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‘Israel in Collapse’: 46,000 Businesses Forced to Close Since 7 Oct — Local Media Reports

‘Israel in Collapse’: 46,000 Businesses Forced to Close Since 7 Oct — Local Media Reports

By RT News

‘Israel in collapse’: 46,000 businesses forced to close since 7 Oct — local media reports

It is estimated by Israeli risk management firm CofaceBdi that 60,000 businesses will be closed by the end of 2024. Forty-six thousand Israeli businesses have been forced to shut as a result of the ongoing war and its devastating effect on the economy.

“About 77 percent of the businesses that have been closed since the beginning of the war, which make up about 35,000 businesses, are small businesses with up to five employees, and are the most vulnerable in the economy,” the report says.

Original source: https://t.me/rtnews/66295

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