U.S. Treasury Secretary Janet Yellen said on Monday it was too early to speculate on the economic consequences of the Israeli-Palestinian conflict, and that the impact would depend on whether the conflict spread to the wider region.
"We're looking at the potential economic implications of the hostilities ... It's too early to speculate on whether or not there will be significant consequences," she told Sky News.
"I think importantly it depends on whether the hostilities extend beyond Israel and Gaza, and that's certainly an outcome we would like to avoid." Asked whether the U.S. and the west could afford another war at this time, Yellen said: "I think the answer is absolutely. America can certainly afford to stand with Israel and to support Israel's military needs, and we also can and must support Ukraine in its struggle against Russia.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Yellen: Too early to speculate on economic consequences from Israel conflictYellen: Too early to speculate on economic consequences from Israel conflict
Les mer »
Israel war: Tracking the history of Palestine-Israel conflictRachel Schilke is a breaking news reporter at the Washington Examiner. Originally from Frankfort, Illinois, she graduated from the University of Iowa in May 2022 and served as a managing editor at the Daily Iowan with a focus on crime and courts and local government. Follow her on X: rachel_schilke.
Les mer »
Israel-Hamas war live updates: Israel says it’s preparing Gaza ground attackThis is additional taxonomy that helps us with analytics
Les mer »
Israel-Hamas War: How to help humanitarian efforts in Israel, GazaMany people around the world have been affected by the war going on between Israel and Hamas over the last week. Many are looking for ways to help those who are directly impacted by what is going on by donating to charities working in the area.
Les mer »