Mentioned has been climbing, to more regionally what the impact has been. As we know from the international monetary fund, gutter has seen its gdp shrank almost 90 since the study of the conflict. In israel it is down around 20 to 25 . To talk more about israel and the economy. Jon medved is Chief Executive of the israeli Investment Firm Ourcrowd and joins us from jerusalem. Thank you for coming on the programme. As ijust mentioned, it has had a devastating impact on both the Gaza Economy and on israel. But you can talk more about the israeli perspective. What about the impact, what is it like being a Company Doing Business right there . It like being a Company Doing Business right there . Today is a very sad business right there . Today is a very sad day. Business right there . Today is a very sad day, all business right there . Today is a very sad day, all of business right there . Today is a very sad day, all of us business right there . Today is a very sad day, all of us have | a v
It has come down slightly, Nudging Par 77 a barrel. To explain why markets responded so quickly on thursday, heres our economics editor, faisal islam. In the aftermath of irans ballistic Missile Attack and as we wait for news on Israels Response there has been a rise in the price and that means since the attacks it is up 10 to over 77 a barrel on the Brent Crude measure, still down on the year because of local economic concerns but the spike up economic concerns but the spike up occurred immediately after president biden added to Suggestions Israel would target Irans Oilfacilities. Reporter would you support israel striking Irans Oil facilities . Israel striking Irans Oil facilities . ,. , facilities . We are discussing that. I facilities . We are discussing that. |think facilities . We are discussing that. L think that facilities . We are discussing that. I think that would facilities . We are discussing that. I think that would be i facilities . We are discussing that. I think that w
after aggressively raising interest rates for the last year and a half, the federal reserve believes it s in a place where it can leave rates, where they are to cool the economy and to slow inflation from its current 3.7% on a yearly basis to closer to 2%. but even though america s central bank opted not to hike right now, fed chairjerome powell suggested officials are prepared to do more if inflation flares again. the idea that you wouldn t would difficult to to raise again after stopping for a meeting or two is just not right. i mean, the committee will always do what what it thinks is appropriate at the time. right now, things look good, even though it s pricey for americans to get a mortgage or carry credit card debt. growth was stronger than expected over the summer. the world s largest economy is still adding jobs on a monthly basis. and the government s latestjobs report is due out this friday. fed staff also don t see a recession, so they don t want to rock the boat,
place it can leave rates where they are, to cool the economy and slow inflation from its current 3.7%, to closer to 2%. even though america s central bank opted not to hike right now, fed chairjerome powell suggests they are prepared to do more. , do more. the committee will alwa s do more. the committee will always do do more. the committee will always do what do more. the committee will always do what it do more. the committee will always do what it thinks - do more. the committee will always do what it thinks is i always do what it thinks is appropriate at the time. right now, appropriate at the time. right now. things appropriate at the time. right now, things look appropriate at the time. right now, things look good. - appropriate at the time. right now, things look good. even i now, things look good. even though it s pricey for americans to get a mortgage or carry credit card debt, growth was stronger than expected over the summer, the world s largest economy