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Israel is bankrupt after the war with the Gaza Strip

 
Anonymous Coward
User ID: 28445796
Poland
11/25/2012 09:49 AM
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Israel is bankrupt after the war with the Gaza Strip
Apart from human casualties, Israel's losses in the eight-day conflict with Gaza could top $1 billion. Businesses within 25 miles of the border lose money when they were ordered closed.

According to estimates published Thursday by the Hebrew economic newspaper The Marker, the cost to Israel for "Operation Pillars of Defense" could top more than $800 million for military expenses and $260 million in compensation for citizens, including damage to property from direct rocket hits.

For businesses large and small, the loss could reach more than $52 million, the Manufacturers Association of Israel announced Thursday.

[link to www.usatoday.com]
Anonymous Coward
User ID: 3066087
United States
11/25/2012 01:28 PM
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Re: Israel is bankrupt after the war with the Gaza Strip
Some would hope, but NOPE, they'll easily recover any losses. tounge

One of the reasons why some Indian defense planners are pushing for it is the possibility of another conflict with Pakistan, where a system like the Iron Dome might be useful to deter even conventional artillery attacks. In addition, Pakistan has developed a tactical nuclear weapon like the Nasr, which is a solid fuelled battlefield range ballistic missile. While Pakistani analysts say this was developed in anticipation of India's supposed Cold Start doctrine, some Indian sources say the Iron Dome might be an effective deterrent against this new weapon.

[link to articles.timesofindia.indiatimes.com]
Anonymous Coward
User ID: 28389315
United States
11/25/2012 01:41 PM
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Re: Israel is bankrupt after the war with the Gaza Strip
Hizballah will be ble to increase their losses ten-fold if israel has the guts to attack lebanon again.

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