Hopes to benefit from greater regional cooperation and deeper economic ties with Israel are shattered, just as joblessness hits 23% and growth has stalled. How it handles the crisis will now be key.

Israel's bombing was too aggressive, and then its ground campaign faltered, while a unified Arab response and wider international unease have transformed international politics in the region.

Hamas can continue fighting without much military or financial support, or it can opt for a political solution to end the war via negotiations, which could effectively lead to their expulsion.

Ursula von der Leyen's visit to Egypt reflects European fears that the expulsion of 2.3 Palestinians from Gaza would create an unprecedented wave of illegal migrants to Europe across the Mediterranean

In the wake of each Israeli mass exile of Palestinians, Ismail Shammout's masterpieces reverberate in our mind's eye. At the forefront stands his famed 1953 depiction, which tells a poignant story.

While Palestinian heritage faces tight restrictions today, it grows ever more robustly, manifesting in every space that attempts to squash it – emboldened by such futile efforts.

The Western and European media machine, distorting the Gaza war and demonising Muslims, will only contribute to a decline in investor moods and a dive in the global economy.