Israel raised $6 billion for the war with Hamas

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Israel raised $6 billion for the war against Hamas. writes about this Financial Times.

It is noted that interest rates on new loans are significantly higher than before the start of the war – about 6%, which is associated with the increased risk for investors due to hostilities. At the same time, Israeli government bonds were not issued publicly, but through a so-called private placement, that is, they were offered for purchase to selected creditors.

Before that Hamas announced It’s about preparing for a protracted conflict with Israel.

The situation in the Middle East escalated after thousands of Hamas militants infiltrated Israel from the Gaza Strip on October 7, when Hamas announced the launch of Operation Al-Aqsa Flood. In response, Israeli Prime Minister Benjamin Netanyahu announcedthat the country is at war.

The aim of Israel’s response to Operation Iron Sword was to repel the attack, release more than 200 hostages, including foreigners, and destroy Hamas. In order to achieve this goal, Israel launched major rocket attacks on the Gaza Strip from the first day of the operation. At the same time, the Israeli National Security Council decided to stop the supply of water, food, goods, electricity and fuel to the sector. Humanitarian aid shipments to Gaza began to be sent through the Rafah checkpoint only after October 20, and it was stated that their volume was insufficient.

27 October Israel announced About the “expansion” of the ground operation in Gaza. It is not known exactly when the operation started, but before the operation, hundreds of thousands of Palestinians fled their homes and moved to shelters and the south of the region. November 5, as part of the ground operation of IDF forces surrounded Gaza city and supplies cut off, still exists in central Gaza to continue fights.

Previously Pope Francis statedThat the world is being dragged into war because of the defense industry.

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