The Latest Breaking News from Esteban Klor

War, debt and cuts: The price of Israel's security push

Israel faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nation, is straining public finances. This surge in spending threatens vital sectors like education and healthcare. Public debt is rising significantly. The nation is grappling with the economic fallout of…

The Economic Times · Jun 7

War in Gaza is testing Israel's economy. A 2nd front against Hezbollah could break it

Israel's military has closed towns and workplaces near the Lebanon border and 60,000 residents have fled, freezing the regional economy. But a full-blown war with Hezbollah could affect all of Israel.

WEKU · Jan 16, 2024