The government’s budget deficit is expected to widen to around 9% of GDP, according to the Finance Ministry Military costs are forcing the Israeli government to turn to debt for financing, with the country raising 18.7 billion shekels (over $5 billion) from local bonds since the start of the conflict with Palestinian militant group Hamas.

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The self-governing island’s top diplomat, Joseph Wu, told the media that Beijing may be planning a military offensive in 2027 A military conflict between China and Taiwan could take place in 2027, the self-governing island’s Foreign Minister Joseph Wu has claimed.