Text taken from a news article posted in secretra.com
Commentary by Russian military journalist Boris Rozhin is in italics.
[ColonelCassad] According to Israeli media and economic reports, Israel has suffered direct losses of $12 billion as a result of the 12-day aggressive war against Iran, and total losses could reach $20 billion.
Much, much cheaper than the cost of losing the war, so Israel will afford it. Fortunately, the Entrepreneurial Nation did not stop entrepreneuring just because there was a multi-front war on The losses include not only military costs, damage from missile strikes, payments to individuals and entities affected, but also infrastructure repairs.
| It would have been much worse, but much of the infrastructure is First World construction. And what is rebuilt will be even stronger against the damage of the next war. |
According to the Israeli newspaper Yedioth Ahronoth, the country's budget has already suffered losses of NIS 22 billion ($6.46 billion).
The Israeli military is now asking for an additional NIS 40 billion ($11.7 billion) to replenish weapons stockpiles, purchase additional interceptors and offensive weapons, and maintain reserve units, in addition to pre-war requests for NIS 10 billion and then NIS 30 billion.
Israel’s budget deficit is expected to widen to around 6% amid problems financing military spending, on top of the deficit already accumulated during the Gaza war.
| They’ll pay it off — a rising tide floats all boats, as ‘tis said. Israel Bonds pay a higher interest rate than US Treasuries, and can be purchased and held domestically in the U.S. and elsewhere, so they’ll be able to finance the debt. |
The damage inflicted on the Israeli regime by direct Iranian missile strikes is estimated at $1.3 billion.
Israeli business newspaper Calcalist reported that the regime’s cabinet has spent around $5 billion, or roughly $725 million a day, on offensive operations against Iran and defensive measures to intercept Tehran’s missiles and drones.
| And more for the Hamas, Hezbollah, and Houthi fronts of this war. Some expenditures are necessary. |
The Marker confirmed on Monday that material damage from Iranian missile strikes has already exceeded NIS 5 billion ($1.5 billion).
Economic analysts have warned that continuing the war could push Israel’s already weakened economy to the brink of collapse.
The Tax Authority estimates that some 15,000 Israeli settlers have been forced to flee their homes due to damage caused by Iran's retaliatory operations. Many have moved to hotels in the occupied territories.
The cost of their hotel stays is currently estimated at around 100 million shekels ($29 million). The regime will have to pay rent for an unknown period of time to hundreds or thousands of families, some of them long-term, until the destroyed buildings are rebuilt - a process that could take years.
Meanwhile, a German journalist has exposed censorship in the Israeli media following Iran's massive retaliatory missile strikes. Reporters are warned not to report on Iran's destruction of military targets or Israeli troop losses, he says, but only on civilian casualties.
| The complaint is rich, coming from a Russian. The journalists were announcing the actual map coordinates to help Iran improve the aiming of their missiles. The rules change during war. |
Of these, about 33,000 claims were for damage to buildings, and more than 8,000 for damage to vehicles, property, and equipment. The majority of claims, about 26,000, were filed by Tel Aviv residents.
Until October 7, 2023, about 6,000 settlers were receiving permanent compensation from the regime. Following the Hamas operation in the southern settlements, this number skyrocketed to 25,000.
According to The Marker, this figure is expected to increase further after the war with Iran.
Tel Aviv is already planning to ask Washington for additional financial support in the form of aid or guaranteed loans to reduce military spending and finance urgent military priorities.
Iranian direct and indirect losses are preliminarily estimated at $25-30 billion (damaged infrastructure, damaged ground-based nuclear facilities, destroyed and damaged air defense systems, radars and other equipment, high missile consumption, including expensive ones, assistance to victims and those deprived of housing, etc., etc.).
If underground structures in Isfahan and Fordow were damaged,
| …and they were. Probably so badly that repairing both sites will be impossible… |
| Probably best to just write them off, which costs nothing out of pocket. Israel will not allow them to be rebuilt, and America may well help enforce that so long as there is a Republican in the White House. |