GLOBAL CONNECTIONS: the Near/Middle East
2001: Analysts predict that Israel's booming economy will slow down as a result of its political situation.

The outbreak of the second Palestinian intifada in September 2000, the collapse of Ehud Barak's government in December, and the worldwide slowdown in the high-tech industry, lead some experts to suggest that Israel's surging economy will soften. Part of the economic boom in the 1990s has been attributed to the influx of scientific and economic professionals who emigrated from the former Soviet Union at the end of the 1980s.

WWW Middle East Economy and Tourism /transcripts/2002/aug/020805.conan .html

How is the war in the Middle East affecting the economies of that region?