US EditionHow much is Israel spending in its war with Iran | Conflicts puts massive pressure on defence budget
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4 Articles
Israel Spends $200 Million a Day on Interceptor Missiles: WSJ - teleSUR English
The scale of spending has led economists to warn that this war is “far more costly” than previous conflicts in Gaza. On Friday, The Wall Street Journal (WSJ) published an article showing that Israel is spending up to US$200 million per day on its anti-missile system operations, a cost that could seriously constrain the duration of its conflict with Iran. RELATED: Iran Hits Israeli Military-Tech Hub in Beersheba Since clashes began on June 13, Ir…
The conflict in Gaza has already cost US$67 billion, in that with Iran spends $735 million a day: it is the most expensive period in its history from the military point of view. And the GDP growth forecasts fall
How much is Israel spending in its war with Iran | Conflicts puts massive pressure on defence budget
As Israel’s conflict with Iran intensifies, the financial toll on the nation is becoming increasingly unsustainable. According to Brigadier General (res.) Re’em Aminach, a former senior financial adviser to the Israel Defense Forces (IDF) Chief of Staff, the country is now spending nearly 1 billion dollars (USD 725 million) per day solely on military operations. The staggering cost underscores the scale and complexity of the conflict that has no…
The escalation of the conflict between Israel and Iran is worrying if we consider three factors: the lessons of the past, the future geopolitical implications, and what it could do to the global economy. I'll start with the lessons of the past. Armed conflicts have existed since the earliest civilizations. Some escalated very quickly and quickly became warlike for several years. The best example is World War I. There was an assassination, and a …
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