SANA'A October 25.2023 (Saba)-For the first time in the history of the Israeli occupation, the Zionist enemy entity suffered heavy losses at all levels - political, military, economic, social, tourism, scientific, etc. - within a short period of the start of the Battle of Al-Aqsa Flood.
As the Battle of Al-Aqsa Flood enters its 17th day, which constituted a pivotal event in the history of the conflict with the Zionist enemy, and caused a shock whose echoes are still reverberating throughout the world, the bill for this brutal enemy doubles every day.
Military and security-wise, the military costs of the war are estimated at about one billion dollars per day, or about 17 billion dollars so far.
Since the cost of intercepting each missile launched from Gaza is estimated at about $40,000 to $50,000, the researcher at the Zionist Institute for National Security Studies, according to a report by Bloomberg, believed that this makes the Zionist enemy’s losses exceed $40 million just for intercepting resistance missiles.
For the first time in the history of the Zionist enemy entity, we are witnessing a mass exodus as a result of a confrontation with an Arab party, even though it is a small organization in equipment.
Economically, the losses are greater than expected, despite the human losses that reached 1,500 Zionist dead and more than 5,400 injured as of October 22.
Reports of the destruction of tanks and armored vehicles and the fall of missiles on settlements in the south in front of Gaza; From one hour to another, the enemy media confirms the existence of major damage to the Zionist economy, with daily estimates of losses amounting to between 300-400 million dollars.
On October 22, the Tel Aviv Stock Exchange recorded a new decline of 2.23 percent, with the monthly index falling by 12.49 percent, which is a very low percentage.
The reasons for these losses include the cessation of dozens of flights and the disruption of economic life, with the decline in stock and bond prices on the Tel Aviv Stock Exchange and the cancellation of hotel reservations in general. Which means the cessation of the tourist life on which the Zionist economy depends.
In addition to stopping the sale of weapons, which is the entity’s primary supplier, not to mention the closure of the “Tamar” natural gas field in the Mediterranean, for fear of being targeted by missiles.
More than two weeks after the start of the “Al-Aqsa Flood” battle, Yedioth Ahronoth newspaper spoke of “the largest economic disaster in the history of Israel,” holding Benjamin Netanyahu’s government directly responsible for the losses suffered by the Zionist entity.
The value of Zionist government bonds has increased by 136 percent since the start of the war, and the sale of diaspora bonds has caused losses estimated at two billion and 839 million dollars, amid expectations of an increase in public debt, which has already reached 294.7 billion dollars, while the domestic product has reached 350 billion dollars.
The rockets fired by the Palestinian resistance at the Gush Dan area, which is the crown jewel of the enemy’s economy and technology industry, have also led to major paralysis in this sector, which has lost more than two billion dollars so far.
The Zionist website "The Marker", which specializes in economics, revealed that the temporary entity "is in a state of recession, and trade is currently zero," and says that "many are trying to keep their heads above water, fear the future, and do not know who will compensate them and when."
Meanwhile, the Zionist newspaper “Maariv” reported that the Zionist market has lost 4.6 billion shekels, or more than 1.2 billion US dollars, since the beginning of the war, due to employees’ absence from work.
On the energy front, Chevron announced two days after the “Al-Aqsa Flood” that it had closed the Tamar natural gas field, which is one of the most important sources of gas used for electricity generation and export in the Zionist entity.
The Zionist tourism and aviation sector also suffered a severe blow. After Ben Gurion Airport in Tel Aviv was bombed with missiles, all international airlines suspended their flights to it, coinciding with the Ramon and Haifa airports being out of service.
The aviation sector's losses have so far amounted to about $1.6 billion, at a rate of $100 million per day.
In addition to the losses in various economic sectors, the cost of destruction in the settlements surrounding Gaza exceeded the threshold of one billion dollars, and transporting 200,000 settlers in the settlements of the south and north costs about 100 million dollars per week.
The battles greatly affected business due to the occupying entity being placed in a state of emergency and the summoning of more than 300,000 reservists for military service, an unprecedented event in the history of the usurping entity.
Media reports expected losses in the Zionist tourism sector to reach more than $3.4 billion, a sector whose revenues amounted to about 13.5 billion shekels, after 2.67 million tourists arrived in historic Palestine in 2022, compared to 397,000 tourists who registered in 2021.
The Zionist Hapoalim Bank said in a report to the Times of Israel: “The cost of the ongoing war in Gaza will not be less than seven billion US dollars, according to preliminary data, and may reach approximately 1.5 percent of the gross domestic product if events develop to include the front North.
Fitch Ratings placed the Zionist entity's rating under negative review, amid expected losses that its economy began to face due to the aggression on the Gaza Strip.
The credit rating agency Moody's also announced the postponement of publishing the entity's new credit rating, justifying this by the current military developments in the region, as its current rating is (1A).
Fitch's move reflects the growing risk "of expanding the existing war, to include large-scale military confrontations with multiple actors, over a long period of time."
M.M
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