Rebuilding ‘human-made abyss’ in Gaza will cost at least $70bn, UN says

Report says Israel’s operations ‘significantly undermined every pillar of survival’ and reduced the economy by 87%Israel’s war in Gaza has created a “human-made abyss”, and reconstruction is likely to cost more than $70bn (£53bn) over several decades, the United Nations has said.The UN’s trade and development agency (Unctad) said in a report that Israel’s military operations had “significantly undermined every pillar of survival” and that the entire population of 2.3 million people faced “extreme, multidimensional impoverishment”. Continue reading...