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BREAKING
The Israeli occupation targets Deir Keefa in South Lebanon with 2 surface-to-surface missiles
Philippe Lazzarini: The famine in Gaza is a direct result of banning food and other basic supplies for months including from UNRWA .
Philippe Lazzarini: The spread of famine can still be controlled by a ceasefire and allowing humanitarian organizations to do their work and reach starving people with aid.
The United Nations on the Israeli-induced famine in Gaza: The starvation of civilians for military objectives is a war crime.
UNRWA Commissioner-General Philippe Lazzarini: famine is now confirmed in Gaza city. This is starvation by design and manmade by the Government of Israel.
More than 30 people have been martyred in Gaza since Friday dawn in Israeli bombardment targeting refugee camps throughout the blockaded strip.
Al Mayadeen correspondent: The Israeli occupation forces are carrying out demolitions of residential buildings in Gaza's al-Tuffah neighborhood amid intensifying airstrikes.
Israeli media: A man is critically wounded from a shooting near Malachi Hashalom between Ramallah and Nablus, and ambulance crews are on their way to the scene.
Al Mayadeen correspondent: One person was martyred in an Israeli airstrike that targeted a motorcycle in southern Lebanon's Deir Saryan.
Al Mayadeen's correspondent to Southern Lebanon: An Israeli drone strike on a motorcycle in the town of Deir Saryan left one civilian injured

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.

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Yemen rallies back Resistance, call for escalation against 'Israel'

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.

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