Israel’s War on Gaza Cost it $42 Billion

The cost of the war for the Israeli occupation, until mid-January 2025, was 150 billion shekels (about $ 42 billion). That is an average of 300 million shekels (about $84 million) per day, according to the Israeli Yedioth Ahronoth.

The newspaper reported there are large gaps between the cost of fighting in Lebanon, the cost of the Gaza Strip, and the “days of intense fighting” (i.e. attempts to confront Iranian missiles).

According to it, the heaviest cost in security expenditures is “funding the reserve army,” which amounts to 45 billion shekels (more than $12 billion).

A high-ranking source in the Israeli Ministry of Finance previously stated the huge new budgets allocated for 2025 to rebuild the northern and southern settlements are “frozen.”

The source told Yedioth Ahronoth that “the use of these budgets will not be possible until the final approval of the government budget.”

The source added the failure to approve the government budget for 2025 “is already causing significant damage to the economy, while the concern in the Finance Ministry now is that Israel will be run for an entire quarter on an interim budget, with the budget for each of the months of January, February, and March equal to 1/12 of the original government budget for 2024.”

However, “the Finance Ministry’s accountant general decided to allocate a smaller budget, for fear that there would be a need to finance additional months with an interim budget, and to create a reserve aimed at preventing disruption to the budgets of vital services for Israelis.”

In the same context, a senior government economic source also expressed to Yedioth Ahronoth “real concern about the possibility that the government budget will not be approved by the deadline set by law, March 31.”

“If that happens, it will be a disaster,” the source said, adding that “the government’s failure to run the full budget required during the war, with a huge deficit and special security tasks that cannot be implemented, will cause enormous damage to the economy and security,” as stated in Al Mayadeen.

CrossFireArabia

CrossFireArabia

Dr. Marwan Asmar holds a PhD from Leeds University and is a freelance writer specializing on the Middle East. He has worked as a journalist since the early 1990s in Jordan and the Gulf countries, and been widely published, including at Albawaba, Gulf News, Al Ghad, World Press Review and others.

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Javad Zarif and Iran’s Political Feud

After a long-running legal row over his appointment, Iran’s deputy president for strategic affairs, Javad Zarif, announced his resignation on Monday.

In a detailed post on X, the former top diplomat said he had worked with dedication in President Masoud Pezeshkian’s government over the past nine months but endured “the most vile insults, slanders, and threats directed at myself and my family” over the past six months.

He described this period as “the most bitter” of his 40-year political career, referencing the controversy surrounding his appointment as the country’s vice president according to Anadolu.

Many of his critics argued that his appointment violated the Constitution, as his children — born in the US — are natural-born citizens of the US.

“Over the past four decades, I have endured countless insults and accusations for my small role in advancing national interests, from ending the imposed war to bringing the nuclear case to completion, and I have remained silent in the face of a flood of lies and distortions to protect the country’s interests,” he wrote in his resignation letter.

Zarif, who served as foreign minister for eight years under President Hassan Rouhani and played a key role in the 2015 Iran nuclear deal, said he was invited by the judiciary chief, who pointed to the country’s current state and advised him to return to academia “to prevent further pressure on the government.”

“I hope that with my departure, obstacles to the people’s will and the government’s success will be removed,” Zarif said.

The former top diplomat had been under intense pressure from conservative political circles, which urged parliament to remove him from his government post.

Notably, Zarif, who had campaigned for Pezeshkian during the elections, also led the committee responsible for selecting candidates for various ministries and government departments.

There had been speculation about his resignation in the past too but he always dismissed them.

There has been no word so far from the president’s office on whether he will accept the resignation. But sources say the resignation will be accepted to prevent further pressure on the government.

On Sunday, Economy Minister Abdolnasser Hemmati was impeached by the parliament over mounting economic woes and depreciating national currency rial.

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Israel Kills 16 Children

Since the start of 2025, the Israeli army has killed 16 Palestinian children in the occupied West Bank, despite them posing no real threat, according to Defense for Children International.

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