Gaza is in ruins. How can it rebuild?

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August 16, 2024

Jabalia, North Gaza, in July.  Photographer: Omar Al-Qattaa/AFP/Getty Images

Read the story After ten months of war, Gaza is buried under tons of debris while Israel seeks out Hamas fighters and infrastructure in retaliation for the deadly incursion on Oct. 7. As US-backed ceasefire talks restart in Doha, calls to rebuild the Strip are becoming louder. Illustration: Jason Kao The collection and disposal of rubble—after the war ends—will take years and cost as much as $700 million. Removing it all will be complicated by unexploded bombs, dangerous contaminants and human remains buried under the ruins. Given the scale of destruction, rebuilding the Strip may cost far more than $80 billion, when taking into account hidden expenses like the long-term impact of a labor market devastated by death, injury and trauma, according to RAND senior economist Daniel Egel. And it's not clear who is going to pay. Read The Big Take.

Listen to the podcast Seven key states are poised to have an outsized impact on the outcome of the US presidential election, and a Bloomberg analysis finds their economies pose a challenge for Kamala Harris and an opening for Donald Trump. On today's Big Take DC podcast, host Saleha Mohsin examines the  "battleground economy" with Bloomberg's Shawn Donnan and hears directly from voters on how their economic reality is influencing the communities. Read the story. Subscribe and listen on iHeart, Apple and Spotify.

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