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Amid a series of immediate collapses in currency, stock market indicators, investments, production, exports, imports, and all economic sectors, economic challenges are relentlessly cornering the enemy from all directions. Additionally, there is growing internal dissatisfaction with the criminal Netanyahu’s government, which is now unprecedentedly shunned within "Zionist" society.
With renewed "Israeli" economic collapses, international economic media outlets have published several reports indicating that the Zionist GDP has once again plummeted by over 19%, while commercial investment has declined by more than 70%, due to repeated attacks on occupied Palestinian territories, which have become unsafe and within range of Lebanese, Yemeni, and Iraqi missiles.
The reports noted that enemy exports have dropped by 25% due to a significant halt in production, while imports decreased by 48% as a result of the Yemeni naval blockade imposed on the Zionist entity.
In light of these collapses, the so-called "Bank of Israel" published a report on Monday acknowledging the existence of "numerous risks of accelerating inflation due to geopolitical developments and their impact on economic activity and the depreciation of the shekel". Referring to the multifaceted threats encircling the Zionist enemy, with the Lebanese front at the forefront, as it has expanded its operations deep into the occupied territories, targeting military, security, and vital sites, particularly in occupied Haifa, known for its significant industrial production, which contributes greatly to the enemy's treasury.
It also warned of the implications of increased "government deficit, downgrading, and a negative outlook for future ratings," and indicated that maritime threats are raising insurance and shipping costs, further weighing on the economy, in reference to the Yemeni naval blockade and its substantial, direct impact on the Zionist enemy.
An international report mentioned that investor flight from the occupied Palestinian territories has become evident, as the office rental sector has declined, despite falling rental prices.
The credit rating agency "Midroog" reported a noticeable decline in demand in the office rental sector in "Israel," with rental prices dropping by 5% to 10% since the beginning of 2024, indicating the considerable gap left by capital owners who have left the occupied territories.
The report stated that "companies are struggling to rent out new buildings as economic instability affects tenants’ decisions, who prefer extending their contracts for short periods rather than committing to long-term leases," highlighting the severe pressures on the investment sector amid ongoing threats.
Additionally, the air transport crisis continues to add new troubles for the enemy, with Reuters reporting that several airlines have suspended flights to and from the entity, which has greatly impacted retail and technology sectors, forcing some to halt operations. This confirms that the enemy is facing a dual blockade, one at sea due to Yemeni actions affecting half of its major imports and exports, and the other in the air, as companies withdraw due to frequent attacks on airports and airspace.
Moreover, the number of emigrants from the occupied territories continues to rise, mainly among capital owners and skilled professionals, seeking promising job opportunities in the U.S. and Europe, as reported by international sources.
Adding to this, widespread internal discontent against criminal Netanyahu is mounting due to several reasons, including his government’s resorting to tax and customs increases, halting support for specific social groups, and the severe security risks posed by ongoing rocket and drone attacks from Lebanon, Yemen, and Iraq. This has led to growing opposition among Zionist officials.
Retired Zionist General Yitzhak Brick launched a scathing attack on Netanyahu's government, describing it as "leading Israel to a national catastrophe and a dead end."
Brick relayed messages from Israeli officers expressing the erosion of trust between "the army and the public," signaling an expanding scope of internal Zionist discontent.
The Hebrew newspaper "Maariv" quoted Brick saying, "It is time for the blind herd to understand the current situation and shake off the intellectual and practical inertia it lives in without real, sincere leadership," adding, "Israel cannot survive for long."
He continued, "If we survive the economic collapse, social resilience, deteriorating international relations, and the destruction of the north and south, as well as the erosion of national security, we will need to muster efforts to rebuild the economy, strengthen social resilience, restore international relations, national security, and rebuild the Galilee and the Gaza perimeter." This statement underscores the ticking time bombs awaiting the enemy, even if the aggression and siege on Gaza and Lebanon stop, meaning threats will continue to pursue the Zionist enemy long-term.
He described Netanyahu's government as "the most destructive since the entity’s founding, led by a dictator willing to survive at any cost," referring to the criminal Netanyahu, adding, "He is a captain who has lost control of the helm, leading Israel to disaster and a dead end."
Brick conveyed what he called "harsh testimonies" from senior occupation army officers, some still in service, regarding the deteriorating situation due to the ongoing aggression on Gaza.
Translated by Almasirah
#Israel #Economic_Crisis About 1 week
This page is the English version of Almasirah Media Network website and it focuses on delivering all leading News and developments in Yemen, the Middle East and the world. In the eara of misinformation imposed by the main stream media in the Middle East and abroad, Almasirah Media Network strives towards promoting knowledge, principle values and justice, among all societies and cultures in the world
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