Economics

Gaza War With Hamas Won’t Hurt Israel’s Economy, Lapid Says

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Israeli Finance Minister Yair Lapid said his country’s three-week-old military operation in the Gaza Strip won’t weigh on the economy, a day after the central bank cut interest rates to boost growth.

“This operation is not something that even touches the fundamentals of the Israeli economy,” he said on Bloomberg Television’s Surveillance, hosted by Tom Keene. “I’m more worried, if anything, with the decline of world trade.”