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News Apr 03, 2026

Israel Faces $112 bn War Burden as Public Endurance Wanes Amid Iran Conflict

Two‑and‑a‑half years of successive wars have cost Israel an estimated 352 billion shekels ($112 bn)…
Analysts say that more than two years of relentless campaigns against Gaza, the Houthis, Lebanon and now Iran have reshaped Israel’s politics, economy and social fabric.Washington, rather than Jerusalem, is likely to decide the ultimate outcome of the conflict that Israeli leaders describe as an “existential battle” with Tehran.According to the Bank of Israel, the cumulative cost of these wars has reached 352 billion shekels (about $112 bn), which translates to roughly 300 million shekels ($96 m) per day. The financial pressure is compounded by the International Court of Justice hearing credible genocide accusations and the International Criminal Court’s arrest warrants for the prime minister and a former defence minister.Domestically, Israelis endure frequent air‑raid alerts and school closures, while many families juggle work and shelter duties. Yet a poll by the Israel Democracy Institute in late March showed that 78 % of Jewish Israelis still support continuing the war, even as a majority doubt that Washington and Israeli planners have fully grasped Tehran’s capabilities.Political commentator Dahlia Scheindlin told Al Jazeera that a “graveness” has settled over the population, noting a grim determination to press on despite exhaustion.Israel’s right‑wing coalition, led by figures such as National Security Minister Itamar Ben‑Gvir and ultra‑Orthodox Finance Minister Bezalel Smotrich, has pushed through a controversial death‑penalty law targeting Palestinians and approved a record $271 bn budget. The budget allocates substantial funds to ultra‑Orthodox and settler communities, a move described by critics as an attempt to shore up Prime Minister Netanyahu’s waning support.Internationally, the United Nations, European Union and several Muslim‑majority states have condemned the new death‑penalty legislation, though Israel has so far avoided direct sanctions.Economists warn that the war’s fiscal impact extends beyond defence spending. A Le Monde analysis highlighted rising defence outlays, lost productivity from reservist mobilisation, and dampened consumer activity. While temporary tax cuts have mitigated fuel‑price spikes caused by Iran’s closure of the Strait of Hormuz, political economist Shir Hever cautions that Israel’s reliance on imported fuel means any relief is short‑lived.Hever likens the current economic trajectory to that of a “totalitarian state,” where military expenses are pursued arbitrarily, ignoring broader economic stability.Ultimately, the war’s duration may hinge more on U.S. policy than Israeli strategy. When asked by Newsmax about progress toward its goals, Prime Minister Netanyahu could only claim the effort was “halfway” achieved.
#israel #iran #war
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News Mar 23, 2026

Israeli Settlers Unleash Violence on West Bank Towns for Second Consecutive Night

Israeli settlers launched a second night of rampages through West Bank towns and villages, injuring…
Israeli settlers carried out coordinated attacks on multiple towns and villages in the occupied West Bank for the second consecutive night, resulting in at least nine Palestinian injuries. The violence took place during the Eid al-Fitr holiday, marking the end of Ramadan.In one incident, a 45-year-old man was shot in the foot during a confrontation with Israeli settlers in Deir al-Hatab, east of Nablus. The Palestine Red Crescent Society (PRCS) reported that a 47-year-old Palestinian man was attacked by settlers in Jabal al-Arma in Beita, while others were beaten.The attacks were widespread, with homes and cars set ablaze and property vandalized across the occupied West Bank. Simultaneous assaults occurred in at least six communities, including villages near Jenin and Nablus.The violence followed a funeral for 18-year-old Yehuda Sherman, an Israeli settler killed in a collision with a Palestinian vehicle. Israeli police are investigating claims that the collision was deliberate.The Israeli government's expansion of illegal settlements in the occupied West Bank has been met with international criticism. The United Nations Office for the Coordination of Humanitarian Affairs reported that 25 Palestinians have been killed by Israeli settlers and soldiers so far this year.Amnesty International condemned the expansion of illegal settlements and state-backed settler violence, calling it a "direct indictment of the international community's catastrophic failure" to take action. The International Court of Justice ruled in 2024 that Israel's continued presence in the occupied Palestinian territory is unlawful and should end "as rapidly as possible".
#israeli #settlers #occupied
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