Bank of Israel Governor Warns Prolonged Fighting With Iran Could Severely Hurt Economy
The statement says an extended conflict with Iran could cause major economic damage to Israel, underscoring the macroeconomic risks that geopolitical instability can create for financial markets.
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Terms & Concepts
Macroeconomic risk: The danger that broad economic conditions, such as war or inflation, could disrupt growth, markets, and financial stability.
Geopolitical risk: The threat that political or military tensions between countries may affect economies, investor sentiment, and asset prices.