Gaza Rebuilding to Last Until 2040 Amidst Dire Humanitarian Crisis

May 2, 2024
Gaza Rebuilding to Last Until 2040 Amidst Dire Humanitarian Crisis
  • The Israel-Hamas conflict has resulted in significant destruction in Gaza, with estimates of 370,000 homes damaged and 79,000 destroyed.

  • The Gaza death toll has exceeded 34,500, with displacement affecting approximately 80% of residents.

  • Economic devastation includes an 81% decrease in Gaza's economy and a 25.8% shrinkage in the Palestinian economy overall.

  • The rebuilding of Gaza is anticipated to continue until at least 2040.

  • U.S. Secretary of State Antony Blinken is pushing for a cease-fire and the facilitation of humanitarian aid and hostage release.

  • Israel has permitted humanitarian aid into Gaza through the reopening of a border crossing.

  • German and Israeli leaders are in talks to secure a cease-fire and address hostage situations.

  • Hamas has commended Colombia for severing diplomatic ties with Israel and urges other Latin American nations to follow suit.

  • The Palestinian economy risks a further 29% loss by July, potentially totaling $7.6 billion, if hostilities persist.

Summary based on 3 sources


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