ISRAEL’S MILITARY, ECONOMY AND PEOPLE BEING MAULED BY THE PALESTINIAN RESISTANCE
THE MAULING IS ONGOING, DAILY AND HOURLY
* A large fire broke out in the KochavYair settlement, leading to the evacuation of settlers. The fire is being tackled by 8 firefighting teams and 4 helicopters. Meanwhile, fires are also raging around Safed following rocket attacks from Lebanon by Hezbollah.
* 3:21 PM · Oct 24, 2024
Hezbollah: “Our fighters are engaged in violent clashes in the town of Aita al-Shaab since 12:00 noon on Thursday 10-24-2024, from zero distance, using various types of machine guns and missiles. When a Merkava tank intervened to provide support, the Resistance fighters targeted it with appropriate weapons, which led to its burning and the deaths and injuries of its crew. The clashes are still ongoing as of now.”
* 7:21 PM · Oct 24, 2024
Israeli media: An Israeli Air Force pilot committed suicide after suffering from post-combat trauma.
* Israeli media:
Hezbollah members emerged from a tunnel and fired grenades at Israeli soldiers, causing casualties. The soldiers responded by opening fire, but the Israeli army does not know whether Hezbollah members were injured.
In this attack, Hezbollah fighters killed 4 soldiers and injured 6, 3 of them seriously.
* Israeli losses mount in Gazza as Resistance bombs gatherings and vehicles.
Source: Resistance Military Media
* Palestinian Resistance factions are inflicting terrible losses on the invading Israeli occupation forces, killing and wounding numerous of its soldiers while destroying key military vehicles.
* An Israeli soldier is sniped in northern Gazza at the hands of the fighters of the al-Quds Brigades on October 24, 2024 (Al-Quds Brigades Military Media screengrab).
* The Palestinian Resistance continues its operations across multiple fronts in Gazza as part of Operation al-Aqsa Flood in response to the Israeli occupation’s ongoing genocide against the Palestinian people for over a year.
* The al-Qassam Brigades, the military wing of Hamas, confirmed that it targeted an Israeli D9 bulldozer with a Shawaz explosive device near al-Fakhoura School in the Jabaliya refugee camp in northern Gazza.
Simultaneously, the al-Quds Brigades, the military wing of the Palestinian Islamic Jihad, released footage documenting their fighters targeting Israeli military vehicles and sniping an Israeli soldier during intense confrontations against Israeli forces in the northern battlefields of Gazza.
* October 24, 2024
Al-Quds Brigades show scenes of its Mujahideen targeting a gathering of vehicles and sniping an Israeli soldier during fierce battles with enemy forces on the front lines in the northern Gazza Strip.# Al-Mayadeen_
* Meanwhile, the al-Aqsa Martyrs Brigades, the military wing of the Palestinian Resistance Committees announced their shelling of Israeli supply lines in the Netzarim area with mortar shells. They also released footage showing mortar shelling of an Israeli command and control center near the Civil Administration headquarters, east of the Jabaliya refugee camp.
* NYT: Israeli military being entangled in ‘unwinnable’ war’
As the Resistance maintains its operations in northern Gazza, which is under heavy Israeli bombardment as part of a systematic plan to displace residents and destroy essential infrastructure, The New York Times acknowledged that Hamas’ tactics make defeating them challenging.
The newspaper noted that the al-Qassam Brigades still possess the capabilities to entangle the Israeli military in an “unwinnable” war.
Israeli military analysts and soldiers have observed that Palestinian fighters appear briefly in small units to plant explosives in buildings, place roadside bombs, attach mines to Israeli armored vehicles, or launch rocket-propelled grenades at Israeli forces before retreating underground.
* In the Jabaliya refugee camp, one day after eliminating the commander of the 401st Armored Brigade, Colonel EhsanDaqsa, and seriously wounding the commander of the Brigade’s 52nd Battalion, Hamas executed yet another major ambush in the camp.
Currently, the town of Jabaliya in the northern Gazza Strip is being subject to an Israeli campaign of ethnic cleansing, which the Israeli regime describes as the “General’s Plan.”
This is the third incursion by the IOF this year in the camp as Hamas continues to regroup.
* Hebrew media reports that 5 soldiers were killed in clashes with Hezbollah fighters in southern Lebanon.
* 7:55 PM · Oct 24, 2024
CHANNEL 14: Dozens of soldiers were transferred to hospitals after being injured in battles in southern Lebanon during the last hours.
*’Israel’ faces economic instability as capital flight surges 62%*
Source: Israeli media
24 October 2024
A report by Calcalist paints a bleak picture of the Israeli economy’s near-term outlook, with mounting pressures in multiple sectors.
Israeli-based daily business Calcalist recently published an in-depth analysis revealing a dramatic 62% increase in capital flight from “Israel” since October 7, 2023.
This surge in capital outflow, the report notes, has been exacerbated by the political and economic uncertainties following the formation of the extremist government led by Prime Minister Benjamin Netanyahu, BezalelSmotrich, and Itamar Ben-Gvir.
According to the report, capital flight refers to the rapid exodus of financial assets from a country due to various risks, including political instability, social unrest, or geopolitical tensions.
In “Israel’s” case, the combination of escalating geopolitical risks, internal discord, and financial uncertainty has led investors to lose confidence in the Israeli economy and move their assets abroad.
The weakening of the Israeli shekel is one clear indicator of this phenomenon. The currency has fallen by about 10% since the new government took office and has fluctuated dramatically due to market instability.
Experts from Calcalist also highlight that the regime’s net financial outflows turned negative in the second quarter of 2023, with the third quarter showing a stark net outflow of $21 billion—marking a significant shift from the surplus of $1.25 billion recorded earlier.
…
Economist Jacques Bendelac warned last month that “Israel’s” economy could face a potential recession if the war on Gazza continues to drag on.
Bendelac cautioned that the prolonged war, combined with rising costs of living and significant disruptions in key sectors like construction, tourism, and agriculture, would exacerbate economic stagnation.
He also highlighted the growing risks of poverty, particularly for settler communities, as many families struggle to repay debts and loans amidst the crisis.
Humanitarian organizations have already seen a surge in demand for aid, with more individuals relying on food distribution services.