Israel Hamas conflict Recession goes to worst

Conflict between Israel and Hamas in Gaza, Palestinians, estimated to add global recession impact deeper and takes time to recover. First is financial crisis and now Hamas-Israel conflict. When global economic find itself momentum to health?

Indonesian economist said that Indonesia will down worst against the conflict in economy. Indonesia will enter a long difficult period. He said that the victims of the conflict are Palestinians and the global people whom get directly impact on conflict. According to him in few days’ impact of this conflict will be felt such as gold price, and crude oil prices. There are some argumentations from him related to the Hamas-Israel conflict.

Pure conflict or Not
We do not know the economic reason (behind the screen) except revenge of Israel against their citizen killed by Palestinian militant rocket. Some prediction said that the conflict is raised in order to increase oil price. As we know, oil price is still cheaper, below $50 USD per barrel. Middle-East countries have already been suffered by the price.
The fact, the conflict makes global economic recover to be worst and takes time. Oil price run higher $2 USD per barrel, higher on gold, mineral, agriculture commodities as investors take time to see the both short and long term impact.

Message to New USA President
He said on Indonesian online newspaper, Detik; the conflict has one mission for Obama. This is first test for Obama related to his mission in Middle East, Does Obama stay behind Israel or not. But the conflict sends a special message to world that if the conflict continues, the economic recover shall not down into bigger depression.

source Kompas.com

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