An analysis of Israel-Palestine War
Has the potential to disrupt the world economy — and even tip it into recession if more countries are drawn in.
That risk is real, as Israel’s army prepares to invade Gaza in response to an attack by the militant group. The death toll from the Hamas assault and the ongoing Israeli air strikes on Gaza is already in the thousands. There’s concern that militias in Lebanon and Syria that support Hamas will join the fighting.
Israel-Palestine conflict has the potential to disrupt the global economy and even tip it into recession, If more countries are drawn into it, world most reputed financial news agency bloom berg reported.
Israel is provoking the Muslim sentiments to create domestic unrest. Russian-Ukraine war is drawing to an end causing substantial losses to Russia, Germany, Spain, Poland, and many other countries who were dependent on Russian economy. Nord Steam 2, which was constructed at a cost of $9 billion between Germany and Russian was blown away. 643$ billion of Russian were held up in crisis. Middle east is biggest supplier of oil to east and south east Asia. Energy crisis will halt the economic progress of south east and south Asian countries. World Bank has predicted the GDP of region closing to 6%. US is under huge debt, China is unstoppable. G20 could not deliver for US, Europe resisted to participate in war.
Middle East region support and advocate the Palestinian side only to manage public sentiment of its own people. There are no strong and decisive actions taken in this regard by Jordan, Syria, Egypt, Turkey, Saudi Arabia. Thus, long-term practice allows us to conclude that these countries have little influence on the status and the form of the Israeli-Palestinian conflict. Therefore, it should be considered that, except for diplomatic actions at the UN or mediation conducted during major conflicts in the Gaza Strip, the influence of Middle Eastern states on the conflict is negligible
Public of Muslim countries is being provoked sentimentality to arise voice and put pressure on their governments to participate in war. Non State actors are active. States needs to watch and use restraint
Behaviour of Hamas, breach of a impregnable defence of Israel, extreme response of Israel, support of Europe raise many questions.
How China contain the expansion of conflict will be more important to see.
