Gaza conflict to dent, not break Israel economy
Israel\’s war against Palestinian militants in the Gaza Strip is expected to cost it billions of dollars, temporarily hurt economic growth and put pressure on the government\’s finances.
Israel\’s war against Palestinian militants in the Gaza Strip is expected to cost it billions of dollars, temporarily hurt economic growth and put pressure on the government\’s finances.
Israel knocked out Gaza\’s only power plant, flattened the home of its Islamist Hamas political leader and pounded dozens of other high-profile targets in the enclave on Tuesday, with no end in sight to more than three weeks of conflict.
An Israeli television station retracted its report on Tuesday that a ceasefire in the Gaza conflict had been agreed, saying instead there was \”movement\” toward a truce between Israel and the Palestinian territory\’s dominant Hamas Islamists being brokered by Egypt.
Israeli criticism of Secretary of State John Kerry is “unwarranted,” the Israeli ambassador to Washington said, as U.S. officials made public their unhappiness with the attacks.
Sen. Ted Cruz (R-Texas) lifted his hold on State Department nominees after the Federal Aviation Agency explained to him its reasons for a 36-hour ban on flights to Tel Aviv.