Investment Manager Reveals: Israeli Strike Kills 22 in Gaza School - Impact on Financial Markets
By Nidal al-Mughrabi
CAIRO (Multibagger) - Palestinians reported a tragic incident where an Israeli strike killed at least 22 people in a school sheltering displaced individuals in southern Gaza City on Saturday. The Israeli military claimed the attack targeted a Hamas command center.
The Gaza health ministry stated that most of the casualties were women and children. The Hamas-run government media office mentioned that 13 children, including a three-month-old baby, and six women were among the deceased.
While the military justified the strike by stating it hit a Hamas command center concealed within the compound of a former school, Hamas denies using civilian facilities for military purposes.
In another part of the southern Gaza Strip, Rafah, the Gaza health ministry reported that four health workers were killed by an Israeli strike on ministry warehouses, hindering rescue operations.
On Saturday, the Israeli military released a statement highlighting their operations in Rafah, where they have eliminated dozens of militants and dismantled military infrastructure and tunnel shafts in recent weeks.
The ongoing conflict between Israel and Hamas has raised international concerns, particularly regarding a ceasefire deal. One of the major obstacles is Israel's insistence on controlling the border line between Rafah and Egypt.
Hamas is pushing for an end to the war and the withdrawal of Israeli forces from Gaza, while Israel's stance is that the conflict can only be resolved by eliminating Hamas. Additionally, negotiations include the exchange of Israeli hostages for Palestinian prisoners.
The conflict, which began on Oct. 7, has resulted in significant casualties and displacement. Israeli tallies indicate 1,200 deaths and 250 hostages taken by Hamas, while the local health ministry reports over 41,000 Palestinian fatalities and the displacement of nearly the entire population of 2.3 million.
Analysis: This tragic incident in Gaza has far-reaching implications beyond the humanitarian crisis. The ongoing conflict between Israel and Hamas has led to instability in the region, impacting financial markets and investor sentiment. Investors should closely monitor developments in the conflict as it can have ripple effects on global markets. Additionally, the humanitarian toll of the conflict underscores the need for a peaceful resolution to the Israeli-Palestinian conflict for the well-being of all parties involved.
(Reporting and writing by Nidal al-Mughrabi. Additional reporting by Adam Makary and Ali Sawafta; Editing by Andrew Heavens)