Israel’s economy is struggling. Economists say ending the war would help

Associated Press

JERUSALEM (AP) — Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict. Prime Minister Benjamin Netanyahu has said the economic damage is only temporary. But the bloodiest, most destructive war ever between Israel and Hamas has hurt thousands of small businesses and compromised international trust in an economy once thought of as an entrepreneurial dynamo. Some leading economists say a cease-fire is the best way to stop the damage. The war has inflicted a far heavier toll on Gaza’s already broken economy.