The Israeli city of Tel Aviv has been devastated by a severe economic collapse caused by the collapse of the tile industry, the government announced on Tuesday.
The city had suffered a devastating economic collapse that led to the loss of hundreds of thousands of jobs and many homes, and was forced to close more than 400 stores and shut down the local branch of the country’s largest tile maker, which employs more than 6,000 people.
“Tel Aviv has lost the largest tile business in the world,” said Prime Minister Benjamin Netanyahu, who said that he and his Cabinet had reached an agreement with the city’s management to open up all the stores and shops, which he said were under siege by “terrorists”.
The government said the city was now able to reopen the shops in the same way they had been during the previous economic crisis.
“The people of Tel, which is the heart of the Israeli economy, will see a return to normalcy,” he said.
In a press conference, he said that Tel Aviv’s businesses had been devastated and that its residents had been forced to leave the city, but said that the city would not suffer the same fate as other cities in the country.
“This will not happen to the people of Israel, it will not occur to anyone else,” he added.
“I assure you, the people will not leave the country in the way they left it, and we will continue to make sure it does not happen again.”
The tiles industry has a long history in Israel, with the country having produced more than 40 million tiles a year until the 1950s, and it was the countrys first tile manufacturer, making tiles for the Israeli military, the military industrial complex and even the nuclear reactor.
During the recent economic crisis, the Israeli government said that it was planning to reopen shops, schools, and public places that had been closed.
The government also said that in addition to providing jobs to its citizens, the city had also benefited from the collapse in the market price of its exports.
According to the ministry of tourism, the country exported 1.2 billion tiles a month and had about $12 billion in revenue.