Continuing the economic consequences of the Gaza war, 34,300 Israeli workers have been fired since the beginning of the year

According to the Fars News Agency International Group, the Israeli newspaper Calcalist wrote in a report today (22 February) that 141 technological companies in this regime have been forced to lay off 34,300 employees since the beginning of this year.

According to this newspaper, Cisco Systems, an American multinational cluster technology company, recently announced that it has fired thousands of its employees in Israel.

In this regard, the Israel Home base wrote that this downgrade means a negative outlook for Israel’s economy due to the war in Gaza, and it means that this downgrade may continue. Channel 12 of Israel TV also reported that the consultations of the authorities of this regime with Moody’s in order not to lower Israel’s credit rating were of no use.

The Israel Hume website also described Moody’s action as the “worst case scenario” for Benjamin Netanyahu’s cabinet and wrote that it is the first time since 1995 that Israel has joined this rating, that its credit rating has fallen. .

According to this report, Moody’s wrote in a harsh and critical tone that the level of geopolitical risks, especially security risks in the medium and long term for Israel is assessed as high. In addition, Israel may experience a period of internal political turmoil after the coalition government ends.

In the opinion of this institute, the increase in security risks in Israel is also related to the increase in socio-economic risks in occupied Palestine, and this issue will weaken Israel’s financial institutions. In a part of the Moody’s report, it is also stated that “the risk of rising tensions, especially the conflict with Hezbollah in the north of Israel, is high”. Israel is solid and the downgrade is because we are at war.

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