More than a year of conflict between Israel and Hezbollah has caused severe economic and physical damage to Lebanon, with losses exceeding $8.5 billion, according to a new report by the World Bank.  The report estimates $3.4 billion in physical damages, primarily to housing, agriculture, and commercial sectors, and $5.1 billion in economic losses. Nearly 100,000 housing units, particularly in southern Lebanon, have been partially or fully destroyed, with damages