Archives Military conflict - Page 39 of 46 - New Eastern Outlook

The aftermath of Hamas’s Operation Al-Aqsa Flood on 7 October has left Israeli companies devastated as settlers face an unfamiliar situation, unprecedented in the absence of government financial injections and aid for them. More than a month into the Hamas operation, the war in Gaza has had a devastating effect on Israeli business activity, with hundreds of companies on the verge of bankruptcy. Economists and financiers estimate that the initial cost of the Gaza war to Tel Aviv is $51 billion, or about 10 per cent of Israel’s GDP. Israel’s Labour Ministry reports that some 765,000 Israelis…

Since the outbreak of a new conflict between Israel and the Palestinians, the US has made it clear that it stands by its main ally, Israel. Washington has provided financial, military, military-technical, intelligence, and diplomatic support to Tel Aviv in addition to political affirmations regarding Israel’s right to self-defense. It is clear that Israel would not have discriminated against the Palestinian people, enjoyed the same advantages in the Middle East for a large portion of its existence, and the political and territorial issues surrounding the Arab-Israeli conflict would have been resolved without US assistance…

When the Iranian Foreign Minister Hossein Amir-Abdollahian visited Saudi Arabia in August, months before the start of the Gaza war, he declared that bilateral ties were “on the right track”. Later, in the second week of October, Iranian President Ebrahim Raisi and Saudi Crown Prince Mohammad bin Salman (MBS) had a telephone conversation about the situation in Palestine. Now, Ebrahim visited Saudi Arabia from November 13 to participate in the OIC-organized Gaza summit…