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BREAKING
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children
The Ministry of Health in Gaza: Gaza's hospitals recorded six deaths due to starvation and malnutrition in the past 24 hours, all of them adults
Informed sources to Al Mayadeen: A new chapter in relations between Iran and the International Atomic Energy Agency will begin within the framework of the new law passed by Parliament
Informed sources to Al Mayadeen: The talks will focus on the political aspect, and the agency's delegation will not be accompanied by any inspector
Informed sources to Al Mayadeen: An IAEA delegation will visit Tehran next week to discuss mechanisms for implementing the parliament's law suspending cooperation with the agency
Palestinian media: Herds of Israeli settlers storm the al-Aqsa Mosque and perform Talmudic rituals in it
Al Mayadeen's correspondent in Gaza: 15 martyrs were transferred to hospitals in the Gaza Strip in the past few hours as the Israeli occupation continues its aggression on the camps of the displaced
Al Mayadeen's correspondent in Gaza: 38 were killed since dawn on Saturday, as the Israeli occupation army targeted aid seekers at distribution sites
Palestinian Red Crescent: One martyr, several injuries among our teams after the occupation bombed the association's headquarters in al-Amal neighborhood, west of Khan Younis.

One year into war on Gaza, 'Israel' grapples with upper echelon exodus

  • By Al Mayadeen English
  • Source: The Telegraph
  • 21 Sep 2024 20:48
  • 3 Shares
3 Min Read

Nobel laureate Aaron Ciechanover warns of a “huge wave of departures,” noting that “most senior doctors are leaving,” and warns that “as soon as 30,000 of these people leave, we won’t have a country here."

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  • Israeli settlers 'exhausted' from inflation, 'dysfunctional' gov't
    A woman looks at her phone while eating a sandwich next to a shopping cart in Haifa, occupied Palestine, on August 15, 2024. (AP)

The war on Gaza has not only significantly impacted the Israeli occupation's economic standing, but Israelis are also growing exhausted and thus are fleeing, according to The Telegraph, and this can be attributed to the potential of an all-out war, with Hezbollah's operation ongoing undeterred despite the Israeli military's claims otherwise.

In Tel Aviv, Bjørt Kragesteen and her Israeli partner report moving to Sweden, saying they are "completely exhausted".

She told The Telegraph that other friends of theirs are looking to make the same move to "build a brighter future in Europe."

A year into the war, economic repercussions are becoming evident, and many skilled professional settlers are leaving, complicating the attraction of new talent to the Israeli entity.

Nobel laureate Aaron Ciechanover warned of a “huge wave of departures,” noting that “most senior doctors are leaving” and warning that “as soon as 30,000 of these people leave, we won’t have a country here."

Alon Eizenberg, a Bank of Israel consultant, believes the departures are especially troubling for "Israel's" IT sector, which is critical to its economy. 

"Some brain drain and loss of human capital will be inevitable," he pointed out.

Related News

'Israel' closes 88% of war crimes cases without charges: Watchdog

Palestinians are being massacred by US-German weapons: Iran's Baghaei

From a budgetary standpoint, "Israel's" GDP contracted by 5.7% in the last three months of 2023, reflecting the impact of Operation Al-Aqsa Flood.

The Yemeni Armed Forces' attacks on Israeli-bound vessels in the Red Sea have also impacted shipments and the ability to procure items from abroad.

The tourism industry in the occupation has been struck severely, with Coface BDI estimating that up to 60,000 enterprises may collapse in 2024, particularly smaller ones grappling with manpower shortages.

Many workers have been summoned into reserve duty, resulting in a shortage of trained labor. Evacuations have also hurt the agriculture sector, resulting in higher food costs.

Furthermore, development has stopped due to the departure of 80,000 Palestinian laborers from the West Bank, raising worries about rising housing expenses for the general public.

A 38-year-old Israeli settlers reported feeling it was "very hard psychologically" to deal with inflation.

Itai Ater, from Tel Aviv University, expressed deep concern over the economic situation, highlighting the entity's downgrading by credit rating agencies.

"Israel" has shifted from a budget surplus to a deficit of 8.3% of GDP in the past year, with £19 billion already spent on the aggression.

Ater described the government as "completely dysfunctional", highlighting its inability to make necessary tough decisions and warning that any escalation could further harm the economy and further grow a sense of despair.

  • war on Gaza
  • Palestine
  • Israel
  • Hezbollah
  • Israeli occupation
  • Lebanon
  • Gaza
War on Gaza

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