Finance & economics | War by other means

Israel turns to financial weapons as well as military ones

It is going after Hamas on all fronts

Palestinians carrying belongings flee to safer areas following Israeli bombardments on southern part of Gaza City
Image: Getty Images
|Istanbul

In less than a fortnight, some 3,500 Gazans have been killed, 12,000 injured and more than a million displaced—on whose behalf America and the un are attempting to open a passage into Egypt. Entire neighbourhoods in the strip have been bombed to dust. Cut off from food, water and medical supplies, the un warned on October 16th that Gaza’s 2.3m people were on “the verge of an abyss”. Since Israel’s strikes began, war has drained nearly every source of economic life from the territory.

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This article appeared in the Finance & economics section of the print edition under the headline “War by other means”

From the October 21st 2023 edition

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