Israeli businesses register $368M in losses during Gaza violence
Al Jazeera
Heavy Israeli bombardment caused $40m in damage to factories in the Gaza Strip, the Hamas media office estimates.
Israeli businesses lost 1.2 billion shekels ($368m) during 11 days of fighting between Israel and Hamas in Gaza, the country’s main industrial group said on Monday. The Manufacturers’ Association of Israel, which represents some 1,500 firms and 400,000 workers, said the loss was mostly due to employees choosing to stay at home due to the nearly nonstop Palestinian rocket fire from Gaza. About a third of workers were absent from work in southern Israel and about 10 percent stayed home in areas closer to the commercial hub of central Israel, the association said.
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