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The Trump administration, eager to stop wasteful government spending, halted the distribution of $50 million in taxpayer dollars set aside to buy condoms to be sent to Gaza, White House press ...
In May 2024, it was reported that $50 billion in investments had been wiped out, plunging 1.8 million people into poverty. Following the October 7 attacks, Israel restricted 100,000 Palestinian laborers from entering Israel for work, severely impacting their incomes. The increased Israeli military presence and settler violence further hindered ...
The Gaza war [p] has been fought between Israel and Hamas-led Palestinian militant groups [q] in the Gaza Strip and Israel since 7 October 2023. It is Israel's 15th war in Gaza, [75] and sparked an ongoing Middle Eastern crisis. The first day of the war was the deadliest for Israel, and it is the deadliest war for Palestinians in the history of ...
As a result of the Israeli blockade, 85% of factories were shut or operated at less than 20% capacity. It is estimated that Israeli businesses lost $2 million a day from the closure while Gaza lost approximately $1 million a day. [32] The World Bank estimated the nominal GDP of the territories at US$4,007,000 and of Israel at US$161,822,000.
On 7 October 2023, a large escalation of the Gaza–Israel conflict began with a coordinated offensive by multiple Palestinian militant groups against Israel.A number of countries, including many of Israel's Western allies, such as the United States and a number of European countries, condemned the attacks by Hamas, expressed solidarity for Israel and stated that Israel has a right to defend ...
The international community has sent billions of dollars in aid to the Gaza Strip to provide relief to the more than 2 million Palestinians living there. [8] From 2014 to 2020, U.N. agencies spent nearly $4.5 billion in Gaza, including $600 million in 2020 alone. [8]
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2]. This is the list of countries by government budget.
The blockade of the Gaza Strip is a system of restrictions on movement and goods in Gaza imposed by Israel since the early 1990s. [1] After Hamas took over in 2007, Israel significantly intensified existing movement restrictions and imposed a complete blockade on the movement of goods and people in and out of the Gaza Strip. [2]