
A man carries a propane gas cylinder while walking through debris in the Jabalia camp in Gaza City on Oct. 11.
Photographer: Mahmud Hams/AFP/Getty Images
The Big Take
Wider War in Middle East Could Tip the World Economy Into Recession
The Hamas attack and Israel’s response are taking a heavy human toll. A global economic downturn may follow.
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Like Middle East wars of the past, the conflict between Israel and Hamas that broke out this past week has the potential to disrupt the world economy — and even tip it into recession if more countries are drawn in.