Israel’s Economy To Take Big Hit Amid War? JPMorgan Report Paints Bleak Picture | Details

JPMorgan has warned Israel of a major economic crisis amid the war with Hamas. JPMorgan lowered its fourth-quarter economic forecast for Israel. The bank report said Israel's GDP may shrink 11% from the previous three months. The development comes as Israel is involved in a war with Palestinian group Hamas. Experts say that the economy of other countries in the region also remains at high risk. Watch for more.