$ZIM Integrated Shipping (ZIM.US)$ israel $250m daily cost d...
$ZIM Integrated Shipping (ZIM.US)$ israel $250m daily cost due to war.
Israel's Ministry of Finance has just revealed the financial burden this war has imposed on the Israeli people. The Gaza conflict is estimated to cost a staggering 1 billion shekels, or approximately $250 million, every single day. In addition, S&P Global Ratings have officially downgraded Israel's economic outlook from "stable" to "negative." This adjustment forecasts a large fiscal deficit, with projections suggesting no rebound to pre-war economy levels until the end of next year, at the earliest. This economic strain extends beyond direct costs, as the substantial mobilization of military reservists and relentless rocket attacks from Gaza continue to deplete Israel's resources.
These developments have significant implications for the people of Israel, with over 130,000 individuals evacuated in the last 4 weeks. Amid these challenges, Feed Israel continues to provide crucial support. Our dedicated volunteers tirelessly prepare and distribute 22,000 meals daily to meet the escalating needs of evacuated families.
These developments have significant implications for the people of Israel, with over 130,000 individuals evacuated in the last 4 weeks. Amid these challenges, Feed Israel continues to provide crucial support. Our dedicated volunteers tirelessly prepare and distribute 22,000 meals daily to meet the escalating needs of evacuated families.
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