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News Brief

March 27, 2003
See Original Daily Bulletin From This Date

Israeli-Palestinian violence cost Israel between $3 billion and $3.5 billion last year, according to the Bank of Israel. Bank officials said Wednesday that the violence had deepened Israel’s economic recession. Damages from the intifada, which began in September 2000, first were felt in the tourism industry and then spread to other areas of the economy.

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