Middle East: The final third of November 2023 was a nightmare for the Zionists. Yemen announced the beginning of its military operations in support of Gaza, starting with blocking ships linked to the Zionist enemy and escalating to striking the Zionist depth with drones, ballistic missiles, and hypersonic missiles. These operations have become the greatest threat to the Zionists, undermining their sense of security.

The persistent fear of what surprises Yemenis might bring, coupled with the fact that Yemeni operations now represent the greatest threat to the Zionist economy, stems from the significant disruptions they have caused to the enemy's economic and vital sectors. With Yemen tightening the noose around the Zionist entity, the effects are becoming increasingly evident in the economy of the entity and its partners. Yemeni military operations have triggered widespread crises within the enemy's economic infrastructure.

Disruption of Israeli Maritime Navigation

The Yemeni military’s support operations have crippled maritime movement linked to the Zionist entity. According to the specialized global shipping news platform World Cargo, Yemeni forces' operations in the Red Sea have caused an 85% decline in shipping volume. This has effectively paralyzed the "Israeli" economy, with cascading economic consequences on its production sectors.

Zionist media has published numerous reports on the impact of the Yemeni maritime blockade, noting severe disruptions in export and import sectors. These disruptions have destabilized Zionist production systems and severely affected critical sectors, especially technology.

Economic Fallout from Yemeni Strikes

As part of its comprehensive campaign against the Zionist entity, the Yemeni operations have disrupted economic activity in multiple ways. The American news agency Associated Press highlighted how Yemeni missile launches have deterred many foreign airlines from flying to the entity, exacerbating its already ailing tourism industry. Additionally, the strikes have led to the closure of the Eilat port, forcing ships to take longer, costlier routes around Africa.

For the first time in decades, the 2024 Global Wealth Migration Report by Henley & Partners revealed that more wealthy individuals are emigrating from "Israel" than those choosing to remain, signaling a major investment crisis. According to the Israeli platform Globes, the entity has fallen out of Henley & Partners' list of the top 20 wealth-attracting countries, reflecting the panic and decline permeating the Zionist economy.

Impact on Foreign Investment and Wealth Migration

Reports indicate that the continuous emigration of wealthy investors not only undermines the entity's image as a safe haven but also represents a significant economic setback that may be difficult to reverse. According to Dan Marconi, a senior client advisor at Henley & Partners' branch in the Zionist entity, the ongoing war has not only shattered the perception of "Israel" as a secure refuge but also threatens its economic achievements.

Military and Economic Losses of Enemy

In support of the Palestinian resistance in Gaza, Yemeni forces launched extensive operations in early 2024, particularly in the maritime domain. Over 211 commercial cargo ships belonging to "Israel," the US, and the UK were targeted in the Red Sea, the Arabian Sea, and the Indian Ocean. Some of these ships were completely destroyed.

The military spending by the US and the UK to maintain naval operations and defense systems has also been enormous, with over $1.16 billion spent, including $160 million for air defense interceptor missiles alone.

On the aviation front, Yemeni forces successfully intercepted and downed approximately 14 US MQ-9 drones and one F-18 fighter jet, costing the US half a billion dollars in losses. Concurrently, the US and UK are incurring parallel expenses for their military operations in Yemen, including airstrikes, fuel, and logistical support.

Strikes on the Zionist Depth

Yemeni hypersonic missiles have penetrated deep into Zionist territory, making vital cities from occupied Jaffa to Haifa, Ashkelon, and high-value industrial and nuclear zones insecure. These strikes have caused significant economic disruptions, including the departure of thousands of foreign investment firms, increased reverse migration, and skyrocketing defense spending.

Broader Economic Collapse

With the escalation of Yemeni operations, the Zionist entity faces an accelerating economic crisis. The shekel's value has plummeted, stock market shares of Zionist companies and banks have dropped, and over 60,000 businesses have shut down. Tourism has declined by 80%, and only 26 airlines now operate flights to the entity, down from 95 before the escalation.

The cumulative impact has led to severe transportation disruptions, particularly in air travel, further crippling high-value sectors like technology, which constitutes a quarter of the entity's economic revenue.

Widespread Repercussions

Zionist reports acknowledge unprecedented financial deficits, a sharp decline in investment, and the erosion of tourism and production. The increasing cost of the entity’s crimes is tarnishing its economic reputation among investors, making its cities unviable for investment and life itself. Continuous Yemeni strikes, the wailing of sirens, and millions fleeing to bomb shelters have turned these cities into ghost towns.

The economic and military toll of Yemeni operations continues to rise, amplifying the cost of Zionist aggression and bolstering Yemen’s role in supporting Palestine and its besieged people in Gaza.

Translated by Almasirah English website