Israel's organised crime nexus compounds cost-of-living crisis

A new study warns that organised crime is deepening Israel’s cost-of-living crisis. Researchers estimate crime costs the country 23 billion shekels annually, adding about 8,000 shekels to every household’s yearly expenses. Extortion alone makes up 5% of construction costs, pushing prices higher across the economy. With criminal networks tightening their grip, experts say the impact is now being felt in housing, business, and daily life, compounding pressure on families already struggling with rising costs.