Gaza Rebuilding to Last Until 2040 Amidst Dire Humanitarian Crisis
May 2, 2024
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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Sources

NBC4 WCMH-TV • May 2, 2024
The Latest | It would take until 2040 to rebuild all homes destroyed so far in Gaza, UN report says