will pay the price.
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