Pak Sahafat – Experts and analysts of economic issues have announced the heavy losses of the Al-Aqsa storm military operation against the Zionist regime and assessed it as unbearable for the crisis-stricken economy of Israel.
According to the International group of Pak Sahafat news agency, The website of Al Jazeera News Network, in an article in the language of economic experts, examined the economic consequences of the Al-Aqsa storm operation by the Palestinian resistance groups against the Zionist regime, which was carried out yesterday morning, and examined the short-term and long-term effects of this military attack.
Ghad Lior, the reporter of economic issues of the Zionist regime, writes in Yediot Aharonot newspaper that the war with the Gaza Strip began at a time when the Israeli market was looking for decisive decisions regarding the growth of banking investment, in a situation where the value of the currency of the Israeli regime (shekel) was declining against the dollar and other foreign currencies, and the Tel Aviv Stock Exchange also faced a decrease in its value for the fourth consecutive day. Lior predicted that the deepening of the war on the Gaza front would cause the shekel to continue to depreciate against the dollar and the value of stocks in the Israeli stock market to fall.
This expert on the economic issues of the Zionist regime did not consider it unlikely that the stock market would be closed if its value continued to fall, and he predicted that the Israeli economy would face extensive losses in this way, which cannot be accurately assessed at the current stage.
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According to the announcement of the internal front of the Zionist regime, with the start of the war in the occupied territories, the education of students from Tel Aviv to the border areas of the Gaza Strip has been stopped, and hundreds of industrial areas, commercial facilities and markets, which are the economic artery of the Zionist regime, have been closed.
This expert on economic issues assessed the amount of damages incurred by Israel in past conflicts with the Palestinian resistance as tens of billions of dollars in the economic, commercial and tourism sectors and predicted that the financial damages and costs of the current war will cause a deficit in Israel’s public budget.
Matans Shahadah, an expert in political economy, also stated that the military operation of Storm Al-Aqsa will have direct economic effects on Israel and especially its southern regions. In a conversation with Al Jazeera, he emphasized that the extent of these economic losses will be determined by the progress of the events, but the economic activities in the south of Israel have been completely stopped and in the capital, these activities are also affected by the rocket attacks of the Palestinian resistance.
This expert on economic issues also predicted that the cabinet will block the stock market to prevent its stocks from falling. He stated that the Al-Aqsa storm operation will hit Israel hard economically, the exact amount of which will be determined as the war progresses.
Moody’s credit rating agency also announced last August that concerns about Israel’s economy began after the government’s plan to reform its judicial system. The Organization for Economic Cooperation and Development also predicted that the growth of the Israeli economy will decrease from 3% to 2.9%.