💨 Abstract

The World Bank has estimated that the ongoing conflict between Israel and Hezbollah has caused $8.5 billion in damage and losses to Lebanon. The conflict, triggered by the Gaza war, has been ongoing for nearly a year and has resulted in heavy economic losses, particularly in sectors like commerce, tourism, and agriculture. Direct physical damage in Lebanon is at least $3.4 billion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖